BOOSTWAYS: 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.
BOOSTWAYS
Largest movements
- Receivables within one year +€109,763
up €109,763 (+137.0%), from €80,104 to €189,867
of which Trade receivables: +€110,655
- Intangible fixed assets -€29,568
down €29,568 (-28.6%), from €103,285 to €73,717
- Deferred charges and accrued income +€28,716
up €28,716 (+95.2%), from €30,163 to €58,879
- Tangible fixed assets -€23,941
down €23,941 (-15.3%), from €156,509 to €132,568
of which Other tangible fixed assets: -€13,561
- Cash +€9,467
up €9,467 (+9.8%), from €96,843 to €106,310
mainly Net result for the year (+€147,698) and Depreciation (+€58,678)
- Reserves +€81,698
up €81,698 (+52.5%), from €155,469 to €237,167
- Trade debts -€34,933
down €34,933 (-75.4%), from €46,347 to €11,414
- Tax, wage and social debts +€28,351
up €28,351 (+57.7%), from €49,117 to €77,467
of which Remuneration and social security: +€14,274
- Other debts +€28,015
up €28,015 (+989.9%), from €2,830 to €30,845
- Debts after one year -€14,472
down €14,472 (-13.4%), from €107,872 to €93,400
- Gross operating margin +€167,718
up €167,718 (+49.6%), from €337,947 to €505,665
- Staff costs +€33,193
up €33,193 (+13.4%), from €248,612 to €281,805
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.
Cash bridge derived
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 | €474,784 | €569,221 | +€94,437 | +19.9% |
| Fixed assets | 21/28 | €263,244 | €209,735 | -€53,509 | -20.3% |
| Intangible fixed assets | 21 | €103,285 | €73,717 | -€29,568 | -28.6% |
| Tangible fixed assets | 22/27 | €156,509 | €132,568 | -€23,941 | -15.3% |
| Land and buildings | 22 | €9,146 | €7,910 | -€1,236 | -13.5% |
| Plant, machinery and equipment | 23 | €15,171 | €11,151 | -€4,020 | -26.5% |
| Furniture and vehicles | 24 | €23,769 | €18,646 | -€5,123 | -21.6% |
| Other tangible fixed assets | 26 | €108,423 | €94,861 | -€13,561 | -12.5% |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €211,540 | €359,486 | +€147,946 | +69.9% |
| Amounts receivable within one year | 40/41 | €80,104 | €189,867 | +€109,763 | +137.0% |
| Trade receivables | 40 | €79,039 | €189,694 | +€110,655 | +140.0% |
| Other amounts receivable | 41 | €1,065 | €174 | -€892 | -83.7% |
| Current investments | 50/53 | €4,430 | €4,430 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,843 | €106,310 | +€9,467 | +9.8% |
| Deferred charges and accrued income | 490/1 | €30,163 | €58,879 | +€28,716 | +95.2% |
| Total equity and liabilities | 10/49 | €474,784 | €569,221 | +€94,437 | +19.9% |
| Equity | 10/15 | €157,119 | €238,817 | +€81,698 | +52.0% |
| Contributions | 10/11 | €1,650 | €1,650 | = | 0.0% |
| Reserves | 13 | €155,469 | €237,167 | +€81,698 | +52.5% |
| Distributable reserves | 133 | €155,469 | €237,167 | +€81,698 | +52.5% |
| Amounts payable | 17/49 | €317,664 | €330,404 | +€12,739 | +4.0% |
| Amounts payable after more than one year | 17 | €107,872 | €93,400 | -€14,472 | -13.4% |
| Financial debts | 170/4 | €107,872 | €93,400 | -€14,472 | -13.4% |
| Amounts payable within one year | 42/48 | €209,073 | €237,004 | +€27,931 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €110,780 | €116,551 | +€5,771 | +5.2% |
| Trade debts | 44 | €46,347 | €11,414 | -€34,933 | -75.4% |
| Suppliers | 440/4 | €46,347 | €11,414 | -€34,933 | -75.4% |
| Advances received on contracts in progress | 46 | - | €728 | +€728 | |
| Taxes, remuneration and social security | 45 | €49,117 | €77,467 | +€28,351 | +57.7% |
| Taxes | 450/3 | €26,282 | €40,358 | +€14,076 | +53.6% |
| Remuneration and social security | 454/9 | €22,835 | €37,109 | +€14,274 | +62.5% |
| Other amounts payable | 47/48 | €2,830 | €30,845 | +€28,015 | +989.9% |
| Accrued charges and deferred income | 492/3 | €719 | - | -€719 | |
| Remuneration, social security and pensions | 62 | €248,612 | €281,805 | +€33,193 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,907 | €58,678 | +€2,772 | +5.0% |
| Other operating charges | 640/8 | €4,169 | €3,350 | -€819 | -19.7% |
| Gross operating margin | 9900 | €337,947 | €505,665 | +€167,718 | +49.6% |
| Operating profit (loss) | 9901 | €29,259 | €161,831 | +€132,573 | +453.1% |
| Financial income | 75/76B | €198 | €702 | +€503 | +253.6% |
| Recurring financial income | 75 | €198 | €702 | +€503 | +253.6% |
| Financial charges | 65/66B | €15,948 | €14,509 | -€1,440 | -9.0% |
| Recurring financial charges | 65 | €15,948 | €14,509 | -€1,440 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €13,509 | €148,024 | +€134,516 | +995.8% |
| Income taxes | 67/77 | €4,007 | €326 | -€3,680 | -91.9% |
| Profit (loss) for the period | 9904 | €9,502 | €147,698 | +€138,196 | +1454.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,502 | €147,698 | +€138,196 | +1454.4% |
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 6 October 2026 via checked.be.