Boskant: what changed
Boskant
Largest movements
- Cash +€61,715
up €61,715 (+36.3%), from €169,988 to €231,703
mainly Net result for the year (+€84,036) and Depreciation (+€48,197)
- Tangible fixed assets -€28,197
down €28,197 (-17.2%), from €164,039 to €135,842
of which Other tangible fixed assets: -€26,049
- Intangible fixed assets -€20,000
down €20,000 (-16.7%), from €120,000 to €100,000
- Receivables within one year +€17,609
up €17,609 (+25.1%), from €70,080 to €87,689
of which Trade receivables: +€13,109
- Stocks and contracts +€10,148
up €10,148 (+6.3%), from €162,317 to €172,465
- Reserves +€84,036
up €84,036 (+20.9%), from €401,458 to €485,494
- Tax, wage and social debts -€31,284
down €31,284 (-96.5%), from €32,423 to €1,139
of which Remuneration and social security: -€18,598
- Debts after one year -€20,000
down €20,000 (-11.1%), from €180,000 to €160,000
- Gross operating margin -€116,616
down €116,616 (-37.7%), from €309,300 to €192,684
- Staff costs -€85,605
down €85,605 (-82.6%), from €103,663 to €18,058
- Taxes -€8,057
down €8,057 (-27.3%), from €29,557 to €21,500
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €689,527 | €729,117 | +€39,590 | +5.7% |
| Fixed assets | 21/28 | €284,039 | €235,842 | -€48,197 | -17.0% |
| Intangible fixed assets | 21 | €120,000 | €100,000 | -€20,000 | -16.7% |
| Tangible fixed assets | 22/27 | €164,039 | €135,842 | -€28,197 | -17.2% |
| Plant, machinery and equipment | 23 | €3,461 | €2,115 | -€1,346 | -38.9% |
| Furniture and vehicles | 24 | €2,766 | €1,963 | -€802 | -29.0% |
| Other tangible fixed assets | 26 | €157,812 | €131,763 | -€26,049 | -16.5% |
| Current assets | 29/58 | €405,488 | €493,275 | +€87,787 | +21.6% |
| Stocks and contracts in progress | 3 | €162,317 | €172,465 | +€10,148 | +6.3% |
| Stocks | 30/36 | €162,317 | €172,465 | +€10,148 | +6.3% |
| Amounts receivable within one year | 40/41 | €70,080 | €87,689 | +€17,609 | +25.1% |
| Trade receivables | 40 | €70,080 | €83,189 | +€13,109 | +18.7% |
| Other amounts receivable | 41 | - | €4,500 | +€4,500 | |
| Cash at bank and in hand | 54/58 | €169,988 | €231,703 | +€61,715 | +36.3% |
| Deferred charges and accrued income | 490/1 | €3,103 | €1,418 | -€1,685 | -54.3% |
| Total equity and liabilities | 10/49 | €689,527 | €729,117 | +€39,590 | +5.7% |
| Equity | 10/15 | €421,458 | €505,494 | +€84,036 | +19.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €401,458 | €485,494 | +€84,036 | +20.9% |
| Distributable reserves | 133 | €401,458 | €485,494 | +€84,036 | +20.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €268,069 | €223,623 | -€44,446 | -16.6% |
| Amounts payable after more than one year | 17 | €180,000 | €160,000 | -€20,000 | -11.1% |
| Other amounts payable | 178/9 | €180,000 | €160,000 | -€20,000 | -11.1% |
| Amounts payable within one year | 42/48 | €88,069 | €63,623 | -€24,446 | -27.8% |
| Trade debts | 44 | €49,963 | €56,711 | +€6,749 | +13.5% |
| Suppliers | 440/4 | €49,963 | €56,711 | +€6,749 | +13.5% |
| Taxes, remuneration and social security | 45 | €32,423 | €1,139 | -€31,284 | -96.5% |
| Taxes | 450/3 | €13,824 | €1,139 | -€12,686 | -91.8% |
| Remuneration and social security | 454/9 | €18,598 | €0 | -€18,598 | -100% |
| Other amounts payable | 47/48 | €5,683 | €5,773 | +€90 | +1.6% |
| Remuneration, social security and pensions | 62 | €103,663 | €18,058 | -€85,605 | -82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,428 | €48,197 | +€769 | +1.6% |
| Other operating charges | 640/8 | €968 | €690 | -€277 | -28.6% |
| Gross operating margin | 9900 | €309,300 | €192,684 | -€116,616 | -37.7% |
| Operating profit (loss) | 9901 | €157,241 | €125,738 | -€31,502 | -20.0% |
| Financial income | 75/76B | €89 | €74 | -€15 | -17.1% |
| Recurring financial income | 75 | €89 | €74 | -€15 | -17.1% |
| Financial charges | 65/66B | €20,833 | €20,276 | -€557 | -2.7% |
| Recurring financial charges | 65 | €20,833 | €20,276 | -€557 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €136,497 | €105,536 | -€30,961 | -22.7% |
| Income taxes | 67/77 | €29,557 | €21,500 | -€8,057 | -27.3% |
| Profit (loss) for the period | 9904 | €106,939 | €84,036 | -€22,903 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €106,939 | €84,036 | -€22,903 | -21.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.