BOEL CONSTRUCT: what changed
Two fiscal 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.
BOEL CONSTRUCT
Largest movements
- Receivables within one year +€50,764
up €50,764 (+55.0%), from €92,282 to €143,046
of which Trade receivables: +€30,711
- Cash -€2,782
down €2,782 (-60.4%), from €4,602 to €1,820
mainly Trade debts (-€70,710) and Net result for the year (-€51,495)
- Other debts +€171,957
up €171,957 (+54.8%), from €313,850 to €485,807
- Trade debts -€70,710
no longer reported in 2024 (was €70,710)
- Profit (loss) carried forward -€51,495
down €51,495 (-10.0%), from -€513,885 to -€565,380
- Depreciation +€9,094
up €9,094 (+48.4%), from €18,792 to €27,886
- Gross operating margin -€2,656
down €2,656 (-14.0%), from -€19,001 to -€21,657
- Other operating charges +€990
up €990 (+296.0%), from €335 to €1,325
- Financial charges +€410
up €410 (+187.8%), from €218 to €628
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,604 | €225,356 | +€49,751 | +28.3% |
| Fixed assets | 21/28 | €78,720 | €80,490 | +€1,770 | +2.2% |
| Tangible fixed assets | 22/27 | €78,720 | €80,490 | +€1,770 | +2.2% |
| Plant, machinery and equipment | 23 | €40,610 | €30,292 | -€10,319 | -25.4% |
| Furniture and vehicles | 24 | €38,110 | €50,198 | +€12,088 | +31.7% |
| Current assets | 29/58 | €96,884 | €144,866 | +€47,982 | +49.5% |
| Amounts receivable within one year | 40/41 | €92,282 | €143,046 | +€50,764 | +55.0% |
| Trade receivables | 40 | €71,021 | €101,733 | +€30,711 | +43.2% |
| Other amounts receivable | 41 | €21,261 | €41,313 | +€20,052 | +94.3% |
| Cash at bank and in hand | 54/58 | €4,602 | €1,820 | -€2,782 | -60.4% |
| Total equity and liabilities | 10/49 | €175,604 | €225,356 | +€49,751 | +28.3% |
| Equity | 10/15 | -€486,385 | -€537,880 | -€51,495 | -10.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€513,885 | -€565,380 | -€51,495 | -10.0% |
| Amounts payable | 17/49 | €661,989 | €763,236 | +€101,247 | +15.3% |
| Amounts payable after more than one year | 17 | €277,428 | €277,428 | = | 0.0% |
| Financial debts | 170/4 | €277,428 | €277,428 | = | 0.0% |
| Amounts payable within one year | 42/48 | €384,561 | €485,807 | +€101,247 | +26.3% |
| Trade debts | 44 | €70,710 | - | -€70,710 | |
| Suppliers | 440/4 | €70,710 | - | -€70,710 | |
| Other amounts payable | 47/48 | €313,850 | €485,807 | +€171,957 | +54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,792 | €27,886 | +€9,094 | +48.4% |
| Other operating charges | 640/8 | €335 | €1,325 | +€990 | +296.0% |
| Gross operating margin | 9900 | -€19,001 | -€21,657 | -€2,656 | -14.0% |
| Operating profit (loss) | 9901 | -€38,128 | -€50,868 | -€12,740 | -33.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €218 | €628 | +€410 | +187.8% |
| Recurring financial charges | 65 | €218 | €628 | +€410 | +187.8% |
| Profit (loss) for the period before taxes | 9903 | -€38,346 | -€51,495 | -€13,149 | -34.3% |
| Profit (loss) for the period | 9904 | -€38,346 | -€51,495 | -€13,149 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,346 | -€51,495 | -€13,149 | -34.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.