ACHTEN - BOONEN: 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.
ACHTEN - BOONEN
Largest movements
- Cash -€819,175
down €819,175 (-85.2%), from €962,006 to €142,831
mainly Current investments (-€663,385) and Contributions, distributions and other (-€310,500)
- Current investments +€663,385
up €663,385 (+306%), from €216,615 to €880,000
- Tangible fixed assets -€25,246
down €25,246 (-5.9%), from €426,055 to €400,809
of which Land and buildings: -€14,810
- Reserves -€164,269
down €164,269 (-11.7%), from €1.4m to €1.2m
- Tax, wage and social debts -€28,002
down €28,002 (-57.2%), from €48,957 to €20,955
of which Taxes: -€27,221
- Other debts +€16,569
up €16,569 (+27.7%), from €59,847 to €76,416
- Gross operating margin -€11,030
down €11,030 (-3.4%), from €328,203 to €317,173
- Financial charges +€10,244
up €10,244 (+420%), from €2,436 to €12,680
- Taxes -€7,158
down €7,158 (-9.8%), from €73,372 to €66,214
- Financial income -€5,195
down €5,195 (-38.6%), from €13,462 to €8,268
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 | €1,605,297 | €1,427,435 | -€177,862 | -11.1% |
| Fixed assets | 21/28 | €426,055 | €400,809 | -€25,246 | -5.9% |
| Tangible fixed assets | 22/27 | €426,055 | €400,809 | -€25,246 | -5.9% |
| Land and buildings | 22 | €372,746 | €357,936 | -€14,810 | -4.0% |
| Plant, machinery and equipment | 23 | €4,961 | €7,675 | +€2,714 | +54.7% |
| Furniture and vehicles | 24 | €48,348 | €35,198 | -€13,150 | -27.2% |
| Current assets | 29/58 | €1,179,241 | €1,026,626 | -€152,615 | -12.9% |
| Amounts receivable within one year | 40/41 | - | €3,358 | +€3,358 | |
| Trade receivables | 40 | - | €2,469 | +€2,469 | |
| Other amounts receivable | 41 | - | €890 | +€890 | |
| Current investments | 50/53 | €216,615 | €880,000 | +€663,385 | +306% |
| Cash at bank and in hand | 54/58 | €962,006 | €142,831 | -€819,175 | -85.2% |
| Deferred charges and accrued income | 490/1 | €620 | €437 | -€183 | -29.5% |
| Total equity and liabilities | 10/49 | €1,605,297 | €1,427,435 | -€177,862 | -11.1% |
| Equity | 10/15 | €1,478,916 | €1,314,647 | -€164,269 | -11.1% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €1,404,516 | €1,240,247 | -€164,269 | -11.7% |
| Distributable reserves | 133 | €1,404,516 | €1,240,247 | -€164,269 | -11.7% |
| Amounts payable | 17/49 | €126,381 | €112,788 | -€13,593 | -10.8% |
| Amounts payable after more than one year | 17 | €3,749 | - | -€3,749 | |
| Financial debts | 170/4 | €3,749 | - | -€3,749 | |
| Amounts payable within one year | 42/48 | €122,632 | €112,788 | -€9,844 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €13,452 | €12,159 | -€1,293 | -9.6% |
| Trade debts | 44 | €376 | €3,258 | +€2,882 | +768% |
| Suppliers | 440/4 | €376 | €3,258 | +€2,882 | +768% |
| Taxes, remuneration and social security | 45 | €48,957 | €20,955 | -€28,002 | -57.2% |
| Taxes | 450/3 | €45,976 | €18,755 | -€27,221 | -59.2% |
| Remuneration and social security | 454/9 | €2,982 | €2,200 | -€782 | -26.2% |
| Other amounts payable | 47/48 | €59,847 | €76,416 | +€16,569 | +27.7% |
| Remuneration, social security and pensions | 62 | €62,691 | €65,411 | +€2,720 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,236 | €30,823 | +€587 | +1.9% |
| Other operating charges | 640/8 | €3,871 | €4,082 | +€212 | +5.5% |
| Gross operating margin | 9900 | €328,203 | €317,173 | -€11,030 | -3.4% |
| Operating profit (loss) | 9901 | €231,405 | €216,857 | -€14,548 | -6.3% |
| Financial income | 75/76B | €13,462 | €8,268 | -€5,195 | -38.6% |
| Recurring financial income | 75 | €13,462 | €8,268 | -€5,195 | -38.6% |
| Financial charges | 65/66B | €2,436 | €12,680 | +€10,244 | +420% |
| Recurring financial charges | 65 | €2,436 | €12,680 | +€10,244 | +420% |
| Profit (loss) for the period before taxes | 9903 | €242,431 | €212,445 | -€29,986 | -12.4% |
| Income taxes | 67/77 | €73,372 | €66,214 | -€7,158 | -9.8% |
| Profit (loss) for the period | 9904 | €169,059 | €146,231 | -€22,828 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €169,059 | €146,231 | -€22,828 | -13.5% |
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 17 October 2026 via checked.be.