Boldrini Consulting: 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.
Boldrini Consulting
Largest movements
- Cash -€4,763
down €4,763 (-85.6%), from €5,565 to €802
mainly Net result for the year (-€12,485)
- Receivables within one year -€3,067
down €3,067 (-57.9%), from €5,297 to €2,230
of which Trade receivables: -€2,851
- Tangible fixed assets -€781
down €781 (-38.7%), from €2,018 to €1,237
- Profit (loss) carried forward -€12,485
down €12,485 (-54.0%), from -€23,123 to -€35,608
- Other debts +€3,278
up €3,278 (+17.3%), from €19,002 to €22,280
- Trade debts +€596
up €596 (+62.2%), from €958 to €1,554
- Gross operating margin +€12,391
up €12,391 (+56.9%), from -€21,765 to -€9,374
- Financial charges +€1,675
up €1,675 (+6,442%), from €26 to €1,701
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 | €12,880 | €4,269 | -€8,611 | -66.9% |
| Fixed assets | 21/28 | €2,018 | €1,237 | -€781 | -38.7% |
| Tangible fixed assets | 22/27 | €2,018 | €1,237 | -€781 | -38.7% |
| Plant, machinery and equipment | 23 | €2,018 | €1,237 | -€781 | -38.7% |
| Current assets | 29/58 | €10,862 | €3,032 | -€7,830 | -72.1% |
| Amounts receivable within one year | 40/41 | €5,297 | €2,230 | -€3,067 | -57.9% |
| Trade receivables | 40 | €4,981 | €2,130 | -€2,851 | -57.2% |
| Other amounts receivable | 41 | €316 | €100 | -€216 | -68.4% |
| Cash at bank and in hand | 54/58 | €5,565 | €802 | -€4,763 | -85.6% |
| Total equity and liabilities | 10/49 | €12,880 | €4,269 | -€8,611 | -66.9% |
| Equity | 10/15 | -€7,080 | -€19,565 | -€12,485 | -176% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,043 | €13,043 | = | 0.0% |
| Distributable reserves | 133 | €13,043 | €13,043 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,123 | -€35,608 | -€12,485 | -54.0% |
| Amounts payable | 17/49 | €19,960 | €23,834 | +€3,874 | +19.4% |
| Amounts payable within one year | 42/48 | €19,960 | €23,834 | +€3,874 | +19.4% |
| Trade debts | 44 | €958 | €1,554 | +€596 | +62.2% |
| Suppliers | 440/4 | €958 | €1,554 | +€596 | +62.2% |
| Other amounts payable | 47/48 | €19,002 | €22,280 | +€3,278 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €781 | €781 | = | 0.0% |
| Other operating charges | 640/8 | €590 | €672 | +€82 | +13.9% |
| Gross operating margin | 9900 | -€21,765 | -€9,374 | +€12,391 | +56.9% |
| Operating profit (loss) | 9901 | -€23,136 | -€10,827 | +€12,309 | +53.2% |
| Financial income | 75/76B | - | €43 | +€43 | |
| Recurring financial income | 75 | - | €43 | +€43 | |
| Financial charges | 65/66B | €26 | €1,701 | +€1,675 | +6,442% |
| Recurring financial charges | 65 | €26 | €1,701 | +€1,675 | +6,442% |
| Profit (loss) for the period before taxes | 9903 | -€23,162 | -€12,485 | +€10,677 | +46.1% |
| Income taxes | 67/77 | -€39 | - | +€39 | |
| Profit (loss) for the period | 9904 | -€23,123 | -€12,485 | +€10,638 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,123 | -€12,485 | +€10,638 | +46.0% |
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 28 October 2026 via checked.be.