BOLS'KA: 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.
BOLS'KA
Largest movements
- Receivables within one year -€43,298
down €43,298 (-52.4%), from €82,674 to €39,376
of which Other amounts receivable: -€35,431
- Stocks and contracts +€39,619
up €39,619 (+11.3%), from €350,738 to €390,358
- Cash +€8,795
up €8,795 (+133%), from €6,606 to €15,401
mainly Receivables within one year (+€43,298) and Other debts (+€21,692)
- Tangible fixed assets -€7,458
down €7,458 (-3.8%), from €195,499 to €188,041
of which Land and buildings: -€6,938
- Profit (loss) carried forward -€22,587
down €22,587 (-21.6%), from -€104,665 to -€127,253
- Other debts +€21,692
up €21,692 (+4.5%), from €479,167 to €500,859
- Gross operating margin +€17,058
up €17,058 (+84.8%), from -€20,108 to -€3,050
- Other operating charges +€2,081
up €2,081 (+49.1%), from €4,241 to €6,322
- Depreciation +€836
up €836 (+6.6%), from €12,617 to €13,453
- Financial income +€560
up €560 (+424%), from €132 to €693
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 | €635,948 | €633,614 | -€2,334 | -0.4% |
| Fixed assets | 21/28 | €195,499 | €188,041 | -€7,458 | -3.8% |
| Tangible fixed assets | 22/27 | €195,499 | €188,041 | -€7,458 | -3.8% |
| Land and buildings | 22 | €104,524 | €97,585 | -€6,938 | -6.6% |
| Plant, machinery and equipment | 23 | €79,112 | €79,617 | +€506 | +0.6% |
| Furniture and vehicles | 24 | €4,268 | €3,270 | -€998 | -23.4% |
| Other tangible fixed assets | 26 | €7,596 | €7,569 | -€27 | -0.4% |
| Current assets | 29/58 | €440,449 | €445,572 | +€5,124 | +1.2% |
| Stocks and contracts in progress | 3 | €350,738 | €390,358 | +€39,619 | +11.3% |
| Stocks | 30/36 | €350,738 | €390,358 | +€39,619 | +11.3% |
| Amounts receivable within one year | 40/41 | €82,674 | €39,376 | -€43,298 | -52.4% |
| Trade receivables | 40 | €46,503 | €38,636 | -€7,867 | -16.9% |
| Other amounts receivable | 41 | €36,171 | €740 | -€35,431 | -98.0% |
| Cash at bank and in hand | 54/58 | €6,606 | €15,401 | +€8,795 | +133% |
| Deferred charges and accrued income | 490/1 | €430 | €437 | +€7 | +1.7% |
| Total equity and liabilities | 10/49 | €635,948 | €633,614 | -€2,334 | -0.4% |
| Equity | 10/15 | €108,185 | €85,597 | -€22,587 | -20.9% |
| Contributions | 10/11 | €212,850 | €212,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,665 | -€127,253 | -€22,587 | -21.6% |
| Amounts payable | 17/49 | €527,763 | €548,016 | +€20,253 | +3.8% |
| Amounts payable after more than one year | 17 | €5,987 | €2,027 | -€3,960 | -66.1% |
| Financial debts | 170/4 | €5,987 | €2,027 | -€3,960 | -66.1% |
| Amounts payable within one year | 42/48 | €521,776 | €545,989 | +€24,213 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €3,837 | €3,960 | +€122 | +3.2% |
| Trade debts | 44 | €35,468 | €38,099 | +€2,631 | +7.4% |
| Suppliers | 440/4 | €35,468 | €38,099 | +€2,631 | +7.4% |
| Taxes, remuneration and social security | 45 | €3,303 | €3,071 | -€233 | -7.0% |
| Taxes | 450/3 | €3,303 | €3,071 | -€233 | -7.0% |
| Other amounts payable | 47/48 | €479,167 | €500,859 | +€21,692 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,617 | €13,453 | +€836 | +6.6% |
| Other operating charges | 640/8 | €4,241 | €6,322 | +€2,081 | +49.1% |
| Gross operating margin | 9900 | -€20,108 | -€3,050 | +€17,058 | +84.8% |
| Operating profit (loss) | 9901 | -€36,967 | -€22,825 | +€14,141 | +38.3% |
| Financial income | 75/76B | €132 | €693 | +€560 | +424% |
| Recurring financial income | 75 | €132 | €693 | +€560 | +424% |
| Financial charges | 65/66B | €587 | €454 | -€132 | -22.6% |
| Recurring financial charges | 65 | €587 | €454 | -€132 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€37,421 | -€22,587 | +€14,834 | +39.6% |
| Profit (loss) for the period | 9904 | -€37,421 | -€22,587 | +€14,834 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,421 | -€22,587 | +€14,834 | +39.6% |
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.