AF BOLOHAN: what changed
Two financial 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.
AF BOLOHAN
Largest movements
- Cash +€64,128
up €64,128 (+90.5%), from €70,869 to €134,997
mainly Net result for the year (+€34,988) and Depreciation (+€32,875)
- Tangible fixed assets -€50,745
down €50,745 (-46.2%), from €109,853 to €59,108
of which Furniture and vehicles: -€49,931
- Receivables within one year -€22,769
down €22,769 (-7.5%), from €303,729 to €280,960
of which Other amounts receivable: -€27,107
- Tax, wage and social debts -€48,909
down €48,909 (-79.7%), from €61,365 to €12,456
of which Taxes: -€34,578
- Profit (loss) carried forward +€34,988
up €34,988 (+13.6%), from €258,050 to €293,038
- Trade debts +€29,658
up €29,658 (+1,699%), from €1,746 to €31,404
- Debts after one year -€12,984
down €12,984 (-20.7%), from €62,581 to €49,597
- Other debts -€7,796
down €7,796 (-9.3%), from €83,844 to €76,048
- Staff costs -€25,251
no longer reported in 2025 (was €25,251)
- Depreciation -€15,078
down €15,078 (-31.4%), from €47,953 to €32,875
- Taxes +€7,563
up €7,563 (+119%), from €6,333 to €13,896
- Gross operating margin -€7,292
down €7,292 (-7.0%), from €104,002 to €96,710
- Other operating charges +€4,247
up €4,247 (+67.7%), from €6,275 to €10,522
From the 2024 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €489,511 | €479,504 | -€10,007 | -2.0% |
| Fixed assets | 21/28 | €111,423 | €60,678 | -€50,745 | -45.5% |
| Tangible fixed assets | 22/27 | €109,853 | €59,108 | -€50,745 | -46.2% |
| Plant, machinery and equipment | 23 | €814 | - | -€814 | |
| Furniture and vehicles | 24 | €109,039 | €59,108 | -€49,931 | -45.8% |
| Financial fixed assets | 28 | €1,570 | €1,570 | = | 0.0% |
| Current assets | 29/58 | €378,088 | €418,826 | +€40,738 | +10.8% |
| Amounts receivable within one year | 40/41 | €303,729 | €280,960 | -€22,769 | -7.5% |
| Trade receivables | 40 | €273,941 | €278,279 | +€4,338 | +1.6% |
| Other amounts receivable | 41 | €29,788 | €2,681 | -€27,107 | -91.0% |
| Cash at bank and in hand | 54/58 | €70,869 | €134,997 | +€64,128 | +90.5% |
| Deferred charges and accrued income | 490/1 | €3,490 | €2,869 | -€621 | -17.8% |
| Total equity and liabilities | 10/49 | €489,511 | €479,504 | -€10,007 | -2.0% |
| Equity | 10/15 | €264,050 | €299,038 | +€34,988 | +13.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | - | -€6,000 | |
| Other | 1109/19 | €6,000 | - | -€6,000 | |
| Profit (loss) carried forward | 14 | €258,050 | €293,038 | +€34,988 | +13.6% |
| Amounts payable | 17/49 | €225,461 | €180,466 | -€44,995 | -20.0% |
| Amounts payable after more than one year | 17 | €62,581 | €49,597 | -€12,984 | -20.7% |
| Financial debts | 170/4 | €62,581 | €49,597 | -€12,984 | -20.7% |
| Amounts payable within one year | 42/48 | €162,880 | €130,869 | -€32,011 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €15,925 | €10,962 | -€4,963 | -31.2% |
| Trade debts | 44 | €1,746 | €31,404 | +€29,658 | +1,699% |
| Suppliers | 440/4 | €1,746 | €31,404 | +€29,658 | +1,699% |
| Taxes, remuneration and social security | 45 | €61,365 | €12,456 | -€48,909 | -79.7% |
| Taxes | 450/3 | €47,034 | €12,456 | -€34,578 | -73.5% |
| Remuneration and social security | 454/9 | €14,331 | - | -€14,331 | |
| Other amounts payable | 47/48 | €83,844 | €76,048 | -€7,796 | -9.3% |
| Remuneration, social security and pensions | 62 | €25,251 | - | -€25,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,953 | €32,875 | -€15,078 | -31.4% |
| Other operating charges | 640/8 | €6,275 | €10,522 | +€4,247 | +67.7% |
| Gross operating margin | 9900 | €104,002 | €96,710 | -€7,292 | -7.0% |
| Operating profit (loss) | 9901 | €24,523 | €53,313 | +€28,790 | +117% |
| Financial income | 75/76B | €1,060 | €1 | -€1,059 | -99.9% |
| Recurring financial income | 75 | €1,060 | €1 | -€1,059 | -99.9% |
| Financial charges | 65/66B | €1,735 | €4,429 | +€2,694 | +155% |
| Recurring financial charges | 65 | €1,735 | €4,429 | +€2,694 | +155% |
| Profit (loss) for the period before taxes | 9903 | €23,848 | €48,884 | +€25,036 | +105% |
| Income taxes | 67/77 | €6,333 | €13,896 | +€7,563 | +119% |
| Profit (loss) for the period | 9904 | €17,515 | €34,988 | +€17,473 | +99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,515 | €34,988 | +€17,473 | +99.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.