BOYAN: 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.
BOYAN
Largest movements
- Receivables within one year -€17,911
down €17,911 (-93.9%), from €19,071 to €1,161
of which Trade receivables: -€17,922
- Stocks and contracts +€1,987
new in 2025: €1,987
- Tax, wage and social debts -€8,635
down €8,635 (-95.1%), from €9,080 to €445
- Reserves -€4,088
down €4,088 (-41.8%), from €9,772 to €5,684
- Other debts -€2,789
down €2,789 (-100%), from €2,789 to €0
- Trade debts -€741
down €741 (-98.0%), from €756 to €15
- Accrued charges and deferred income +€400
up €400, from €0 to €400
- Gross operating margin -€11,626
down €11,626, from €8,476 to -€3,149
- Taxes -€1,558
down €1,558 (-100%), from €1,558 to €0
- Other operating charges +€190
up €190 (+33.4%), from €569 to €759
- Financial charges +€89
up €89 (+75.4%), from €118 to €207
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 | €22,797 | €6,944 | -€15,853 | -69.5% |
| Current assets | 29/58 | €22,797 | €6,944 | -€15,853 | -69.5% |
| Stocks and contracts in progress | 3 | - | €1,987 | +€1,987 | |
| Stocks | 30/36 | - | €1,987 | +€1,987 | |
| Amounts receivable within one year | 40/41 | €19,071 | €1,161 | -€17,911 | -93.9% |
| Trade receivables | 40 | €19,071 | €1,150 | -€17,922 | -94.0% |
| Other amounts receivable | 41 | €0 | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €3,726 | €3,618 | -€108 | -2.9% |
| Deferred charges and accrued income | 490/1 | €0 | €179 | +€179 | |
| Total equity and liabilities | 10/49 | €22,797 | €6,944 | -€15,853 | -69.5% |
| Equity | 10/15 | €10,172 | €6,084 | -€4,088 | -40.2% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €9,772 | €5,684 | -€4,088 | -41.8% |
| Distributable reserves | 133 | €9,772 | €5,684 | -€4,088 | -41.8% |
| Amounts payable | 17/49 | €12,626 | €860 | -€11,765 | -93.2% |
| Amounts payable within one year | 42/48 | €12,626 | €460 | -€12,165 | -96.4% |
| Trade debts | 44 | €756 | €15 | -€741 | -98.0% |
| Suppliers | 440/4 | €756 | €15 | -€741 | -98.0% |
| Taxes, remuneration and social security | 45 | €9,080 | €445 | -€8,635 | -95.1% |
| Taxes | 450/3 | €9,080 | €445 | -€8,635 | -95.1% |
| Other amounts payable | 47/48 | €2,789 | €0 | -€2,789 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €400 | +€400 | |
| Other operating charges | 640/8 | €569 | €759 | +€190 | +33.4% |
| Gross operating margin | 9900 | €8,476 | -€3,149 | -€11,626 | |
| Operating profit (loss) | 9901 | €7,907 | -€3,909 | -€11,816 | |
| Financial income | 75/76B | €0 | €28 | +€28 | |
| Recurring financial income | 75 | €0 | €28 | +€28 | |
| Financial charges | 65/66B | €118 | €207 | +€89 | +75.4% |
| Recurring financial charges | 65 | €118 | €207 | +€89 | +75.4% |
| Profit (loss) for the period before taxes | 9903 | €7,789 | -€4,088 | -€11,877 | |
| Income taxes | 67/77 | €1,558 | €0 | -€1,558 | -100% |
| Profit (loss) for the period | 9904 | €6,231 | -€4,088 | -€10,319 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,231 | -€4,088 | -€10,319 |
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 15 October 2026 via checked.be.