BOLAND: what changed
BOLAND
Largest movements
- Cash +€4,450
up €4,450 (+163%), from €2,723 to €7,173
mainly Trade debts (+€4,966) and Net result for the year (+€692)
- Receivables within one year +€1,437
up €1,437 (+48.9%), from €2,935 to €4,372
of which Trade receivables: +€1,316
- Tangible fixed assets -€484
down €484 (-74.8%), from €647 to €163
- Deferred charges and accrued income +€263
up €263 (+26.9%), from €977 to €1,240
- Trade debts +€4,966
up €4,966 (+918%), from €541 to €5,507
- Profit (loss) carried forward +€692
up €692 (+4.5%), from -€15,232 to -€14,540
- Gross operating margin +€1,336
up €1,336 (+425%), from €314 to €1,650
- Financial charges -€132
down €132 (-61.9%), from €214 to €82
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,282 | €12,947 | +€5,665 | +77.8% |
| Fixed assets | 21/28 | €647 | €163 | -€484 | -74.8% |
| Tangible fixed assets | 22/27 | €647 | €163 | -€484 | -74.8% |
| Plant, machinery and equipment | 23 | €647 | €163 | -€484 | -74.8% |
| Current assets | 29/58 | €6,635 | €12,784 | +€6,149 | +92.7% |
| Amounts receivable within one year | 40/41 | €2,935 | €4,372 | +€1,437 | +48.9% |
| Trade receivables | 40 | €2,935 | €4,251 | +€1,316 | +44.8% |
| Other amounts receivable | 41 | - | €121 | +€121 | |
| Cash at bank and in hand | 54/58 | €2,723 | €7,173 | +€4,450 | +163% |
| Deferred charges and accrued income | 490/1 | €977 | €1,240 | +€263 | +26.9% |
| Total equity and liabilities | 10/49 | €7,282 | €12,947 | +€5,665 | +77.8% |
| Equity | 10/15 | €5,219 | €5,911 | +€692 | +13.3% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€15,232 | -€14,540 | +€692 | +4.5% |
| Amounts payable | 17/49 | €2,063 | €7,035 | +€4,972 | +241% |
| Amounts payable within one year | 42/48 | €2,063 | €7,035 | +€4,972 | +241% |
| Trade debts | 44 | €541 | €5,507 | +€4,966 | +918% |
| Suppliers | 440/4 | €541 | €5,507 | +€4,966 | +918% |
| Taxes, remuneration and social security | 45 | €1,522 | €1,528 | +€6 | +0.4% |
| Taxes | 450/3 | €1,522 | €1,528 | +€6 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €484 | -€0 | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €314 | €1,650 | +€1,336 | +425% |
| Operating profit (loss) | 9901 | -€557 | €766 | +€1,323 | |
| Financial income | 75/76B | €10 | €8 | -€2 | -22.3% |
| Recurring financial income | 75 | €10 | €8 | -€2 | -22.3% |
| Financial charges | 65/66B | €214 | €82 | -€132 | -61.9% |
| Recurring financial charges | 65 | €214 | €82 | -€132 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | -€761 | €692 | +€1,453 | |
| Profit (loss) for the period | 9904 | -€761 | €692 | +€1,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€761 | €692 | +€1,453 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.