F. BOSCH: 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.
F. BOSCH
Largest movements
- Stocks and contracts +€20,582
up €20,582 (+703.5%), from €2,926 to €23,507
- Receivables within one year -€6,487
down €6,487 (-6.7%), from €97,231 to €90,743
of which Trade receivables: -€9,158
- Intangible fixed assets +€4,153
new in 2025: €4,153
- Cash -€2,517
down €2,517 (-15.4%), from €16,383 to €13,866
mainly Stocks and contracts (-€20,582) and Investment in fixed assets (net) (-€16,380)
- Other debts +€9,735
new in 2025: €9,735
- Reserves +€5,704
up €5,704 (+5.6%), from €102,760 to €108,464
- Trade debts +€2,977
up €2,977 (+43.3%), from €6,868 to €9,844
- Tax, wage and social debts -€1,631
down €1,631 (-43.5%), from €3,752 to €2,121
- Gross operating margin -€11,290
down €11,290 (-36.1%), from €31,282 to €19,992
- Other operating charges -€4,036
down €4,036 (-78.6%), from €5,133 to €1,098
- Depreciation +€1,910
up €1,910 (+20.3%), from €9,403 to €11,312
- Taxes -€1,657
down €1,657 (-46.9%), from €3,532 to €1,875
- Financial charges -€1,186
down €1,186 (-99.8%), from €1,189 to €3
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 | €135,518 | €152,164 | +€16,646 | +12.3% |
| Fixed assets | 21/28 | €18,980 | €24,047 | +€5,068 | +26.7% |
| Intangible fixed assets | 21 | - | €4,153 | +€4,153 | |
| Tangible fixed assets | 22/27 | €18,470 | €19,384 | +€915 | +5.0% |
| Plant, machinery and equipment | 23 | €3,272 | €14,032 | +€10,761 | +328.9% |
| Furniture and vehicles | 24 | €15,198 | €5,352 | -€9,846 | -64.8% |
| Financial fixed assets | 28 | €510 | €510 | = | 0.0% |
| Current assets | 29/58 | €116,539 | €128,117 | +€11,578 | +9.9% |
| Stocks and contracts in progress | 3 | €2,926 | €23,507 | +€20,582 | +703.5% |
| Stocks | 30/36 | €2,926 | €23,507 | +€20,582 | +703.5% |
| Amounts receivable within one year | 40/41 | €97,231 | €90,743 | -€6,487 | -6.7% |
| Trade receivables | 40 | €90,781 | €81,623 | -€9,158 | -10.1% |
| Other amounts receivable | 41 | €6,450 | €9,120 | +€2,671 | +41.4% |
| Cash at bank and in hand | 54/58 | €16,383 | €13,866 | -€2,517 | -15.4% |
| Total equity and liabilities | 10/49 | €135,518 | €152,164 | +€16,646 | +12.3% |
| Equity | 10/15 | €124,760 | €130,464 | +€5,704 | +4.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €102,760 | €108,464 | +€5,704 | +5.6% |
| Distributable reserves | 133 | €102,760 | €108,464 | +€5,704 | +5.6% |
| Amounts payable | 17/49 | €10,759 | €21,701 | +€10,942 | +101.7% |
| Amounts payable after more than one year | 17 | €139 | - | -€139 | |
| Other amounts payable | 178/9 | €139 | - | -€139 | |
| Amounts payable within one year | 42/48 | €10,620 | €21,701 | +€11,081 | +104.3% |
| Trade debts | 44 | €6,868 | €9,844 | +€2,977 | +43.3% |
| Suppliers | 440/4 | €6,868 | €9,844 | +€2,977 | +43.3% |
| Taxes, remuneration and social security | 45 | €3,752 | €2,121 | -€1,631 | -43.5% |
| Taxes | 450/3 | €3,752 | €2,121 | -€1,631 | -43.5% |
| Other amounts payable | 47/48 | - | €9,735 | +€9,735 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,403 | €11,312 | +€1,910 | +20.3% |
| Other operating charges | 640/8 | €5,133 | €1,098 | -€4,036 | -78.6% |
| Gross operating margin | 9900 | €31,282 | €19,992 | -€11,290 | -36.1% |
| Operating profit (loss) | 9901 | €16,746 | €7,582 | -€9,164 | -54.7% |
| Financial income | 75/76B | €771 | - | -€771 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Non-recurring financial income | 76B | €740 | - | -€740 | |
| Financial charges | 65/66B | €1,189 | €3 | -€1,186 | -99.8% |
| Recurring financial charges | 65 | €1,189 | €3 | -€1,186 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | €16,328 | €7,579 | -€8,749 | -53.6% |
| Income taxes | 67/77 | €3,532 | €1,875 | -€1,657 | -46.9% |
| Profit (loss) for the period | 9904 | €12,796 | €5,704 | -€7,092 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,796 | €5,704 | -€7,092 | -55.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.