Boone Apart: 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 Apart
Largest movements
- Cash -€87,650
down €87,650 (-93.0%), from €94,292 to €6,642
mainly Investment in fixed assets (net) (-€70,000) and Net result for the year (-€13,121)
- Financial fixed assets +€70,000
new in 2025: €70,000
- Profit (loss) carried forward -€13,121
down €13,121, from €1,026 to -€12,095
- Tax, wage and social debts -€5,502
down €5,502 (-85.8%), from €6,414 to €912
- Other debts +€1,376
up €1,376 (+6.2%), from €22,190 to €23,566
- Trade debts -€1,210
no longer reported in 2025 (was €1,210)
- Gross operating margin -€225,488
down €225,488, from €221,002 to -€4,486
- Financial charges -€35,316
down €35,316 (-94.7%), from €37,303 to €1,987
- Depreciation -€21,737
down €21,737 (-96.7%), from €22,478 to €741
- Other operating charges -€8,089
down €8,089 (-95.4%), from €8,476 to €387
- Taxes +€5,519
new in 2025: €5,519
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 | €95,840 | €77,383 | -€18,457 | -19.3% |
| Formation expenses | 20 | €1,482 | €741 | -€741 | -50.0% |
| Fixed assets | 21/28 | - | €70,000 | +€70,000 | |
| Financial fixed assets | 28 | - | €70,000 | +€70,000 | |
| Current assets | 29/58 | €94,357 | €6,642 | -€87,716 | -93.0% |
| Amounts receivable within one year | 40/41 | €65 | - | -€65 | |
| Other amounts receivable | 41 | €65 | - | -€65 | |
| Cash at bank and in hand | 54/58 | €94,292 | €6,642 | -€87,650 | -93.0% |
| Total equity and liabilities | 10/49 | €95,840 | €77,383 | -€18,457 | -19.3% |
| Equity | 10/15 | €66,026 | €52,905 | -€13,121 | -19.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €55,000 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,026 | -€12,095 | -€13,121 | |
| Amounts payable | 17/49 | €29,814 | €24,478 | -€5,336 | -17.9% |
| Amounts payable within one year | 42/48 | €29,814 | €24,478 | -€5,336 | -17.9% |
| Trade debts | 44 | €1,210 | - | -€1,210 | |
| Suppliers | 440/4 | €1,210 | - | -€1,210 | |
| Taxes, remuneration and social security | 45 | €6,414 | €912 | -€5,502 | -85.8% |
| Taxes | 450/3 | €6,414 | €912 | -€5,502 | -85.8% |
| Other amounts payable | 47/48 | €22,190 | €23,566 | +€1,376 | +6.2% |
| Non-recurring operating income | 76A | €61,138 | - | -€61,138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,478 | €741 | -€21,737 | -96.7% |
| Other operating charges | 640/8 | €8,476 | €387 | -€8,089 | -95.4% |
| Non-recurring operating charges | 66A | €38,284 | - | -€38,284 | |
| Gross operating margin | 9900 | €221,002 | -€4,486 | -€225,488 | |
| Operating profit (loss) | 9901 | €151,763 | -€5,615 | -€157,377 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €37,303 | €1,987 | -€35,316 | -94.7% |
| Recurring financial charges | 65 | €37,303 | €1,987 | -€35,316 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | €114,460 | -€7,602 | -€122,062 | |
| Income taxes | 67/77 | - | €5,519 | +€5,519 | |
| Profit (loss) for the period | 9904 | €114,460 | -€13,121 | -€127,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €114,460 | -€13,121 | -€127,581 |
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 28 October 2026 via checked.be.