BART VAN DEN BOSCH: 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.
BART VAN DEN BOSCH
Largest movements
- Receivables within one year +€28,897
up €28,897 (+47.9%), from €60,341 to €89,239
of which Other amounts receivable: +€17,826
- Cash -€8,434
down €8,434 (-50.2%), from €16,794 to €8,361
mainly Receivables within one year (-€28,897) and Net result for the year (-€19,515)
- Stocks and contracts +€3,580
up €3,580 (+35.9%), from €9,981 to €13,561
- Tangible fixed assets -€2,208
down €2,208 (-56.2%), from €3,926 to €1,718
- Trade debts +€22,961
up €22,961 (+55.3%), from €41,535 to €64,496
- Profit (loss) carried forward -€19,515
new in 2025: -€19,515
- Debts after one year +€9,902
up €9,902 (+161%), from €6,136 to €16,037
- Current portion of long-term debt +€8,143
up €8,143 (+113%), from €7,199 to €15,342
- Accrued charges and deferred income +€1,283
new in 2025: €1,283
- Gross operating margin -€41,625
down €41,625, from €26,681 to -€14,944
- Taxes -€8,465
down €8,465 (-96.8%), from €8,745 to €279
- Financial charges +€1,265
up €1,265 (+44.6%), from €2,837 to €4,102
of which Financial charges: +€1,515
- Other operating charges -€1,133
down €1,133 (-65.8%), from €1,723 to €590
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 | €98,632 | €120,731 | +€22,099 | +22.4% |
| Fixed assets | 21/28 | €10,693 | €7,985 | -€2,708 | -25.3% |
| Intangible fixed assets | 21 | €3,167 | €2,667 | -€500 | -15.8% |
| Tangible fixed assets | 22/27 | €3,926 | €1,718 | -€2,208 | -56.2% |
| Furniture and vehicles | 24 | €3,926 | €1,718 | -€2,208 | -56.2% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €87,939 | €112,747 | +€24,808 | +28.2% |
| Stocks and contracts in progress | 3 | €9,981 | €13,561 | +€3,580 | +35.9% |
| Stocks | 30/36 | €9,981 | €13,561 | +€3,580 | +35.9% |
| Amounts receivable within one year | 40/41 | €60,341 | €89,239 | +€28,897 | +47.9% |
| Trade receivables | 40 | €1,786 | €12,857 | +€11,071 | +620% |
| Other amounts receivable | 41 | €58,556 | €76,382 | +€17,826 | +30.4% |
| Cash at bank and in hand | 54/58 | €16,794 | €8,361 | -€8,434 | -50.2% |
| Deferred charges and accrued income | 490/1 | €822 | €1,587 | +€764 | +92.9% |
| Total equity and liabilities | 10/49 | €98,632 | €120,731 | +€22,099 | +22.4% |
| Equity | 10/15 | €24,844 | €5,329 | -€19,515 | -78.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €21,844 | €21,844 | = | 0.0% |
| Distributable reserves | 133 | €21,844 | €21,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,515 | -€19,515 | |
| Amounts payable | 17/49 | €73,788 | €115,402 | +€41,614 | +56.4% |
| Amounts payable after more than one year | 17 | €6,136 | €16,037 | +€9,902 | +161% |
| Financial debts | 170/4 | €6,136 | €16,037 | +€9,902 | +161% |
| Amounts payable within one year | 42/48 | €67,652 | €98,082 | +€30,429 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | €7,199 | €15,342 | +€8,143 | +113% |
| Trade debts | 44 | €41,535 | €64,496 | +€22,961 | +55.3% |
| Suppliers | 440/4 | €41,535 | €64,496 | +€22,961 | +55.3% |
| Taxes, remuneration and social security | 45 | €18,918 | €18,244 | -€675 | -3.6% |
| Taxes | 450/3 | €18,918 | €17,244 | -€1,675 | -8.9% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,283 | +€1,283 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,708 | €2,708 | = | 0.0% |
| Other operating charges | 640/8 | €1,723 | €590 | -€1,133 | -65.8% |
| Gross operating margin | 9900 | €26,681 | -€14,944 | -€41,625 | |
| Operating profit (loss) | 9901 | €22,249 | -€18,243 | -€40,492 | |
| Financial income | 75/76B | €3,022 | €3,109 | +€87 | +2.9% |
| Recurring financial income | 75 | €3,022 | €3,109 | +€87 | +2.9% |
| Financial charges | 65/66B | €2,837 | €4,102 | +€1,265 | +44.6% |
| Recurring financial charges | 65 | €2,587 | €4,102 | +€1,515 | +58.6% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | €22,435 | -€19,235 | -€41,670 | |
| Income taxes | 67/77 | €8,745 | €279 | -€8,465 | -96.8% |
| Profit (loss) for the period | 9904 | €13,690 | -€19,515 | -€33,204 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,690 | -€19,515 | -€33,204 |
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 20 October 2026 via checked.be.