Boekhoud.Expert: what changed
Boekhoud.Expert
Largest movements
- Tangible fixed assets -€62,978
down €62,978 (-25.1%), from €250,832 to €187,854
of which Furniture and vehicles: -€49,603
- Cash +€49,557
up €49,557 (+98.2%), from €50,479 to €100,036
mainly Net result for the year (+€57,625) and Depreciation (+€54,734)
- Receivables after one year -€30,000
down €30,000 (-85.7%), from €35,000 to €5,000
- Receivables within one year -€17,734
down €17,734 (-11.9%), from €149,065 to €131,332
of which Trade receivables: -€38,667
- Reserves -€117,375
down €117,375 (-54.7%), from €214,625 to €97,250
- Debts after one year +€27,767
up €27,767 (+16.4%), from €169,468 to €197,234
of which Other amounts payable: +€75,000
- Other debts +€21,540
up €21,540 (+43.9%), from €49,051 to €70,590
- Tax, wage and social debts +€12,442
up €12,442 (+64.3%), from €19,357 to €31,799
of which Taxes: +€12,912
- Current portion of long-term debt -€9,376
down €9,376 (-19.8%), from €47,363 to €37,987
- Staff costs -€24,988
down €24,988 (-30.9%), from €80,902 to €55,914
- Gross operating margin -€8,411
down €8,411 (-4.2%), from €199,223 to €190,812
- Write-downs +€5,505
up €5,505, from -€5,505 to €0
- Depreciation +€5,183
up €5,183 (+10.5%), from €49,551 to €54,734
- Financial charges -€3,328
down €3,328 (-30.8%), from €10,820 to €7,493
of which Non-recurring financial charges: -€5,505
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €524,714 | €461,290 | -€63,424 | -12.1% |
| Fixed assets | 21/28 | €252,059 | €188,081 | -€63,978 | -25.4% |
| Intangible fixed assets | 21 | €1,227 | €227 | -€1,000 | -81.5% |
| Tangible fixed assets | 22/27 | €250,832 | €187,854 | -€62,978 | -25.1% |
| Plant, machinery and equipment | 23 | €19,776 | €18,275 | -€1,501 | -7.6% |
| Furniture and vehicles | 24 | €149,265 | €99,662 | -€49,603 | -33.2% |
| Other tangible fixed assets | 26 | €81,791 | €69,916 | -€11,874 | -14.5% |
| Current assets | 29/58 | €272,655 | €273,209 | +€554 | +0.2% |
| Amounts receivable after more than one year | 29 | €35,000 | €5,000 | -€30,000 | -85.7% |
| Trade receivables | 290 | €35,000 | €5,000 | -€30,000 | -85.7% |
| Amounts receivable within one year | 40/41 | €149,065 | €131,332 | -€17,734 | -11.9% |
| Trade receivables | 40 | €129,720 | €91,053 | -€38,667 | -29.8% |
| Other amounts receivable | 41 | €19,346 | €40,279 | +€20,933 | +108% |
| Cash at bank and in hand | 54/58 | €50,479 | €100,036 | +€49,557 | +98.2% |
| Deferred charges and accrued income | 490/1 | €38,110 | €36,841 | -€1,269 | -3.3% |
| Total equity and liabilities | 10/49 | €524,714 | €461,290 | -€63,424 | -12.1% |
| Equity | 10/15 | €233,225 | €115,850 | -€117,375 | -50.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,625 | €97,250 | -€117,375 | -54.7% |
| Distributable reserves | 133 | €214,625 | €97,250 | -€117,375 | -54.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €291,489 | €345,440 | +€53,951 | +18.5% |
| Amounts payable after more than one year | 17 | €169,468 | €197,234 | +€27,767 | +16.4% |
| Financial debts | 170/4 | €169,468 | €122,234 | -€47,233 | -27.9% |
| Other amounts payable | 178/9 | - | €75,000 | +€75,000 | |
| Amounts payable within one year | 42/48 | €121,685 | €144,522 | +€22,837 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €47,363 | €37,987 | -€9,376 | -19.8% |
| Financial debts | 43 | €861 | €573 | -€289 | -33.5% |
| Credit institutions | 430/8 | €861 | €573 | -€289 | -33.5% |
| Trade debts | 44 | €5,053 | €3,573 | -€1,480 | -29.3% |
| Suppliers | 440/4 | €5,053 | €3,573 | -€1,480 | -29.3% |
| Taxes, remuneration and social security | 45 | €19,357 | €31,799 | +€12,442 | +64.3% |
| Taxes | 450/3 | €13,338 | €26,250 | +€12,912 | +96.8% |
| Remuneration and social security | 454/9 | €6,019 | €5,549 | -€470 | -7.8% |
| Other amounts payable | 47/48 | €49,051 | €70,590 | +€21,540 | +43.9% |
| Accrued charges and deferred income | 492/3 | €336 | €3,683 | +€3,347 | +997% |
| Non-recurring operating income | 76A | - | €2,043 | +€2,043 | |
| Remuneration, social security and pensions | 62 | €80,902 | €55,914 | -€24,988 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,551 | €54,734 | +€5,183 | +10.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,505 | €0 | +€5,505 | |
| Other operating charges | 640/8 | €9 | €100 | +€91 | +1,011% |
| Non-recurring operating charges | 66A | €1,098 | €219 | -€878 | -80.0% |
| Gross operating margin | 9900 | €199,223 | €190,812 | -€8,411 | -4.2% |
| Operating profit (loss) | 9901 | €73,169 | €79,845 | +€6,676 | +9.1% |
| Financial income | 75/76B | €769 | €1,698 | +€929 | +121% |
| Recurring financial income | 75 | €769 | €1,698 | +€929 | +121% |
| Financial charges | 65/66B | €10,820 | €7,493 | -€3,328 | -30.8% |
| Recurring financial charges | 65 | €5,316 | €7,493 | +€2,177 | +41.0% |
| Non-recurring financial charges | 66B | €5,505 | €0 | -€5,505 | -100% |
| Profit (loss) for the period before taxes | 9903 | €63,118 | €74,051 | +€10,933 | +17.3% |
| Income taxes | 67/77 | €14,192 | €16,426 | +€2,234 | +15.7% |
| Profit (loss) for the period | 9904 | €48,926 | €57,625 | +€8,699 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,926 | €57,625 | +€8,699 | +17.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.