PATRICK BOONE: what changed
What changed
PATRICK BOONE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€505,400
2024 · €648,622-€143,222
Equity
€1.7m
2024 · €1.8m-€94,600
Cash
€320,419
2024 · €644,674-€324,255
Balance sheet total
€3.2m
2024 · €3.0m+€183,725
Largest movements
Assets
- Tangible fixed assets +€672,789
up €672,789 (+38.1%), from €1.8m to €2.4m
of which Land and buildings: +€703,899
- Cash -€324,255
down €324,255 (-50.3%), from €644,674 to €320,419
mainly Investment in fixed assets (net) (-€777,616) and Contributions, distributions and other (-€600,000)
- Receivables within one year -€164,809
down €164,809 (-40.0%), from €412,428 to €247,619
of which Other amounts receivable: -€164,809
Equity and liabilities
- Debts after one year +€174,612
up €174,612 (+20.7%), from €843,802 to €1.0m
- Profit (loss) carried forward -€94,600
down €94,600 (-6.3%), from €1.5m to €1.4m
- Tax, wage and social debts +€83,721
up €83,721 (+57.8%), from €144,961 to €228,682
Income statement
- Turnover +€1.1m
new in 2025: €1.1m
- Purchases and services +€431,242
new in 2025: €431,242
- Gross operating margin -€260,926
down €260,926 (-25.1%), from €1.0m to €777,967
- Taxes -€155,452
down €155,452 (-52.2%), from €297,801 to €142,349
- Depreciation +€20,738
up €20,738 (+24.7%), from €84,089 to €104,827
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€648,622
Gross operating margin
-€260,926
Depreciation
-€20,738
Other operating charges
+€3,225
Financial income
-€16,354
Financial charges
-€3,881
Taxes
+€155,452
Result 2025
€505,400
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€860,419
Investment
-€777,616
Financing
-€407,058
Cash 2024
€644,674
From operations (derived)
+€860,419
Net result for the year
+€505,400
Depreciation
+€104,827
Receivables within one year
+€164,809
Trade debts
+€1,662
Tax, wage and social debts
+€83,721
Investment (derived)
-€777,616
Investment in fixed assets (net)
-€777,616
Financing
-€407,058
Debts after one year
+€174,612
Current portion of long-term debt
+€18,331
Contributions, distributions and other
-€600,000
Cash 2025
€320,419
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,014,990 | €3,198,715 | +€183,725 | +6.1% |
| Fixed assets | 21/28 | €1,767,888 | €2,440,677 | +€672,789 | +38.1% |
| Tangible fixed assets | 22/27 | €1,767,888 | €2,440,677 | +€672,789 | +38.1% |
| Land and buildings | 22 | €1,661,599 | €2,365,498 | +€703,899 | +42.4% |
| Furniture and vehicles | 24 | €106,289 | €75,179 | -€31,110 | -29.3% |
| Current assets | 29/58 | €1,247,102 | €758,038 | -€489,064 | -39.2% |
| Amounts receivable after more than one year | 29 | €190,000 | €190,000 | = | 0.0% |
| Other amounts receivable | 291 | €190,000 | €190,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €412,428 | €247,619 | -€164,809 | -40.0% |
| Trade receivables | 40 | €2,334 | €2,334 | -€0 | 0.0% |
| Other amounts receivable | 41 | €410,094 | €245,285 | -€164,809 | -40.2% |
| Cash at bank and in hand | 54/58 | €644,674 | €320,419 | -€324,255 | -50.3% |
| Total equity and liabilities | 10/49 | €3,014,990 | €3,198,715 | +€183,725 | +6.1% |
| Equity | 10/15 | €1,817,500 | €1,722,900 | -€94,600 | -5.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | - | €12,400 | +€12,400 | |
| Issued capital | 100 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €296,860 | €296,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €295,000 | €295,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,508,240 | €1,413,640 | -€94,600 | -6.3% |
| Amounts payable | 17/49 | €1,197,490 | €1,475,815 | +€278,325 | +23.2% |
| Amounts payable after more than one year | 17 | €843,802 | €1,018,414 | +€174,612 | +20.7% |
| Financial debts | 170/4 | €843,802 | €1,018,414 | +€174,612 | +20.7% |
| Amounts payable within one year | 42/48 | €353,688 | €457,401 | +€103,713 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €203,202 | €221,533 | +€18,331 | +9.0% |
| Trade debts | 44 | €5,524 | €7,186 | +€1,662 | +30.1% |
| Suppliers | 440/4 | €5,524 | €7,186 | +€1,662 | +30.1% |
| Taxes, remuneration and social security | 45 | €144,961 | €228,682 | +€83,721 | +57.8% |
| Taxes | 450/3 | €144,961 | €228,682 | +€83,721 | +57.8% |
| Turnover | 70 | - | €1,143,396 | +€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €431,242 | +€431,242 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,089 | €104,827 | +€20,738 | +24.7% |
| Other operating charges | 640/8 | €8,103 | €4,878 | -€3,225 | -39.8% |
| Gross operating margin | 9900 | €1,038,893 | €777,967 | -€260,926 | -25.1% |
| Operating profit (loss) | 9901 | €946,701 | €668,262 | -€278,439 | -29.4% |
| Financial income | 75/76B | €33,549 | €17,195 | -€16,354 | -48.7% |
| Recurring financial income | 75 | €33,549 | €17,195 | -€16,354 | -48.7% |
| Financial charges | 65/66B | €33,827 | €37,708 | +€3,881 | +11.5% |
| Recurring financial charges | 65 | €33,827 | €37,708 | +€3,881 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €946,423 | €647,749 | -€298,674 | -31.6% |
| Income taxes | 67/77 | €297,801 | €142,349 | -€155,452 | -52.2% |
| Profit (loss) for the period | 9904 | €648,622 | €505,400 | -€143,222 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €648,622 | €505,400 | -€143,222 | -22.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.