BOOGHMANS ELS: 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.
BOOGHMANS ELS
Largest movements
- Current investments -€50,000
down €50,000 (-27.3%), from €183,148 to €133,148
- Cash +€30,523
up €30,523 (+174%), from €17,555 to €48,078
mainly Current investments (+€50,000) and Depreciation (+€14,069)
- Tangible fixed assets -€14,069
down €14,069 (-14.1%), from €99,701 to €85,632
of which Furniture and vehicles: -€9,835
- Receivables within one year +€13,527
up €13,527 (+6.7%), from €201,520 to €215,047
- Profit (loss) carried forward -€12,910
down €12,910 (-9.7%), from €132,873 to €119,963
- Current portion of long-term debt -€5,483
down €5,483 (-66.7%), from €8,225 to €2,742
- Gross operating margin +€46,511
up €46,511, from -€45,420 to €1,091
- Other operating charges +€714
up €714 (+525%), from €136 to €850
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 | €503,548 | €482,253 | -€21,295 | -4.2% |
| Fixed assets | 21/28 | €99,701 | €85,632 | -€14,069 | -14.1% |
| Tangible fixed assets | 22/27 | €99,701 | €85,632 | -€14,069 | -14.1% |
| Land and buildings | 22 | €86,754 | €82,520 | -€4,234 | -4.9% |
| Furniture and vehicles | 24 | €12,947 | €3,112 | -€9,835 | -76.0% |
| Current assets | 29/58 | €403,847 | €396,621 | -€7,226 | -1.8% |
| Amounts receivable within one year | 40/41 | €201,520 | €215,047 | +€13,527 | +6.7% |
| Other amounts receivable | 41 | €201,520 | €215,047 | +€13,527 | +6.7% |
| Current investments | 50/53 | €183,148 | €133,148 | -€50,000 | -27.3% |
| Cash at bank and in hand | 54/58 | €17,555 | €48,078 | +€30,523 | +174% |
| Deferred charges and accrued income | 490/1 | €1,624 | €348 | -€1,276 | -78.6% |
| Total equity and liabilities | 10/49 | €503,548 | €482,253 | -€21,295 | -4.2% |
| Equity | 10/15 | €491,647 | €478,737 | -€12,910 | -2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €346,374 | €346,374 | = | 0.0% |
| Distributable reserves | 133 | €346,374 | €346,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,873 | €119,963 | -€12,910 | -9.7% |
| Amounts payable | 17/49 | €11,901 | €3,516 | -€8,385 | -70.5% |
| Amounts payable after more than one year | 17 | €2,741 | - | -€2,741 | |
| Financial debts | 170/4 | €2,741 | - | -€2,741 | |
| Amounts payable within one year | 42/48 | €9,160 | €3,516 | -€5,644 | -61.6% |
| Current portion of amounts payable after more than one year | 42 | €8,225 | €2,742 | -€5,483 | -66.7% |
| Trade debts | 44 | - | €69 | +€69 | |
| Suppliers | 440/4 | - | €69 | +€69 | |
| Taxes, remuneration and social security | 45 | €935 | €705 | -€230 | -24.6% |
| Taxes | 450/3 | €935 | €705 | -€230 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,379 | €14,069 | -€310 | -2.2% |
| Other operating charges | 640/8 | €136 | €850 | +€714 | +525% |
| Gross operating margin | 9900 | -€45,420 | €1,091 | +€46,511 | |
| Operating profit (loss) | 9901 | -€59,935 | -€13,828 | +€46,107 | +76.9% |
| Financial income | 75/76B | €1,101 | €1,436 | +€335 | +30.4% |
| Recurring financial income | 75 | €1,101 | €1,436 | +€335 | +30.4% |
| Financial charges | 65/66B | €323 | €511 | +€188 | +58.2% |
| Recurring financial charges | 65 | €323 | €511 | +€188 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | -€59,157 | -€12,903 | +€46,254 | +78.2% |
| Income taxes | 67/77 | €224 | €7 | -€217 | -96.9% |
| Profit (loss) for the period | 9904 | -€59,381 | -€12,910 | +€46,471 | +78.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,381 | -€12,910 | +€46,471 | +78.3% |
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 22 October 2026 via checked.be.