BOLGHAD: 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.
BOLGHAD
Largest movements
- Receivables within one year +€91,391
up €91,391 (+1,719%), from €5,316 to €96,707
- Cash +€5,925
up €5,925 (+2,084%), from €284 to €6,209
mainly Net result for the year (+€99,946) and Depreciation (+€1,667)
- Tangible fixed assets +€3,333
new in 2024: €3,333
- Profit (loss) carried forward +€99,946
up €99,946, from -€16,698 to €83,248
- Gross operating margin +€95,932
up €95,932 (+3,488%), from €2,750 to €98,682
- Financial income +€2,931
new in 2024: €2,931
- Depreciation +€1,667
new in 2024: €1,667
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 | €5,600 | €106,249 | +€100,649 | +1,797% |
| Fixed assets | 21/28 | - | €3,333 | +€3,333 | |
| Tangible fixed assets | 22/27 | - | €3,333 | +€3,333 | |
| Furniture and vehicles | 24 | - | €3,333 | +€3,333 | |
| Current assets | 29/58 | €5,600 | €102,916 | +€97,315 | +1,738% |
| Amounts receivable within one year | 40/41 | €5,316 | €96,707 | +€91,391 | +1,719% |
| Other amounts receivable | 41 | €5,316 | €96,707 | +€91,391 | +1,719% |
| Cash at bank and in hand | 54/58 | €284 | €6,209 | +€5,925 | +2,084% |
| Total equity and liabilities | 10/49 | €5,600 | €106,249 | +€100,649 | +1,797% |
| Equity | 10/15 | €1,902 | €101,848 | +€99,946 | +5,254% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,698 | €83,248 | +€99,946 | |
| Amounts payable | 17/49 | €3,698 | €4,401 | +€703 | +19.0% |
| Amounts payable within one year | 42/48 | €3,698 | €4,401 | +€703 | +19.0% |
| Financial debts | 43 | €3,698 | €3,698 | = | 0.0% |
| Credit institutions | 430/8 | €3,698 | €3,698 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €703 | +€703 | |
| Taxes | 450/3 | - | €703 | +€703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,667 | +€1,667 | |
| Non-recurring operating charges | 66A | €3,553 | - | -€3,553 | |
| Gross operating margin | 9900 | €2,750 | €98,682 | +€95,932 | +3,488% |
| Operating profit (loss) | 9901 | -€803 | €97,015 | +€97,818 | |
| Financial income | 75/76B | - | €2,931 | +€2,931 | |
| Recurring financial income | 75 | - | €2,931 | +€2,931 | |
| Financial charges | 65/66B | €164 | - | -€164 | |
| Recurring financial charges | 65 | €164 | - | -€164 | |
| Profit (loss) for the period before taxes | 9903 | -€967 | €99,946 | +€100,913 | |
| Profit (loss) for the period | 9904 | -€967 | €99,946 | +€100,913 | |
| Profit (loss) for the period to be appropriated | 9905 | -€967 | €99,946 | +€100,913 |
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 15 October 2026 via checked.be.