Ten Bosch: 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.
Ten Bosch
Largest movements
- Tangible fixed assets -€201,566
down €201,566 (-15.6%), from €1.3m to €1.1m
of which Land and buildings: -€205,514
- Cash +€46,144
up €46,144 (+33.9%), from €135,953 to €182,097
mainly Depreciation (+€211,143) and Accrued charges and deferred income (+€3,633)
- Receivables within one year +€18,376
up €18,376 (+540%), from €3,404 to €21,780
- Debts after one year -€50,000
no longer reported in 2025 (was €50,000)
- Current portion of long-term debt -€50,000
down €50,000 (-50.0%), from €100,000 to €50,000
- Reserves -€35,341
down €35,341 (-4.3%), from €816,564 to €781,223
of which Distributable reserves: -€35,341
- Taxes -€25,677
no longer reported in 2025 (was €25,677)
- Gross operating margin +€16,258
up €16,258 (+9.2%), from €177,205 to €193,463
- Other operating charges +€2,467
up €2,467 (+16.4%), from €15,040 to €17,507
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 | €1,434,279 | €1,297,217 | -€137,062 | -9.6% |
| Fixed assets | 21/28 | €1,294,315 | €1,092,750 | -€201,566 | -15.6% |
| Tangible fixed assets | 22/27 | €1,294,315 | €1,092,750 | -€201,566 | -15.6% |
| Land and buildings | 22 | €1,286,940 | €1,081,426 | -€205,514 | -16.0% |
| Furniture and vehicles | 24 | €7,375 | €11,324 | +€3,948 | +53.5% |
| Current assets | 29/58 | €139,964 | €204,467 | +€64,503 | +46.1% |
| Amounts receivable within one year | 40/41 | €3,404 | €21,780 | +€18,376 | +540% |
| Other amounts receivable | 41 | €3,404 | €21,780 | +€18,376 | +540% |
| Cash at bank and in hand | 54/58 | €135,953 | €182,097 | +€46,144 | +33.9% |
| Deferred charges and accrued income | 490/1 | €607 | €590 | -€17 | -2.8% |
| Total equity and liabilities | 10/49 | €1,434,279 | €1,297,217 | -€137,062 | -9.6% |
| Equity | 10/15 | €878,564 | €843,223 | -€35,341 | -4.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €816,564 | €781,223 | -€35,341 | -4.3% |
| Non-distributable reserves | 130/1 | €7,917 | €7,917 | = | 0.0% |
| Legal reserve | 130 | €7,917 | €7,917 | = | 0.0% |
| Distributable reserves | 133 | €808,647 | €773,305 | -€35,341 | -4.4% |
| Amounts payable | 17/49 | €555,715 | €453,994 | -€101,721 | -18.3% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Financial debts | 170/4 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €501,171 | €445,817 | -€55,354 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Trade debts | 44 | €390 | €305 | -€85 | -21.7% |
| Suppliers | 440/4 | €390 | €305 | -€85 | -21.7% |
| Taxes, remuneration and social security | 45 | €5,269 | - | -€5,269 | |
| Taxes | 450/3 | €5,269 | - | -€5,269 | |
| Other amounts payable | 47/48 | €395,512 | €395,512 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,544 | €8,177 | +€3,633 | +79.9% |
| Non-recurring operating income | 76A | €1,816 | €1,866 | +€50 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211,676 | €211,143 | -€534 | -0.3% |
| Other operating charges | 640/8 | €15,040 | €17,507 | +€2,467 | +16.4% |
| Gross operating margin | 9900 | €177,205 | €193,463 | +€16,258 | +9.2% |
| Operating profit (loss) | 9901 | -€49,511 | -€35,187 | +€14,324 | +28.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €127 | €154 | +€27 | +21.1% |
| Recurring financial charges | 65 | €127 | €154 | +€27 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | -€49,638 | -€35,341 | +€14,297 | +28.8% |
| Transfer from deferred taxes | 780 | €43,222 | - | -€43,222 | |
| Income taxes | 67/77 | €25,677 | - | -€25,677 | |
| Profit (loss) for the period | 9904 | -€32,093 | -€35,341 | -€3,248 | -10.1% |
| Transfer from tax-exempt reserves | 789 | €83,939 | - | -€83,939 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,846 | -€35,341 | -€87,187 |
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 16 October 2026 via checked.be.