BOLSTERBOS: what changed
BOLSTERBOS
Largest movements
- Receivables within one year -€61,810
down €61,810 (-86.0%), from €71,890 to €10,080
of which Trade receivables: -€41,130
- Tangible fixed assets +€21,656
up €21,656 (+52.9%), from €40,931 to €62,587
of which Furniture and vehicles: +€19,528
- Stocks and contracts +€8,745
up €8,745 (+227%), from €3,846 to €12,591
- Cash +€2,540
up €2,540 (+12.1%), from €21,074 to €23,615
mainly Receivables within one year (+€61,810) and Other debts (+€44,106)
- Trade debts -€56,978
no longer reported in 2025 (was €56,978)
- Other debts +€44,106
new in 2025: €44,106
- Reserves -€40,041
down €40,041 (-76.4%), from €52,389 to €12,348
- Debts after one year +€32,862
new in 2025: €32,862
- Current portion of long-term debt -€5,883
no longer reported in 2025 (was €5,883)
- Staff costs +€54,053
up €54,053 (+196%), from €27,611 to €81,664
- Taxes +€13,443
up €13,443 (+284%), from €4,741 to €18,185
- Depreciation -€10,130
no longer reported in 2025 (was €10,130)
- Gross operating margin +€2,862
up €2,862 (+4.7%), from €61,005 to €63,866
- Financial charges +€1,819
up €1,819 (+249%), from €732 to €2,551
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,741 | €108,873 | -€28,868 | -21.0% |
| Fixed assets | 21/28 | €40,931 | €62,587 | +€21,656 | +52.9% |
| Tangible fixed assets | 22/27 | €40,931 | €62,587 | +€21,656 | +52.9% |
| Land and buildings | 22 | €13,593 | €13,593 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,446 | €9,574 | +€2,128 | +28.6% |
| Furniture and vehicles | 24 | €19,892 | €39,420 | +€19,528 | +98.2% |
| Current assets | 29/58 | €96,810 | €46,286 | -€50,524 | -52.2% |
| Stocks and contracts in progress | 3 | €3,846 | €12,591 | +€8,745 | +227% |
| Stocks | 30/36 | €3,846 | €12,591 | +€8,745 | +227% |
| Amounts receivable within one year | 40/41 | €71,890 | €10,080 | -€61,810 | -86.0% |
| Trade receivables | 40 | €43,673 | €2,543 | -€41,130 | -94.2% |
| Other amounts receivable | 41 | €28,217 | €7,537 | -€20,680 | -73.3% |
| Cash at bank and in hand | 54/58 | €21,074 | €23,615 | +€2,540 | +12.1% |
| Total equity and liabilities | 10/49 | €137,741 | €108,873 | -€28,868 | -21.0% |
| Equity | 10/15 | €70,989 | €30,948 | -€40,041 | -56.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,389 | €12,348 | -€40,041 | -76.4% |
| Distributable reserves | 133 | €52,389 | €12,348 | -€40,041 | -76.4% |
| Amounts payable | 17/49 | €66,752 | €77,925 | +€11,173 | +16.7% |
| Amounts payable after more than one year | 17 | - | €32,862 | +€32,862 | |
| Financial debts | 170/4 | - | €32,862 | +€32,862 | |
| Amounts payable within one year | 42/48 | €66,752 | €45,062 | -€21,690 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €5,883 | - | -€5,883 | |
| Trade debts | 44 | €56,978 | - | -€56,978 | |
| Suppliers | 440/4 | €56,978 | - | -€56,978 | |
| Taxes, remuneration and social security | 45 | €3,891 | €957 | -€2,935 | -75.4% |
| Taxes | 450/3 | €3,891 | €127 | -€3,764 | -96.7% |
| Remuneration and social security | 454/9 | - | €830 | +€830 | |
| Other amounts payable | 47/48 | - | €44,106 | +€44,106 | |
| Remuneration, social security and pensions | 62 | €27,611 | €81,664 | +€54,053 | +196% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,130 | - | -€10,130 | |
| Other operating charges | 640/8 | €1,577 | €1,542 | -€36 | -2.3% |
| Gross operating margin | 9900 | €61,005 | €63,866 | +€2,862 | +4.7% |
| Operating profit (loss) | 9901 | €21,686 | -€19,339 | -€41,025 | |
| Financial income | 75/76B | €0 | €34 | +€34 | +13,444% |
| Recurring financial income | 75 | €0 | €34 | +€34 | +13,444% |
| Financial charges | 65/66B | €732 | €2,551 | +€1,819 | +249% |
| Recurring financial charges | 65 | €732 | €2,551 | +€1,819 | +249% |
| Profit (loss) for the period before taxes | 9903 | €20,954 | -€21,856 | -€42,811 | |
| Income taxes | 67/77 | €4,741 | €18,185 | +€13,443 | +284% |
| Profit (loss) for the period | 9904 | €16,213 | -€40,041 | -€56,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,213 | -€40,041 | -€56,254 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.