BOLLINNE: 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.
BOLLINNE
Largest movements
- Tangible fixed assets -€21,444
down €21,444 (-37.8%), from €56,659 to €35,215
of which Furniture and vehicles: -€15,637
- Cash -€16,112
down €16,112 (-61.2%), from €26,340 to €10,228
mainly Debts after one year (-€18,315) and Trade debts (-€11,786)
- Stocks and contracts -€12,400
down €12,400 (-80.5%), from €15,400 to €3,000
- Receivables within one year +€10,168
up €10,168 (+43.7%), from €23,268 to €33,436
of which Trade receivables: +€11,720
- Debts after one year -€18,315
down €18,315 (-33.9%), from €54,025 to €35,710
- Trade debts -€11,786
down €11,786 (-64.5%), from €18,279 to €6,493
- Profit (loss) carried forward -€6,547
new in 2025: -€6,547
- Current portion of long-term debt -€4,568
down €4,568 (-37.9%), from €12,050 to €7,482
- Purchases and services -€129,699
down €129,699 (-34.5%), from €375,900 to €246,201
- Gross operating margin -€15,250
down €15,250 (-40.7%), from €37,511 to €22,261
- Staff costs -€2,801
down €2,801 (-66.0%), from €4,244 to €1,443
- Depreciation -€1,258
down €1,258 (-5.2%), from €24,237 to €22,979
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 | €124,180 | €83,806 | -€40,374 | -32.5% |
| Fixed assets | 21/28 | €56,659 | €35,215 | -€21,444 | -37.8% |
| Tangible fixed assets | 22/27 | €56,659 | €35,215 | -€21,444 | -37.8% |
| Plant, machinery and equipment | 23 | €22,629 | €16,822 | -€5,806 | -25.7% |
| Furniture and vehicles | 24 | €34,030 | €18,393 | -€15,637 | -46.0% |
| Current assets | 29/58 | €67,522 | €48,592 | -€18,930 | -28.0% |
| Stocks and contracts in progress | 3 | €15,400 | €3,000 | -€12,400 | -80.5% |
| Stocks | 30/36 | €15,400 | €3,000 | -€12,400 | -80.5% |
| Amounts receivable within one year | 40/41 | €23,268 | €33,436 | +€10,168 | +43.7% |
| Trade receivables | 40 | €10,908 | €22,628 | +€11,720 | +107% |
| Other amounts receivable | 41 | €12,360 | €10,808 | -€1,552 | -12.6% |
| Cash at bank and in hand | 54/58 | €26,340 | €10,228 | -€16,112 | -61.2% |
| Deferred charges and accrued income | 490/1 | €2,514 | €1,928 | -€586 | -23.3% |
| Total equity and liabilities | 10/49 | €124,180 | €83,806 | -€40,374 | -32.5% |
| Equity | 10/15 | €39,826 | €33,279 | -€6,547 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,226 | €21,226 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,366 | €19,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,547 | -€6,547 | |
| Amounts payable | 17/49 | €84,354 | €50,527 | -€33,827 | -40.1% |
| Amounts payable after more than one year | 17 | €54,025 | €35,710 | -€18,315 | -33.9% |
| Financial debts | 170/4 | €54,025 | €35,710 | -€18,315 | -33.9% |
| Amounts payable within one year | 42/48 | €30,329 | €14,817 | -€15,512 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €12,050 | €7,482 | -€4,568 | -37.9% |
| Trade debts | 44 | €18,279 | €6,493 | -€11,786 | -64.5% |
| Suppliers | 440/4 | €18,279 | €6,493 | -€11,786 | -64.5% |
| Taxes, remuneration and social security | 45 | - | €371 | +€371 | |
| Taxes | 450/3 | - | €371 | +€371 | |
| Other amounts payable | 47/48 | - | €472 | +€472 | |
| Goods, raw materials, services and sundry goods | 60/61 | €375,900 | €246,201 | -€129,699 | -34.5% |
| Remuneration, social security and pensions | 62 | €4,244 | €1,443 | -€2,801 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,237 | €22,979 | -€1,258 | -5.2% |
| Other operating charges | 640/8 | €1,280 | €1,061 | -€219 | -17.1% |
| Gross operating margin | 9900 | €37,511 | €22,261 | -€15,250 | -40.7% |
| Operating profit (loss) | 9901 | €7,749 | -€3,222 | -€10,971 | |
| Financial income | 75/76B | €52 | €74 | +€22 | +41.2% |
| Recurring financial income | 75 | €52 | €74 | +€22 | +41.2% |
| Financial charges | 65/66B | €1,856 | €1,845 | -€11 | -0.6% |
| Recurring financial charges | 65 | €1,856 | €1,845 | -€11 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €5,946 | -€4,993 | -€10,939 | |
| Income taxes | 67/77 | €1,500 | €1,554 | +€54 | +3.6% |
| Profit (loss) for the period | 9904 | €4,446 | -€6,547 | -€10,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,446 | -€6,547 | -€10,993 |
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 16 October 2026 via checked.be.