BOLIE: 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.
BOLIE
Largest movements
- Cash -€178,214
down €178,214 (-37.4%), from €476,129 to €297,915
mainly Contributions, distributions and other (-€1.3m) and Receivables within one year (-€148,503)
- Receivables within one year +€148,503
up €148,503 (+103%), from €144,487 to €292,991
of which Other amounts receivable: +€183,879
- Intangible fixed assets -€29,500
down €29,500 (-33.3%), from €88,500 to €59,000
- Tangible fixed assets -€13,799
down €13,799 (-6.7%), from €206,573 to €192,774
of which Furniture and vehicles: -€10,726
- Reserves -€680,447
down €680,447 (-99.7%), from €682,307 to €1,860
of which Distributable reserves: -€680,447
- Other debts +€622,627
up €622,627 (+539%), from €115,424 to €738,051
- Debts after one year -€20,943
down €20,943 (-40.2%), from €52,060 to €31,116
- Gross operating margin -€37,780
down €37,780 (-3.9%), from €969,191 to €931,411
- Taxes -€12,072
down €12,072 (-5.4%), from €223,539 to €211,466
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 | €915,689 | €842,679 | -€73,009 | -8.0% |
| Fixed assets | 21/28 | €295,073 | €251,774 | -€43,299 | -14.7% |
| Intangible fixed assets | 21 | €88,500 | €59,000 | -€29,500 | -33.3% |
| Tangible fixed assets | 22/27 | €206,573 | €192,774 | -€13,799 | -6.7% |
| Plant, machinery and equipment | 23 | €5,425 | €4,760 | -€665 | -12.2% |
| Furniture and vehicles | 24 | €85,661 | €74,935 | -€10,726 | -12.5% |
| Other tangible fixed assets | 26 | €115,487 | €113,079 | -€2,408 | -2.1% |
| Current assets | 29/58 | €620,616 | €590,905 | -€29,711 | -4.8% |
| Amounts receivable within one year | 40/41 | €144,487 | €292,991 | +€148,503 | +103% |
| Trade receivables | 40 | €129,018 | €93,642 | -€35,376 | -27.4% |
| Other amounts receivable | 41 | €15,470 | €199,349 | +€183,879 | +1,189% |
| Cash at bank and in hand | 54/58 | €476,129 | €297,915 | -€178,214 | -37.4% |
| Total equity and liabilities | 10/49 | €915,689 | €842,679 | -€73,009 | -8.0% |
| Equity | 10/15 | €700,907 | €20,460 | -€680,447 | -97.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €682,307 | €1,860 | -€680,447 | -99.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €680,447 | €0 | -€680,447 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,782 | €822,219 | +€607,437 | +283% |
| Amounts payable after more than one year | 17 | €52,060 | €31,116 | -€20,943 | -40.2% |
| Financial debts | 170/4 | €52,060 | €31,116 | -€20,943 | -40.2% |
| Amounts payable within one year | 42/48 | €162,480 | €790,927 | +€628,447 | +387% |
| Current portion of amounts payable after more than one year | 42 | €21,778 | €22,652 | +€874 | +4.0% |
| Trade debts | 44 | €145 | €4,793 | +€4,649 | +3,212% |
| Suppliers | 440/4 | €145 | €4,793 | +€4,649 | +3,212% |
| Taxes, remuneration and social security | 45 | €25,133 | €25,431 | +€298 | +1.2% |
| Taxes | 450/3 | €25,133 | €25,431 | +€298 | +1.2% |
| Other amounts payable | 47/48 | €115,424 | €738,051 | +€622,627 | +539% |
| Accrued charges and deferred income | 492/3 | €242 | €177 | -€66 | -27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,279 | €62,514 | +€4,235 | +7.3% |
| Other operating charges | 640/8 | €2,756 | €3,686 | +€930 | +33.8% |
| Non-recurring operating charges | 66A | €1 | €857 | +€857 | +142,778% |
| Gross operating margin | 9900 | €969,191 | €931,411 | -€37,780 | -3.9% |
| Operating profit (loss) | 9901 | €908,157 | €864,354 | -€43,802 | -4.8% |
| Financial income | 75/76B | €8,131 | €3,773 | -€4,359 | -53.6% |
| Recurring financial income | 75 | €8,131 | €3,773 | -€4,359 | -53.6% |
| Financial charges | 65/66B | €12,668 | €13,880 | +€1,213 | +9.6% |
| Recurring financial charges | 65 | €12,668 | €13,880 | +€1,213 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €903,620 | €854,247 | -€49,374 | -5.5% |
| Income taxes | 67/77 | €223,539 | €211,466 | -€12,072 | -5.4% |
| Profit (loss) for the period | 9904 | €680,082 | €642,780 | -€37,302 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €680,082 | €642,780 | -€37,302 | -5.5% |
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.