BOSTOEN DAVY: 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.
BOSTOEN DAVY
Largest movements
- Cash +€92,230
up €92,230 (+127.0%), from €72,614 to €164,844
mainly Net result for the year (+€217,008) and Current investments (+€15,234)
- Current investments -€15,234
down €15,234 (-1.6%), from €959,352 to €944,118
- Reserves +€88,170
up €88,170 (+9.2%), from €958,507 to €1.0m
of which Distributable reserves: +€88,170
- Financial income +€18,053
up €18,053 (+97.8%), from €18,454 to €36,507
of which Financial income: +€19,124
- Gross operating margin -€13,023
down €13,023 (-4.3%), from €302,172 to €289,149
- Depreciation -€10,256
no longer reported in 2025 (was €10,256)
- Taxes +€3,687
up €3,687 (+3.7%), from €99,444 to €103,131
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.
Cash bridge derived
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 | €1,046,657 | €1,116,447 | +€69,790 | +6.7% |
| Current assets | 29/58 | €1,046,657 | €1,116,447 | +€69,790 | +6.7% |
| Amounts receivable within one year | 40/41 | €14,691 | €7,486 | -€7,205 | -49.0% |
| Trade receivables | 40 | €14,691 | €7,486 | -€7,205 | -49.0% |
| Current investments | 50/53 | €959,352 | €944,118 | -€15,234 | -1.6% |
| Cash at bank and in hand | 54/58 | €72,614 | €164,844 | +€92,230 | +127.0% |
| Total equity and liabilities | 10/49 | €1,046,657 | €1,116,447 | +€69,790 | +6.7% |
| Equity | 10/15 | €970,907 | €1,059,077 | +€88,170 | +9.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €958,507 | €1,046,677 | +€88,170 | +9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €956,647 | €1,044,817 | +€88,170 | +9.2% |
| Amounts payable | 17/49 | €75,750 | €57,370 | -€18,380 | -24.3% |
| Amounts payable within one year | 42/48 | €75,686 | €57,305 | -€18,381 | -24.3% |
| Trade debts | 44 | €3,862 | €1,108 | -€2,755 | -71.3% |
| Suppliers | 440/4 | €3,862 | €1,108 | -€2,755 | -71.3% |
| Taxes, remuneration and social security | 45 | €21,836 | €15,439 | -€6,396 | -29.3% |
| Taxes | 450/3 | €21,836 | €15,439 | -€6,396 | -29.3% |
| Other amounts payable | 47/48 | €49,988 | €40,757 | -€9,231 | -18.5% |
| Accrued charges and deferred income | 492/3 | €64 | €66 | +€2 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,256 | - | -€10,256 | |
| Other operating charges | 640/8 | €1,673 | €1,775 | +€102 | +6.1% |
| Non-recurring operating charges | 66A | €388 | - | -€388 | |
| Gross operating margin | 9900 | €302,172 | €289,149 | -€13,023 | -4.3% |
| Operating profit (loss) | 9901 | €289,855 | €287,374 | -€2,481 | -0.9% |
| Financial income | 75/76B | €18,454 | €36,507 | +€18,053 | +97.8% |
| Recurring financial income | 75 | €17,384 | €36,507 | +€19,124 | +110.0% |
| Non-recurring financial income | 76B | €1,071 | - | -€1,071 | |
| Financial charges | 65/66B | €4,284 | €3,742 | -€542 | -12.6% |
| Recurring financial charges | 65 | €4,284 | €3,742 | -€542 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €304,026 | €320,139 | +€16,113 | +5.3% |
| Income taxes | 67/77 | €99,444 | €103,131 | +€3,687 | +3.7% |
| Profit (loss) for the period | 9904 | €204,581 | €217,008 | +€12,427 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €204,581 | €217,008 | +€12,427 | +6.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.