BOLS-MOONEN: 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-MOONEN
Largest movements
- Cash +€345,348
up €345,348 (+427%), from €80,822 to €426,170
mainly Current investments (+€300,000) and Net result for the year (+€285,994)
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Receivables within one year -€110,094
down €110,094 (-67.4%), from €163,372 to €53,278
of which Trade receivables: -€135,629
- Tangible fixed assets -€33,070
down €33,070 (-39.8%), from €83,070 to €50,000
of which Land and buildings: -€29,130
- Other debts -€362,916
down €362,916 (-97.5%), from €372,052 to €9,136
- Profit (loss) carried forward +€285,994
up €285,994 (+78.7%), from -€363,393 to -€77,399
- Tax, wage and social debts -€20,334
down €20,334 (-95.7%), from €21,252 to €918
- Gross operating margin +€189,085
up €189,085 (+171%), from €110,458 to €299,543
- Depreciation -€14,573
down €14,573 (-78.6%), from €18,537 to €3,965
- Other operating charges +€6,205
up €6,205 (+206%), from €3,019 to €9,224
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 | €628,640 | €531,372 | -€97,267 | -15.5% |
| Fixed assets | 21/28 | €83,070 | €51,390 | -€31,679 | -38.1% |
| Intangible fixed assets | 21 | - | €1,390 | +€1,390 | |
| Tangible fixed assets | 22/27 | €83,070 | €50,000 | -€33,070 | -39.8% |
| Land and buildings | 22 | €79,130 | €50,000 | -€29,130 | -36.8% |
| Furniture and vehicles | 24 | €3,940 | €0 | -€3,940 | -100% |
| Current assets | 29/58 | €545,570 | €479,982 | -€65,588 | -12.0% |
| Amounts receivable within one year | 40/41 | €163,372 | €53,278 | -€110,094 | -67.4% |
| Trade receivables | 40 | €135,629 | €0 | -€135,629 | -100% |
| Other amounts receivable | 41 | €27,742 | €53,278 | +€25,535 | +92.0% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €80,822 | €426,170 | +€345,348 | +427% |
| Deferred charges and accrued income | 490/1 | €1,376 | €534 | -€842 | -61.2% |
| Total equity and liabilities | 10/49 | €628,640 | €531,372 | -€97,267 | -15.5% |
| Equity | 10/15 | €229,645 | €515,639 | +€285,994 | +125% |
| Contributions | 10/11 | €74,789 | €74,789 | = | 0.0% |
| Reserves | 13 | €518,249 | €518,249 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €0 | -€2,479 | -100% |
| Reserves not available under the articles | 1311 | €2,479 | €0 | -€2,479 | -100% |
| Tax-exempt reserves | 132 | €19,937 | €19,937 | = | 0.0% |
| Distributable reserves | 133 | €495,833 | €498,312 | +€2,479 | +0.5% |
| Profit (loss) carried forward | 14 | -€363,393 | -€77,399 | +€285,994 | +78.7% |
| Amounts payable | 17/49 | €398,994 | €15,733 | -€383,261 | -96.1% |
| Amounts payable within one year | 42/48 | €398,994 | €15,733 | -€383,261 | -96.1% |
| Trade debts | 44 | €5,690 | €5,679 | -€11 | -0.2% |
| Suppliers | 440/4 | €5,690 | €5,679 | -€11 | -0.2% |
| Taxes, remuneration and social security | 45 | €21,252 | €918 | -€20,334 | -95.7% |
| Taxes | 450/3 | €21,252 | €918 | -€20,334 | -95.7% |
| Other amounts payable | 47/48 | €372,052 | €9,136 | -€362,916 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,537 | €3,965 | -€14,573 | -78.6% |
| Other operating charges | 640/8 | €3,019 | €9,224 | +€6,205 | +206% |
| Non-recurring operating charges | 66A | - | €6,630 | +€6,630 | |
| Gross operating margin | 9900 | €110,458 | €299,543 | +€189,085 | +171% |
| Operating profit (loss) | 9901 | €88,901 | €279,724 | +€190,823 | +215% |
| Financial income | 75/76B | €8,674 | €6,306 | -€2,368 | -27.3% |
| Recurring financial income | 75 | €8,674 | €6,306 | -€2,368 | -27.3% |
| Financial charges | 65/66B | €251 | €36 | -€215 | -85.6% |
| Recurring financial charges | 65 | €251 | €36 | -€215 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | €97,324 | €285,994 | +€188,670 | +194% |
| Profit (loss) for the period | 9904 | €97,324 | €285,994 | +€188,670 | +194% |
| Profit (loss) for the period to be appropriated | 9905 | €97,324 | €285,994 | +€188,670 | +194% |
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 26 October 2026 via checked.be.