BOAT EVENT: what changed
Two fiscal 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.
BOAT EVENT
Largest movements
- Tangible fixed assets -€4,250
down €4,250 (-20.0%), from €21,250 to €17,000
- Cash -€1,503
down €1,503 (-69.7%), from €2,156 to €654
mainly Net result for the year (-€7,127) and Trade debts (-€626)
- Profit (loss) carried forward -€7,127
down €7,127 (-104.3%), from -€6,831 to -€13,958
- Other debts +€2,000
up €2,000 (+6.9%), from €29,152 to €31,152
- Trade debts -€626
no longer reported in 2025 (was €626)
- Gross operating margin -€11,883
down €11,883, from €9,044 to -€2,839
- Turnover -€10,000
no longer reported in 2025 (was €10,000)
- Purchases and services +€1,883
up €1,883 (+197.0%), from €956 to €2,839
- Taxes -€1,040
no longer reported in 2025 (was €1,040)
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.
Cash bridge derived
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 | €43,406 | €37,654 | -€5,753 | -13.3% |
| Fixed assets | 21/28 | €21,250 | €17,000 | -€4,250 | -20.0% |
| Tangible fixed assets | 22/27 | €21,250 | €17,000 | -€4,250 | -20.0% |
| Plant, machinery and equipment | 23 | €21,250 | €17,000 | -€4,250 | -20.0% |
| Current assets | 29/58 | €22,156 | €20,654 | -€1,503 | -6.8% |
| Amounts receivable within one year | 40/41 | €20,000 | €20,000 | = | 0.0% |
| Trade receivables | 40 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,156 | €654 | -€1,503 | -69.7% |
| Total equity and liabilities | 10/49 | €43,406 | €37,654 | -€5,753 | -13.3% |
| Equity | 10/15 | €13,629 | €6,502 | -€7,127 | -52.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,831 | -€13,958 | -€7,127 | -104.3% |
| Amounts payable | 17/49 | €29,778 | €31,152 | +€1,375 | +4.6% |
| Amounts payable within one year | 42/48 | €29,778 | €31,152 | +€1,375 | +4.6% |
| Trade debts | 44 | €626 | - | -€626 | |
| Suppliers | 440/4 | €626 | - | -€626 | |
| Other amounts payable | 47/48 | €29,152 | €31,152 | +€2,000 | +6.9% |
| Turnover | 70 | €10,000 | - | -€10,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €956 | €2,839 | +€1,883 | +197.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,250 | €4,250 | = | 0.0% |
| Gross operating margin | 9900 | €9,044 | -€2,839 | -€11,883 | |
| Operating profit (loss) | 9901 | €4,794 | -€7,089 | -€11,883 | |
| Financial charges | 65/66B | €38 | €38 | = | 0.0% |
| Recurring financial charges | 65 | €38 | €38 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,756 | -€7,127 | -€11,883 | |
| Income taxes | 67/77 | €1,040 | - | -€1,040 | |
| Profit (loss) for the period | 9904 | €3,716 | -€7,127 | -€10,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,716 | -€7,127 | -€10,843 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.