BOON - DEVIS KINE: 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.
BOON - DEVIS KINE
Largest movements
- Cash +€98,429
up €98,429 (+106.2%), from €92,724 to €191,153
mainly Net result for the year (+€83,712) and Depreciation (+€48,993)
- Receivables within one year -€20,161
down €20,161 (-14.6%), from €137,906 to €117,745
of which Other amounts receivable: -€20,161
- Tangible fixed assets -€9,511
down €9,511 (-3.0%), from €313,749 to €304,238
of which Furniture and vehicles: -€27,448
- Reserves +€83,600
up €83,600 (+27.9%), from €299,765 to €383,365
- Debts after one year -€24,250
down €24,250 (-21.2%), from €114,647 to €90,397
- Tax, wage and social debts +€10,818
up €10,818 (+100.7%), from €10,741 to €21,559
of which Taxes: +€10,760
- Gross operating margin +€90,607
up €90,607 (+53.8%), from €168,472 to €259,078
- Taxes +€13,887
up €13,887 (+47.5%), from €29,257 to €43,143
- Staff costs +€3,491
up €3,491 (+17.5%), from €19,912 to €23,403
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.
Cash bridge derived
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 | €548,271 | €621,551 | +€73,280 | +13.4% |
| Fixed assets | 21/28 | €313,749 | €304,238 | -€9,511 | -3.0% |
| Tangible fixed assets | 22/27 | €313,749 | €304,238 | -€9,511 | -3.0% |
| Land and buildings | 22 | €137,661 | €132,618 | -€5,042 | -3.7% |
| Plant, machinery and equipment | 23 | €7,137 | €29,114 | +€21,976 | +307.9% |
| Furniture and vehicles | 24 | €106,925 | €79,477 | -€27,448 | -25.7% |
| Other tangible fixed assets | 26 | €62,025 | €63,029 | +€1,003 | +1.6% |
| Current assets | 29/58 | €234,522 | €317,313 | +€82,791 | +35.3% |
| Amounts receivable within one year | 40/41 | €137,906 | €117,745 | -€20,161 | -14.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €137,906 | €117,745 | -€20,161 | -14.6% |
| Cash at bank and in hand | 54/58 | €92,724 | €191,153 | +€98,429 | +106.2% |
| Deferred charges and accrued income | 490/1 | €3,893 | €8,416 | +€4,523 | +116.2% |
| Total equity and liabilities | 10/49 | €548,271 | €621,551 | +€73,280 | +13.4% |
| Equity | 10/15 | €309,462 | €393,174 | +€83,712 | +27.1% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €299,765 | €383,365 | +€83,600 | +27.9% |
| Distributable reserves | 133 | €299,765 | €383,365 | +€83,600 | +27.9% |
| Profit (loss) carried forward | 14 | €9,697 | €9,809 | +€112 | +1.2% |
| Amounts payable | 17/49 | €238,810 | €228,378 | -€10,432 | -4.4% |
| Amounts payable after more than one year | 17 | €114,647 | €90,397 | -€24,250 | -21.2% |
| Financial debts | 170/4 | €114,647 | €90,397 | -€24,250 | -21.2% |
| Amounts payable within one year | 42/48 | €80,486 | €90,321 | +€9,835 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €23,538 | €24,250 | +€711 | +3.0% |
| Financial debts | 43 | €98 | €63 | -€35 | -35.6% |
| Credit institutions | 430/8 | €98 | €63 | -€35 | -35.6% |
| Trade debts | 44 | €4,551 | €5,140 | +€589 | +12.9% |
| Suppliers | 440/4 | €4,551 | €5,140 | +€589 | +12.9% |
| Taxes, remuneration and social security | 45 | €10,741 | €21,559 | +€10,818 | +100.7% |
| Taxes | 450/3 | €5,425 | €16,185 | +€10,760 | +198.3% |
| Remuneration and social security | 454/9 | €5,316 | €5,374 | +€58 | +1.1% |
| Other amounts payable | 47/48 | €41,558 | €39,310 | -€2,248 | -5.4% |
| Accrued charges and deferred income | 492/3 | €43,677 | €47,659 | +€3,982 | +9.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €19,912 | €23,403 | +€3,491 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,729 | €48,993 | +€1,264 | +2.6% |
| Other operating charges | 640/8 | €5,688 | €3,840 | -€1,848 | -32.5% |
| Non-recurring operating charges | 66A | - | €50,100 | +€50,100 | |
| Gross operating margin | 9900 | €168,472 | €259,078 | +€90,607 | +53.8% |
| Operating profit (loss) | 9901 | €95,143 | €132,742 | +€37,599 | +39.5% |
| Financial income | 75/76B | €215 | €1,213 | +€998 | +465.1% |
| Recurring financial income | 75 | €215 | €1,213 | +€998 | +465.1% |
| Financial charges | 65/66B | €9,166 | €7,100 | -€2,066 | -22.5% |
| Recurring financial charges | 65 | €9,166 | €7,100 | -€2,066 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €86,192 | €126,856 | +€40,664 | +47.2% |
| Income taxes | 67/77 | €29,257 | €43,143 | +€13,887 | +47.5% |
| Profit (loss) for the period | 9904 | €56,935 | €83,712 | +€26,777 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,935 | €83,712 | +€26,777 | +47.0% |
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 7 October 2026 via checked.be.