BOLDERBOS: 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.
BOLDERBOS
Largest movements
- Tangible fixed assets -€8,081
down €8,081 (-34.6%), from €23,365 to €15,284
of which Furniture and vehicles: -€7,849
- Receivables within one year +€8,071
up €8,071 (+47.7%), from €16,928 to €24,999
of which Trade receivables: +€7,603
- Deferred charges and accrued income +€1,178
up €1,178 (+159.9%), from €737 to €1,914
- Reserves -€29,671
down €29,671 (-53.7%), from €55,294 to €25,623
- Other debts +€26,587
up €26,587 (+105.5%), from €25,192 to €51,780
- Tax, wage and social debts +€14,857
up €14,857 (+139.3%), from €10,668 to €25,525
of which Taxes: +€16,132
- Current portion of long-term debt -€11,432
down €11,432 (-100.0%), from €11,432 to €0
- Gross operating margin -€6,104
down €6,104 (-13.2%), from €46,130 to €40,026
- Staff costs -€2,895
down €2,895 (-100.0%), from €2,895 to €0
- Depreciation -€2,067
down €2,067 (-20.1%), from €10,298 to €8,231
- Taxes +€1,351
up €1,351 (+15.3%), from €8,807 to €10,158
- Other operating charges -€827
down €827 (-45.7%), from €1,812 to €985
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 | €107,851 | €108,878 | +€1,027 | +1.0% |
| Fixed assets | 21/28 | €24,134 | €16,163 | -€7,971 | -33.0% |
| Intangible fixed assets | 21 | €769 | €619 | -€150 | -19.5% |
| Tangible fixed assets | 22/27 | €23,365 | €15,284 | -€8,081 | -34.6% |
| Furniture and vehicles | 24 | €23,133 | €15,284 | -€7,849 | -33.9% |
| Other tangible fixed assets | 26 | €232 | €0 | -€232 | -100.0% |
| Financial fixed assets | 28 | - | €260 | +€260 | |
| Current assets | 29/58 | €83,717 | €92,715 | +€8,998 | +10.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €16,928 | €24,999 | +€8,071 | +47.7% |
| Trade receivables | 40 | €16,885 | €24,487 | +€7,603 | +45.0% |
| Other amounts receivable | 41 | €44 | €512 | +€468 | +1068.7% |
| Cash at bank and in hand | 54/58 | €66,052 | €65,802 | -€251 | -0.4% |
| Deferred charges and accrued income | 490/1 | €737 | €1,914 | +€1,178 | +159.9% |
| Total equity and liabilities | 10/49 | €107,851 | €108,878 | +€1,027 | +1.0% |
| Equity | 10/15 | €57,794 | €28,123 | -€29,671 | -51.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €55,294 | €25,623 | -€29,671 | -53.7% |
| Distributable reserves | 133 | €55,294 | €25,623 | -€29,671 | -53.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,057 | €80,755 | +€30,698 | +61.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €50,057 | €80,755 | +€30,698 | +61.3% |
| Current portion of amounts payable after more than one year | 42 | €11,432 | €0 | -€11,432 | -100.0% |
| Financial debts | 43 | €21 | €10 | -€11 | -52.4% |
| Credit institutions | 430/8 | €21 | €10 | -€11 | -52.4% |
| Trade debts | 44 | €2,743 | €3,440 | +€697 | +25.4% |
| Suppliers | 440/4 | €2,743 | €3,440 | +€697 | +25.4% |
| Taxes, remuneration and social security | 45 | €10,668 | €25,525 | +€14,857 | +139.3% |
| Taxes | 450/3 | €9,393 | €25,525 | +€16,132 | +171.7% |
| Remuneration and social security | 454/9 | €1,275 | €0 | -€1,275 | -100.0% |
| Other amounts payable | 47/48 | €25,192 | €51,780 | +€26,587 | +105.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,200 | +€1,200 | |
| Remuneration, social security and pensions | 62 | €2,895 | €0 | -€2,895 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,298 | €8,231 | -€2,067 | -20.1% |
| Other operating charges | 640/8 | €1,812 | €985 | -€827 | -45.7% |
| Gross operating margin | 9900 | €46,130 | €40,026 | -€6,104 | -13.2% |
| Operating profit (loss) | 9901 | €31,125 | €30,811 | -€314 | -1.0% |
| Financial income | 75/76B | €41 | €188 | +€147 | +355.6% |
| Recurring financial income | 75 | €41 | €188 | +€147 | +355.6% |
| Financial charges | 65/66B | €880 | €416 | -€464 | -52.7% |
| Recurring financial charges | 65 | €880 | €416 | -€464 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €30,286 | €30,583 | +€297 | +1.0% |
| Income taxes | 67/77 | €8,807 | €10,158 | +€1,351 | +15.3% |
| Profit (loss) for the period | 9904 | €21,479 | €20,425 | -€1,054 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,479 | €20,425 | -€1,054 | -4.9% |
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 7 October 2026 via checked.be.