BOLTRA: what changed
Two fiscal 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.
BOLTRA
Largest movements
- Stocks and contracts +€6,000
new in 2025: €6,000
- Tangible fixed assets -€1,835
down €1,835 (-17.6%), from €10,427 to €8,592
of which Plant, machinery and equipment: -€1,580
- Cash -€554
down €554 (-22.8%), from €2,428 to €1,874
mainly Stocks and contracts (-€6,000) and Net result for the year (-€4,063)
- Trade debts +€11,873
up €11,873 (+1883.8%), from €630 to €12,503
- Profit (loss) carried forward -€4,063
down €4,063 (-78.8%), from -€5,156 to -€9,220
- Tax, wage and social debts -€2,926
down €2,926 (-26.3%), from €11,115 to €8,188
of which Remuneration and social security: -€7,309
- Short-term financial debts -€1,317
down €1,317 (-24.7%), from €5,340 to €4,023
- Gross operating margin -€548
down €548 (-18.1%), from €3,031 to €2,483
- Other operating charges +€448
up €448 (+19.3%), from €2,323 to €2,772
- Depreciation -€395
down €395 (-17.7%), from €2,230 to €1,835
- Financial charges +€220
up €220 (+152.0%), from €145 to €364
- Staff costs +€184
up €184 (+13.2%), from €1,392 to €1,576
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.
Cash bridge derived
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 | €12,929 | €16,495 | +€3,566 | +27.6% |
| Fixed assets | 21/28 | €10,427 | €8,592 | -€1,835 | -17.6% |
| Tangible fixed assets | 22/27 | €10,427 | €8,592 | -€1,835 | -17.6% |
| Land and buildings | 22 | €4,766 | €4,511 | -€255 | -5.3% |
| Plant, machinery and equipment | 23 | €5,660 | €4,081 | -€1,580 | -27.9% |
| Current assets | 29/58 | €2,502 | €7,903 | +€5,401 | +215.8% |
| Stocks and contracts in progress | 3 | - | €6,000 | +€6,000 | |
| Stocks | 30/36 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €2,428 | €1,874 | -€554 | -22.8% |
| Deferred charges and accrued income | 490/1 | €74 | €29 | -€45 | -60.6% |
| Total equity and liabilities | 10/49 | €12,929 | €16,495 | +€3,566 | +27.6% |
| Equity | 10/15 | -€4,156 | -€8,220 | -€4,063 | -97.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,156 | -€9,220 | -€4,063 | -78.8% |
| Amounts payable | 17/49 | €17,085 | €24,715 | +€7,629 | +44.7% |
| Amounts payable within one year | 42/48 | €17,085 | €24,715 | +€7,629 | +44.7% |
| Financial debts | 43 | €5,340 | €4,023 | -€1,317 | -24.7% |
| Other loans | 439 | €5,340 | €4,023 | -€1,317 | -24.7% |
| Trade debts | 44 | €630 | €12,503 | +€11,873 | +1883.8% |
| Suppliers | 440/4 | €630 | €12,503 | +€11,873 | +1883.8% |
| Taxes, remuneration and social security | 45 | €11,115 | €8,188 | -€2,926 | -26.3% |
| Taxes | 450/3 | €3,805 | €8,188 | +€4,383 | +115.2% |
| Remuneration and social security | 454/9 | €7,309 | - | -€7,309 | |
| Remuneration, social security and pensions | 62 | €1,392 | €1,576 | +€184 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,230 | €1,835 | -€395 | -17.7% |
| Other operating charges | 640/8 | €2,323 | €2,772 | +€448 | +19.3% |
| Gross operating margin | 9900 | €3,031 | €2,483 | -€548 | -18.1% |
| Operating profit (loss) | 9901 | -€2,914 | -€3,699 | -€785 | -26.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €145 | €364 | +€220 | +152.0% |
| Recurring financial charges | 65 | €145 | €364 | +€220 | +152.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,058 | -€4,063 | -€1,005 | -32.9% |
| Profit (loss) for the period | 9904 | -€3,058 | -€4,063 | -€1,005 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,058 | -€4,063 | -€1,005 | -32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.