BOeM: 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.
BOeM
Largest movements
- Financial fixed assets +€110,000
new in 2024: €110,000
- Receivables within one year -€57,620
down €57,620 (-55.7%), from €103,494 to €45,874
of which Other amounts receivable: -€65,108
- Tangible fixed assets -€50,822
down €50,822 (-64.0%), from €79,402 to €28,580
of which Furniture and vehicles: -€53,707
- Cash +€27,552
up €27,552 (+93.8%), from €29,363 to €56,915
mainly Receivables within one year (+€57,620) and Net result for the year (+€42,085)
- Tax, wage and social debts -€53,978
down €53,978 (-61.7%), from €87,423 to €33,446
of which Taxes: -€53,728
- Profit (loss) carried forward +€42,085
up €42,085 (+29.4%), from €143,088 to €185,174
- Debts after one year +€33,077
up €33,077 (+25.6%), from €129,045 to €162,121
- Current portion of long-term debt +€11,451
up €11,451 (+115%), from €9,990 to €21,441
- Financial charges -€22,973
down €22,973 (-64.3%), from €35,732 to €12,759
- Gross operating margin +€10,715
up €10,715 (+9.4%), from €114,257 to €124,973
- Taxes -€5,554
down €5,554 (-32.5%), from €17,092 to €11,538
- Other operating charges -€3,516
down €3,516 (-99.9%), from €3,518 to €2
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.
Derived cash bridge
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 | €392,366 | €422,650 | +€30,284 | +7.7% |
| Fixed assets | 21/28 | €79,509 | €138,580 | +€59,071 | +74.3% |
| Intangible fixed assets | 21 | €107 | - | -€107 | |
| Tangible fixed assets | 22/27 | €79,402 | €28,580 | -€50,822 | -64.0% |
| Plant, machinery and equipment | 23 | €12,336 | €15,221 | +€2,885 | +23.4% |
| Furniture and vehicles | 24 | €67,066 | €13,359 | -€53,707 | -80.1% |
| Financial fixed assets | 28 | - | €110,000 | +€110,000 | |
| Current assets | 29/58 | €312,857 | €284,070 | -€28,787 | -9.2% |
| Stocks and contracts in progress | 3 | €180,000 | €180,000 | = | 0.0% |
| Stocks | 30/36 | €180,000 | €180,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,494 | €45,874 | -€57,620 | -55.7% |
| Trade receivables | 40 | €25,410 | €32,898 | +€7,488 | +29.5% |
| Other amounts receivable | 41 | €78,084 | €12,976 | -€65,108 | -83.4% |
| Cash at bank and in hand | 54/58 | €29,363 | €56,915 | +€27,552 | +93.8% |
| Deferred charges and accrued income | 490/1 | - | €1,281 | +€1,281 | |
| Total equity and liabilities | 10/49 | €392,366 | €422,650 | +€30,284 | +7.7% |
| Equity | 10/15 | €163,557 | €205,642 | +€42,085 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,868 | €1,868 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,868 | €1,868 | = | 0.0% |
| Legal reserve | 130 | €1,868 | €1,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,088 | €185,174 | +€42,085 | +29.4% |
| Amounts payable | 17/49 | €228,809 | €217,008 | -€11,801 | -5.2% |
| Amounts payable after more than one year | 17 | €129,045 | €162,121 | +€33,077 | +25.6% |
| Financial debts | 170/4 | €129,045 | €162,121 | +€33,077 | +25.6% |
| Amounts payable within one year | 42/48 | €99,764 | €54,887 | -€44,878 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €9,990 | €21,441 | +€11,451 | +115% |
| Trade debts | 44 | €2,351 | - | -€2,351 | |
| Suppliers | 440/4 | €2,351 | - | -€2,351 | |
| Taxes, remuneration and social security | 45 | €87,423 | €33,446 | -€53,978 | -61.7% |
| Taxes | 450/3 | €87,173 | €33,446 | -€53,728 | -61.6% |
| Remuneration and social security | 454/9 | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,983 | €8,623 | -€360 | -4.0% |
| Other operating charges | 640/8 | €3,518 | €2 | -€3,516 | -99.9% |
| Non-recurring operating charges | 66A | - | €51,305 | +€51,305 | |
| Gross operating margin | 9900 | €114,257 | €124,973 | +€10,715 | +9.4% |
| Operating profit (loss) | 9901 | €101,756 | €65,043 | -€36,713 | -36.1% |
| Financial income | 75/76B | €550 | €1,340 | +€789 | +143% |
| Recurring financial income | 75 | €550 | €1,340 | +€789 | +143% |
| Financial charges | 65/66B | €35,732 | €12,759 | -€22,973 | -64.3% |
| Recurring financial charges | 65 | €35,732 | €12,759 | -€22,973 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €66,575 | €53,623 | -€12,951 | -19.5% |
| Income taxes | 67/77 | €17,092 | €11,538 | -€5,554 | -32.5% |
| Profit (loss) for the period | 9904 | €49,483 | €42,085 | -€7,397 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,483 | €42,085 | -€7,397 | -14.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.