Edel Boone: 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.
Edel Boone
Largest movements
- Cash +€241,478
up €241,478 (+109.0%), from €221,464 to €462,942
mainly Current investments (+€150,000) and Net result for the year (+€80,647)
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Tangible fixed assets -€11,460
down €11,460 (-32.5%), from €35,209 to €23,750
of which Furniture and vehicles: -€11,304
- Reserves +€80,647
up €80,647 (+21.1%), from €382,522 to €463,169
- Financial income +€8,056
up €8,056 (+1744.4%), from €462 to €8,517
- Gross operating margin -€6,414
down €6,414 (-5.8%), from €111,204 to €104,790
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 | €409,677 | €490,128 | +€80,451 | +19.6% |
| Fixed assets | 21/28 | €35,239 | €23,780 | -€11,460 | -32.5% |
| Tangible fixed assets | 22/27 | €35,209 | €23,750 | -€11,460 | -32.5% |
| Plant, machinery and equipment | 23 | €347 | €192 | -€155 | -44.7% |
| Furniture and vehicles | 24 | €34,862 | €23,558 | -€11,304 | -32.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €374,438 | €466,349 | +€91,911 | +24.5% |
| Amounts receivable after more than one year | 29 | €2,962 | - | -€2,962 | |
| Other amounts receivable | 291 | €2,962 | - | -€2,962 | |
| Amounts receivable within one year | 40/41 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €221,464 | €462,942 | +€241,478 | +109.0% |
| Deferred charges and accrued income | 490/1 | €11 | €1,407 | +€1,396 | +12562.9% |
| Total equity and liabilities | 10/49 | €409,677 | €490,128 | +€80,451 | +19.6% |
| Equity | 10/15 | €401,122 | €481,769 | +€80,647 | +20.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €382,522 | €463,169 | +€80,647 | +21.1% |
| Distributable reserves | 133 | €382,522 | €463,169 | +€80,647 | +21.1% |
| Amounts payable | 17/49 | €8,555 | €8,359 | -€196 | -2.3% |
| Amounts payable within one year | 42/48 | €8,555 | €8,359 | -€196 | -2.3% |
| Trade debts | 44 | €1,543 | €1,212 | -€331 | -21.5% |
| Suppliers | 440/4 | €1,543 | €1,212 | -€331 | -21.5% |
| Taxes, remuneration and social security | 45 | €7,012 | €7,147 | +€136 | +1.9% |
| Taxes | 450/3 | €7,012 | €7,147 | +€136 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,503 | €11,460 | -€43 | -0.4% |
| Other operating charges | 640/8 | €513 | €593 | +€80 | +15.6% |
| Gross operating margin | 9900 | €111,204 | €104,790 | -€6,414 | -5.8% |
| Operating profit (loss) | 9901 | €99,188 | €92,736 | -€6,451 | -6.5% |
| Financial income | 75/76B | €462 | €8,517 | +€8,056 | +1744.4% |
| Recurring financial income | 75 | €462 | €8,517 | +€8,056 | +1744.4% |
| Financial charges | 65/66B | €50 | €51 | +€1 | +1.9% |
| Recurring financial charges | 65 | €50 | €51 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €99,599 | €101,203 | +€1,604 | +1.6% |
| Income taxes | 67/77 | €20,176 | €20,556 | +€379 | +1.9% |
| Profit (loss) for the period | 9904 | €79,423 | €80,647 | +€1,224 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,423 | €80,647 | +€1,224 | +1.5% |
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 9 October 2026 via checked.be.