Bolux: 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.
Bolux
Largest movements
- Receivables after one year +€50,132
up €50,132 (+53.5%), from €93,758 to €143,890
- Tangible fixed assets -€30,989
down €30,989 (-2.4%), from €1.3m to €1.2m
- Profit (loss) carried forward +€59,528
up €59,528 (+239.3%), from €24,873 to €84,401
- Debts after one year -€50,292
down €50,292 (-4.5%), from €1.1m to €1.1m
- Gross operating margin -€24,068
down €24,068 (-14.0%), from €171,787 to €147,719
- Taxes +€10,878
up €10,878 (+100.8%), from €10,792 to €21,670
- Other operating charges -€7,540
down €7,540 (-29.9%), from €25,203 to €17,663
- Financial income +€3,168
up €3,168 (+83.4%), from €3,798 to €6,966
- Financial charges -€2,429
down €2,429 (-8.9%), from €27,265 to €24,836
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 | €1,399,450 | €1,423,404 | +€23,955 | +1.7% |
| Fixed assets | 21/28 | €1,271,980 | €1,240,992 | -€30,989 | -2.4% |
| Tangible fixed assets | 22/27 | €1,271,980 | €1,240,992 | -€30,989 | -2.4% |
| Land and buildings | 22 | €1,271,980 | €1,240,992 | -€30,989 | -2.4% |
| Current assets | 29/58 | €127,470 | €182,413 | +€54,943 | +43.1% |
| Amounts receivable after more than one year | 29 | €93,758 | €143,890 | +€50,132 | +53.5% |
| Other amounts receivable | 291 | €93,758 | €143,890 | +€50,132 | +53.5% |
| Amounts receivable within one year | 40/41 | €9,932 | €1,120 | -€8,812 | -88.7% |
| Trade receivables | 40 | €9,932 | €1,120 | -€8,812 | -88.7% |
| Cash at bank and in hand | 54/58 | €19,981 | €30,436 | +€10,456 | +52.3% |
| Deferred charges and accrued income | 490/1 | €3,798 | €6,966 | +€3,168 | +83.4% |
| Total equity and liabilities | 10/49 | €1,399,450 | €1,423,404 | +€23,955 | +1.7% |
| Equity | 10/15 | €204,566 | €264,093 | +€59,528 | +29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €37,146 | €37,146 | = | 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 | €35,286 | €35,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,873 | €84,401 | +€59,528 | +239.3% |
| Amounts payable | 17/49 | €1,194,884 | €1,159,311 | -€35,573 | -3.0% |
| Amounts payable after more than one year | 17 | €1,110,388 | €1,060,096 | -€50,292 | -4.5% |
| Financial debts | 170/4 | €1,110,388 | €1,060,096 | -€50,292 | -4.5% |
| Amounts payable within one year | 42/48 | €68,988 | €84,835 | +€15,846 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €38,244 | €38,599 | +€355 | +0.9% |
| Trade debts | 44 | €19,683 | €24,297 | +€4,614 | +23.4% |
| Suppliers | 440/4 | €19,683 | €24,297 | +€4,614 | +23.4% |
| Taxes, remuneration and social security | 45 | €10,792 | €21,670 | +€10,878 | +100.8% |
| Taxes | 450/3 | €10,792 | €21,670 | +€10,878 | +100.8% |
| Other amounts payable | 47/48 | €270 | €270 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €15,508 | €14,380 | -€1,127 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,962 | €30,989 | +€27 | +0.1% |
| Other operating charges | 640/8 | €25,203 | €17,663 | -€7,540 | -29.9% |
| Gross operating margin | 9900 | €171,787 | €147,719 | -€24,068 | -14.0% |
| Operating profit (loss) | 9901 | €115,622 | €99,067 | -€16,555 | -14.3% |
| Financial income | 75/76B | €3,798 | €6,966 | +€3,168 | +83.4% |
| Recurring financial income | 75 | €3,798 | €6,966 | +€3,168 | +83.4% |
| Financial charges | 65/66B | €27,265 | €24,836 | -€2,429 | -8.9% |
| Recurring financial charges | 65 | €27,265 | €24,836 | -€2,429 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €92,155 | €81,197 | -€10,958 | -11.9% |
| Income taxes | 67/77 | €10,792 | €21,670 | +€10,878 | +100.8% |
| Profit (loss) for the period | 9904 | €81,363 | €59,528 | -€21,836 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,363 | €59,528 | -€21,836 | -26.8% |
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 12 October 2026 via checked.be.