BOYDENS DIRK: 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.
BOYDENS DIRK
Largest movements
- Current investments -€200,000
down €200,000 (-40.0%), from €500,000 to €300,000
- Cash +€115,112
up €115,112 (+443%), from €26,013 to €141,125
mainly Current investments (+€200,000) and Net result for the year (+€45,710)
- Tangible fixed assets -€7,402
down €7,402 (-29.5%), from €25,087 to €17,685
of which Furniture and vehicles: -€5,798
- Other debts -€174,470
down €174,470 (-80.8%), from €215,977 to €41,507
- Reserves +€45,710
up €45,710 (+13.2%), from €345,994 to €391,704
- Tax, wage and social debts +€28,617
up €28,617 (+765%), from €3,741 to €32,358
- Accrued charges and deferred income +€12,205
new in 2025: €12,205
- Financial income +€43,972
up €43,972 (+179,403%), from €25 to €43,996
- Gross operating margin +€20,925
up €20,925 (+67.1%), from €31,207 to €52,132
- Financial charges +€12,199
up €12,199 (+1,104%), from €1,105 to €13,303
- Taxes +€11,588
up €11,588 (+80.9%), from €14,327 to €25,915
- Depreciation +€5,027
up €5,027 (+125%), from €4,027 to €9,054
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 | €576,529 | €484,433 | -€92,096 | -16.0% |
| Fixed assets | 21/28 | €28,087 | €20,685 | -€7,402 | -26.4% |
| Tangible fixed assets | 22/27 | €25,087 | €17,685 | -€7,402 | -29.5% |
| Plant, machinery and equipment | 23 | €8,998 | €7,393 | -€1,604 | -17.8% |
| Furniture and vehicles | 24 | €16,089 | €10,292 | -€5,798 | -36.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €548,441 | €463,747 | -€84,694 | -15.4% |
| Amounts receivable within one year | 40/41 | €18,253 | €20,032 | +€1,779 | +9.7% |
| Trade receivables | 40 | €14,157 | €17,268 | +€3,111 | +22.0% |
| Other amounts receivable | 41 | €4,096 | €2,765 | -€1,332 | -32.5% |
| Current investments | 50/53 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €26,013 | €141,125 | +€115,112 | +443% |
| Deferred charges and accrued income | 490/1 | €4,175 | €2,590 | -€1,585 | -38.0% |
| Total equity and liabilities | 10/49 | €576,529 | €484,433 | -€92,096 | -16.0% |
| Equity | 10/15 | €352,194 | €397,904 | +€45,710 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €345,994 | €391,704 | +€45,710 | +13.2% |
| Distributable reserves | 133 | €345,994 | €391,704 | +€45,710 | +13.2% |
| Amounts payable | 17/49 | €224,335 | €86,529 | -€137,806 | -61.4% |
| Amounts payable within one year | 42/48 | €224,335 | €74,324 | -€150,012 | -66.9% |
| Trade debts | 44 | €4,618 | €458 | -€4,159 | -90.1% |
| Suppliers | 440/4 | €4,618 | €458 | -€4,159 | -90.1% |
| Taxes, remuneration and social security | 45 | €3,741 | €32,358 | +€28,617 | +765% |
| Taxes | 450/3 | €3,741 | €32,358 | +€28,617 | +765% |
| Other amounts payable | 47/48 | €215,977 | €41,507 | -€174,470 | -80.8% |
| Accrued charges and deferred income | 492/3 | - | €12,205 | +€12,205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,027 | €9,054 | +€5,027 | +125% |
| Other operating charges | 640/8 | €1,212 | €2,146 | +€934 | +77.0% |
| Gross operating margin | 9900 | €31,207 | €52,132 | +€20,925 | +67.1% |
| Operating profit (loss) | 9901 | €25,968 | €40,933 | +€14,965 | +57.6% |
| Financial income | 75/76B | €25 | €43,996 | +€43,972 | +179,403% |
| Recurring financial income | 75 | €25 | €43,996 | +€43,972 | +179,403% |
| Financial charges | 65/66B | €1,105 | €13,303 | +€12,199 | +1,104% |
| Recurring financial charges | 65 | €1,105 | €13,303 | +€12,199 | +1,104% |
| Profit (loss) for the period before taxes | 9903 | €24,887 | €71,625 | +€46,738 | +188% |
| Income taxes | 67/77 | €14,327 | €25,915 | +€11,588 | +80.9% |
| Profit (loss) for the period | 9904 | €10,561 | €45,710 | +€35,150 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €10,561 | €45,710 | +€35,150 | +333% |
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 17 October 2026 via checked.be.