BOLTS & BITS: 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.
BOLTS & BITS
Largest movements
- Tangible fixed assets +€80,222
up €80,222 (+723.7%), from €11,085 to €91,307
of which Furniture and vehicles: +€66,860
- Cash -€29,172
down €29,172 (-9.6%), from €305,198 to €276,026
mainly Contributions, distributions and other (-€101,388) and Investment in fixed assets (net) (-€96,835)
- Receivables within one year -€10,934
down €10,934 (-35.2%), from €31,059 to €20,125
of which Other amounts receivable: -€11,849
- Other debts +€56,718
up €56,718 (+514.0%), from €11,035 to €67,753
- Reserves -€38,775
down €38,775 (-12.6%), from €306,672 to €267,897
of which Distributable reserves: -€50,564
- Tax, wage and social debts +€15,655
up €15,655 (+148.4%), from €10,551 to €26,206
- Gross operating margin +€22,445
up €22,445 (+29.5%), from €76,009 to €98,453
- Depreciation +€13,838
up €13,838 (+498.8%), from €2,774 to €16,612
- Taxes -€4,662
down €4,662 (-22.8%), from €20,402 to €15,740
- Financial income +€1,250
up €1,250 (+23632.5%), from €5 to €1,255
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 | €347,341 | €387,458 | +€40,117 | +11.5% |
| Fixed assets | 21/28 | €11,085 | €91,307 | +€80,222 | +723.7% |
| Tangible fixed assets | 22/27 | €11,085 | €91,307 | +€80,222 | +723.7% |
| Furniture and vehicles | 24 | €3,184 | €70,044 | +€66,860 | +2099.7% |
| Other tangible fixed assets | 26 | €7,900 | €21,263 | +€13,362 | +169.1% |
| Current assets | 29/58 | €336,257 | €296,151 | -€40,106 | -11.9% |
| Amounts receivable within one year | 40/41 | €31,059 | €20,125 | -€10,934 | -35.2% |
| Trade receivables | 40 | €19,210 | €20,125 | +€915 | +4.8% |
| Other amounts receivable | 41 | €11,849 | €0 | -€11,849 | -100.0% |
| Cash at bank and in hand | 54/58 | €305,198 | €276,026 | -€29,172 | -9.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €347,341 | €387,458 | +€40,117 | +11.5% |
| Equity | 10/15 | €325,272 | €286,497 | -€38,775 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €306,672 | €267,897 | -€38,775 | -12.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €143 | €11,932 | +€11,789 | +8267.2% |
| Distributable reserves | 133 | €306,529 | €255,965 | -€50,564 | -16.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €2,947 | +€2,947 | |
| Deferred taxes | 168 | - | €2,947 | +€2,947 | |
| Amounts payable | 17/49 | €22,069 | €98,014 | +€75,944 | +344.1% |
| Amounts payable within one year | 42/48 | €22,069 | €95,014 | +€72,944 | +330.5% |
| Trade debts | 44 | €484 | €1,055 | +€571 | +118.0% |
| Suppliers | 440/4 | €484 | €1,055 | +€571 | +118.0% |
| Taxes, remuneration and social security | 45 | €10,551 | €26,206 | +€15,655 | +148.4% |
| Taxes | 450/3 | €10,551 | €26,206 | +€15,655 | +148.4% |
| Other amounts payable | 47/48 | €11,035 | €67,753 | +€56,718 | +514.0% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,774 | €16,612 | +€13,838 | +498.8% |
| Other operating charges | 640/8 | €499 | €562 | +€63 | +12.6% |
| Gross operating margin | 9900 | €76,009 | €98,453 | +€22,445 | +29.5% |
| Operating profit (loss) | 9901 | €72,735 | €81,279 | +€8,543 | +11.7% |
| Financial income | 75/76B | €5 | €1,255 | +€1,250 | +23632.5% |
| Recurring financial income | 75 | €5 | €1,255 | +€1,250 | +23632.5% |
| Financial charges | 65/66B | €825 | €1,234 | +€408 | +49.5% |
| Recurring financial charges | 65 | €825 | €1,234 | +€408 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €71,915 | €81,301 | +€9,385 | +13.1% |
| Transfer from deferred taxes | 780 | - | €571 | +€571 | |
| Transfer to deferred taxes | 680 | - | €3,518 | +€3,518 | |
| Income taxes | 67/77 | €20,402 | €15,740 | -€4,662 | -22.8% |
| Profit (loss) for the period | 9904 | €51,514 | €62,613 | +€11,100 | +21.5% |
| Transfer from tax-exempt reserves | 789 | - | €2,282 | +€2,282 | |
| Transfer to tax-exempt reserves | 689 | - | €14,071 | +€14,071 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,514 | €50,824 | -€690 | -1.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.