Boan: 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.
Boan
Largest movements
- Tangible fixed assets +€55,454
up €55,454 (+286%), from €19,372 to €74,826
of which Furniture and vehicles: +€46,779
- Cash -€24,786
down €24,786 (-61.3%), from €40,431 to €15,645
mainly Investment in fixed assets (net) (-€65,565) and Accrued charges and deferred income (-€6,480)
- Receivables within one year +€3,491
up €3,491 (+3.7%), from €94,603 to €98,094
of which Other amounts receivable: +€5,182
- Debts after one year +€24,195
up €24,195 (+405%), from €5,976 to €30,171
- Profit (loss) carried forward +€12,050
up €12,050 (+18.4%), from €65,616 to €77,666
- Current portion of long-term debt +€9,735
up €9,735 (+215%), from €4,521 to €14,255
- Accrued charges and deferred income -€6,480
no longer reported in 2025 (was €6,480)
- Tax, wage and social debts -€3,176
down €3,176 (-22.0%), from €14,409 to €11,233
of which Remuneration and social security: -€5,185
- Gross operating margin -€31,473
down €31,473 (-38.9%), from €80,833 to €49,360
- Staff costs -€26,791
down €26,791 (-77.8%), from €34,448 to €7,657
- Other operating charges +€3,275
up €3,275 (+99.7%), from €3,285 to €6,560
- Depreciation +€3,057
up €3,057 (+43.3%), from €7,054 to €10,111
- Financial charges -€1,330
down €1,330 (-37.1%), from €3,589 to €2,259
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 | €154,655 | €188,815 | +€34,160 | +22.1% |
| Fixed assets | 21/28 | €19,372 | €74,826 | +€55,454 | +286% |
| Tangible fixed assets | 22/27 | €19,372 | €74,826 | +€55,454 | +286% |
| Plant, machinery and equipment | 23 | €19,372 | €18,720 | -€652 | -3.4% |
| Furniture and vehicles | 24 | - | €46,779 | +€46,779 | |
| Other tangible fixed assets | 26 | - | €9,327 | +€9,327 | |
| Current assets | 29/58 | €135,283 | €113,989 | -€21,294 | -15.7% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €94,603 | €98,094 | +€3,491 | +3.7% |
| Trade receivables | 40 | €3,876 | €2,185 | -€1,691 | -43.6% |
| Other amounts receivable | 41 | €90,727 | €95,909 | +€5,182 | +5.7% |
| Cash at bank and in hand | 54/58 | €40,431 | €15,645 | -€24,786 | -61.3% |
| Total equity and liabilities | 10/49 | €154,655 | €188,815 | +€34,160 | +22.1% |
| Equity | 10/15 | €109,316 | €121,366 | +€12,050 | +11.0% |
| Contributions | 10/11 | €11,700 | €11,700 | = | 0.0% |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,616 | €77,666 | +€12,050 | +18.4% |
| Amounts payable | 17/49 | €45,339 | €67,448 | +€22,110 | +48.8% |
| Amounts payable after more than one year | 17 | €5,976 | €30,171 | +€24,195 | +405% |
| Financial debts | 170/4 | €5,976 | €30,171 | +€24,195 | +405% |
| Amounts payable within one year | 42/48 | €32,883 | €37,277 | +€4,395 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €4,521 | €14,255 | +€9,735 | +215% |
| Trade debts | 44 | €13,953 | €11,790 | -€2,164 | -15.5% |
| Suppliers | 440/4 | €13,953 | €11,790 | -€2,164 | -15.5% |
| Taxes, remuneration and social security | 45 | €14,409 | €11,233 | -€3,176 | -22.0% |
| Taxes | 450/3 | €9,224 | €11,233 | +€2,008 | +21.8% |
| Remuneration and social security | 454/9 | €5,185 | - | -€5,185 | |
| Accrued charges and deferred income | 492/3 | €6,480 | - | -€6,480 | |
| Remuneration, social security and pensions | 62 | €34,448 | €7,657 | -€26,791 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,054 | €10,111 | +€3,057 | +43.3% |
| Other operating charges | 640/8 | €3,285 | €6,560 | +€3,275 | +99.7% |
| Gross operating margin | 9900 | €80,833 | €49,360 | -€31,473 | -38.9% |
| Operating profit (loss) | 9901 | €36,046 | €25,033 | -€11,014 | -30.6% |
| Financial income | 75/76B | €84 | - | -€84 | |
| Recurring financial income | 75 | €84 | - | -€84 | |
| Financial charges | 65/66B | €3,589 | €2,259 | -€1,330 | -37.1% |
| Recurring financial charges | 65 | €3,589 | €2,259 | -€1,330 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €32,541 | €22,774 | -€9,767 | -30.0% |
| Income taxes | 67/77 | €9,727 | €10,724 | +€996 | +10.2% |
| Profit (loss) for the period | 9904 | €22,814 | €12,050 | -€10,764 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,814 | €12,050 | -€10,764 | -47.2% |
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 17 October 2026 via checked.be.