BOEKTOPIA: 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.
BOEKTOPIA
Largest movements
- Cash -€413,009
down €413,009 (-22.3%), from €1.9m to €1.4m
mainly Trade debts (-€614,575)
- Receivables within one year -€112,597
down €112,597 (-15.5%), from €726,478 to €613,881
of which Trade receivables: -€154,431
- Trade debts -€614,575
down €614,575 (-25.3%), from €2.4m to €1.8m
- Gross operating margin -€112,536
down €112,536 (-54.9%), from €205,021 to €92,484
- Taxes +€11,853
up €11,853 (+523%), from €2,267 to €14,120
- Financial charges -€10,090
down €10,090 (-56.5%), from €17,847 to €7,757
- Depreciation -€4,272
down €4,272 (-7.9%), from €53,768 to €49,496
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 | €2,687,509 | €2,108,974 | -€578,535 | -21.5% |
| Formation expenses | 20 | €13,622 | €6,801 | -€6,820 | -50.1% |
| Fixed assets | 21/28 | €72,492 | €29,816 | -€42,676 | -58.9% |
| Intangible fixed assets | 21 | €41,597 | €20,502 | -€21,095 | -50.7% |
| Tangible fixed assets | 22/27 | €30,895 | €9,314 | -€21,581 | -69.9% |
| Plant, machinery and equipment | 23 | €1,226 | - | -€1,226 | |
| Furniture and vehicles | 24 | €29,669 | €9,314 | -€20,355 | -68.6% |
| Current assets | 29/58 | €2,601,396 | €2,072,356 | -€529,039 | -20.3% |
| Stocks and contracts in progress | 3 | €16,954 | €16,954 | = | 0.0% |
| Stocks | 30/36 | €16,954 | €16,954 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €726,478 | €613,881 | -€112,597 | -15.5% |
| Trade receivables | 40 | €565,091 | €410,661 | -€154,431 | -27.3% |
| Other amounts receivable | 41 | €161,386 | €203,220 | +€41,834 | +25.9% |
| Cash at bank and in hand | 54/58 | €1,854,072 | €1,441,063 | -€413,009 | -22.3% |
| Deferred charges and accrued income | 490/1 | €3,892 | €459 | -€3,433 | -88.2% |
| Total equity and liabilities | 10/49 | €2,687,509 | €2,108,974 | -€578,535 | -21.5% |
| Equity | 10/15 | €256,804 | €276,851 | +€20,047 | +7.8% |
| Contributions | 10/11 | €290,000 | €290,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,196 | -€13,149 | +€20,047 | +60.4% |
| Amounts payable | 17/49 | €2,430,706 | €1,832,123 | -€598,583 | -24.6% |
| Amounts payable within one year | 42/48 | €2,430,700 | €1,819,623 | -€611,077 | -25.1% |
| Trade debts | 44 | €2,429,446 | €1,814,872 | -€614,575 | -25.3% |
| Suppliers | 440/4 | €2,429,446 | €1,814,872 | -€614,575 | -25.3% |
| Taxes, remuneration and social security | 45 | €1,253 | €4,751 | +€3,498 | +279% |
| Taxes | 450/3 | €1,253 | €4,751 | +€3,498 | +279% |
| Accrued charges and deferred income | 492/3 | €6 | €12,500 | +€12,494 | +208,233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,768 | €49,496 | -€4,272 | -7.9% |
| Other operating charges | 640/8 | €2,460 | €3,355 | +€895 | +36.4% |
| Gross operating margin | 9900 | €205,021 | €92,484 | -€112,536 | -54.9% |
| Operating profit (loss) | 9901 | €148,792 | €39,633 | -€109,160 | -73.4% |
| Financial income | 75/76B | €3,414 | €2,292 | -€1,122 | -32.9% |
| Recurring financial income | 75 | €3,414 | €2,292 | -€1,122 | -32.9% |
| Financial charges | 65/66B | €17,847 | €7,757 | -€10,090 | -56.5% |
| Recurring financial charges | 65 | €17,847 | €7,757 | -€10,090 | -56.5% |
| Profit (loss) for the period before taxes | 9903 | €134,360 | €34,168 | -€100,192 | -74.6% |
| Income taxes | 67/77 | €2,267 | €14,120 | +€11,853 | +523% |
| Profit (loss) for the period | 9904 | €132,093 | €20,047 | -€112,046 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €132,093 | €20,047 | -€112,046 | -84.8% |
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 19 October 2026 via checked.be.