BOON & HEYNINCK: what changed
What changed
BOON & HEYNINCK
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€78,272
2023 · €203,691-€125,419
Equity
€185,366
2023 · €227,094-€41,728
Cash
€64,866
2023 · €50,093+€14,773
Balance sheet total
€1.7m
2023 · €1.2m+€504,771
Largest movements
Assets
- Intangible fixed assets +€484,225
up €484,225 (+185%), from €262,239 to €746,464
- Receivables within one year -€53,985
down €53,985 (-8.7%), from €624,006 to €570,021
of which Trade receivables: -€93,956
- Current investments +€42,000
new in 2024: €42,000
- Tangible fixed assets +€17,758
up €17,758 (+8.3%), from €214,596 to €232,354
of which Furniture and vehicles: +€12,827
Equity and liabilities
- Debts after one year +€417,328
up €417,328 (+94.6%), from €441,342 to €858,670
- Current portion of long-term debt +€121,712
up €121,712 (+181%), from €67,300 to €189,012
- Reserves -€43,634
down €43,634 (-20.9%), from €208,494 to €164,860
of which Distributable reserves: -€43,634
Income statement
- Gross operating margin -€162,872
down €162,872 (-15.9%), from €1.0m to €863,136
- Taxes -€34,733
down €34,733 (-45.2%), from €76,810 to €42,077
- Depreciation -€17,492
down €17,492 (-13.9%), from €125,673 to €108,181
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€203,691
Gross operating margin
-€162,872
Staff costs
-€6,257
Depreciation
+€17,492
Other operating charges
+€486
Other operating items
-€86
Financial income
-€3,616
Financial charges
-€5,299
Taxes
+€34,733
Result 2024
€78,272
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€247,897
Investment
-€652,164
Financing
+€419,040
Cash 2023
€50,093
From operations (derived)
+€247,897
Net result for the year
+€78,272
Depreciation
+€108,181
Receivables within one year
+€53,985
Trade debts
-€2,236
Tax, wage and social debts
-€4,595
Other debts
+€14,290
Investment (derived)
-€652,164
Investment in fixed assets (net)
-€610,164
Current investments
-€42,000
Financing
+€419,040
Debts after one year
+€417,328
Current portion of long-term debt
+€121,712
Contributions, distributions and other
-€120,000
Cash 2024
€64,866
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,165,934 | €1,670,705 | +€504,771 | +43.3% |
| Fixed assets | 21/28 | €476,835 | €978,818 | +€501,983 | +105% |
| Intangible fixed assets | 21 | €262,239 | €746,464 | +€484,225 | +185% |
| Tangible fixed assets | 22/27 | €214,596 | €232,354 | +€17,758 | +8.3% |
| Land and buildings | 22 | €190,684 | €187,138 | -€3,546 | -1.9% |
| Plant, machinery and equipment | 23 | - | €8,477 | +€8,477 | |
| Furniture and vehicles | 24 | €23,912 | €36,739 | +€12,827 | +53.6% |
| Current assets | 29/58 | €689,099 | €691,887 | +€2,788 | +0.4% |
| Amounts receivable within one year | 40/41 | €624,006 | €570,021 | -€53,985 | -8.7% |
| Trade receivables | 40 | €568,006 | €474,050 | -€93,956 | -16.5% |
| Other amounts receivable | 41 | €56,000 | €95,971 | +€39,971 | +71.4% |
| Current investments | 50/53 | - | €42,000 | +€42,000 | |
| Cash at bank and in hand | 54/58 | €50,093 | €64,866 | +€14,773 | +29.5% |
| Deferred charges and accrued income | 490/1 | €15,000 | €15,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,165,934 | €1,670,705 | +€504,771 | +43.3% |
| Equity | 10/15 | €227,094 | €185,366 | -€41,728 | -18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,494 | €164,860 | -€43,634 | -20.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €93,000 | €93,000 | = | 0.0% |
| Distributable reserves | 133 | €113,634 | €70,000 | -€43,634 | -38.4% |
| Profit (loss) carried forward | 14 | - | €1,906 | +€1,906 | |
| Amounts payable | 17/49 | €938,840 | €1,485,339 | +€546,499 | +58.2% |
| Amounts payable after more than one year | 17 | €441,342 | €858,670 | +€417,328 | +94.6% |
| Financial debts | 170/4 | €441,342 | €858,670 | +€417,328 | +94.6% |
| Amounts payable within one year | 42/48 | €497,498 | €626,669 | +€129,171 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €67,300 | €189,012 | +€121,712 | +181% |
| Trade debts | 44 | €270,078 | €267,842 | -€2,236 | -0.8% |
| Suppliers | 440/4 | €270,078 | €267,842 | -€2,236 | -0.8% |
| Taxes, remuneration and social security | 45 | €130,120 | €125,525 | -€4,595 | -3.5% |
| Taxes | 450/3 | €61,810 | €63,887 | +€2,077 | +3.4% |
| Remuneration and social security | 454/9 | €68,310 | €61,638 | -€6,672 | -9.8% |
| Other amounts payable | 47/48 | €30,000 | €44,290 | +€14,290 | +47.6% |
| Remuneration, social security and pensions | 62 | €610,090 | €616,347 | +€6,257 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,673 | €108,181 | -€17,492 | -13.9% |
| Other operating charges | 640/8 | €1,793 | €1,307 | -€486 | -27.1% |
| Non-recurring operating charges | 66A | - | €86 | +€86 | |
| Gross operating margin | 9900 | €1,026,008 | €863,136 | -€162,872 | -15.9% |
| Operating profit (loss) | 9901 | €288,452 | €137,215 | -€151,237 | -52.4% |
| Financial income | 75/76B | €3,623 | €7 | -€3,616 | -99.8% |
| Recurring financial income | 75 | €3,623 | €7 | -€3,616 | -99.8% |
| Financial charges | 65/66B | €11,574 | €16,873 | +€5,299 | +45.8% |
| Recurring financial charges | 65 | €11,574 | €16,873 | +€5,299 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €280,501 | €120,349 | -€160,152 | -57.1% |
| Income taxes | 67/77 | €76,810 | €42,077 | -€34,733 | -45.2% |
| Profit (loss) for the period | 9904 | €203,691 | €78,272 | -€125,419 | -61.6% |
| Transfer to tax-exempt reserves | 689 | €93,000 | - | -€93,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €110,691 | €78,272 | -€32,419 | -29.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.