BOEYKENS: 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.
BOEYKENS
Largest movements
- Cash +€30,819
up €30,819 (+267%), from €11,549 to €42,369
mainly Net result for the year (+€38,748) and Tax, wage and social debts (+€12,541)
- Tangible fixed assets +€17,532
up €17,532 (+4.4%), from €402,275 to €419,808
of which Land and buildings: +€17,532
- Reserves +€38,748
up €38,748 (+32.9%), from €117,763 to €156,511
of which Distributable reserves: +€38,748
- Debts after one year -€22,603
down €22,603 (-8.5%), from €264,855 to €242,251
- Tax, wage and social debts +€12,541
up €12,541 (+136%), from €9,242 to €21,783
- Other debts +€11,000
new in 2023: €11,000
- Trade debts +€9,815
up €9,815 (+20.0%), from €49,040 to €58,856
- Depreciation -€39,285
down €39,285 (-97.1%), from €40,472 to €1,188
- Gross operating margin +€24,118
up €24,118 (+48.3%), from €49,939 to €74,057
- Taxes +€18,650
new in 2023: €18,650
- Financial charges -€3,546
down €3,546 (-23.6%), from €15,044 to €11,498
- Other operating charges +€3,123
up €3,123 (+522%), from €599 to €3,721
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €544,938 | €598,153 | +€53,216 | +9.8% |
| Fixed assets | 21/28 | €413,616 | €431,148 | +€17,532 | +4.2% |
| Tangible fixed assets | 22/27 | €402,275 | €419,808 | +€17,532 | +4.4% |
| Land and buildings | 22 | €376,786 | €394,318 | +€17,532 | +4.7% |
| Plant, machinery and equipment | 23 | €85 | €85 | = | 0.0% |
| Furniture and vehicles | 24 | €24,399 | €24,399 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,006 | €1,006 | = | 0.0% |
| Financial fixed assets | 28 | €11,341 | €11,341 | = | 0.0% |
| Current assets | 29/58 | €131,322 | €167,005 | +€35,683 | +27.2% |
| Stocks and contracts in progress | 3 | €23,560 | €23,800 | +€240 | +1.0% |
| Stocks | 30/36 | €23,560 | €23,800 | +€240 | +1.0% |
| Amounts receivable within one year | 40/41 | €93,844 | €96,869 | +€3,025 | +3.2% |
| Trade receivables | 40 | €12,484 | €3,361 | -€9,123 | -73.1% |
| Other amounts receivable | 41 | €81,360 | €93,508 | +€12,149 | +14.9% |
| Cash at bank and in hand | 54/58 | €11,549 | €42,369 | +€30,819 | +267% |
| Deferred charges and accrued income | 490/1 | €2,369 | €3,967 | +€1,598 | +67.5% |
| Total equity and liabilities | 10/49 | €544,938 | €598,153 | +€53,216 | +9.8% |
| Equity | 10/15 | €154,963 | €193,711 | +€38,748 | +25.0% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €37,200 | +€37,200 | |
| Other | 1109/19 | - | €37,200 | +€37,200 | |
| Reserves | 13 | €117,763 | €156,511 | +€38,748 | +32.9% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,847 | €50,847 | = | 0.0% |
| Distributable reserves | 133 | €63,196 | €101,945 | +€38,748 | +61.3% |
| Provisions and deferred taxes | 16 | €26,182 | €26,182 | = | 0.0% |
| Deferred taxes | 168 | €26,182 | €26,182 | = | 0.0% |
| Amounts payable | 17/49 | €363,793 | €378,260 | +€14,467 | +4.0% |
| Amounts payable after more than one year | 17 | €264,855 | €242,251 | -€22,603 | -8.5% |
| Financial debts | 170/4 | €264,855 | €242,251 | -€22,603 | -8.5% |
| Amounts payable within one year | 42/48 | €97,938 | €135,009 | +€37,071 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €38,656 | €42,370 | +€3,714 | +9.6% |
| Trade debts | 44 | €49,040 | €58,856 | +€9,815 | +20.0% |
| Suppliers | 440/4 | €49,040 | €58,856 | +€9,815 | +20.0% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €9,242 | €21,783 | +€12,541 | +136% |
| Taxes | 450/3 | €9,242 | €21,783 | +€12,541 | +136% |
| Other amounts payable | 47/48 | - | €11,000 | +€11,000 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €252 | +€252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,472 | €1,188 | -€39,285 | -97.1% |
| Other operating charges | 640/8 | €599 | €3,721 | +€3,123 | +522% |
| Gross operating margin | 9900 | €49,939 | €74,057 | +€24,118 | +48.3% |
| Operating profit (loss) | 9901 | €8,868 | €68,896 | +€60,028 | +677% |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €15,044 | €11,498 | -€3,546 | -23.6% |
| Recurring financial charges | 65 | €15,044 | €11,498 | -€3,546 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,153 | €57,398 | +€63,551 | |
| Transfer from deferred taxes | 780 | €2,380 | - | -€2,380 | |
| Income taxes | 67/77 | - | €18,650 | +€18,650 | |
| Profit (loss) for the period | 9904 | -€3,773 | €38,748 | +€42,521 | |
| Transfer from tax-exempt reserves | 789 | €4,622 | - | -€4,622 | |
| Profit (loss) for the period to be appropriated | 9905 | €850 | €38,748 | +€37,899 | +4,461% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.