Bollo Advisory Group: 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.
Bollo Advisory Group
Largest movements
- Cash +€47,018
up €47,018 (+187%), from €25,103 to €72,121
mainly Net result for the year (+€148,619) and Tax, wage and social debts (+€4,255)
- Receivables within one year +€26,920
up €26,920 (+18.3%), from €147,388 to €174,308
of which Trade receivables: +€34,616
- Profit (loss) carried forward +€148,619
up €148,619 (+217%), from €68,372 to €216,992
- Trade debts -€79,807
down €79,807 (-79.2%), from €100,829 to €21,022
- Tax, wage and social debts +€4,255
up €4,255 (+89.8%), from €4,739 to €8,994
- Turnover +€216,596
up €216,596 (+64.0%), from €338,223 to €554,819
- Gross operating margin +€119,929
up €119,929 (+149%), from €80,260 to €200,188
- Purchases and services +€96,480
up €96,480 (+37.4%), from €258,151 to €354,631
- Taxes +€34,552
up €34,552 (+219%), from €15,802 to €50,354
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 | €176,531 | €250,797 | +€74,266 | +42.1% |
| Fixed assets | 21/28 | €2,490 | €1,236 | -€1,254 | -50.4% |
| Tangible fixed assets | 22/27 | €2,490 | €1,236 | -€1,254 | -50.4% |
| Furniture and vehicles | 24 | €2,490 | €1,236 | -€1,254 | -50.4% |
| Current assets | 29/58 | €174,042 | €249,561 | +€75,520 | +43.4% |
| Amounts receivable within one year | 40/41 | €147,388 | €174,308 | +€26,920 | +18.3% |
| Trade receivables | 40 | €133,152 | €167,768 | +€34,616 | +26.0% |
| Other amounts receivable | 41 | €14,236 | €6,540 | -€7,696 | -54.1% |
| Cash at bank and in hand | 54/58 | €25,103 | €72,121 | +€47,018 | +187% |
| Deferred charges and accrued income | 490/1 | €1,550 | €3,133 | +€1,583 | +102% |
| Total equity and liabilities | 10/49 | €176,531 | €250,797 | +€74,266 | +42.1% |
| Equity | 10/15 | €70,872 | €219,492 | +€148,619 | +210% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,372 | €216,992 | +€148,619 | +217% |
| Amounts payable | 17/49 | €105,659 | €31,306 | -€74,353 | -70.4% |
| Amounts payable within one year | 42/48 | €105,659 | €31,306 | -€74,353 | -70.4% |
| Trade debts | 44 | €100,829 | €21,022 | -€79,807 | -79.2% |
| Suppliers | 440/4 | €100,829 | €21,022 | -€79,807 | -79.2% |
| Taxes, remuneration and social security | 45 | €4,739 | €8,994 | +€4,255 | +89.8% |
| Taxes | 450/3 | €4,739 | €8,994 | +€4,255 | +89.8% |
| Other amounts payable | 47/48 | €90 | €1,289 | +€1,199 | +1,326% |
| Turnover | 70 | €338,223 | €554,819 | +€216,596 | +64.0% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €258,151 | €354,631 | +€96,480 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,101 | €1,254 | +€153 | +13.9% |
| Other operating charges | 640/8 | €1,418 | €0 | -€1,418 | -100% |
| Gross operating margin | 9900 | €80,260 | €200,188 | +€119,929 | +149% |
| Operating profit (loss) | 9901 | €77,740 | €198,934 | +€121,194 | +156% |
| Financial income | 75/76B | €941 | €842 | -€98 | -10.4% |
| Recurring financial income | 75 | €941 | €842 | -€98 | -10.4% |
| Financial charges | 65/66B | €900 | €803 | -€97 | -10.8% |
| Recurring financial charges | 65 | €900 | €803 | -€97 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €77,781 | €198,973 | +€121,193 | +156% |
| Income taxes | 67/77 | €15,802 | €50,354 | +€34,552 | +219% |
| Profit (loss) for the period | 9904 | €61,978 | €148,619 | +€86,641 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €61,978 | €148,619 | +€86,641 | +140% |
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 14 October 2026 via checked.be.