BOENKE: 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.
BOENKE
Largest movements
- Cash -€7,850
down €7,850 (-12.5%), from €63,001 to €55,150
mainly Tax, wage and social debts (-€8,565) and Investment in fixed assets (net) (-€8,556)
- Receivables within one year +€3,216
up €3,216 (+9.4%), from €34,297 to €37,512
of which Trade receivables: +€10,589
- Tax, wage and social debts -€8,565
down €8,565 (-57.5%), from €14,890 to €6,325
- Other debts +€7,337
up €7,337 (+46.5%), from €15,786 to €23,123
- Trade debts -€2,602
down €2,602 (-65.6%), from €3,968 to €1,366
- Profit (loss) carried forward -€1,242
down €1,242 (-15.2%), from -€8,160 to -€9,402
- Gross operating margin +€8,945
up €8,945 (+202%), from €4,431 to €13,375
- Financial charges +€1,088
up €1,088 (+82.8%), from €1,313 to €2,401
- Taxes +€751
up €751 (+53.2%), from €1,411 to €2,162
- Depreciation +€410
up €410 (+4.9%), from €8,387 to €8,797
- Other operating charges -€218
down €218 (-14.7%), from €1,480 to €1,262
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 | €122,312 | €117,496 | -€4,815 | -3.9% |
| Fixed assets | 21/28 | €20,281 | €20,040 | -€241 | -1.2% |
| Tangible fixed assets | 22/27 | €20,281 | €20,040 | -€241 | -1.2% |
| Plant, machinery and equipment | 23 | €2,273 | €2,418 | +€146 | +6.4% |
| Furniture and vehicles | 24 | €10,729 | €14,088 | +€3,359 | +31.3% |
| Other tangible fixed assets | 26 | €7,280 | €3,534 | -€3,746 | -51.5% |
| Current assets | 29/58 | €102,031 | €97,457 | -€4,574 | -4.5% |
| Amounts receivable within one year | 40/41 | €34,297 | €37,512 | +€3,216 | +9.4% |
| Trade receivables | 40 | €0 | €10,589 | +€10,589 | |
| Other amounts receivable | 41 | €34,297 | €26,923 | -€7,373 | -21.5% |
| Cash at bank and in hand | 54/58 | €63,001 | €55,150 | -€7,850 | -12.5% |
| Deferred charges and accrued income | 490/1 | €4,733 | €4,794 | +€61 | +1.3% |
| Total equity and liabilities | 10/49 | €122,312 | €117,496 | -€4,815 | -3.9% |
| Equity | 10/15 | €87,649 | €86,407 | -€1,242 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,609 | €89,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €87,749 | €87,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,160 | -€9,402 | -€1,242 | -15.2% |
| Amounts payable | 17/49 | €34,662 | €31,089 | -€3,573 | -10.3% |
| Amounts payable within one year | 42/48 | €34,662 | €31,089 | -€3,573 | -10.3% |
| Financial debts | 43 | €18 | €275 | +€257 | +1,427% |
| Credit institutions | 430/8 | €18 | €275 | +€257 | +1,427% |
| Trade debts | 44 | €3,968 | €1,366 | -€2,602 | -65.6% |
| Suppliers | 440/4 | €3,968 | €1,366 | -€2,602 | -65.6% |
| Taxes, remuneration and social security | 45 | €14,890 | €6,325 | -€8,565 | -57.5% |
| Taxes | 450/3 | €14,890 | €6,325 | -€8,565 | -57.5% |
| Other amounts payable | 47/48 | €15,786 | €23,123 | +€7,337 | +46.5% |
| Non-recurring operating income | 76A | - | €576 | +€576 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,387 | €8,797 | +€410 | +4.9% |
| Other operating charges | 640/8 | €1,480 | €1,262 | -€218 | -14.7% |
| Gross operating margin | 9900 | €4,431 | €13,375 | +€8,945 | +202% |
| Operating profit (loss) | 9901 | -€5,436 | €3,316 | +€8,753 | |
| Financial income | 75/76B | €1 | €4 | +€4 | +456% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +456% |
| Financial charges | 65/66B | €1,313 | €2,401 | +€1,088 | +82.8% |
| Recurring financial charges | 65 | €1,313 | €2,401 | +€1,088 | +82.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,749 | €920 | +€7,669 | |
| Income taxes | 67/77 | €1,411 | €2,162 | +€751 | +53.2% |
| Profit (loss) for the period | 9904 | -€8,160 | -€1,242 | +€6,918 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,160 | -€1,242 | +€6,918 | +84.8% |
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 23 October 2026 via checked.be.