J. BOSKAMP: 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.
J. BOSKAMP
Largest movements
- Receivables within one year +€43,396
up €43,396 (+44.7%), from €97,147 to €140,543
of which Other amounts receivable: +€43,721
- Current investments -€40,000
down €40,000 (-10.5%), from €380,000 to €340,000
- Tangible fixed assets -€10,363
down €10,363 (-21.3%), from €48,605 to €38,242
of which Furniture and vehicles: -€11,552
- Profit (loss) carried forward -€7,976
down €7,976, from €5,973 to -€2,004
- Financial income +€3,042
up €3,042 (+73.3%), from €4,151 to €7,193
- Other operating charges +€860
up €860 (+187%), from €459 to €1,320
- Depreciation +€823
up €823 (+7.0%), from €11,690 to €12,513
- Gross operating margin +€285
up €285 (+25.5%), from -€1,118 to -€833
- Financial charges +€220
up €220 (+110%), from €199 to €418
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 | €531,077 | €522,582 | -€8,495 | -1.6% |
| Fixed assets | 21/28 | €48,605 | €38,242 | -€10,363 | -21.3% |
| Tangible fixed assets | 22/27 | €48,605 | €38,242 | -€10,363 | -21.3% |
| Plant, machinery and equipment | 23 | €1,959 | €3,147 | +€1,189 | +60.7% |
| Furniture and vehicles | 24 | €46,646 | €35,095 | -€11,552 | -24.8% |
| Current assets | 29/58 | €482,472 | €484,340 | +€1,868 | +0.4% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €97,147 | €140,543 | +€43,396 | +44.7% |
| Trade receivables | 40 | €325 | - | -€325 | |
| Other amounts receivable | 41 | €96,822 | €140,543 | +€43,721 | +45.2% |
| Current investments | 50/53 | €380,000 | €340,000 | -€40,000 | -10.5% |
| Cash at bank and in hand | 54/58 | €2,471 | €234 | -€2,237 | -90.5% |
| Deferred charges and accrued income | 490/1 | €355 | €1,063 | +€708 | +200% |
| Total equity and liabilities | 10/49 | €531,077 | €522,582 | -€8,495 | -1.6% |
| Equity | 10/15 | €529,383 | €521,406 | -€7,976 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €504,810 | €504,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €502,950 | €502,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,973 | -€2,004 | -€7,976 | |
| Amounts payable | 17/49 | €1,695 | €1,175 | -€519 | -30.6% |
| Amounts payable within one year | 42/48 | €1,695 | €1,175 | -€519 | -30.6% |
| Financial debts | 43 | €504 | - | -€504 | |
| Credit institutions | 430/8 | €504 | - | -€504 | |
| Trade debts | 44 | €1,141 | €117 | -€1,024 | -89.7% |
| Suppliers | 440/4 | €1,141 | €117 | -€1,024 | -89.7% |
| Taxes, remuneration and social security | 45 | €50 | €1,058 | +€1,008 | +2,016% |
| Taxes | 450/3 | €50 | €58 | +€8 | +16.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,690 | €12,513 | +€823 | +7.0% |
| Other operating charges | 640/8 | €459 | €1,320 | +€860 | +187% |
| Gross operating margin | 9900 | -€1,118 | -€833 | +€285 | +25.5% |
| Operating profit (loss) | 9901 | -€13,268 | -€14,665 | -€1,398 | -10.5% |
| Financial income | 75/76B | €4,151 | €7,193 | +€3,042 | +73.3% |
| Recurring financial income | 75 | €4,151 | €7,193 | +€3,042 | +73.3% |
| Financial charges | 65/66B | €199 | €418 | +€220 | +110% |
| Recurring financial charges | 65 | €199 | €418 | +€220 | +110% |
| Profit (loss) for the period before taxes | 9903 | -€9,316 | -€7,890 | +€1,425 | +15.3% |
| Income taxes | 67/77 | €67 | €86 | +€19 | +27.7% |
| Profit (loss) for the period | 9904 | -€9,383 | -€7,976 | +€1,407 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,383 | -€7,976 | +€1,407 | +15.0% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.