BORIANN: 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.
BORIANN
Largest movements
- Cash +€7,633
up €7,633 (+30.3%), from €25,211 to €32,843
mainly Depreciation (+€3,469) and Net result for the year (+€2,755)
- Tangible fixed assets -€3,469
down €3,469 (-26.0%), from €13,324 to €9,855
of which Plant, machinery and equipment: -€1,828
- Receivables within one year -€1,383
down €1,383 (-45.8%), from €3,017 to €1,634
of which Trade receivables: -€1,089
- Profit (loss) carried forward +€2,755
up €2,755 (+17.6%), from -€15,624 to -€12,870
- Accrued charges and deferred income -€859
down €859 (-74.1%), from €1,160 to €300
- Tax, wage and social debts +€790
new in 2025: €790
- Gross operating margin -€3,205
down €3,205 (-31.7%), from €10,099 to €6,893
- Depreciation +€777
up €777 (+28.8%), from €2,692 to €3,469
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 | €41,640 | €44,343 | +€2,703 | +6.5% |
| Fixed assets | 21/28 | €13,324 | €9,855 | -€3,469 | -26.0% |
| Tangible fixed assets | 22/27 | €13,324 | €9,855 | -€3,469 | -26.0% |
| Plant, machinery and equipment | 23 | €5,027 | €3,199 | -€1,828 | -36.4% |
| Furniture and vehicles | 24 | €1,861 | €1,139 | -€722 | -38.8% |
| Other tangible fixed assets | 26 | €6,436 | €5,516 | -€919 | -14.3% |
| Current assets | 29/58 | €28,316 | €34,488 | +€6,172 | +21.8% |
| Amounts receivable within one year | 40/41 | €3,017 | €1,634 | -€1,383 | -45.8% |
| Trade receivables | 40 | €2,723 | €1,634 | -€1,089 | -40.0% |
| Other amounts receivable | 41 | €294 | - | -€294 | |
| Cash at bank and in hand | 54/58 | €25,211 | €32,843 | +€7,633 | +30.3% |
| Deferred charges and accrued income | 490/1 | €89 | €11 | -€78 | -87.4% |
| Total equity and liabilities | 10/49 | €41,640 | €44,343 | +€2,703 | +6.5% |
| Equity | 10/15 | -€3,224 | -€470 | +€2,755 | +85.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,624 | -€12,870 | +€2,755 | +17.6% |
| Amounts payable | 17/49 | €44,865 | €44,813 | -€52 | -0.1% |
| Amounts payable after more than one year | 17 | €22,500 | €22,500 | = | 0.0% |
| Financial debts | 170/4 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,205 | €22,013 | +€808 | +3.8% |
| Trade debts | 44 | €817 | €835 | +€18 | +2.2% |
| Suppliers | 440/4 | €817 | €835 | +€18 | +2.2% |
| Taxes, remuneration and social security | 45 | - | €790 | +€790 | |
| Taxes | 450/3 | - | €790 | +€790 | |
| Other amounts payable | 47/48 | €20,388 | €20,388 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,160 | €300 | -€859 | -74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,692 | €3,469 | +€777 | +28.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €10,099 | €6,893 | -€3,205 | -31.7% |
| Operating profit (loss) | 9901 | €6,901 | €2,905 | -€3,996 | -57.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €116 | €150 | +€34 | +29.4% |
| Recurring financial charges | 65 | €116 | €150 | +€34 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €6,785 | €2,755 | -€4,030 | -59.4% |
| Profit (loss) for the period | 9904 | €6,785 | €2,755 | -€4,030 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,785 | €2,755 | -€4,030 | -59.4% |
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 5 October 2026 via checked.be.