BOELIT: 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.
BOELIT
Largest movements
- Cash +€54,820
up €54,820 (+144.2%), from €38,009 to €92,829
mainly Net result for the year (+€60,954) and Depreciation (+€26,381)
- Tangible fixed assets -€9,999
down €9,999 (-1.9%), from €540,055 to €530,057
of which Land and buildings: -€14,056
- Reserves +€58,788
up €58,788 (+51.6%), from €113,908 to €172,697
- Debts after one year -€30,995
down €30,995 (-7.2%), from €427,747 to €396,752
- Tax, wage and social debts +€13,476
up €13,476 (+100.9%), from €13,351 to €26,827
of which Taxes: +€18,252
- Trade debts -€7,349
down €7,349 (-30.7%), from €23,955 to €16,606
- Gross operating margin +€27,526
up €27,526 (+28.0%), from €98,293 to €125,819
- Taxes +€7,884
up €7,884 (+46.6%), from €16,914 to €24,798
- Depreciation -€2,031
down €2,031 (-7.1%), from €28,412 to €26,381
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 | €611,924 | €648,310 | +€36,386 | +5.9% |
| Fixed assets | 21/28 | €540,949 | €530,788 | -€10,161 | -1.9% |
| Intangible fixed assets | 21 | €638 | €63 | -€575 | -90.1% |
| Tangible fixed assets | 22/27 | €540,055 | €530,057 | -€9,999 | -1.9% |
| Land and buildings | 22 | €511,933 | €497,876 | -€14,056 | -2.7% |
| Plant, machinery and equipment | 23 | €5,265 | €14,581 | +€9,316 | +177.0% |
| Furniture and vehicles | 24 | €8,445 | €6,683 | -€1,762 | -20.9% |
| Other tangible fixed assets | 26 | €14,413 | €10,916 | -€3,497 | -24.3% |
| Financial fixed assets | 28 | €255 | €668 | +€413 | +162.0% |
| Current assets | 29/58 | €70,975 | €117,522 | +€46,546 | +65.6% |
| Stocks and contracts in progress | 3 | €1,585 | €1,907 | +€322 | +20.3% |
| Stocks | 30/36 | €1,585 | €1,907 | +€322 | +20.3% |
| Amounts receivable within one year | 40/41 | €26,097 | €22,048 | -€4,049 | -15.5% |
| Trade receivables | 40 | €25,011 | €22,048 | -€2,963 | -11.8% |
| Other amounts receivable | 41 | €1,086 | - | -€1,086 | |
| Current investments | 50/53 | €2,872 | - | -€2,872 | |
| Cash at bank and in hand | 54/58 | €38,009 | €92,829 | +€54,820 | +144.2% |
| Deferred charges and accrued income | 490/1 | €2,413 | €738 | -€1,675 | -69.4% |
| Total equity and liabilities | 10/49 | €611,924 | €648,310 | +€36,386 | +5.9% |
| Equity | 10/15 | €113,908 | €172,697 | +€58,788 | +51.6% |
| Reserves | 13 | €113,908 | €172,697 | +€58,788 | +51.6% |
| Distributable reserves | 133 | €113,908 | €172,697 | +€58,788 | +51.6% |
| Amounts payable | 17/49 | €498,016 | €475,613 | -€22,402 | -4.5% |
| Amounts payable after more than one year | 17 | €427,747 | €396,752 | -€30,995 | -7.2% |
| Financial debts | 170/4 | €427,747 | €396,752 | -€30,995 | -7.2% |
| Amounts payable within one year | 42/48 | €68,468 | €77,966 | +€9,498 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €28,053 | €30,995 | +€2,942 | +10.5% |
| Trade debts | 44 | €23,955 | €16,606 | -€7,349 | -30.7% |
| Suppliers | 440/4 | €23,955 | €16,606 | -€7,349 | -30.7% |
| Advances received on contracts in progress | 46 | €680 | €174 | -€506 | -74.4% |
| Taxes, remuneration and social security | 45 | €13,351 | €26,827 | +€13,476 | +100.9% |
| Taxes | 450/3 | €3,353 | €21,606 | +€18,252 | +544.3% |
| Remuneration and social security | 454/9 | €9,998 | €5,222 | -€4,776 | -47.8% |
| Other amounts payable | 47/48 | €2,429 | €3,364 | +€935 | +38.5% |
| Accrued charges and deferred income | 492/3 | €1,800 | €895 | -€905 | -50.3% |
| Non-recurring operating income | 76A | - | €2,112 | +€2,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,412 | €26,381 | -€2,031 | -7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,024 | +€1,024 | |
| Other operating charges | 640/8 | €5,262 | €6,468 | +€1,207 | +22.9% |
| Non-recurring operating charges | 66A | - | €62 | +€62 | |
| Gross operating margin | 9900 | €98,293 | €125,819 | +€27,526 | +28.0% |
| Operating profit (loss) | 9901 | €64,620 | €91,884 | +€27,264 | +42.2% |
| Financial income | 75/76B | €124 | €200 | +€76 | +61.3% |
| Recurring financial income | 75 | €124 | €200 | +€76 | +61.3% |
| Financial charges | 65/66B | €6,512 | €6,332 | -€180 | -2.8% |
| Recurring financial charges | 65 | €6,512 | €6,332 | -€180 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €58,233 | €85,752 | +€27,520 | +47.3% |
| Income taxes | 67/77 | €16,914 | €24,798 | +€7,884 | +46.6% |
| Profit (loss) for the period | 9904 | €41,318 | €60,954 | +€19,636 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,318 | €60,954 | +€19,636 | +47.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.