REIZEN 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.
REIZEN BOONE
Largest movements
- Deferred charges and accrued income +€169,178
up €169,178 (+66.4%), from €254,856 to €424,033
- Cash -€157,825
down €157,825 (-69.3%), from €227,654 to €69,828
mainly Deferred charges and accrued income (-€169,178) and Accrued charges and deferred income (-€123,602)
- Receivables within one year -€142,324
down €142,324 (-95.1%), from €149,618 to €7,293
of which Trade receivables: -€141,734
- Accrued charges and deferred income -€123,602
down €123,602 (-57.3%), from €215,633 to €92,032
- Advances received +€76,691
up €76,691 (+30.7%), from €249,740 to €326,432
- Profit (loss) carried forward -€64,880
down €64,880, from €21,027 to -€43,853
- Trade debts -€22,917
down €22,917 (-23.5%), from €97,335 to €74,417
- Gross operating margin -€57,083
down €57,083 (-71.9%), from €79,388 to €22,305
- Financial charges +€2,895
up €2,895 (+50.7%), from €5,708 to €8,603
- Staff costs +€2,626
up €2,626 (+3.7%), from €71,090 to €73,716
- Financial income -€1,034
down €1,034 (-51.4%), from €2,012 to €978
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 | €640,879 | €506,077 | -€134,802 | -21.0% |
| Fixed assets | 21/28 | €8,752 | €4,922 | -€3,830 | -43.8% |
| Tangible fixed assets | 22/27 | €7,502 | €3,672 | -€3,830 | -51.1% |
| Furniture and vehicles | 24 | €6,165 | €3,092 | -€3,073 | -49.8% |
| Other tangible fixed assets | 26 | €1,337 | €579 | -€758 | -56.7% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €632,127 | €501,155 | -€130,972 | -20.7% |
| Amounts receivable within one year | 40/41 | €149,618 | €7,293 | -€142,324 | -95.1% |
| Trade receivables | 40 | €145,913 | €4,179 | -€141,734 | -97.1% |
| Other amounts receivable | 41 | €3,704 | €3,114 | -€590 | -15.9% |
| Cash at bank and in hand | 54/58 | €227,654 | €69,828 | -€157,825 | -69.3% |
| Deferred charges and accrued income | 490/1 | €254,856 | €424,033 | +€169,178 | +66.4% |
| Total equity and liabilities | 10/49 | €640,879 | €506,077 | -€134,802 | -21.0% |
| Equity | 10/15 | €69,140 | €4,260 | -€64,880 | -93.8% |
| Contributions | 10/11 | €33,400 | €33,400 | = | 0.0% |
| Reserves | 13 | €14,713 | €14,713 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €14,713 | €14,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,027 | -€43,853 | -€64,880 | |
| Amounts payable | 17/49 | €571,739 | €501,816 | -€69,922 | -12.2% |
| Amounts payable within one year | 42/48 | €356,106 | €409,785 | +€53,679 | +15.1% |
| Trade debts | 44 | €97,335 | €74,417 | -€22,917 | -23.5% |
| Suppliers | 440/4 | €97,335 | €74,417 | -€22,917 | -23.5% |
| Advances received on contracts in progress | 46 | €249,740 | €326,432 | +€76,691 | +30.7% |
| Taxes, remuneration and social security | 45 | €9,030 | €8,936 | -€95 | -1.0% |
| Taxes | 450/3 | €816 | €427 | -€389 | -47.6% |
| Remuneration and social security | 454/9 | €8,214 | €8,508 | +€294 | +3.6% |
| Accrued charges and deferred income | 492/3 | €215,633 | €92,032 | -€123,602 | -57.3% |
| Remuneration, social security and pensions | 62 | €71,090 | €73,716 | +€2,626 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,385 | €3,830 | +€445 | +13.2% |
| Other operating charges | 640/8 | €1,487 | €1,495 | +€9 | +0.6% |
| Gross operating margin | 9900 | €79,388 | €22,305 | -€57,083 | -71.9% |
| Operating profit (loss) | 9901 | €3,427 | -€56,737 | -€60,164 | |
| Financial income | 75/76B | €2,012 | €978 | -€1,034 | -51.4% |
| Recurring financial income | 75 | €2,012 | €978 | -€1,034 | -51.4% |
| Financial charges | 65/66B | €5,708 | €8,603 | +€2,895 | +50.7% |
| Recurring financial charges | 65 | €5,708 | €8,603 | +€2,895 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | -€269 | -€64,362 | -€64,093 | -23797.1% |
| Income taxes | 67/77 | €579 | €518 | -€61 | -10.5% |
| Profit (loss) for the period | 9904 | -€848 | -€64,880 | -€64,032 | -7552.2% |
| Transfer from tax-exempt reserves | 789 | €784 | €0 | -€784 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€64 | -€64,880 | -€64,816 | -101529.0% |
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 12 October 2026 via checked.be.