DE BOECK MANAGEMENT SERVICES: 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.
DE BOECK MANAGEMENT SERVICES
Largest movements
- Current investments -€18,658
down €18,658 (-23.1%), from €80,827 to €62,170
- Receivables within one year +€15,831
up €15,831 (+245%), from €6,470 to €22,301
of which Other amounts receivable: +€17,800
- Cash +€15,314
up €15,314 (+319%), from €4,806 to €20,120
mainly Current investments (+€18,658) and Depreciation (+€14,338)
- Tangible fixed assets -€12,560
down €12,560 (-25.6%), from €49,150 to €36,591
of which Furniture and vehicles: -€12,384
- Reserves +€5,200
up €5,200 (+5.0%), from €103,300 to €108,500
- Other debts -€2,467
down €2,467 (-20.2%), from €12,203 to €9,736
- Tax, wage and social debts -€1,995
down €1,995 (-26.3%), from €7,576 to €5,580
- Gross operating margin -€30,718
down €30,718 (-75.1%), from €40,923 to €10,205
- Financial income -€17,421
down €17,421 (-59.5%), from €29,272 to €11,851
- Taxes -€12,645
down €12,645 (-94.5%), from €13,377 to €733
- Other operating charges +€733
up €733 (+369%), from €199 to €931
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 | €142,589 | €142,655 | +€65 | 0.0% |
| Fixed assets | 21/28 | €49,150 | €36,591 | -€12,560 | -25.6% |
| Tangible fixed assets | 22/27 | €49,150 | €36,591 | -€12,560 | -25.6% |
| Plant, machinery and equipment | 23 | €1,498 | €1,323 | -€175 | -11.7% |
| Furniture and vehicles | 24 | €47,652 | €35,268 | -€12,384 | -26.0% |
| Current assets | 29/58 | €93,439 | €106,064 | +€12,625 | +13.5% |
| Amounts receivable within one year | 40/41 | €6,470 | €22,301 | +€15,831 | +245% |
| Trade receivables | 40 | €6,470 | €4,501 | -€1,969 | -30.4% |
| Other amounts receivable | 41 | €0 | €17,800 | +€17,800 | |
| Current investments | 50/53 | €80,827 | €62,170 | -€18,658 | -23.1% |
| Cash at bank and in hand | 54/58 | €4,806 | €20,120 | +€15,314 | +319% |
| Deferred charges and accrued income | 490/1 | €1,335 | €1,473 | +€138 | +10.3% |
| Total equity and liabilities | 10/49 | €142,589 | €142,655 | +€65 | 0.0% |
| Equity | 10/15 | €122,077 | €127,180 | +€5,104 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €103,300 | €108,500 | +€5,200 | +5.0% |
| Distributable reserves | 133 | €103,300 | €108,500 | +€5,200 | +5.0% |
| Profit (loss) carried forward | 14 | €177 | €80 | -€96 | -54.5% |
| Amounts payable | 17/49 | €20,513 | €15,474 | -€5,038 | -24.6% |
| Amounts payable within one year | 42/48 | €20,513 | €15,474 | -€5,038 | -24.6% |
| Trade debts | 44 | €734 | €158 | -€576 | -78.5% |
| Suppliers | 440/4 | €734 | €158 | -€576 | -78.5% |
| Taxes, remuneration and social security | 45 | €7,576 | €5,580 | -€1,995 | -26.3% |
| Taxes | 450/3 | €7,576 | €5,580 | -€1,995 | -26.3% |
| Other amounts payable | 47/48 | €12,203 | €9,736 | -€2,467 | -20.2% |
| Non-recurring operating income | 76A | €100 | €0 | -€100 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,275 | €14,338 | +€63 | +0.4% |
| Other operating charges | 640/8 | €199 | €931 | +€733 | +369% |
| Gross operating margin | 9900 | €40,923 | €10,205 | -€30,718 | -75.1% |
| Operating profit (loss) | 9901 | €26,450 | -€5,064 | -€31,514 | |
| Financial income | 75/76B | €29,272 | €11,851 | -€17,421 | -59.5% |
| Recurring financial income | 75 | €29,272 | €11,851 | -€17,421 | -59.5% |
| Financial charges | 65/66B | €854 | €951 | +€97 | +11.3% |
| Recurring financial charges | 65 | €854 | €951 | +€97 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €54,868 | €5,836 | -€49,031 | -89.4% |
| Income taxes | 67/77 | €13,377 | €733 | -€12,645 | -94.5% |
| Profit (loss) for the period | 9904 | €41,490 | €5,104 | -€36,387 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,490 | €5,104 | -€36,387 | -87.7% |
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 29 October 2026 via checked.be.