BOLLAND IE: what changed
BOLLAND IE
Largest movements
- Receivables within one year +€64,272
up €64,272 (+39.5%), from €162,891 to €227,163
of which Trade receivables: +€95,315
- Tangible fixed assets -€23,774
down €23,774 (-34.4%), from €69,130 to €45,355
of which Furniture and vehicles: -€21,894
- Cash -€6,206
down €6,206 (-90.3%), from €6,871 to €665
mainly Receivables within one year (-€64,272) and Contributions, distributions and other (-€45,000)
- Deferred charges and accrued income -€5,094
no longer reported in 2025 (was €5,094)
- Stocks and contracts -€4,800
down €4,800 (-70.6%), from €6,800 to €2,000
- Trade debts +€63,857
up €63,857 (+234%), from €27,347 to €91,204
- Other debts -€21,750
down €21,750 (-34.3%), from €63,500 to €41,750
- Debts after one year -€18,663
down €18,663 (-36.5%), from €51,064 to €32,401
- Profit (loss) carried forward -€7,282
down €7,282 (-66.1%), from €11,024 to €3,743
- Short-term financial debts +€4,361
up €4,361 (+12.9%), from €33,792 to €38,152
- Staff costs +€25,754
up €25,754 (+17.0%), from €151,382 to €177,137
- Gross operating margin +€10,054
up €10,054 (+4.0%), from €248,509 to €258,563
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €250,786 | €275,183 | +€24,398 | +9.7% |
| Fixed assets | 21/28 | €69,130 | €45,355 | -€23,774 | -34.4% |
| Tangible fixed assets | 22/27 | €69,130 | €45,355 | -€23,774 | -34.4% |
| Plant, machinery and equipment | 23 | €9,802 | €7,922 | -€1,881 | -19.2% |
| Furniture and vehicles | 24 | €59,327 | €37,433 | -€21,894 | -36.9% |
| Current assets | 29/58 | €181,656 | €229,828 | +€48,172 | +26.5% |
| Stocks and contracts in progress | 3 | €6,800 | €2,000 | -€4,800 | -70.6% |
| Stocks | 30/36 | €6,800 | €2,000 | -€4,800 | -70.6% |
| Amounts receivable within one year | 40/41 | €162,891 | €227,163 | +€64,272 | +39.5% |
| Trade receivables | 40 | €79,240 | €174,554 | +€95,315 | +120% |
| Other amounts receivable | 41 | €83,651 | €52,608 | -€31,043 | -37.1% |
| Cash at bank and in hand | 54/58 | €6,871 | €665 | -€6,206 | -90.3% |
| Deferred charges and accrued income | 490/1 | €5,094 | - | -€5,094 | |
| Total equity and liabilities | 10/49 | €250,786 | €275,183 | +€24,398 | +9.7% |
| Equity | 10/15 | €17,024 | €9,743 | -€7,282 | -42.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,024 | €3,743 | -€7,282 | -66.1% |
| Amounts payable | 17/49 | €233,762 | €265,441 | +€31,679 | +13.6% |
| Amounts payable after more than one year | 17 | €51,064 | €32,401 | -€18,663 | -36.5% |
| Financial debts | 170/4 | €51,064 | €32,401 | -€18,663 | -36.5% |
| Amounts payable within one year | 42/48 | €182,310 | €233,039 | +€50,729 | +27.8% |
| Financial debts | 43 | €33,792 | €38,152 | +€4,361 | +12.9% |
| Credit institutions | 430/8 | €33,792 | €38,152 | +€4,361 | +12.9% |
| Trade debts | 44 | €27,347 | €91,204 | +€63,857 | +234% |
| Suppliers | 440/4 | €27,347 | €91,204 | +€63,857 | +234% |
| Taxes, remuneration and social security | 45 | €57,671 | €61,933 | +€4,262 | +7.4% |
| Taxes | 450/3 | €37,262 | €44,847 | +€7,585 | +20.4% |
| Remuneration and social security | 454/9 | €20,410 | €17,086 | -€3,324 | -16.3% |
| Other amounts payable | 47/48 | €63,500 | €41,750 | -€21,750 | -34.3% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Remuneration, social security and pensions | 62 | €151,382 | €177,137 | +€25,754 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,797 | €18,376 | +€1,579 | +9.4% |
| Other operating charges | 640/8 | €730 | €2,837 | +€2,107 | +288% |
| Non-recurring operating charges | 66A | €272 | - | -€272 | |
| Gross operating margin | 9900 | €248,509 | €258,563 | +€10,054 | +4.0% |
| Operating profit (loss) | 9901 | €79,327 | €60,213 | -€19,114 | -24.1% |
| Financial income | 75/76B | €3,260 | €3,036 | -€224 | -6.9% |
| Recurring financial income | 75 | €3,260 | €3,036 | -€224 | -6.9% |
| Financial charges | 65/66B | €7,169 | €8,364 | +€1,195 | +16.7% |
| Recurring financial charges | 65 | €7,169 | €8,364 | +€1,195 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €75,419 | €54,885 | -€20,534 | -27.2% |
| Income taxes | 67/77 | €17,031 | €17,166 | +€135 | +0.8% |
| Profit (loss) for the period | 9904 | €58,388 | €37,718 | -€20,669 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,388 | €37,718 | -€20,669 | -35.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.