BOEMA: 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.
BOEMA
Largest movements
- Receivables within one year +€28,993
up €28,993 (+100.9%), from €28,738 to €57,731
of which Other amounts receivable: +€52,181
- Cash -€1,714
down €1,714 (-14.2%), from €12,033 to €10,319
mainly Receivables within one year (-€28,993) and Tax, wage and social debts (-€4,954)
- Reserves +€32,452
up €32,452 (+137.7%), from €23,574 to €56,026
- Tax, wage and social debts -€4,954
down €4,954 (-35.5%), from €13,959 to €9,005
- Gross operating margin +€10,908
up €10,908 (+37.0%), from €29,514 to €40,421
- Taxes +€2,524
up €2,524 (+42.6%), from €5,922 to €8,446
- Financial income +€734
new in 2026: €734
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,771 | €68,345 | +€27,574 | +67.6% |
| Current assets | 29/58 | €40,771 | €68,345 | +€27,574 | +67.6% |
| Amounts receivable within one year | 40/41 | €28,738 | €57,731 | +€28,993 | +100.9% |
| Trade receivables | 40 | €28,738 | €5,550 | -€23,187 | -80.7% |
| Other amounts receivable | 41 | - | €52,181 | +€52,181 | |
| Cash at bank and in hand | 54/58 | €12,033 | €10,319 | -€1,714 | -14.2% |
| Deferred charges and accrued income | 490/1 | - | €295 | +€295 | |
| Total equity and liabilities | 10/49 | €40,771 | €68,345 | +€27,574 | +67.6% |
| Equity | 10/15 | €26,074 | €58,526 | +€32,452 | +124.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €23,574 | €56,026 | +€32,452 | +137.7% |
| Distributable reserves | 133 | €23,574 | €56,026 | +€32,452 | +137.7% |
| Amounts payable | 17/49 | €14,697 | €9,819 | -€4,878 | -33.2% |
| Amounts payable within one year | 42/48 | €14,697 | €9,819 | -€4,878 | -33.2% |
| Trade debts | 44 | €602 | €815 | +€213 | +35.5% |
| Suppliers | 440/4 | €602 | €815 | +€213 | +35.5% |
| Taxes, remuneration and social security | 45 | €13,959 | €9,005 | -€4,954 | -35.5% |
| Taxes | 450/3 | €13,959 | €9,005 | -€4,954 | -35.5% |
| Other amounts payable | 47/48 | €137 | €0 | -€137 | -100.0% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €29,514 | €40,421 | +€10,908 | +37.0% |
| Operating profit (loss) | 9901 | €29,514 | €40,301 | +€10,788 | +36.6% |
| Financial income | 75/76B | - | €734 | +€734 | |
| Recurring financial income | 75 | - | €734 | +€734 | |
| Financial charges | 65/66B | €18 | €137 | +€119 | +679.3% |
| Recurring financial charges | 65 | €18 | €137 | +€119 | +679.3% |
| Profit (loss) for the period before taxes | 9903 | €29,496 | €40,898 | +€11,402 | +38.7% |
| Income taxes | 67/77 | €5,922 | €8,446 | +€2,524 | +42.6% |
| Profit (loss) for the period | 9904 | €23,574 | €32,452 | +€8,878 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,574 | €32,452 | +€8,878 | +37.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.