Boeckx N: 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 N
Largest movements
- Current investments +€50,061
new in 2025: €50,061
- Cash -€37,684
down €37,684 (-72.6%), from €51,877 to €14,193
mainly Current investments (-€50,061) and Other debts (-€10,547)
- Receivables within one year +€5,963
up €5,963 (+38.9%), from €15,327 to €21,290
of which Trade receivables: +€5,906
- Tangible fixed assets -€3,563
down €3,563 (-28.6%), from €12,461 to €8,898
of which Plant, machinery and equipment: -€3,424
- Stocks and contracts +€1,300
new in 2025: €1,300
- Reserves +€29,339
up €29,339 (+66.4%), from €44,182 to €73,520
- Other debts -€10,547
down €10,547 (-48.3%), from €21,851 to €11,304
- Tax, wage and social debts -€1,374
down €1,374 (-14.6%), from €9,409 to €8,035
of which Taxes: -€1,374
- Gross operating margin +€8,100
up €8,100 (+19.5%), from €41,555 to €49,655
- Taxes +€2,933
up €2,933 (+32.1%), from €9,138 to €12,070
- Write-downs -€1,293
down €1,293 (-100%), from €1,293 to €0
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 | €82,706 | €99,780 | +€17,074 | +20.6% |
| Fixed assets | 21/28 | €14,159 | €10,397 | -€3,763 | -26.6% |
| Intangible fixed assets | 21 | €1,699 | €1,499 | -€200 | -11.8% |
| Tangible fixed assets | 22/27 | €12,461 | €8,898 | -€3,563 | -28.6% |
| Plant, machinery and equipment | 23 | €10,994 | €7,569 | -€3,424 | -31.1% |
| Furniture and vehicles | 24 | €1,467 | €1,329 | -€139 | -9.4% |
| Current assets | 29/58 | €68,547 | €89,383 | +€20,836 | +30.4% |
| Stocks and contracts in progress | 3 | - | €1,300 | +€1,300 | |
| Stocks | 30/36 | - | €1,300 | +€1,300 | |
| Amounts receivable within one year | 40/41 | €15,327 | €21,290 | +€5,963 | +38.9% |
| Trade receivables | 40 | €15,289 | €21,195 | +€5,906 | +38.6% |
| Other amounts receivable | 41 | €39 | €95 | +€56 | +146% |
| Current investments | 50/53 | - | €50,061 | +€50,061 | |
| Cash at bank and in hand | 54/58 | €51,877 | €14,193 | -€37,684 | -72.6% |
| Deferred charges and accrued income | 490/1 | €1,342 | €2,538 | +€1,196 | +89.1% |
| Total equity and liabilities | 10/49 | €82,706 | €99,780 | +€17,074 | +20.6% |
| Equity | 10/15 | €49,182 | €78,520 | +€29,339 | +59.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,182 | €73,520 | +€29,339 | +66.4% |
| Distributable reserves | 133 | €44,182 | €73,520 | +€29,339 | +66.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,525 | €21,260 | -€12,265 | -36.6% |
| Amounts payable within one year | 42/48 | €33,525 | €21,260 | -€12,265 | -36.6% |
| Financial debts | 43 | €1,804 | €1,105 | -€699 | -38.7% |
| Credit institutions | 430/8 | €1,804 | €1,105 | -€699 | -38.7% |
| Trade debts | 44 | €461 | €816 | +€354 | +76.8% |
| Suppliers | 440/4 | €461 | €816 | +€354 | +76.8% |
| Taxes, remuneration and social security | 45 | €9,409 | €8,035 | -€1,374 | -14.6% |
| Taxes | 450/3 | €7,709 | €6,335 | -€1,374 | -17.8% |
| Remuneration and social security | 454/9 | €1,700 | €1,700 | = | 0.0% |
| Other amounts payable | 47/48 | €21,851 | €11,304 | -€10,547 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,369 | €5,063 | -€307 | -5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,293 | €0 | -€1,293 | -100% |
| Other operating charges | 640/8 | €1,250 | €1,303 | +€53 | +4.3% |
| Gross operating margin | 9900 | €41,555 | €49,655 | +€8,100 | +19.5% |
| Operating profit (loss) | 9901 | €33,643 | €43,289 | +€9,646 | +28.7% |
| Financial income | 75/76B | €0 | €96 | +€96 | +239,025% |
| Recurring financial income | 75 | €0 | €96 | +€96 | +239,025% |
| Financial charges | 65/66B | €1,543 | €1,142 | -€401 | -26.0% |
| Recurring financial charges | 65 | €1,543 | €1,142 | -€401 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €32,100 | €42,242 | +€10,142 | +31.6% |
| Income taxes | 67/77 | €9,138 | €12,070 | +€2,933 | +32.1% |
| Profit (loss) for the period | 9904 | €22,962 | €30,172 | +€7,210 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,962 | €30,172 | +€7,210 | +31.4% |
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 16 October 2026 via checked.be.