BOEKENBRON: 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.
BOEKENBRON
Largest movements
- Receivables within one year +€120,388
up €120,388 (+119%), from €101,424 to €221,812
- Stocks and contracts -€74,728
down €74,728 (-39.5%), from €189,412 to €114,684
- Financial fixed assets +€34,880
up €34,880 (+30.9%), from €113,000 to €147,880
- Cash -€27,720
down €27,720 (-34.0%), from €81,430 to €53,710
mainly Receivables within one year (-€120,388) and Investment in fixed assets (net) (-€35,830)
- Intangible fixed assets -€18,750
down €18,750 (-33.3%), from €56,250 to €37,500
- Profit (loss) carried forward +€34,227
up €34,227 (+8.4%), from €407,991 to €442,218
- Trade debts -€30,488
down €30,488 (-89.2%), from €34,179 to €3,691
- Reserves +€30,000
up €30,000 (+78.9%), from €38,000 to €68,000
of which Distributable reserves: +€30,000
- Debts after one year -€28,661
down €28,661 (-11.4%), from €251,021 to €222,360
- Tax, wage and social debts +€9,015
up €9,015 (+105%), from €8,590 to €17,605
- Gross operating margin +€37,551
up €37,551 (+20.5%), from €183,457 to €221,008
- Staff costs +€11,435
up €11,435 (+17.7%), from €64,435 to €75,870
- Taxes +€8,746
up €8,746 (+42.1%), from €20,777 to €29,523
- Financial charges -€3,510
down €3,510 (-17.9%), from €19,625 to €16,115
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 | €777,829 | €797,908 | +€20,079 | +2.6% |
| Fixed assets | 21/28 | €405,563 | €407,702 | +€2,139 | +0.5% |
| Intangible fixed assets | 21 | €56,250 | €37,500 | -€18,750 | -33.3% |
| Tangible fixed assets | 22/27 | €236,313 | €222,322 | -€13,991 | -5.9% |
| Plant, machinery and equipment | 23 | €227,813 | €214,322 | -€13,491 | -5.9% |
| Furniture and vehicles | 24 | €8,500 | €8,000 | -€500 | -5.9% |
| Financial fixed assets | 28 | €113,000 | €147,880 | +€34,880 | +30.9% |
| Current assets | 29/58 | €372,266 | €390,206 | +€17,940 | +4.8% |
| Stocks and contracts in progress | 3 | €189,412 | €114,684 | -€74,728 | -39.5% |
| Stocks | 30/36 | €189,412 | €114,684 | -€74,728 | -39.5% |
| Amounts receivable within one year | 40/41 | €101,424 | €221,812 | +€120,388 | +119% |
| Trade receivables | 40 | €101,424 | €221,812 | +€120,388 | +119% |
| Cash at bank and in hand | 54/58 | €81,430 | €53,710 | -€27,720 | -34.0% |
| Total equity and liabilities | 10/49 | €777,829 | €797,908 | +€20,079 | +2.6% |
| Equity | 10/15 | €445,991 | €510,218 | +€64,227 | +14.4% |
| Reserves | 13 | €38,000 | €68,000 | +€30,000 | +78.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €28,000 | €58,000 | +€30,000 | +107% |
| Profit (loss) carried forward | 14 | €407,991 | €442,218 | +€34,227 | +8.4% |
| Amounts payable | 17/49 | €331,838 | €287,690 | -€44,148 | -13.3% |
| Amounts payable after more than one year | 17 | €251,021 | €222,360 | -€28,661 | -11.4% |
| Financial debts | 170/4 | €251,021 | €222,360 | -€28,661 | -11.4% |
| Amounts payable within one year | 42/48 | €80,817 | €65,330 | -€15,487 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €36,658 | €37,028 | +€370 | +1.0% |
| Trade debts | 44 | €34,179 | €3,691 | -€30,488 | -89.2% |
| Suppliers | 440/4 | €34,179 | €3,691 | -€30,488 | -89.2% |
| Taxes, remuneration and social security | 45 | €8,590 | €17,605 | +€9,015 | +105% |
| Taxes | 450/3 | €8,590 | €17,605 | +€9,015 | +105% |
| Other amounts payable | 47/48 | €1,390 | €7,006 | +€5,616 | +404% |
| Remuneration, social security and pensions | 62 | €64,435 | €75,870 | +€11,435 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,374 | €33,691 | +€317 | +0.9% |
| Other operating charges | 640/8 | €1,223 | €1,594 | +€371 | +30.3% |
| Gross operating margin | 9900 | €183,457 | €221,008 | +€37,551 | +20.5% |
| Operating profit (loss) | 9901 | €84,425 | €109,853 | +€25,428 | +30.1% |
| Financial income | 75/76B | €43 | €12 | -€31 | -72.1% |
| Recurring financial income | 75 | €43 | €12 | -€31 | -72.1% |
| Financial charges | 65/66B | €19,625 | €16,115 | -€3,510 | -17.9% |
| Recurring financial charges | 65 | €19,625 | €16,115 | -€3,510 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €64,843 | €93,750 | +€28,907 | +44.6% |
| Income taxes | 67/77 | €20,777 | €29,523 | +€8,746 | +42.1% |
| Profit (loss) for the period | 9904 | €44,066 | €64,227 | +€20,161 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,066 | €64,227 | +€20,161 | +45.8% |
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 24 October 2026 via checked.be.