BOAVISTA: 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.
BOAVISTA
Largest movements
- Tangible fixed assets -€197,412
down €197,412 (-99.4%), from €198,635 to €1,224
of which Assets under construction and advance payments: -€196,648
- Cash +€191,884
up €191,884 (+353%), from €54,424 to €246,308
mainly Investment in fixed assets (net) (+€196,648) and Net result for the year (+€7,596)
- Stocks and contracts +€14,000
new in 2025: €14,000
- Profit (loss) carried forward +€7,596
up €7,596 (+21.0%), from -€36,143 to -€28,547
- Gross operating margin +€45,440
up €45,440, from -€41,382 to €4,059
- Financial income -€3,010
down €3,010 (-24.5%), from €12,266 to €9,257
- Other operating charges -€819
down €819 (-47.8%), from €1,715 to €896
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 | €448,180 | €455,750 | +€7,569 | +1.7% |
| Fixed assets | 21/28 | €250,052 | €52,640 | -€197,412 | -78.9% |
| Tangible fixed assets | 22/27 | €198,635 | €1,224 | -€197,412 | -99.4% |
| Plant, machinery and equipment | 23 | €117 | - | -€117 | |
| Furniture and vehicles | 24 | €1,870 | €1,224 | -€646 | -34.6% |
| Assets under construction and advance payments | 27 | €196,648 | - | -€196,648 | |
| Financial fixed assets | 28 | €51,416 | €51,416 | = | 0.0% |
| Current assets | 29/58 | €198,129 | €403,110 | +€204,981 | +103% |
| Stocks and contracts in progress | 3 | - | €14,000 | +€14,000 | |
| Stocks | 30/36 | - | €14,000 | +€14,000 | |
| Amounts receivable within one year | 40/41 | €3,705 | €2,802 | -€903 | -24.4% |
| Other amounts receivable | 41 | €3,705 | €2,802 | -€903 | -24.4% |
| Current investments | 50/53 | €140,000 | €140,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €54,424 | €246,308 | +€191,884 | +353% |
| Total equity and liabilities | 10/49 | €448,180 | €455,750 | +€7,569 | +1.7% |
| Equity | 10/15 | €447,899 | €455,495 | +€7,596 | +1.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €284,042 | €284,042 | = | 0.0% |
| Distributable reserves | 133 | €284,042 | €284,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,143 | -€28,547 | +€7,596 | +21.0% |
| Amounts payable | 17/49 | €281 | €254 | -€27 | -9.6% |
| Amounts payable within one year | 42/48 | €281 | €254 | -€27 | -9.6% |
| Trade debts | 44 | €281 | €254 | -€27 | -9.6% |
| Suppliers | 440/4 | €281 | €254 | -€27 | -9.6% |
| Remuneration, social security and pensions | 62 | €3,712 | €3,552 | -€160 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,121 | €764 | -€358 | -31.9% |
| Other operating charges | 640/8 | €1,715 | €896 | -€819 | -47.8% |
| Gross operating margin | 9900 | -€41,382 | €4,059 | +€45,440 | |
| Operating profit (loss) | 9901 | -€47,930 | -€1,153 | +€46,777 | +97.6% |
| Financial income | 75/76B | €12,266 | €9,257 | -€3,010 | -24.5% |
| Recurring financial income | 75 | €12,266 | €9,257 | -€3,010 | -24.5% |
| Financial charges | 65/66B | €630 | €507 | -€122 | -19.4% |
| Recurring financial charges | 65 | €630 | €507 | -€122 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€36,294 | €7,596 | +€43,890 | |
| Income taxes | 67/77 | -€150 | - | +€150 | |
| Profit (loss) for the period | 9904 | -€36,143 | €7,596 | +€43,740 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,143 | €7,596 | +€43,740 |
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 30 October 2026 via checked.be.