BOOST DEVELOPMENT: 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 DEVELOPMENT
Largest movements
- Stocks and contracts -€988,215
down €988,215 (-12.8%), from €7.7m to €6.7m
- Receivables within one year -€100,756
down €100,756 (-92.3%), from €109,172 to €8,416
- Short-term financial debts -€1.1m
down €1.1m (-28.4%), from €4.0m to €2.9m
- Other debts +€379,528
up €379,528 (+8.8%), from €4.3m to €4.7m
- Profit (loss) carried forward -€312,619
down €312,619 (-62.9%), from -€496,637 to -€809,256
- Turnover +€1.3m
new in 2024: €1.3m
- Purchases and services -€519,633
down €519,633 (-51.7%), from €1.0m to €484,902
- Gross operating margin -€140,096
down €140,096 (-349%), from -€40,162 to -€180,258
- Financial charges -€64,210
down €64,210 (-32.7%), from €196,367 to €132,157
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,966,503 | €6,876,974 | -€1.1m | -13.7% |
| Fixed assets | 21/28 | €119,961 | €119,606 | -€354 | -0.3% |
| Tangible fixed assets | 22/27 | €119,961 | €119,606 | -€354 | -0.3% |
| Land and buildings | 22 | €119,532 | €119,532 | = | 0.0% |
| Plant, machinery and equipment | 23 | €429 | €75 | -€354 | -82.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €7,846,542 | €6,757,368 | -€1.1m | -13.9% |
| Stocks and contracts in progress | 3 | €7,737,168 | €6,748,952 | -€988,215 | -12.8% |
| Stocks | 30/36 | €7,737,168 | €6,748,952 | -€988,215 | -12.8% |
| Amounts receivable within one year | 40/41 | €109,172 | €8,416 | -€100,756 | -92.3% |
| Other amounts receivable | 41 | €109,172 | €8,416 | -€100,756 | -92.3% |
| Cash at bank and in hand | 54/58 | €203 | - | -€203 | |
| Total equity and liabilities | 10/49 | €7,966,503 | €6,876,974 | -€1.1m | -13.7% |
| Equity | 10/15 | -€396,637 | -€709,256 | -€312,619 | -78.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€496,637 | -€809,256 | -€312,619 | -62.9% |
| Amounts payable | 17/49 | €8,363,140 | €7,586,230 | -€776,910 | -9.3% |
| Amounts payable within one year | 42/48 | €8,363,140 | €7,586,230 | -€776,910 | -9.3% |
| Financial debts | 43 | €4,030,960 | €2,888,050 | -€1.1m | -28.4% |
| Credit institutions | 430/8 | €4,030,960 | €2,888,050 | -€1.1m | -28.4% |
| Trade debts | 44 | €34,180 | €14,495 | -€19,685 | -57.6% |
| Suppliers | 440/4 | €34,180 | €14,495 | -€19,685 | -57.6% |
| Advances received on contracts in progress | 46 | - | €6,158 | +€6,158 | |
| Other amounts payable | 47/48 | €4,298,000 | €4,677,528 | +€379,528 | +8.8% |
| Turnover | 70 | - | €1,289,357 | +€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,004,535 | €484,902 | -€519,633 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €802 | €354 | -€448 | -55.9% |
| Gross operating margin | 9900 | -€40,162 | -€180,258 | -€140,096 | -349% |
| Operating profit (loss) | 9901 | -€40,964 | -€180,612 | -€139,648 | -341% |
| Financial income | 75/76B | €0 | €150 | +€150 | +751,900% |
| Recurring financial income | 75 | €0 | €150 | +€150 | +751,900% |
| Financial charges | 65/66B | €196,367 | €132,157 | -€64,210 | -32.7% |
| Recurring financial charges | 65 | €196,367 | €132,157 | -€64,210 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€237,331 | -€312,619 | -€75,287 | -31.7% |
| Profit (loss) for the period | 9904 | -€237,331 | -€312,619 | -€75,287 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€237,331 | -€312,619 | -€75,287 | -31.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.