BOOTS: 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.
BOOTS
Largest movements
- Tangible fixed assets -€31,644
down €31,644 (-5.3%), from €592,446 to €560,802
of which Land and buildings: -€19,105
- Receivables within one year +€23,585
up €23,585 (+5.7%), from €416,393 to €439,979
of which Other amounts receivable: +€23,585
- Cash -€14,102
down €14,102 (-11.0%), from €128,738 to €114,636
mainly Receivables within one year (-€23,585) and Trade debts (-€13,892)
- Trade debts -€13,892
down €13,892 (-92.9%), from €14,956 to €1,064
- Gross operating margin -€5,968
down €5,968 (-9.8%), from €60,808 to €54,841
- Depreciation -€3,786
down €3,786 (-7.8%), from €48,492 to €44,706
- Financial charges -€2,462
down €2,462 (-40.1%), from €6,139 to €3,677
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 | €1,180,389 | €1,158,485 | -€21,903 | -1.9% |
| Fixed assets | 21/28 | €592,446 | €560,802 | -€31,644 | -5.3% |
| Tangible fixed assets | 22/27 | €592,446 | €560,802 | -€31,644 | -5.3% |
| Land and buildings | 22 | €533,504 | €514,399 | -€19,105 | -3.6% |
| Plant, machinery and equipment | 23 | €381 | €113 | -€268 | -70.4% |
| Furniture and vehicles | 24 | €44,679 | €32,409 | -€12,270 | -27.5% |
| Other tangible fixed assets | 26 | €13,882 | €13,882 | = | 0.0% |
| Current assets | 29/58 | €587,943 | €597,683 | +€9,740 | +1.7% |
| Amounts receivable within one year | 40/41 | €416,393 | €439,979 | +€23,585 | +5.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €416,393 | €439,979 | +€23,585 | +5.7% |
| Current investments | 50/53 | €41,562 | €41,736 | +€174 | +0.4% |
| Cash at bank and in hand | 54/58 | €128,738 | €114,636 | -€14,102 | -11.0% |
| Deferred charges and accrued income | 490/1 | €1,250 | €1,332 | +€82 | +6.6% |
| Total equity and liabilities | 10/49 | €1,180,389 | €1,158,485 | -€21,903 | -1.9% |
| Equity | 10/15 | €805,212 | €807,786 | +€2,573 | +0.3% |
| Contributions | 10/11 | €253,686 | €253,686 | = | 0.0% |
| Reserves | 13 | €369,698 | €369,698 | = | 0.0% |
| Distributable reserves | 133 | €369,698 | €369,698 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,828 | €184,401 | +€2,573 | +1.4% |
| Amounts payable | 17/49 | €375,177 | €350,700 | -€24,477 | -6.5% |
| Amounts payable within one year | 42/48 | €375,050 | €350,700 | -€24,351 | -6.5% |
| Trade debts | 44 | €14,956 | €1,064 | -€13,892 | -92.9% |
| Suppliers | 440/4 | €14,956 | €1,064 | -€13,892 | -92.9% |
| Taxes, remuneration and social security | 45 | €1,805 | €2,562 | +€758 | +42.0% |
| Taxes | 450/3 | €1,805 | €1,062 | -€743 | -41.1% |
| Remuneration and social security | 454/9 | €0 | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €358,290 | €347,074 | -€11,216 | -3.1% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,492 | €44,706 | -€3,786 | -7.8% |
| Other operating charges | 640/8 | €16,689 | €16,523 | -€166 | -1.0% |
| Gross operating margin | 9900 | €60,808 | €54,841 | -€5,968 | -9.8% |
| Operating profit (loss) | 9901 | -€4,372 | -€6,388 | -€2,015 | -46.1% |
| Financial income | 75/76B | €13,284 | €13,770 | +€486 | +3.7% |
| Recurring financial income | 75 | €13,284 | €13,770 | +€486 | +3.7% |
| Financial charges | 65/66B | €6,139 | €3,677 | -€2,462 | -40.1% |
| Recurring financial charges | 65 | €6,139 | €3,677 | -€2,462 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €2,774 | €3,706 | +€933 | +33.6% |
| Income taxes | 67/77 | €988 | €1,133 | +€144 | +14.6% |
| Profit (loss) for the period | 9904 | €1,785 | €2,573 | +€788 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,785 | €2,573 | +€788 | +44.2% |
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.