BOL CONCEPT: 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.
BOL CONCEPT
Largest movements
- Tangible fixed assets +€10,860
up €10,860 (+141.1%), from €7,697 to €18,558
- Receivables within one year +€6,296
up €6,296 (+33.0%), from €19,057 to €25,352
of which Trade receivables: +€6,095
- Cash -€3,001
down €3,001 (-74.7%), from €4,019 to €1,017
mainly Investment in fixed assets (net) (-€12,922) and Receivables within one year (-€6,296)
- Debts after one year +€9,167
up €9,167 (+142.0%), from €6,457 to €15,624
- Current portion of long-term debt +€3,645
up €3,645 (+70.6%), from €5,165 to €8,810
- Trade debts -€3,381
down €3,381 (-37.3%), from €9,056 to €5,675
of which Bills of exchange payable: -€3,364
- Short-term financial debts +€1,974
up €1,974 (+217.5%), from €908 to €2,881
- Tax, wage and social debts +€1,774
up €1,774 (+61.6%), from €2,882 to €4,656
of which Remuneration and social security: +€1,160
- Purchases and services -€27,762
down €27,762 (-30.5%), from €91,064 to €63,302
- Gross operating margin +€18,704
up €18,704 (+105.8%), from €17,684 to €36,388
- Staff costs +€17,552
up €17,552 (+243.0%), from €7,222 to €24,773
- Turnover -€9,058
down €9,058 (-8.3%), from €108,748 to €99,690
- Depreciation -€5,041
down €5,041 (-71.0%), from €7,103 to €2,062
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.
Cash bridge derived
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 | €32,005 | €46,076 | +€14,071 | +44.0% |
| Fixed assets | 21/28 | €7,697 | €18,558 | +€10,860 | +141.1% |
| Tangible fixed assets | 22/27 | €7,697 | €18,558 | +€10,860 | +141.1% |
| Furniture and vehicles | 24 | €7,697 | €18,558 | +€10,860 | +141.1% |
| Current assets | 29/58 | €24,308 | €27,519 | +€3,211 | +13.2% |
| Amounts receivable within one year | 40/41 | €19,057 | €25,352 | +€6,296 | +33.0% |
| Trade receivables | 40 | €18,078 | €24,172 | +€6,095 | +33.7% |
| Other amounts receivable | 41 | €979 | €1,180 | +€201 | +20.6% |
| Cash at bank and in hand | 54/58 | €4,019 | €1,017 | -€3,001 | -74.7% |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,149 | -€84 | -6.8% |
| Total equity and liabilities | 10/49 | €32,005 | €46,076 | +€14,071 | +44.0% |
| Equity | 10/15 | €6,745 | €8,356 | +€1,611 | +23.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,745 | €7,356 | +€1,611 | +28.0% |
| Amounts payable | 17/49 | €25,260 | €37,720 | +€12,460 | +49.3% |
| Amounts payable after more than one year | 17 | €6,457 | €15,624 | +€9,167 | +142.0% |
| Financial debts | 170/4 | €6,457 | €15,624 | +€9,167 | +142.0% |
| Amounts payable within one year | 42/48 | €18,804 | €22,096 | +€3,293 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €5,165 | €8,810 | +€3,645 | +70.6% |
| Financial debts | 43 | €908 | €2,881 | +€1,974 | +217.5% |
| Credit institutions | 430/8 | €908 | €2,881 | +€1,974 | +217.5% |
| Trade debts | 44 | €9,056 | €5,675 | -€3,381 | -37.3% |
| Suppliers | 440/4 | €45 | €28 | -€17 | -37.8% |
| Bills of exchange payable | 441 | €9,011 | €5,647 | -€3,364 | -37.3% |
| Taxes, remuneration and social security | 45 | €2,882 | €4,656 | +€1,774 | +61.6% |
| Taxes | 450/3 | €1,214 | €1,828 | +€614 | +50.6% |
| Remuneration and social security | 454/9 | €1,667 | €2,827 | +€1,160 | +69.6% |
| Other amounts payable | 47/48 | €794 | €75 | -€719 | -90.6% |
| Turnover | 70 | €108,748 | €99,690 | -€9,058 | -8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €91,064 | €63,302 | -€27,762 | -30.5% |
| Remuneration, social security and pensions | 62 | €7,222 | €24,773 | +€17,552 | +243.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,103 | €2,062 | -€5,041 | -71.0% |
| Other operating charges | 640/8 | €1,474 | €4,211 | +€2,737 | +185.7% |
| Gross operating margin | 9900 | €17,684 | €36,388 | +€18,704 | +105.8% |
| Operating profit (loss) | 9901 | €1,885 | €5,342 | +€3,457 | +183.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,028 | €1,904 | +€876 | +85.2% |
| Recurring financial charges | 65 | €1,028 | €1,904 | +€876 | +85.2% |
| Profit (loss) for the period before taxes | 9903 | €858 | €3,440 | +€2,582 | +301.0% |
| Income taxes | 67/77 | - | €1,828 | +€1,828 | |
| Profit (loss) for the period | 9904 | €858 | €1,611 | +€754 | +87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €858 | €1,611 | +€754 | +87.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.