BOONE HENDRIK: 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 HENDRIK
Largest movements
- Tangible fixed assets +€20,137
up €20,137 (+176%), from €11,472 to €31,609
of which Furniture and vehicles: +€21,112
- Cash -€17,254
down €17,254 (-71.4%), from €24,155 to €6,901
mainly Investment in fixed assets (net) (-€29,121) and Contributions, distributions and other (-€26,275)
- Receivables within one year -€8,088
down €8,088 (-49.5%), from €16,356 to €8,267
of which Trade receivables: -€4,790
- Reserves -€18,458
down €18,458 (-42.8%), from €43,115 to €24,656
- Debts after one year +€15,521
new in 2025: €15,521
- Tax, wage and social debts -€3,696
down €3,696 (-66.3%), from €5,574 to €1,878
- Current portion of long-term debt +€1,449
up €1,449 (+51.3%), from €2,826 to €4,274
- Gross operating margin -€6,087
down €6,087 (-23.0%), from €26,473 to €20,386
- Taxes -€2,224
down €2,224 (-53.7%), from €4,139 to €1,914
- Depreciation -€1,750
down €1,750 (-16.3%), from €10,735 to €8,985
- Financial charges +€328
up €328 (+161%), from €204 to €532
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 | €54,737 | €49,308 | -€5,428 | -9.9% |
| Fixed assets | 21/28 | €11,472 | €31,609 | +€20,137 | +176% |
| Tangible fixed assets | 22/27 | €11,472 | €31,609 | +€20,137 | +176% |
| Plant, machinery and equipment | 23 | €1,711 | €1,215 | -€496 | -29.0% |
| Furniture and vehicles | 24 | €7,963 | €29,075 | +€21,112 | +265% |
| Other tangible fixed assets | 26 | €1,799 | €1,318 | -€480 | -26.7% |
| Current assets | 29/58 | €43,264 | €17,699 | -€25,565 | -59.1% |
| Stocks and contracts in progress | 3 | €1,590 | €1,725 | +€135 | +8.5% |
| Stocks | 30/36 | €1,590 | €1,725 | +€135 | +8.5% |
| Amounts receivable within one year | 40/41 | €16,356 | €8,267 | -€8,088 | -49.5% |
| Trade receivables | 40 | €5,896 | €1,106 | -€4,790 | -81.2% |
| Other amounts receivable | 41 | €10,460 | €7,162 | -€3,298 | -31.5% |
| Cash at bank and in hand | 54/58 | €24,155 | €6,901 | -€17,254 | -71.4% |
| Deferred charges and accrued income | 490/1 | €1,164 | €806 | -€358 | -30.8% |
| Total equity and liabilities | 10/49 | €54,737 | €49,308 | -€5,428 | -9.9% |
| Equity | 10/15 | €45,115 | €26,656 | -€18,458 | -40.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €43,115 | €24,656 | -€18,458 | -42.8% |
| Distributable reserves | 133 | €43,115 | €24,656 | -€18,458 | -42.8% |
| Amounts payable | 17/49 | €9,622 | €22,652 | +€13,030 | +135% |
| Amounts payable after more than one year | 17 | - | €15,521 | +€15,521 | |
| Financial debts | 170/4 | - | €15,521 | +€15,521 | |
| Amounts payable within one year | 42/48 | €9,622 | €7,131 | -€2,491 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €2,826 | €4,274 | +€1,449 | +51.3% |
| Trade debts | 44 | €1,222 | €979 | -€243 | -19.9% |
| Suppliers | 440/4 | €1,222 | €979 | -€243 | -19.9% |
| Taxes, remuneration and social security | 45 | €5,574 | €1,878 | -€3,696 | -66.3% |
| Taxes | 450/3 | €5,574 | €1,878 | -€3,696 | -66.3% |
| Non-recurring operating income | 76A | - | €7,340 | +€7,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,735 | €8,985 | -€1,750 | -16.3% |
| Other operating charges | 640/8 | €992 | €1,183 | +€191 | +19.2% |
| Gross operating margin | 9900 | €26,473 | €20,386 | -€6,087 | -23.0% |
| Operating profit (loss) | 9901 | €14,746 | €10,219 | -€4,528 | -30.7% |
| Financial income | 75/76B | €98 | €44 | -€54 | -55.1% |
| Recurring financial income | 75 | €98 | €44 | -€54 | -55.1% |
| Financial charges | 65/66B | €204 | €532 | +€328 | +161% |
| Recurring financial charges | 65 | €204 | €532 | +€328 | +161% |
| Profit (loss) for the period before taxes | 9903 | €14,641 | €9,731 | -€4,910 | -33.5% |
| Income taxes | 67/77 | €4,139 | €1,914 | -€2,224 | -53.7% |
| Profit (loss) for the period | 9904 | €10,502 | €7,817 | -€2,685 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,502 | €7,817 | -€2,685 | -25.6% |
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 27 October 2026 via checked.be.