Michel BOONEN: 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.
Michel BOONEN
Largest movements
- Current investments +€3,466
up €3,466 (+300%), from €1,154 to €4,620
- Other debts +€5,514
up €5,514 (+42.7%), from €12,903 to €18,417
- Profit (loss) carried forward -€2,048
down €2,048 (-48.3%), from -€4,244 to -€6,292
- Other operating charges +€2,048
up €2,048 (+48.3%), from €4,244 to €6,292
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,604 | €21,070 | +€3,466 | +19.7% |
| Fixed assets | 21/28 | €15,290 | €15,290 | = | 0.0% |
| Tangible fixed assets | 22/27 | €15,290 | €15,290 | = | 0.0% |
| Land and buildings | 22 | €1,372 | €1,372 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,650 | €3,650 | = | 0.0% |
| Furniture and vehicles | 24 | €10,268 | €10,268 | = | 0.0% |
| Current assets | 29/58 | €2,314 | €5,780 | +€3,466 | +150% |
| Amounts receivable within one year | 40/41 | €1,160 | €1,160 | = | 0.0% |
| Trade receivables | 40 | €1,160 | €1,160 | = | 0.0% |
| Current investments | 50/53 | €1,154 | €4,620 | +€3,466 | +300% |
| Total equity and liabilities | 10/49 | €17,604 | €21,070 | +€3,466 | +19.7% |
| Equity | 10/15 | €4,701 | €2,653 | -€2,048 | -43.6% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Capital | 10 | €8,676 | €8,676 | = | 0.0% |
| Issued capital | 100 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €269 | €269 | = | 0.0% |
| Non-distributable reserves | 130/1 | €95 | €95 | = | 0.0% |
| Legal reserve | 130 | €95 | €95 | = | 0.0% |
| Distributable reserves | 133 | €174 | €174 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,244 | -€6,292 | -€2,048 | -48.3% |
| Amounts payable | 17/49 | €12,903 | €18,417 | +€5,514 | +42.7% |
| Amounts payable within one year | 42/48 | €12,903 | €18,417 | +€5,514 | +42.7% |
| Other amounts payable | 47/48 | €12,903 | €18,417 | +€5,514 | +42.7% |
| Other operating charges | 640/8 | €4,244 | €6,292 | +€2,048 | +48.3% |
| Operating profit (loss) | 9901 | -€4,244 | -€6,292 | -€2,048 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,244 | -€6,292 | -€2,048 | -48.3% |
| Profit (loss) for the period | 9904 | -€4,244 | -€6,292 | -€2,048 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,244 | -€6,292 | -€2,048 | -48.3% |
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 26 October 2026 via checked.be.