BOLLEN JAN: 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 JAN
Largest movements
- Cash +€144,841
up €144,841 (+31.6%), from €459,028 to €603,869
mainly Net result for the year (+€82,565) and Current investments (+€45,981)
- Current investments -€45,981
down €45,981 (-22.2%), from €207,025 to €161,044
- Reserves +€82,565
up €82,565 (+8.5%), from €976,951 to €1.1m
- Gross operating margin +€6,252
up €6,252 (+4.9%), from €126,690 to €132,942
- Financial income +€5,141
up €5,141 (+68.4%), from €7,521 to €12,662
of which Financial income: +€5,023
- Taxes +€3,369
up €3,369 (+13.0%), from €25,956 to €29,325
- Financial charges -€1,588
down €1,588 (-7.0%), from €22,817 to €21,229
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 | €1,316,840 | €1,411,355 | +€94,515 | +7.2% |
| Fixed assets | 21/28 | €598,410 | €592,008 | -€6,401 | -1.1% |
| Tangible fixed assets | 22/27 | €598,410 | €592,008 | -€6,401 | -1.1% |
| Land and buildings | 22 | €572,775 | €572,430 | -€345 | -0.1% |
| Plant, machinery and equipment | 23 | €3,458 | €1,878 | -€1,579 | -45.7% |
| Furniture and vehicles | 24 | €22,177 | €17,700 | -€4,477 | -20.2% |
| Current assets | 29/58 | €718,430 | €819,347 | +€100,917 | +14.0% |
| Amounts receivable within one year | 40/41 | €52,377 | €54,434 | +€2,057 | +3.9% |
| Trade receivables | 40 | €50,094 | €54,432 | +€4,337 | +8.7% |
| Other amounts receivable | 41 | €2,283 | €2 | -€2,281 | -99.9% |
| Current investments | 50/53 | €207,025 | €161,044 | -€45,981 | -22.2% |
| Cash at bank and in hand | 54/58 | €459,028 | €603,869 | +€144,841 | +31.6% |
| Total equity and liabilities | 10/49 | €1,316,840 | €1,411,355 | +€94,515 | +7.2% |
| Equity | 10/15 | €989,351 | €1,071,915 | +€82,565 | +8.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €976,951 | €1,059,515 | +€82,565 | +8.5% |
| Distributable reserves | 133 | €976,951 | €1,059,515 | +€82,565 | +8.5% |
| Amounts payable | 17/49 | €327,489 | €339,440 | +€11,951 | +3.6% |
| Amounts payable within one year | 42/48 | €320,690 | €329,297 | +€8,607 | +2.7% |
| Trade debts | 44 | €1,212 | €3,352 | +€2,139 | +176.5% |
| Suppliers | 440/4 | €1,212 | €3,352 | +€2,139 | +176.5% |
| Taxes, remuneration and social security | 45 | €25,329 | €19,387 | -€5,942 | -23.5% |
| Taxes | 450/3 | €25,329 | €19,387 | -€5,942 | -23.5% |
| Other amounts payable | 47/48 | €294,148 | €306,558 | +€12,410 | +4.2% |
| Accrued charges and deferred income | 492/3 | €6,799 | €10,143 | +€3,344 | +49.2% |
| Non-recurring operating income | 76A | - | €8,769 | +€8,769 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,113 | €11,611 | -€502 | -4.1% |
| Other operating charges | 640/8 | €2,007 | €873 | -€1,134 | -56.5% |
| Gross operating margin | 9900 | €126,690 | €132,942 | +€6,252 | +4.9% |
| Operating profit (loss) | 9901 | €112,569 | €120,457 | +€7,888 | +7.0% |
| Financial income | 75/76B | €7,521 | €12,662 | +€5,141 | +68.4% |
| Recurring financial income | 75 | €2,317 | €7,339 | +€5,023 | +216.8% |
| Non-recurring financial income | 76B | €5,204 | €5,323 | +€118 | +2.3% |
| Financial charges | 65/66B | €22,817 | €21,229 | -€1,588 | -7.0% |
| Recurring financial charges | 65 | €22,817 | €21,229 | -€1,588 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €97,273 | €111,890 | +€14,617 | +15.0% |
| Income taxes | 67/77 | €25,956 | €29,325 | +€3,369 | +13.0% |
| Profit (loss) for the period | 9904 | €71,317 | €82,565 | +€11,248 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,317 | €82,565 | +€11,248 | +15.8% |
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 5 October 2026 via checked.be.