BOSCH SPORT: what changed
BOSCH SPORT
Largest movements
- Stocks and contracts +€51,214
up €51,214 (+17.0%), from €301,941 to €353,154
- Receivables within one year -€30,142
no longer reported in 2025 (was €30,142)
of which Trade receivables: -€20,503
- Tangible fixed assets +€29,101
up €29,101 (+292%), from €9,952 to €39,053
of which Furniture and vehicles: +€30,093
- Cash -€4,532
down €4,532 (-8.6%), from €52,762 to €48,231
mainly Contributions, distributions and other (-€68,000) and Stocks and contracts (-€51,214)
- Trade debts +€57,235
new in 2025: €57,235
- Other debts +€32,103
new in 2025: €32,103
- Debts after one year -€22,966
down €22,966 (-70.7%), from €32,505 to €9,538
- Tax, wage and social debts -€19,189
down €19,189 (-23.5%), from €81,517 to €62,328
of which Taxes: -€9,961
- Reserves -€10,200
down €10,200 (-4.4%), from €232,940 to €222,740
- Staff costs -€36,387
down €36,387 (-22.6%), from €160,948 to €124,561
- Gross operating margin +€34,933
up €34,933 (+19.3%), from €180,987 to €215,920
- Taxes +€21,002
up €21,002 (+1,843%), from €1,140 to €22,142
- Depreciation -€6,347
down €6,347 (-59.9%), from €10,589 to €4,243
- Other operating charges +€3,660
up €3,660 (+156%), from €2,343 to €6,003
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 | €397,081 | €440,438 | +€43,357 | +10.9% |
| Fixed assets | 21/28 | €9,952 | €39,053 | +€29,101 | +292% |
| Tangible fixed assets | 22/27 | €9,952 | €39,053 | +€29,101 | +292% |
| Furniture and vehicles | 24 | €7,073 | €37,166 | +€30,093 | +425% |
| Other tangible fixed assets | 26 | €2,879 | €1,887 | -€992 | -34.5% |
| Current assets | 29/58 | €387,128 | €401,385 | +€14,257 | +3.7% |
| Stocks and contracts in progress | 3 | €301,941 | €353,154 | +€51,214 | +17.0% |
| Stocks | 30/36 | €301,941 | €353,154 | +€51,214 | +17.0% |
| Amounts receivable within one year | 40/41 | €30,142 | - | -€30,142 | |
| Trade receivables | 40 | €20,503 | - | -€20,503 | |
| Other amounts receivable | 41 | €9,638 | - | -€9,638 | |
| Cash at bank and in hand | 54/58 | €52,762 | €48,231 | -€4,532 | -8.6% |
| Deferred charges and accrued income | 490/1 | €2,284 | - | -€2,284 | |
| Total equity and liabilities | 10/49 | €397,081 | €440,438 | +€43,357 | +10.9% |
| Equity | 10/15 | €253,680 | €243,485 | -€10,195 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,940 | €222,740 | -€10,200 | -4.4% |
| Distributable reserves | 133 | €232,940 | €222,740 | -€10,200 | -4.4% |
| Profit (loss) carried forward | 14 | €2,140 | €2,145 | +€5 | +0.2% |
| Amounts payable | 17/49 | €143,400 | €196,953 | +€53,552 | +37.3% |
| Amounts payable after more than one year | 17 | €32,505 | €9,538 | -€22,966 | -70.7% |
| Financial debts | 170/4 | €32,505 | €9,538 | -€22,966 | -70.7% |
| Amounts payable within one year | 42/48 | €110,896 | €187,414 | +€76,519 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €29,379 | €35,748 | +€6,369 | +21.7% |
| Trade debts | 44 | - | €57,235 | +€57,235 | |
| Suppliers | 440/4 | - | €57,235 | +€57,235 | |
| Taxes, remuneration and social security | 45 | €81,517 | €62,328 | -€19,189 | -23.5% |
| Taxes | 450/3 | €51,706 | €41,745 | -€9,961 | -19.3% |
| Remuneration and social security | 454/9 | €29,811 | €20,583 | -€9,228 | -31.0% |
| Other amounts payable | 47/48 | - | €32,103 | +€32,103 | |
| Non-recurring operating income | 76A | - | €22,234 | +€22,234 | |
| Remuneration, social security and pensions | 62 | €160,948 | €124,561 | -€36,387 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,589 | €4,243 | -€6,347 | -59.9% |
| Other operating charges | 640/8 | €2,343 | €6,003 | +€3,660 | +156% |
| Gross operating margin | 9900 | €180,987 | €215,920 | +€34,933 | +19.3% |
| Operating profit (loss) | 9901 | €7,107 | €81,113 | +€74,006 | +1,041% |
| Financial income | 75/76B | €7,186 | €10,321 | +€3,136 | +43.6% |
| Recurring financial income | 75 | €7,186 | €10,321 | +€3,136 | +43.6% |
| Financial charges | 65/66B | €11,021 | €11,488 | +€467 | +4.2% |
| Recurring financial charges | 65 | €11,021 | €11,488 | +€467 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €3,271 | €79,947 | +€76,675 | +2,344% |
| Income taxes | 67/77 | €1,140 | €22,142 | +€21,002 | +1,843% |
| Profit (loss) for the period | 9904 | €2,132 | €57,805 | +€55,673 | +2,611% |
| Profit (loss) for the period to be appropriated | 9905 | €2,132 | €57,805 | +€55,673 | +2,611% |
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 2 November 2026 via checked.be.