Boets Bram: 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.
Boets Bram
Largest movements
- Receivables within one year +€38,942
up €38,942 (+4997.7%), from €779 to €39,721
of which Trade receivables: +€37,293
- Deferred charges and accrued income +€24,784
up €24,784 (+1655.7%), from €1,497 to €26,281
- Cash -€20,734
down €20,734 (-15.4%), from €134,465 to €113,730
mainly Receivables within one year (-€38,942) and Deferred charges and accrued income (-€24,784)
- Stocks and contracts +€2,000
new in 2025: €2,000
- Trade debts +€44,837
up €44,837 (+978.7%), from €4,581 to €49,418
- Reserves +€25,021
up €25,021 (+25.9%), from €96,534 to €121,555
- Tax, wage and social debts -€20,518
down €20,518 (-84.1%), from €24,389 to €3,870
- Other debts -€4,324
down €4,324 (-29.9%), from €14,448 to €10,125
- Gross operating margin -€18,136
down €18,136 (-25.3%), from €71,589 to €53,452
- Taxes -€3,485
down €3,485 (-22.6%), from €15,396 to €11,911
- Financial charges -€2,223
down €2,223 (-28.0%), from €7,935 to €5,712
- Staff costs -€1,318
down €1,318 (-46.4%), from €2,839 to €1,520
- Financial income +€810
up €810 (+60.9%), from €1,331 to €2,140
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 | €152,369 | €197,407 | +€45,038 | +29.6% |
| Fixed assets | 21/28 | €15,629 | €15,675 | +€47 | +0.3% |
| Tangible fixed assets | 22/27 | €15,629 | €15,675 | +€47 | +0.3% |
| Land and buildings | 22 | €8,155 | €3,596 | -€4,559 | -55.9% |
| Plant, machinery and equipment | 23 | €5,631 | €11,660 | +€6,030 | +107.1% |
| Furniture and vehicles | 24 | €1,843 | €419 | -€1,424 | -77.3% |
| Current assets | 29/58 | €136,741 | €181,732 | +€44,991 | +32.9% |
| Stocks and contracts in progress | 3 | - | €2,000 | +€2,000 | |
| Stocks | 30/36 | - | €2,000 | +€2,000 | |
| Amounts receivable within one year | 40/41 | €779 | €39,721 | +€38,942 | +4997.7% |
| Trade receivables | 40 | €739 | €38,032 | +€37,293 | +5046.4% |
| Other amounts receivable | 41 | €40 | €1,689 | +€1,649 | +4101.9% |
| Cash at bank and in hand | 54/58 | €134,465 | €113,730 | -€20,734 | -15.4% |
| Deferred charges and accrued income | 490/1 | €1,497 | €26,281 | +€24,784 | +1655.7% |
| Total equity and liabilities | 10/49 | €152,369 | €197,407 | +€45,038 | +29.6% |
| Equity | 10/15 | €108,934 | €133,955 | +€25,021 | +23.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €96,534 | €121,555 | +€25,021 | +25.9% |
| Distributable reserves | 133 | €96,534 | €121,555 | +€25,021 | +25.9% |
| Amounts payable | 17/49 | €43,435 | €63,452 | +€20,017 | +46.1% |
| Amounts payable within one year | 42/48 | €43,418 | €63,413 | +€19,995 | +46.1% |
| Trade debts | 44 | €4,581 | €49,418 | +€44,837 | +978.7% |
| Suppliers | 440/4 | €4,581 | €49,418 | +€44,837 | +978.7% |
| Taxes, remuneration and social security | 45 | €24,389 | €3,870 | -€20,518 | -84.1% |
| Taxes | 450/3 | €24,389 | €3,870 | -€20,518 | -84.1% |
| Other amounts payable | 47/48 | €14,448 | €10,125 | -€4,324 | -29.9% |
| Accrued charges and deferred income | 492/3 | €17 | €39 | +€22 | +130.4% |
| Remuneration, social security and pensions | 62 | €2,839 | €1,520 | -€1,318 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,220 | €4,434 | -€787 | -15.1% |
| Other operating charges | 640/8 | €1,805 | €1,293 | -€513 | -28.4% |
| Gross operating margin | 9900 | €71,589 | €53,452 | -€18,136 | -25.3% |
| Operating profit (loss) | 9901 | €61,724 | €46,206 | -€15,519 | -25.1% |
| Financial income | 75/76B | €1,331 | €2,140 | +€810 | +60.9% |
| Recurring financial income | 75 | €1,331 | €2,140 | +€810 | +60.9% |
| Financial charges | 65/66B | €7,935 | €5,712 | -€2,223 | -28.0% |
| Recurring financial charges | 65 | €7,935 | €5,712 | -€2,223 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €55,121 | €42,634 | -€12,486 | -22.7% |
| Income taxes | 67/77 | €15,396 | €11,911 | -€3,485 | -22.6% |
| Profit (loss) for the period | 9904 | €39,725 | €30,723 | -€9,002 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,725 | €30,723 | -€9,002 | -22.7% |
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.