Bosq: 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.
What changed
Bosq
NACE 46.832, Wholesale of timber
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€107,325
2024 · -€91,438-€15,887
Equity
€818,495
2024 · €925,820-€107,325
Cash
€55,136
2024 · €59,509-€4,373
Balance sheet total
€3.2m
2024 · €3.5m-€294,870
Largest movements
Assets
- Receivables within one year -€443,395
down €443,395 (-38.5%), from €1.2m to €707,482
of which Trade receivables: -€444,455
- Tangible fixed assets +€148,456
up €148,456 (+29.0%), from €512,188 to €660,644
of which Leasing and similar rights: +€151,513
Equity and liabilities
- Trade debts -€417,490
down €417,490 (-47.8%), from €873,654 to €456,164
- Other debts +€125,963
up €125,963 (+21.1%), from €596,150 to €722,113
- Profit (loss) carried forward -€107,325
down €107,325 (-17.5%), from -€614,264 to -€721,589
- Short-term financial debts +€66,822
up €66,822 (+29.8%), from €224,185 to €291,007
Income statement
- Services and other goods -€181,843
down €181,843 (-23.2%), from €782,807 to €600,964
- Goods and materials +€116,807
up €116,807 (+4.3%), from €2.7m to €2.8m
of which Purchases: +€79,540
- Staff costs +€111,950
up €111,950 (+11.8%), from €952,190 to €1.1m
- Turnover -€106,015
down €106,015 (-2.3%), from €4.5m to €4.4m
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.
Result 2024
-€91,438
Turnover
-€106,015
Other operating income
-€12,647
Goods and materials
-€116,807
Services and other goods
+€181,843
Staff costs
-€111,950
Depreciation
-€3,974
Other operating charges
+€27,892
Other operating items
+€86,515
Financial income
+€28,170
Financial charges
+€11,596
Taxes
-€510
Result 2025
-€107,325
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.
From operations
+€83,930
Investment
-€217,510
Financing
+€129,207
Cash 2024
€59,509
From operations (derived)
+€83,930
Net result for the year
-€107,325
Depreciation
+€64,970
Stocks and contracts
+€1,910
Receivables within one year
+€443,395
Deferred charges and accrued income
-€2,268
Trade debts
-€417,490
Tax, wage and social debts
-€24,961
Other debts
+€125,963
Accrued charges and deferred income
-€264
Investment (derived)
-€217,510
Investment in fixed assets (net)
-€217,510
Financing
+€129,207
Debts after one year
+€29,739
Current portion of long-term debt
+€32,647
Short-term financial debts
+€66,822
Cash 2025
€55,136
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,460,371 | €3,165,501 | -€294,870 | -8.5% |
| Fixed assets | 21/28 | €514,731 | €667,270 | +€152,540 | +29.6% |
| Intangible fixed assets | 21 | €438 | €4,522 | +€4,083 | +932.2% |
| Tangible fixed assets | 22/27 | €512,188 | €660,644 | +€148,456 | +29.0% |
| Plant, machinery and equipment | 23 | €293,178 | €293,302 | +€124 | 0.0% |
| Furniture and vehicles | 24 | €4,593 | €2,322 | -€2,271 | -49.4% |
| Leasing and similar rights | 25 | €209,942 | €361,455 | +€151,513 | +72.2% |
| Other tangible fixed assets | 26 | €4,475 | €3,565 | -€910 | -20.3% |
| Financial fixed assets | 28 | €2,105 | €2,105 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,105 | €2,105 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,105 | €2,105 | = | 0.0% |
| Current assets | 29/58 | €2,945,640 | €2,498,231 | -€447,409 | -15.2% |
| Stocks and contracts in progress | 3 | €1,733,754 | €1,731,844 | -€1,910 | -0.1% |
| Stocks | 30/36 | €1,657,783 | €1,619,433 | -€38,350 | -2.3% |
| Goods purchased for resale | 34 | €1,657,783 | €1,619,433 | -€38,350 | -2.3% |
| Contracts in progress | 37 | €75,971 | €112,411 | +€36,440 | +48.0% |
| Amounts receivable within one year | 40/41 | €1,150,877 | €707,482 | -€443,395 | -38.5% |
| Trade receivables | 40 | €1,141,708 | €697,253 | -€444,455 | -38.9% |
| Other amounts receivable | 41 | €9,169 | €10,229 | +€1,061 | +11.6% |
| Cash at bank and in hand | 54/58 | €59,509 | €55,136 | -€4,373 | -7.3% |
| Deferred charges and accrued income | 490/1 | €1,500 | €3,768 | +€2,268 | +151.2% |
| Total equity and liabilities | 10/49 | €3,460,371 | €3,165,501 | -€294,870 | -8.5% |
| Equity | 10/15 | €925,820 | €818,495 | -€107,325 | -11.6% |
| Contributions | 10/11 | €1,534,740 | €1,534,740 | = | 0.0% |
| Reserves | 13 | €5,344 | €5,344 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,344 | €5,344 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,344 | €5,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€614,264 | -€721,589 | -€107,325 | -17.5% |
| Amounts payable | 17/49 | €2,534,551 | €2,347,006 | -€187,545 | -7.4% |
| Amounts payable after more than one year | 17 | €664,079 | €693,818 | +€29,739 | +4.5% |
| Financial debts | 170/4 | €537,412 | €653,817 | +€116,405 | +21.7% |
| Leasing and similar obligations | 172 | €34,834 | €161,826 | +€126,992 | +364.6% |
| Credit institutions | 173 | €300,000 | €300,000 | = | 0.0% |
| Other loans | 174 | €202,578 | €191,992 | -€10,586 | -5.2% |
| Other amounts payable | 178/9 | €126,667 | €40,001 | -€86,666 | -68.4% |
| Amounts payable within one year | 42/48 | €1,870,208 | €1,653,188 | -€217,020 | -11.6% |
| Current portion of amounts payable after more than one year | 42 | €22,600 | €55,246 | +€32,647 | +144.5% |
| Financial debts | 43 | €224,185 | €291,007 | +€66,822 | +29.8% |
| Credit institutions | 430/8 | €224,185 | €291,007 | +€66,822 | +29.8% |
| Trade debts | 44 | €873,654 | €456,164 | -€417,490 | -47.8% |
| Suppliers | 440/4 | €873,654 | €456,164 | -€417,490 | -47.8% |
| Taxes, remuneration and social security | 45 | €153,619 | €128,658 | -€24,961 | -16.2% |
| Taxes | 450/3 | €37,000 | €41,279 | +€4,279 | +11.6% |
| Remuneration and social security | 454/9 | €116,619 | €87,379 | -€29,240 | -25.1% |
| Other amounts payable | 47/48 | €596,150 | €722,113 | +€125,963 | +21.1% |
| Accrued charges and deferred income | 492/3 | €264 | €0 | -€264 | -100.0% |
| Operating income | 70/76A | €4,508,311 | €4,476,165 | -€32,147 | -0.7% |
| Turnover | 70 | €4,522,433 | €4,416,418 | -€106,015 | -2.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€50,075 | €36,440 | +€86,515 | |
| Other operating income | 74 | €35,954 | €23,307 | -€12,647 | -35.2% |
| Operating charges | 60/66A | €4,544,949 | €4,567,945 | +€22,997 | +0.5% |
| Goods for resale, raw materials and consumables | 60 | €2,707,344 | €2,824,151 | +€116,807 | +4.3% |
| Purchases | 600/8 | €2,706,261 | €2,785,801 | +€79,540 | +2.9% |
| Change in stocks: decrease (increase) | 609 | €1,083 | €38,350 | +€37,267 | +3441.1% |
| Services and other goods | 61 | €782,807 | €600,964 | -€181,843 | -23.2% |
| Remuneration, social security and pensions | 62 | €952,190 | €1,064,141 | +€111,950 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,996 | €64,970 | +€3,974 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €41,611 | €13,719 | -€27,892 | -67.0% |
| Operating profit (loss) | 9901 | -€36,637 | -€91,781 | -€55,143 | -150.5% |
| Financial income | 75/76B | €9,521 | €37,690 | +€28,170 | +295.9% |
| Recurring financial income | 75 | €9,521 | €37,690 | +€28,170 | +295.9% |
| Income from current assets | 751 | €1,621 | €412 | -€1,209 | -74.6% |
| Other financial income | 752/9 | €7,899 | €37,278 | +€29,379 | +371.9% |
| Financial charges | 65/66B | €63,674 | €52,078 | -€11,596 | -18.2% |
| Recurring financial charges | 65 | €63,674 | €52,078 | -€11,596 | -18.2% |
| Debt charges | 650 | €40,360 | €28,553 | -€11,807 | -29.3% |
| Other financial charges | 652/9 | €23,314 | €23,525 | +€210 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€90,791 | -€106,168 | -€15,377 | -16.9% |
| Income taxes | 67/77 | €647 | €1,157 | +€510 | +78.8% |
| Taxes | 670/3 | €647 | €1,157 | +€510 | +78.8% |
| Profit (loss) for the period | 9904 | -€91,438 | -€107,325 | -€15,887 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,438 | -€107,325 | -€15,887 | -17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.