Boreux Consult: 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.
Boreux Consult
Largest movements
- Cash +€21,553
up €21,553 (+625.8%), from €3,444 to €24,997
mainly Net result for the year (+€64,212) and Depreciation (+€6,424)
- Receivables within one year +€9,885
up €9,885 (+241.4%), from €4,094 to €13,979
of which Trade receivables: +€12,495
- Tangible fixed assets -€6,424
down €6,424 (-21.0%), from €30,565 to €24,140
- Deferred charges and accrued income -€645
down €645 (-61.5%), from €1,048 to €403
- Profit (loss) carried forward +€64,212
up €64,212, from -€13,276 to €50,935
- Other debts -€45,905
down €45,905 (-96.5%), from €47,550 to €1,645
- Tax, wage and social debts +€6,053
up €6,053 (+6468.4%), from €94 to €6,147
of which Taxes: +€3,824
- Gross operating margin +€99,204
up €99,204, from -€11,255 to €87,949
- Taxes +€15,422
up €15,422 (+16480.4%), from €94 to €15,516
- Depreciation +€4,868
up €4,868 (+312.9%), from €1,556 to €6,424
- Other operating charges +€1,299
up €1,299 (+373.2%), from €348 to €1,647
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 | €39,151 | €63,520 | +€24,369 | +62.2% |
| Fixed assets | 21/28 | €30,565 | €24,140 | -€6,424 | -21.0% |
| Tangible fixed assets | 22/27 | €30,565 | €24,140 | -€6,424 | -21.0% |
| Furniture and vehicles | 24 | €30,565 | €24,140 | -€6,424 | -21.0% |
| Current assets | 29/58 | €8,586 | €39,379 | +€30,793 | +358.6% |
| Amounts receivable within one year | 40/41 | €4,094 | €13,979 | +€9,885 | +241.4% |
| Trade receivables | 40 | - | €12,495 | +€12,495 | |
| Other amounts receivable | 41 | €4,094 | €1,484 | -€2,610 | -63.7% |
| Cash at bank and in hand | 54/58 | €3,444 | €24,997 | +€21,553 | +625.8% |
| Deferred charges and accrued income | 490/1 | €1,048 | €403 | -€645 | -61.5% |
| Total equity and liabilities | 10/49 | €39,151 | €63,520 | +€24,369 | +62.2% |
| Equity | 10/15 | -€10,276 | €53,935 | +€64,212 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,276 | €50,935 | +€64,212 | |
| Amounts payable | 17/49 | €49,427 | €9,584 | -€39,843 | -80.6% |
| Amounts payable within one year | 42/48 | €49,427 | €9,584 | -€39,843 | -80.6% |
| Trade debts | 44 | €1,784 | €1,792 | +€9 | +0.5% |
| Suppliers | 440/4 | €1,784 | €1,792 | +€9 | +0.5% |
| Taxes, remuneration and social security | 45 | €94 | €6,147 | +€6,053 | +6468.4% |
| Taxes | 450/3 | €94 | €3,917 | +€3,824 | +4085.9% |
| Remuneration and social security | 454/9 | - | €2,229 | +€2,229 | |
| Other amounts payable | 47/48 | €47,550 | €1,645 | -€45,905 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €6,424 | +€4,868 | +312.9% |
| Other operating charges | 640/8 | €348 | €1,647 | +€1,299 | +373.2% |
| Gross operating margin | 9900 | -€11,255 | €87,949 | +€99,204 | |
| Operating profit (loss) | 9901 | -€13,159 | €79,878 | +€93,037 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €25 | €151 | +€126 | +502.6% |
| Recurring financial charges | 65 | €25 | €151 | +€126 | +502.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,183 | €79,728 | +€92,910 | |
| Income taxes | 67/77 | €94 | €15,516 | +€15,422 | +16480.4% |
| Profit (loss) for the period | 9904 | -€13,276 | €64,212 | +€77,488 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,276 | €64,212 | +€77,488 |
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 9 October 2026 via checked.be.