BOL & CO: 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.
BOL & CO
Largest movements
- Cash -€89,300
down €89,300 (-85.5%), from €104,426 to €15,126
mainly Net result for the year (-€44,751) and Short-term financial debts (-€30,000)
- Tangible fixed assets -€5,014
down €5,014 (-26.3%), from €19,040 to €14,026
of which Furniture and vehicles: -€4,047
- Receivables within one year +€2,477
up €2,477 (+10.0%), from €24,648 to €27,125
of which Trade receivables: +€1,604
- Profit (loss) carried forward -€44,751
down €44,751 (-54.0%), from €82,940 to €38,189
- Short-term financial debts -€30,000
no longer reported in 2025 (was €30,000)
- Trade debts -€14,065
down €14,065 (-72.8%), from €19,309 to €5,244
- Current portion of long-term debt -€5,153
no longer reported in 2025 (was €5,153)
- Other debts +€2,400
new in 2025: €2,400
- Gross operating margin -€26,814
down €26,814 (-89.5%), from €29,947 to €3,133
- Staff costs +€5,678
up €5,678 (+15.5%), from €36,533 to €42,211
- Financial charges -€2,030
down €2,030 (-93.6%), from €2,168 to €138
- Other operating charges -€1,707
down €1,707 (-48.3%), from €3,535 to €1,828
- Financial income +€1,495
up €1,495 (+8,306%), from €18 to €1,513
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 | €149,774 | €57,547 | -€92,227 | -61.6% |
| Fixed assets | 21/28 | €19,170 | €14,156 | -€5,014 | -26.2% |
| Tangible fixed assets | 22/27 | €19,040 | €14,026 | -€5,014 | -26.3% |
| Furniture and vehicles | 24 | €14,235 | €10,188 | -€4,047 | -28.4% |
| Other tangible fixed assets | 26 | €4,805 | €3,838 | -€967 | -20.1% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €130,604 | €43,391 | -€87,213 | -66.8% |
| Stocks and contracts in progress | 3 | €1,530 | €1,140 | -€390 | -25.5% |
| Stocks | 30/36 | €1,530 | €1,140 | -€390 | -25.5% |
| Amounts receivable within one year | 40/41 | €24,648 | €27,125 | +€2,477 | +10.0% |
| Trade receivables | 40 | €23,880 | €25,484 | +€1,604 | +6.7% |
| Other amounts receivable | 41 | €768 | €1,641 | +€873 | +114% |
| Cash at bank and in hand | 54/58 | €104,426 | €15,126 | -€89,300 | -85.5% |
| Total equity and liabilities | 10/49 | €149,774 | €57,547 | -€92,227 | -61.6% |
| Equity | 10/15 | €91,000 | €46,249 | -€44,751 | -49.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,940 | €38,189 | -€44,751 | -54.0% |
| Amounts payable | 17/49 | €58,774 | €11,298 | -€47,476 | -80.8% |
| Amounts payable within one year | 42/48 | €58,774 | €11,298 | -€47,476 | -80.8% |
| Current portion of amounts payable after more than one year | 42 | €5,153 | - | -€5,153 | |
| Financial debts | 43 | €30,000 | - | -€30,000 | |
| Credit institutions | 430/8 | €30,000 | - | -€30,000 | |
| Trade debts | 44 | €19,309 | €5,244 | -€14,065 | -72.8% |
| Suppliers | 440/4 | €19,309 | €5,244 | -€14,065 | -72.8% |
| Taxes, remuneration and social security | 45 | €4,312 | €3,654 | -€658 | -15.3% |
| Remuneration and social security | 454/9 | €4,312 | €3,654 | -€658 | -15.3% |
| Other amounts payable | 47/48 | - | €2,400 | +€2,400 | |
| Remuneration, social security and pensions | 62 | €36,533 | €42,211 | +€5,678 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,867 | €5,014 | -€853 | -14.5% |
| Other operating charges | 640/8 | €3,535 | €1,828 | -€1,707 | -48.3% |
| Gross operating margin | 9900 | €29,947 | €3,133 | -€26,814 | -89.5% |
| Operating profit (loss) | 9901 | -€15,988 | -€45,920 | -€29,932 | -187% |
| Financial income | 75/76B | €18 | €1,513 | +€1,495 | +8,306% |
| Recurring financial income | 75 | €18 | €1,513 | +€1,495 | +8,306% |
| Financial charges | 65/66B | €2,168 | €138 | -€2,030 | -93.6% |
| Recurring financial charges | 65 | €2,168 | €138 | -€2,030 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,138 | -€44,545 | -€26,407 | -146% |
| Income taxes | 67/77 | €811 | €206 | -€605 | -74.6% |
| Profit (loss) for the period | 9904 | -€18,949 | -€44,751 | -€25,802 | -136% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,949 | -€44,751 | -€25,802 | -136% |
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 18 October 2026 via checked.be.