Boden Frank: 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.
Boden Frank
Largest movements
- Cash -€2,548
down €2,548 (-99.2%), from €2,569 to €21
mainly Net result for the year (-€4,529) and Receivables within one year (-€1,254)
- Receivables within one year +€1,254
up €1,254 (+42.4%), from €2,956 to €4,211
of which Trade receivables: +€1,760
- Tangible fixed assets -€400
down €400 (-34.3%), from €1,167 to €767
- Profit (loss) carried forward -€4,529
down €4,529 (-202%), from -€2,239 to -€6,768
- Other debts +€1,881
up €1,881 (+66.6%), from €2,827 to €4,708
- Trade debts +€954
up €954 (+30.7%), from €3,105 to €4,059
- Gross operating margin -€1,676
down €1,676 (-110%), from -€1,522 to -€3,198
- Other operating charges +€498
up €498 (+129%), from €387 to €886
- Depreciation +€367
up €367 (+1,117%), from €33 to €400
- Financial charges -€251
down €251 (-84.6%), from €297 to €46
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 | €6,693 | €4,999 | -€1,694 | -25.3% |
| Fixed assets | 21/28 | €1,167 | €767 | -€400 | -34.3% |
| Tangible fixed assets | 22/27 | €1,167 | €767 | -€400 | -34.3% |
| Furniture and vehicles | 24 | €1,167 | €767 | -€400 | -34.3% |
| Current assets | 29/58 | €5,525 | €4,232 | -€1,294 | -23.4% |
| Amounts receivable within one year | 40/41 | €2,956 | €4,211 | +€1,254 | +42.4% |
| Trade receivables | 40 | - | €1,760 | +€1,760 | |
| Other amounts receivable | 41 | €2,956 | €2,451 | -€506 | -17.1% |
| Cash at bank and in hand | 54/58 | €2,569 | €21 | -€2,548 | -99.2% |
| Total equity and liabilities | 10/49 | €6,693 | €4,999 | -€1,694 | -25.3% |
| Equity | 10/15 | €761 | -€3,768 | -€4,529 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,239 | -€6,768 | -€4,529 | -202% |
| Amounts payable | 17/49 | €5,932 | €8,767 | +€2,835 | +47.8% |
| Amounts payable within one year | 42/48 | €5,932 | €8,767 | +€2,835 | +47.8% |
| Trade debts | 44 | €3,105 | €4,059 | +€954 | +30.7% |
| Suppliers | 440/4 | €3,105 | €4,059 | +€954 | +30.7% |
| Other amounts payable | 47/48 | €2,827 | €4,708 | +€1,881 | +66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €400 | +€367 | +1,117% |
| Other operating charges | 640/8 | €387 | €886 | +€498 | +129% |
| Gross operating margin | 9900 | -€1,522 | -€3,198 | -€1,676 | -110% |
| Operating profit (loss) | 9901 | -€1,942 | -€4,484 | -€2,541 | -131% |
| Financial income | 75/76B | €0 | €0 | +€0 | +66.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +66.7% |
| Financial charges | 65/66B | €297 | €46 | -€251 | -84.6% |
| Recurring financial charges | 65 | €297 | €46 | -€251 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,239 | -€4,529 | -€2,290 | -102% |
| Profit (loss) for the period | 9904 | -€2,239 | -€4,529 | -€2,290 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,239 | -€4,529 | -€2,290 | -102% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.