Alfons Bouw: 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.
Alfons Bouw
Largest movements
- Tangible fixed assets -€40,219
down €40,219 (-15.7%), from €255,619 to €215,400
of which Furniture and vehicles: -€20,697
- Debts after one year -€114,953
down €114,953 (-18.8%), from €610,163 to €495,211
- Reserves +€102,560
up €102,560 (+49.8%), from €205,978 to €308,538
- Other debts -€29,627
down €29,627 (-5.7%), from €516,918 to €487,291
- Financial income -€79,983
down €79,983 (-40.0%), from €200,002 to €120,019
- Financial charges +€24,532
up €24,532 (+162%), from €15,146 to €39,678
- Depreciation -€8,564
down €8,564 (-17.6%), from €48,784 to €40,219
- Taxes -€682
no longer reported in 2025 (was €682)
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 | €1,418,792 | €1,383,800 | -€34,993 | -2.5% |
| Fixed assets | 21/28 | €1,405,619 | €1,365,400 | -€40,219 | -2.9% |
| Tangible fixed assets | 22/27 | €255,619 | €215,400 | -€40,219 | -15.7% |
| Land and buildings | 22 | €196,943 | €177,421 | -€19,522 | -9.9% |
| Furniture and vehicles | 24 | €58,676 | €37,979 | -€20,697 | -35.3% |
| Financial fixed assets | 28 | €1,150,000 | €1,150,000 | = | 0.0% |
| Current assets | 29/58 | €13,173 | €18,400 | +€5,226 | +39.7% |
| Amounts receivable within one year | 40/41 | €2,000 | €2,000 | = | 0.0% |
| Other amounts receivable | 41 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,864 | €16,217 | +€6,354 | +64.4% |
| Deferred charges and accrued income | 490/1 | €1,309 | €182 | -€1,127 | -86.1% |
| Total equity and liabilities | 10/49 | €1,418,792 | €1,383,800 | -€34,993 | -2.5% |
| Equity | 10/15 | €208,978 | €311,538 | +€102,560 | +49.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €205,978 | €308,538 | +€102,560 | +49.8% |
| Distributable reserves | 133 | €205,978 | €308,538 | +€102,560 | +49.8% |
| Amounts payable | 17/49 | €1,209,815 | €1,072,262 | -€137,553 | -11.4% |
| Amounts payable after more than one year | 17 | €610,163 | €495,211 | -€114,953 | -18.8% |
| Financial debts | 170/4 | €610,163 | €495,211 | -€114,953 | -18.8% |
| Amounts payable within one year | 42/48 | €599,651 | €577,051 | -€22,600 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €77,389 | €80,453 | +€3,064 | +4.0% |
| Trade debts | 44 | €752 | €174 | -€578 | -76.8% |
| Suppliers | 440/4 | €752 | €174 | -€578 | -76.8% |
| Taxes, remuneration and social security | 45 | €4,593 | €9,134 | +€4,541 | +98.9% |
| Taxes | 450/3 | €4,593 | €9,134 | +€4,541 | +98.9% |
| Other amounts payable | 47/48 | €516,918 | €487,291 | -€29,627 | -5.7% |
| Non-recurring operating income | 76A | €2,349 | - | -€2,349 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,784 | €40,219 | -€8,564 | -17.6% |
| Other operating charges | 640/8 | €1,156 | €1,071 | -€85 | -7.3% |
| Gross operating margin | 9900 | €63,058 | €63,510 | +€451 | +0.7% |
| Operating profit (loss) | 9901 | €13,119 | €22,219 | +€9,100 | +69.4% |
| Financial income | 75/76B | €200,002 | €120,019 | -€79,983 | -40.0% |
| Recurring financial income | 75 | €200,002 | €120,019 | -€79,983 | -40.0% |
| Financial charges | 65/66B | €15,146 | €39,678 | +€24,532 | +162% |
| Recurring financial charges | 65 | €15,146 | €39,678 | +€24,532 | +162% |
| Profit (loss) for the period before taxes | 9903 | €197,974 | €102,560 | -€95,415 | -48.2% |
| Income taxes | 67/77 | €682 | - | -€682 | |
| Profit (loss) for the period | 9904 | €197,292 | €102,560 | -€94,732 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €197,292 | €102,560 | -€94,732 | -48.0% |
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 21 October 2026 via checked.be.