Boydens IT: 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 IT
Largest movements
- Current investments +€24,390
new in 2025: €24,390
- Deferred charges and accrued income +€15,400
new in 2025: €15,400
- Cash -€10,406
down €10,406 (-24.0%), from €43,434 to €33,028
mainly Debts after one year (-€28,403) and Current investments (-€24,390)
- Tangible fixed assets -€10,152
down €10,152 (-14.4%), from €70,328 to €60,175
of which Furniture and vehicles: -€11,214
- Reserves +€28,986
up €28,986 (+33.5%), from €86,518 to €115,504
- Debts after one year -€28,403
no longer reported in 2025 (was €28,403)
- Current portion of long-term debt +€18,572
up €18,572 (+189%), from €9,846 to €28,418
- Gross operating margin +€23,548
up €23,548 (+60.2%), from €39,122 to €62,670
- Taxes +€7,773
up €7,773 (+182%), from €4,264 to €12,037
- Depreciation -€7,404
down €7,404 (-31.1%), from €23,838 to €16,434
- Other operating charges +€2,397
up €2,397 (+1,268%), from €189 to €2,587
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 | €138,154 | €157,820 | +€19,666 | +14.2% |
| Fixed assets | 21/28 | €70,328 | €60,175 | -€10,152 | -14.4% |
| Tangible fixed assets | 22/27 | €70,328 | €60,175 | -€10,152 | -14.4% |
| Land and buildings | 22 | €17,345 | €14,968 | -€2,378 | -13.7% |
| Plant, machinery and equipment | 23 | €11,875 | €15,314 | +€3,439 | +29.0% |
| Furniture and vehicles | 24 | €41,107 | €29,893 | -€11,214 | -27.3% |
| Current assets | 29/58 | €67,827 | €97,645 | +€29,818 | +44.0% |
| Amounts receivable within one year | 40/41 | €24,392 | €24,826 | +€434 | +1.8% |
| Trade receivables | 40 | - | €822 | +€822 | |
| Other amounts receivable | 41 | €24,392 | €24,004 | -€389 | -1.6% |
| Current investments | 50/53 | - | €24,390 | +€24,390 | |
| Cash at bank and in hand | 54/58 | €43,434 | €33,028 | -€10,406 | -24.0% |
| Deferred charges and accrued income | 490/1 | - | €15,400 | +€15,400 | |
| Total equity and liabilities | 10/49 | €138,154 | €157,820 | +€19,666 | +14.2% |
| Equity | 10/15 | €94,518 | €123,504 | +€28,986 | +30.7% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €86,518 | €115,504 | +€28,986 | +33.5% |
| Distributable reserves | 133 | €86,518 | €115,504 | +€28,986 | +33.5% |
| Amounts payable | 17/49 | €43,636 | €34,316 | -€9,320 | -21.4% |
| Amounts payable after more than one year | 17 | €28,403 | - | -€28,403 | |
| Financial debts | 170/4 | €28,403 | - | -€28,403 | |
| Amounts payable within one year | 42/48 | €15,233 | €34,316 | +€19,083 | +125% |
| Current portion of amounts payable after more than one year | 42 | €9,846 | €28,418 | +€18,572 | +189% |
| Financial debts | 43 | €53 | €882 | +€829 | +1,568% |
| Credit institutions | 430/8 | €53 | €882 | +€829 | +1,568% |
| Trade debts | 44 | €540 | €414 | -€126 | -23.4% |
| Suppliers | 440/4 | €540 | €414 | -€126 | -23.4% |
| Taxes, remuneration and social security | 45 | €4,794 | €4,602 | -€192 | -4.0% |
| Taxes | 450/3 | - | €1,950 | +€1,950 | |
| Remuneration and social security | 454/9 | €4,794 | €2,651 | -€2,142 | -44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,838 | €16,434 | -€7,404 | -31.1% |
| Other operating charges | 640/8 | €189 | €2,587 | +€2,397 | +1,268% |
| Gross operating margin | 9900 | €39,122 | €62,670 | +€23,548 | +60.2% |
| Operating profit (loss) | 9901 | €15,095 | €43,649 | +€28,554 | +189% |
| Financial income | 75/76B | €2 | €0 | -€2 | -97.1% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -97.1% |
| Financial charges | 65/66B | €2,344 | €2,626 | +€282 | +12.0% |
| Recurring financial charges | 65 | €2,344 | €2,626 | +€282 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €12,753 | €41,023 | +€28,270 | +222% |
| Income taxes | 67/77 | €4,264 | €12,037 | +€7,773 | +182% |
| Profit (loss) for the period | 9904 | €8,489 | €28,986 | +€20,496 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €8,489 | €28,986 | +€20,496 | +241% |
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 13 October 2026 via checked.be.