Boulup: 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.
Boulup
Largest movements
- Tangible fixed assets -€9,544
down €9,544 (-11.6%), from €82,139 to €72,595
of which Leasing and similar rights: -€16,994
- Cash +€3,382
up €3,382 (+101.0%), from €3,348 to €6,730
mainly Depreciation (+€17,312) and Trade debts (+€2,827)
- Receivables within one year +€1,213
up €1,213 (+14.0%), from €8,635 to €9,848
of which Other amounts receivable: +€1,868
- Debts after one year -€9,240
down €9,240 (-18.5%), from €49,973 to €40,732
- Trade debts +€2,827
up €2,827 (+362.5%), from €780 to €3,607
- Tax, wage and social debts +€2,477
up €2,477 (+79.1%), from €3,130 to €5,607
of which Remuneration and social security: +€2,500
- Profit (loss) carried forward -€2,272
down €2,272 (-55.3%), from €4,110 to €1,838
- Depreciation +€17,312
new in 2025: €17,312
- Turnover +€10,838
up €10,838 (+17.6%), from €61,453 to €72,291
- Gross operating margin +€7,594
up €7,594 (+59.1%), from €12,856 to €20,450
- Staff costs -€3,047
no longer reported in 2025 (was €3,047)
- Purchases and services +€2,625
up €2,625 (+4.6%), from €57,609 to €60,234
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 | €95,077 | €89,894 | -€5,184 | -5.5% |
| Formation expenses | 20 | €955 | €721 | -€234 | -24.5% |
| Fixed assets | 21/28 | €82,139 | €72,595 | -€9,544 | -11.6% |
| Tangible fixed assets | 22/27 | €82,139 | €72,595 | -€9,544 | -11.6% |
| Furniture and vehicles | 24 | - | €7,450 | +€7,450 | |
| Leasing and similar rights | 25 | €82,139 | €65,144 | -€16,994 | -20.7% |
| Current assets | 29/58 | €11,983 | €16,578 | +€4,595 | +38.3% |
| Amounts receivable within one year | 40/41 | €8,635 | €9,848 | +€1,213 | +14.0% |
| Trade receivables | 40 | €8,635 | €7,980 | -€655 | -7.6% |
| Other amounts receivable | 41 | - | €1,868 | +€1,868 | |
| Cash at bank and in hand | 54/58 | €3,348 | €6,730 | +€3,382 | +101.0% |
| Total equity and liabilities | 10/49 | €95,077 | €89,894 | -€5,184 | -5.5% |
| Equity | 10/15 | €4,110 | €1,838 | -€2,272 | -55.3% |
| Profit (loss) carried forward | 14 | €4,110 | €1,838 | -€2,272 | -55.3% |
| Amounts payable | 17/49 | €90,967 | €88,056 | -€2,911 | -3.2% |
| Amounts payable after more than one year | 17 | €49,973 | €40,732 | -€9,240 | -18.5% |
| Financial debts | 170/4 | €49,973 | €40,732 | -€9,240 | -18.5% |
| Amounts payable within one year | 42/48 | €40,995 | €47,323 | +€6,329 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €8,923 | €9,240 | +€317 | +3.6% |
| Trade debts | 44 | €780 | €3,607 | +€2,827 | +362.5% |
| Suppliers | 440/4 | €780 | €3,607 | +€2,827 | +362.5% |
| Taxes, remuneration and social security | 45 | €3,130 | €5,607 | +€2,477 | +79.1% |
| Taxes | 450/3 | €3,130 | €3,107 | -€23 | -0.7% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €28,161 | €28,870 | +€708 | +2.5% |
| Turnover | 70 | €61,453 | €72,291 | +€10,838 | +17.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €57,609 | €60,234 | +€2,625 | +4.6% |
| Remuneration, social security and pensions | 62 | €3,047 | - | -€3,047 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,312 | +€17,312 | |
| Other operating charges | 640/8 | €3,342 | €1,912 | -€1,431 | -42.8% |
| Gross operating margin | 9900 | €12,856 | €20,450 | +€7,594 | +59.1% |
| Operating profit (loss) | 9901 | €6,467 | €1,226 | -€5,240 | -81.0% |
| Financial charges | 65/66B | €858 | €3,366 | +€2,508 | +292.3% |
| Recurring financial charges | 65 | €858 | €3,366 | +€2,508 | +292.3% |
| Profit (loss) for the period before taxes | 9903 | €5,608 | -€2,140 | -€7,749 | |
| Income taxes | 67/77 | €1,498 | €132 | -€1,366 | -91.2% |
| Profit (loss) for the period | 9904 | €4,110 | -€2,272 | -€6,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,110 | -€2,272 | -€6,382 |
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.