Bollero: 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.
Bollero
Largest movements
- Receivables within one year +€12,001
up €12,001 (+300%), from €4,005 to €16,006
of which Other amounts receivable: +€8,990
- Tangible fixed assets -€3,183
down €3,183 (-12.0%), from €26,522 to €23,339
of which Furniture and vehicles: -€2,937
- Cash -€1,261
down €1,261 (-57.3%), from €2,201 to €940
mainly Receivables within one year (-€12,001) and Debts after one year (-€5,642)
- Stocks and contracts +€1,250
up €1,250 (+50.0%), from €2,500 to €3,750
- Trade debts +€9,102
up €9,102 (+244%), from €3,723 to €12,825
- Debts after one year -€5,642
down €5,642 (-42.9%), from €13,164 to €7,522
- Reserves +€4,778
up €4,778 (+5,029%), from €95 to €4,873
- Other debts +€2,368
up €2,368 (+30.3%), from €7,805 to €10,173
- Tax, wage and social debts -€1,799
no longer reported in 2025 (was €1,799)
- Gross operating margin -€82,034
down €82,034 (-80.5%), from €101,898 to €19,864
- Staff costs -€77,100
down €77,100 (-96.3%), from €80,026 to €2,926
- Financial charges -€5,901
down €5,901 (-89.4%), from €6,601 to €700
- Depreciation -€3,571
down €3,571 (-28.8%), from €12,393 to €8,822
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.
Derived cash bridge
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 | €35,228 | €44,035 | +€8,807 | +25.0% |
| Fixed assets | 21/28 | €26,522 | €23,339 | -€3,183 | -12.0% |
| Tangible fixed assets | 22/27 | €26,522 | €23,339 | -€3,183 | -12.0% |
| Plant, machinery and equipment | 23 | €942 | €696 | -€246 | -26.1% |
| Furniture and vehicles | 24 | €25,580 | €22,643 | -€2,937 | -11.5% |
| Current assets | 29/58 | €8,706 | €20,696 | +€11,990 | +138% |
| Stocks and contracts in progress | 3 | €2,500 | €3,750 | +€1,250 | +50.0% |
| Stocks | 30/36 | €2,500 | €3,750 | +€1,250 | +50.0% |
| Amounts receivable within one year | 40/41 | €4,005 | €16,006 | +€12,001 | +300% |
| Trade receivables | 40 | €1,559 | €4,570 | +€3,011 | +193% |
| Other amounts receivable | 41 | €2,446 | €11,436 | +€8,990 | +368% |
| Cash at bank and in hand | 54/58 | €2,201 | €940 | -€1,261 | -57.3% |
| Total equity and liabilities | 10/49 | €35,228 | €44,035 | +€8,807 | +25.0% |
| Equity | 10/15 | €3,095 | €7,873 | +€4,778 | +154% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €95 | €4,873 | +€4,778 | +5,029% |
| Distributable reserves | 133 | €95 | €4,873 | +€4,778 | +5,029% |
| Amounts payable | 17/49 | €32,133 | €36,162 | +€4,029 | +12.5% |
| Amounts payable after more than one year | 17 | €13,164 | €7,522 | -€5,642 | -42.9% |
| Financial debts | 170/4 | €13,164 | €7,522 | -€5,642 | -42.9% |
| Amounts payable within one year | 42/48 | €18,969 | €28,640 | +€9,671 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | €5,642 | €5,642 | = | 0.0% |
| Trade debts | 44 | €3,723 | €12,825 | +€9,102 | +244% |
| Suppliers | 440/4 | €3,723 | €12,825 | +€9,102 | +244% |
| Taxes, remuneration and social security | 45 | €1,799 | - | -€1,799 | |
| Remuneration and social security | 454/9 | €1,799 | - | -€1,799 | |
| Other amounts payable | 47/48 | €7,805 | €10,173 | +€2,368 | +30.3% |
| Remuneration, social security and pensions | 62 | €80,026 | €2,926 | -€77,100 | -96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,393 | €8,822 | -€3,571 | -28.8% |
| Other operating charges | 640/8 | €2,783 | €2,640 | -€143 | -5.1% |
| Gross operating margin | 9900 | €101,898 | €19,864 | -€82,034 | -80.5% |
| Operating profit (loss) | 9901 | €6,696 | €5,476 | -€1,220 | -18.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,601 | €700 | -€5,901 | -89.4% |
| Recurring financial charges | 65 | €6,601 | €700 | -€5,901 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | €95 | €4,777 | +€4,682 | +4,928% |
| Profit (loss) for the period | 9904 | €95 | €4,777 | +€4,682 | +4,928% |
| Profit (loss) for the period to be appropriated | 9905 | €95 | €4,777 | +€4,682 | +4,928% |
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 13 October 2026 via checked.be.