De Boekuil: 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 Boekuil
Largest movements
- Cash +€14,312
up €14,312 (+77.4%), from €18,498 to €32,810
mainly Depreciation (+€13,949) and Debts after one year (+€13,484)
- Tangible fixed assets -€13,949
down €13,949 (-29.1%), from €47,897 to €33,948
of which Furniture and vehicles: -€12,149
- Stocks and contracts +€10,102
up €10,102 (+3.1%), from €324,706 to €334,808
- Receivables within one year -€7,153
down €7,153 (-91.1%), from €7,851 to €698
of which Trade receivables: -€7,153
- Short-term financial debts -€28,483
down €28,483 (-28.5%), from €100,000 to €71,517
- Debts after one year +€13,484
up €13,484 (+631%), from €2,137 to €15,621
- Advances received +€6,715
up €6,715 (+228%), from €2,951 to €9,666
- Tax, wage and social debts +€6,624
up €6,624 (+64.8%), from €10,217 to €16,841
of which Taxes: +€5,375
- Current portion of long-term debt +€4,398
up €4,398 (+86.6%), from €5,077 to €9,475
- Gross operating margin +€10,571
up €10,571 (+10.2%), from €103,943 to €114,514
- Depreciation +€5,507
up €5,507 (+65.2%), from €8,442 to €13,949
- Staff costs +€3,490
up €3,490 (+7.4%), from €47,085 to €50,575
- Financial charges +€3,186
up €3,186 (+12.0%), from €26,520 to €29,706
of which Financial charges: +€3,179
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 | €399,103 | €402,415 | +€3,312 | +0.8% |
| Fixed assets | 21/28 | €48,048 | €34,099 | -€13,949 | -29.0% |
| Tangible fixed assets | 22/27 | €47,897 | €33,948 | -€13,949 | -29.1% |
| Plant, machinery and equipment | 23 | €3,215 | €1,415 | -€1,800 | -56.0% |
| Furniture and vehicles | 24 | €44,681 | €32,533 | -€12,149 | -27.2% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €351,055 | €368,316 | +€17,261 | +4.9% |
| Stocks and contracts in progress | 3 | €324,706 | €334,808 | +€10,102 | +3.1% |
| Stocks | 30/36 | €324,706 | €334,808 | +€10,102 | +3.1% |
| Amounts receivable within one year | 40/41 | €7,851 | €698 | -€7,153 | -91.1% |
| Trade receivables | 40 | €7,720 | €568 | -€7,153 | -92.6% |
| Other amounts receivable | 41 | €131 | €131 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,498 | €32,810 | +€14,312 | +77.4% |
| Total equity and liabilities | 10/49 | €399,103 | €402,415 | +€3,312 | +0.8% |
| Equity | 10/15 | €153,179 | €156,419 | +€3,239 | +2.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,586 | €4,586 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €2,727 | €2,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,001 | €133,241 | +€3,239 | +2.5% |
| Amounts payable | 17/49 | €245,924 | €245,997 | +€73 | 0.0% |
| Amounts payable after more than one year | 17 | €2,137 | €15,621 | +€13,484 | +631% |
| Financial debts | 170/4 | €2,137 | €15,621 | +€13,484 | +631% |
| Amounts payable within one year | 42/48 | €243,787 | €230,375 | -€13,411 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €5,077 | €9,475 | +€4,398 | +86.6% |
| Financial debts | 43 | €100,000 | €71,517 | -€28,483 | -28.5% |
| Credit institutions | 430/8 | €100,000 | €71,517 | -€28,483 | -28.5% |
| Trade debts | 44 | €18,741 | €18,162 | -€580 | -3.1% |
| Suppliers | 440/4 | €18,741 | €18,162 | -€580 | -3.1% |
| Advances received on contracts in progress | 46 | €2,951 | €9,666 | +€6,715 | +228% |
| Taxes, remuneration and social security | 45 | €10,217 | €16,841 | +€6,624 | +64.8% |
| Taxes | 450/3 | €1,790 | €7,165 | +€5,375 | +300% |
| Remuneration and social security | 454/9 | €8,427 | €9,676 | +€1,249 | +14.8% |
| Other amounts payable | 47/48 | €106,800 | €104,715 | -€2,086 | -2.0% |
| Remuneration, social security and pensions | 62 | €47,085 | €50,575 | +€3,490 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,442 | €13,949 | +€5,507 | +65.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,619 | €2,685 | -€933 | -25.8% |
| Other operating charges | 640/8 | €9,427 | €8,429 | -€998 | -10.6% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €103,943 | €114,514 | +€10,571 | +10.2% |
| Operating profit (loss) | 9901 | €35,370 | €38,876 | +€3,506 | +9.9% |
| Financial income | 75/76B | €93 | €281 | +€188 | +201% |
| Recurring financial income | 75 | €83 | €278 | +€195 | +234% |
| Non-recurring financial income | 76B | €10 | €3 | -€7 | -68.1% |
| Financial charges | 65/66B | €26,520 | €29,706 | +€3,186 | +12.0% |
| Recurring financial charges | 65 | €26,520 | €29,699 | +€3,179 | +12.0% |
| Non-recurring financial charges | 66B | - | €7 | +€7 | |
| Profit (loss) for the period before taxes | 9903 | €8,944 | €9,451 | +€508 | +5.7% |
| Income taxes | 67/77 | €5,741 | €6,212 | +€471 | +8.2% |
| Profit (loss) for the period | 9904 | €3,203 | €3,239 | +€37 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,203 | €3,239 | +€37 | +1.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.