BOZALT: 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.
BOZALT
Largest movements
- Stocks and contracts +€21,096
up €21,096 (+17.9%), from €117,783 to €138,879
- Cash +€18,698
up €18,698 (+93.5%), from €20,007 to €38,705
mainly Net result for the year (+€25,318) and Trade debts (+€24,929)
- Receivables within one year +€6,629
up €6,629 (+76.4%), from €8,678 to €15,306
of which Other amounts receivable: +€5,920
- Profit (loss) carried forward +€25,318
up €25,318 (+96.4%), from €26,260 to €51,579
- Trade debts +€24,929
up €24,929 (+49.4%), from €50,415 to €75,345
- Turnover +€484,796
up €484,796 (+23.5%), from €2.1m to €2.6m
- Purchases and services +€469,448
up €469,448 (+23.2%), from €2.0m to €2.5m
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 | €150,171 | €198,135 | +€47,963 | +31.9% |
| Fixed assets | 21/28 | €2,459 | €3,968 | +€1,508 | +61.3% |
| Tangible fixed assets | 22/27 | €659 | €2,168 | +€1,508 | +229% |
| Plant, machinery and equipment | 23 | €659 | €2,168 | +€1,508 | +229% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €147,712 | €194,167 | +€46,455 | +31.4% |
| Stocks and contracts in progress | 3 | €117,783 | €138,879 | +€21,096 | +17.9% |
| Stocks | 30/36 | €117,783 | €138,879 | +€21,096 | +17.9% |
| Amounts receivable within one year | 40/41 | €8,678 | €15,306 | +€6,629 | +76.4% |
| Trade receivables | 40 | €6,022 | €6,732 | +€709 | +11.8% |
| Other amounts receivable | 41 | €2,655 | €8,575 | +€5,920 | +223% |
| Cash at bank and in hand | 54/58 | €20,007 | €38,705 | +€18,698 | +93.5% |
| Deferred charges and accrued income | 490/1 | €1,244 | €1,277 | +€33 | +2.6% |
| Total equity and liabilities | 10/49 | €150,171 | €198,135 | +€47,963 | +31.9% |
| Equity | 10/15 | €46,260 | €71,579 | +€25,318 | +54.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,260 | €51,579 | +€25,318 | +96.4% |
| Amounts payable | 17/49 | €103,911 | €126,556 | +€22,645 | +21.8% |
| Amounts payable within one year | 42/48 | €103,911 | €126,556 | +€22,645 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €925 | - | -€925 | |
| Trade debts | 44 | €50,415 | €75,345 | +€24,929 | +49.4% |
| Suppliers | 440/4 | €50,415 | €75,345 | +€24,929 | +49.4% |
| Taxes, remuneration and social security | 45 | €28,552 | €27,192 | -€1,360 | -4.8% |
| Taxes | 450/3 | €8,774 | €14,456 | +€5,681 | +64.8% |
| Remuneration and social security | 454/9 | €19,778 | €12,736 | -€7,041 | -35.6% |
| Other amounts payable | 47/48 | €24,019 | €24,019 | = | 0.0% |
| Turnover | 70 | €2,065,546 | €2,550,342 | +€484,796 | +23.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,022,387 | €2,491,835 | +€469,448 | +23.2% |
| Remuneration, social security and pensions | 62 | €56,819 | €51,592 | -€5,227 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,680 | €866 | -€5,814 | -87.0% |
| Other operating charges | 640/8 | €8,600 | €2,118 | -€6,482 | -75.4% |
| Non-recurring operating charges | 66A | €5,919 | - | -€5,919 | |
| Gross operating margin | 9900 | €90,872 | €89,417 | -€1,455 | -1.6% |
| Operating profit (loss) | 9901 | €12,854 | €34,841 | +€21,986 | +171% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €633 | -€592 | -€1,225 | |
| Recurring financial charges | 65 | €633 | -€592 | -€1,225 | |
| Profit (loss) for the period before taxes | 9903 | €12,222 | €35,433 | +€23,211 | +190% |
| Income taxes | 67/77 | €4,800 | €10,114 | +€5,315 | +111% |
| Profit (loss) for the period | 9904 | €7,422 | €25,318 | +€17,896 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €7,422 | €25,318 | +€17,896 | +241% |
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 26 October 2026 via checked.be.