A. BOLOGNE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
A. BOLOGNE
Largest movements
- Tangible fixed assets -€28,763
down €28,763 (-99.1%), from €29,029 to €267
- Receivables within one year +€26,901
up €26,901 (+215.7%), from €12,471 to €39,372
of which Other amounts receivable: +€34,606
- Cash -€1,645
down €1,645 (-30.5%), from €5,400 to €3,755
- Reserves +€25,700
new in 2025: €25,700
- Debts after one year -€14,763
down €14,763 (-100.0%), from €14,763 to €0
- Current portion of long-term debt -€10,061
no longer reported in 2025 (was €10,061)
- Tax, wage and social debts -€3,535
down €3,535 (-20.6%), from €17,182 to €13,646
- Other debts -€1,326
no longer reported in 2025 (was €1,326)
- Gross operating margin -€38,160
down €38,160 (-82.4%), from €46,304 to €8,144
- Depreciation -€9,512
down €9,512 (-65.9%), from €14,434 to €4,923
- Taxes -€2,855
down €2,855 (-33.9%), from €8,424 to €5,569
- Financial charges -€839
down €839 (-86.0%), from €976 to €137
From the 2022 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,235 | €46,032 | -€3,203 | -6.5% |
| Fixed assets | 21/28 | €29,029 | €267 | -€28,763 | -99.1% |
| Tangible fixed assets | 22/27 | €29,029 | €267 | -€28,763 | -99.1% |
| Furniture and vehicles | 24 | €29,029 | €267 | -€28,763 | -99.1% |
| Current assets | 29/58 | €20,206 | €45,766 | +€25,560 | +126.5% |
| Amounts receivable within one year | 40/41 | €12,471 | €39,372 | +€26,901 | +215.7% |
| Trade receivables | 40 | €12,458 | €4,754 | -€7,704 | -61.8% |
| Other amounts receivable | 41 | €12 | €34,618 | +€34,606 | +278403.1% |
| Cash at bank and in hand | 54/58 | €5,400 | €3,755 | -€1,645 | -30.5% |
| Deferred charges and accrued income | 490/1 | €2,336 | €2,639 | +€303 | +13.0% |
| Total equity and liabilities | 10/49 | €49,235 | €46,032 | -€3,203 | -6.5% |
| Equity | 10/15 | €5,000 | €30,776 | +€25,776 | +515.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €25,700 | +€25,700 | |
| Distributable reserves | 133 | - | €25,700 | +€25,700 | |
| Profit (loss) carried forward | 14 | - | €76 | +€76 | |
| Amounts payable | 17/49 | €44,235 | €15,256 | -€28,979 | -65.5% |
| Amounts payable after more than one year | 17 | €14,763 | €0 | -€14,763 | -100.0% |
| Financial debts | 170/4 | €14,763 | €0 | -€14,763 | -100.0% |
| Amounts payable within one year | 42/48 | €29,104 | €15,256 | -€13,848 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €10,061 | - | -€10,061 | |
| Trade debts | 44 | €536 | €1,610 | +€1,074 | +200.5% |
| Suppliers | 440/4 | €536 | €1,610 | +€1,074 | +200.5% |
| Taxes, remuneration and social security | 45 | €17,182 | €13,646 | -€3,535 | -20.6% |
| Taxes | 450/3 | €17,182 | €13,646 | -€3,535 | -20.6% |
| Other amounts payable | 47/48 | €1,326 | - | -€1,326 | |
| Accrued charges and deferred income | 492/3 | €368 | - | -€368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,434 | €4,923 | -€9,512 | -65.9% |
| Other operating charges | 640/8 | €1,969 | €2,004 | +€35 | +1.8% |
| Gross operating margin | 9900 | €46,304 | €8,144 | -€38,160 | -82.4% |
| Operating profit (loss) | 9901 | €29,901 | €1,217 | -€28,684 | -95.9% |
| Financial income | 75/76B | €3 | €10 | +€7 | +234.0% |
| Recurring financial income | 75 | €3 | €10 | +€7 | +234.0% |
| Financial charges | 65/66B | €976 | €137 | -€839 | -86.0% |
| Recurring financial charges | 65 | €976 | €137 | -€839 | -86.0% |
| Profit (loss) for the period before taxes | 9903 | €28,927 | €1,090 | -€27,838 | -96.2% |
| Income taxes | 67/77 | €8,424 | €5,569 | -€2,855 | -33.9% |
| Profit (loss) for the period | 9904 | €20,503 | -€4,479 | -€24,982 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,503 | -€4,479 | -€24,982 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.