Boat in Gent: what changed
What changed
Boat in Gent
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€309,865
2024 · €306,350+€3,516
Equity
€527,996
2024 · €253,131+€274,865
Cash
€13,735
2024 · €54,417-€40,682
Balance sheet total
€834,405
2024 · €856,583-€22,177
Largest movements
Assets
- Receivables within one year +€125,226
up €125,226 (+128%), from €98,208 to €223,434
of which Other amounts receivable: +€172,341
- Tangible fixed assets -€54,221
down €54,221 (-14.0%), from €387,068 to €332,847
- Current investments -€50,000
down €50,000 (-16.7%), from €300,000 to €250,000
- Cash -€40,682
down €40,682 (-74.8%), from €54,417 to €13,735
mainly Other debts (-€214,982) and Receivables within one year (-€125,226)
Equity and liabilities
- Profit (loss) carried forward +€274,865
up €274,865 (+118%), from €232,671 to €507,536
- Other debts -€214,982
down €214,982 (-73.9%), from €290,728 to €75,746
- Tax, wage and social debts -€44,213
down €44,213 (-55.9%), from €79,109 to €34,895
- Debts after one year -€35,907
down €35,907 (-16.0%), from €224,892 to €188,985
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€306,350
Gross operating margin
-€657
Depreciation
-€2,931
Other operating charges
+€1,423
Financial income
+€3,994
Financial charges
+€326
Taxes
+€1,360
Result 2025
€309,865
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€19,775
Investment
+€50,000
Financing
-€70,907
Cash 2024
€54,417
From operations (derived)
-€19,775
Net result for the year
+€309,865
Depreciation
+€56,721
Receivables within one year
-€125,226
Trade debts
-€4,544
Tax, wage and social debts
-€44,213
Other debts
-€214,982
Accrued charges and deferred income
+€2,604
Investment (derived)
+€50,000
Current investments
+€50,000
Financing
-€70,907
Debts after one year
-€35,907
Contributions, distributions and other
-€35,000
Cash 2025
€13,735
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €856,583 | €834,405 | -€22,177 | -2.6% |
| Fixed assets | 21/28 | €403,957 | €347,236 | -€56,721 | -14.0% |
| Intangible fixed assets | 21 | €16,889 | €14,389 | -€2,500 | -14.8% |
| Tangible fixed assets | 22/27 | €387,068 | €332,847 | -€54,221 | -14.0% |
| Plant, machinery and equipment | 23 | €387,068 | €332,847 | -€54,221 | -14.0% |
| Current assets | 29/58 | €452,625 | €487,170 | +€34,544 | +7.6% |
| Amounts receivable within one year | 40/41 | €98,208 | €223,434 | +€125,226 | +128% |
| Trade receivables | 40 | €98,208 | €51,094 | -€47,115 | -48.0% |
| Other amounts receivable | 41 | - | €172,341 | +€172,341 | |
| Current investments | 50/53 | €300,000 | €250,000 | -€50,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €54,417 | €13,735 | -€40,682 | -74.8% |
| Total equity and liabilities | 10/49 | €856,583 | €834,405 | -€22,177 | -2.6% |
| Equity | 10/15 | €253,131 | €527,996 | +€274,865 | +109% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €232,671 | €507,536 | +€274,865 | +118% |
| Amounts payable | 17/49 | €603,452 | €306,409 | -€297,043 | -49.2% |
| Amounts payable after more than one year | 17 | €224,892 | €188,985 | -€35,907 | -16.0% |
| Other amounts payable | 178/9 | €224,892 | €188,985 | -€35,907 | -16.0% |
| Amounts payable within one year | 42/48 | €378,560 | €114,820 | -€263,740 | -69.7% |
| Trade debts | 44 | €8,723 | €4,178 | -€4,544 | -52.1% |
| Suppliers | 440/4 | €8,723 | €4,178 | -€4,544 | -52.1% |
| Taxes, remuneration and social security | 45 | €79,109 | €34,895 | -€44,213 | -55.9% |
| Taxes | 450/3 | €79,109 | €34,895 | -€44,213 | -55.9% |
| Other amounts payable | 47/48 | €290,728 | €75,746 | -€214,982 | -73.9% |
| Accrued charges and deferred income | 492/3 | - | €2,604 | +€2,604 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,791 | €56,721 | +€2,931 | +5.4% |
| Other operating charges | 640/8 | €4,356 | €2,933 | -€1,423 | -32.7% |
| Gross operating margin | 9900 | €474,377 | €473,720 | -€657 | -0.1% |
| Operating profit (loss) | 9901 | €416,230 | €414,065 | -€2,165 | -0.5% |
| Financial income | 75/76B | €111 | €4,105 | +€3,994 | +3,606% |
| Recurring financial income | 75 | €111 | €4,105 | +€3,994 | +3,606% |
| Financial charges | 65/66B | €3,015 | €2,688 | -€326 | -10.8% |
| Recurring financial charges | 65 | €3,015 | €2,688 | -€326 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €413,326 | €415,482 | +€2,156 | +0.5% |
| Income taxes | 67/77 | €106,976 | €105,617 | -€1,360 | -1.3% |
| Profit (loss) for the period | 9904 | €306,350 | €309,865 | +€3,516 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €306,350 | €309,865 | +€3,516 | +1.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.