BOECKX KITWERKEN: 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.
BOECKX KITWERKEN
Largest movements
- Tangible fixed assets -€26,111
down €26,111 (-89.5%), from €29,172 to €3,061
- Receivables within one year +€25,256
up €25,256 (+36.4%), from €69,463 to €94,719
of which Trade receivables: +€36,163
- Cash -€9,922
down €9,922 (-79.6%), from €12,468 to €2,546
mainly Net result for the year (-€73,137) and Receivables within one year (-€25,256)
- Financial fixed assets -€1,800
down €1,800 (-100%), from €1,800 to €0
- Profit (loss) carried forward -€73,137
down €73,137 (-28,152%), from -€260 to -€73,397
- Short-term financial debts +€29,551
new in 2024: €29,551
- Trade debts +€21,576
up €21,576 (+773%), from €2,793 to €24,369
- Other debts +€16,698
new in 2024: €16,698
- Debts after one year -€3,644
down €3,644 (-19.8%), from €18,379 to €14,735
- Gross operating margin -€48,369
down €48,369, from €33,520 to -€14,850
- Depreciation -€5,251
down €5,251 (-81.0%), from €6,485 to €1,235
- Staff costs -€3,465
down €3,465 (-10.2%), from €33,812 to €30,347
- Financial charges +€1,696
up €1,696 (+58.9%), from €2,877 to €4,572
- Other operating charges +€1,286
up €1,286 (+112%), from €1,151 to €2,437
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,066 | €101,517 | -€13,549 | -11.8% |
| Fixed assets | 21/28 | €30,972 | €3,061 | -€27,911 | -90.1% |
| Tangible fixed assets | 22/27 | €29,172 | €3,061 | -€26,111 | -89.5% |
| Furniture and vehicles | 24 | €29,172 | €3,061 | -€26,111 | -89.5% |
| Financial fixed assets | 28 | €1,800 | €0 | -€1,800 | -100% |
| Current assets | 29/58 | €84,094 | €98,456 | +€14,362 | +17.1% |
| Amounts receivable within one year | 40/41 | €69,463 | €94,719 | +€25,256 | +36.4% |
| Trade receivables | 40 | €27,067 | €63,230 | +€36,163 | +134% |
| Other amounts receivable | 41 | €42,396 | €31,489 | -€10,907 | -25.7% |
| Cash at bank and in hand | 54/58 | €12,468 | €2,546 | -€9,922 | -79.6% |
| Deferred charges and accrued income | 490/1 | €2,163 | €1,192 | -€972 | -44.9% |
| Total equity and liabilities | 10/49 | €115,066 | €101,517 | -€13,549 | -11.8% |
| Equity | 10/15 | €73,584 | €447 | -€73,137 | -99.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,844 | €68,844 | = | 0.0% |
| Distributable reserves | 133 | €68,844 | €68,844 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€260 | -€73,397 | -€73,137 | -28,152% |
| Amounts payable | 17/49 | €41,482 | €101,070 | +€59,588 | +144% |
| Amounts payable after more than one year | 17 | €18,379 | €14,735 | -€3,644 | -19.8% |
| Financial debts | 170/4 | €18,379 | €14,735 | -€3,644 | -19.8% |
| Amounts payable within one year | 42/48 | €23,103 | €86,335 | +€63,232 | +274% |
| Current portion of amounts payable after more than one year | 42 | €10,053 | €6,647 | -€3,406 | -33.9% |
| Financial debts | 43 | - | €29,551 | +€29,551 | |
| Credit institutions | 430/8 | - | €29,551 | +€29,551 | |
| Trade debts | 44 | €2,793 | €24,369 | +€21,576 | +773% |
| Suppliers | 440/4 | €2,793 | €24,369 | +€21,576 | +773% |
| Taxes, remuneration and social security | 45 | €10,258 | €9,071 | -€1,187 | -11.6% |
| Taxes | 450/3 | €68 | €222 | +€154 | +227% |
| Remuneration and social security | 454/9 | €10,190 | €8,850 | -€1,340 | -13.2% |
| Other amounts payable | 47/48 | - | €16,698 | +€16,698 | |
| Remuneration, social security and pensions | 62 | €33,812 | €30,347 | -€3,465 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,485 | €1,235 | -€5,251 | -81.0% |
| Other operating charges | 640/8 | €1,151 | €2,437 | +€1,286 | +112% |
| Non-recurring operating charges | 66A | €5,230 | €19,477 | +€14,247 | +272% |
| Gross operating margin | 9900 | €33,520 | -€14,850 | -€48,369 | |
| Operating profit (loss) | 9901 | -€13,158 | -€68,345 | -€55,187 | -419% |
| Financial income | 75/76B | €0 | €9 | +€9 | +31,267% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +31,267% |
| Financial charges | 65/66B | €2,877 | €4,572 | +€1,696 | +58.9% |
| Recurring financial charges | 65 | €2,877 | €4,572 | +€1,696 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,035 | -€72,908 | -€56,874 | -355% |
| Income taxes | 67/77 | €282 | €229 | -€53 | -18.9% |
| Profit (loss) for the period | 9904 | -€16,317 | -€73,137 | -€56,820 | -348% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,317 | -€73,137 | -€56,820 | -348% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.