BOYU Development: 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.
BOYU Development
Largest movements
- Receivables within one year -€3,062
down €3,062 (-21.1%), from €14,491 to €11,429
of which Other amounts receivable: -€4,684
- Cash -€1,655
down €1,655 (-27.2%), from €6,086 to €4,431
mainly Net result for the year (-€4,248) and Tax, wage and social debts (-€1,465)
- Tangible fixed assets -€797
down €797 (-45.7%), from €1,745 to €948
- Deferred charges and accrued income +€773
up €773 (+39.8%), from €1,941 to €2,714
- Profit (loss) carried forward -€4,248
down €4,248 (-49.7%), from €8,542 to €4,294
- Tax, wage and social debts -€1,465
down €1,465 (-33.8%), from €4,338 to €2,874
of which Remuneration and social security: -€1,323
- Trade debts +€973
up €973 (+28.8%), from €3,373 to €4,345
- Gross operating margin -€3,526
down €3,526, from €438 to -€3,087
- Depreciation -€2,816
down €2,816 (-77.9%), from €3,613 to €797
- Financial income -€558
down €558 (-45.3%), from €1,231 to €673
- Other operating charges +€223
up €223 (+45.7%), from €487 to €710
- Taxes +€149
new in 2025: €149
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 | €24,313 | €19,573 | -€4,740 | -19.5% |
| Fixed assets | 21/28 | €1,795 | €998 | -€797 | -44.4% |
| Tangible fixed assets | 22/27 | €1,745 | €948 | -€797 | -45.7% |
| Furniture and vehicles | 24 | €1,745 | €948 | -€797 | -45.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €22,518 | €18,574 | -€3,943 | -17.5% |
| Amounts receivable within one year | 40/41 | €14,491 | €11,429 | -€3,062 | -21.1% |
| Trade receivables | 40 | €2,005 | €3,628 | +€1,622 | +80.9% |
| Other amounts receivable | 41 | €12,486 | €7,802 | -€4,684 | -37.5% |
| Cash at bank and in hand | 54/58 | €6,086 | €4,431 | -€1,655 | -27.2% |
| Deferred charges and accrued income | 490/1 | €1,941 | €2,714 | +€773 | +39.8% |
| Total equity and liabilities | 10/49 | €24,313 | €19,573 | -€4,740 | -19.5% |
| Equity | 10/15 | €16,602 | €12,354 | -€4,248 | -25.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,542 | €4,294 | -€4,248 | -49.7% |
| Amounts payable | 17/49 | €7,711 | €7,219 | -€492 | -6.4% |
| Amounts payable within one year | 42/48 | €7,711 | €7,219 | -€492 | -6.4% |
| Trade debts | 44 | €3,373 | €4,345 | +€973 | +28.8% |
| Suppliers | 440/4 | €3,373 | €4,345 | +€973 | +28.8% |
| Taxes, remuneration and social security | 45 | €4,338 | €2,874 | -€1,465 | -33.8% |
| Taxes | 450/3 | €3,015 | €2,874 | -€142 | -4.7% |
| Remuneration and social security | 454/9 | €1,323 | - | -€1,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,613 | €797 | -€2,816 | -77.9% |
| Other operating charges | 640/8 | €487 | €710 | +€223 | +45.7% |
| Gross operating margin | 9900 | €438 | -€3,087 | -€3,526 | |
| Operating profit (loss) | 9901 | -€3,661 | -€4,594 | -€933 | -25.5% |
| Financial income | 75/76B | €1,231 | €673 | -€558 | -45.3% |
| Recurring financial income | 75 | €1,231 | €673 | -€558 | -45.3% |
| Financial charges | 65/66B | €117 | €178 | +€61 | +52.4% |
| Recurring financial charges | 65 | €117 | €178 | +€61 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,548 | -€4,099 | -€1,552 | -60.9% |
| Income taxes | 67/77 | - | €149 | +€149 | |
| Profit (loss) for the period | 9904 | -€2,548 | -€4,248 | -€1,701 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,548 | -€4,248 | -€1,701 | -66.8% |
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 14 October 2026 via checked.be.