BOEKY: 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.
BOEKY
Largest movements
- Cash +€127,938
up €127,938 (+41.9%), from €305,510 to €433,447
mainly Net result for the year (+€113,571) and Other debts (+€24,156)
- Receivables within one year -€16,153
down €16,153 (-17.4%), from €92,689 to €76,537
of which Trade receivables: -€17,559
- Current investments +€7,071
up €7,071 (+4.3%), from €165,449 to €172,520
- Reserves +€82,225
up €82,225 (+30.9%), from €266,189 to €348,413
- Other debts +€24,156
up €24,156 (+22.5%), from €107,496 to €131,652
- Trade debts +€10,590
up €10,590 (+313%), from €3,378 to €13,969
- Gross operating margin +€21,655
up €21,655 (+9.9%), from €219,363 to €241,017
- Financial income +€7,481
up €7,481 (+181%), from €4,134 to €11,615
- Taxes +€4,597
up €4,597 (+12.3%), from €37,401 to €41,998
- Staff costs +€4,215
up €4,215 (+5.4%), from €78,667 to €82,882
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 | €570,881 | €691,872 | +€120,991 | +21.2% |
| Fixed assets | 21/28 | €2,771 | €4,855 | +€2,084 | +75.2% |
| Tangible fixed assets | 22/27 | €2,771 | €4,855 | +€2,084 | +75.2% |
| Furniture and vehicles | 24 | €1,677 | €4,543 | +€2,865 | +171% |
| Other tangible fixed assets | 26 | €1,094 | €313 | -€782 | -71.4% |
| Current assets | 29/58 | €568,109 | €687,017 | +€118,907 | +20.9% |
| Amounts receivable within one year | 40/41 | €92,689 | €76,537 | -€16,153 | -17.4% |
| Trade receivables | 40 | €92,689 | €75,130 | -€17,559 | -18.9% |
| Other amounts receivable | 41 | - | €1,407 | +€1,407 | |
| Current investments | 50/53 | €165,449 | €172,520 | +€7,071 | +4.3% |
| Cash at bank and in hand | 54/58 | €305,510 | €433,447 | +€127,938 | +41.9% |
| Deferred charges and accrued income | 490/1 | €4,461 | €4,512 | +€51 | +1.1% |
| Total equity and liabilities | 10/49 | €570,881 | €691,872 | +€120,991 | +21.2% |
| Equity | 10/15 | €266,190 | €348,414 | +€82,225 | +30.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €266,189 | €348,413 | +€82,225 | +30.9% |
| Distributable reserves | 133 | €266,189 | €348,413 | +€82,225 | +30.9% |
| Amounts payable | 17/49 | €304,691 | €343,457 | +€38,766 | +12.7% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €147,757 | €185,198 | +€37,441 | +25.3% |
| Trade debts | 44 | €3,378 | €13,969 | +€10,590 | +313% |
| Suppliers | 440/4 | €3,378 | €13,969 | +€10,590 | +313% |
| Taxes, remuneration and social security | 45 | €36,883 | €39,577 | +€2,695 | +7.3% |
| Taxes | 450/3 | €19,638 | €19,666 | +€29 | +0.1% |
| Remuneration and social security | 454/9 | €17,245 | €19,911 | +€2,666 | +15.5% |
| Other amounts payable | 47/48 | €107,496 | €131,652 | +€24,156 | +22.5% |
| Accrued charges and deferred income | 492/3 | €6,934 | €8,260 | +€1,325 | +19.1% |
| Remuneration, social security and pensions | 62 | €78,667 | €82,882 | +€4,215 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,806 | €2,952 | +€147 | +5.2% |
| Other operating charges | 640/8 | €1,090 | €972 | -€119 | -10.9% |
| Gross operating margin | 9900 | €219,363 | €241,017 | +€21,655 | +9.9% |
| Operating profit (loss) | 9901 | €136,800 | €154,212 | +€17,412 | +12.7% |
| Financial income | 75/76B | €4,134 | €11,615 | +€7,481 | +181% |
| Recurring financial income | 75 | €4,134 | €11,615 | +€7,481 | +181% |
| Financial charges | 65/66B | €9,235 | €10,257 | +€1,022 | +11.1% |
| Recurring financial charges | 65 | €9,235 | €10,257 | +€1,022 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €131,698 | €155,569 | +€23,871 | +18.1% |
| Income taxes | 67/77 | €37,401 | €41,998 | +€4,597 | +12.3% |
| Profit (loss) for the period | 9904 | €94,297 | €113,571 | +€19,274 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €94,297 | €113,571 | +€19,274 | +20.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.