BOXBERGER: 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.
BOXBERGER
Largest movements
- Cash -€58,918
down €58,918 (-53.9%), from €109,289 to €50,372
mainly Trade debts (-€77,678) and Receivables within one year (-€51,426)
- Receivables within one year +€51,426
up €51,426 (+8.6%), from €600,583 to €652,009
of which Other amounts receivable: +€480,000
- Other debts +€86,786
up €86,786 (+80.1%), from €108,288 to €195,073
- Trade debts -€77,678
down €77,678 (-15.5%), from €501,465 to €423,787
- Financial charges -€344,990
down €344,990 (-98.6%), from €349,751 to €4,760
- Staff costs +€86,208
up €86,208 (+49.4%), from €174,482 to €260,689
- Gross operating margin +€60,534
up €60,534 (+26.5%), from €228,414 to €288,949
- Other operating charges -€12,623
down €12,623 (-76.7%), from €16,448 to €3,825
- Depreciation -€4,641
down €4,641 (-35.9%), from €12,934 to €8,293
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 | €3,195,168 | €3,203,594 | +€8,426 | +0.3% |
| Fixed assets | 21/28 | €2,323,206 | €2,314,712 | -€8,493 | -0.4% |
| Tangible fixed assets | 22/27 | €78,603 | €70,310 | -€8,293 | -10.6% |
| Land and buildings | 22 | €49,465 | €49,465 | = | 0.0% |
| Furniture and vehicles | 24 | €29,139 | €20,845 | -€8,293 | -28.5% |
| Financial fixed assets | 28 | €2,244,602 | €2,244,402 | -€200 | 0.0% |
| Current assets | 29/58 | €871,963 | €888,882 | +€16,919 | +1.9% |
| Amounts receivable after more than one year | 29 | €157,500 | €157,500 | = | 0.0% |
| Other amounts receivable | 291 | €157,500 | €157,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €600,583 | €652,009 | +€51,426 | +8.6% |
| Trade receivables | 40 | €600,583 | €172,009 | -€428,574 | -71.4% |
| Other amounts receivable | 41 | - | €480,000 | +€480,000 | |
| Cash at bank and in hand | 54/58 | €109,289 | €50,372 | -€58,918 | -53.9% |
| Deferred charges and accrued income | 490/1 | €4,590 | €29,001 | +€24,411 | +532% |
| Total equity and liabilities | 10/49 | €3,195,168 | €3,203,594 | +€8,426 | +0.3% |
| Equity | 10/15 | €2,540,042 | €2,540,178 | +€135 | 0.0% |
| Contributions | 10/11 | €2,651,321 | €2,651,321 | = | 0.0% |
| Capital | 10 | €2,651,321 | €2,651,321 | = | 0.0% |
| Issued capital | 100 | €2,651,321 | €2,651,321 | = | 0.0% |
| Reserves | 13 | €187,779 | €187,779 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,550 | €8,550 | = | 0.0% |
| Legal reserve | 130 | €8,550 | €8,550 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,159 | €28,159 | = | 0.0% |
| Distributable reserves | 133 | €151,070 | €151,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299,058 | -€298,922 | +€135 | 0.0% |
| Amounts payable | 17/49 | €655,126 | €663,416 | +€8,290 | +1.3% |
| Amounts payable within one year | 42/48 | €653,645 | €663,416 | +€9,771 | +1.5% |
| Trade debts | 44 | €501,465 | €423,787 | -€77,678 | -15.5% |
| Suppliers | 440/4 | €501,465 | €423,787 | -€77,678 | -15.5% |
| Taxes, remuneration and social security | 45 | €43,893 | €44,556 | +€663 | +1.5% |
| Taxes | 450/3 | €31,081 | €21,233 | -€9,848 | -31.7% |
| Remuneration and social security | 454/9 | €12,812 | €23,323 | +€10,512 | +82.0% |
| Other amounts payable | 47/48 | €108,288 | €195,073 | +€86,786 | +80.1% |
| Accrued charges and deferred income | 492/3 | €1,481 | - | -€1,481 | |
| Remuneration, social security and pensions | 62 | €174,482 | €260,689 | +€86,208 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,934 | €8,293 | -€4,641 | -35.9% |
| Other operating charges | 640/8 | €16,448 | €3,825 | -€12,623 | -76.7% |
| Non-recurring operating charges | 66A | €1,166 | €1,372 | +€206 | +17.7% |
| Gross operating margin | 9900 | €228,414 | €288,949 | +€60,534 | +26.5% |
| Operating profit (loss) | 9901 | €23,384 | €14,768 | -€8,616 | -36.8% |
| Financial income | 75/76B | €2 | €0 | -€2 | -95.7% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -95.7% |
| Financial charges | 65/66B | €349,751 | €4,760 | -€344,990 | -98.6% |
| Recurring financial charges | 65 | €349,751 | €4,760 | -€344,990 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | -€326,364 | €10,008 | +€336,372 | |
| Income taxes | 67/77 | €8,002 | €9,873 | +€1,871 | +23.4% |
| Profit (loss) for the period | 9904 | -€334,366 | €135 | +€334,502 | |
| Profit (loss) for the period to be appropriated | 9905 | -€334,366 | €135 | +€334,502 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.