Double Boost: 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.
Double Boost
Largest movements
- Tangible fixed assets +€278,792
new in 2025: €278,792
- Cash -€58,331
down €58,331 (-46.5%), from €125,568 to €67,238
mainly Investment in fixed assets (net) (-€287,633) and Receivables within one year (-€43,166)
- Receivables within one year +€43,166
up €43,166 (+234%), from €18,481 to €61,647
of which Trade receivables: +€43,431
- Debts after one year +€205,749
new in 2025: €205,749
- Reserves +€43,602
up €43,602 (+41.9%), from €104,108 to €147,710
- Current portion of long-term debt +€10,087
new in 2025: €10,087
- Other operating charges +€36,371
up €36,371 (+5,547%), from €656 to €37,027
- Gross operating margin -€25,517
down €25,517 (-18.9%), from €135,297 to €109,780
- Taxes -€17,459
down €17,459 (-58.1%), from €30,028 to €12,569
- Depreciation +€8,842
new in 2025: €8,842
- Financial charges +€7,231
up €7,231 (+1,417%), from €510 to €7,741
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 | €144,800 | €409,662 | +€264,861 | +183% |
| Fixed assets | 21/28 | - | €278,792 | +€278,792 | |
| Tangible fixed assets | 22/27 | - | €278,792 | +€278,792 | |
| Land and buildings | 22 | - | €278,792 | +€278,792 | |
| Current assets | 29/58 | €144,800 | €130,870 | -€13,930 | -9.6% |
| Amounts receivable within one year | 40/41 | €18,481 | €61,647 | +€43,166 | +234% |
| Trade receivables | 40 | €17,899 | €61,329 | +€43,431 | +243% |
| Other amounts receivable | 41 | €582 | €317 | -€264 | -45.4% |
| Cash at bank and in hand | 54/58 | €125,568 | €67,238 | -€58,331 | -46.5% |
| Deferred charges and accrued income | 490/1 | €751 | €1,986 | +€1,234 | +164% |
| Total equity and liabilities | 10/49 | €144,800 | €409,662 | +€264,861 | +183% |
| Equity | 10/15 | €106,608 | €150,210 | +€43,602 | +40.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €104,108 | €147,710 | +€43,602 | +41.9% |
| Distributable reserves | 133 | €104,108 | €147,710 | +€43,602 | +41.9% |
| Amounts payable | 17/49 | €38,192 | €259,452 | +€221,260 | +579% |
| Amounts payable after more than one year | 17 | - | €205,749 | +€205,749 | |
| Financial debts | 170/4 | - | €205,749 | +€205,749 | |
| Amounts payable within one year | 42/48 | €38,192 | €51,334 | +€13,142 | +34.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,087 | +€10,087 | |
| Trade debts | 44 | €370 | €1,430 | +€1,059 | +286% |
| Suppliers | 440/4 | €370 | €1,430 | +€1,059 | +286% |
| Taxes, remuneration and social security | 45 | €31,328 | €33,452 | +€2,124 | +6.8% |
| Taxes | 450/3 | €31,328 | €33,452 | +€2,124 | +6.8% |
| Other amounts payable | 47/48 | €6,494 | €6,366 | -€128 | -2.0% |
| Accrued charges and deferred income | 492/3 | - | €2,369 | +€2,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,842 | +€8,842 | |
| Other operating charges | 640/8 | €656 | €37,027 | +€36,371 | +5,547% |
| Gross operating margin | 9900 | €135,297 | €109,780 | -€25,517 | -18.9% |
| Operating profit (loss) | 9901 | €134,641 | €63,912 | -€70,729 | -52.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -98.0% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -98.0% |
| Financial charges | 65/66B | €510 | €7,741 | +€7,231 | +1,417% |
| Recurring financial charges | 65 | €510 | €7,741 | +€7,231 | +1,417% |
| Profit (loss) for the period before taxes | 9903 | €134,136 | €56,171 | -€77,965 | -58.1% |
| Income taxes | 67/77 | €30,028 | €12,569 | -€17,459 | -58.1% |
| Profit (loss) for the period | 9904 | €104,108 | €43,602 | -€60,507 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €104,108 | €43,602 | -€60,507 | -58.1% |
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 17 October 2026 via checked.be.