BOLS Vanessa: 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 Vanessa
Largest movements
- Tangible fixed assets +€41,703
up €41,703 (+389%), from €10,721 to €52,425
of which Furniture and vehicles: +€40,344
- Cash -€34,755
down €34,755 (-31.2%), from €111,257 to €76,502
mainly Investment in fixed assets (net) (-€48,155) and Other debts (-€14,948)
- Receivables within one year -€6,351
down €6,351 (-21.9%), from €29,013 to €22,662
of which Trade receivables: -€10,150
- Deferred charges and accrued income -€3,253
down €3,253 (-94.8%), from €3,430 to €177
- Other debts -€14,948
down €14,948 (-49.4%), from €30,263 to €15,315
- Profit (loss) carried forward +€12,252
up €12,252 (+14.1%), from €86,658 to €98,910
- Financial charges +€5,628
up €5,628 (+9.8%), from €57,377 to €63,004
- Depreciation +€4,570
up €4,570 (+243%), from €1,882 to €6,452
- Taxes -€3,568
down €3,568 (-45.9%), from €7,769 to €4,201
- Financial income -€3,032
down €3,032 (-99.9%), from €3,034 to €2
- Gross operating margin -€2,710
down €2,710 (-2.9%), from €92,168 to €89,458
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 | €154,420 | €151,764 | -€2,656 | -1.7% |
| Fixed assets | 21/28 | €10,721 | €52,425 | +€41,703 | +389% |
| Tangible fixed assets | 22/27 | €10,721 | €52,425 | +€41,703 | +389% |
| Furniture and vehicles | 24 | €192 | €40,536 | +€40,344 | +20,996% |
| Other tangible fixed assets | 26 | €10,529 | €11,889 | +€1,360 | +12.9% |
| Current assets | 29/58 | €143,699 | €99,340 | -€44,359 | -30.9% |
| Amounts receivable within one year | 40/41 | €29,013 | €22,662 | -€6,351 | -21.9% |
| Trade receivables | 40 | €26,782 | €16,631 | -€10,150 | -37.9% |
| Other amounts receivable | 41 | €2,231 | €6,030 | +€3,799 | +170% |
| Cash at bank and in hand | 54/58 | €111,257 | €76,502 | -€34,755 | -31.2% |
| Deferred charges and accrued income | 490/1 | €3,430 | €177 | -€3,253 | -94.8% |
| Total equity and liabilities | 10/49 | €154,420 | €151,764 | -€2,656 | -1.7% |
| Equity | 10/15 | €107,759 | €120,011 | +€12,252 | +11.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,501 | €2,501 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €641 | €641 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,658 | €98,910 | +€12,252 | +14.1% |
| Amounts payable | 17/49 | €46,662 | €31,754 | -€14,908 | -31.9% |
| Amounts payable within one year | 42/48 | €46,662 | €31,754 | -€14,908 | -31.9% |
| Trade debts | 44 | €1,431 | €801 | -€630 | -44.1% |
| Suppliers | 440/4 | €1,431 | €801 | -€630 | -44.1% |
| Taxes, remuneration and social security | 45 | €14,968 | €15,638 | +€670 | +4.5% |
| Taxes | 450/3 | €14,968 | €15,638 | +€670 | +4.5% |
| Other amounts payable | 47/48 | €30,263 | €15,315 | -€14,948 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,882 | €6,452 | +€4,570 | +243% |
| Other operating charges | 640/8 | €903 | €2,701 | +€1,798 | +199% |
| Gross operating margin | 9900 | €92,168 | €89,458 | -€2,710 | -2.9% |
| Operating profit (loss) | 9901 | €89,383 | €80,306 | -€9,078 | -10.2% |
| Financial income | 75/76B | €3,034 | €2 | -€3,032 | -99.9% |
| Recurring financial income | 75 | €3,034 | €2 | -€3,032 | -99.9% |
| Financial charges | 65/66B | €57,377 | €63,004 | +€5,628 | +9.8% |
| Recurring financial charges | 65 | €57,377 | €63,004 | +€5,628 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €35,040 | €17,303 | -€17,737 | -50.6% |
| Income taxes | 67/77 | €7,769 | €4,201 | -€3,568 | -45.9% |
| Profit (loss) for the period | 9904 | €27,271 | €13,102 | -€14,169 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,271 | €13,102 | -€14,169 | -52.0% |
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 23 October 2026 via checked.be.