't Bos: 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.
't Bos
Largest movements
- Receivables within one year +€12,969
up €12,969 (+16.1%), from €80,552 to €93,522
of which Other amounts receivable: +€11,273
- Tangible fixed assets -€12,769
down €12,769 (-22.0%), from €58,091 to €45,322
- Cash -€11,294
down €11,294 (-29.2%), from €38,723 to €27,428
mainly Tax, wage and social debts (-€18,384) and Receivables within one year (-€12,969)
- Receivables after one year -€8,000
down €8,000 (-53.4%), from €14,991 to €6,991
- Deferred charges and accrued income -€3,767
down €3,767 (-16.3%), from €23,114 to €19,347
- Tax, wage and social debts -€18,384
down €18,384 (-31.9%), from €57,611 to €39,227
of which Taxes: -€19,170
- Trade debts -€9,540
down €9,540 (-8.8%), from €108,110 to €98,569
- Other debts +€8,627
up €8,627 (+13.8%), from €62,599 to €71,226
- Debts after one year -€5,718
down €5,718 (-36.5%), from €15,655 to €9,937
- Accrued charges and deferred income +€2,571
up €2,571 (+104%), from €2,469 to €5,040
- Gross operating margin -€14,702
down €14,702 (-4.9%), from €300,442 to €285,740
- Staff costs -€10,513
down €10,513 (-3.9%), from €267,328 to €256,815
- Financial income -€5,627
down €5,627 (-95.1%), from €5,919 to €292
- Taxes -€5,145
down €5,145 (-51.8%), from €9,930 to €4,785
- Depreciation +€3,894
up €3,894 (+38.3%), from €10,167 to €14,062
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 | €240,226 | €215,784 | -€24,442 | -10.2% |
| Fixed assets | 21/28 | €63,883 | €50,818 | -€13,066 | -20.5% |
| Intangible fixed assets | 21 | €446 | €150 | -€297 | -66.5% |
| Tangible fixed assets | 22/27 | €58,091 | €45,322 | -€12,769 | -22.0% |
| Land and buildings | 22 | €22,476 | €19,045 | -€3,430 | -15.3% |
| Plant, machinery and equipment | 23 | €6,766 | €5,845 | -€921 | -13.6% |
| Furniture and vehicles | 24 | €7,494 | €3,485 | -€4,009 | -53.5% |
| Leasing and similar rights | 25 | €21,355 | €16,946 | -€4,409 | -20.6% |
| Financial fixed assets | 28 | €5,346 | €5,346 | = | 0.0% |
| Current assets | 29/58 | €176,342 | €164,966 | -€11,376 | -6.5% |
| Amounts receivable after more than one year | 29 | €14,991 | €6,991 | -€8,000 | -53.4% |
| Other amounts receivable | 291 | €14,991 | €6,991 | -€8,000 | -53.4% |
| Stocks and contracts in progress | 3 | €18,962 | €17,678 | -€1,284 | -6.8% |
| Stocks | 30/36 | €18,962 | €17,678 | -€1,284 | -6.8% |
| Amounts receivable within one year | 40/41 | €80,552 | €93,522 | +€12,969 | +16.1% |
| Trade receivables | 40 | €8,291 | €9,987 | +€1,696 | +20.5% |
| Other amounts receivable | 41 | €72,261 | €83,534 | +€11,273 | +15.6% |
| Cash at bank and in hand | 54/58 | €38,723 | €27,428 | -€11,294 | -29.2% |
| Deferred charges and accrued income | 490/1 | €23,114 | €19,347 | -€3,767 | -16.3% |
| Total equity and liabilities | 10/49 | €240,226 | €215,784 | -€24,442 | -10.2% |
| Equity | 10/15 | -€11,710 | -€13,933 | -€2,223 | -19.0% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Reserves | 13 | €65 | €65 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €65 | €65 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,775 | -€65,998 | -€2,223 | -3.5% |
| Amounts payable | 17/49 | €251,936 | €229,717 | -€22,219 | -8.8% |
| Amounts payable after more than one year | 17 | €15,655 | €9,937 | -€5,718 | -36.5% |
| Financial debts | 170/4 | €15,655 | €9,937 | -€5,718 | -36.5% |
| Amounts payable within one year | 42/48 | €233,812 | €214,740 | -€19,072 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €5,493 | €5,718 | +€225 | +4.1% |
| Trade debts | 44 | €108,110 | €98,569 | -€9,540 | -8.8% |
| Suppliers | 440/4 | €108,110 | €98,569 | -€9,540 | -8.8% |
| Taxes, remuneration and social security | 45 | €57,611 | €39,227 | -€18,384 | -31.9% |
| Taxes | 450/3 | €38,076 | €18,906 | -€19,170 | -50.3% |
| Remuneration and social security | 454/9 | €19,535 | €20,321 | +€786 | +4.0% |
| Other amounts payable | 47/48 | €62,599 | €71,226 | +€8,627 | +13.8% |
| Accrued charges and deferred income | 492/3 | €2,469 | €5,040 | +€2,571 | +104% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €267,328 | €256,815 | -€10,513 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,167 | €14,062 | +€3,894 | +38.3% |
| Other operating charges | 640/8 | €4,124 | €2,670 | -€1,454 | -35.3% |
| Non-recurring operating charges | 66A | €0 | €5,063 | +€5,063 | |
| Gross operating margin | 9900 | €300,442 | €285,740 | -€14,702 | -4.9% |
| Operating profit (loss) | 9901 | €18,822 | €7,130 | -€11,692 | -62.1% |
| Financial income | 75/76B | €5,919 | €292 | -€5,627 | -95.1% |
| Recurring financial income | 75 | €5,919 | €292 | -€5,627 | -95.1% |
| Financial charges | 65/66B | €4,055 | €4,860 | +€805 | +19.8% |
| Recurring financial charges | 65 | €4,055 | €4,860 | +€805 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €20,686 | €2,562 | -€18,123 | -87.6% |
| Income taxes | 67/77 | €9,930 | €4,785 | -€5,145 | -51.8% |
| Profit (loss) for the period | 9904 | €10,756 | -€2,223 | -€12,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,756 | -€2,223 | -€12,979 |
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 24 October 2026 via checked.be.