Boskuur: 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.
Boskuur
Largest movements
- Cash -€19,453
down €19,453 (-47.2%), from €41,188 to €21,735
mainly Investment in fixed assets (net) (-€20,512) and Receivables within one year (-€13,908)
- Tangible fixed assets +€17,432
new in 2025: €17,432
of which Furniture and vehicles: +€12,995
- Receivables within one year +€13,908
new in 2025: €13,908
of which Trade receivables: +€7,115
- Deferred charges and accrued income +€2,674
up €2,674 (+41.9%), from €6,383 to €9,057
- Profit (loss) carried forward +€17,275
new in 2025: €17,275
- Other debts -€1,893
down €1,893 (-53.2%), from €3,559 to €1,666
- Tax, wage and social debts -€1,022
down €1,022 (-11.6%), from €8,806 to €7,784
- Trade debts +€632
up €632 (+1,010%), from €63 to €695
- Gross operating margin -€11,898
down €11,898 (-28.3%), from €42,000 to €30,102
- Depreciation +€2,630
new in 2025: €2,630
- Taxes -€1,022
down €1,022 (-11.6%), from €8,806 to €7,784
- Other operating charges +€903
up €903 (+1,806%), from €50 to €953
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.
Derived cash bridge
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 | €47,571 | €62,581 | +€15,011 | +31.6% |
| Fixed assets | 21/28 | - | €17,882 | +€17,882 | |
| Tangible fixed assets | 22/27 | - | €17,432 | +€17,432 | |
| Plant, machinery and equipment | 23 | - | €4,438 | +€4,438 | |
| Furniture and vehicles | 24 | - | €12,995 | +€12,995 | |
| Financial fixed assets | 28 | - | €450 | +€450 | |
| Current assets | 29/58 | €47,571 | €44,699 | -€2,872 | -6.0% |
| Amounts receivable within one year | 40/41 | - | €13,908 | +€13,908 | |
| Trade receivables | 40 | - | €7,115 | +€7,115 | |
| Other amounts receivable | 41 | - | €6,793 | +€6,793 | |
| Cash at bank and in hand | 54/58 | €41,188 | €21,735 | -€19,453 | -47.2% |
| Deferred charges and accrued income | 490/1 | €6,383 | €9,057 | +€2,674 | +41.9% |
| Total equity and liabilities | 10/49 | €47,571 | €62,581 | +€15,011 | +31.6% |
| Equity | 10/15 | €35,144 | €52,418 | +€17,275 | +49.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,144 | €33,144 | = | 0.0% |
| Distributable reserves | 133 | €33,144 | €33,144 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €17,275 | +€17,275 | |
| Amounts payable | 17/49 | €12,427 | €10,163 | -€2,264 | -18.2% |
| Amounts payable within one year | 42/48 | €12,427 | €10,163 | -€2,264 | -18.2% |
| Financial debts | 43 | - | €18 | +€18 | |
| Credit institutions | 430/8 | - | €18 | +€18 | |
| Trade debts | 44 | €63 | €695 | +€632 | +1,010% |
| Suppliers | 440/4 | €63 | €695 | +€632 | +1,010% |
| Taxes, remuneration and social security | 45 | €8,806 | €7,784 | -€1,022 | -11.6% |
| Taxes | 450/3 | €8,806 | €7,784 | -€1,022 | -11.6% |
| Other amounts payable | 47/48 | €3,559 | €1,666 | -€1,893 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,630 | +€2,630 | |
| Other operating charges | 640/8 | €50 | €953 | +€903 | +1,806% |
| Gross operating margin | 9900 | €42,000 | €30,102 | -€11,898 | -28.3% |
| Operating profit (loss) | 9901 | €41,950 | €26,519 | -€15,431 | -36.8% |
| Financial income | 75/76B | €0 | €308 | +€308 | +3,076,400% |
| Recurring financial income | 75 | €0 | €308 | +€308 | +3,076,400% |
| Financial charges | 65/66B | - | €101 | +€101 | |
| Recurring financial charges | 65 | - | €101 | +€101 | |
| Profit (loss) for the period before taxes | 9903 | €41,950 | €26,725 | -€15,225 | -36.3% |
| Income taxes | 67/77 | €8,806 | €7,784 | -€1,022 | -11.6% |
| Profit (loss) for the period | 9904 | €33,144 | €18,941 | -€14,203 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,144 | €18,941 | -€14,203 | -42.9% |
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 21 October 2026 via checked.be.