BOOT: what changed
BOOT
Largest movements
- Tangible fixed assets -€14,519
down €14,519 (-9.6%), from €151,877 to €137,358
- Receivables within one year -€4,420
down €4,420 (-35.3%), from €12,538 to €8,117
of which Trade receivables: -€6,763
- Cash -€3,338
down €3,338 (-56.9%), from €5,863 to €2,526
mainly Debts after one year (-€17,279) and Contributions, distributions and other (-€12,300)
- Debts after one year -€17,279
down €17,279 (-19.2%), from €90,091 to €72,812
- Profit (loss) carried forward -€5,908
down €5,908 (-100.0%), from €5,911 to €3
- Other debts +€5,693
up €5,693 (+104%), from €5,500 to €11,193
- Accrued charges and deferred income -€4,265
down €4,265 (-53.9%), from €7,915 to €3,650
- Trade debts -€1,742
down €1,742 (-48.1%), from €3,624 to €1,882
- Gross operating margin +€2,525
up €2,525 (+9.2%), from €27,310 to €29,835
- Taxes +€2,022
up €2,022 (+1,338%), from €151 to €2,173
- Depreciation -€1,451
down €1,451 (-8.1%), from €17,970 to €16,519
- Other operating charges -€701
down €701 (-29.6%), from €2,371 to €1,670
- Financial charges -€492
down €492 (-13.8%), from €3,572 to €3,080
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,278 | €148,376 | -€21,902 | -12.9% |
| Fixed assets | 21/28 | €151,877 | €137,733 | -€14,144 | -9.3% |
| Tangible fixed assets | 22/27 | €151,877 | €137,358 | -€14,519 | -9.6% |
| Land and buildings | 22 | €151,877 | €137,358 | -€14,519 | -9.6% |
| Financial fixed assets | 28 | - | €375 | +€375 | |
| Current assets | 29/58 | €18,401 | €10,643 | -€7,758 | -42.2% |
| Amounts receivable within one year | 40/41 | €12,538 | €8,117 | -€4,420 | -35.3% |
| Trade receivables | 40 | €12,538 | €5,774 | -€6,763 | -53.9% |
| Other amounts receivable | 41 | - | €2,343 | +€2,343 | |
| Cash at bank and in hand | 54/58 | €5,863 | €2,526 | -€3,338 | -56.9% |
| Total equity and liabilities | 10/49 | €170,278 | €148,376 | -€21,902 | -12.9% |
| Equity | 10/15 | €46,211 | €40,303 | -€5,908 | -12.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,911 | €3 | -€5,908 | -100.0% |
| Amounts payable | 17/49 | €124,068 | €108,074 | -€15,994 | -12.9% |
| Amounts payable after more than one year | 17 | €90,091 | €72,812 | -€17,279 | -19.2% |
| Financial debts | 170/4 | €90,091 | €72,812 | -€17,279 | -19.2% |
| Amounts payable within one year | 42/48 | €26,061 | €31,612 | +€5,551 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €16,776 | €17,279 | +€503 | +3.0% |
| Trade debts | 44 | €3,624 | €1,882 | -€1,742 | -48.1% |
| Suppliers | 440/4 | €3,624 | €1,882 | -€1,742 | -48.1% |
| Taxes, remuneration and social security | 45 | €162 | €1,258 | +€1,097 | +679% |
| Taxes | 450/3 | €162 | €1,258 | +€1,097 | +679% |
| Other amounts payable | 47/48 | €5,500 | €11,193 | +€5,693 | +104% |
| Accrued charges and deferred income | 492/3 | €7,915 | €3,650 | -€4,265 | -53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,970 | €16,519 | -€1,451 | -8.1% |
| Other operating charges | 640/8 | €2,371 | €1,670 | -€701 | -29.6% |
| Gross operating margin | 9900 | €27,310 | €29,835 | +€2,525 | +9.2% |
| Operating profit (loss) | 9901 | €6,968 | €11,645 | +€4,677 | +67.1% |
| Financial charges | 65/66B | €3,572 | €3,080 | -€492 | -13.8% |
| Recurring financial charges | 65 | €3,572 | €3,080 | -€492 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €3,397 | €8,565 | +€5,169 | +152% |
| Income taxes | 67/77 | €151 | €2,173 | +€2,022 | +1,338% |
| Profit (loss) for the period | 9904 | €3,246 | €6,392 | +€3,146 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,246 | €6,392 | +€3,146 | +96.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.