Bollen PJ: 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.
Bollen PJ
Largest movements
- Tangible fixed assets +€17,465
up €17,465 (+76.8%), from €22,736 to €40,201
of which Leasing and similar rights: +€18,469
- Cash +€10,496
up €10,496 (+58.6%), from €17,896 to €28,392
mainly Other debts (+€15,947) and Depreciation (+€12,286)
- Receivables within one year +€5,859
up €5,859 (+263.2%), from €2,226 to €8,084
of which Trade receivables: +€5,238
- Other debts +€15,947
up €15,947 (+3139.7%), from €508 to €16,455
- Debts after one year +€12,213
up €12,213 (+73.4%), from €16,646 to €28,859
- Current portion of long-term debt +€4,330
up €4,330 (+75.7%), from €5,720 to €10,050
- Tax, wage and social debts +€2,998
up €2,998 (+75.3%), from €3,980 to €6,978
of which Taxes: +€2,998
- Trade debts -€2,545
down €2,545 (-66.1%), from €3,852 to €1,308
- Gross operating margin +€11,135
up €11,135 (+131.8%), from €8,449 to €19,585
- Depreciation +€3,851
up €3,851 (+45.7%), from €8,435 to €12,286
- Taxes +€2,622
new in 2025: €2,622
- Other operating charges +€947
up €947 (+251.4%), from €377 to €1,324
- Financial charges +€530
up €530 (+27.2%), from €1,953 to €2,483
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 | €42,858 | €76,677 | +€33,820 | +78.9% |
| Fixed assets | 21/28 | €22,736 | €40,201 | +€17,465 | +76.8% |
| Tangible fixed assets | 22/27 | €22,736 | €40,201 | +€17,465 | +76.8% |
| Plant, machinery and equipment | 23 | €2,571 | €1,568 | -€1,003 | -39.0% |
| Leasing and similar rights | 25 | €20,164 | €38,633 | +€18,469 | +91.6% |
| Current assets | 29/58 | €20,122 | €36,476 | +€16,354 | +81.3% |
| Amounts receivable within one year | 40/41 | €2,226 | €8,084 | +€5,859 | +263.2% |
| Trade receivables | 40 | €1,350 | €6,588 | +€5,238 | +388.0% |
| Other amounts receivable | 41 | €876 | €1,497 | +€621 | +70.9% |
| Cash at bank and in hand | 54/58 | €17,896 | €28,392 | +€10,496 | +58.6% |
| Total equity and liabilities | 10/49 | €42,858 | €76,677 | +€33,820 | +78.9% |
| Equity | 10/15 | €12,151 | €13,027 | +€876 | +7.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,454 | €15,454 | = | 0.0% |
| Distributable reserves | 133 | €15,454 | €15,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,802 | -€4,927 | +€876 | +15.1% |
| Amounts payable | 17/49 | €30,707 | €63,650 | +€32,944 | +107.3% |
| Amounts payable after more than one year | 17 | €16,646 | €28,859 | +€12,213 | +73.4% |
| Financial debts | 170/4 | €16,646 | €28,859 | +€12,213 | +73.4% |
| Amounts payable within one year | 42/48 | €14,061 | €34,791 | +€20,730 | +147.4% |
| Current portion of amounts payable after more than one year | 42 | €5,720 | €10,050 | +€4,330 | +75.7% |
| Trade debts | 44 | €3,852 | €1,308 | -€2,545 | -66.1% |
| Suppliers | 440/4 | €3,852 | €1,308 | -€2,545 | -66.1% |
| Taxes, remuneration and social security | 45 | €3,980 | €6,978 | +€2,998 | +75.3% |
| Taxes | 450/3 | €1,980 | €4,978 | +€2,998 | +151.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €508 | €16,455 | +€15,947 | +3139.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,435 | €12,286 | +€3,851 | +45.7% |
| Other operating charges | 640/8 | €377 | €1,324 | +€947 | +251.4% |
| Gross operating margin | 9900 | €8,449 | €19,585 | +€11,135 | +131.8% |
| Operating profit (loss) | 9901 | -€363 | €5,975 | +€6,337 | |
| Financial income | 75/76B | €7 | €6 | -€1 | -10.0% |
| Recurring financial income | 75 | €7 | €6 | -€1 | -10.0% |
| Financial charges | 65/66B | €1,953 | €2,483 | +€530 | +27.2% |
| Recurring financial charges | 65 | €1,953 | €2,483 | +€530 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,308 | €3,498 | +€5,806 | |
| Income taxes | 67/77 | - | €2,622 | +€2,622 | |
| Profit (loss) for the period | 9904 | -€2,308 | €876 | +€3,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,308 | €876 | +€3,184 |
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.