BOLIGNA: 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.
BOLIGNA
Largest movements
- Cash +€73,488
up €73,488 (+16.0%), from €458,645 to €532,133
mainly Depreciation (+€73,522) and Receivables within one year (+€27,098)
- Tangible fixed assets -€47,397
down €47,397 (-9.5%), from €501,094 to €453,697
of which Land and buildings: -€60,998
- Receivables within one year -€27,098
down €27,098 (-57.4%), from €47,206 to €20,108
of which Other amounts receivable: -€23,636
- Stocks and contracts -€24,841
down €24,841 (-4.4%), from €558,406 to €533,565
- Debts after one year -€60,000
down €60,000 (-13.3%), from €449,977 to €389,977
- Advances received +€26,384
up €26,384 (+77.2%), from €34,185 to €60,570
- Trade debts -€26,148
down €26,148 (-30.9%), from €84,605 to €58,457
- Reserves +€20,000
up €20,000 (+2.2%), from €900,658 to €920,658
of which Distributable reserves: +€20,000
- Tax, wage and social debts +€16,146
up €16,146 (+23.9%), from €67,662 to €83,808
of which Remuneration and social security: +€8,746
- Gross operating margin +€90,358
up €90,358 (+29.7%), from €304,588 to €394,947
- Staff costs +€47,174
up €47,174 (+21.4%), from €220,692 to €267,866
- Taxes +€13,105
up €13,105 (+976.8%), from €1,342 to €14,446
- Depreciation +€9,172
up €9,172 (+14.3%), from €64,350 to €73,522
- Financial income +€7,407
up €7,407 (+34.7%), from €21,318 to €28,725
of which Financial income: +€5,755
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 | €1,575,142 | €1,547,141 | -€28,001 | -1.8% |
| Fixed assets | 21/28 | €501,094 | €460,567 | -€40,527 | -8.1% |
| Intangible fixed assets | 21 | - | €6,870 | +€6,870 | |
| Tangible fixed assets | 22/27 | €501,094 | €453,697 | -€47,397 | -9.5% |
| Land and buildings | 22 | €484,739 | €423,741 | -€60,998 | -12.6% |
| Furniture and vehicles | 24 | €16,355 | €29,956 | +€13,601 | +83.2% |
| Current assets | 29/58 | €1,074,048 | €1,086,574 | +€12,526 | +1.2% |
| Stocks and contracts in progress | 3 | €558,406 | €533,565 | -€24,841 | -4.4% |
| Stocks | 30/36 | €558,406 | €533,565 | -€24,841 | -4.4% |
| Amounts receivable within one year | 40/41 | €47,206 | €20,108 | -€27,098 | -57.4% |
| Trade receivables | 40 | €12,206 | €8,744 | -€3,462 | -28.4% |
| Other amounts receivable | 41 | €35,000 | €11,364 | -€23,636 | -67.5% |
| Cash at bank and in hand | 54/58 | €458,645 | €532,133 | +€73,488 | +16.0% |
| Deferred charges and accrued income | 490/1 | €9,791 | €769 | -€9,022 | -92.1% |
| Total equity and liabilities | 10/49 | €1,575,142 | €1,547,141 | -€28,001 | -1.8% |
| Equity | 10/15 | €914,124 | €936,244 | +€22,120 | +2.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €900,658 | €920,658 | +€20,000 | +2.2% |
| Non-distributable reserves | 130/1 | €30,100 | €30,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30,100 | €30,100 | = | 0.0% |
| Distributable reserves | 133 | €870,558 | €890,558 | +€20,000 | +2.3% |
| Profit (loss) carried forward | 14 | -€11,534 | -€9,413 | +€2,120 | +18.4% |
| Amounts payable | 17/49 | €661,018 | €610,897 | -€50,121 | -7.6% |
| Amounts payable after more than one year | 17 | €449,977 | €389,977 | -€60,000 | -13.3% |
| Financial debts | 170/4 | €449,977 | €389,977 | -€60,000 | -13.3% |
| Amounts payable within one year | 42/48 | €190,041 | €202,835 | +€12,794 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €3,589 | - | -€3,589 | |
| Trade debts | 44 | €84,605 | €58,457 | -€26,148 | -30.9% |
| Suppliers | 440/4 | €84,605 | €58,457 | -€26,148 | -30.9% |
| Advances received on contracts in progress | 46 | €34,185 | €60,570 | +€26,384 | +77.2% |
| Taxes, remuneration and social security | 45 | €67,662 | €83,808 | +€16,146 | +23.9% |
| Taxes | 450/3 | €32,423 | €39,823 | +€7,400 | +22.8% |
| Remuneration and social security | 454/9 | €35,239 | €43,986 | +€8,746 | +24.8% |
| Accrued charges and deferred income | 492/3 | €21,000 | €18,085 | -€2,915 | -13.9% |
| Remuneration, social security and pensions | 62 | €220,692 | €267,866 | +€47,174 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,350 | €73,522 | +€9,172 | +14.3% |
| Other operating charges | 640/8 | €12,042 | €12,388 | +€346 | +2.9% |
| Gross operating margin | 9900 | €304,588 | €394,947 | +€90,358 | +29.7% |
| Operating profit (loss) | 9901 | €7,504 | €41,170 | +€33,666 | +448.6% |
| Financial income | 75/76B | €21,318 | €28,725 | +€7,407 | +34.7% |
| Recurring financial income | 75 | €21,318 | €27,072 | +€5,755 | +27.0% |
| Non-recurring financial income | 76B | - | €1,653 | +€1,653 | |
| Financial charges | 65/66B | €39,014 | €33,329 | -€5,686 | -14.6% |
| Recurring financial charges | 65 | €39,014 | €33,329 | -€5,686 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,192 | €36,567 | +€46,759 | |
| Income taxes | 67/77 | €1,342 | €14,446 | +€13,105 | +976.8% |
| Profit (loss) for the period | 9904 | -€11,534 | €22,120 | +€33,654 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,534 | €22,120 | +€33,654 |
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 9 October 2026 via checked.be.