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
- Stocks and contracts +€741,910
up €741,910 (+138.7%), from €535,034 to €1.3m
- Cash +€73,652
up €73,652 (+563.8%), from €13,064 to €86,715
mainly Short-term financial debts (+€792,115) and Net result for the year (+€24,110)
- Short-term financial debts +€792,115
up €792,115 (+295.7%), from €267,885 to €1.1m
- Other debts +€20,000
up €20,000 (+8.7%), from €230,000 to €250,000
- Financial charges +€23,134
up €23,134 (+98.7%), from €23,438 to €46,572
- Financial income +€8,590
up €8,590 (+468.1%), from €1,835 to €10,425
- Gross operating margin +€3,627
up €3,627 (+6.3%), from €57,906 to €61,533
- Taxes +€841
new in 2025: €841
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 | €552,236 | €1,364,191 | +€811,955 | +147.0% |
| Current assets | 29/58 | €552,236 | €1,364,191 | +€811,955 | +147.0% |
| Stocks and contracts in progress | 3 | €535,034 | €1,276,944 | +€741,910 | +138.7% |
| Stocks | 30/36 | €535,034 | €1,276,944 | +€741,910 | +138.7% |
| Amounts receivable within one year | 40/41 | €3,851 | - | -€3,851 | |
| Other amounts receivable | 41 | €3,851 | - | -€3,851 | |
| Cash at bank and in hand | 54/58 | €13,064 | €86,715 | +€73,652 | +563.8% |
| Deferred charges and accrued income | 490/1 | €287 | €532 | +€245 | +85.2% |
| Total equity and liabilities | 10/49 | €552,236 | €1,364,191 | +€811,955 | +147.0% |
| Equity | 10/15 | €18,201 | €22,311 | +€4,110 | +22.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,799 | €2,311 | +€4,110 | |
| Amounts payable | 17/49 | €534,035 | €1,341,880 | +€807,845 | +151.3% |
| Amounts payable within one year | 42/48 | €534,035 | €1,341,501 | +€807,465 | +151.2% |
| Financial debts | 43 | €267,885 | €1,060,000 | +€792,115 | +295.7% |
| Credit institutions | 430/8 | €267,885 | €1,060,000 | +€792,115 | +295.7% |
| Trade debts | 44 | €36,150 | €26,466 | -€9,684 | -26.8% |
| Suppliers | 440/4 | €36,150 | €26,466 | -€9,684 | -26.8% |
| Taxes, remuneration and social security | 45 | - | €5,035 | +€5,035 | |
| Taxes | 450/3 | - | €5,035 | +€5,035 | |
| Other amounts payable | 47/48 | €230,000 | €250,000 | +€20,000 | +8.7% |
| Accrued charges and deferred income | 492/3 | - | €380 | +€380 | |
| Non-recurring operating income | 76A | €1,875 | - | -€1,875 | |
| Other operating charges | 640/8 | €50 | €435 | +€385 | +770.0% |
| Gross operating margin | 9900 | €57,906 | €61,533 | +€3,627 | +6.3% |
| Operating profit (loss) | 9901 | €57,856 | €61,098 | +€3,242 | +5.6% |
| Financial income | 75/76B | €1,835 | €10,425 | +€8,590 | +468.1% |
| Recurring financial income | 75 | €1,835 | €10,425 | +€8,590 | +468.1% |
| Financial charges | 65/66B | €23,438 | €46,572 | +€23,134 | +98.7% |
| Recurring financial charges | 65 | €23,438 | €46,572 | +€23,134 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | €36,253 | €24,951 | -€11,302 | -31.2% |
| Income taxes | 67/77 | - | €841 | +€841 | |
| Profit (loss) for the period | 9904 | €36,253 | €24,110 | -€12,144 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,253 | €24,110 | -€12,144 | -33.5% |
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 12 October 2026 via checked.be.