Boderé - Debruyne: 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.
Boderé - Debruyne
Largest movements
- Cash -€191,448
down €191,448 (-62.2%), from €307,880 to €116,432
mainly Contributions, distributions and other (-€235,294) and Investment in fixed assets (net) (-€50,315)
- Tangible fixed assets +€41,424
up €41,424 (+592%), from €6,995 to €48,419
of which Furniture and vehicles: +€42,834
- Receivables within one year +€27,414
up €27,414 (+305%), from €8,999 to €36,412
of which Trade receivables: +€33,591
- Deferred charges and accrued income -€17,929
down €17,929 (-48.7%), from €36,820 to €18,891
- Reserves -€134,838
down €134,838 (-41.3%), from €326,558 to €191,720
- Tax, wage and social debts -€16,617
down €16,617 (-74.0%), from €22,443 to €5,826
of which Taxes: -€16,802
- Advances received +€15,707
new in 2025: €15,707
- Other debts -€4,319
down €4,319 (-100%), from €4,319 to €0
- Gross operating margin -€22,411
down €22,411 (-13.6%), from €164,255 to €141,844
- Taxes -€4,384
down €4,384 (-12.3%), from €35,740 to €31,357
- Depreciation +€2,134
up €2,134 (+31.6%), from €6,757 to €8,891
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 | €360,693 | €220,155 | -€140,539 | -39.0% |
| Fixed assets | 21/28 | €6,995 | €48,419 | +€41,424 | +592% |
| Tangible fixed assets | 22/27 | €6,995 | €48,419 | +€41,424 | +592% |
| Plant, machinery and equipment | 23 | €5,091 | €3,681 | -€1,410 | -27.7% |
| Furniture and vehicles | 24 | €1,904 | €44,738 | +€42,834 | +2,250% |
| Current assets | 29/58 | €353,699 | €171,736 | -€181,963 | -51.4% |
| Amounts receivable within one year | 40/41 | €8,999 | €36,412 | +€27,414 | +305% |
| Trade receivables | 40 | - | €33,591 | +€33,591 | |
| Other amounts receivable | 41 | €8,999 | €2,821 | -€6,177 | -68.6% |
| Cash at bank and in hand | 54/58 | €307,880 | €116,432 | -€191,448 | -62.2% |
| Deferred charges and accrued income | 490/1 | €36,820 | €18,891 | -€17,929 | -48.7% |
| Total equity and liabilities | 10/49 | €360,693 | €220,155 | -€140,539 | -39.0% |
| Equity | 10/15 | €330,558 | €195,720 | -€134,838 | -40.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €326,558 | €191,720 | -€134,838 | -41.3% |
| Distributable reserves | 133 | €326,558 | €191,720 | -€134,838 | -41.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €30,136 | €24,435 | -€5,701 | -18.9% |
| Amounts payable within one year | 42/48 | €27,636 | €21,935 | -€5,701 | -20.6% |
| Financial debts | 43 | €6 | €76 | +€70 | +1,172% |
| Other loans | 439 | €6 | €76 | +€70 | +1,172% |
| Trade debts | 44 | €868 | €325 | -€543 | -62.5% |
| Suppliers | 440/4 | €868 | €325 | -€543 | -62.5% |
| Advances received on contracts in progress | 46 | - | €15,707 | +€15,707 | |
| Taxes, remuneration and social security | 45 | €22,443 | €5,826 | -€16,617 | -74.0% |
| Taxes | 450/3 | €18,159 | €1,357 | -€16,802 | -92.5% |
| Remuneration and social security | 454/9 | €4,285 | €4,469 | +€185 | +4.3% |
| Other amounts payable | 47/48 | €4,319 | €0 | -€4,319 | -100% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,757 | €8,891 | +€2,134 | +31.6% |
| Other operating charges | 640/8 | €841 | €1,300 | +€458 | +54.5% |
| Gross operating margin | 9900 | €164,255 | €141,844 | -€22,411 | -13.6% |
| Operating profit (loss) | 9901 | €156,657 | €131,653 | -€25,004 | -16.0% |
| Financial income | 75/76B | €37 | €302 | +€265 | +724% |
| Recurring financial income | 75 | €37 | €302 | +€265 | +724% |
| Financial charges | 65/66B | €162 | €142 | -€20 | -12.1% |
| Recurring financial charges | 65 | €162 | €142 | -€20 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €156,532 | €131,813 | -€24,719 | -15.8% |
| Income taxes | 67/77 | €35,740 | €31,357 | -€4,384 | -12.3% |
| Profit (loss) for the period | 9904 | €120,792 | €100,457 | -€20,335 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,792 | €100,457 | -€20,335 | -16.8% |
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.