BOZ: 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.
BOZ
Largest movements
- Cash -€168,023
down €168,023 (-32.8%), from €511,945 to €343,922
mainly Net result for the year (-€108,241) and Receivables within one year (-€26,586)
- Receivables within one year +€26,586
up €26,586 (+167%), from €15,967 to €42,554
of which Other amounts receivable: +€37,306
- Profit (loss) carried forward -€108,241
down €108,241 (-22.5%), from €481,055 to €372,814
- Other debts -€26,126
down €26,126 (-92.8%), from €28,155 to €2,029
- Trade debts -€7,717
down €7,717 (-100%), from €7,717 to €0
- Gross operating margin -€48,584
down €48,584 (-99.0%), from -€49,052 to -€97,637
- Other operating charges +€8,414
up €8,414 (+1,574%), from €534 to €8,948
- Taxes +€1,171
up €1,171, from €0 to €1,171
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 | €528,312 | €386,475 | -€141,837 | -26.8% |
| Fixed assets | 21/28 | €400 | €0 | -€400 | -100% |
| Financial fixed assets | 28 | €400 | €0 | -€400 | -100% |
| Current assets | 29/58 | €527,912 | €386,475 | -€141,437 | -26.8% |
| Amounts receivable within one year | 40/41 | €15,967 | €42,554 | +€26,586 | +167% |
| Trade receivables | 40 | €11,090 | €371 | -€10,719 | -96.7% |
| Other amounts receivable | 41 | €4,877 | €42,183 | +€37,306 | +765% |
| Cash at bank and in hand | 54/58 | €511,945 | €343,922 | -€168,023 | -32.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €528,312 | €386,475 | -€141,837 | -26.8% |
| Equity | 10/15 | €489,115 | €380,874 | -€108,241 | -22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €481,055 | €372,814 | -€108,241 | -22.5% |
| Amounts payable | 17/49 | €39,197 | €5,601 | -€33,596 | -85.7% |
| Amounts payable within one year | 42/48 | €35,872 | €2,029 | -€33,843 | -94.3% |
| Trade debts | 44 | €7,717 | €0 | -€7,717 | -100% |
| Suppliers | 440/4 | €7,717 | €0 | -€7,717 | -100% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,155 | €2,029 | -€26,126 | -92.8% |
| Accrued charges and deferred income | 492/3 | €3,325 | €3,572 | +€247 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €534 | €8,948 | +€8,414 | +1,574% |
| Non-recurring operating charges | 66A | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€49,052 | -€97,637 | -€48,584 | -99.0% |
| Operating profit (loss) | 9901 | -€49,587 | -€106,985 | -€57,398 | -116% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €53 | €84 | +€31 | +58.5% |
| Recurring financial charges | 65 | €53 | €84 | +€31 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€49,639 | -€107,069 | -€57,430 | -116% |
| Income taxes | 67/77 | €0 | €1,171 | +€1,171 | |
| Profit (loss) for the period | 9904 | -€49,639 | -€108,241 | -€58,601 | -118% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,639 | -€108,241 | -€58,601 | -118% |
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 14 October 2026 via checked.be.