DE BOEVER RIK: 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 RIK
Largest movements
- Financial fixed assets +€712,514
new in 2025: €712,514
- Cash -€392,173
down €392,173 (-62.5%), from €627,696 to €235,523
mainly Investment in fixed assets (net) (-€1.0m) and Debts after one year (-€62,625)
- Intangible fixed assets +€163,033
new in 2025: €163,033
- Other debts +€298,735
up €298,735 (+57.0%), from €523,900 to €822,635
- Reserves +€245,146
up €245,146 (+34.1%), from €717,970 to €963,116
- Debts after one year -€62,625
down €62,625 (-17.5%), from €358,391 to €295,766
- Tax, wage and social debts +€40,995
up €40,995 (+90.8%), from €45,145 to €86,140
of which Taxes: +€22,803
- Gross operating margin +€265,108
up €265,108 (+59.1%), from €448,524 to €713,631
- Staff costs +€126,740
up €126,740 (+234%), from €54,088 to €180,828
- Taxes +€28,502
up €28,502 (+32.1%), from €88,692 to €117,195
- Financial income -€13,720
down €13,720 (-94.5%), from €14,511 to €791
- Depreciation +€13,347
up €13,347 (+12.8%), from €104,183 to €117,530
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 | €2,191,861 | €2,706,497 | +€514,636 | +23.5% |
| Fixed assets | 21/28 | €1,536,728 | €2,431,074 | +€894,345 | +58.2% |
| Intangible fixed assets | 21 | - | €163,033 | +€163,033 | |
| Tangible fixed assets | 22/27 | €1,536,728 | €1,555,526 | +€18,798 | +1.2% |
| Land and buildings | 22 | €1,427,512 | €1,383,570 | -€43,942 | -3.1% |
| Plant, machinery and equipment | 23 | €12,546 | €12,532 | -€14 | -0.1% |
| Furniture and vehicles | 24 | €71,226 | €143,008 | +€71,782 | +101% |
| Other tangible fixed assets | 26 | €25,445 | €16,416 | -€9,029 | -35.5% |
| Financial fixed assets | 28 | - | €712,514 | +€712,514 | |
| Current assets | 29/58 | €655,132 | €275,423 | -€379,709 | -58.0% |
| Amounts receivable within one year | 40/41 | €21,414 | €35,876 | +€14,462 | +67.5% |
| Trade receivables | 40 | €21,414 | €35,876 | +€14,462 | +67.5% |
| Cash at bank and in hand | 54/58 | €627,696 | €235,523 | -€392,173 | -62.5% |
| Deferred charges and accrued income | 490/1 | €6,022 | €4,024 | -€1,998 | -33.2% |
| Total equity and liabilities | 10/49 | €2,191,861 | €2,706,497 | +€514,636 | +23.5% |
| Equity | 10/15 | €1,063,499 | €1,308,645 | +€245,146 | +23.1% |
| Contributions | 10/11 | €344,645 | €344,645 | = | 0.0% |
| Reserves | 13 | €717,970 | €963,116 | +€245,146 | +34.1% |
| Distributable reserves | 133 | €717,970 | €963,116 | +€245,146 | +34.1% |
| Profit (loss) carried forward | 14 | €884 | €884 | = | 0.0% |
| Amounts payable | 17/49 | €1,128,361 | €1,397,852 | +€269,490 | +23.9% |
| Amounts payable after more than one year | 17 | €358,391 | €295,766 | -€62,625 | -17.5% |
| Financial debts | 170/4 | €358,391 | €295,766 | -€62,625 | -17.5% |
| Amounts payable within one year | 42/48 | €768,525 | €1,084,581 | +€316,056 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | €61,398 | €62,625 | +€1,228 | +2.0% |
| Financial debts | 43 | €972 | - | -€972 | |
| Credit institutions | 430/8 | €972 | - | -€972 | |
| Trade debts | 44 | €137,111 | €110,357 | -€26,754 | -19.5% |
| Suppliers | 440/4 | €137,111 | €110,357 | -€26,754 | -19.5% |
| Advances received on contracts in progress | 46 | - | €2,825 | +€2,825 | |
| Taxes, remuneration and social security | 45 | €45,145 | €86,140 | +€40,995 | +90.8% |
| Taxes | 450/3 | €14,017 | €36,820 | +€22,803 | +163% |
| Remuneration and social security | 454/9 | €31,128 | €49,320 | +€18,192 | +58.4% |
| Other amounts payable | 47/48 | €523,900 | €822,635 | +€298,735 | +57.0% |
| Accrued charges and deferred income | 492/3 | €1,445 | €17,505 | +€16,060 | +1,111% |
| Remuneration, social security and pensions | 62 | €54,088 | €180,828 | +€126,740 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,183 | €117,530 | +€13,347 | +12.8% |
| Other operating charges | 640/8 | €12,418 | €12,596 | +€179 | +1.4% |
| Non-recurring operating charges | 66A | - | €1,340 | +€1,340 | |
| Gross operating margin | 9900 | €448,524 | €713,631 | +€265,108 | +59.1% |
| Operating profit (loss) | 9901 | €277,835 | €401,337 | +€123,502 | +44.5% |
| Financial income | 75/76B | €14,511 | €791 | -€13,720 | -94.5% |
| Recurring financial income | 75 | €14,511 | €791 | -€13,720 | -94.5% |
| Financial charges | 65/66B | €30,156 | €39,788 | +€9,632 | +31.9% |
| Recurring financial charges | 65 | €30,156 | €39,788 | +€9,632 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €262,190 | €362,340 | +€100,150 | +38.2% |
| Income taxes | 67/77 | €88,692 | €117,195 | +€28,502 | +32.1% |
| Profit (loss) for the period | 9904 | €173,498 | €245,146 | +€71,648 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,498 | €245,146 | +€71,648 | +41.3% |
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 27 October 2026 via checked.be.