Boston Rogier: 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 Rogier
Largest movements
- Cash -€22,437
down €22,437 (-69.6%), from €32,255 to €9,817
mainly Trade debts (-€209,512) and Net result for the year (-€77,543)
- Receivables within one year -€15,019
down €15,019 (-32.7%), from €45,875 to €30,856
of which Other amounts receivable: -€18,328
- Tangible fixed assets -€7,886
down €7,886 (-8.7%), from €90,753 to €82,867
- Other debts +€240,313
up €240,313 (+534%), from €45,000 to €285,313
- Trade debts -€209,512
down €209,512 (-98.5%), from €212,608 to €3,096
- Profit (loss) carried forward -€77,543
down €77,543 (-59.4%), from -€130,582 to -€208,125
- Gross operating margin +€50,304
up €50,304 (+50.0%), from -€100,667 to -€50,363
- Other operating charges -€9,194
down €9,194 (-62.2%), from €14,772 to €5,577
- Financial charges +€6,324
up €6,324 (+615%), from €1,029 to €7,353
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 | €168,882 | €123,790 | -€45,092 | -26.7% |
| Fixed assets | 21/28 | €90,753 | €82,867 | -€7,886 | -8.7% |
| Tangible fixed assets | 22/27 | €90,753 | €82,867 | -€7,886 | -8.7% |
| Other tangible fixed assets | 26 | €90,753 | €82,867 | -€7,886 | -8.7% |
| Current assets | 29/58 | €78,130 | €40,924 | -€37,206 | -47.6% |
| Amounts receivable within one year | 40/41 | €45,875 | €30,856 | -€15,019 | -32.7% |
| Trade receivables | 40 | €1,021 | €4,331 | +€3,309 | +324% |
| Other amounts receivable | 41 | €44,854 | €26,526 | -€18,328 | -40.9% |
| Cash at bank and in hand | 54/58 | €32,255 | €9,817 | -€22,437 | -69.6% |
| Deferred charges and accrued income | 490/1 | - | €250 | +€250 | |
| Total equity and liabilities | 10/49 | €168,882 | €123,790 | -€45,092 | -26.7% |
| Equity | 10/15 | -€89,661 | -€167,204 | -€77,543 | -86.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,721 | €34,721 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €32,866 | €32,866 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,582 | -€208,125 | -€77,543 | -59.4% |
| Amounts payable | 17/49 | €258,543 | €290,995 | +€32,451 | +12.6% |
| Amounts payable within one year | 42/48 | €257,608 | €288,409 | +€30,800 | +12.0% |
| Trade debts | 44 | €212,608 | €3,096 | -€209,512 | -98.5% |
| Suppliers | 440/4 | €212,608 | €3,096 | -€209,512 | -98.5% |
| Other amounts payable | 47/48 | €45,000 | €285,313 | +€240,313 | +534% |
| Accrued charges and deferred income | 492/3 | €935 | €2,586 | +€1,651 | +177% |
| Remuneration, social security and pensions | 62 | - | -€101 | -€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,115 | €14,736 | +€621 | +4.4% |
| Other operating charges | 640/8 | €14,772 | €5,577 | -€9,194 | -62.2% |
| Gross operating margin | 9900 | -€100,667 | -€50,363 | +€50,304 | +50.0% |
| Operating profit (loss) | 9901 | -€129,553 | -€70,574 | +€58,979 | +45.5% |
| Financial income | 75/76B | - | €384 | +€384 | |
| Recurring financial income | 75 | - | €384 | +€384 | |
| Financial charges | 65/66B | €1,029 | €7,353 | +€6,324 | +615% |
| Recurring financial charges | 65 | €1,029 | €7,353 | +€6,324 | +615% |
| Profit (loss) for the period before taxes | 9903 | -€130,582 | -€77,543 | +€53,039 | +40.6% |
| Profit (loss) for the period | 9904 | -€130,582 | -€77,543 | +€53,039 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,582 | -€77,543 | +€53,039 | +40.6% |
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 20 October 2026 via checked.be.