BOEST SERVICES: what changed
Two fiscal 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.
BOEST SERVICES
Largest movements
- Current investments -€230,000
down €230,000 (-66.7%), from €345,000 to €115,000
- Receivables within one year +€15,889
up €15,889 (+2250.5%), from €706 to €16,595
of which Trade receivables: +€16,000
- Cash -€13,318
down €13,318 (-27.0%), from €49,372 to €36,054
mainly Contributions, distributions and other (-€371,760) and Receivables within one year (-€15,889)
- Deferred charges and accrued income -€4,377
down €4,377 (-70.7%), from €6,191 to €1,814
- Reserves -€370,105
no longer reported in 2025 (was €370,105)
- Profit (loss) carried forward +€138,631
new in 2025: €138,631
- Short-term financial debts -€5,301
down €5,301 (-36.0%), from €14,716 to €9,415
- Tax, wage and social debts +€4,848
up €4,848 (+419.8%), from €1,155 to €6,003
of which Taxes: +€2,745
- Gross operating margin -€132,507
down €132,507 (-41.8%), from €316,745 to €184,238
- Taxes +€13,713
up €13,713 (+47.3%), from €29,020 to €42,733
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 | €409,993 | €177,595 | -€232,397 | -56.7% |
| Fixed assets | 21/28 | €8,724 | €8,132 | -€592 | -6.8% |
| Tangible fixed assets | 22/27 | €7,174 | €6,632 | -€542 | -7.6% |
| Plant, machinery and equipment | 23 | €778 | €964 | +€186 | +23.9% |
| Furniture and vehicles | 24 | €6,396 | €5,668 | -€728 | -11.4% |
| Financial fixed assets | 28 | €1,550 | €1,500 | -€50 | -3.2% |
| Current assets | 29/58 | €401,269 | €169,464 | -€231,805 | -57.8% |
| Amounts receivable within one year | 40/41 | €706 | €16,595 | +€15,889 | +2250.5% |
| Trade receivables | 40 | - | €16,000 | +€16,000 | |
| Other amounts receivable | 41 | €706 | €595 | -€111 | -15.7% |
| Current investments | 50/53 | €345,000 | €115,000 | -€230,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €49,372 | €36,054 | -€13,318 | -27.0% |
| Deferred charges and accrued income | 490/1 | €6,191 | €1,814 | -€4,377 | -70.7% |
| Total equity and liabilities | 10/49 | €409,993 | €177,595 | -€232,397 | -56.7% |
| Equity | 10/15 | €388,705 | €157,231 | -€231,474 | -59.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370,105 | - | -€370,105 | |
| Distributable reserves | 133 | €370,105 | - | -€370,105 | |
| Profit (loss) carried forward | 14 | - | €138,631 | +€138,631 | |
| Amounts payable | 17/49 | €21,288 | €20,364 | -€924 | -4.3% |
| Amounts payable within one year | 42/48 | €20,031 | €20,009 | -€22 | -0.1% |
| Financial debts | 43 | €14,716 | €9,415 | -€5,301 | -36.0% |
| Credit institutions | 430/8 | €14,716 | €9,415 | -€5,301 | -36.0% |
| Trade debts | 44 | €4,061 | €2,936 | -€1,125 | -27.7% |
| Suppliers | 440/4 | €4,061 | €2,936 | -€1,125 | -27.7% |
| Taxes, remuneration and social security | 45 | €1,155 | €6,003 | +€4,848 | +419.8% |
| Taxes | 450/3 | €1,155 | €3,900 | +€2,745 | +237.7% |
| Remuneration and social security | 454/9 | - | €2,103 | +€2,103 | |
| Other amounts payable | 47/48 | €99 | €1,655 | +€1,556 | +1576.5% |
| Accrued charges and deferred income | 492/3 | €1,257 | €355 | -€902 | -71.7% |
| Non-recurring operating income | 76A | €187,554 | €656 | -€186,897 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,990 | €2,724 | -€266 | -8.9% |
| Other operating charges | 640/8 | €964 | €993 | +€29 | +3.0% |
| Gross operating margin | 9900 | €316,745 | €184,238 | -€132,507 | -41.8% |
| Operating profit (loss) | 9901 | €312,791 | €180,522 | -€132,270 | -42.3% |
| Financial income | 75/76B | €6,218 | €6,211 | -€6 | -0.1% |
| Recurring financial income | 75 | €6,218 | €6,211 | -€6 | -0.1% |
| Financial charges | 65/66B | €3,875 | €3,713 | -€161 | -4.2% |
| Recurring financial charges | 65 | €3,875 | €3,713 | -€161 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €315,134 | €183,020 | -€132,115 | -41.9% |
| Income taxes | 67/77 | €29,020 | €42,733 | +€13,713 | +47.3% |
| Profit (loss) for the period | 9904 | €286,114 | €140,286 | -€145,828 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €286,114 | €140,286 | -€145,828 | -51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.