JACOB BOSSAER: 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.
JACOB BOSSAER
Largest movements
- Receivables within one year +€74,433
up €74,433 (+132%), from €56,218 to €130,651
of which Trade receivables: +€88,272
- Cash -€28,615
down €28,615 (-45.1%), from €63,406 to €34,791
mainly Receivables within one year (-€74,433) and Investment in fixed assets (net) (-€46,266)
- Tangible fixed assets +€27,501
up €27,501 (+10.5%), from €263,155 to €290,655
of which Land and buildings: +€24,712
- Short-term financial debts +€100,000
new in 2025: €100,000
- Debts after one year -€24,065
down €24,065 (-8.6%), from €278,594 to €254,529
- Current portion of long-term debt -€20,188
down €20,188 (-45.6%), from €44,253 to €24,065
- Advances received +€18,977
new in 2025: €18,977
- Other debts -€16,097
down €16,097 (-33.4%), from €48,123 to €32,026
- Depreciation -€20,973
down €20,973 (-52.8%), from €39,739 to €18,765
- Gross operating margin -€16,326
down €16,326 (-18.8%), from €87,047 to €70,721
- Financial charges +€4,274
up €4,274 (+49.1%), from €8,697 to €12,971
- Financial income +€1,154
up €1,154 (+190%), from €609 to €1,763
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 | €399,782 | €468,734 | +€68,952 | +17.2% |
| Fixed assets | 21/28 | €263,155 | €290,655 | +€27,501 | +10.5% |
| Tangible fixed assets | 22/27 | €263,155 | €290,655 | +€27,501 | +10.5% |
| Land and buildings | 22 | €199,750 | €224,462 | +€24,712 | +12.4% |
| Plant, machinery and equipment | 23 | €1,500 | €3,129 | +€1,629 | +109% |
| Furniture and vehicles | 24 | €25,892 | €25,892 | = | 0.0% |
| Other tangible fixed assets | 26 | €36,013 | €37,173 | +€1,160 | +3.2% |
| Current assets | 29/58 | €136,627 | €178,078 | +€41,451 | +30.3% |
| Amounts receivable within one year | 40/41 | €56,218 | €130,651 | +€74,433 | +132% |
| Trade receivables | 40 | €35,230 | €123,502 | +€88,272 | +251% |
| Other amounts receivable | 41 | €20,988 | €7,149 | -€13,839 | -65.9% |
| Cash at bank and in hand | 54/58 | €63,406 | €34,791 | -€28,615 | -45.1% |
| Deferred charges and accrued income | 490/1 | €17,003 | €12,636 | -€4,367 | -25.7% |
| Total equity and liabilities | 10/49 | €399,782 | €468,734 | +€68,952 | +17.2% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable | 17/49 | €398,782 | €467,734 | +€68,952 | +17.3% |
| Amounts payable after more than one year | 17 | €278,594 | €254,529 | -€24,065 | -8.6% |
| Financial debts | 170/4 | €278,594 | €254,529 | -€24,065 | -8.6% |
| Amounts payable within one year | 42/48 | €120,188 | €213,204 | +€93,016 | +77.4% |
| Current portion of amounts payable after more than one year | 42 | €44,253 | €24,065 | -€20,188 | -45.6% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €14,371 | €29,155 | +€14,784 | +103% |
| Suppliers | 440/4 | €14,371 | €29,155 | +€14,784 | +103% |
| Advances received on contracts in progress | 46 | - | €18,977 | +€18,977 | |
| Taxes, remuneration and social security | 45 | €13,441 | €8,981 | -€4,460 | -33.2% |
| Taxes | 450/3 | €13,441 | €8,981 | -€4,460 | -33.2% |
| Other amounts payable | 47/48 | €48,123 | €32,026 | -€16,097 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,739 | €18,765 | -€20,973 | -52.8% |
| Other operating charges | 640/8 | €3,054 | €3,055 | +€1 | 0.0% |
| Gross operating margin | 9900 | €87,047 | €70,721 | -€16,326 | -18.8% |
| Operating profit (loss) | 9901 | €44,254 | €48,900 | +€4,646 | +10.5% |
| Financial income | 75/76B | €609 | €1,763 | +€1,154 | +190% |
| Recurring financial income | 75 | €609 | €1,763 | +€1,154 | +190% |
| Financial charges | 65/66B | €8,697 | €12,971 | +€4,274 | +49.1% |
| Recurring financial charges | 65 | €8,697 | €12,971 | +€4,274 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | €36,165 | €37,693 | +€1,527 | +4.2% |
| Income taxes | 67/77 | €8,191 | €8,477 | +€286 | +3.5% |
| Profit (loss) for the period | 9904 | €27,974 | €29,215 | +€1,242 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,974 | €29,215 | +€1,242 | +4.4% |
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 31 October 2026 via checked.be.