BOSKAPELHOEVE: 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.
BOSKAPELHOEVE
Largest movements
- Cash +€207,117
up €207,117 (+65.7%), from €315,267 to €522,384
mainly Other debts (+€169,272) and Net result for the year (+€160,030)
- Tangible fixed assets -€191,051
down €191,051 (-25.8%), from €740,440 to €549,389
of which Land and buildings: -€176,099
- Receivables within one year -€42,679
down €42,679 (-28.3%), from €150,848 to €108,169
of which Trade receivables: -€23,813
- Profit (loss) carried forward -€348,912
no longer reported in 2024 (was €348,912)
- Reserves +€193,829
up €193,829 (+46.8%), from €413,767 to €607,596
of which Distributable reserves: +€193,829
- Other debts +€169,272
new in 2024: €169,272
- Debts after one year -€45,784
down €45,784 (-29.8%), from €153,777 to €107,994
- Current portion of long-term debt +€24,030
new in 2024: €24,030
- Depreciation +€104,649
new in 2024: €104,649
- Gross operating margin -€63,404
down €63,404 (-14.1%), from €450,249 to €386,844
- Staff costs +€24,248
up €24,248 (+10,329%), from €235 to €24,483
- Taxes -€5,958
down €5,958 (-7.9%), from €75,000 to €69,042
- Financial charges +€4,579
up €4,579 (+96.3%), from €4,755 to €9,334
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,209,083 | €1,179,941 | -€29,142 | -2.4% |
| Fixed assets | 21/28 | €740,440 | €549,389 | -€191,051 | -25.8% |
| Tangible fixed assets | 22/27 | €740,440 | €549,389 | -€191,051 | -25.8% |
| Land and buildings | 22 | €706,871 | €530,771 | -€176,099 | -24.9% |
| Plant, machinery and equipment | 23 | €20,483 | €12,607 | -€7,877 | -38.5% |
| Furniture and vehicles | 24 | €13,086 | €6,011 | -€7,075 | -54.1% |
| Current assets | 29/58 | €468,644 | €630,552 | +€161,909 | +34.5% |
| Amounts receivable within one year | 40/41 | €150,848 | €108,169 | -€42,679 | -28.3% |
| Trade receivables | 40 | €126,024 | €102,211 | -€23,813 | -18.9% |
| Other amounts receivable | 41 | €24,824 | €5,958 | -€18,866 | -76.0% |
| Cash at bank and in hand | 54/58 | €315,267 | €522,384 | +€207,117 | +65.7% |
| Deferred charges and accrued income | 490/1 | €2,529 | - | -€2,529 | |
| Total equity and liabilities | 10/49 | €1,209,083 | €1,179,941 | -€29,142 | -2.4% |
| Equity | 10/15 | €1,006,279 | €851,196 | -€155,083 | -15.4% |
| Contributions | 10/11 | €243,600 | €243,600 | = | 0.0% |
| Reserves | 13 | €413,767 | €607,596 | +€193,829 | +46.8% |
| Non-distributable reserves | 130/1 | €12,598 | €12,598 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,598 | €12,598 | = | 0.0% |
| Distributable reserves | 133 | €401,169 | €594,998 | +€193,829 | +48.3% |
| Profit (loss) carried forward | 14 | €348,912 | - | -€348,912 | |
| Amounts payable | 17/49 | €202,805 | €328,745 | +€125,941 | +62.1% |
| Amounts payable after more than one year | 17 | €153,777 | €107,994 | -€45,784 | -29.8% |
| Financial debts | 170/4 | €153,777 | €107,994 | -€45,784 | -29.8% |
| Amounts payable within one year | 42/48 | €17,805 | €211,476 | +€193,671 | +1,088% |
| Current portion of amounts payable after more than one year | 42 | - | €24,030 | +€24,030 | |
| Financial debts | 43 | €14,442 | €10,109 | -€4,333 | -30.0% |
| Credit institutions | 430/8 | €14,442 | €10,109 | -€4,333 | -30.0% |
| Advances received on contracts in progress | 46 | €3,363 | - | -€3,363 | |
| Taxes, remuneration and social security | 45 | - | €8,064 | +€8,064 | |
| Taxes | 450/3 | - | €7,644 | +€7,644 | |
| Remuneration and social security | 454/9 | - | €421 | +€421 | |
| Other amounts payable | 47/48 | - | €169,272 | +€169,272 | |
| Accrued charges and deferred income | 492/3 | €31,223 | €9,276 | -€21,947 | -70.3% |
| Remuneration, social security and pensions | 62 | €235 | €24,483 | +€24,248 | +10,329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €104,649 | +€104,649 | |
| Other operating charges | 640/8 | €21,347 | €19,310 | -€2,037 | -9.5% |
| Gross operating margin | 9900 | €450,249 | €386,844 | -€63,404 | -14.1% |
| Operating profit (loss) | 9901 | €428,667 | €238,403 | -€190,264 | -44.4% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €4,755 | €9,334 | +€4,579 | +96.3% |
| Recurring financial charges | 65 | €4,755 | €9,334 | +€4,579 | +96.3% |
| Profit (loss) for the period before taxes | 9903 | €423,912 | €229,072 | -€194,840 | -46.0% |
| Income taxes | 67/77 | €75,000 | €69,042 | -€5,958 | -7.9% |
| Profit (loss) for the period | 9904 | €348,912 | €160,030 | -€188,882 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €348,912 | €160,030 | -€188,882 | -54.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.