BOSARD Laurent: what changed
BOSARD Laurent
Largest movements
- Tangible fixed assets +€7,504
up €7,504 (+22.8%), from €32,962 to €40,466
of which Plant, machinery and equipment: +€16,795
- Cash -€5,658
down €5,658 (-80.9%), from €6,994 to €1,337
mainly Investment in fixed assets (net) (-€22,357) and Other debts (-€10,000)
- Receivables within one year +€5,236
up €5,236 (+77.0%), from €6,799 to €12,035
of which Trade receivables: +€4,663
- Stocks and contracts +€3,615
new in 2025: €3,615
- Trade debts +€11,967
up €11,967 (+5,557%), from €215 to €12,182
- Other debts -€10,000
down €10,000 (-34.6%), from €28,914 to €18,914
- Debts after one year +€7,487
new in 2025: €7,487
- Current portion of long-term debt +€5,657
new in 2025: €5,657
- Tax, wage and social debts -€2,616
down €2,616 (-78.2%), from €3,347 to €731
- Depreciation +€7,307
up €7,307 (+97.8%), from €7,469 to €14,776
- Gross operating margin -€6,601
down €6,601 (-29.4%), from €22,466 to €15,865
- Taxes -€2,732
no longer reported in 2025 (was €2,732)
- Staff costs +€1,083
new in 2025: €1,083
- Financial charges +€836
up €836 (+2,601%), from €32 to €868
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,052 | €57,894 | +€10,842 | +23.0% |
| Formation expenses | 20 | €213 | - | -€213 | |
| Fixed assets | 21/28 | €32,962 | €40,756 | +€7,794 | +23.6% |
| Tangible fixed assets | 22/27 | €32,962 | €40,466 | +€7,504 | +22.8% |
| Plant, machinery and equipment | 23 | €8,005 | €24,800 | +€16,795 | +210% |
| Furniture and vehicles | 24 | €24,957 | €15,666 | -€9,291 | -37.2% |
| Financial fixed assets | 28 | - | €290 | +€290 | |
| Current assets | 29/58 | €13,877 | €17,138 | +€3,261 | +23.5% |
| Stocks and contracts in progress | 3 | - | €3,615 | +€3,615 | |
| Stocks | 30/36 | - | €3,615 | +€3,615 | |
| Amounts receivable within one year | 40/41 | €6,799 | €12,035 | +€5,236 | +77.0% |
| Trade receivables | 40 | - | €4,663 | +€4,663 | |
| Other amounts receivable | 41 | €6,799 | €7,372 | +€573 | +8.4% |
| Cash at bank and in hand | 54/58 | €6,994 | €1,337 | -€5,658 | -80.9% |
| Deferred charges and accrued income | 490/1 | €83 | €152 | +€68 | +81.7% |
| Total equity and liabilities | 10/49 | €47,052 | €57,894 | +€10,842 | +23.0% |
| Equity | 10/15 | €14,575 | €12,922 | -€1,652 | -11.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,575 | €9,922 | -€1,652 | -14.3% |
| Amounts payable | 17/49 | €32,477 | €44,972 | +€12,495 | +38.5% |
| Amounts payable after more than one year | 17 | - | €7,487 | +€7,487 | |
| Financial debts | 170/4 | - | €7,487 | +€7,487 | |
| Amounts payable within one year | 42/48 | €32,477 | €37,485 | +€5,008 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,657 | +€5,657 | |
| Trade debts | 44 | €215 | €12,182 | +€11,967 | +5,557% |
| Suppliers | 440/4 | €215 | €12,182 | +€11,967 | +5,557% |
| Taxes, remuneration and social security | 45 | €3,347 | €731 | -€2,616 | -78.2% |
| Taxes | 450/3 | €3,347 | €731 | -€2,616 | -78.2% |
| Other amounts payable | 47/48 | €28,914 | €18,914 | -€10,000 | -34.6% |
| Remuneration, social security and pensions | 62 | - | €1,083 | +€1,083 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,469 | €14,776 | +€7,307 | +97.8% |
| Other operating charges | 640/8 | €658 | €803 | +€145 | +22.0% |
| Gross operating margin | 9900 | €22,466 | €15,865 | -€6,601 | -29.4% |
| Operating profit (loss) | 9901 | €14,339 | -€797 | -€15,136 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €32 | €868 | +€836 | +2,601% |
| Recurring financial charges | 65 | €32 | €868 | +€836 | +2,601% |
| Profit (loss) for the period before taxes | 9903 | €14,307 | -€1,652 | -€15,959 | |
| Income taxes | 67/77 | €2,732 | - | -€2,732 | |
| Profit (loss) for the period | 9904 | €11,575 | -€1,652 | -€13,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,575 | -€1,652 | -€13,227 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.