BOESCO: 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.
BOESCO
Largest movements
- Cash +€30,731
up €30,731 (+302%), from €10,191 to €40,921
mainly Net result for the year (+€36,506) and Tax, wage and social debts (+€6,287)
- Receivables within one year +€11,575
up €11,575 (+31.9%), from €36,300 to €47,875
- Tangible fixed assets -€5,719
down €5,719 (-28.1%), from €20,352 to €14,633
- Reserves +€36,506
up €36,506 (+162%), from €22,562 to €59,068
- Debts after one year -€6,754
down €6,754 (-62.4%), from €10,829 to €4,076
- Tax, wage and social debts +€6,287
up €6,287 (+42.3%), from €14,861 to €21,147
- Gross operating margin +€17,328
up €17,328 (+47.7%), from €36,337 to €53,664
- Taxes +€3,500
up €3,500 (+55.4%), from €6,316 to €9,816
- Financial income -€618
no longer reported in 2025 (was €618)
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 | €68,343 | €104,930 | +€36,587 | +53.5% |
| Fixed assets | 21/28 | €21,852 | €16,133 | -€5,719 | -26.2% |
| Tangible fixed assets | 22/27 | €20,352 | €14,633 | -€5,719 | -28.1% |
| Furniture and vehicles | 24 | €20,352 | €14,633 | -€5,719 | -28.1% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €46,491 | €88,796 | +€42,306 | +91.0% |
| Amounts receivable within one year | 40/41 | €36,300 | €47,875 | +€11,575 | +31.9% |
| Trade receivables | 40 | €36,300 | €47,875 | +€11,575 | +31.9% |
| Cash at bank and in hand | 54/58 | €10,191 | €40,921 | +€30,731 | +302% |
| Total equity and liabilities | 10/49 | €68,343 | €104,930 | +€36,587 | +53.5% |
| Equity | 10/15 | €27,562 | €64,068 | +€36,506 | +132% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,562 | €59,068 | +€36,506 | +162% |
| Distributable reserves | 133 | €22,562 | €59,068 | +€36,506 | +162% |
| Amounts payable | 17/49 | €40,781 | €40,862 | +€81 | +0.2% |
| Amounts payable after more than one year | 17 | €10,829 | €4,076 | -€6,754 | -62.4% |
| Financial debts | 170/4 | €10,829 | €4,076 | -€6,754 | -62.4% |
| Amounts payable within one year | 42/48 | €29,951 | €36,786 | +€6,835 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €6,469 | €6,754 | +€284 | +4.4% |
| Trade debts | 44 | €716 | €553 | -€163 | -22.8% |
| Suppliers | 440/4 | €716 | €553 | -€163 | -22.8% |
| Taxes, remuneration and social security | 45 | €14,861 | €21,147 | +€6,287 | +42.3% |
| Taxes | 450/3 | €14,861 | €21,147 | +€6,287 | +42.3% |
| Other amounts payable | 47/48 | €7,905 | €8,333 | +€427 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,719 | €5,719 | = | 0.0% |
| Other operating charges | 640/8 | €235 | €349 | +€114 | +48.7% |
| Gross operating margin | 9900 | €36,337 | €53,664 | +€17,328 | +47.7% |
| Operating profit (loss) | 9901 | €30,383 | €47,596 | +€17,213 | +56.7% |
| Financial income | 75/76B | €618 | - | -€618 | |
| Recurring financial income | 75 | €618 | - | -€618 | |
| Financial charges | 65/66B | €1,532 | €1,274 | -€258 | -16.8% |
| Recurring financial charges | 65 | €1,532 | €1,274 | -€258 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €29,470 | €46,322 | +€16,852 | +57.2% |
| Income taxes | 67/77 | €6,316 | €9,816 | +€3,500 | +55.4% |
| Profit (loss) for the period | 9904 | €23,153 | €36,506 | +€13,352 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,153 | €36,506 | +€13,352 | +57.7% |
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 22 October 2026 via checked.be.