BOYEN: what changed
Two fiscal 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.
BOYEN
Largest movements
- Cash -€7,313
down €7,313 (-45.6%), from €16,046 to €8,733
mainly Tax, wage and social debts (-€5,605) and Receivables within one year (-€3,485)
- Tangible fixed assets -€4,461
down €4,461 (-23.8%), from €18,705 to €14,244
of which Furniture and vehicles: -€3,594
- Receivables within one year +€3,485
up €3,485 (+95.6%), from €3,647 to €7,132
of which Trade receivables: +€2,927
- Tax, wage and social debts -€5,605
no longer reported in 2024 (was €5,605)
- Profit (loss) carried forward +€3,447
up €3,447 (+60.0%), from €5,749 to €9,196
- Accrued charges and deferred income -€2,964
down €2,964 (-50.0%), from €5,928 to €2,964
- Trade debts -€1,724
no longer reported in 2024 (was €1,724)
- Other debts -€1,339
down €1,339 (-9.0%), from €14,878 to €13,539
- Gross operating margin -€21,926
down €21,926 (-68.1%), from €32,188 to €10,262
- Taxes -€6,164
down €6,164 (-81.1%), from €7,605 to €1,441
- Depreciation +€1,443
up €1,443 (+38.7%), from €3,731 to €5,174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,082 | €31,896 | -€8,186 | -20.4% |
| Fixed assets | 21/28 | €19,915 | €15,454 | -€4,461 | -22.4% |
| Tangible fixed assets | 22/27 | €18,705 | €14,244 | -€4,461 | -23.8% |
| Furniture and vehicles | 24 | €16,598 | €13,004 | -€3,594 | -21.7% |
| Other tangible fixed assets | 26 | €2,107 | €1,240 | -€867 | -41.1% |
| Financial fixed assets | 28 | €1,210 | €1,210 | = | 0.0% |
| Current assets | 29/58 | €20,167 | €16,442 | -€3,725 | -18.5% |
| Amounts receivable within one year | 40/41 | €3,647 | €7,132 | +€3,485 | +95.6% |
| Trade receivables | 40 | €3,647 | €6,574 | +€2,927 | +80.3% |
| Other amounts receivable | 41 | - | €558 | +€558 | |
| Cash at bank and in hand | 54/58 | €16,046 | €8,733 | -€7,313 | -45.6% |
| Deferred charges and accrued income | 490/1 | €474 | €577 | +€103 | +21.7% |
| Total equity and liabilities | 10/49 | €40,082 | €31,896 | -€8,186 | -20.4% |
| Equity | 10/15 | €11,947 | €15,393 | +€3,446 | +28.8% |
| Contributions | 10/11 | €6,198 | €6,197 | -€1 | 0.0% |
| Profit (loss) carried forward | 14 | €5,749 | €9,196 | +€3,447 | +60.0% |
| Amounts payable | 17/49 | €28,135 | €16,503 | -€11,632 | -41.3% |
| Amounts payable within one year | 42/48 | €22,207 | €13,539 | -€8,668 | -39.0% |
| Trade debts | 44 | €1,724 | - | -€1,724 | |
| Suppliers | 440/4 | €1,724 | - | -€1,724 | |
| Taxes, remuneration and social security | 45 | €5,605 | - | -€5,605 | |
| Taxes | 450/3 | €5,605 | - | -€5,605 | |
| Other amounts payable | 47/48 | €14,878 | €13,539 | -€1,339 | -9.0% |
| Accrued charges and deferred income | 492/3 | €5,928 | €2,964 | -€2,964 | -50.0% |
| Non-recurring operating income | 76A | €23,500 | - | -€23,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,731 | €5,174 | +€1,443 | +38.7% |
| Other operating charges | 640/8 | €282 | €96 | -€186 | -66.0% |
| Gross operating margin | 9900 | €32,188 | €10,262 | -€21,926 | -68.1% |
| Operating profit (loss) | 9901 | €28,175 | €4,992 | -€23,183 | -82.3% |
| Financial charges | 65/66B | €194 | €104 | -€90 | -46.4% |
| Recurring financial charges | 65 | €194 | €104 | -€90 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €27,981 | €4,888 | -€23,093 | -82.5% |
| Income taxes | 67/77 | €7,605 | €1,441 | -€6,164 | -81.1% |
| Profit (loss) for the period | 9904 | €20,376 | €3,447 | -€16,929 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,376 | €3,447 | -€16,929 | -83.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.