BOEVE: 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.
BOEVE
Largest movements
- Deferred charges and accrued income +€19,931
up €19,931 (+5,030%), from €396 to €20,327
- Cash +€19,649
up €19,649 (+13.3%), from €147,704 to €167,353
mainly Other debts (+€15,811) and Net result for the year (+€14,119)
- Tangible fixed assets -€14,064
down €14,064 (-26.2%), from €53,768 to €39,704
of which Furniture and vehicles: -€10,613
- Receivables within one year -€8,830
down €8,830 (-15.8%), from €55,977 to €47,146
of which Trade receivables: -€8,368
- Other debts +€15,811
up €15,811 (+37.3%), from €42,361 to €58,172
- Gross operating margin -€22,476
down €22,476 (-33.5%), from €67,142 to €44,666
- Taxes -€6,504
down €6,504 (-43.7%), from €14,880 to €8,376
- Financial charges +€1,208
up €1,208 (+19.2%), from €6,290 to €7,497
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 | €257,845 | €274,530 | +€16,685 | +6.5% |
| Fixed assets | 21/28 | €53,768 | €39,704 | -€14,064 | -26.2% |
| Tangible fixed assets | 22/27 | €53,768 | €39,704 | -€14,064 | -26.2% |
| Plant, machinery and equipment | 23 | €17,537 | €14,086 | -€3,451 | -19.7% |
| Furniture and vehicles | 24 | €36,232 | €25,619 | -€10,613 | -29.3% |
| Current assets | 29/58 | €204,077 | €234,826 | +€30,749 | +15.1% |
| Amounts receivable within one year | 40/41 | €55,977 | €47,146 | -€8,830 | -15.8% |
| Trade receivables | 40 | €53,677 | €45,308 | -€8,368 | -15.6% |
| Other amounts receivable | 41 | €2,300 | €1,838 | -€462 | -20.1% |
| Cash at bank and in hand | 54/58 | €147,704 | €167,353 | +€19,649 | +13.3% |
| Deferred charges and accrued income | 490/1 | €396 | €20,327 | +€19,931 | +5,030% |
| Total equity and liabilities | 10/49 | €257,845 | €274,530 | +€16,685 | +6.5% |
| Equity | 10/15 | €168,907 | €167,915 | -€993 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,307 | €149,315 | -€993 | -0.7% |
| Distributable reserves | 133 | €150,307 | €149,315 | -€993 | -0.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €88,938 | €106,616 | +€17,678 | +19.9% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,938 | €76,543 | +€17,605 | +29.9% |
| Trade debts | 44 | €1,033 | €914 | -€119 | -11.5% |
| Suppliers | 440/4 | €1,033 | €914 | -€119 | -11.5% |
| Taxes, remuneration and social security | 45 | €15,543 | €17,457 | +€1,914 | +12.3% |
| Taxes | 450/3 | €11,168 | €13,155 | +€1,987 | +17.8% |
| Remuneration and social security | 454/9 | €4,375 | €4,301 | -€73 | -1.7% |
| Other amounts payable | 47/48 | €42,361 | €58,172 | +€15,811 | +37.3% |
| Accrued charges and deferred income | 492/3 | - | €73 | +€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,563 | €14,064 | +€501 | +3.7% |
| Other operating charges | 640/8 | €673 | €609 | -€64 | -9.5% |
| Gross operating margin | 9900 | €67,142 | €44,666 | -€22,476 | -33.5% |
| Operating profit (loss) | 9901 | €52,906 | €29,993 | -€22,913 | -43.3% |
| Financial income | 75/76B | €14 | €0 | -€14 | -100% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -100% |
| Financial charges | 65/66B | €6,290 | €7,497 | +€1,208 | +19.2% |
| Recurring financial charges | 65 | €6,290 | €7,497 | +€1,208 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €46,630 | €22,496 | -€24,134 | -51.8% |
| Income taxes | 67/77 | €14,880 | €8,376 | -€6,504 | -43.7% |
| Profit (loss) for the period | 9904 | €31,750 | €14,119 | -€17,631 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,750 | €14,119 | -€17,631 | -55.5% |
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 20 October 2026 via checked.be.