Bostyn: 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.
Bostyn
Largest movements
- Tangible fixed assets -€40,322
down €40,322 (-16.7%), from €240,750 to €200,428
- Receivables within one year -€11,959
down €11,959 (-60.6%), from €19,733 to €7,774
of which Trade receivables: -€10,951
- Cash -€3,687
down €3,687 (-14.9%), from €24,783 to €21,096
mainly Net result for the year (-€49,644) and Debts after one year (-€22,463)
- Reserves -€49,644
down €49,644 (-50.9%), from €97,530 to €47,887
of which Distributable reserves: -€49,644
- Debts after one year -€22,463
down €22,463 (-11.0%), from €204,900 to €182,437
of which Financial debts: -€175,000
- Advances received +€15,000
new in 2025: €15,000
- Gross operating margin +€7,426
up €7,426, from -€1,799 to €5,627
- Financial charges +€6,709
up €6,709 (+147%), from €4,549 to €11,258
- Depreciation -€2,385
down €2,385 (-5.6%), from €42,891 to €40,507
- Financial income -€1,775
down €1,775 (-98.6%), from €1,801 to €26
of which Non-recurring financial income: -€1,800
- Other operating charges +€1,030
up €1,030 (+41.2%), from €2,501 to €3,531
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 | €327,511 | €271,360 | -€56,151 | -17.1% |
| Formation expenses | 20 | €746 | €561 | -€185 | -24.8% |
| Fixed assets | 21/28 | €240,750 | €200,428 | -€40,322 | -16.7% |
| Tangible fixed assets | 22/27 | €240,750 | €200,428 | -€40,322 | -16.7% |
| Land and buildings | 22 | €121,768 | €111,868 | -€9,901 | -8.1% |
| Plant, machinery and equipment | 23 | €14,275 | €12,534 | -€1,741 | -12.2% |
| Furniture and vehicles | 24 | €29,587 | €18,224 | -€11,364 | -38.4% |
| Other tangible fixed assets | 26 | €75,119 | €57,803 | -€17,316 | -23.1% |
| Current assets | 29/58 | €86,015 | €70,371 | -€15,644 | -18.2% |
| Stocks and contracts in progress | 3 | €37,740 | €38,794 | +€1,053 | +2.8% |
| Stocks | 30/36 | €25,344 | €26,294 | +€950 | +3.7% |
| Contracts in progress | 37 | €12,397 | €12,500 | +€103 | +0.8% |
| Amounts receivable within one year | 40/41 | €19,733 | €7,774 | -€11,959 | -60.6% |
| Trade receivables | 40 | €18,725 | €7,774 | -€10,951 | -58.5% |
| Other amounts receivable | 41 | €1,008 | - | -€1,008 | |
| Cash at bank and in hand | 54/58 | €24,783 | €21,096 | -€3,687 | -14.9% |
| Deferred charges and accrued income | 490/1 | €3,759 | €2,707 | -€1,052 | -28.0% |
| Total equity and liabilities | 10/49 | €327,511 | €271,360 | -€56,151 | -17.1% |
| Equity | 10/15 | €116,130 | €66,487 | -€49,644 | -42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,530 | €47,887 | -€49,644 | -50.9% |
| Tax-exempt reserves | 132 | €1,867 | €1,867 | = | 0.0% |
| Distributable reserves | 133 | €95,663 | €46,020 | -€49,644 | -51.9% |
| Amounts payable | 17/49 | €211,380 | €204,873 | -€6,507 | -3.1% |
| Amounts payable after more than one year | 17 | €204,900 | €182,437 | -€22,463 | -11.0% |
| Financial debts | 170/4 | €175,000 | - | -€175,000 | |
| Other amounts payable | 178/9 | €29,900 | €182,437 | +€152,537 | +510% |
| Amounts payable within one year | 42/48 | €6,480 | €22,436 | +€15,956 | +246% |
| Trade debts | 44 | €3,783 | €5,906 | +€2,124 | +56.1% |
| Suppliers | 440/4 | €3,783 | €5,906 | +€2,124 | +56.1% |
| Advances received on contracts in progress | 46 | - | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €2,697 | €1,530 | -€1,167 | -43.3% |
| Taxes | 450/3 | €2,697 | €1,530 | -€1,167 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,891 | €40,507 | -€2,385 | -5.6% |
| Other operating charges | 640/8 | €2,501 | €3,531 | +€1,030 | +41.2% |
| Gross operating margin | 9900 | -€1,799 | €5,627 | +€7,426 | |
| Operating profit (loss) | 9901 | -€47,191 | -€38,411 | +€8,780 | +18.6% |
| Financial income | 75/76B | €1,801 | €26 | -€1,775 | -98.6% |
| Recurring financial income | 75 | €1 | €26 | +€25 | +2,520% |
| Non-recurring financial income | 76B | €1,800 | - | -€1,800 | |
| Financial charges | 65/66B | €4,549 | €11,258 | +€6,709 | +147% |
| Recurring financial charges | 65 | €4,549 | €11,258 | +€6,709 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€49,940 | -€49,644 | +€296 | +0.6% |
| Profit (loss) for the period | 9904 | -€49,940 | -€49,644 | +€296 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,940 | -€49,644 | +€296 | +0.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.