BOLLEN: 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.
BOLLEN
Largest movements
- Receivables within one year -€12,580
down €12,580 (-46.5%), from €27,072 to €14,492
of which Trade receivables: -€11,111
- Tangible fixed assets -€7,349
down €7,349 (-21.8%), from €33,781 to €26,432
of which Furniture and vehicles: -€4,975
- Cash +€4,131
up €4,131 (+403.5%), from €1,024 to €5,154
mainly Receivables within one year (+€12,580) and Depreciation (+€7,475)
- Reserves -€8,631
down €8,631 (-22.8%), from €37,856 to €29,225
of which Tax-exempt reserves: -€8,631
- Current portion of long-term debt -€3,582
down €3,582 (-100.0%), from €3,582 to €0
- Short-term financial debts -€3,015
no longer reported in 2025 (was €3,015)
- Provisions -€2,877
down €2,877 (-100.0%), from €2,877 to €0
- Profit (loss) carried forward +€2,067
up €2,067 (+3.7%), from -€55,319 to -€53,252
- Gross operating margin -€5,692
down €5,692 (-11.5%), from €49,307 to €43,615
- Staff costs -€4,097
down €4,097 (-9.1%), from €45,038 to €40,941
- Depreciation -€3,556
down €3,556 (-32.2%), from €11,031 to €7,475
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 | €63,953 | €48,160 | -€15,793 | -24.7% |
| Fixed assets | 21/28 | €34,113 | €26,764 | -€7,349 | -21.5% |
| Tangible fixed assets | 22/27 | €33,781 | €26,432 | -€7,349 | -21.8% |
| Land and buildings | 22 | €15,080 | €14,245 | -€835 | -5.5% |
| Plant, machinery and equipment | 23 | €8,647 | €7,108 | -€1,539 | -17.8% |
| Furniture and vehicles | 24 | €10,054 | €5,079 | -€4,975 | -49.5% |
| Financial fixed assets | 28 | €332 | €332 | = | 0.0% |
| Current assets | 29/58 | €29,840 | €21,396 | -€8,444 | -28.3% |
| Stocks and contracts in progress | 3 | €965 | €607 | -€358 | -37.1% |
| Stocks | 30/36 | €965 | €607 | -€358 | -37.1% |
| Amounts receivable within one year | 40/41 | €27,072 | €14,492 | -€12,580 | -46.5% |
| Trade receivables | 40 | €20,506 | €9,395 | -€11,111 | -54.2% |
| Other amounts receivable | 41 | €6,567 | €5,097 | -€1,470 | -22.4% |
| Cash at bank and in hand | 54/58 | €1,024 | €5,154 | +€4,131 | +403.5% |
| Deferred charges and accrued income | 490/1 | €779 | €1,143 | +€363 | +46.6% |
| Total equity and liabilities | 10/49 | €63,953 | €48,160 | -€15,793 | -24.7% |
| Equity | 10/15 | €44,537 | €37,973 | -€6,564 | -14.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €37,856 | €29,225 | -€8,631 | -22.8% |
| Non-distributable reserves | 130/1 | €29,225 | €29,225 | = | 0.0% |
| Reserves not available under the articles | 1311 | €29,225 | €29,225 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,631 | €0 | -€8,631 | -100.0% |
| Profit (loss) carried forward | 14 | -€55,319 | -€53,252 | +€2,067 | +3.7% |
| Provisions and deferred taxes | 16 | €2,877 | €0 | -€2,877 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €2,877 | €0 | -€2,877 | -100.0% |
| Taxes | 161 | €2,877 | €0 | -€2,877 | -100.0% |
| Amounts payable | 17/49 | €16,539 | €10,187 | -€6,352 | -38.4% |
| Amounts payable after more than one year | 17 | €1,190 | €1,190 | = | 0.0% |
| Other amounts payable | 178/9 | €1,190 | €1,190 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,280 | €8,927 | -€6,352 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €3,582 | €0 | -€3,582 | -100.0% |
| Financial debts | 43 | €3,015 | - | -€3,015 | |
| Credit institutions | 430/8 | €3,015 | - | -€3,015 | |
| Trade debts | 44 | €822 | €660 | -€162 | -19.7% |
| Suppliers | 440/4 | €822 | €660 | -€162 | -19.7% |
| Taxes, remuneration and social security | 45 | €7,861 | €8,267 | +€406 | +5.2% |
| Taxes | 450/3 | €1,897 | €1,354 | -€543 | -28.6% |
| Remuneration and social security | 454/9 | €5,963 | €6,913 | +€949 | +15.9% |
| Accrued charges and deferred income | 492/3 | €70 | €70 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €45,038 | €40,941 | -€4,097 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,031 | €7,475 | -€3,556 | -32.2% |
| Other operating charges | 640/8 | €4,327 | €3,900 | -€427 | -9.9% |
| Gross operating margin | 9900 | €49,307 | €43,615 | -€5,692 | -11.5% |
| Operating profit (loss) | 9901 | -€11,089 | -€8,701 | +€2,388 | +21.5% |
| Financial income | 75/76B | €146 | €6 | -€140 | -96.1% |
| Recurring financial income | 75 | €146 | €6 | -€140 | -96.1% |
| Financial charges | 65/66B | €961 | €506 | -€455 | -47.3% |
| Recurring financial charges | 65 | €961 | €506 | -€455 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,904 | -€9,201 | +€2,703 | +22.7% |
| Income taxes | 67/77 | €574 | €239 | -€335 | -58.3% |
| Profit (loss) for the period | 9904 | -€12,478 | -€9,441 | +€3,037 | +24.3% |
| Transfer from tax-exempt reserves | 789 | €2,362 | €11,508 | +€9,146 | +387.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,116 | €2,067 | +€12,183 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.