Robert Boons: 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.
Robert Boons
Largest movements
- Tangible fixed assets -€14,366
down €14,366 (-4.5%), from €320,986 to €306,621
of which Land and buildings: -€10,527
- Cash +€8,847
up €8,847 (+28.9%), from €30,641 to €39,488
mainly Depreciation (+€14,366) and Deferred charges and accrued income (+€1,855)
- Current investments +€7,393
up €7,393 (+12.2%), from €60,568 to €67,962
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€14,769
up €14,769, from -€5,632 to €9,137
- Financial income +€9,502
up €9,502 (+541%), from €1,755 to €11,257
- Taxes +€3,167
up €3,167 (+2,113%), from €150 to €3,317
- Financial charges +€112
up €112 (+11.1%), from €1,012 to €1,124
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 | €415,947 | €415,271 | -€676 | -0.2% |
| Fixed assets | 21/28 | €320,986 | €306,621 | -€14,366 | -4.5% |
| Tangible fixed assets | 22/27 | €320,986 | €306,621 | -€14,366 | -4.5% |
| Land and buildings | 22 | €313,416 | €302,889 | -€10,527 | -3.4% |
| Furniture and vehicles | 24 | €7,571 | €3,732 | -€3,839 | -50.7% |
| Current assets | 29/58 | €94,960 | €108,650 | +€13,690 | +14.4% |
| Amounts receivable within one year | 40/41 | €1,746 | €1,051 | -€695 | -39.8% |
| Other amounts receivable | 41 | €1,746 | €1,051 | -€695 | -39.8% |
| Current investments | 50/53 | €60,568 | €67,962 | +€7,393 | +12.2% |
| Cash at bank and in hand | 54/58 | €30,641 | €39,488 | +€8,847 | +28.9% |
| Deferred charges and accrued income | 490/1 | €2,005 | €150 | -€1,855 | -92.5% |
| Total equity and liabilities | 10/49 | €415,947 | €415,271 | -€676 | -0.2% |
| Equity | 10/15 | €414,832 | €415,271 | +€439 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,381 | €394,820 | +€439 | +0.1% |
| Amounts payable | 17/49 | €1,115 | - | -€1,115 | |
| Amounts payable within one year | 42/48 | €1,115 | - | -€1,115 | |
| Trade debts | 44 | €715 | - | -€715 | |
| Suppliers | 440/4 | €715 | - | -€715 | |
| Taxes, remuneration and social security | 45 | €400 | - | -€400 | |
| Taxes | 450/3 | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,366 | €14,366 | = | 0.0% |
| Other operating charges | 640/8 | €1,115 | €1,148 | +€33 | +3.0% |
| Gross operating margin | 9900 | -€5,632 | €9,137 | +€14,769 | |
| Operating profit (loss) | 9901 | -€21,112 | -€6,377 | +€14,736 | +69.8% |
| Financial income | 75/76B | €1,755 | €11,257 | +€9,502 | +541% |
| Recurring financial income | 75 | €1,755 | €11,257 | +€9,502 | +541% |
| Financial charges | 65/66B | €1,012 | €1,124 | +€112 | +11.1% |
| Recurring financial charges | 65 | €1,012 | €1,124 | +€112 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,368 | €3,757 | +€24,125 | |
| Income taxes | 67/77 | €150 | €3,317 | +€3,167 | +2,113% |
| Profit (loss) for the period | 9904 | -€20,518 | €439 | +€20,958 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,518 | €439 | +€20,958 |
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 18 October 2026 via checked.be.