BOEF!: 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.
BOEF!
Largest movements
- Cash -€5,706
down €5,706 (-30.3%), from €18,818 to €13,112
mainly Other debts (-€6,900) and Receivables within one year (-€611)
- Receivables within one year +€611
up €611 (+25.8%), from €2,367 to €2,978
of which Trade receivables: +€1,885
- Tangible fixed assets -€316
down €316 (-72.3%), from €437 to €121
- Other debts -€6,900
down €6,900 (-81.4%), from €8,473 to €1,573
- Reserves +€1,815
up €1,815 (+28.0%), from €6,489 to €8,304
- Trade debts -€369
down €369 (-68.4%), from €539 to €170
- Gross operating margin +€1,681
up €1,681 (+141.2%), from €1,190 to €2,870
- Other operating charges -€501
down €501 (-42.9%), from €1,169 to €668
- Financial income -€44
down €44 (-100.0%), from €44 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.
Cash bridge derived
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 | €21,702 | €16,248 | -€5,454 | -25.1% |
| Fixed assets | 21/28 | €437 | €121 | -€316 | -72.3% |
| Tangible fixed assets | 22/27 | €437 | €121 | -€316 | -72.3% |
| Furniture and vehicles | 24 | €437 | €121 | -€316 | -72.3% |
| Current assets | 29/58 | €21,265 | €16,127 | -€5,138 | -24.2% |
| Amounts receivable within one year | 40/41 | €2,367 | €2,978 | +€611 | +25.8% |
| Trade receivables | 40 | €0 | €1,885 | +€1,885 | |
| Other amounts receivable | 41 | €2,367 | €1,093 | -€1,274 | -53.8% |
| Cash at bank and in hand | 54/58 | €18,818 | €13,112 | -€5,706 | -30.3% |
| Deferred charges and accrued income | 490/1 | €80 | €36 | -€43 | -54.3% |
| Total equity and liabilities | 10/49 | €21,702 | €16,248 | -€5,454 | -25.1% |
| Equity | 10/15 | €12,689 | €14,504 | +€1,815 | +14.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,489 | €8,304 | +€1,815 | +28.0% |
| Distributable reserves | 133 | €6,489 | €8,304 | +€1,815 | +28.0% |
| Amounts payable | 17/49 | €9,012 | €1,744 | -€7,269 | -80.7% |
| Amounts payable within one year | 42/48 | €9,012 | €1,744 | -€7,269 | -80.7% |
| Trade debts | 44 | €539 | €170 | -€369 | -68.4% |
| Suppliers | 440/4 | €539 | €170 | -€369 | -68.4% |
| Other amounts payable | 47/48 | €8,473 | €1,573 | -€6,900 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | €316 | = | 0.0% |
| Other operating charges | 640/8 | €1,169 | €668 | -€501 | -42.9% |
| Gross operating margin | 9900 | €1,190 | €2,870 | +€1,681 | +141.2% |
| Operating profit (loss) | 9901 | -€295 | €1,887 | +€2,182 | |
| Financial income | 75/76B | €44 | €0 | -€44 | -100.0% |
| Recurring financial income | 75 | €44 | €0 | -€44 | -100.0% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +18.0% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€312 | €1,815 | +€2,126 | |
| Profit (loss) for the period | 9904 | -€312 | €1,815 | +€2,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€312 | €1,815 | +€2,126 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.