BOONEN: 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.
BOONEN
Largest movements
- Receivables within one year -€881,797
down €881,797 (-80.9%), from €1.1m to €207,586
of which Other amounts receivable: -€941,797
- Tangible fixed assets -€571,691
down €571,691 (-58.4%), from €978,742 to €407,051
of which Land and buildings: -€574,154
- Receivables after one year +€500,000
new in 2025: €500,000
- Current investments +€309,067
new in 2025: €309,067
- Cash +€46,179
up €46,179 (+22.3%), from €206,645 to €252,823
mainly Receivables within one year (+€881,797) and Investment in fixed assets (net) (+€559,012)
- Reserves -€567,773
down €567,773 (-24.8%), from €2.3m to €1.7m
of which Distributable reserves: -€427,900
- Gross operating margin -€58,985
down €58,985 (-71.6%), from €82,375 to €23,390
- Financial income +€30,780
up €30,780 (+158%), from €19,453 to €50,234
- Taxes -€11,408
down €11,408 (-50.1%), from €22,788 to €11,380
- Depreciation -€10,273
down €10,273 (-44.8%), from €22,952 to €12,679
- Other operating charges -€3,168
down €3,168 (-34.6%), from €9,148 to €5,980
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 | €2,335,511 | €1,761,675 | -€573,835 | -24.6% |
| Fixed assets | 21/28 | €978,772 | €407,081 | -€571,691 | -58.4% |
| Tangible fixed assets | 22/27 | €978,742 | €407,051 | -€571,691 | -58.4% |
| Land and buildings | 22 | €926,645 | €352,490 | -€574,154 | -62.0% |
| Furniture and vehicles | 24 | €2,844 | €4,546 | +€1,702 | +59.8% |
| Other tangible fixed assets | 26 | €49,253 | €50,015 | +€762 | +1.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €1,356,739 | €1,354,594 | -€2,145 | -0.2% |
| Amounts receivable after more than one year | 29 | - | €500,000 | +€500,000 | |
| Other amounts receivable | 291 | - | €500,000 | +€500,000 | |
| Amounts receivable within one year | 40/41 | €1,089,382 | €207,586 | -€881,797 | -80.9% |
| Trade receivables | 40 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 41 | €1,089,382 | €147,586 | -€941,797 | -86.5% |
| Current investments | 50/53 | - | €309,067 | +€309,067 | |
| Cash at bank and in hand | 54/58 | €206,645 | €252,823 | +€46,179 | +22.3% |
| Deferred charges and accrued income | 490/1 | €60,712 | €85,119 | +€24,406 | +40.2% |
| Total equity and liabilities | 10/49 | €2,335,511 | €1,761,675 | -€573,835 | -24.6% |
| Equity | 10/15 | €2,298,185 | €1,729,317 | -€568,868 | -24.8% |
| Contributions | 10/11 | €6,334 | €4,746 | -€1,588 | -25.1% |
| Reserves | 13 | €2,288,504 | €1,720,731 | -€567,773 | -24.8% |
| Tax-exempt reserves | 132 | €317,004 | €177,130 | -€139,874 | -44.1% |
| Distributable reserves | 133 | €1,971,500 | €1,543,600 | -€427,900 | -21.7% |
| Profit (loss) carried forward | 14 | €3,348 | €3,841 | +€493 | +14.7% |
| Amounts payable | 17/49 | €37,326 | €32,358 | -€4,967 | -13.3% |
| Amounts payable within one year | 42/48 | €37,126 | €31,749 | -€5,377 | -14.5% |
| Trade debts | 44 | €1,749 | €4,424 | +€2,675 | +153% |
| Suppliers | 440/4 | €1,749 | €4,424 | +€2,675 | +153% |
| Taxes, remuneration and social security | 45 | €30,709 | €15,468 | -€15,241 | -49.6% |
| Taxes | 450/3 | €23,050 | €7,625 | -€15,425 | -66.9% |
| Remuneration and social security | 454/9 | €7,659 | €7,843 | +€184 | +2.4% |
| Other amounts payable | 47/48 | €4,668 | €11,857 | +€7,189 | +154% |
| Accrued charges and deferred income | 492/3 | €200 | €609 | +€409 | +205% |
| Non-recurring operating income | 76A | €87,960 | - | -€87,960 | |
| Remuneration, social security and pensions | 62 | €48,160 | €48,812 | +€652 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,952 | €12,679 | -€10,273 | -44.8% |
| Other operating charges | 640/8 | €9,148 | €5,980 | -€3,168 | -34.6% |
| Gross operating margin | 9900 | €82,375 | €23,390 | -€58,985 | -71.6% |
| Operating profit (loss) | 9901 | €2,115 | -€44,081 | -€46,196 | |
| Financial income | 75/76B | €19,453 | €50,234 | +€30,780 | +158% |
| Recurring financial income | 75 | €19,453 | €50,234 | +€30,780 | +158% |
| Financial charges | 65/66B | €441 | €887 | +€447 | +101% |
| Recurring financial charges | 65 | €441 | €887 | +€447 | +101% |
| Profit (loss) for the period before taxes | 9903 | €21,127 | €5,266 | -€15,862 | -75.1% |
| Income taxes | 67/77 | €22,788 | €11,380 | -€11,408 | -50.1% |
| Profit (loss) for the period | 9904 | -€1,661 | -€6,115 | -€4,454 | -268% |
| Transfer from tax-exempt reserves | 789 | €157,203 | €80,617 | -€76,586 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €155,542 | €74,503 | -€81,040 | -52.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.