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Boma: 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.

What changed

Boma

BE 0406.846.902
NACE 38.210, Materials recovery from waste
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€574,845
2024 · €542,213+€32,632
Equity
€2.3m
2024 · €2.3m+€74,845
Cash
€299,597
2024 · €904,917-€605,320
Balance sheet total
€3.3m
2024 · €3.2m+€118,083

Largest movements

2024 to 2025
Assets
  • Current investments +€700,000

    new in 2025: €700,000

  • Cash -€605,320

    down €605,320 (-66.9%), from €904,917 to €299,597

    mainly Current investments (-€700,000) and Contributions, distributions and other (-€500,000)

  • Receivables within one year -€103,202

    down €103,202 (-30.5%), from €338,159 to €234,957

    of which Other amounts receivable: -€100,000

  • Stocks and contracts +€65,271

    up €65,271 (+26.4%), from €246,779 to €312,050

  • Tangible fixed assets +€64,096

    up €64,096 (+3.9%), from €1.7m to €1.7m

    of which Plant, machinery and equipment: +€51,535

Equity and liabilities
  • Reserves +€100,000

    up €100,000 (+4.7%), from €2.1m to €2.2m

    of which Distributable reserves: +€100,000

  • Tax, wage and social debts +€61,565

    up €61,565 (+67.6%), from €91,012 to €152,577

    of which Taxes: +€48,166

Income statement
  • Gross operating margin +€200,586

    up €200,586 (+16.2%), from €1.2m to €1.4m

  • Staff costs +€130,972

    up €130,972 (+36.2%), from €361,872 to €492,844

  • Financial income -€75,875

    down €75,875 (-88.5%), from €85,756 to €9,881

  • Other operating charges -€23,474

    down €23,474 (-17.3%), from €135,878 to €112,404

From the 2024 result to the 2025 result

effect on the 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 €542,213
Gross operating margin +€200,586
Staff costs -€130,972
Depreciation +€7,955
Write-downs +€8,042
Other operating charges +€23,474
Financial income -€75,875
Financial charges +€1,201
Taxes -€1,779
Result 2025 €574,845

Cash bridge derived

cash 2024 to 2025

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 +€740,139
Investment -€845,459
Financing -€500,000
Cash 2024 €904,917
Net result for the year +€574,845
Depreciation +€81,363
Stocks and contracts -€65,271
Receivables within one year +€103,202
Deferred charges and accrued income +€2,762
Trade debts -€18,437
Tax, wage and social debts +€61,565
Smaller working-capital items +€110
Investment in fixed assets (net) -€145,459
Current investments -€700,000
Contributions, distributions and other -€500,000
Cash 2025 €299,597
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,186,428 €3,304,511 +€118,083 +3.7%
Fixed assets 21/28 €1,675,418 €1,739,514 +€64,096 +3.8%
Tangible fixed assets 22/27 €1,655,133 €1,719,229 +€64,096 +3.9%
Land and buildings 22 €1,504,784 €1,518,962 +€14,178 +0.9%
Plant, machinery and equipment 23 €127,379 €178,914 +€51,535 +40.5%
Furniture and vehicles 24 €22,970 €21,353 -€1,617 -7.0%
Financial fixed assets 28 €20,285 €20,285 = 0.0%
Current assets 29/58 €1,511,010 €1,564,997 +€53,987 +3.6%
Stocks and contracts in progress 3 €246,779 €312,050 +€65,271 +26.4%
Stocks 30/36 €246,779 €312,050 +€65,271 +26.4%
Amounts receivable within one year 40/41 €338,159 €234,957 -€103,202 -30.5%
Trade receivables 40 €238,159 €234,957 -€3,202 -1.3%
Other amounts receivable 41 €100,000 - -€100,000
Current investments 50/53 - €700,000 +€700,000
Cash at bank and in hand 54/58 €904,917 €299,597 -€605,320 -66.9%
Deferred charges and accrued income 490/1 €21,155 €18,393 -€2,762 -13.1%
Total equity and liabilities 10/49 €3,186,428 €3,304,511 +€118,083 +3.7%
Equity 10/15 €2,267,567 €2,342,412 +€74,845 +3.3%
Contributions 10/11 €75,000 €75,000 = 0.0%
Reserves 13 €2,108,287 €2,208,287 +€100,000 +4.7%
Non-distributable reserves 130/1 €495,787 €495,787 = 0.0%
Other 1319 €495,787 €495,787 = 0.0%
Tax-exempt reserves 132 €337,500 €337,500 = 0.0%
Distributable reserves 133 €1,275,000 €1,375,000 +€100,000 +7.8%
Profit (loss) carried forward 14 €84,280 €59,125 -€25,155 -29.8%
Provisions and deferred taxes 16 €100,000 €100,000 = 0.0%
Deferred taxes 168 €100,000 €100,000 = 0.0%
Amounts payable 17/49 €818,861 €862,099 +€43,238 +5.3%
Amounts payable within one year 42/48 €814,547 €857,760 +€43,213 +5.3%
Trade debts 44 €223,535 €205,098 -€18,437 -8.2%
Suppliers 440/4 €223,535 €205,098 -€18,437 -8.2%
Taxes, remuneration and social security 45 €91,012 €152,577 +€61,565 +67.6%
Taxes 450/3 €39,122 €87,288 +€48,166 +123.1%
Remuneration and social security 454/9 €51,890 €65,289 +€13,399 +25.8%
Other amounts payable 47/48 €500,000 €500,085 +€85 0.0%
Accrued charges and deferred income 492/3 €4,314 €4,339 +€25 +0.6%
Remuneration, social security and pensions 62 €361,872 €492,844 +€130,972 +36.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €89,318 €81,363 -€7,955 -8.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - -€8,042 -€8,042
Other operating charges 640/8 €135,878 €112,404 -€23,474 -17.3%
Gross operating margin 9900 €1,238,675 €1,439,261 +€200,586 +16.2%
Operating profit (loss) 9901 €651,607 €760,692 +€109,085 +16.7%
Financial income 75/76B €85,756 €9,881 -€75,875 -88.5%
Recurring financial income 75 €85,756 €9,881 -€75,875 -88.5%
Financial charges 65/66B €4,759 €3,558 -€1,201 -25.2%
Recurring financial charges 65 €4,759 €3,558 -€1,201 -25.2%
Profit (loss) for the period before taxes 9903 €732,604 €767,015 +€34,411 +4.7%
Income taxes 67/77 €190,391 €192,170 +€1,779 +0.9%
Profit (loss) for the period 9904 €542,213 €574,845 +€32,632 +6.0%
Profit (loss) for the period to be appropriated 9905 €542,213 €574,845 +€32,632 +6.0%

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 29 September 2026 via checked.be.