BOLO PROJECTS: 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.
BOLO PROJECTS
Largest movements
- Cash +€5,426
up €5,426 (+241%), from €2,255 to €7,681
mainly Receivables within one year (+€2,624) and Net result for the year (+€1,690)
- Receivables within one year -€2,624
down €2,624 (-46.0%), from €5,703 to €3,079
of which Other amounts receivable: -€1,409
- Deferred charges and accrued income +€285
up €285 (+60.7%), from €469 to €754
- Profit (loss) carried forward +€1,690
up €1,690 (+45.9%), from €3,679 to €5,368
- Other debts +€1,267
new in 2025: €1,267
- Tax, wage and social debts +€632
up €632 (+58.3%), from €1,084 to €1,716
- Trade debts -€502
down €502 (-23.2%), from €2,164 to €1,662
- Gross operating margin -€2,305
down €2,305 (-41.1%), from €5,613 to €3,308
- Taxes -€453
down €453 (-41.7%), from €1,084 to €632
- Financial charges +€115
up €115 (+146%), from €79 to €193
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 | €8,427 | €11,514 | +€3,086 | +36.6% |
| Current assets | 29/58 | €8,427 | €11,514 | +€3,086 | +36.6% |
| Amounts receivable within one year | 40/41 | €5,703 | €3,079 | -€2,624 | -46.0% |
| Trade receivables | 40 | €3,626 | €2,411 | -€1,215 | -33.5% |
| Other amounts receivable | 41 | €2,077 | €668 | -€1,409 | -67.8% |
| Cash at bank and in hand | 54/58 | €2,255 | €7,681 | +€5,426 | +241% |
| Deferred charges and accrued income | 490/1 | €469 | €754 | +€285 | +60.7% |
| Total equity and liabilities | 10/49 | €8,427 | €11,514 | +€3,086 | +36.6% |
| Equity | 10/15 | €5,179 | €6,868 | +€1,690 | +32.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,679 | €5,368 | +€1,690 | +45.9% |
| Amounts payable | 17/49 | €3,249 | €4,645 | +€1,396 | +43.0% |
| Amounts payable within one year | 42/48 | €3,249 | €4,645 | +€1,396 | +43.0% |
| Trade debts | 44 | €2,164 | €1,662 | -€502 | -23.2% |
| Suppliers | 440/4 | €2,164 | €1,662 | -€502 | -23.2% |
| Taxes, remuneration and social security | 45 | €1,084 | €1,716 | +€632 | +58.3% |
| Taxes | 450/3 | €1,084 | €1,716 | +€632 | +58.3% |
| Other amounts payable | 47/48 | - | €1,267 | +€1,267 | |
| Other operating charges | 640/8 | €772 | €793 | +€21 | +2.7% |
| Gross operating margin | 9900 | €5,613 | €3,308 | -€2,305 | -41.1% |
| Operating profit (loss) | 9901 | €4,841 | €2,515 | -€2,326 | -48.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €79 | €193 | +€115 | +146% |
| Recurring financial charges | 65 | €79 | €193 | +€115 | +146% |
| Profit (loss) for the period before taxes | 9903 | €4,763 | €2,322 | -€2,441 | -51.3% |
| Income taxes | 67/77 | €1,084 | €632 | -€453 | -41.7% |
| Profit (loss) for the period | 9904 | €3,679 | €1,690 | -€1,989 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,679 | €1,690 | -€1,989 | -54.1% |
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.