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
- Current investments +€102,500
new in 2025: €102,500
- Tangible fixed assets -€75,400
down €75,400 (-9.7%), from €774,939 to €699,539
- Cash +€37,542
up €37,542 (+8.6%), from €437,399 to €474,941
mainly Net result for the year (+€200,062) and Depreciation (+€94,738)
- Stocks and contracts +€24,769
up €24,769 (+12.8%), from €193,336 to €218,105
- Reserves +€101,549
up €101,549 (+11.4%), from €888,234 to €989,783
- Other debts +€53,818
up €53,818 (+108%), from €49,810 to €103,628
- Debts after one year -€42,291
down €42,291 (-12.5%), from €337,740 to €295,449
- Gross operating margin -€88,521
down €88,521 (-16.9%), from €524,554 to €436,034
- Taxes -€33,106
down €33,106 (-27.1%), from €122,014 to €88,908
- Depreciation +€15,155
up €15,155 (+19.0%), from €79,583 to €94,738
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 | €1,441,234 | €1,541,148 | +€99,914 | +6.9% |
| Fixed assets | 21/28 | €774,939 | €699,539 | -€75,400 | -9.7% |
| Tangible fixed assets | 22/27 | €774,939 | €699,539 | -€75,400 | -9.7% |
| Land and buildings | 22 | €522,108 | €502,639 | -€19,469 | -3.7% |
| Plant, machinery and equipment | 23 | €83,831 | €58,879 | -€24,952 | -29.8% |
| Furniture and vehicles | 24 | €144,152 | €117,815 | -€26,336 | -18.3% |
| Other tangible fixed assets | 26 | €24,849 | €20,205 | -€4,643 | -18.7% |
| Current assets | 29/58 | €666,295 | €841,609 | +€175,314 | +26.3% |
| Stocks and contracts in progress | 3 | €193,336 | €218,105 | +€24,769 | +12.8% |
| Stocks | 30/36 | €193,336 | €218,105 | +€24,769 | +12.8% |
| Amounts receivable within one year | 40/41 | €34,267 | €42,515 | +€8,248 | +24.1% |
| Trade receivables | 40 | €34,238 | €42,378 | +€8,140 | +23.8% |
| Other amounts receivable | 41 | €29 | €137 | +€108 | +376% |
| Current investments | 50/53 | - | €102,500 | +€102,500 | |
| Cash at bank and in hand | 54/58 | €437,399 | €474,941 | +€37,542 | +8.6% |
| Deferred charges and accrued income | 490/1 | €1,294 | €3,549 | +€2,255 | +174% |
| Total equity and liabilities | 10/49 | €1,441,234 | €1,541,148 | +€99,914 | +6.9% |
| Equity | 10/15 | €894,434 | €995,983 | +€101,549 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €888,234 | €989,783 | +€101,549 | +11.4% |
| Distributable reserves | 133 | €888,234 | €989,783 | +€101,549 | +11.4% |
| Amounts payable | 17/49 | €546,801 | €545,166 | -€1,635 | -0.3% |
| Amounts payable after more than one year | 17 | €337,740 | €295,449 | -€42,291 | -12.5% |
| Financial debts | 170/4 | €337,740 | €295,449 | -€42,291 | -12.5% |
| Amounts payable within one year | 42/48 | €209,061 | €249,716 | +€40,656 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €41,473 | €42,291 | +€818 | +2.0% |
| Trade debts | 44 | €5,986 | €2,778 | -€3,208 | -53.6% |
| Suppliers | 440/4 | €5,986 | €2,778 | -€3,208 | -53.6% |
| Taxes, remuneration and social security | 45 | €111,791 | €101,019 | -€10,772 | -9.6% |
| Taxes | 450/3 | €106,140 | €95,892 | -€10,248 | -9.7% |
| Remuneration and social security | 454/9 | €5,652 | €5,127 | -€524 | -9.3% |
| Other amounts payable | 47/48 | €49,810 | €103,628 | +€53,818 | +108% |
| Remuneration, social security and pensions | 62 | €38,664 | €39,269 | +€605 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,583 | €94,738 | +€15,155 | +19.0% |
| Other operating charges | 640/8 | €7,891 | €8,064 | +€173 | +2.2% |
| Gross operating margin | 9900 | €524,554 | €436,034 | -€88,521 | -16.9% |
| Operating profit (loss) | 9901 | €398,416 | €293,963 | -€104,453 | -26.2% |
| Financial income | 75/76B | €349 | €1,982 | +€1,633 | +468% |
| Recurring financial income | 75 | €349 | €1,982 | +€1,633 | +468% |
| Financial charges | 65/66B | €5,540 | €6,974 | +€1,435 | +25.9% |
| Recurring financial charges | 65 | €5,540 | €6,974 | +€1,435 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €393,225 | €288,970 | -€104,255 | -26.5% |
| Income taxes | 67/77 | €122,014 | €88,908 | -€33,106 | -27.1% |
| Profit (loss) for the period | 9904 | €271,211 | €200,062 | -€71,149 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €271,211 | €200,062 | -€71,149 | -26.2% |
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 17 October 2026 via checked.be.