BOOST: 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.
BOOST
Largest movements
- Receivables within one year +€20,113
up €20,113 (+85.3%), from €23,579 to €43,693
of which Other amounts receivable: +€14,812
- Tangible fixed assets +€20,084
up €20,084 (+22.5%), from €89,326 to €109,410
of which Other tangible fixed assets: +€21,078
- Cash -€19,051
down €19,051 (-62.0%), from €30,714 to €11,663
mainly Trade debts (-€49,817) and Investment in fixed assets (net) (-€27,557)
- Trade debts -€49,817
down €49,817 (-91.1%), from €54,664 to €4,847
- Debts after one year +€38,253
new in 2025: €38,253
- Tax, wage and social debts +€9,981
up €9,981 (+150%), from €6,667 to €16,648
- Current portion of long-term debt +€8,467
new in 2025: €8,467
- Reserves +€6,313
up €6,313 (+7.1%), from €89,107 to €95,420
- Gross operating margin +€33,073
up €33,073 (+242%), from €13,639 to €46,712
- Taxes +€7,789
up €7,789 (+204%), from €3,812 to €11,602
- Depreciation +€4,447
up €4,447 (+147%), from €3,026 to €7,473
- Financial charges +€3,381
up €3,381 (+281%), from €1,203 to €4,585
- Other operating charges -€1,151
down €1,151 (-54.4%), from €2,115 to €964
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 | €151,677 | €171,429 | +€19,752 | +13.0% |
| Fixed assets | 21/28 | €89,326 | €109,410 | +€20,084 | +22.5% |
| Tangible fixed assets | 22/27 | €89,326 | €109,410 | +€20,084 | +22.5% |
| Land and buildings | 22 | €247 | €123 | -€123 | -50.0% |
| Plant, machinery and equipment | 23 | €1,606 | €3,424 | +€1,819 | +113% |
| Furniture and vehicles | 24 | €31,916 | €29,227 | -€2,689 | -8.4% |
| Other tangible fixed assets | 26 | €55,558 | €76,636 | +€21,078 | +37.9% |
| Current assets | 29/58 | €62,351 | €62,019 | -€332 | -0.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,579 | €43,693 | +€20,113 | +85.3% |
| Trade receivables | 40 | €10,731 | €16,033 | +€5,301 | +49.4% |
| Other amounts receivable | 41 | €12,848 | €27,660 | +€14,812 | +115% |
| Cash at bank and in hand | 54/58 | €30,714 | €11,663 | -€19,051 | -62.0% |
| Deferred charges and accrued income | 490/1 | €8,058 | €6,663 | -€1,395 | -17.3% |
| Total equity and liabilities | 10/49 | €151,677 | €171,429 | +€19,752 | +13.0% |
| Equity | 10/15 | €89,964 | €101,620 | +€11,656 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,107 | €95,420 | +€6,313 | +7.1% |
| Distributable reserves | 133 | €89,107 | €95,420 | +€6,313 | +7.1% |
| Profit (loss) carried forward | 14 | -€5,343 | €0 | +€5,343 | |
| Amounts payable | 17/49 | €61,714 | €69,809 | +€8,095 | +13.1% |
| Amounts payable after more than one year | 17 | - | €38,253 | +€38,253 | |
| Financial debts | 170/4 | - | €38,253 | +€38,253 | |
| Amounts payable within one year | 42/48 | €61,714 | €31,556 | -€30,157 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,467 | +€8,467 | |
| Financial debts | 43 | €383 | €1,595 | +€1,212 | +317% |
| Credit institutions | 430/8 | €383 | €1,595 | +€1,212 | +317% |
| Trade debts | 44 | €54,664 | €4,847 | -€49,817 | -91.1% |
| Suppliers | 440/4 | €54,664 | €4,847 | -€49,817 | -91.1% |
| Taxes, remuneration and social security | 45 | €6,667 | €16,648 | +€9,981 | +150% |
| Taxes | 450/3 | €6,667 | €16,648 | +€9,981 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,026 | €7,473 | +€4,447 | +147% |
| Other operating charges | 640/8 | €2,115 | €964 | -€1,151 | -54.4% |
| Gross operating margin | 9900 | €13,639 | €46,712 | +€33,073 | +242% |
| Operating profit (loss) | 9901 | €8,498 | €38,275 | +€29,777 | +350% |
| Financial income | 75/76B | €122 | €1,117 | +€995 | +816% |
| Recurring financial income | 75 | €122 | €1,117 | +€995 | +816% |
| Financial charges | 65/66B | €1,203 | €4,585 | +€3,381 | +281% |
| Recurring financial charges | 65 | €1,203 | €4,585 | +€3,381 | +281% |
| Profit (loss) for the period before taxes | 9903 | €7,417 | €34,808 | +€27,390 | +369% |
| Income taxes | 67/77 | €3,812 | €11,602 | +€7,789 | +204% |
| Profit (loss) for the period | 9904 | €3,605 | €23,206 | +€19,601 | +544% |
| Profit (loss) for the period to be appropriated | 9905 | €3,605 | €23,206 | +€19,601 | +544% |
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 18 October 2026 via checked.be.