BOLAND: 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.
BOLAND
Largest movements
- Receivables within one year -€1,360
down €1,360 (-31.7%), from €4,295 to €2,935
of which Trade receivables: -€1,042
- Cash -€1,113
down €1,113 (-29.0%), from €3,836 to €2,723
mainly Trade debts (-€2,919) and Net result for the year (-€761)
- Tangible fixed assets -€484
down €484 (-42.8%), from €1,131 to €647
- Trade debts -€2,919
down €2,919 (-84.4%), from €3,460 to €541
- Profit (loss) carried forward -€761
down €761 (-5.3%), from -€14,471 to -€15,232
- Tax, wage and social debts +€652
up €652 (+74.9%), from €870 to €1,522
- Gross operating margin +€4,005
up €4,005, from -€3,691 to €314
- Depreciation -€577
down €577 (-54.4%), from €1,061 to €484
- Other operating charges -€345
down €345 (-47.1%), from €732 to €387
- Financial charges +€139
up €139 (+185%), from €75 to €214
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,310 | €7,282 | -€3,028 | -29.4% |
| Fixed assets | 21/28 | €1,131 | €647 | -€484 | -42.8% |
| Tangible fixed assets | 22/27 | €1,131 | €647 | -€484 | -42.8% |
| Plant, machinery and equipment | 23 | €1,131 | €647 | -€484 | -42.8% |
| Current assets | 29/58 | €9,179 | €6,635 | -€2,544 | -27.7% |
| Amounts receivable within one year | 40/41 | €4,295 | €2,935 | -€1,360 | -31.7% |
| Trade receivables | 40 | €3,977 | €2,935 | -€1,042 | -26.2% |
| Other amounts receivable | 41 | €318 | - | -€318 | |
| Cash at bank and in hand | 54/58 | €3,836 | €2,723 | -€1,113 | -29.0% |
| Deferred charges and accrued income | 490/1 | €1,048 | €977 | -€71 | -6.8% |
| Total equity and liabilities | 10/49 | €10,310 | €7,282 | -€3,028 | -29.4% |
| Equity | 10/15 | €5,980 | €5,219 | -€761 | -12.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,471 | -€15,232 | -€761 | -5.3% |
| Amounts payable | 17/49 | €4,330 | €2,063 | -€2,267 | -52.4% |
| Amounts payable within one year | 42/48 | €4,330 | €2,063 | -€2,267 | -52.4% |
| Trade debts | 44 | €3,460 | €541 | -€2,919 | -84.4% |
| Suppliers | 440/4 | €3,460 | €541 | -€2,919 | -84.4% |
| Taxes, remuneration and social security | 45 | €870 | €1,522 | +€652 | +74.9% |
| Taxes | 450/3 | €870 | €1,522 | +€652 | +74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,061 | €484 | -€577 | -54.4% |
| Other operating charges | 640/8 | €732 | €387 | -€345 | -47.1% |
| Gross operating margin | 9900 | -€3,691 | €314 | +€4,005 | |
| Operating profit (loss) | 9901 | -€5,484 | -€557 | +€4,927 | +89.8% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €75 | €214 | +€139 | +185% |
| Recurring financial charges | 65 | €75 | €214 | +€139 | +185% |
| Profit (loss) for the period before taxes | 9903 | -€5,559 | -€761 | +€4,798 | +86.3% |
| Profit (loss) for the period | 9904 | -€5,559 | -€761 | +€4,798 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,559 | -€761 | +€4,798 | +86.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.