BOLAND DESTOCK: 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 DESTOCK
Largest movements
- Tangible fixed assets -€103,442
down €103,442 (-58.0%), from €178,234 to €74,792
of which Land and buildings: -€102,740
- Receivables within one year +€31,140
up €31,140 (+838%), from €3,717 to €34,857
of which Other amounts receivable: +€34,392
- Stocks and contracts -€24,280
down €24,280 (-56.3%), from €43,130 to €18,850
- Financial fixed assets -€3,799
down €3,799 (-83.5%), from €4,549 to €750
- Deferred charges and accrued income -€2,897
no longer reported in 2025 (was €2,897)
- Debts after one year -€93,402
down €93,402 (-58.9%), from €158,578 to €65,175
of which Financial debts: -€68,402
- Trade debts +€10,363
up €10,363 (+95.3%), from €10,870 to €21,233
- Current portion of long-term debt -€10,053
down €10,053 (-76.7%), from €13,110 to €3,056
- Profit (loss) carried forward -€7,361
down €7,361, from €7 to -€7,354
- Other debts +€3,580
up €3,580 (+39.6%), from €9,032 to €12,611
- Gross operating margin -€11,385
down €11,385 (-49.1%), from €23,207 to €11,822
- Depreciation -€4,922
down €4,922 (-47.9%), from €10,279 to €5,357
- Other operating charges +€4,575
up €4,575 (+115%), from €3,978 to €8,553
- Financial charges -€1,193
down €1,193 (-18.4%), from €6,495 to €5,302
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 | €235,335 | €134,614 | -€100,720 | -42.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €182,783 | €75,542 | -€107,241 | -58.7% |
| Tangible fixed assets | 22/27 | €178,234 | €74,792 | -€103,442 | -58.0% |
| Land and buildings | 22 | €176,975 | €74,235 | -€102,740 | -58.1% |
| Furniture and vehicles | 24 | €122 | €0 | -€122 | -100% |
| Other tangible fixed assets | 26 | €1,137 | €557 | -€580 | -51.0% |
| Financial fixed assets | 28 | €4,549 | €750 | -€3,799 | -83.5% |
| Current assets | 29/58 | €52,552 | €59,073 | +€6,521 | +12.4% |
| Stocks and contracts in progress | 3 | €43,130 | €18,850 | -€24,280 | -56.3% |
| Stocks | 30/36 | €43,130 | €18,850 | -€24,280 | -56.3% |
| Amounts receivable within one year | 40/41 | €3,717 | €34,857 | +€31,140 | +838% |
| Trade receivables | 40 | €3,452 | €200 | -€3,252 | -94.2% |
| Other amounts receivable | 41 | €265 | €34,657 | +€34,392 | +12,978% |
| Cash at bank and in hand | 54/58 | €2,808 | €5,365 | +€2,558 | +91.1% |
| Deferred charges and accrued income | 490/1 | €2,897 | - | -€2,897 | |
| Total equity and liabilities | 10/49 | €235,335 | €134,614 | -€100,720 | -42.8% |
| Equity | 10/15 | €16,607 | €9,246 | -€7,361 | -44.3% |
| Contributions | 10/11 | €16,600 | €16,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7 | -€7,354 | -€7,361 | |
| Amounts payable | 17/49 | €218,728 | €125,368 | -€93,359 | -42.7% |
| Amounts payable after more than one year | 17 | €158,578 | €65,175 | -€93,402 | -58.9% |
| Financial debts | 170/4 | €133,578 | €65,175 | -€68,402 | -51.2% |
| Other amounts payable | 178/9 | €25,000 | - | -€25,000 | |
| Amounts payable within one year | 42/48 | €57,949 | €60,010 | +€2,061 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €13,110 | €3,056 | -€10,053 | -76.7% |
| Financial debts | 43 | €19,000 | €19,317 | +€317 | +1.7% |
| Credit institutions | 430/8 | €19,000 | €19,317 | +€317 | +1.7% |
| Trade debts | 44 | €10,870 | €21,233 | +€10,363 | +95.3% |
| Suppliers | 440/4 | €10,870 | €21,233 | +€10,363 | +95.3% |
| Taxes, remuneration and social security | 45 | €5,938 | €3,793 | -€2,145 | -36.1% |
| Taxes | 450/3 | €5,938 | €3,793 | -€2,145 | -36.1% |
| Other amounts payable | 47/48 | €9,032 | €12,611 | +€3,580 | +39.6% |
| Accrued charges and deferred income | 492/3 | €2,201 | €183 | -€2,018 | -91.7% |
| Non-recurring operating income | 76A | - | €34,354 | +€34,354 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,279 | €5,357 | -€4,922 | -47.9% |
| Other operating charges | 640/8 | €3,978 | €8,553 | +€4,575 | +115% |
| Gross operating margin | 9900 | €23,207 | €11,822 | -€11,385 | -49.1% |
| Operating profit (loss) | 9901 | €8,951 | -€2,088 | -€11,038 | |
| Financial income | 75/76B | €0 | €29 | +€29 | +20,479% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +20,479% |
| Financial charges | 65/66B | €6,495 | €5,302 | -€1,193 | -18.4% |
| Recurring financial charges | 65 | €6,495 | €5,302 | -€1,193 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €2,456 | -€7,361 | -€9,817 | |
| Profit (loss) for the period | 9904 | €2,456 | -€7,361 | -€9,817 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,456 | -€7,361 | -€9,817 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.