DE BOEVER: 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 BOEVER
Largest movements
- Cash +€489,840
up €489,840 (+180.1%), from €272,015 to €761,855
mainly Stocks and contracts (+€408,638) and Net result for the year (+€136,482)
- Stocks and contracts -€408,638
down €408,638 (-76.1%), from €536,769 to €128,131
- Tangible fixed assets -€110,286
down €110,286 (-13.7%), from €802,943 to €692,657
of which Land and buildings: -€73,849
- Receivables within one year +€80,235
up €80,235 (+73.9%), from €108,624 to €188,859
of which Trade receivables: +€96,929
- Debts after one year -€79,762
down €79,762 (-14.2%), from €560,730 to €480,967
- Reserves +€59,200
up €59,200 (+7.8%), from €762,708 to €821,908
of which Distributable reserves: +€59,200
- Trade debts +€57,912
up €57,912 (+168.9%), from €34,279 to €92,191
- Current portion of long-term debt -€29,974
down €29,974 (-22.1%), from €135,828 to €105,854
- Other debts +€28,468
up €28,468 (+57.6%), from €49,437 to €77,906
- Gross operating margin -€134,244
down €134,244 (-26.7%), from €502,307 to €368,063
- Taxes -€42,298
down €42,298 (-39.2%), from €107,799 to €65,501
- Staff costs +€41,036
up €41,036 (+1524.2%), from €2,692 to €43,728
- Depreciation -€40,364
down €40,364 (-26.4%), from €152,617 to €112,252
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.
Cash bridge derived
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 | €1,724,254 | €1,777,231 | +€52,977 | +3.1% |
| Fixed assets | 21/28 | €805,029 | €696,329 | -€108,700 | -13.5% |
| Intangible fixed assets | 21 | €2,086 | €3,672 | +€1,585 | +76.0% |
| Tangible fixed assets | 22/27 | €802,943 | €692,657 | -€110,286 | -13.7% |
| Land and buildings | 22 | €644,524 | €570,674 | -€73,849 | -11.5% |
| Plant, machinery and equipment | 23 | €55,048 | €43,571 | -€11,477 | -20.8% |
| Furniture and vehicles | 24 | €103,371 | €78,412 | -€24,959 | -24.1% |
| Current assets | 29/58 | €919,225 | €1,080,902 | +€161,677 | +17.6% |
| Stocks and contracts in progress | 3 | €536,769 | €128,131 | -€408,638 | -76.1% |
| Stocks | 30/36 | €536,769 | €128,131 | -€408,638 | -76.1% |
| Amounts receivable within one year | 40/41 | €108,624 | €188,859 | +€80,235 | +73.9% |
| Trade receivables | 40 | €87,038 | €183,967 | +€96,929 | +111.4% |
| Other amounts receivable | 41 | €21,586 | €4,892 | -€16,694 | -77.3% |
| Cash at bank and in hand | 54/58 | €272,015 | €761,855 | +€489,840 | +180.1% |
| Deferred charges and accrued income | 490/1 | €1,818 | €2,057 | +€240 | +13.2% |
| Total equity and liabilities | 10/49 | €1,724,254 | €1,777,231 | +€52,977 | +3.1% |
| Equity | 10/15 | €889,812 | €949,493 | +€59,682 | +6.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €762,708 | €821,908 | +€59,200 | +7.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €762,708 | €821,908 | +€59,200 | +7.8% |
| Profit (loss) carried forward | 14 | €27,103 | €27,585 | +€482 | +1.8% |
| Amounts payable | 17/49 | €834,443 | €827,738 | -€6,705 | -0.8% |
| Amounts payable after more than one year | 17 | €560,730 | €480,967 | -€79,762 | -14.2% |
| Financial debts | 170/4 | €560,730 | €480,967 | -€79,762 | -14.2% |
| Amounts payable within one year | 42/48 | €273,713 | €345,261 | +€71,548 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €135,828 | €105,854 | -€29,974 | -22.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €34,279 | €92,191 | +€57,912 | +168.9% |
| Suppliers | 440/4 | €34,279 | €92,191 | +€57,912 | +168.9% |
| Taxes, remuneration and social security | 45 | €54,168 | €69,311 | +€15,142 | +28.0% |
| Taxes | 450/3 | €49,357 | €66,636 | +€17,280 | +35.0% |
| Remuneration and social security | 454/9 | €4,812 | €2,674 | -€2,138 | -44.4% |
| Other amounts payable | 47/48 | €49,437 | €77,906 | +€28,468 | +57.6% |
| Accrued charges and deferred income | 492/3 | - | €1,509 | +€1,509 | |
| Non-recurring operating income | 76A | - | €4,469 | +€4,469 | |
| Remuneration, social security and pensions | 62 | €2,692 | €43,728 | +€41,036 | +1524.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152,617 | €112,252 | -€40,364 | -26.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €596 | +€596 | |
| Other operating charges | 640/8 | €7,147 | €4,140 | -€3,007 | -42.1% |
| Gross operating margin | 9900 | €502,307 | €368,063 | -€134,244 | -26.7% |
| Operating profit (loss) | 9901 | €339,851 | €207,346 | -€132,505 | -39.0% |
| Financial income | 75/76B | €3,924 | €6,607 | +€2,683 | +68.4% |
| Recurring financial income | 75 | €3,924 | €6,607 | +€2,683 | +68.4% |
| Financial charges | 65/66B | €16,068 | €11,970 | -€4,097 | -25.5% |
| Recurring financial charges | 65 | €16,068 | €11,970 | -€4,097 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €327,707 | €201,983 | -€125,725 | -38.4% |
| Income taxes | 67/77 | €107,799 | €65,501 | -€42,298 | -39.2% |
| Profit (loss) for the period | 9904 | €219,908 | €136,482 | -€83,427 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €219,908 | €136,482 | -€83,427 | -37.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.