BOENK DEROB: 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.
BOENK DEROB
Largest movements
- Cash -€17,928
down €17,928 (-87.6%), from €20,468 to €2,540
mainly Contributions, distributions and other (-€34,527) and Tax, wage and social debts (-€10,322)
- Receivables within one year -€3,155
down €3,155 (-4.0%), from €78,179 to €75,024
of which Trade receivables: -€14,210
- Tangible fixed assets -€1,986
down €1,986 (-49.5%), from €4,013 to €2,027
of which Furniture and vehicles: -€1,307
- Profit (loss) carried forward -€34,527
no longer reported in 2025 (was €34,527)
- Reserves +€21,779
up €21,779 (+54.7%), from €39,825 to €61,605
- Tax, wage and social debts -€10,322
down €10,322 (-44.4%), from €23,261 to €12,939
of which Taxes: -€13,722
- Gross operating margin -€9,795
down €9,795 (-16.5%), from €59,286 to €49,491
- Other operating charges +€6,914
up €6,914 (+95.2%), from €7,264 to €14,178
- Taxes -€2,246
down €2,246 (-19.4%), from €11,551 to €9,305
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.
Derived cash bridge
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 | €105,240 | €82,170 | -€23,069 | -21.9% |
| Fixed assets | 21/28 | €4,013 | €2,027 | -€1,986 | -49.5% |
| Tangible fixed assets | 22/27 | €4,013 | €2,027 | -€1,986 | -49.5% |
| Plant, machinery and equipment | 23 | €1,976 | €1,298 | -€678 | -34.3% |
| Furniture and vehicles | 24 | €2,037 | €730 | -€1,307 | -64.2% |
| Current assets | 29/58 | €101,227 | €80,143 | -€21,083 | -20.8% |
| Amounts receivable within one year | 40/41 | €78,179 | €75,024 | -€3,155 | -4.0% |
| Trade receivables | 40 | €74,512 | €60,302 | -€14,210 | -19.1% |
| Other amounts receivable | 41 | €3,667 | €14,722 | +€11,055 | +301% |
| Cash at bank and in hand | 54/58 | €20,468 | €2,540 | -€17,928 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,580 | €2,580 | = | 0.0% |
| Total equity and liabilities | 10/49 | €105,240 | €82,170 | -€23,069 | -21.9% |
| Equity | 10/15 | €79,352 | €66,605 | -€12,748 | -16.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,825 | €61,605 | +€21,779 | +54.7% |
| Distributable reserves | 133 | €39,825 | €61,605 | +€21,779 | +54.7% |
| Profit (loss) carried forward | 14 | €34,527 | - | -€34,527 | |
| Amounts payable | 17/49 | €25,887 | €15,566 | -€10,321 | -39.9% |
| Amounts payable within one year | 42/48 | €25,887 | €15,566 | -€10,321 | -39.9% |
| Trade debts | 44 | €2,626 | €2,627 | +€1 | 0.0% |
| Suppliers | 440/4 | €2,626 | €2,627 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €23,261 | €12,939 | -€10,322 | -44.4% |
| Taxes | 450/3 | €23,261 | €9,539 | -€13,722 | -59.0% |
| Remuneration and social security | 454/9 | - | €3,400 | +€3,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,975 | €1,986 | +€11 | +0.5% |
| Other operating charges | 640/8 | €7,264 | €14,178 | +€6,914 | +95.2% |
| Non-recurring operating charges | 66A | €1,980 | - | -€1,980 | |
| Gross operating margin | 9900 | €59,286 | €49,491 | -€9,795 | -16.5% |
| Operating profit (loss) | 9901 | €48,067 | €33,327 | -€14,740 | -30.7% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €2,487 | €2,254 | -€234 | -9.4% |
| Recurring financial charges | 65 | €2,487 | €2,254 | -€234 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €45,580 | €31,084 | -€14,495 | -31.8% |
| Income taxes | 67/77 | €11,551 | €9,305 | -€2,246 | -19.4% |
| Profit (loss) for the period | 9904 | €34,029 | €21,779 | -€12,249 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,029 | €21,779 | -€12,249 | -36.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.