BOULEVARD: what changed
Two fiscal 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.
BOULEVARD
Largest movements
- Receivables within one year +€241,191
up €241,191 (+30.7%), from €786,911 to €1.0m
of which Other amounts receivable: +€230,320
- Debts after one year +€715,863
up €715,863 (+104.5%), from €685,000 to €1.4m
- Other debts -€256,054
down €256,054 (-40.2%), from €637,572 to €381,518
- Profit (loss) carried forward -€162,834
down €162,834 (-27.6%), from -€589,484 to -€752,318
- Tax, wage and social debts -€46,910
down €46,910 (-99.3%), from €47,263 to €353
of which Taxes: -€42,910
- Trade debts -€14,834
down €14,834 (-68.8%), from €21,560 to €6,726
- Gross operating margin -€454,253
down €454,253 (-86.8%), from €523,399 to €69,146
- Write-downs -€438,127
down €438,127 (-65.7%), from €666,733 to €228,606
- Financial charges -€13,000
down €13,000 (-94.5%), from €13,751 to €751
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €863,927 | €1,099,160 | +€235,233 | +27.2% |
| Fixed assets | 21/28 | €65,930 | €65,930 | = | 0.0% |
| Financial fixed assets | 28 | €65,930 | €65,930 | = | 0.0% |
| Current assets | 29/58 | €797,998 | €1,033,230 | +€235,233 | +29.5% |
| Amounts receivable within one year | 40/41 | €786,911 | €1,028,102 | +€241,191 | +30.7% |
| Trade receivables | 40 | €190,963 | €201,834 | +€10,871 | +5.7% |
| Other amounts receivable | 41 | €595,948 | €826,268 | +€230,320 | +38.6% |
| Cash at bank and in hand | 54/58 | €11,086 | €5,128 | -€5,958 | -53.7% |
| Total equity and liabilities | 10/49 | €863,927 | €1,099,160 | +€235,233 | +27.2% |
| Equity | 10/15 | -€539,484 | -€702,318 | -€162,834 | -30.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€589,484 | -€752,318 | -€162,834 | -27.6% |
| Amounts payable | 17/49 | €1,403,411 | €1,801,477 | +€398,066 | +28.4% |
| Amounts payable after more than one year | 17 | €685,000 | €1,400,863 | +€715,863 | +104.5% |
| Financial debts | 170/4 | €685,000 | €1,400,863 | +€715,863 | +104.5% |
| Amounts payable within one year | 42/48 | €706,395 | €388,598 | -€317,797 | -45.0% |
| Trade debts | 44 | €21,560 | €6,726 | -€14,834 | -68.8% |
| Suppliers | 440/4 | €21,560 | €6,726 | -€14,834 | -68.8% |
| Taxes, remuneration and social security | 45 | €47,263 | €353 | -€46,910 | -99.3% |
| Taxes | 450/3 | €43,263 | €353 | -€42,910 | -99.2% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €637,572 | €381,518 | -€256,054 | -40.2% |
| Accrued charges and deferred income | 492/3 | €12,016 | €12,016 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €666,733 | €228,606 | -€438,127 | -65.7% |
| Other operating charges | 640/8 | €2,125 | €2,134 | +€9 | +0.4% |
| Gross operating margin | 9900 | €523,399 | €69,146 | -€454,253 | -86.8% |
| Operating profit (loss) | 9901 | -€145,460 | -€161,594 | -€16,135 | -11.1% |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €13,751 | €751 | -€13,000 | -94.5% |
| Recurring financial charges | 65 | €13,751 | €751 | -€13,000 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | -€159,211 | -€162,302 | -€3,091 | -1.9% |
| Income taxes | 67/77 | €542 | €532 | -€10 | -1.9% |
| Profit (loss) for the period | 9904 | -€159,753 | -€162,834 | -€3,080 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€159,753 | -€162,834 | -€3,080 | -1.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.