Lies Boon: 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.
Lies Boon
Largest movements
- Receivables within one year +€96,788
up €96,788 (+59.6%), from €162,503 to €259,291
- Cash -€48,937
down €48,937 (-38.7%), from €126,400 to €77,463
mainly Contributions, distributions and other (-€373,274) and Receivables within one year (-€96,788)
- Tangible fixed assets -€25,860
down €25,860 (-96.1%), from €26,896 to €1,037
of which Plant, machinery and equipment: -€25,289
- Other debts +€301,740
up €301,740 (+935%), from €32,265 to €334,005
- Reserves -€276,856
no longer reported in 2025 (was €276,856)
- Trade debts -€3,979
down €3,979 (-99.6%), from €3,993 to €14
- Gross operating margin -€51,820
down €51,820 (-29.9%), from €173,296 to €121,476
- Taxes -€11,968
down €11,968 (-30.9%), from €38,679 to €26,711
- Depreciation -€1,859
down €1,859 (-76.5%), from €2,430 to €571
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 | €331,714 | €352,619 | +€20,905 | +6.3% |
| Fixed assets | 21/28 | €26,896 | €1,037 | -€25,860 | -96.1% |
| Tangible fixed assets | 22/27 | €26,896 | €1,037 | -€25,860 | -96.1% |
| Plant, machinery and equipment | 23 | €25,289 | - | -€25,289 | |
| Furniture and vehicles | 24 | €1,608 | €1,037 | -€571 | -35.5% |
| Current assets | 29/58 | €304,817 | €351,582 | +€46,765 | +15.3% |
| Amounts receivable within one year | 40/41 | €162,503 | €259,291 | +€96,788 | +59.6% |
| Other amounts receivable | 41 | €162,503 | €259,291 | +€96,788 | +59.6% |
| Cash at bank and in hand | 54/58 | €126,400 | €77,463 | -€48,937 | -38.7% |
| Deferred charges and accrued income | 490/1 | €15,914 | €14,828 | -€1,086 | -6.8% |
| Total equity and liabilities | 10/49 | €331,714 | €352,619 | +€20,905 | +6.3% |
| Equity | 10/15 | €295,456 | €18,600 | -€276,856 | -93.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276,856 | - | -€276,856 | |
| Distributable reserves | 133 | €276,856 | - | -€276,856 | |
| Amounts payable | 17/49 | €36,258 | €334,019 | +€297,761 | +821% |
| Amounts payable within one year | 42/48 | €36,258 | €334,019 | +€297,761 | +821% |
| Trade debts | 44 | €3,993 | €14 | -€3,979 | -99.6% |
| Suppliers | 440/4 | €3,993 | €14 | -€3,979 | -99.6% |
| Other amounts payable | 47/48 | €32,265 | €334,005 | +€301,740 | +935% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,430 | €571 | -€1,859 | -76.5% |
| Other operating charges | 640/8 | €600 | €619 | +€19 | +3.2% |
| Gross operating margin | 9900 | €173,296 | €121,476 | -€51,820 | -29.9% |
| Operating profit (loss) | 9901 | €170,267 | €120,286 | -€49,981 | -29.4% |
| Financial income | 75/76B | €2,991 | €3,066 | +€75 | +2.5% |
| Recurring financial income | 75 | €2,991 | €1,019 | -€1,972 | -65.9% |
| Non-recurring financial income | 76B | - | €2,048 | +€2,048 | |
| Financial charges | 65/66B | €125 | €222 | +€97 | +78.2% |
| Recurring financial charges | 65 | €125 | €222 | +€97 | +78.2% |
| Profit (loss) for the period before taxes | 9903 | €173,133 | €123,130 | -€50,003 | -28.9% |
| Income taxes | 67/77 | €38,679 | €26,711 | -€11,968 | -30.9% |
| Profit (loss) for the period | 9904 | €134,453 | €96,418 | -€38,035 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €134,453 | €96,418 | -€38,035 | -28.3% |
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 15 October 2026 via checked.be.