Boone Construct: what changed
Two fiscal 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
Boone Construct
NACE 33.120, Repair and maintenance of machinery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€107,945
2024 · €44,074+€63,871
Equity
€438,560
2024 · €330,615+€107,945
Cash
€3,386
2024 · €23,472-€20,086
Balance sheet total
€7.7m
2024 · €6.6m+€1.0m
Largest movements
Assets
- Stocks and contracts +€1.1m
up €1.1m (+30.0%), from €3.8m to €4.9m
of which Stocks: +€1.2m
- Receivables within one year -€340,292
down €340,292 (-14.7%), from €2.3m to €2.0m
of which Trade receivables: -€350,137
- Tangible fixed assets +€294,714
up €294,714 (+96.3%), from €306,108 to €600,822
of which Leasing and similar rights: +€193,629
Equity and liabilities
- Short-term financial debts +€1.8m
up €1.8m (+149.9%), from €1.2m to €3.0m
- Debts after one year -€1.0m
down €1.0m (-72.3%), from €1.4m to €400,933
of which Financial debts: -€669,892
- Advances received +€420,820
up €420,820 (+52.9%), from €795,105 to €1.2m
- Trade debts -€339,797
down €339,797 (-13.6%), from €2.5m to €2.2m
- Profit (loss) carried forward +€107,945
up €107,945 (+72.5%), from €148,802 to €256,747
Income statement
- Gross operating margin +€163,360
up €163,360 (+14.7%), from €1.1m to €1.3m
- Staff costs +€77,895
up €77,895 (+9.9%), from €783,774 to €861,669
- Financial income +€66,514
up €66,514, from €0 to €66,514
- Depreciation +€65,347
up €65,347 (+60.8%), from €107,514 to €172,861
- Taxes +€30,268
up €30,268 (+241.1%), from €12,553 to €42,821
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
€44,074
Gross operating margin
+€163,360
Staff costs
-€77,895
Depreciation
-€65,347
Other operating charges
+€7,479
Other operating items
+€1,262
Financial income
+€66,514
Financial charges
-€1,234
Taxes
-€30,268
Result 2025
€107,945
Cash bridge derived
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
-€309,625
Investment
-€425,401
Financing
+€714,940
Cash 2024
€23,472
From operations (derived)
-€309,625
Net result for the year
+€107,945
Depreciation
+€172,861
Stocks and contracts
-€1.1m
Receivables within one year
+€340,292
Deferred charges and accrued income
+€5,763
Trade debts
-€339,797
Tax, wage and social debts
+€39,505
Advances received
+€420,820
Other debts
+€80,000
Accrued charges and deferred income
+€2,266
Investment (derived)
-€425,401
Investment in fixed assets (net)
-€425,401
Financing
+€714,940
Debts after one year
-€1.0m
Current portion of long-term debt
-€20,881
Short-term financial debts
+€1.8m
Cash 2025
€3,386
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,647,072 | €7,672,750 | +€1.0m | +15.4% |
| Fixed assets | 21/28 | €470,848 | €723,388 | +€252,540 | +53.6% |
| Intangible fixed assets | 21 | €164,470 | €122,296 | -€42,174 | -25.6% |
| Tangible fixed assets | 22/27 | €306,108 | €600,822 | +€294,714 | +96.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €98,156 | €195,408 | +€97,252 | +99.1% |
| Furniture and vehicles | 24 | €48,669 | €67,933 | +€19,264 | +39.6% |
| Leasing and similar rights | 25 | €75,024 | €268,653 | +€193,629 | +258.1% |
| Other tangible fixed assets | 26 | €84,259 | €68,827 | -€15,432 | -18.3% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €6,176,224 | €6,949,362 | +€773,138 | +12.5% |
| Stocks and contracts in progress | 3 | €3,802,886 | €4,942,165 | +€1.1m | +30.0% |
| Stocks | 30/36 | €2,457,592 | €3,630,186 | +€1.2m | +47.7% |
| Contracts in progress | 37 | €1,345,294 | €1,311,979 | -€33,316 | -2.5% |
| Amounts receivable within one year | 40/41 | €2,318,785 | €1,978,493 | -€340,292 | -14.7% |
| Trade receivables | 40 | €2,270,482 | €1,920,345 | -€350,137 | -15.4% |
| Other amounts receivable | 41 | €48,303 | €58,148 | +€9,845 | +20.4% |
| Cash at bank and in hand | 54/58 | €23,472 | €3,386 | -€20,086 | -85.6% |
| Deferred charges and accrued income | 490/1 | €31,081 | €25,318 | -€5,763 | -18.5% |
| Total equity and liabilities | 10/49 | €6,647,072 | €7,672,750 | +€1.0m | +15.4% |
| Equity | 10/15 | €330,615 | €438,560 | +€107,945 | +32.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €156,813 | €156,813 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €154,313 | €154,313 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,802 | €256,747 | +€107,945 | +72.5% |
| Amounts payable | 17/49 | €6,316,457 | €7,234,190 | +€917,733 | +14.5% |
| Amounts payable after more than one year | 17 | €1,445,056 | €400,933 | -€1.0m | -72.3% |
| Financial debts | 170/4 | €946,493 | €276,600 | -€669,892 | -70.8% |
| Trade debts | 175 | €368,409 | €0 | -€368,409 | -100.0% |
| Other amounts payable | 178/9 | €130,155 | €124,333 | -€5,822 | -4.5% |
| Amounts payable within one year | 42/48 | €4,828,040 | €6,787,631 | +€2.0m | +40.6% |
| Current portion of amounts payable after more than one year | 42 | €222,715 | €201,834 | -€20,881 | -9.4% |
| Financial debts | 43 | €1,187,510 | €2,967,454 | +€1.8m | +149.9% |
| Credit institutions | 430/8 | €1,187,510 | €2,967,454 | +€1.8m | +149.9% |
| Trade debts | 44 | €2,490,112 | €2,150,315 | -€339,797 | -13.6% |
| Suppliers | 440/4 | €2,490,112 | €2,150,315 | -€339,797 | -13.6% |
| Advances received on contracts in progress | 46 | €795,105 | €1,215,925 | +€420,820 | +52.9% |
| Taxes, remuneration and social security | 45 | €117,598 | €157,104 | +€39,505 | +33.6% |
| Taxes | 450/3 | €85,740 | €85,508 | -€233 | -0.3% |
| Remuneration and social security | 454/9 | €31,858 | €71,596 | +€39,738 | +124.7% |
| Other amounts payable | 47/48 | €15,000 | €95,000 | +€80,000 | +533.3% |
| Accrued charges and deferred income | 492/3 | €43,361 | €45,626 | +€2,266 | +5.2% |
| Remuneration, social security and pensions | 62 | €783,774 | €861,669 | +€77,895 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,514 | €172,861 | +€65,347 | +60.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €25,408 | €17,929 | -€7,479 | -29.4% |
| Non-recurring operating charges | 66A | €14,202 | €12,940 | -€1,262 | -8.9% |
| Gross operating margin | 9900 | €1,114,547 | €1,277,907 | +€163,360 | +14.7% |
| Operating profit (loss) | 9901 | €183,648 | €212,507 | +€28,859 | +15.7% |
| Financial income | 75/76B | €0 | €66,514 | +€66,514 | |
| Recurring financial income | 75 | €0 | €66,514 | +€66,514 | |
| Financial charges | 65/66B | €127,021 | €128,255 | +€1,234 | +1.0% |
| Recurring financial charges | 65 | €127,021 | €128,255 | +€1,234 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €56,627 | €150,766 | +€94,139 | +166.2% |
| Income taxes | 67/77 | €12,553 | €42,821 | +€30,268 | +241.1% |
| Profit (loss) for the period | 9904 | €44,074 | €107,945 | +€63,871 | +144.9% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €44,074 | €107,945 | +€63,871 | +144.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.