BOELIJN: 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.
BOELIJN
Largest movements
- Financial fixed assets -€89,250
no longer reported in 2025 (was €89,250)
- Receivables within one year +€19,888
up €19,888 (+15.6%), from €127,731 to €147,619
of which Trade receivables: +€53,657
- Debts after one year -€219,048
down €219,048 (-94.1%), from €232,689 to €13,641
of which Other amounts payable: -€211,962
- Other debts +€106,414
up €106,414 (+819.6%), from €12,984 to €119,398
- Tax, wage and social debts +€59,883
up €59,883 (+290.8%), from €20,596 to €80,479
- Short-term financial debts -€42,496
down €42,496 (-95.5%), from €44,496 to €2,000
- Profit (loss) carried forward +€22,797
up €22,797 (+66.4%), from €34,351 to €57,148
- Financial charges -€77,182
down €77,182 (-95.0%), from €81,225 to €4,043
of which Financial charges: -€74,702
- Taxes +€41,015
up €41,015 (+1114.4%), from €3,680 to €44,695
- Gross operating margin -€14,887
down €14,887 (-16.9%), from €88,188 to €73,301
- Depreciation -€2,750
down €2,750 (-80.7%), from €3,407 to €657
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.
Cash bridge derived
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 | €383,473 | €310,242 | -€73,231 | -19.1% |
| Fixed assets | 21/28 | €90,564 | €657 | -€89,907 | -99.3% |
| Tangible fixed assets | 22/27 | €1,314 | €657 | -€657 | -50.0% |
| Furniture and vehicles | 24 | €1,314 | €657 | -€657 | -50.0% |
| Financial fixed assets | 28 | €89,250 | - | -€89,250 | |
| Current assets | 29/58 | €292,909 | €309,585 | +€16,676 | +5.7% |
| Amounts receivable after more than one year | 29 | €161,962 | €161,962 | = | 0.0% |
| Other amounts receivable | 291 | €161,962 | €161,962 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €127,731 | €147,619 | +€19,888 | +15.6% |
| Trade receivables | 40 | €60,462 | €114,119 | +€53,657 | +88.7% |
| Other amounts receivable | 41 | €67,269 | €33,500 | -€33,769 | -50.2% |
| Cash at bank and in hand | 54/58 | €3,217 | €4 | -€3,213 | -99.9% |
| Total equity and liabilities | 10/49 | €383,473 | €310,242 | -€73,231 | -19.1% |
| Equity | 10/15 | €46,751 | €69,548 | +€22,797 | +48.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,351 | €57,148 | +€22,797 | +66.4% |
| Amounts payable | 17/49 | €336,722 | €240,694 | -€96,028 | -28.5% |
| Amounts payable after more than one year | 17 | €232,689 | €13,641 | -€219,048 | -94.1% |
| Financial debts | 170/4 | €20,727 | €13,641 | -€7,086 | -34.2% |
| Other amounts payable | 178/9 | €211,962 | - | -€211,962 | |
| Amounts payable within one year | 42/48 | €82,033 | €205,053 | +€123,020 | +150.0% |
| Financial debts | 43 | €44,496 | €2,000 | -€42,496 | -95.5% |
| Other loans | 439 | €44,496 | €2,000 | -€42,496 | -95.5% |
| Trade debts | 44 | €3,958 | €3,176 | -€782 | -19.7% |
| Suppliers | 440/4 | €3,958 | €3,176 | -€782 | -19.7% |
| Taxes, remuneration and social security | 45 | €20,596 | €80,479 | +€59,883 | +290.8% |
| Taxes | 450/3 | €20,596 | €80,479 | +€59,883 | +290.8% |
| Other amounts payable | 47/48 | €12,984 | €119,398 | +€106,414 | +819.6% |
| Accrued charges and deferred income | 492/3 | €22,000 | €22,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,407 | €657 | -€2,750 | -80.7% |
| Other operating charges | 640/8 | €1,077 | €1,109 | +€32 | +2.9% |
| Gross operating margin | 9900 | €88,188 | €73,301 | -€14,887 | -16.9% |
| Operating profit (loss) | 9901 | €83,704 | €71,535 | -€12,169 | -14.5% |
| Financial charges | 65/66B | €81,225 | €4,043 | -€77,182 | -95.0% |
| Recurring financial charges | 65 | €78,745 | €4,043 | -€74,702 | -94.9% |
| Non-recurring financial charges | 66B | €2,480 | - | -€2,480 | |
| Profit (loss) for the period before taxes | 9903 | €2,479 | €67,492 | +€65,013 | +2622.5% |
| Income taxes | 67/77 | €3,680 | €44,695 | +€41,015 | +1114.4% |
| Profit (loss) for the period | 9904 | -€1,201 | €22,797 | +€23,998 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,201 | €22,797 | +€23,998 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.