BOSSAERTS: what changed
Two financial 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
- Cash -€9,116
down €9,116 (-10.6%), from €85,601 to €76,484
mainly Net result for the year (-€21,020) and Trade debts (-€4,267)
- Stocks and contracts -€3,439
down €3,439 (-46.0%), from €7,482 to €4,043
of which Contracts in progress: -€3,538
- Receivables within one year +€2,703
up €2,703 (+29.2%), from €9,264 to €11,967
of which Trade receivables: +€3,499
- Deferred charges and accrued income -€2,278
down €2,278 (-29.8%), from €7,652 to €5,374
- Tangible fixed assets -€1,387
down €1,387 (-37.0%), from €3,748 to €2,361
of which Furniture and vehicles: -€841
- Profit (loss) carried forward -€21,020
down €21,020, from €2,392 to -€18,627
- Other debts +€11,589
up €11,589 (+109%), from €10,659 to €22,249
- Trade debts -€4,267
down €4,267 (-64.7%), from €6,591 to €2,323
- Gross operating margin -€27,260
down €27,260, from €9,743 to -€17,516
- Depreciation -€1,911
down €1,911 (-57.9%), from €3,298 to €1,387
- Taxes -€740
down €740 (-76.0%), from €974 to €234
- Financial charges -€514
down €514 (-18.4%), from €2,788 to €2,275
- Other operating charges -€442
down €442 (-38.5%), from €1,148 to €705
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.
Derived cash bridge
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 | €113,747 | €100,230 | -€13,518 | -11.9% |
| Fixed assets | 21/28 | €3,748 | €2,361 | -€1,387 | -37.0% |
| Tangible fixed assets | 22/27 | €3,748 | €2,361 | -€1,387 | -37.0% |
| Plant, machinery and equipment | 23 | €1,672 | €1,126 | -€546 | -32.6% |
| Furniture and vehicles | 24 | €2,075 | €1,235 | -€841 | -40.5% |
| Current assets | 29/58 | €110,000 | €97,869 | -€12,131 | -11.0% |
| Stocks and contracts in progress | 3 | €7,482 | €4,043 | -€3,439 | -46.0% |
| Stocks | 30/36 | €3,945 | €4,043 | +€99 | +2.5% |
| Contracts in progress | 37 | €3,538 | €0 | -€3,538 | -100% |
| Amounts receivable within one year | 40/41 | €9,264 | €11,967 | +€2,703 | +29.2% |
| Trade receivables | 40 | €5,887 | €9,386 | +€3,499 | +59.4% |
| Other amounts receivable | 41 | €3,377 | €2,580 | -€797 | -23.6% |
| Cash at bank and in hand | 54/58 | €85,601 | €76,484 | -€9,116 | -10.6% |
| Deferred charges and accrued income | 490/1 | €7,652 | €5,374 | -€2,278 | -29.8% |
| Total equity and liabilities | 10/49 | €113,747 | €100,230 | -€13,518 | -11.9% |
| Equity | 10/15 | €90,230 | €69,210 | -€21,020 | -23.3% |
| Reserves | 13 | €87,837 | €87,837 | = | 0.0% |
| Distributable reserves | 133 | €87,837 | €87,837 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,392 | -€18,627 | -€21,020 | |
| Amounts payable | 17/49 | €23,518 | €31,020 | +€7,502 | +31.9% |
| Amounts payable within one year | 42/48 | €23,518 | €31,020 | +€7,502 | +31.9% |
| Financial debts | 43 | - | €474 | +€474 | |
| Credit institutions | 430/8 | - | €474 | +€474 | |
| Trade debts | 44 | €6,591 | €2,323 | -€4,267 | -64.7% |
| Suppliers | 440/4 | €6,591 | €2,323 | -€4,267 | -64.7% |
| Taxes, remuneration and social security | 45 | €6,267 | €5,974 | -€293 | -4.7% |
| Taxes | 450/3 | €6,267 | €5,974 | -€293 | -4.7% |
| Other amounts payable | 47/48 | €10,659 | €22,249 | +€11,589 | +109% |
| Non-recurring operating income | 76A | €15,770 | €0 | -€15,770 | -100% |
| Remuneration, social security and pensions | 62 | €110 | €0 | -€110 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,298 | €1,387 | -€1,911 | -57.9% |
| Other operating charges | 640/8 | €1,148 | €705 | -€442 | -38.5% |
| Gross operating margin | 9900 | €9,743 | -€17,516 | -€27,260 | |
| Operating profit (loss) | 9901 | €5,188 | -€19,608 | -€24,797 | |
| Financial income | 75/76B | €967 | €1,097 | +€130 | +13.5% |
| Recurring financial income | 75 | €967 | €1,097 | +€130 | +13.5% |
| Financial charges | 65/66B | €2,788 | €2,275 | -€514 | -18.4% |
| Recurring financial charges | 65 | €2,788 | €2,275 | -€514 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €3,366 | -€20,786 | -€24,153 | |
| Income taxes | 67/77 | €974 | €234 | -€740 | -76.0% |
| Profit (loss) for the period | 9904 | €2,392 | -€21,020 | -€23,412 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,392 | -€21,020 | -€23,412 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.