BOSTOEN SARAH: 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 SARAH
Largest movements
- Cash +€38,480
up €38,480 (+30.9%), from €124,458 to €162,938
mainly Net result for the year (+€121,475) and Other debts (+€56,707)
- Deferred charges and accrued income +€28,743
up €28,743 (+60.2%), from €47,770 to €76,513
- Tangible fixed assets -€13,095
down €13,095 (-29.3%), from €44,670 to €31,575
of which Furniture and vehicles: -€12,217
- Receivables within one year -€7,804
down €7,804 (-88.6%), from €8,804 to €1,000
- Other debts +€56,707
new in 2025: €56,707
- Debts after one year -€10,502
down €10,502 (-100%), from €10,502 to €0
- Reserves +€10,466
up €10,466 (+1.8%), from €580,297 to €590,763
of which Distributable reserves: +€10,466
- Current portion of long-term debt -€6,966
down €6,966 (-39.9%), from €17,468 to €10,502
- Gross operating margin +€30,488
up €30,488 (+18.6%), from €164,244 to €194,732
- Taxes +€9,222
up €9,222 (+18.6%), from €49,618 to €58,840
- Financial charges +€2,635
up €2,635 (+166%), from €1,592 to €4,227
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 | €643,444 | €691,121 | +€47,676 | +7.4% |
| Fixed assets | 21/28 | €44,670 | €31,575 | -€13,095 | -29.3% |
| Tangible fixed assets | 22/27 | €44,670 | €31,575 | -€13,095 | -29.3% |
| Plant, machinery and equipment | 23 | €3,124 | €2,246 | -€878 | -28.1% |
| Furniture and vehicles | 24 | €41,546 | €29,329 | -€12,217 | -29.4% |
| Current assets | 29/58 | €598,774 | €659,545 | +€60,771 | +10.1% |
| Amounts receivable within one year | 40/41 | €8,804 | €1,000 | -€7,804 | -88.6% |
| Other amounts receivable | 41 | €8,804 | €1,000 | -€7,804 | -88.6% |
| Current investments | 50/53 | €417,743 | €419,095 | +€1,352 | +0.3% |
| Cash at bank and in hand | 54/58 | €124,458 | €162,938 | +€38,480 | +30.9% |
| Deferred charges and accrued income | 490/1 | €47,770 | €76,513 | +€28,743 | +60.2% |
| Total equity and liabilities | 10/49 | €643,444 | €691,121 | +€47,676 | +7.4% |
| Equity | 10/15 | €580,297 | €590,763 | +€10,466 | +1.8% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €580,297 | €590,763 | +€10,466 | +1.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €185 | €185 | = | 0.0% |
| Distributable reserves | 133 | €580,112 | €590,579 | +€10,466 | +1.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,148 | €100,357 | +€37,210 | +58.9% |
| Amounts payable after more than one year | 17 | €10,502 | €0 | -€10,502 | -100% |
| Financial debts | 170/4 | €10,502 | €0 | -€10,502 | -100% |
| Amounts payable within one year | 42/48 | €51,394 | €99,020 | +€47,627 | +92.7% |
| Current portion of amounts payable after more than one year | 42 | €17,468 | €10,502 | -€6,966 | -39.9% |
| Trade debts | 44 | €2,497 | €588 | -€1,909 | -76.5% |
| Suppliers | 440/4 | €2,497 | €588 | -€1,909 | -76.5% |
| Taxes, remuneration and social security | 45 | €31,428 | €31,224 | -€205 | -0.7% |
| Taxes | 450/3 | €31,428 | €31,224 | -€205 | -0.7% |
| Other amounts payable | 47/48 | - | €56,707 | +€56,707 | |
| Accrued charges and deferred income | 492/3 | €1,252 | €1,337 | +€85 | +6.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,912 | €13,095 | +€1,183 | +9.9% |
| Other operating charges | 640/8 | €370 | €524 | +€154 | +41.6% |
| Non-recurring operating charges | 66A | €1,750 | €0 | -€1,750 | -100% |
| Gross operating margin | 9900 | €164,244 | €194,732 | +€30,488 | +18.6% |
| Operating profit (loss) | 9901 | €150,212 | €181,113 | +€30,901 | +20.6% |
| Financial income | 75/76B | €4,135 | €3,428 | -€707 | -17.1% |
| Recurring financial income | 75 | €4,135 | €3,428 | -€707 | -17.1% |
| Financial charges | 65/66B | €1,592 | €4,227 | +€2,635 | +166% |
| Recurring financial charges | 65 | €1,592 | €4,227 | +€2,635 | +166% |
| Profit (loss) for the period before taxes | 9903 | €152,755 | €180,315 | +€27,560 | +18.0% |
| Income taxes | 67/77 | €49,618 | €58,840 | +€9,222 | +18.6% |
| Profit (loss) for the period | 9904 | €103,137 | €121,475 | +€18,338 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,137 | €121,475 | +€18,338 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.