BOA CONSTRUCT: 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.
BOA CONSTRUCT
Largest movements
- Tangible fixed assets -€37,770
down €37,770 (-48.8%), from €77,397 to €39,627
of which Furniture and vehicles: -€35,720
- Receivables within one year +€35,003
up €35,003 (+24.4%), from €143,409 to €178,412
of which Trade receivables: +€34,000
- Cash +€11,369
up €11,369 (+1,210%), from €939 to €12,308
mainly Advances received (+€55,660) and Investment in fixed assets (net) (+€35,391)
- Advances received +€55,660
new in 2024: €55,660
- Trade debts -€46,379
down €46,379 (-31.3%), from €147,998 to €101,619
- Debts after one year -€16,481
no longer reported in 2024 (was €16,481)
- Other debts +€12,000
new in 2024: €12,000
- Current portion of long-term debt -€11,983
no longer reported in 2024 (was €11,983)
- Depreciation -€6,354
down €6,354 (-72.8%), from €8,732 to €2,379
- Financial income -€6,146
down €6,146 (-61.7%), from €9,960 to €3,815
of which Non-recurring financial income: -€7,617
- Other operating charges -€1,662
down €1,662 (-45.3%), from €3,672 to €2,010
- Financial charges -€624
down €624 (-36.9%), from €1,690 to €1,066
- Taxes -€345
down €345 (-4.8%), from €7,154 to €6,809
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,059 | €234,162 | +€10,103 | +4.5% |
| Fixed assets | 21/28 | €77,397 | €39,627 | -€37,770 | -48.8% |
| Tangible fixed assets | 22/27 | €77,397 | €39,627 | -€37,770 | -48.8% |
| Land and buildings | 22 | €40,994 | €38,944 | -€2,050 | -5.0% |
| Furniture and vehicles | 24 | €36,402 | €682 | -€35,720 | -98.1% |
| Current assets | 29/58 | €146,662 | €194,535 | +€47,873 | +32.6% |
| Amounts receivable within one year | 40/41 | €143,409 | €178,412 | +€35,003 | +24.4% |
| Trade receivables | 40 | - | €34,000 | +€34,000 | |
| Other amounts receivable | 41 | €143,409 | €144,412 | +€1,003 | +0.7% |
| Cash at bank and in hand | 54/58 | €939 | €12,308 | +€11,369 | +1,210% |
| Deferred charges and accrued income | 490/1 | €2,314 | €3,815 | +€1,501 | +64.9% |
| Total equity and liabilities | 10/49 | €224,059 | €234,162 | +€10,103 | +4.5% |
| Equity | 10/15 | €33,406 | €45,214 | +€11,808 | +35.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,806 | €26,614 | +€11,808 | +79.8% |
| Distributable reserves | 133 | €14,806 | €26,614 | +€11,808 | +79.8% |
| Amounts payable | 17/49 | €190,653 | €188,948 | -€1,705 | -0.9% |
| Amounts payable after more than one year | 17 | €16,481 | - | -€16,481 | |
| Financial debts | 170/4 | €16,481 | - | -€16,481 | |
| Amounts payable within one year | 42/48 | €174,173 | €188,948 | +€14,775 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €11,983 | - | -€11,983 | |
| Trade debts | 44 | €147,998 | €101,619 | -€46,379 | -31.3% |
| Suppliers | 440/4 | €147,998 | €101,619 | -€46,379 | -31.3% |
| Advances received on contracts in progress | 46 | - | €55,660 | +€55,660 | |
| Taxes, remuneration and social security | 45 | €14,192 | €19,669 | +€5,477 | +38.6% |
| Taxes | 450/3 | €14,192 | €19,669 | +€5,477 | +38.6% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,732 | €2,379 | -€6,354 | -72.8% |
| Other operating charges | 640/8 | €3,672 | €2,010 | -€1,662 | -45.3% |
| Non-recurring operating charges | 66A | - | €1,391 | +€1,391 | |
| Gross operating margin | 9900 | €21,952 | €21,649 | -€304 | -1.4% |
| Operating profit (loss) | 9901 | €9,548 | €15,869 | +€6,320 | +66.2% |
| Financial income | 75/76B | €9,960 | €3,815 | -€6,146 | -61.7% |
| Recurring financial income | 75 | €2,343 | €3,815 | +€1,472 | +62.8% |
| Non-recurring financial income | 76B | €7,617 | - | -€7,617 | |
| Financial charges | 65/66B | €1,690 | €1,066 | -€624 | -36.9% |
| Recurring financial charges | 65 | €1,690 | €1,066 | -€624 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €17,818 | €18,617 | +€799 | +4.5% |
| Income taxes | 67/77 | €7,154 | €6,809 | -€345 | -4.8% |
| Profit (loss) for the period | 9904 | €10,664 | €11,808 | +€1,144 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,664 | €11,808 | +€1,144 | +10.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.