BOON NATHALIE: 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.
What changed
BOON NATHALIE
NACE 73.300, Public relations and communication consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€117,348
2024 · €1.2m-€1.3m
Equity
€1.3m
2024 · €1.4m-€117,348
Cash
€10,068
2024 · €16,851-€6,783
Balance sheet total
€1.5m
2024 · €1.7m-€151,653
Largest movements
Assets
- Current investments -€273,305
down €273,305 (-30.4%), from €900,000 to €626,695
- Receivables within one year +€165,103
up €165,103 (+54.5%), from €303,158 to €468,262
of which Other amounts receivable: +€165,549
- Stocks and contracts -€41,777
down €41,777 (-100%), from €41,777 to €0
Equity and liabilities
- Profit (loss) carried forward -€117,348
new in 2025: -€117,348
- Debts after one year -€19,487
down €19,487 (-9.5%), from €206,080 to €186,594
Income statement
- Gross operating margin -€1.9m
down €1.9m, from €1.8m to -€77,467
- Taxes -€542,181
down €542,181 (-99.9%), from €542,663 to €483
- Staff costs -€65,870
down €65,870 (-95.2%), from €69,221 to €3,352
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.
Result 2024
€1.2m
Gross operating margin
-€1.9m
Staff costs
+€65,870
Depreciation
+€1,668
Other operating charges
-€22
Other operating items
+€2,659
Financial income
-€4,402
Financial charges
+€4,877
Taxes
+€542,181
Result 2025
-€117,348
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€207,778
Investment
+€220,224
Financing
-€19,229
Cash 2024
€16,851
From operations (derived)
-€207,778
Net result for the year
-€117,348
Depreciation
+€46,214
Stocks and contracts
+€41,777
Receivables within one year
-€165,103
Deferred charges and accrued income
+€1,759
Trade debts
-€5,078
Tax, wage and social debts
-€10,211
Accrued charges and deferred income
+€213
Investment (derived)
+€220,224
Investment in fixed assets (net)
-€53,081
Current investments
+€273,305
Financing
-€19,229
Debts after one year
-€19,487
Current portion of long-term debt
+€258
Cash 2025
€10,068
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,655,465 | €1,503,812 | -€151,653 | -9.2% |
| Fixed assets | 21/28 | €390,797 | €397,664 | +€6,867 | +1.8% |
| Intangible fixed assets | 21 | €6,375 | €0 | -€6,375 | -100% |
| Tangible fixed assets | 22/27 | €384,422 | €397,664 | +€13,242 | +3.4% |
| Land and buildings | 22 | €283,322 | €264,095 | -€19,227 | -6.8% |
| Plant, machinery and equipment | 23 | €9,030 | €0 | -€9,030 | -100% |
| Furniture and vehicles | 24 | €92,071 | €133,569 | +€41,499 | +45.1% |
| Current assets | 29/58 | €1,264,668 | €1,106,148 | -€158,520 | -12.5% |
| Stocks and contracts in progress | 3 | €41,777 | €0 | -€41,777 | -100% |
| Stocks | 30/36 | €41,777 | €0 | -€41,777 | -100% |
| Amounts receivable within one year | 40/41 | €303,158 | €468,262 | +€165,103 | +54.5% |
| Trade receivables | 40 | €1,513 | €1,067 | -€445 | -29.4% |
| Other amounts receivable | 41 | €301,646 | €467,195 | +€165,549 | +54.9% |
| Current investments | 50/53 | €900,000 | €626,695 | -€273,305 | -30.4% |
| Cash at bank and in hand | 54/58 | €16,851 | €10,068 | -€6,783 | -40.3% |
| Deferred charges and accrued income | 490/1 | €2,882 | €1,123 | -€1,759 | -61.0% |
| Total equity and liabilities | 10/49 | €1,655,465 | €1,503,812 | -€151,653 | -9.2% |
| Equity | 10/15 | €1,370,016 | €1,252,668 | -€117,348 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,351,416 | €1,351,416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,351,416 | €1,351,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€117,348 | -€117,348 | |
| Amounts payable | 17/49 | €285,449 | €251,144 | -€34,305 | -12.0% |
| Amounts payable after more than one year | 17 | €206,080 | €186,594 | -€19,487 | -9.5% |
| Financial debts | 170/4 | €206,080 | €186,594 | -€19,487 | -9.5% |
| Amounts payable within one year | 42/48 | €79,369 | €64,337 | -€15,032 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €20,842 | €21,100 | +€258 | +1.2% |
| Trade debts | 44 | €5,376 | €297 | -€5,078 | -94.5% |
| Suppliers | 440/4 | €5,376 | €297 | -€5,078 | -94.5% |
| Taxes, remuneration and social security | 45 | €53,151 | €42,940 | -€10,211 | -19.2% |
| Taxes | 450/3 | €51,455 | €42,940 | -€8,515 | -16.5% |
| Remuneration and social security | 454/9 | €1,696 | €0 | -€1,696 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €213 | +€213 | |
| Non-recurring operating income | 76A | €1,828,859 | €0 | -€1.8m | -100% |
| Remuneration, social security and pensions | 62 | €69,221 | €3,352 | -€65,870 | -95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,882 | €46,214 | -€1,668 | -3.5% |
| Other operating charges | 640/8 | €3,863 | €3,885 | +€22 | +0.6% |
| Non-recurring operating charges | 66A | €17,368 | €14,709 | -€2,659 | -15.3% |
| Gross operating margin | 9900 | €1,810,019 | -€77,467 | -€1.9m | |
| Operating profit (loss) | 9901 | €1,671,685 | -€145,627 | -€1.8m | |
| Financial income | 75/76B | €41,991 | €37,589 | -€4,402 | -10.5% |
| Recurring financial income | 75 | €41,991 | €37,589 | -€4,402 | -10.5% |
| Financial charges | 65/66B | €13,704 | €8,828 | -€4,877 | -35.6% |
| Recurring financial charges | 65 | €13,704 | €8,828 | -€4,877 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €1,699,972 | -€116,865 | -€1.8m | |
| Income taxes | 67/77 | €542,663 | €483 | -€542,181 | -99.9% |
| Profit (loss) for the period | 9904 | €1,157,309 | -€117,348 | -€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,157,309 | -€117,348 | -€1.3m |
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 26 October 2026 via checked.be.