ANDRE BOSMANS MANAGEMENT: 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.
What changed
ANDRE BOSMANS MANAGEMENT
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€59,631
2024 · €58,962+€669
Equity
€2.1m
2024 · €2.1m+€59,631
Cash
€6,835
2024 · €3,072+€3,763
Balance sheet total
€2.3m
2024 · €2.3m+€35,548
Largest movements
Assets
- Current investments +€61,491
up €61,491 (+92.2%), from €66,672 to €128,163
Equity and liabilities
- Reserves +€59,631
up €59,631 (+19.3%), from €309,139 to €368,770
of which Distributable reserves: +€59,631
Income statement
- Financial charges -€9,340
down €9,340 (-41.8%), from €22,337 to €12,996
- Gross operating margin -€6,921
down €6,921 (-5.3%), from €131,256 to €124,335
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.
Result 2024
€58,962
Gross operating margin
-€6,921
Depreciation
-€1,013
Other operating charges
+€199
Financial income
-€815
Financial charges
+€9,340
Taxes
-€120
Result 2025
€59,631
raises the resultlowers the result
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.
From operations
+€64,024
Investment
-€61,491
Financing
+€1,230
Cash 2024
€3,072
From operations (derived)
+€64,024
Net result for the year
+€59,631
Depreciation
+€18,344
Receivables within one year
+€11,307
Deferred charges and accrued income
+€54
Trade debts
-€12,521
Tax, wage and social debts
-€13,133
Other debts
+€341
Investment (derived)
-€61,491
Current investments
-€61,491
Financing
+€1,230
Debts after one year
+€1,230
Cash 2025
€6,835
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,309,981 | €2,345,529 | +€35,548 | +1.5% |
| Fixed assets | 21/28 | €2,216,036 | €2,197,692 | -€18,344 | -0.8% |
| Tangible fixed assets | 22/27 | €165,272 | €146,928 | -€18,344 | -11.1% |
| Land and buildings | 22 | €146,084 | €137,115 | -€8,969 | -6.1% |
| Furniture and vehicles | 24 | €19,188 | €9,813 | -€9,375 | -48.9% |
| Financial fixed assets | 28 | €2,050,764 | €2,050,764 | = | 0.0% |
| Current assets | 29/58 | €93,945 | €147,837 | +€53,892 | +57.4% |
| Amounts receivable within one year | 40/41 | €24,073 | €12,766 | -€11,307 | -47.0% |
| Trade receivables | 40 | €24,073 | €12,766 | -€11,307 | -47.0% |
| Current investments | 50/53 | €66,672 | €128,163 | +€61,491 | +92.2% |
| Cash at bank and in hand | 54/58 | €3,072 | €6,835 | +€3,763 | +122% |
| Deferred charges and accrued income | 490/1 | €128 | €74 | -€54 | -42.5% |
| Total equity and liabilities | 10/49 | €2,309,981 | €2,345,529 | +€35,548 | +1.5% |
| Equity | 10/15 | €2,057,540 | €2,117,171 | +€59,631 | +2.9% |
| Contributions | 10/11 | €7,440 | €7,440 | = | 0.0% |
| Reserves | 13 | €309,139 | €368,770 | +€59,631 | +19.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €307,279 | €366,910 | +€59,631 | +19.4% |
| Profit (loss) carried forward | 14 | €1,740,960 | €1,740,960 | = | 0.0% |
| Amounts payable | 17/49 | €252,441 | €228,358 | -€24,083 | -9.5% |
| Amounts payable after more than one year | 17 | €202,270 | €203,500 | +€1,230 | +0.6% |
| Financial debts | 170/4 | €202,270 | €203,500 | +€1,230 | +0.6% |
| Amounts payable within one year | 42/48 | €50,171 | €24,858 | -€25,313 | -50.5% |
| Trade debts | 44 | €12,863 | €342 | -€12,521 | -97.3% |
| Suppliers | 440/4 | €12,863 | €342 | -€12,521 | -97.3% |
| Taxes, remuneration and social security | 45 | €37,308 | €24,175 | -€13,133 | -35.2% |
| Taxes | 450/3 | €37,308 | €24,175 | -€13,133 | -35.2% |
| Other amounts payable | 47/48 | - | €341 | +€341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,330 | €18,344 | +€1,013 | +5.8% |
| Other operating charges | 640/8 | €1,470 | €1,271 | -€199 | -13.5% |
| Gross operating margin | 9900 | €131,256 | €124,335 | -€6,921 | -5.3% |
| Operating profit (loss) | 9901 | €112,456 | €104,720 | -€7,736 | -6.9% |
| Financial income | 75/76B | €1,752 | €937 | -€815 | -46.5% |
| Recurring financial income | 75 | €1,752 | €937 | -€815 | -46.5% |
| Financial charges | 65/66B | €22,337 | €12,996 | -€9,340 | -41.8% |
| Recurring financial charges | 65 | €22,337 | €12,996 | -€9,340 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €91,872 | €92,661 | +€789 | +0.9% |
| Income taxes | 67/77 | €32,910 | €33,030 | +€120 | +0.4% |
| Profit (loss) for the period | 9904 | €58,962 | €59,631 | +€669 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,962 | €59,631 | +€669 | +1.1% |
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 15 October 2026 via checked.be.