BOISNANZA: 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.
What changed
BOISNANZA
NACE 47.523, Retail trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€25,084
2024 · -€89,749+€64,665
Equity
-€109,040
2024 · -€83,957-€25,084
Cash
-
2024 · €53-€53
Balance sheet total
€168,779
2024 · €274,641-€105,862
Largest movements
Assets
- Receivables within one year -€104,738
down €104,738 (-74.6%), from €140,438 to €35,700
of which Trade receivables: -€104,738
Equity and liabilities
- Accrued charges and deferred income -€62,093
no longer reported in 2025 (was €62,093)
- Trade debts -€53,010
down €53,010 (-70.6%), from €75,073 to €22,062
- Other debts +€43,825
up €43,825 (+71.3%), from €61,452 to €105,277
- Profit (loss) carried forward -€25,084
down €25,084 (-20.2%), from -€124,242 to -€149,326
- Current portion of long-term debt -€3,898
down €3,898 (-56.8%), from €6,857 to €2,959
Income statement
- Gross operating margin +€67,920
up €67,920, from -€66,125 to €1,795
- Other operating charges -€5,649
down €5,649 (-85.3%), from €6,626 to €977
- Taxes -€4,257
no longer reported in 2025 (was €4,257)
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.
Result 2024
-€89,749
Gross operating margin
+€67,920
Other operating charges
+€5,649
Other operating items
-€13,380
Financial income
+€309
Financial charges
-€89
Taxes
+€4,257
Result 2025
-€25,084
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€9,202
Investment
-€1,350
Financing
-€7,904
Cash 2024
€53
From operations (derived)
+€9,202
Net result for the year
-€25,084
Depreciation
+€2,453
Receivables within one year
+€104,738
Deferred charges and accrued income
-€31
Trade debts
-€53,010
Tax, wage and social debts
-€1,595
Other debts
+€43,825
Accrued charges and deferred income
-€62,093
Investment (derived)
-€1,350
Investment in fixed assets (net)
-€1,350
Financing
-€7,904
Debts after one year
-€2,959
Current portion of long-term debt
-€3,898
Short-term financial debts
-€1,047
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,641 | €168,779 | -€105,862 | -38.5% |
| Fixed assets | 21/28 | €9,150 | €8,047 | -€1,103 | -12.1% |
| Tangible fixed assets | 22/27 | €8,980 | €6,527 | -€2,453 | -27.3% |
| Plant, machinery and equipment | 23 | €2,483 | €1,917 | -€566 | -22.8% |
| Furniture and vehicles | 24 | €6,497 | €4,610 | -€1,887 | -29.0% |
| Financial fixed assets | 28 | €170 | €1,520 | +€1,350 | +792% |
| Current assets | 29/58 | €265,491 | €160,732 | -€104,759 | -39.5% |
| Stocks and contracts in progress | 3 | €125,000 | €125,000 | = | 0.0% |
| Stocks | 30/36 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €140,438 | €35,700 | -€104,738 | -74.6% |
| Trade receivables | 40 | €118,015 | €13,277 | -€104,738 | -88.7% |
| Other amounts receivable | 41 | €22,423 | €22,423 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €53 | - | -€53 | |
| Deferred charges and accrued income | 490/1 | - | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €274,641 | €168,779 | -€105,862 | -38.5% |
| Equity | 10/15 | -€83,957 | -€109,040 | -€25,084 | -29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,686 | €21,686 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,030 | €1,030 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,030 | €1,030 | = | 0.0% |
| Distributable reserves | 133 | €20,655 | €20,655 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,242 | -€149,326 | -€25,084 | -20.2% |
| Amounts payable | 17/49 | €358,597 | €277,819 | -€80,778 | -22.5% |
| Amounts payable after more than one year | 17 | €2,959 | - | -€2,959 | |
| Financial debts | 170/4 | €2,959 | - | -€2,959 | |
| Amounts payable within one year | 42/48 | €293,545 | €277,819 | -€15,726 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €6,857 | €2,959 | -€3,898 | -56.8% |
| Financial debts | 43 | €135,015 | €133,967 | -€1,047 | -0.8% |
| Credit institutions | 430/8 | €135,015 | €133,967 | -€1,047 | -0.8% |
| Trade debts | 44 | €75,073 | €22,062 | -€53,010 | -70.6% |
| Suppliers | 440/4 | €75,073 | €22,062 | -€53,010 | -70.6% |
| Taxes, remuneration and social security | 45 | €15,149 | €13,553 | -€1,595 | -10.5% |
| Taxes | 450/3 | €15,149 | €13,553 | -€1,595 | -10.5% |
| Other amounts payable | 47/48 | €61,452 | €105,277 | +€43,825 | +71.3% |
| Accrued charges and deferred income | 492/3 | €62,093 | - | -€62,093 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,453 | €2,453 | = | 0.0% |
| Other operating charges | 640/8 | €6,626 | €977 | -€5,649 | -85.3% |
| Non-recurring operating charges | 66A | - | €13,380 | +€13,380 | |
| Gross operating margin | 9900 | -€66,125 | €1,795 | +€67,920 | |
| Operating profit (loss) | 9901 | -€75,204 | -€15,015 | +€60,189 | +80.0% |
| Financial income | 75/76B | - | €309 | +€309 | |
| Recurring financial income | 75 | - | €309 | +€309 | |
| Financial charges | 65/66B | €10,288 | €10,377 | +€89 | +0.9% |
| Recurring financial charges | 65 | €10,288 | €10,377 | +€89 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€85,492 | -€25,084 | +€60,408 | +70.7% |
| Income taxes | 67/77 | €4,257 | - | -€4,257 | |
| Profit (loss) for the period | 9904 | -€89,749 | -€25,084 | +€64,665 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,749 | -€25,084 | +€64,665 | +72.1% |
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 31 October 2026 via checked.be.