Te Boelaer: 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.
Te Boelaer
Largest movements
- Cash -€253,471
down €253,471 (-92.6%), from €273,765 to €20,294
mainly Other debts (-€212,389) and Trade debts (-€48,793)
- Receivables within one year -€25,173
down €25,173 (-5.9%), from €423,251 to €398,077
- Stocks and contracts +€13,961
new in 2025: €13,961
- Other debts -€212,389
down €212,389 (-45.0%), from €471,563 to €259,174
- Trade debts -€48,793
down €48,793 (-99.1%), from €49,228 to €435
- Gross operating margin -€282,540
down €282,540, from €280,158 to -€2,382
- Taxes -€4,800
no longer reported in 2025 (was €4,800)
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 | €697,111 | €432,332 | -€264,779 | -38.0% |
| Current assets | 29/58 | €697,111 | €432,332 | -€264,779 | -38.0% |
| Stocks and contracts in progress | 3 | - | €13,961 | +€13,961 | |
| Stocks | 30/36 | - | €13,961 | +€13,961 | |
| Amounts receivable within one year | 40/41 | €423,251 | €398,077 | -€25,173 | -5.9% |
| Other amounts receivable | 41 | €423,251 | €398,077 | -€25,173 | -5.9% |
| Cash at bank and in hand | 54/58 | €273,765 | €20,294 | -€253,471 | -92.6% |
| Deferred charges and accrued income | 490/1 | €95 | - | -€95 | |
| Total equity and liabilities | 10/49 | €697,111 | €432,332 | -€264,779 | -38.0% |
| Equity | 10/15 | €176,320 | €172,723 | -€3,597 | -2.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €26,320 | €26,320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €11,320 | €11,320 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,597 | -€3,597 | |
| Amounts payable | 17/49 | €520,791 | €259,609 | -€261,182 | -50.2% |
| Amounts payable within one year | 42/48 | €520,791 | €259,609 | -€261,182 | -50.2% |
| Trade debts | 44 | €49,228 | €435 | -€48,793 | -99.1% |
| Suppliers | 440/4 | €49,228 | €435 | -€48,793 | -99.1% |
| Other amounts payable | 47/48 | €471,563 | €259,174 | -€212,389 | -45.0% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Gross operating margin | 9900 | €280,158 | -€2,382 | -€282,540 | |
| Operating profit (loss) | 9901 | €279,073 | -€3,500 | -€282,573 | |
| Financial income | 75/76B | €1,734 | €148 | -€1,586 | -91.5% |
| Recurring financial income | 75 | €1,734 | €148 | -€1,586 | -91.5% |
| Financial charges | 65/66B | €138 | €245 | +€106 | +76.9% |
| Recurring financial charges | 65 | €138 | €245 | +€106 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €280,668 | -€3,597 | -€284,265 | |
| Income taxes | 67/77 | €4,800 | - | -€4,800 | |
| Profit (loss) for the period | 9904 | €275,868 | -€3,597 | -€279,465 | |
| Profit (loss) for the period to be appropriated | 9905 | €275,868 | -€3,597 | -€279,465 |
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 24 October 2026 via checked.be.