BOLIDE: 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.
BOLIDE
Largest movements
- Stocks and contracts +€50,866
up €50,866 (+76.8%), from €66,200 to €117,066
- Receivables within one year +€37,616
up €37,616 (+56.3%), from €66,856 to €104,472
of which Trade receivables: +€44,324
- Cash -€19,875
down €19,875 (-60.7%), from €32,731 to €12,855
mainly Stocks and contracts (-€50,866) and Receivables within one year (-€37,616)
- Tangible fixed assets +€16,912
up €16,912 (+1128.0%), from €1,499 to €18,412
of which Other tangible fixed assets: +€17,332
- Short-term financial debts +€50,000
up €50,000 (+50.0%), from €100,000 to €150,000
- Trade debts +€9,288
up €9,288 (+153.0%), from €6,070 to €15,358
- Debts after one year +€7,947
up €7,947 (+19.9%), from €40,000 to €47,947
- Current portion of long-term debt +€5,670
new in 2025: €5,670
- Profit (loss) carried forward +€5,430
up €5,430 (+1174.3%), from €462 to €5,892
- Gross operating margin +€20,516
up €20,516 (+135.5%), from €15,143 to €35,659
- Financial charges +€12,122
up €12,122 (+328.8%), from €3,687 to €15,809
- Other operating charges +€4,734
up €4,734 (+249.9%), from €1,895 to €6,629
- Depreciation +€563
up €563 (+20.9%), from €2,685 to €3,248
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 | €170,507 | €256,113 | +€85,606 | +50.2% |
| Fixed assets | 21/28 | €1,899 | €18,812 | +€16,912 | +890.4% |
| Tangible fixed assets | 22/27 | €1,499 | €18,412 | +€16,912 | +1128.0% |
| Furniture and vehicles | 24 | €1,499 | €1,079 | -€420 | -28.0% |
| Other tangible fixed assets | 26 | - | €17,332 | +€17,332 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €168,608 | €237,302 | +€68,694 | +40.7% |
| Stocks and contracts in progress | 3 | €66,200 | €117,066 | +€50,866 | +76.8% |
| Stocks | 30/36 | €66,200 | €117,066 | +€50,866 | +76.8% |
| Amounts receivable within one year | 40/41 | €66,856 | €104,472 | +€37,616 | +56.3% |
| Trade receivables | 40 | €58,148 | €102,472 | +€44,324 | +76.2% |
| Other amounts receivable | 41 | €8,708 | €2,000 | -€6,708 | -77.0% |
| Cash at bank and in hand | 54/58 | €32,731 | €12,855 | -€19,875 | -60.7% |
| Deferred charges and accrued income | 490/1 | €2,821 | €2,908 | +€87 | +3.1% |
| Total equity and liabilities | 10/49 | €170,507 | €256,113 | +€85,606 | +50.2% |
| Equity | 10/15 | €12,462 | €17,892 | +€5,430 | +43.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €462 | €5,892 | +€5,430 | +1174.3% |
| Amounts payable | 17/49 | €158,045 | €238,221 | +€80,176 | +50.7% |
| Amounts payable after more than one year | 17 | €40,000 | €47,947 | +€7,947 | +19.9% |
| Financial debts | 170/4 | €40,000 | €47,947 | +€7,947 | +19.9% |
| Amounts payable within one year | 42/48 | €117,390 | €189,098 | +€71,707 | +61.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,670 | +€5,670 | |
| Financial debts | 43 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Credit institutions | 430/8 | €100,000 | €150,000 | +€50,000 | +50.0% |
| Trade debts | 44 | €6,070 | €15,358 | +€9,288 | +153.0% |
| Suppliers | 440/4 | €6,070 | €15,358 | +€9,288 | +153.0% |
| Taxes, remuneration and social security | 45 | €750 | €5,008 | +€4,258 | +567.8% |
| Taxes | 450/3 | €750 | €5,008 | +€4,258 | +567.8% |
| Other amounts payable | 47/48 | €10,570 | €13,061 | +€2,491 | +23.6% |
| Accrued charges and deferred income | 492/3 | €654 | €1,176 | +€522 | +79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,685 | €3,248 | +€563 | +20.9% |
| Other operating charges | 640/8 | €1,895 | €6,629 | +€4,734 | +249.9% |
| Gross operating margin | 9900 | €15,143 | €35,659 | +€20,516 | +135.5% |
| Operating profit (loss) | 9901 | €10,563 | €25,782 | +€15,219 | +144.1% |
| Financial income | 75/76B | €4 | €137 | +€133 | +3204.6% |
| Recurring financial income | 75 | €4 | €137 | +€133 | +3204.6% |
| Financial charges | 65/66B | €3,687 | €15,809 | +€12,122 | +328.8% |
| Recurring financial charges | 65 | €3,687 | €15,809 | +€12,122 | +328.8% |
| Profit (loss) for the period before taxes | 9903 | €6,880 | €10,110 | +€3,230 | +46.9% |
| Income taxes | 67/77 | €2,700 | €3,014 | +€314 | +11.6% |
| Profit (loss) for the period | 9904 | €4,180 | €7,096 | +€2,916 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,180 | €7,096 | +€2,916 | +69.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.