BOSVAN: 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.
BOSVAN
Largest movements
- Tangible fixed assets +€286,918
up €286,918 (+106.5%), from €269,284 to €556,202
of which Land and buildings: +€295,318
- Cash +€23,444
up €23,444 (+300.3%), from €7,807 to €31,251
mainly Contributions, distributions and other (+€296,000) and Net result for the year (+€52,417)
- Contributions +€311,000
up €311,000 (+1676.5%), from €18,550 to €329,550
- Reserves +€37,417
up €37,417 (+93.8%), from €39,904 to €77,320
- Other debts -€18,111
down €18,111 (-26.1%), from €69,467 to €51,356
- Debts after one year -€14,566
down €14,566 (-11.3%), from €128,493 to €113,927
- Current portion of long-term debt -€8,567
down €8,567 (-38.0%), from €22,549 to €13,982
- Gross operating margin +€18,206
up €18,206 (+21.5%), from €84,760 to €102,966
- Taxes +€10,721
up €10,721 (+110.3%), from €9,722 to €20,443
- Financial charges -€1,800
down €1,800 (-30.9%), from €5,831 to €4,032
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 | €292,549 | €608,467 | +€315,918 | +108.0% |
| Fixed assets | 21/28 | €269,284 | €556,202 | +€286,918 | +106.5% |
| Tangible fixed assets | 22/27 | €269,284 | €556,202 | +€286,918 | +106.5% |
| Land and buildings | 22 | €260,884 | €556,202 | +€295,318 | +113.2% |
| Furniture and vehicles | 24 | €8,400 | €0 | -€8,400 | -100.0% |
| Current assets | 29/58 | €23,265 | €52,265 | +€29,000 | +124.7% |
| Amounts receivable within one year | 40/41 | €14,499 | €17,471 | +€2,972 | +20.5% |
| Trade receivables | 40 | €11,070 | €16,319 | +€5,249 | +47.4% |
| Other amounts receivable | 41 | €3,430 | €1,152 | -€2,278 | -66.4% |
| Cash at bank and in hand | 54/58 | €7,807 | €31,251 | +€23,444 | +300.3% |
| Deferred charges and accrued income | 490/1 | €958 | €3,542 | +€2,584 | +269.8% |
| Total equity and liabilities | 10/49 | €292,549 | €608,467 | +€315,918 | +108.0% |
| Equity | 10/15 | €58,454 | €406,870 | +€348,417 | +596.1% |
| Contributions | 10/11 | €18,550 | €329,550 | +€311,000 | +1676.5% |
| Reserves | 13 | €39,904 | €77,320 | +€37,417 | +93.8% |
| Distributable reserves | 133 | €39,904 | €77,320 | +€37,417 | +93.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €234,095 | €201,597 | -€32,498 | -13.9% |
| Amounts payable after more than one year | 17 | €128,493 | €113,927 | -€14,566 | -11.3% |
| Financial debts | 170/4 | €128,493 | €113,927 | -€14,566 | -11.3% |
| Amounts payable within one year | 42/48 | €100,619 | €78,867 | -€21,752 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €22,549 | €13,982 | -€8,567 | -38.0% |
| Trade debts | 44 | €571 | €732 | +€162 | +28.3% |
| Suppliers | 440/4 | €571 | €732 | +€162 | +28.3% |
| Taxes, remuneration and social security | 45 | €8,032 | €12,797 | +€4,764 | +59.3% |
| Taxes | 450/3 | €5,382 | €12,147 | +€6,764 | +125.7% |
| Remuneration and social security | 454/9 | €2,650 | €650 | -€2,000 | -75.5% |
| Other amounts payable | 47/48 | €69,467 | €51,356 | -€18,111 | -26.1% |
| Accrued charges and deferred income | 492/3 | €4,983 | €8,803 | +€3,819 | +76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,176 | €24,082 | +€906 | +3.9% |
| Other operating charges | 640/8 | €1,754 | €1,992 | +€239 | +13.6% |
| Gross operating margin | 9900 | €84,760 | €102,966 | +€18,206 | +21.5% |
| Operating profit (loss) | 9901 | €59,830 | €76,892 | +€17,061 | +28.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €5,831 | €4,032 | -€1,800 | -30.9% |
| Recurring financial charges | 65 | €5,831 | €4,032 | -€1,800 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €53,999 | €72,860 | +€18,861 | +34.9% |
| Income taxes | 67/77 | €9,722 | €20,443 | +€10,721 | +110.3% |
| Profit (loss) for the period | 9904 | €44,277 | €52,417 | +€8,140 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,277 | €52,417 | +€8,140 | +18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.