BOESMANS: what changed
BOESMANS
Largest movements
- Cash -€225,690
down €225,690 (-63.2%), from €357,319 to €131,629
mainly Other debts (-€248,848) and Receivables within one year (-€6,540)
- Tangible fixed assets -€6,967
down €6,967 (-21.1%), from €33,063 to €26,096
of which Furniture and vehicles: -€6,607
- Receivables within one year +€6,540
up €6,540 (+45.3%), from €14,447 to €20,988
of which Trade receivables: +€6,832
- Other debts -€248,848
no longer reported in 2025 (was €248,848)
- Reserves +€22,766
up €22,766 (+15.3%), from €148,728 to €171,494
of which Distributable reserves: +€24,626
- Gross operating margin -€7,210
down €7,210 (-14.3%), from €50,530 to €43,320
- Taxes -€2,125
down €2,125 (-14.7%), from €14,452 to €12,328
- Depreciation +€666
up €666 (+9.2%), from €7,205 to €7,871
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €407,390 | €181,556 | -€225,834 | -55.4% |
| Fixed assets | 21/28 | €33,063 | €26,096 | -€6,967 | -21.1% |
| Tangible fixed assets | 22/27 | €33,063 | €26,096 | -€6,967 | -21.1% |
| Land and buildings | 22 | €4,234 | €3,630 | -€605 | -14.3% |
| Plant, machinery and equipment | 23 | - | €244 | +€244 | |
| Furniture and vehicles | 24 | €28,829 | €22,222 | -€6,607 | -22.9% |
| Current assets | 29/58 | €374,327 | €155,460 | -€218,867 | -58.5% |
| Amounts receivable within one year | 40/41 | €14,447 | €20,988 | +€6,540 | +45.3% |
| Trade receivables | 40 | €7,350 | €14,182 | +€6,832 | +92.9% |
| Other amounts receivable | 41 | €7,097 | €6,806 | -€291 | -4.1% |
| Cash at bank and in hand | 54/58 | €357,319 | €131,629 | -€225,690 | -63.2% |
| Deferred charges and accrued income | 490/1 | €2,561 | €2,844 | +€283 | +11.0% |
| Total equity and liabilities | 10/49 | €407,390 | €181,556 | -€225,834 | -55.4% |
| Equity | 10/15 | €154,928 | €177,694 | +€22,766 | +14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €148,728 | €171,494 | +€22,766 | +15.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €146,868 | €171,494 | +€24,626 | +16.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €252,462 | €3,862 | -€248,600 | -98.5% |
| Amounts payable within one year | 42/48 | €252,462 | €3,862 | -€248,600 | -98.5% |
| Trade debts | 44 | €147 | €3,019 | +€2,872 | +1,953% |
| Suppliers | 440/4 | €147 | €3,019 | +€2,872 | +1,953% |
| Taxes, remuneration and social security | 45 | €3,467 | €843 | -€2,625 | -75.7% |
| Taxes | 450/3 | €3,467 | €843 | -€2,625 | -75.7% |
| Other amounts payable | 47/48 | €248,848 | - | -€248,848 | |
| Non-recurring operating income | 76A | €7,438 | - | -€7,438 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,205 | €7,871 | +€666 | +9.2% |
| Other operating charges | 640/8 | €657 | €634 | -€24 | -3.6% |
| Gross operating margin | 9900 | €50,530 | €43,320 | -€7,210 | -14.3% |
| Operating profit (loss) | 9901 | €42,667 | €34,815 | -€7,852 | -18.4% |
| Financial income | 75/76B | €774 | €383 | -€391 | -50.5% |
| Recurring financial income | 75 | €774 | €383 | -€391 | -50.5% |
| Financial charges | 65/66B | €85 | €105 | +€19 | +22.6% |
| Recurring financial charges | 65 | €85 | €105 | +€19 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €43,356 | €35,094 | -€8,262 | -19.1% |
| Income taxes | 67/77 | €14,452 | €12,328 | -€2,125 | -14.7% |
| Profit (loss) for the period | 9904 | €28,904 | €22,766 | -€6,138 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,904 | €22,766 | -€6,138 | -21.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.