BOSTEELS TUINEN: what changed
BOSTEELS TUINEN
Largest movements
- Receivables within one year +€37,014
up €37,014 (+197%), from €18,827 to €55,841
of which Trade receivables: +€37,076
- Cash -€3,138
down €3,138 (-3.4%), from €93,034 to €89,896
mainly Receivables within one year (-€37,014) and Investment in fixed assets (net) (-€2,485)
- Financial fixed assets +€1,800
new in 2025: €1,800
- Trade debts +€17,632
up €17,632 (+183%), from €9,658 to €27,290
- Reserves +€13,291
up €13,291 (+18.5%), from €71,705 to €84,996
of which Distributable reserves: +€13,291
- Other debts +€5,149
up €5,149 (+41.9%), from €12,278 to €17,427
- Gross operating margin +€7,053
up €7,053 (+52.0%), from €13,551 to €20,604
- Taxes +€1,864
up €1,864 (+52.7%), from €3,536 to €5,400
- Depreciation +€398
up €398 (+192%), from €207 to €605
Change in the result, 31-12-2024 to 31-12-2025
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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 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 | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,799 | €176,700 | +€35,901 | +25.5% |
| Fixed assets | 21/28 | €27,798 | €29,679 | +€1,880 | +6.8% |
| Tangible fixed assets | 22/27 | €27,798 | €27,879 | +€80 | +0.3% |
| Land and buildings | 22 | €26,175 | €26,175 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,623 | €1,704 | +€80 | +4.9% |
| Financial fixed assets | 28 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €113,001 | €147,022 | +€34,021 | +30.1% |
| Stocks and contracts in progress | 3 | €1,140 | €1,285 | +€145 | +12.7% |
| Stocks | 30/36 | €1,140 | €1,285 | +€145 | +12.7% |
| Amounts receivable within one year | 40/41 | €18,827 | €55,841 | +€37,014 | +197% |
| Trade receivables | 40 | €18,764 | €55,841 | +€37,076 | +198% |
| Other amounts receivable | 41 | €62 | - | -€62 | |
| Cash at bank and in hand | 54/58 | €93,034 | €89,896 | -€3,138 | -3.4% |
| Total equity and liabilities | 10/49 | €140,799 | €176,700 | +€35,901 | +25.5% |
| Equity | 10/15 | €77,905 | €91,196 | +€13,291 | +17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,705 | €84,996 | +€13,291 | +18.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,845 | €83,136 | +€13,291 | +19.0% |
| Amounts payable | 17/49 | €62,894 | €85,504 | +€22,610 | +35.9% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,894 | €60,504 | +€22,610 | +59.7% |
| Trade debts | 44 | €9,658 | €27,290 | +€17,632 | +183% |
| Suppliers | 440/4 | €9,658 | €27,290 | +€17,632 | +183% |
| Advances received on contracts in progress | 46 | €1,088 | €1,602 | +€514 | +47.3% |
| Taxes, remuneration and social security | 45 | €14,870 | €14,185 | -€685 | -4.6% |
| Taxes | 450/3 | €14,870 | €14,185 | -€685 | -4.6% |
| Other amounts payable | 47/48 | €12,278 | €17,427 | +€5,149 | +41.9% |
| Non-recurring operating income | 76A | - | €144 | +€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €605 | +€398 | +192% |
| Other operating charges | 640/8 | €1,130 | €1,205 | +€75 | +6.7% |
| Gross operating margin | 9900 | €13,551 | €20,604 | +€7,053 | +52.0% |
| Operating profit (loss) | 9901 | €12,214 | €18,794 | +€6,580 | +53.9% |
| Financial income | 75/76B | €1 | €1 | -€0 | -31.0% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -31.0% |
| Financial charges | 65/66B | €225 | €103 | -€122 | -54.2% |
| Recurring financial charges | 65 | €225 | €103 | -€122 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €11,989 | €18,691 | +€6,702 | +55.9% |
| Income taxes | 67/77 | €3,536 | €5,400 | +€1,864 | +52.7% |
| Profit (loss) for the period | 9904 | €8,453 | €13,291 | +€4,837 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,453 | €13,291 | +€4,837 | +57.2% |
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 2 November 2026 via checked.be.