YVAN BOFFE: 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.
YVAN BOFFE
Largest movements
- Receivables within one year +€9,517
up €9,517 (+36.8%), from €25,863 to €35,381
of which Other amounts receivable: +€5,794
- Stocks and contracts -€5,513
down €5,513 (-52.5%), from €10,500 to €4,987
- Cash -€1,082
down €1,082 (-17.7%), from €6,115 to €5,033
mainly Receivables within one year (-€9,517) and Tax, wage and social debts (-€1,623)
- Tangible fixed assets -€734
down €734 (-35.6%), from €2,061 to €1,326
of which Plant, machinery and equipment: -€497
- Reserves +€2,112
up €2,112 (+9.6%), from €21,919 to €24,031
- Trade debts +€1,764
up €1,764 (+52.6%), from €3,353 to €5,117
- Tax, wage and social debts -€1,623
no longer reported in 2025 (was €1,623)
- Taxes +€825
up €825 (+53.0%), from €1,557 to €2,382
- Gross operating margin +€621
up €621 (+10.6%), from €5,836 to €6,456
- Other operating charges -€419
down €419 (-22.2%), from €1,889 to €1,470
- Financial income +€180
up €180 (+24.3%), from €740 to €920
- Depreciation -€125
down €125 (-10.8%), from €1,148 to €1,024
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 | €46,092 | €48,347 | +€2,255 | +4.9% |
| Fixed assets | 21/28 | €2,578 | €1,874 | -€704 | -27.3% |
| Tangible fixed assets | 22/27 | €2,061 | €1,326 | -€734 | -35.6% |
| Plant, machinery and equipment | 23 | €1,051 | €553 | -€497 | -47.3% |
| Furniture and vehicles | 24 | €1,010 | €773 | -€237 | -23.5% |
| Financial fixed assets | 28 | €518 | €548 | +€30 | +5.8% |
| Current assets | 29/58 | €43,514 | €46,474 | +€2,960 | +6.8% |
| Stocks and contracts in progress | 3 | €10,500 | €4,987 | -€5,513 | -52.5% |
| Stocks | 30/36 | €10,500 | €4,987 | -€5,513 | -52.5% |
| Amounts receivable within one year | 40/41 | €25,863 | €35,381 | +€9,517 | +36.8% |
| Trade receivables | 40 | €9,377 | €13,100 | +€3,723 | +39.7% |
| Other amounts receivable | 41 | €16,487 | €22,281 | +€5,794 | +35.1% |
| Cash at bank and in hand | 54/58 | €6,115 | €5,033 | -€1,082 | -17.7% |
| Deferred charges and accrued income | 490/1 | €1,035 | €1,073 | +€37 | +3.6% |
| Total equity and liabilities | 10/49 | €46,092 | €48,347 | +€2,255 | +4.9% |
| Equity | 10/15 | €40,519 | €42,631 | +€2,112 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,919 | €24,031 | +€2,112 | +9.6% |
| Distributable reserves | 133 | €21,919 | €24,031 | +€2,112 | +9.6% |
| Amounts payable | 17/49 | €5,573 | €5,716 | +€143 | +2.6% |
| Amounts payable within one year | 42/48 | €4,976 | €5,117 | +€141 | +2.8% |
| Trade debts | 44 | €3,353 | €5,117 | +€1,764 | +52.6% |
| Suppliers | 440/4 | €3,353 | €5,117 | +€1,764 | +52.6% |
| Taxes, remuneration and social security | 45 | €1,623 | - | -€1,623 | |
| Taxes | 450/3 | €1,623 | - | -€1,623 | |
| Accrued charges and deferred income | 492/3 | €597 | €599 | +€2 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €1,024 | -€125 | -10.8% |
| Other operating charges | 640/8 | €1,889 | €1,470 | -€419 | -22.2% |
| Gross operating margin | 9900 | €5,836 | €6,456 | +€621 | +10.6% |
| Operating profit (loss) | 9901 | €2,798 | €3,962 | +€1,164 | +41.6% |
| Financial income | 75/76B | €740 | €920 | +€180 | +24.3% |
| Recurring financial income | 75 | €740 | €920 | +€180 | +24.3% |
| Financial charges | 65/66B | €462 | €388 | -€73 | -15.8% |
| Recurring financial charges | 65 | €462 | €319 | -€142 | -30.9% |
| Non-recurring financial charges | 66B | - | €69 | +€69 | |
| Profit (loss) for the period before taxes | 9903 | €3,077 | €4,494 | +€1,417 | +46.1% |
| Income taxes | 67/77 | €1,557 | €2,382 | +€825 | +53.0% |
| Profit (loss) for the period | 9904 | €1,520 | €2,112 | +€592 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,520 | €2,112 | +€592 | +38.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.