BOSRAND: 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.
BOSRAND
Largest movements
- Tangible fixed assets +€148,467
up €148,467 (+29.1%), from €510,070 to €658,538
of which Plant, machinery and equipment: +€94,208
- Receivables within one year +€36,852
up €36,852 (+93.0%), from €39,627 to €76,479
of which Other amounts receivable: +€49,172
- Current investments -€29,188
down €29,188 (-3.3%), from €893,970 to €864,782
- Debts after one year +€96,977
up €96,977 (+45.9%), from €211,067 to €308,044
- Reserves +€63,000
up €63,000 (+7.4%), from €849,200 to €912,200
of which Distributable reserves: +€63,000
- Accrued charges and deferred income -€19,530
down €19,530 (-78.8%), from €24,791 to €5,261
- Current portion of long-term debt +€18,228
up €18,228 (+34.7%), from €52,465 to €70,693
- Financial income +€23,713
up €23,713 (+153.8%), from €15,413 to €39,126
- Gross operating margin +€20,902
up €20,902 (+2.6%), from €808,482 to €829,384
- Staff costs +€18,342
up €18,342 (+4.7%), from €387,492 to €405,834
- Financial charges +€8,542
up €8,542 (+13.7%), from €62,432 to €70,974
- Taxes -€8,352
down €8,352 (-8.5%), from €98,769 to €90,417
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 | €1,525,893 | €1,684,496 | +€158,603 | +10.4% |
| Fixed assets | 21/28 | €510,520 | €658,988 | +€148,467 | +29.1% |
| Tangible fixed assets | 22/27 | €510,070 | €658,538 | +€148,467 | +29.1% |
| Land and buildings | 22 | €366,174 | €410,778 | +€44,605 | +12.2% |
| Plant, machinery and equipment | 23 | €108,368 | €202,576 | +€94,208 | +86.9% |
| Furniture and vehicles | 24 | €35,529 | €45,183 | +€9,655 | +27.2% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €1,015,373 | €1,025,508 | +€10,136 | +1.0% |
| Stocks and contracts in progress | 3 | €38,942 | €38,123 | -€819 | -2.1% |
| Stocks | 30/36 | €38,942 | €38,123 | -€819 | -2.1% |
| Amounts receivable within one year | 40/41 | €39,627 | €76,479 | +€36,852 | +93.0% |
| Trade receivables | 40 | €12,320 | - | -€12,320 | |
| Other amounts receivable | 41 | €27,306 | €76,479 | +€49,172 | +180.1% |
| Current investments | 50/53 | €893,970 | €864,782 | -€29,188 | -3.3% |
| Cash at bank and in hand | 54/58 | €29,344 | €33,861 | +€4,517 | +15.4% |
| Deferred charges and accrued income | 490/1 | €13,490 | €12,265 | -€1,225 | -9.1% |
| Total equity and liabilities | 10/49 | €1,525,893 | €1,684,496 | +€158,603 | +10.4% |
| Equity | 10/15 | €1,021,040 | €1,084,423 | +€63,383 | +6.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €849,200 | €912,200 | +€63,000 | +7.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €843,000 | €906,000 | +€63,000 | +7.5% |
| Profit (loss) carried forward | 14 | €109,840 | €110,223 | +€383 | +0.3% |
| Amounts payable | 17/49 | €504,852 | €600,073 | +€95,220 | +18.9% |
| Amounts payable after more than one year | 17 | €211,067 | €308,044 | +€96,977 | +45.9% |
| Financial debts | 170/4 | €211,067 | €308,044 | +€96,977 | +45.9% |
| Amounts payable within one year | 42/48 | €268,995 | €286,768 | +€17,773 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €52,465 | €70,693 | +€18,228 | +34.7% |
| Financial debts | 43 | €112,906 | €102,575 | -€10,331 | -9.2% |
| Credit institutions | 430/8 | €112,906 | €102,575 | -€10,331 | -9.2% |
| Trade debts | 44 | €46,658 | €52,851 | +€6,193 | +13.3% |
| Suppliers | 440/4 | €46,658 | €52,851 | +€6,193 | +13.3% |
| Taxes, remuneration and social security | 45 | €6,966 | €649 | -€6,317 | -90.7% |
| Taxes | 450/3 | €6,966 | €649 | -€6,317 | -90.7% |
| Other amounts payable | 47/48 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €24,791 | €5,261 | -€19,530 | -78.8% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €387,492 | €405,834 | +€18,342 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,461 | €44,298 | +€1,838 | +4.3% |
| Other operating charges | 640/8 | €3,158 | €3,568 | +€410 | +13.0% |
| Non-recurring operating charges | 66A | - | €15,036 | +€15,036 | |
| Gross operating margin | 9900 | €808,482 | €829,384 | +€20,902 | +2.6% |
| Operating profit (loss) | 9901 | €375,372 | €360,648 | -€14,724 | -3.9% |
| Financial income | 75/76B | €15,413 | €39,126 | +€23,713 | +153.8% |
| Recurring financial income | 75 | €15,413 | €39,126 | +€23,713 | +153.8% |
| Financial charges | 65/66B | €62,432 | €70,974 | +€8,542 | +13.7% |
| Recurring financial charges | 65 | €62,432 | €70,974 | +€8,542 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €328,353 | €328,800 | +€447 | +0.1% |
| Income taxes | 67/77 | €98,769 | €90,417 | -€8,352 | -8.5% |
| Profit (loss) for the period | 9904 | €229,583 | €238,383 | +€8,799 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €229,583 | €238,383 | +€8,799 | +3.8% |
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 5 October 2026 via checked.be.