BOONE: 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.
BOONE
Largest movements
- Cash +€17,945
up €17,945 (+26.9%), from €66,647 to €84,592
mainly Depreciation (+€43,042) and Net result for the year (+€21,369)
- Receivables within one year -€15,362
down €15,362 (-38.6%), from €39,804 to €24,441
of which Trade receivables: -€12,127
- Tangible fixed assets +€9,631
up €9,631 (+2.1%), from €453,728 to €463,359
of which Furniture and vehicles: +€37,481
- Reserves +€21,369
up €21,369 (+25.9%), from €82,392 to €103,760
- Tax, wage and social debts -€12,357
down €12,357 (-91.6%), from €13,494 to €1,137
of which Taxes: -€7,879
- Gross operating margin +€16,434
up €16,434 (+23.6%), from €69,596 to €86,030
- Depreciation +€7,550
up €7,550 (+21.3%), from €35,492 to €43,042
- Financial charges +€1,621
up €1,621 (+14.6%), from €11,083 to €12,704
- Taxes +€1,263
up €1,263 (+35.8%), from €3,531 to €4,794
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 | €579,164 | €591,893 | +€12,729 | +2.2% |
| Fixed assets | 21/28 | €453,728 | €463,359 | +€9,630 | +2.1% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -43.5% |
| Tangible fixed assets | 22/27 | €453,728 | €463,359 | +€9,631 | +2.1% |
| Land and buildings | 22 | €362,190 | €348,190 | -€14,000 | -3.9% |
| Plant, machinery and equipment | 23 | €45,764 | €33,506 | -€12,258 | -26.8% |
| Furniture and vehicles | 24 | €44,181 | €81,662 | +€37,481 | +84.8% |
| Leasing and similar rights | 25 | €1,593 | €0 | -€1,593 | -100% |
| Current assets | 29/58 | €125,435 | €128,534 | +€3,099 | +2.5% |
| Stocks and contracts in progress | 3 | €18,773 | €17,773 | -€1,001 | -5.3% |
| Stocks | 30/36 | €18,773 | €17,773 | -€1,001 | -5.3% |
| Amounts receivable within one year | 40/41 | €39,804 | €24,441 | -€15,362 | -38.6% |
| Trade receivables | 40 | €25,334 | €13,207 | -€12,127 | -47.9% |
| Other amounts receivable | 41 | €14,470 | €11,235 | -€3,235 | -22.4% |
| Cash at bank and in hand | 54/58 | €66,647 | €84,592 | +€17,945 | +26.9% |
| Deferred charges and accrued income | 490/1 | €212 | €1,728 | +€1,517 | +717% |
| Total equity and liabilities | 10/49 | €579,164 | €591,893 | +€12,729 | +2.2% |
| Equity | 10/15 | €84,892 | €106,260 | +€21,369 | +25.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €82,392 | €103,760 | +€21,369 | +25.9% |
| Distributable reserves | 133 | €82,392 | €103,760 | +€21,369 | +25.9% |
| Amounts payable | 17/49 | €494,272 | €485,632 | -€8,639 | -1.7% |
| Amounts payable after more than one year | 17 | €396,172 | €395,560 | -€612 | -0.2% |
| Financial debts | 170/4 | €396,172 | €395,560 | -€612 | -0.2% |
| Amounts payable within one year | 42/48 | €98,087 | €89,891 | -€8,197 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €37,166 | €41,482 | +€4,317 | +11.6% |
| Trade debts | 44 | €12,448 | €10,453 | -€1,995 | -16.0% |
| Suppliers | 440/4 | €12,448 | €10,453 | -€1,995 | -16.0% |
| Taxes, remuneration and social security | 45 | €13,494 | €1,137 | -€12,357 | -91.6% |
| Taxes | 450/3 | €9,016 | €1,137 | -€7,879 | -87.4% |
| Remuneration and social security | 454/9 | €4,478 | €0 | -€4,478 | -100% |
| Other amounts payable | 47/48 | €34,980 | €36,819 | +€1,839 | +5.3% |
| Accrued charges and deferred income | 492/3 | €13 | €182 | +€169 | +1,313% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,492 | €43,042 | +€7,550 | +21.3% |
| Other operating charges | 640/8 | €4,288 | €4,301 | +€13 | +0.3% |
| Gross operating margin | 9900 | €69,596 | €86,030 | +€16,434 | +23.6% |
| Operating profit (loss) | 9901 | €29,816 | €38,688 | +€8,872 | +29.8% |
| Financial income | 75/76B | €390 | €178 | -€212 | -54.3% |
| Recurring financial income | 75 | €390 | €178 | -€212 | -54.3% |
| Financial charges | 65/66B | €11,083 | €12,704 | +€1,621 | +14.6% |
| Recurring financial charges | 65 | €11,083 | €12,704 | +€1,621 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €19,124 | €26,163 | +€7,039 | +36.8% |
| Income taxes | 67/77 | €3,531 | €4,794 | +€1,263 | +35.8% |
| Profit (loss) for the period | 9904 | €15,593 | €21,369 | +€5,776 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,593 | €21,369 | +€5,776 | +37.0% |
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 23 October 2026 via checked.be.