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BOOSTERS: what changed

Two fiscal 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.

What changed

BOOSTERS

BE 0474.846.969
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,899
2024 · -€15,139+€17,038
Equity
€85,131
2024 · €83,232+€1,899
Cash
€2,433
2024 · €2,203+€229
Balance sheet total
€913,366
2024 · €617,586+€295,781

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€295,551

    up €295,551 (+48.0%), from €615,382 to €910,934

    of which Land and buildings: +€296,525

Equity and liabilities
  • Debts after one year +€262,301

    up €262,301 (+60.3%), from €434,750 to €697,051

  • Current portion of long-term debt +€29,000

    up €29,000 (+244.7%), from €11,850 to €40,850

Income statement
  • Gross operating margin +€15,701

    up €15,701 (+98.0%), from €16,023 to €31,725

  • Financial charges -€5,929

    down €5,929 (-48.0%), from €12,355 to €6,426

  • Depreciation +€3,907

    up €3,907 (+24.2%), from €16,163 to €20,070

  • Financial income -€586

    down €586 (-100.0%), from €587 to €0

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€15,139
Gross operating margin +€15,701
Depreciation -€3,907
Other operating charges -€98
Financial income -€586
Financial charges +€5,929
Result 2025 €1,899

Cash bridge derived

cash 2024 to 2025

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.

From operations +€24,549
Investment -€315,621
Financing +€291,301
Cash 2024 €2,203
Net result for the year +€1,899
Depreciation +€20,070
Trade debts +€7,765
Other debts -€5,185
Investment in fixed assets (net) -€315,621
Debts after one year +€262,301
Current portion of long-term debt +€29,000
Cash 2025 €2,433
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €617,586 €913,366 +€295,781 +47.9%
Fixed assets 21/28 €615,382 €910,934 +€295,551 +48.0%
Tangible fixed assets 22/27 €615,382 €910,934 +€295,551 +48.0%
Land and buildings 22 €612,898 €909,422 +€296,525 +48.4%
Plant, machinery and equipment 23 €2,485 €1,511 -€973 -39.2%
Current assets 29/58 €2,203 €2,433 +€229 +10.4%
Cash at bank and in hand 54/58 €2,203 €2,433 +€229 +10.4%
Total equity and liabilities 10/49 €617,586 €913,366 +€295,781 +47.9%
Equity 10/15 €83,232 €85,131 +€1,899 +2.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Revaluation surpluses 12 €117,605 €117,605 = 0.0%
Profit (loss) carried forward 14 -€52,973 -€51,074 +€1,899 +3.6%
Amounts payable 17/49 €534,354 €828,235 +€293,881 +55.0%
Amounts payable after more than one year 17 €434,750 €697,051 +€262,301 +60.3%
Financial debts 170/4 €434,750 €697,051 +€262,301 +60.3%
Amounts payable within one year 42/48 €99,604 €131,184 +€31,580 +31.7%
Current portion of amounts payable after more than one year 42 €11,850 €40,850 +€29,000 +244.7%
Trade debts 44 €7,278 €15,043 +€7,765 +106.7%
Suppliers 440/4 €7,278 €15,043 +€7,765 +106.7%
Other amounts payable 47/48 €80,475 €75,291 -€5,185 -6.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,163 €20,070 +€3,907 +24.2%
Other operating charges 640/8 €3,232 €3,330 +€98 +3.0%
Gross operating margin 9900 €16,023 €31,725 +€15,701 +98.0%
Operating profit (loss) 9901 -€3,371 €8,325 +€11,696
Financial income 75/76B €587 €0 -€586 -100.0%
Recurring financial income 75 €587 €0 -€586 -100.0%
Financial charges 65/66B €12,355 €6,426 -€5,929 -48.0%
Recurring financial charges 65 €12,355 €6,426 -€5,929 -48.0%
Profit (loss) for the period before taxes 9903 -€15,139 €1,899 +€17,038
Profit (loss) for the period 9904 -€15,139 €1,899 +€17,038
Profit (loss) for the period to be appropriated 9905 -€15,139 €1,899 +€17,038

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.