BOS: 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.
BOS
Largest movements
- Tangible fixed assets -€524,071
down €524,071 (-53.0%), from €988,313 to €464,243
of which Land and buildings: -€514,252
- Cash +€212,456
up €212,456 (+16,826%), from €1,263 to €213,719
mainly Investment in fixed assets (net) (+€497,356) and Net result for the year (+€179,105)
- Debts after one year -€465,498
down €465,498 (-64.1%), from €725,865 to €260,367
- Profit (loss) carried forward +€154,870
up €154,870, from -€154,870 to €0
- Reserves -€35,765
down €35,765 (-4.9%), from €725,437 to €689,672
of which Distributable reserves: -€35,765
- Tax, wage and social debts +€34,813
up €34,813 (+2,433%), from €1,431 to €36,244
- Gross operating margin +€251,548
up €251,548 (+8,473%), from €2,969 to €254,517
- Taxes +€31,098
up €31,098 (+4,325%), from €719 to €31,817
- Depreciation -€13,664
down €13,664 (-34.6%), from €39,519 to €25,856
- Other operating charges +€6,735
up €6,735 (+96.3%), from €6,997 to €13,731
- Financial charges -€2,602
down €2,602 (-17.0%), from €15,333 to €12,731
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 | €1,370,297 | €1,064,754 | -€305,543 | -22.3% |
| Fixed assets | 21/28 | €1,018,913 | €495,701 | -€523,212 | -51.3% |
| Tangible fixed assets | 22/27 | €988,313 | €464,243 | -€524,071 | -53.0% |
| Land and buildings | 22 | €939,653 | €425,401 | -€514,252 | -54.7% |
| Plant, machinery and equipment | 23 | €9 | €0 | -€9 | -100% |
| Furniture and vehicles | 24 | €47,292 | €37,483 | -€9,809 | -20.7% |
| Other tangible fixed assets | 26 | €1,359 | €1,359 | = | 0.0% |
| Financial fixed assets | 28 | €30,600 | €31,459 | +€859 | +2.8% |
| Current assets | 29/58 | €351,383 | €569,052 | +€217,669 | +61.9% |
| Amounts receivable within one year | 40/41 | €60,081 | €59,451 | -€630 | -1.0% |
| Trade receivables | 40 | €0 | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | €60,081 | €56,451 | -€3,630 | -6.0% |
| Current investments | 50/53 | €288,496 | €288,496 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,263 | €213,719 | +€212,456 | +16,826% |
| Deferred charges and accrued income | 490/1 | €1,544 | €7,388 | +€5,843 | +378% |
| Total equity and liabilities | 10/49 | €1,370,297 | €1,064,754 | -€305,543 | -22.3% |
| Equity | 10/15 | €589,117 | €708,222 | +€119,105 | +20.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €725,437 | €689,672 | -€35,765 | -4.9% |
| Tax-exempt reserves | 132 | €21,982 | €21,982 | = | 0.0% |
| Distributable reserves | 133 | €703,454 | €667,689 | -€35,765 | -5.1% |
| Profit (loss) carried forward | 14 | -€154,870 | €0 | +€154,870 | |
| Amounts payable | 17/49 | €781,179 | €356,532 | -€424,647 | -54.4% |
| Amounts payable after more than one year | 17 | €725,865 | €260,367 | -€465,498 | -64.1% |
| Financial debts | 170/4 | €725,865 | €260,367 | -€465,498 | -64.1% |
| Amounts payable within one year | 42/48 | €55,315 | €95,068 | +€39,754 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €48,615 | €49,498 | +€883 | +1.8% |
| Trade debts | 44 | €1,645 | €5,567 | +€3,922 | +238% |
| Suppliers | 440/4 | €1,645 | €5,567 | +€3,922 | +238% |
| Taxes, remuneration and social security | 45 | €1,431 | €36,244 | +€34,813 | +2,433% |
| Taxes | 450/3 | €1,431 | €36,244 | +€34,813 | +2,433% |
| Other amounts payable | 47/48 | €3,623 | €3,759 | +€136 | +3.7% |
| Accrued charges and deferred income | 492/3 | - | €1,097 | +€1,097 | |
| Non-recurring operating income | 76A | €22,500 | €250,302 | +€227,802 | +1,012% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,519 | €25,856 | -€13,664 | -34.6% |
| Other operating charges | 640/8 | €6,997 | €13,731 | +€6,735 | +96.3% |
| Gross operating margin | 9900 | €2,969 | €254,517 | +€251,548 | +8,473% |
| Operating profit (loss) | 9901 | -€43,547 | €214,930 | +€258,478 | |
| Financial income | 75/76B | €6,412 | €8,722 | +€2,310 | +36.0% |
| Recurring financial income | 75 | €6,412 | €8,722 | +€2,310 | +36.0% |
| Financial charges | 65/66B | €15,333 | €12,731 | -€2,602 | -17.0% |
| Recurring financial charges | 65 | €15,333 | €12,731 | -€2,602 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€52,468 | €210,922 | +€263,390 | |
| Income taxes | 67/77 | €719 | €31,817 | +€31,098 | +4,325% |
| Profit (loss) for the period | 9904 | -€53,187 | €179,105 | +€232,292 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,187 | €179,105 | +€232,292 |
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 15 October 2026 via checked.be.