BOSSAERTS: 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.
BOSSAERTS
Largest movements
- Receivables within one year +€15,101
up €15,101 (+23.3%), from €64,676 to €79,777
of which Other amounts receivable: +€9,536
- Tangible fixed assets -€4,392
down €4,392 (-1.9%), from €228,678 to €224,285
of which Furniture and vehicles: -€11,169
- Current portion of long-term debt +€32,532
up €32,532 (+50.4%), from €64,539 to €97,070
- Debts after one year -€19,633
down €19,633 (-37.2%), from €52,782 to €33,149
- Gross operating margin -€70,753
down €70,753 (-58.5%), from €120,994 to €50,241
- Staff costs -€63,483
down €63,483 (-66.1%), from €96,007 to €32,524
- Turnover -€50,937
down €50,937 (-17.5%), from €290,673 to €239,736
- Purchases and services +€19,815
up €19,815 (+11.7%), from €169,679 to €189,494
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 | €303,941 | €314,470 | +€10,528 | +3.5% |
| Fixed assets | 21/28 | €228,728 | €224,335 | -€4,392 | -1.9% |
| Tangible fixed assets | 22/27 | €228,678 | €224,285 | -€4,392 | -1.9% |
| Land and buildings | 22 | €191,328 | €198,319 | +€6,991 | +3.7% |
| Plant, machinery and equipment | 23 | €1,218 | €1,003 | -€215 | -17.6% |
| Furniture and vehicles | 24 | €36,132 | €24,963 | -€11,169 | -30.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €75,214 | €90,135 | +€14,921 | +19.8% |
| Stocks and contracts in progress | 3 | €2,504 | €5,353 | +€2,848 | +113.7% |
| Stocks | 30/36 | €2,504 | €5,353 | +€2,848 | +113.7% |
| Amounts receivable within one year | 40/41 | €64,676 | €79,777 | +€15,101 | +23.3% |
| Trade receivables | 40 | €42,081 | €47,646 | +€5,565 | +13.2% |
| Other amounts receivable | 41 | €22,595 | €32,130 | +€9,536 | +42.2% |
| Cash at bank and in hand | 54/58 | €8,034 | €5,005 | -€3,029 | -37.7% |
| Total equity and liabilities | 10/49 | €303,941 | €314,470 | +€10,528 | +3.5% |
| Equity | 10/15 | €170,634 | €171,111 | +€478 | +0.3% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,434 | €102,911 | +€478 | +0.5% |
| Amounts payable | 17/49 | €133,308 | €143,358 | +€10,050 | +7.5% |
| Amounts payable after more than one year | 17 | €52,782 | €33,149 | -€19,633 | -37.2% |
| Financial debts | 170/4 | €52,782 | €33,149 | -€19,633 | -37.2% |
| Amounts payable within one year | 42/48 | €80,526 | €110,209 | +€29,683 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €64,539 | €97,070 | +€32,532 | +50.4% |
| Trade debts | 44 | €13,619 | €13,139 | -€480 | -3.5% |
| Suppliers | 440/4 | €13,619 | €13,139 | -€480 | -3.5% |
| Taxes, remuneration and social security | 45 | €2,368 | - | -€2,368 | |
| Taxes | 450/3 | €508 | - | -€508 | |
| Remuneration and social security | 454/9 | €1,860 | - | -€1,860 | |
| Turnover | 70 | €290,673 | €239,736 | -€50,937 | -17.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €169,679 | €189,494 | +€19,815 | +11.7% |
| Remuneration, social security and pensions | 62 | €96,007 | €32,524 | -€63,483 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,981 | €14,981 | = | 0.0% |
| Other operating charges | 640/8 | €1,542 | €1,451 | -€92 | -5.9% |
| Gross operating margin | 9900 | €120,994 | €50,241 | -€70,753 | -58.5% |
| Operating profit (loss) | 9901 | €8,465 | €1,286 | -€7,178 | -84.8% |
| Financial charges | 65/66B | €1,024 | €808 | -€216 | -21.1% |
| Recurring financial charges | 65 | €1,024 | €808 | -€216 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €7,441 | €478 | -€6,963 | -93.6% |
| Profit (loss) for the period | 9904 | €7,441 | €478 | -€6,963 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,441 | €478 | -€6,963 | -93.6% |
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 4 October 2026 via checked.be.