DE BOL: 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.
DE BOL
Largest movements
- Tangible fixed assets +€118,316
up €118,316 (+22.7%), from €520,934 to €639,250
of which Furniture and vehicles: +€62,033
- Receivables within one year -€83,177
down €83,177 (-43.3%), from €191,968 to €108,790
of which Trade receivables: -€97,689
- Stocks and contracts +€9,875
new in 2025: €9,875
- Debts after one year +€118,809
up €118,809 (+45.2%), from €263,130 to €381,939
- Reserves -€64,000
down €64,000 (-50.8%), from €126,000 to €62,000
- Trade debts -€35,681
down €35,681 (-23.8%), from €150,018 to €114,337
- Accrued charges and deferred income -€27,270
down €27,270 (-97.4%), from €28,000 to €730
- Other debts +€24,756
up €24,756 (+1687.0%), from €1,467 to €26,223
- Gross operating margin -€18,537
down €18,537 (-13.0%), from €142,680 to €124,143
- Depreciation +€17,468
up €17,468 (+56.2%), from €31,073 to €48,540
- Taxes -€7,630
down €7,630 (-31.5%), from €24,232 to €16,602
- Financial charges +€6,138
up €6,138 (+71.9%), from €8,541 to €14,679
- Other operating charges +€3,095
up €3,095 (+65.1%), from €4,758 to €7,854
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 | €714,434 | €771,626 | +€57,192 | +8.0% |
| Fixed assets | 21/28 | €520,934 | €643,998 | +€123,064 | +23.6% |
| Intangible fixed assets | 21 | - | €4,748 | +€4,748 | |
| Tangible fixed assets | 22/27 | €520,934 | €639,250 | +€118,316 | +22.7% |
| Land and buildings | 22 | €500,110 | €478,494 | -€21,616 | -4.3% |
| Plant, machinery and equipment | 23 | - | €36,426 | +€36,426 | |
| Furniture and vehicles | 24 | €6,904 | €68,937 | +€62,033 | +898.5% |
| Leasing and similar rights | 25 | €13,920 | €0 | -€13,920 | -100.0% |
| Other tangible fixed assets | 26 | - | €55,393 | +€55,393 | |
| Current assets | 29/58 | €193,500 | €127,628 | -€65,872 | -34.0% |
| Stocks and contracts in progress | 3 | - | €9,875 | +€9,875 | |
| Stocks | 30/36 | - | €9,875 | +€9,875 | |
| Amounts receivable within one year | 40/41 | €191,968 | €108,790 | -€83,177 | -43.3% |
| Trade receivables | 40 | €191,968 | €94,278 | -€97,689 | -50.9% |
| Other amounts receivable | 41 | €0 | €14,512 | +€14,512 | |
| Cash at bank and in hand | 54/58 | €156 | €7,813 | +€7,658 | +4923.0% |
| Deferred charges and accrued income | 490/1 | €1,377 | €1,150 | -€227 | -16.5% |
| Total equity and liabilities | 10/49 | €714,434 | €771,626 | +€57,192 | +8.0% |
| Equity | 10/15 | €145,114 | €81,581 | -€63,532 | -43.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,000 | €62,000 | -€64,000 | -50.8% |
| Distributable reserves | 133 | €126,000 | €62,000 | -€64,000 | -50.8% |
| Profit (loss) carried forward | 14 | €514 | €981 | +€468 | +91.0% |
| Amounts payable | 17/49 | €569,320 | €690,045 | +€120,724 | +21.2% |
| Amounts payable after more than one year | 17 | €263,130 | €381,939 | +€118,809 | +45.2% |
| Financial debts | 170/4 | €263,130 | €381,939 | +€118,809 | +45.2% |
| Amounts payable within one year | 42/48 | €278,190 | €307,375 | +€29,185 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €26,225 | €49,212 | +€22,987 | +87.7% |
| Financial debts | 43 | €37,893 | €58,963 | +€21,070 | +55.6% |
| Credit institutions | 430/8 | €37,893 | €58,963 | +€21,070 | +55.6% |
| Trade debts | 44 | €150,018 | €114,337 | -€35,681 | -23.8% |
| Suppliers | 440/4 | €150,018 | €114,337 | -€35,681 | -23.8% |
| Advances received on contracts in progress | 46 | - | €7,865 | +€7,865 | |
| Taxes, remuneration and social security | 45 | €62,587 | €50,775 | -€11,813 | -18.9% |
| Taxes | 450/3 | €62,587 | €50,775 | -€11,813 | -18.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,467 | €26,223 | +€24,756 | +1687.0% |
| Accrued charges and deferred income | 492/3 | €28,000 | €730 | -€27,270 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,073 | €48,540 | +€17,468 | +56.2% |
| Other operating charges | 640/8 | €4,758 | €7,854 | +€3,095 | +65.1% |
| Gross operating margin | 9900 | €142,680 | €124,143 | -€18,537 | -13.0% |
| Operating profit (loss) | 9901 | €106,849 | €67,749 | -€39,100 | -36.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,541 | €14,679 | +€6,138 | +71.9% |
| Recurring financial charges | 65 | €8,541 | €14,679 | +€6,138 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | €98,308 | €53,070 | -€45,238 | -46.0% |
| Income taxes | 67/77 | €24,232 | €16,602 | -€7,630 | -31.5% |
| Profit (loss) for the period | 9904 | €74,076 | €36,468 | -€37,608 | -50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,076 | €36,468 | -€37,608 | -50.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.