BOZATEC: 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.
BOZATEC
Largest movements
- Tangible fixed assets +€20,782
up €20,782 (+49.2%), from €42,210 to €62,992
of which Plant, machinery and equipment: +€23,313
- Cash -€16,621
down €16,621 (-24.5%), from €67,837 to €51,217
mainly Investment in fixed assets (net) (-€33,950) and Net result for the year (-€16,222)
- Receivables within one year -€5,994
down €5,994 (-13.4%), from €44,614 to €38,621
of which Trade receivables: -€3,861
- Stocks and contracts +€4,820
new in 2025: €4,820
- Deferred charges and accrued income +€2,234
up €2,234 (+15.4%), from €14,465 to €16,699
- Profit (loss) carried forward -€14,362
down €14,362, from €4,654 to -€9,708
- Other debts +€13,297
up €13,297 (+53.8%), from €24,715 to €38,012
- Trade debts +€10,007
up €10,007 (+186%), from €5,378 to €15,385
- Reserves -€1,860
down €1,860 (-1.6%), from €113,546 to €111,686
of which Distributable reserves: -€1,860
- Tax, wage and social debts -€1,849
down €1,849 (-55.0%), from €3,361 to €1,512
of which Remuneration and social security: -€2,119
- Gross operating margin -€45,486
down €45,486, from €45,211 to -€276
- Write-downs -€6,000
down €6,000, from €3,000 to -€3,000
- Taxes -€5,475
down €5,475 (-97.6%), from €5,611 to €137
- Depreciation -€3,838
down €3,838 (-22.6%), from €17,007 to €13,169
- Financial charges -€1,983
down €1,983 (-93.6%), from €2,118 to €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 | €170,334 | €175,555 | +€5,221 | +3.1% |
| Fixed assets | 21/28 | €42,270 | €63,051 | +€20,782 | +49.2% |
| Tangible fixed assets | 22/27 | €42,210 | €62,992 | +€20,782 | +49.2% |
| Plant, machinery and equipment | 23 | €22,525 | €45,838 | +€23,313 | +104% |
| Furniture and vehicles | 24 | €7,549 | €6,836 | -€713 | -9.4% |
| Other tangible fixed assets | 26 | €12,137 | €10,318 | -€1,819 | -15.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €128,064 | €112,503 | -€15,561 | -12.2% |
| Stocks and contracts in progress | 3 | - | €4,820 | +€4,820 | |
| Stocks | 30/36 | - | €4,820 | +€4,820 | |
| Amounts receivable within one year | 40/41 | €44,614 | €38,621 | -€5,994 | -13.4% |
| Trade receivables | 40 | €40,802 | €36,942 | -€3,861 | -9.5% |
| Other amounts receivable | 41 | €3,812 | €1,679 | -€2,133 | -55.9% |
| Current investments | 50/53 | €1,147 | €1,147 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,837 | €51,217 | -€16,621 | -24.5% |
| Deferred charges and accrued income | 490/1 | €14,465 | €16,699 | +€2,234 | +15.4% |
| Total equity and liabilities | 10/49 | €170,334 | €175,555 | +€5,221 | +3.1% |
| Equity | 10/15 | €136,800 | €120,578 | -€16,222 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,546 | €111,686 | -€1,860 | -1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €10,915 | €10,915 | = | 0.0% |
| Distributable reserves | 133 | €102,631 | €100,771 | -€1,860 | -1.8% |
| Profit (loss) carried forward | 14 | €4,654 | -€9,708 | -€14,362 | |
| Amounts payable | 17/49 | €33,534 | €54,977 | +€21,443 | +63.9% |
| Amounts payable within one year | 42/48 | €33,453 | €54,908 | +€21,455 | +64.1% |
| Trade debts | 44 | €5,378 | €15,385 | +€10,007 | +186% |
| Suppliers | 440/4 | €5,378 | €15,385 | +€10,007 | +186% |
| Taxes, remuneration and social security | 45 | €3,361 | €1,512 | -€1,849 | -55.0% |
| Taxes | 450/3 | €1,242 | €1,512 | +€270 | +21.7% |
| Remuneration and social security | 454/9 | €2,119 | €0 | -€2,119 | -100% |
| Other amounts payable | 47/48 | €24,715 | €38,012 | +€13,297 | +53.8% |
| Accrued charges and deferred income | 492/3 | €80 | €68 | -€12 | -14.8% |
| Non-recurring operating income | 76A | €0 | €10,687 | +€10,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,007 | €13,169 | -€3,838 | -22.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,000 | -€3,000 | -€6,000 | |
| Other operating charges | 640/8 | €3,141 | €5,023 | +€1,882 | +59.9% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | €45,211 | -€276 | -€45,486 | |
| Operating profit (loss) | 9901 | €22,063 | -€15,968 | -€38,030 | |
| Financial income | 75/76B | €13 | €17 | +€4 | +29.6% |
| Recurring financial income | 75 | €13 | €17 | +€4 | +29.6% |
| Financial charges | 65/66B | €2,118 | €135 | -€1,983 | -93.6% |
| Recurring financial charges | 65 | €2,118 | €135 | -€1,983 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €19,958 | -€16,085 | -€36,043 | |
| Income taxes | 67/77 | €5,611 | €137 | -€5,475 | -97.6% |
| Profit (loss) for the period | 9904 | €14,347 | -€16,222 | -€30,569 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,347 | -€16,222 | -€30,569 |
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 27 October 2026 via checked.be.