De Boever Holding: 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 Holding
Largest movements
- Receivables within one year +€614,582
up €614,582 (+1,247%), from €49,298 to €663,880
of which Other amounts receivable: +€326,897
- Cash -€17,233
down €17,233 (-36.7%), from €46,893 to €29,660
mainly Receivables within one year (-€614,582) and Debts after one year (-€34,170)
- Tangible fixed assets -€16,053
down €16,053 (-3.3%), from €487,048 to €470,995
- Profit (loss) carried forward +€420,696
up €420,696 (+175%), from €240,096 to €660,792
- Other debts +€213,376
up €213,376 (+259%), from €82,471 to €295,847
- Debts after one year -€34,170
down €34,170 (-10.4%), from €328,225 to €294,055
- Trade debts -€32,725
down €32,725 (-89.6%), from €36,538 to €3,813
- Tax, wage and social debts +€18,167
up €18,167 (+33.1%), from €54,868 to €73,035
of which Taxes: +€20,685
- Financial income +€400,000
new in 2025: €400,000
- Gross operating margin -€134,118
down €134,118 (-71.1%), from €188,710 to €54,592
- Taxes -€34,124
down €34,124 (-79.9%), from €42,688 to €8,564
- Other operating charges -€6,749
down €6,749 (-69.9%), from €9,662 to €2,913
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 | €883,578 | €1,463,870 | +€580,292 | +65.7% |
| Fixed assets | 21/28 | €785,854 | €769,801 | -€16,053 | -2.0% |
| Tangible fixed assets | 22/27 | €487,048 | €470,995 | -€16,053 | -3.3% |
| Land and buildings | 22 | €487,048 | €470,995 | -€16,053 | -3.3% |
| Financial fixed assets | 28 | €298,807 | €298,807 | = | 0.0% |
| Current assets | 29/58 | €97,724 | €694,069 | +€596,345 | +610% |
| Amounts receivable within one year | 40/41 | €49,298 | €663,880 | +€614,582 | +1,247% |
| Trade receivables | 40 | €21,592 | €309,276 | +€287,684 | +1,332% |
| Other amounts receivable | 41 | €27,706 | €354,604 | +€326,897 | +1,180% |
| Cash at bank and in hand | 54/58 | €46,893 | €29,660 | -€17,233 | -36.7% |
| Deferred charges and accrued income | 490/1 | €1,533 | €530 | -€1,004 | -65.5% |
| Total equity and liabilities | 10/49 | €883,578 | €1,463,870 | +€580,292 | +65.7% |
| Equity | 10/15 | €342,254 | €762,950 | +€420,696 | +123% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €82,158 | €82,158 | = | 0.0% |
| Tax-exempt reserves | 132 | €104 | €104 | = | 0.0% |
| Distributable reserves | 133 | €82,055 | €82,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | €240,096 | €660,792 | +€420,696 | +175% |
| Amounts payable | 17/49 | €541,324 | €700,920 | +€159,596 | +29.5% |
| Amounts payable after more than one year | 17 | €328,225 | €294,055 | -€34,170 | -10.4% |
| Financial debts | 170/4 | €328,225 | €294,055 | -€34,170 | -10.4% |
| Amounts payable within one year | 42/48 | €213,099 | €406,865 | +€193,766 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | €39,221 | €34,170 | -€5,052 | -12.9% |
| Trade debts | 44 | €36,538 | €3,813 | -€32,725 | -89.6% |
| Suppliers | 440/4 | €36,538 | €3,813 | -€32,725 | -89.6% |
| Taxes, remuneration and social security | 45 | €54,868 | €73,035 | +€18,167 | +33.1% |
| Taxes | 450/3 | €52,351 | €73,035 | +€20,685 | +39.5% |
| Remuneration and social security | 454/9 | €2,517 | €0 | -€2,517 | -100% |
| Other amounts payable | 47/48 | €82,471 | €295,847 | +€213,376 | +259% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,053 | €16,053 | = | 0.0% |
| Other operating charges | 640/8 | €9,662 | €2,913 | -€6,749 | -69.9% |
| Gross operating margin | 9900 | €188,710 | €54,592 | -€134,118 | -71.1% |
| Operating profit (loss) | 9901 | €162,995 | €35,627 | -€127,368 | -78.1% |
| Financial income | 75/76B | - | €400,000 | +€400,000 | |
| Recurring financial income | 75 | - | €400,000 | +€400,000 | |
| Financial charges | 65/66B | €7,672 | €6,367 | -€1,305 | -17.0% |
| Recurring financial charges | 65 | €7,672 | €6,367 | -€1,305 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €155,323 | €429,260 | +€273,937 | +176% |
| Income taxes | 67/77 | €42,688 | €8,564 | -€34,124 | -79.9% |
| Profit (loss) for the period | 9904 | €112,636 | €420,696 | +€308,060 | +274% |
| Profit (loss) for the period to be appropriated | 9905 | €112,636 | €420,696 | +€308,060 | +274% |
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 24 October 2026 via checked.be.