Boeck Eline: 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.
Boeck Eline
Largest movements
- Cash +€29,140
up €29,140 (+194%), from €15,020 to €44,159
mainly Net result for the year (+€35,020) and Tax, wage and social debts (+€13,742)
- Receivables after one year +€15,000
new in 2025: €15,000
- Receivables within one year +€4,835
up €4,835 (+51.1%), from €9,457 to €14,292
of which Trade receivables: +€4,833
- Reserves +€33,354
up €33,354 (+257%), from €12,984 to €46,338
- Tax, wage and social debts +€13,742
up €13,742 (+160%), from €8,563 to €22,305
of which Taxes: +€12,222
- Other debts +€767
up €767 (+37.2%), from €2,061 to €2,828
- Gross operating margin +€29,733
up €29,733 (+131%), from €22,659 to €52,391
- Taxes +€6,058
up €6,058 (+136%), from €4,467 to €10,526
- Other operating charges +€2,690
up €2,690 (+80.2%), from €3,352 to €6,042
- Depreciation +€776
up €776 (+1,011%), from €77 to €853
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 | €26,398 | €75,535 | +€49,137 | +186% |
| Fixed assets | 21/28 | €1,921 | €1,971 | +€50 | +2.6% |
| Tangible fixed assets | 22/27 | €1,921 | €1,971 | +€50 | +2.6% |
| Plant, machinery and equipment | 23 | €1,108 | €1,329 | +€220 | +19.9% |
| Other tangible fixed assets | 26 | €813 | €642 | -€171 | -21.0% |
| Current assets | 29/58 | €24,477 | €73,564 | +€49,087 | +201% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €9,457 | €14,292 | +€4,835 | +51.1% |
| Trade receivables | 40 | €9,455 | €14,288 | +€4,833 | +51.1% |
| Other amounts receivable | 41 | €2 | €5 | +€2 | +100% |
| Cash at bank and in hand | 54/58 | €15,020 | €44,159 | +€29,140 | +194% |
| Deferred charges and accrued income | 490/1 | - | €113 | +€113 | |
| Total equity and liabilities | 10/49 | €26,398 | €75,535 | +€49,137 | +186% |
| Equity | 10/15 | €15,484 | €48,838 | +€33,354 | +215% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €12,984 | €46,338 | +€33,354 | +257% |
| Distributable reserves | 133 | €12,984 | €46,338 | +€33,354 | +257% |
| Amounts payable | 17/49 | €10,914 | €26,697 | +€15,783 | +145% |
| Amounts payable within one year | 42/48 | €10,914 | €26,122 | +€15,208 | +139% |
| Trade debts | 44 | €290 | €989 | +€699 | +241% |
| Suppliers | 440/4 | €290 | €989 | +€699 | +241% |
| Taxes, remuneration and social security | 45 | €8,563 | €22,305 | +€13,742 | +160% |
| Taxes | 450/3 | €8,563 | €20,785 | +€12,222 | +143% |
| Remuneration and social security | 454/9 | - | €1,520 | +€1,520 | |
| Other amounts payable | 47/48 | €2,061 | €2,828 | +€767 | +37.2% |
| Accrued charges and deferred income | 492/3 | - | €575 | +€575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €853 | +€776 | +1,011% |
| Other operating charges | 640/8 | €3,352 | €6,042 | +€2,690 | +80.2% |
| Gross operating margin | 9900 | €22,659 | €52,391 | +€29,733 | +131% |
| Operating profit (loss) | 9901 | €19,230 | €45,496 | +€26,266 | +137% |
| Financial income | 75/76B | €0 | €120 | +€120 | +1,196,100% |
| Recurring financial income | 75 | €0 | €120 | +€120 | +1,196,100% |
| Financial charges | 65/66B | €60 | €70 | +€11 | +17.8% |
| Recurring financial charges | 65 | €60 | €70 | +€11 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €19,170 | €45,545 | +€26,375 | +138% |
| Income taxes | 67/77 | €4,467 | €10,526 | +€6,058 | +136% |
| Profit (loss) for the period | 9904 | €14,702 | €35,020 | +€20,317 | +138% |
| Profit (loss) for the period to be appropriated | 9905 | €14,702 | €35,020 | +€20,317 | +138% |
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 27 October 2026 via checked.be.