BOONEN VASTGOED: what changed
What changed
BOONEN VASTGOED
NACE 25.110, Manufacture of metal structures and parts of structures
filed annual accounts (NBB)
Net result for the year
€73,349
2024 · €38,451+€34,898
Equity
€655,400
2024 · €582,050+€73,350
Cash
-
2024 · €7,848-€7,848
Balance sheet total
€2.2m
2024 · €2.4m-€190,111
Largest movements
Assets
- Tangible fixed assets -€213,829
down €213,829 (-27.3%), from €783,696 to €569,867
of which Land and buildings: -€208,293
- Receivables within one year +€38,249
up €38,249 (+69.8%), from €54,797 to €93,046
Equity and liabilities
- Debts after one year -€116,783
down €116,783 (-15.5%), from €752,965 to €636,182
- Other debts -€89,736
down €89,736 (-11.0%), from €819,196 to €729,460
- Current portion of long-term debt -€85,464
down €85,464 (-42.3%), from €202,247 to €116,783
- Reserves +€73,350
up €73,350 (+40.4%), from €181,615 to €254,965
of which Distributable reserves: +€73,350
- Tax, wage and social debts +€26,381
up €26,381 (+488%), from €5,411 to €31,792
of which Taxes: +€20,996
Income statement
- Gross operating margin +€100,343
up €100,343 (+72.7%), from €138,090 to €238,433
- Financial charges +€66,763
up €66,763 (+775%), from €8,616 to €75,379
- Depreciation -€12,133
down €12,133 (-23.2%), from €52,227 to €40,094
- Taxes +€9,766
up €9,766 (+54.7%), from €17,853 to €27,619
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€38,451
Gross operating margin
+€100,343
Depreciation
+€12,133
Other operating charges
-€1,048
Financial income
-€1
Financial charges
-€66,763
Taxes
-€9,766
Result 2025
€73,349
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€18,318
Investment
+€173,735
Financing
-€199,901
Cash 2024
€7,848
From operations (derived)
+€18,318
Net result for the year
+€73,349
Depreciation
+€40,094
Receivables within one year
-€38,249
Deferred charges and accrued income
+€6,683
Trade debts
-€204
Tax, wage and social debts
+€26,381
Other debts
-€89,736
Investment (derived)
+€173,735
Investment in fixed assets (net)
+€173,735
Financing
-€199,901
Debts after one year
-€116,783
Current portion of long-term debt
-€85,464
Short-term financial debts
+€2,345
Contributions, distributions and other
+€1
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,381,958 | €2,191,847 | -€190,111 | -8.0% |
| Fixed assets | 21/28 | €2,283,696 | €2,069,867 | -€213,829 | -9.4% |
| Tangible fixed assets | 22/27 | €783,696 | €569,867 | -€213,829 | -27.3% |
| Land and buildings | 22 | €759,025 | €550,732 | -€208,293 | -27.4% |
| Plant, machinery and equipment | 23 | €24,671 | €19,135 | -€5,536 | -22.4% |
| Financial fixed assets | 28 | €1,500,000 | €1,500,000 | = | 0.0% |
| Current assets | 29/58 | €98,262 | €121,980 | +€23,718 | +24.1% |
| Amounts receivable within one year | 40/41 | €54,797 | €93,046 | +€38,249 | +69.8% |
| Other amounts receivable | 41 | €54,797 | €93,046 | +€38,249 | +69.8% |
| Cash at bank and in hand | 54/58 | €7,848 | - | -€7,848 | |
| Deferred charges and accrued income | 490/1 | €35,617 | €28,934 | -€6,683 | -18.8% |
| Total equity and liabilities | 10/49 | €2,381,958 | €2,191,847 | -€190,111 | -8.0% |
| Equity | 10/15 | €582,050 | €655,400 | +€73,350 | +12.6% |
| Contributions | 10/11 | €313,500 | €313,500 | = | 0.0% |
| Capital | 10 | €313,500 | €313,500 | = | 0.0% |
| Issued capital | 100 | €313,500 | €313,500 | = | 0.0% |
| Reserves | 13 | €181,615 | €254,965 | +€73,350 | +40.4% |
| Non-distributable reserves | 130/1 | €30,683 | €30,683 | = | 0.0% |
| Legal reserve | 130 | €30,683 | €30,683 | = | 0.0% |
| Distributable reserves | 133 | €150,932 | €224,282 | +€73,350 | +48.6% |
| Profit (loss) carried forward | 14 | €86,935 | €86,935 | = | 0.0% |
| Amounts payable | 17/49 | €1,799,908 | €1,536,447 | -€263,461 | -14.6% |
| Amounts payable after more than one year | 17 | €752,965 | €636,182 | -€116,783 | -15.5% |
| Financial debts | 170/4 | €752,965 | €636,182 | -€116,783 | -15.5% |
| Amounts payable within one year | 42/48 | €1,046,881 | €900,203 | -€146,678 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €202,247 | €116,783 | -€85,464 | -42.3% |
| Financial debts | 43 | €3,333 | €5,678 | +€2,345 | +70.4% |
| Credit institutions | 430/8 | €3,333 | €5,678 | +€2,345 | +70.4% |
| Trade debts | 44 | €16,694 | €16,490 | -€204 | -1.2% |
| Suppliers | 440/4 | €16,694 | €16,490 | -€204 | -1.2% |
| Taxes, remuneration and social security | 45 | €5,411 | €31,792 | +€26,381 | +488% |
| Taxes | 450/3 | €5,411 | €26,407 | +€20,996 | +388% |
| Remuneration and social security | 454/9 | - | €5,385 | +€5,385 | |
| Other amounts payable | 47/48 | €819,196 | €729,460 | -€89,736 | -11.0% |
| Accrued charges and deferred income | 492/3 | €62 | €62 | = | 0.0% |
| Non-recurring operating income | 76A | - | €11,582 | +€11,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,227 | €40,094 | -€12,133 | -23.2% |
| Other operating charges | 640/8 | €20,944 | €21,992 | +€1,048 | +5.0% |
| Gross operating margin | 9900 | €138,090 | €238,433 | +€100,343 | +72.7% |
| Operating profit (loss) | 9901 | €64,919 | €176,347 | +€111,428 | +172% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €8,616 | €75,379 | +€66,763 | +775% |
| Recurring financial charges | 65 | €8,616 | €75,379 | +€66,763 | +775% |
| Profit (loss) for the period before taxes | 9903 | €56,304 | €100,968 | +€44,664 | +79.3% |
| Income taxes | 67/77 | €17,853 | €27,619 | +€9,766 | +54.7% |
| Profit (loss) for the period | 9904 | €38,451 | €73,349 | +€34,898 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,451 | €73,349 | +€34,898 | +90.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.