BOZARS: 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.
BOZARS
Largest movements
- Receivables within one year +€31,097
up €31,097 (+106%), from €29,258 to €60,355
- Cash +€17,596
up €17,596 (+50.4%), from €34,902 to €52,498
mainly Net result for the year (+€53,500) and Tax, wage and social debts (+€3,568)
- Profit (loss) carried forward +€53,500
up €53,500 (+150%), from €35,574 to €89,074
- Trade debts -€7,549
down €7,549 (-81.4%), from €9,275 to €1,726
- Tax, wage and social debts +€3,568
up €3,568 (+18.5%), from €19,311 to €22,879
of which Remuneration and social security: +€4,032
- Gross operating margin +€20,915
up €20,915 (+43.3%), from €48,279 to €69,194
- Taxes +€1,526
up €1,526 (+12.7%), from €11,981 to €13,507
- Other operating charges +€1,411
up €1,411 (+195%), from €725 to €2,135
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 | €64,160 | €113,679 | +€49,519 | +77.2% |
| Fixed assets | 21/28 | - | €826 | +€826 | |
| Tangible fixed assets | 22/27 | - | €826 | +€826 | |
| Furniture and vehicles | 24 | - | €826 | +€826 | |
| Current assets | 29/58 | €64,160 | €112,853 | +€48,693 | +75.9% |
| Amounts receivable within one year | 40/41 | €29,258 | €60,355 | +€31,097 | +106% |
| Trade receivables | 40 | €29,258 | €60,355 | +€31,097 | +106% |
| Cash at bank and in hand | 54/58 | €34,902 | €52,498 | +€17,596 | +50.4% |
| Total equity and liabilities | 10/49 | €64,160 | €113,679 | +€49,519 | +77.2% |
| Equity | 10/15 | €35,574 | €89,074 | +€53,500 | +150% |
| Profit (loss) carried forward | 14 | €35,574 | €89,074 | +€53,500 | +150% |
| Amounts payable | 17/49 | €28,586 | €24,605 | -€3,981 | -13.9% |
| Amounts payable within one year | 42/48 | €28,586 | €24,605 | -€3,981 | -13.9% |
| Trade debts | 44 | €9,275 | €1,726 | -€7,549 | -81.4% |
| Suppliers | 440/4 | €9,275 | €1,726 | -€7,549 | -81.4% |
| Taxes, remuneration and social security | 45 | €19,311 | €22,879 | +€3,568 | +18.5% |
| Taxes | 450/3 | €16,554 | €16,090 | -€464 | -2.8% |
| Remuneration and social security | 454/9 | €2,757 | €6,789 | +€4,032 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €13 | +€13 | |
| Other operating charges | 640/8 | €725 | €2,135 | +€1,411 | +195% |
| Gross operating margin | 9900 | €48,279 | €69,194 | +€20,915 | +43.3% |
| Operating profit (loss) | 9901 | €47,554 | €67,046 | +€19,492 | +41.0% |
| Financial charges | 65/66B | - | €39 | +€39 | |
| Recurring financial charges | 65 | - | €39 | +€39 | |
| Profit (loss) for the period before taxes | 9903 | €47,554 | €67,007 | +€19,452 | +40.9% |
| Income taxes | 67/77 | €11,981 | €13,507 | +€1,526 | +12.7% |
| Profit (loss) for the period | 9904 | €35,574 | €53,500 | +€17,927 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,574 | €53,500 | +€17,927 | +50.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.