BOLDISOR TRANS: 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.
BOLDISOR TRANS
Largest movements
- Cash +€64,278
up €64,278 (+86.8%), from €74,027 to €138,305
mainly Receivables within one year (+€41,866) and Depreciation (+€30,931)
- Receivables within one year -€41,866
down €41,866 (-71.3%), from €58,721 to €16,855
- Tangible fixed assets -€30,931
down €30,931 (-46.7%), from €66,240 to €35,309
of which Furniture and vehicles: -€23,831
- Financial fixed assets +€19,000
up €19,000 (+69.1%), from €27,500 to €46,500
- Tax, wage and social debts +€26,896
up €26,896 (+28.1%), from €95,851 to €122,748
of which Remuneration and social security: +€27,365
- Other debts +€12,264
up €12,264 (+371.9%), from €3,298 to €15,562
- Debts after one year -€11,994
down €11,994 (-40.9%), from €29,317 to €17,323
- Trade debts -€11,877
down €11,877 (-53.5%), from €22,205 to €10,328
- Current portion of long-term debt -€3,562
down €3,562 (-20.4%), from €17,436 to €13,874
- Gross operating margin +€27,092
up €27,092 (+6.9%), from €391,720 to €418,812
- Staff costs +€18,337
up €18,337 (+5.3%), from €346,741 to €365,078
- Taxes +€6,220
new in 2025: €6,220
- Depreciation +€5,747
up €5,747 (+22.8%), from €25,184 to €30,931
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 | €230,942 | €242,128 | +€11,186 | +4.8% |
| Fixed assets | 21/28 | €93,740 | €81,809 | -€11,931 | -12.7% |
| Tangible fixed assets | 22/27 | €66,240 | €35,309 | -€30,931 | -46.7% |
| Furniture and vehicles | 24 | €54,996 | €31,165 | -€23,831 | -43.3% |
| Leasing and similar rights | 25 | €11,243 | €4,143 | -€7,100 | -63.1% |
| Financial fixed assets | 28 | €27,500 | €46,500 | +€19,000 | +69.1% |
| Current assets | 29/58 | €137,202 | €160,319 | +€23,117 | +16.8% |
| Amounts receivable within one year | 40/41 | €58,721 | €16,855 | -€41,866 | -71.3% |
| Trade receivables | 40 | €58,721 | €16,855 | -€41,866 | -71.3% |
| Cash at bank and in hand | 54/58 | €74,027 | €138,305 | +€64,278 | +86.8% |
| Deferred charges and accrued income | 490/1 | €4,454 | €5,159 | +€705 | +15.8% |
| Total equity and liabilities | 10/49 | €230,942 | €242,128 | +€11,186 | +4.8% |
| Equity | 10/15 | €62,835 | €62,293 | -€542 | -0.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,835 | €59,293 | -€542 | -0.9% |
| Amounts payable | 17/49 | €168,107 | €179,835 | +€11,728 | +7.0% |
| Amounts payable after more than one year | 17 | €29,317 | €17,323 | -€11,994 | -40.9% |
| Financial debts | 170/4 | €29,317 | €17,323 | -€11,994 | -40.9% |
| Amounts payable within one year | 42/48 | €138,790 | €162,512 | +€23,721 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €17,436 | €13,874 | -€3,562 | -20.4% |
| Trade debts | 44 | €22,205 | €10,328 | -€11,877 | -53.5% |
| Suppliers | 440/4 | €22,205 | €10,328 | -€11,877 | -53.5% |
| Taxes, remuneration and social security | 45 | €95,851 | €122,748 | +€26,896 | +28.1% |
| Taxes | 450/3 | €38,784 | €38,315 | -€469 | -1.2% |
| Remuneration and social security | 454/9 | €57,068 | €84,433 | +€27,365 | +48.0% |
| Other amounts payable | 47/48 | €3,298 | €15,562 | +€12,264 | +371.9% |
| Remuneration, social security and pensions | 62 | €346,741 | €365,078 | +€18,337 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,184 | €30,931 | +€5,747 | +22.8% |
| Other operating charges | 640/8 | €5,418 | €4,661 | -€757 | -14.0% |
| Gross operating margin | 9900 | €391,720 | €418,812 | +€27,092 | +6.9% |
| Operating profit (loss) | 9901 | €14,376 | €18,142 | +€3,766 | +26.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €12,433 | €12,463 | +€31 | +0.2% |
| Recurring financial charges | 65 | €12,433 | €12,463 | +€31 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €1,944 | €5,679 | +€3,735 | +192.2% |
| Income taxes | 67/77 | - | €6,220 | +€6,220 | |
| Profit (loss) for the period | 9904 | €1,944 | -€542 | -€2,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,944 | -€542 | -€2,485 |
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 10 October 2026 via checked.be.