Bert Boon: 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.
Bert Boon
Largest movements
- Receivables within one year +€136,608
up €136,608 (+171%), from €79,925 to €216,533
of which Other amounts receivable: +€116,203
- Cash -€101,527
down €101,527 (-89.9%), from €112,955 to €11,428
mainly Contributions, distributions and other (-€287,845) and Receivables within one year (-€136,608)
- Receivables after one year -€15,000
no longer reported in 2025 (was €15,000)
- Deferred charges and accrued income -€10,517
down €10,517 (-47.0%), from €22,358 to €11,841
- Tangible fixed assets -€2,658
down €2,658 (-29.4%), from €9,048 to €6,390
- Other debts +€241,528
up €241,528 (+19,150%), from €1,261 to €242,789
- Reserves -€207,382
no longer reported in 2025 (was €207,382)
- Tax, wage and social debts -€29,636
no longer reported in 2025 (was €29,636)
- Gross operating margin -€37,144
down €37,144 (-26.4%), from €140,912 to €103,769
- Taxes -€8,022
down €8,022 (-27.1%), from €29,636 to €21,614
- Other operating charges -€6,337
down €6,337 (-89.8%), from €7,059 to €722
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 | €239,286 | €246,191 | +€6,906 | +2.9% |
| Fixed assets | 21/28 | €9,048 | €6,390 | -€2,658 | -29.4% |
| Tangible fixed assets | 22/27 | €9,048 | €6,390 | -€2,658 | -29.4% |
| Furniture and vehicles | 24 | €9,048 | €6,390 | -€2,658 | -29.4% |
| Current assets | 29/58 | €230,238 | €239,802 | +€9,563 | +4.2% |
| Amounts receivable after more than one year | 29 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 291 | €15,000 | - | -€15,000 | |
| Amounts receivable within one year | 40/41 | €79,925 | €216,533 | +€136,608 | +171% |
| Trade receivables | 40 | - | €20,405 | +€20,405 | |
| Other amounts receivable | 41 | €79,925 | €196,128 | +€116,203 | +145% |
| Cash at bank and in hand | 54/58 | €112,955 | €11,428 | -€101,527 | -89.9% |
| Deferred charges and accrued income | 490/1 | €22,358 | €11,841 | -€10,517 | -47.0% |
| Total equity and liabilities | 10/49 | €239,286 | €246,191 | +€6,906 | +2.9% |
| Equity | 10/15 | €207,482 | €100 | -€207,382 | -100.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €207,382 | - | -€207,382 | |
| Distributable reserves | 133 | €207,382 | - | -€207,382 | |
| Amounts payable | 17/49 | €31,804 | €246,091 | +€214,287 | +674% |
| Amounts payable within one year | 42/48 | €31,675 | €245,506 | +€213,831 | +675% |
| Trade debts | 44 | €778 | €2,717 | +€1,939 | +249% |
| Suppliers | 440/4 | €778 | €2,717 | +€1,939 | +249% |
| Taxes, remuneration and social security | 45 | €29,636 | - | -€29,636 | |
| Taxes | 450/3 | €29,636 | - | -€29,636 | |
| Other amounts payable | 47/48 | €1,261 | €242,789 | +€241,528 | +19,150% |
| Accrued charges and deferred income | 492/3 | €129 | €585 | +€456 | +353% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,926 | €2,658 | +€732 | +38.0% |
| Other operating charges | 640/8 | €7,059 | €722 | -€6,337 | -89.8% |
| Gross operating margin | 9900 | €140,912 | €103,769 | -€37,144 | -26.4% |
| Operating profit (loss) | 9901 | €131,928 | €100,389 | -€31,538 | -23.9% |
| Financial income | 75/76B | €1,217 | €1,904 | +€687 | +56.4% |
| Recurring financial income | 75 | €1,217 | €1,904 | +€687 | +56.4% |
| Financial charges | 65/66B | €141 | €216 | +€75 | +53.5% |
| Recurring financial charges | 65 | €141 | €216 | +€75 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €133,004 | €102,078 | -€30,927 | -23.3% |
| Income taxes | 67/77 | €29,636 | €21,614 | -€8,022 | -27.1% |
| Profit (loss) for the period | 9904 | €103,368 | €80,464 | -€22,905 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €103,368 | €80,464 | -€22,905 | -22.2% |
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 15 October 2026 via checked.be.