Bollus: 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.
Bollus
Largest movements
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Deferred charges and accrued income +€15,994
up €15,994 (+2603.7%), from €614 to €16,609
- Cash -€6,711
down €6,711 (-37.8%), from €17,751 to €11,040
mainly Other debts (-€52,423) and Contributions, distributions and other (-€43,000)
- Tangible fixed assets -€6,672
down €6,672 (-23.8%), from €28,059 to €21,388
- Receivables within one year +€2,117
up €2,117 (+8.2%), from €25,794 to €27,911
of which Other amounts receivable: +€3,065
- Other debts -€52,423
down €52,423 (-58.9%), from €88,973 to €36,550
- Tax, wage and social debts -€9,081
down €9,081 (-21.6%), from €42,019 to €32,938
of which Remuneration and social security: -€5,353
- Trade debts -€8,980
down €8,980 (-90.7%), from €9,902 to €922
- Gross operating margin +€17,467
up €17,467 (+11.7%), from €148,885 to €166,352
- Depreciation -€7,940
down €7,940 (-54.3%), from €14,611 to €6,672
- Staff costs +€4,514
up €4,514 (+4.7%), from €96,603 to €101,117
- Taxes +€2,340
up €2,340 (+16.3%), from €14,333 to €16,673
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 | €147,220 | €76,948 | -€70,272 | -47.7% |
| Fixed assets | 21/28 | €28,059 | €21,388 | -€6,672 | -23.8% |
| Tangible fixed assets | 22/27 | €28,059 | €21,388 | -€6,672 | -23.8% |
| Furniture and vehicles | 24 | €28,059 | €21,388 | -€6,672 | -23.8% |
| Current assets | 29/58 | €119,160 | €55,560 | -€63,600 | -53.4% |
| Amounts receivable within one year | 40/41 | €25,794 | €27,911 | +€2,117 | +8.2% |
| Trade receivables | 40 | €19,794 | €18,846 | -€949 | -4.8% |
| Other amounts receivable | 41 | €6,000 | €9,065 | +€3,065 | +51.1% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €17,751 | €11,040 | -€6,711 | -37.8% |
| Deferred charges and accrued income | 490/1 | €614 | €16,609 | +€15,994 | +2603.7% |
| Total equity and liabilities | 10/49 | €147,220 | €76,948 | -€70,272 | -47.7% |
| Equity | 10/15 | €6,325 | €6,538 | +€214 | +3.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €325 | €538 | +€214 | +65.8% |
| Amounts payable | 17/49 | €140,895 | €70,410 | -€70,485 | -50.0% |
| Amounts payable within one year | 42/48 | €140,895 | €70,410 | -€70,485 | -50.0% |
| Trade debts | 44 | €9,902 | €922 | -€8,980 | -90.7% |
| Suppliers | 440/4 | €9,902 | €922 | -€8,980 | -90.7% |
| Taxes, remuneration and social security | 45 | €42,019 | €32,938 | -€9,081 | -21.6% |
| Taxes | 450/3 | €23,105 | €19,377 | -€3,729 | -16.1% |
| Remuneration and social security | 454/9 | €18,914 | €13,561 | -€5,353 | -28.3% |
| Other amounts payable | 47/48 | €88,973 | €36,550 | -€52,423 | -58.9% |
| Remuneration, social security and pensions | 62 | €96,603 | €101,117 | +€4,514 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,611 | €6,672 | -€7,940 | -54.3% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €148,885 | €166,352 | +€17,467 | +11.7% |
| Operating profit (loss) | 9901 | €36,772 | €57,635 | +€20,863 | +56.7% |
| Financial income | 75/76B | €767 | €2,341 | +€1,574 | +205.2% |
| Recurring financial income | 75 | €767 | €2,341 | +€1,574 | +205.2% |
| Financial charges | 65/66B | €97 | €90 | -€7 | -7.0% |
| Recurring financial charges | 65 | €97 | €90 | -€7 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €37,443 | €59,886 | +€22,444 | +59.9% |
| Income taxes | 67/77 | €14,333 | €16,673 | +€2,340 | +16.3% |
| Profit (loss) for the period | 9904 | €23,109 | €43,214 | +€20,104 | +87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,109 | €43,214 | +€20,104 | +87.0% |
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.