BOSTON: 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.
BOSTON
Largest movements
- Cash -€42,596
down €42,596 (-35.1%), from €121,344 to €78,748
mainly Accrued charges and deferred income (-€54,208) and Other debts (-€36,266)
- Tangible fixed assets -€32,882
down €32,882 (-22.4%), from €147,026 to €114,145
of which Land and buildings: -€23,766
- Accrued charges and deferred income -€54,208
down €54,208 (-49.4%), from €109,794 to €55,586
- Other debts -€36,266
down €36,266 (-20.0%), from €181,363 to €145,098
- Profit (loss) carried forward +€18,211
up €18,211 (+19.7%), from -€92,597 to -€74,386
- Trade debts -€3,718
down €3,718 (-36.0%), from €10,326 to €6,609
- Gross operating margin +€44,987
up €44,987 (+76.7%), from €58,651 to €103,638
- Other operating charges +€2,104
up €2,104 (+18.8%), from €11,207 to €13,311
- Staff costs +€1,411
up €1,411 (+3.8%), from €37,044 to €38,455
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 | €273,766 | €197,785 | -€75,981 | -27.8% |
| Fixed assets | 21/28 | €147,026 | €114,145 | -€32,882 | -22.4% |
| Tangible fixed assets | 22/27 | €147,026 | €114,145 | -€32,882 | -22.4% |
| Land and buildings | 22 | €115,680 | €91,915 | -€23,766 | -20.5% |
| Plant, machinery and equipment | 23 | €27,515 | €22,230 | -€5,285 | -19.2% |
| Furniture and vehicles | 24 | €3,830 | - | -€3,830 | |
| Current assets | 29/58 | €126,740 | €83,640 | -€43,100 | -34.0% |
| Amounts receivable within one year | 40/41 | €4,244 | €3,740 | -€504 | -11.9% |
| Other amounts receivable | 41 | €4,244 | €3,740 | -€504 | -11.9% |
| Cash at bank and in hand | 54/58 | €121,344 | €78,748 | -€42,596 | -35.1% |
| Deferred charges and accrued income | 490/1 | €1,152 | €1,152 | = | 0.0% |
| Total equity and liabilities | 10/49 | €273,766 | €197,785 | -€75,981 | -27.8% |
| Equity | 10/15 | -€27,718 | -€9,508 | +€18,211 | +65.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,378 | €3,378 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,378 | €3,378 | = | 0.0% |
| Legal reserve | 130 | €3,378 | €3,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,597 | -€74,386 | +€18,211 | +19.7% |
| Amounts payable | 17/49 | €301,484 | €207,292 | -€94,192 | -31.2% |
| Amounts payable within one year | 42/48 | €191,690 | €151,706 | -€39,983 | -20.9% |
| Trade debts | 44 | €10,326 | €6,609 | -€3,718 | -36.0% |
| Suppliers | 440/4 | €10,326 | €6,609 | -€3,718 | -36.0% |
| Other amounts payable | 47/48 | €181,363 | €145,098 | -€36,266 | -20.0% |
| Accrued charges and deferred income | 492/3 | €109,794 | €55,586 | -€54,208 | -49.4% |
| Remuneration, social security and pensions | 62 | €37,044 | €38,455 | +€1,411 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,099 | €32,882 | -€217 | -0.7% |
| Other operating charges | 640/8 | €11,207 | €13,311 | +€2,104 | +18.8% |
| Gross operating margin | 9900 | €58,651 | €103,638 | +€44,987 | +76.7% |
| Operating profit (loss) | 9901 | -€22,699 | €18,990 | +€41,689 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +300% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300% |
| Financial charges | 65/66B | €627 | €780 | +€152 | +24.3% |
| Recurring financial charges | 65 | €627 | €780 | +€152 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,326 | €18,211 | +€41,537 | |
| Profit (loss) for the period | 9904 | -€23,326 | €18,211 | +€41,537 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,326 | €18,211 | +€41,537 |
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 24 October 2026 via checked.be.