BOSAT: 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.
BOSAT
Largest movements
- Receivables after one year -€44,204
down €44,204 (-19.1%), from €231,300 to €187,096
- Receivables within one year +€28,459
up €28,459 (+353.3%), from €8,055 to €36,514
of which Trade receivables: +€29,411
- Deferred charges and accrued income -€8,083
no longer reported in 2025 (was €8,083)
- Tangible fixed assets -€5,967
down €5,967 (-2.3%), from €254,125 to €248,158
of which Furniture and vehicles: -€6,768
- Profit (loss) carried forward -€34,404
down €34,404 (-33.5%), from -€102,746 to -€137,150
- Financial income -€5,448
down €5,448 (-91.7%), from €5,939 to €491
- Gross operating margin +€1,974
up €1,974 (+15.3%), from -€12,920 to -€10,946
- Depreciation +€1,584
up €1,584 (+13.2%), from €11,967 to €13,551
- Other operating charges -€893
down €893 (-8.4%), from €10,636 to €9,743
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 | €548,594 | €517,824 | -€30,771 | -5.6% |
| Fixed assets | 21/28 | €254,125 | €248,158 | -€5,967 | -2.3% |
| Tangible fixed assets | 22/27 | €254,125 | €248,158 | -€5,967 | -2.3% |
| Land and buildings | 22 | €218,132 | €214,360 | -€3,772 | -1.7% |
| Plant, machinery and equipment | 23 | €12,266 | €17,275 | +€5,009 | +40.8% |
| Furniture and vehicles | 24 | €19,902 | €13,134 | -€6,768 | -34.0% |
| Other tangible fixed assets | 26 | €3,825 | €3,389 | -€436 | -11.4% |
| Current assets | 29/58 | €294,469 | €269,666 | -€24,804 | -8.4% |
| Amounts receivable after more than one year | 29 | €231,300 | €187,096 | -€44,204 | -19.1% |
| Other amounts receivable | 291 | €231,300 | €187,096 | -€44,204 | -19.1% |
| Stocks and contracts in progress | 3 | €10,480 | €8,900 | -€1,580 | -15.1% |
| Stocks | 30/36 | €10,480 | €8,900 | -€1,580 | -15.1% |
| Amounts receivable within one year | 40/41 | €8,055 | €36,514 | +€28,459 | +353.3% |
| Trade receivables | 40 | €6,309 | €35,720 | +€29,411 | +466.2% |
| Other amounts receivable | 41 | €1,746 | €793 | -€953 | -54.6% |
| Cash at bank and in hand | 54/58 | €36,551 | €37,156 | +€605 | +1.7% |
| Deferred charges and accrued income | 490/1 | €8,083 | - | -€8,083 | |
| Total equity and liabilities | 10/49 | €548,594 | €517,824 | -€30,771 | -5.6% |
| Equity | 10/15 | €510,310 | €475,906 | -€34,404 | -6.7% |
| Contributions | 10/11 | €134,688 | €134,688 | = | 0.0% |
| Revaluation surpluses | 12 | €478,368 | €478,368 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€102,746 | -€137,150 | -€34,404 | -33.5% |
| Amounts payable | 17/49 | €38,284 | €41,917 | +€3,633 | +9.5% |
| Amounts payable within one year | 42/48 | €37,889 | €41,307 | +€3,418 | +9.0% |
| Trade debts | 44 | €26,357 | €25,995 | -€363 | -1.4% |
| Suppliers | 440/4 | €26,357 | €25,995 | -€363 | -1.4% |
| Other amounts payable | 47/48 | €11,532 | €15,313 | +€3,780 | +32.8% |
| Accrued charges and deferred income | 492/3 | €395 | €610 | +€215 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,967 | €13,551 | +€1,584 | +13.2% |
| Other operating charges | 640/8 | €10,636 | €9,743 | -€893 | -8.4% |
| Non-recurring operating charges | 66A | €18,700 | - | -€18,700 | |
| Gross operating margin | 9900 | -€12,920 | -€10,946 | +€1,974 | +15.3% |
| Operating profit (loss) | 9901 | -€54,223 | -€34,240 | +€19,983 | +36.9% |
| Financial income | 75/76B | €5,939 | €491 | -€5,448 | -91.7% |
| Recurring financial income | 75 | €5,939 | €491 | -€5,448 | -91.7% |
| Financial charges | 65/66B | €539 | €655 | +€116 | +21.6% |
| Recurring financial charges | 65 | €539 | €655 | +€116 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€48,823 | -€34,404 | +€14,419 | +29.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€48,823 | -€34,404 | +€14,419 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,823 | -€34,404 | +€14,419 | +29.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.