BOERJAN: 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.
BOERJAN
Largest movements
- Tangible fixed assets -€7,635
down €7,635 (-97.8%), from €7,810 to €175
of which Furniture and vehicles: -€7,251
- Current investments -€5,500
no longer reported in 2025 (was €5,500)
- Cash +€5,192
up €5,192 (+83.2%), from €6,239 to €11,430
mainly Depreciation (+€7,635) and Current investments (+€5,500)
- Receivables within one year -€608
down €608 (-22.2%), from €2,735 to €2,127
- Deferred charges and accrued income -€255
down €255 (-20.8%), from €1,227 to €971
- Profit (loss) carried forward -€6,554
down €6,554 (-49.7%), from -€13,191 to -€19,745
- Other debts -€1,325
down €1,325 (-47.5%), from €2,790 to €1,464
- Tax, wage and social debts -€885
down €885 (-39.3%), from €2,250 to €1,365
- Purchases and services -€12,586
down €12,586 (-41.4%), from €30,403 to €17,817
- Depreciation -€4,114
down €4,114 (-35.0%), from €11,749 to €7,635
- Gross operating margin +€1,585
up €1,585 (+334.0%), from €475 to €2,060
- Financial charges -€417
down €417 (-90.8%), from €459 to €42
- Other operating charges +€268
up €268 (+52.2%), from €513 to €781
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 | €23,510 | €14,704 | -€8,807 | -37.5% |
| Fixed assets | 21/28 | €7,810 | €175 | -€7,635 | -97.8% |
| Tangible fixed assets | 22/27 | €7,810 | €175 | -€7,635 | -97.8% |
| Plant, machinery and equipment | 23 | €559 | €175 | -€384 | -68.6% |
| Furniture and vehicles | 24 | €7,251 | €0 | -€7,251 | -100.0% |
| Current assets | 29/58 | €15,700 | €14,528 | -€1,172 | -7.5% |
| Amounts receivable within one year | 40/41 | €2,735 | €2,127 | -€608 | -22.2% |
| Trade receivables | 40 | €2,735 | €2,127 | -€608 | -22.2% |
| Current investments | 50/53 | €5,500 | - | -€5,500 | |
| Cash at bank and in hand | 54/58 | €6,239 | €11,430 | +€5,192 | +83.2% |
| Deferred charges and accrued income | 490/1 | €1,227 | €971 | -€255 | -20.8% |
| Total equity and liabilities | 10/49 | €23,510 | €14,704 | -€8,807 | -37.5% |
| Equity | 10/15 | €7,269 | €715 | -€6,554 | -90.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,191 | -€19,745 | -€6,554 | -49.7% |
| Amounts payable | 17/49 | €16,241 | €13,989 | -€2,252 | -13.9% |
| Amounts payable after more than one year | 17 | €11,000 | €11,000 | = | 0.0% |
| Financial debts | 170/4 | €11,000 | €11,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,230 | €2,989 | -€2,241 | -42.8% |
| Trade debts | 44 | €190 | €160 | -€31 | -16.1% |
| Suppliers | 440/4 | €190 | €160 | -€31 | -16.1% |
| Taxes, remuneration and social security | 45 | €2,250 | €1,365 | -€885 | -39.3% |
| Taxes | 450/3 | €2,250 | €1,365 | -€885 | -39.3% |
| Other amounts payable | 47/48 | €2,790 | €1,464 | -€1,325 | -47.5% |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Goods, raw materials, services and sundry goods | 60/61 | €30,403 | €17,817 | -€12,586 | -41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,749 | €7,635 | -€4,114 | -35.0% |
| Other operating charges | 640/8 | €513 | €781 | +€268 | +52.2% |
| Gross operating margin | 9900 | €475 | €2,060 | +€1,585 | +334.0% |
| Operating profit (loss) | 9901 | -€11,788 | -€6,356 | +€5,431 | +46.1% |
| Financial income | 75/76B | €70 | €14 | -€57 | -80.3% |
| Recurring financial income | 75 | €70 | €14 | -€57 | -80.3% |
| Financial charges | 65/66B | €459 | €42 | -€417 | -90.8% |
| Recurring financial charges | 65 | €459 | €42 | -€417 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,177 | -€6,385 | +€5,792 | +47.6% |
| Income taxes | 67/77 | €159 | €170 | +€11 | +6.7% |
| Profit (loss) for the period | 9904 | -€12,336 | -€6,554 | +€5,781 | +46.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,336 | -€6,554 | +€5,781 | +46.9% |
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 10 October 2026 via checked.be.