BOON - GALLERY: 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.
BOON - GALLERY
Largest movements
- Tangible fixed assets -€150,328
down €150,328 (-3.0%), from €4.9m to €4.8m
of which Land and buildings: -€108,535
- Cash -€105,439
down €105,439 (-87.1%), from €121,094 to €15,655
mainly Debts after one year (-€171,343) and Stocks and contracts (-€73,121)
- Stocks and contracts +€73,121
up €73,121 (+29.3%), from €249,308 to €322,428
- Debts after one year -€171,343
down €171,343 (-11.5%), from €1.5m to €1.3m
of which Other amounts payable: -€120,000
- Reserves +€79,563
up €79,563 (+4.0%), from €2.0m to €2.1m
of which Distributable reserves: +€114,455
- Gross operating margin -€277,957
down €277,957 (-43.6%), from €637,081 to €359,124
- Taxes -€78,837
down €78,837 (-65.9%), from €119,660 to €40,822
- Depreciation -€45,827
down €45,827 (-21.3%), from €214,967 to €169,140
- Financial charges -€32,526
down €32,526 (-36.0%), from €90,245 to €57,719
of which Financial charges: -€33,116
- Provisions +€29,789
no longer reported in 2025 (was -€29,789)
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 | €5,384,763 | €5,177,364 | -€207,399 | -3.9% |
| Fixed assets | 21/28 | €4,964,064 | €4,813,736 | -€150,328 | -3.0% |
| Tangible fixed assets | 22/27 | €4,948,918 | €4,798,590 | -€150,328 | -3.0% |
| Land and buildings | 22 | €4,408,046 | €4,299,511 | -€108,535 | -2.5% |
| Plant, machinery and equipment | 23 | €540,872 | €499,079 | -€41,793 | -7.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €15,146 | €15,146 | = | 0.0% |
| Current assets | 29/58 | €420,698 | €363,627 | -€57,071 | -13.6% |
| Stocks and contracts in progress | 3 | €249,308 | €322,428 | +€73,121 | +29.3% |
| Stocks | 30/36 | €249,308 | €322,428 | +€73,121 | +29.3% |
| Amounts receivable within one year | 40/41 | €30,528 | €7,284 | -€23,244 | -76.1% |
| Trade receivables | 40 | - | €2,309 | +€2,309 | |
| Other amounts receivable | 41 | €30,528 | €4,975 | -€25,553 | -83.7% |
| Cash at bank and in hand | 54/58 | €121,094 | €15,655 | -€105,439 | -87.1% |
| Deferred charges and accrued income | 490/1 | €19,769 | €18,260 | -€1,509 | -7.6% |
| Total equity and liabilities | 10/49 | €5,384,763 | €5,177,364 | -€207,399 | -3.9% |
| Equity | 10/15 | €2,054,966 | €2,134,529 | +€79,563 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,992,966 | €2,072,529 | +€79,563 | +4.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €891,372 | €856,480 | -€34,892 | -3.9% |
| Distributable reserves | 133 | €1,095,394 | €1,209,849 | +€114,455 | +10.4% |
| Provisions and deferred taxes | 16 | €297,124 | €285,493 | -€11,631 | -3.9% |
| Deferred taxes | 168 | €297,124 | €285,493 | -€11,631 | -3.9% |
| Amounts payable | 17/49 | €3,032,673 | €2,757,342 | -€275,331 | -9.1% |
| Amounts payable after more than one year | 17 | €1,491,229 | €1,319,886 | -€171,343 | -11.5% |
| Financial debts | 170/4 | €291,229 | €239,886 | -€51,343 | -17.6% |
| Other amounts payable | 178/9 | €1,200,000 | €1,080,000 | -€120,000 | -10.0% |
| Amounts payable within one year | 42/48 | €1,541,444 | €1,437,456 | -€103,988 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €1,276,767 | €1,223,843 | -€52,924 | -4.1% |
| Trade debts | 44 | €207,219 | €208,770 | +€1,551 | +0.7% |
| Suppliers | 440/4 | €207,219 | €208,770 | +€1,551 | +0.7% |
| Taxes, remuneration and social security | 45 | €3,000 | - | -€3,000 | |
| Taxes | 450/3 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €54,458 | €4,843 | -€49,615 | -91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,967 | €169,140 | -€45,827 | -21.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,000 | - | +€5,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€29,789 | - | +€29,789 | |
| Other operating charges | 640/8 | €42,674 | €23,744 | -€18,930 | -44.4% |
| Gross operating margin | 9900 | €637,081 | €359,124 | -€277,957 | -43.6% |
| Operating profit (loss) | 9901 | €414,229 | €166,240 | -€247,989 | -59.9% |
| Financial income | 75/76B | €736 | €234 | -€502 | -68.2% |
| Recurring financial income | 75 | €736 | €234 | -€502 | -68.2% |
| Financial charges | 65/66B | €90,245 | €57,719 | -€32,526 | -36.0% |
| Recurring financial charges | 65 | €90,245 | €57,128 | -€33,116 | -36.7% |
| Non-recurring financial charges | 66B | - | €591 | +€591 | |
| Profit (loss) for the period before taxes | 9903 | €324,720 | €108,755 | -€215,965 | -66.5% |
| Transfer from deferred taxes | 780 | €11,901 | €11,631 | -€270 | -2.3% |
| Income taxes | 67/77 | €119,660 | €40,822 | -€78,837 | -65.9% |
| Profit (loss) for the period | 9904 | €216,961 | €79,563 | -€137,398 | -63.3% |
| Transfer from tax-exempt reserves | 789 | €35,702 | €34,892 | -€811 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €252,663 | €114,455 | -€138,209 | -54.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.