BOSKOUTER: what changed
What changed
BOSKOUTER
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€82,706
2024 · €100,198-€17,492
Equity
€1.2m
2024 · €1.1m+€82,706
Cash
€230,949
2024 · €71,504+€159,445
Balance sheet total
€1.7m
2024 · €1.6m+€71,676
Largest movements
Assets
- Cash +€159,445
up €159,445 (+223%), from €71,504 to €230,949
mainly Depreciation (+€86,544) and Net result for the year (+€82,706)
- Tangible fixed assets -€86,544
down €86,544 (-5.5%), from €1.6m to €1.5m
of which Land and buildings: -€72,144
Equity and liabilities
- Reserves +€82,706
up €82,706 (+7.3%), from €1.1m to €1.2m
of which Distributable reserves: +€85,779
- Tax, wage and social debts +€32,120
up €32,120 (+81.0%), from €39,670 to €71,790
- Debts after one year -€31,868
down €31,868 (-14.6%), from €218,568 to €186,700
of which Financial debts: -€31,868
Income statement
- Gross operating margin -€22,154
down €22,154 (-9.5%), from €232,060 to €209,906
- Taxes -€7,599
down €7,599 (-19.1%), from €39,756 to €32,157
- Depreciation +€2,540
up €2,540 (+3.0%), from €84,003 to €86,544
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.
Result 2024
€100,198
Gross operating margin
-€22,154
Depreciation
-€2,540
Other operating charges
-€930
Financial income
-€138
Financial charges
+€671
Taxes
+€7,599
Result 2025
€82,706
raises the resultlowers the result
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.
From operations
+€192,886
Investment
€0
Financing
-€33,441
Cash 2024
€71,504
From operations (derived)
+€192,886
Net result for the year
+€82,706
Depreciation
+€86,544
Deferred charges and accrued income
+€1,225
Provisions
-€1,024
Trade debts
-€3,752
Tax, wage and social debts
+€32,120
Other debts
-€4,932
Financing
-€33,441
Debts after one year
-€31,868
Current portion of long-term debt
-€1,573
Cash 2025
€230,949
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,634,736 | €1,706,412 | +€71,676 | +4.4% |
| Fixed assets | 21/28 | €1,559,346 | €1,472,803 | -€86,544 | -5.5% |
| Tangible fixed assets | 22/27 | €1,559,346 | €1,472,803 | -€86,544 | -5.5% |
| Land and buildings | 22 | €1,505,790 | €1,433,646 | -€72,144 | -4.8% |
| Furniture and vehicles | 24 | €53,556 | €39,156 | -€14,400 | -26.9% |
| Current assets | 29/58 | €75,389 | €233,609 | +€158,220 | +210% |
| Cash at bank and in hand | 54/58 | €71,504 | €230,949 | +€159,445 | +223% |
| Deferred charges and accrued income | 490/1 | €3,885 | €2,660 | -€1,225 | -31.5% |
| Total equity and liabilities | 10/49 | €1,634,736 | €1,706,412 | +€71,676 | +4.4% |
| Equity | 10/15 | €1,146,899 | €1,229,605 | +€82,706 | +7.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,128,307 | €1,211,013 | +€82,706 | +7.3% |
| Tax-exempt reserves | 132 | €99,411 | €96,338 | -€3,073 | -3.1% |
| Distributable reserves | 133 | €1,028,895 | €1,114,675 | +€85,779 | +8.3% |
| Provisions and deferred taxes | 16 | €29,193 | €28,169 | -€1,024 | -3.5% |
| Deferred taxes | 168 | €29,193 | €28,169 | -€1,024 | -3.5% |
| Amounts payable | 17/49 | €458,644 | €448,638 | -€10,005 | -2.2% |
| Amounts payable after more than one year | 17 | €218,568 | €186,700 | -€31,868 | -14.6% |
| Financial debts | 170/4 | €98,568 | €66,700 | -€31,868 | -32.3% |
| Other amounts payable | 178/9 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €240,076 | €261,938 | +€21,863 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €33,441 | €31,868 | -€1,573 | -4.7% |
| Trade debts | 44 | €5,050 | €1,299 | -€3,752 | -74.3% |
| Suppliers | 440/4 | €5,050 | €1,299 | -€3,752 | -74.3% |
| Taxes, remuneration and social security | 45 | €39,670 | €71,790 | +€32,120 | +81.0% |
| Taxes | 450/3 | €39,670 | €71,790 | +€32,120 | +81.0% |
| Other amounts payable | 47/48 | €161,914 | €156,982 | -€4,932 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,003 | €86,544 | +€2,540 | +3.0% |
| Other operating charges | 640/8 | €6,379 | €7,309 | +€930 | +14.6% |
| Gross operating margin | 9900 | €232,060 | €209,906 | -€22,154 | -9.5% |
| Operating profit (loss) | 9901 | €141,677 | €116,053 | -€25,624 | -18.1% |
| Financial income | 75/76B | €262 | €125 | -€138 | -52.5% |
| Recurring financial income | 75 | €262 | €125 | -€138 | -52.5% |
| Financial charges | 65/66B | €3,010 | €2,339 | -€671 | -22.3% |
| Recurring financial charges | 65 | €3,010 | €2,339 | -€671 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €138,930 | €113,839 | -€25,091 | -18.1% |
| Transfer from deferred taxes | 780 | €1,024 | €1,024 | = | 0.0% |
| Income taxes | 67/77 | €39,756 | €32,157 | -€7,599 | -19.1% |
| Profit (loss) for the period | 9904 | €100,198 | €82,706 | -€17,492 | -17.5% |
| Transfer from tax-exempt reserves | 789 | €3,073 | €3,073 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,271 | €85,779 | -€17,492 | -16.9% |
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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 5 November 2026 via checked.be.