AR - BOUW 98: 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.
AR - BOUW 98
Largest movements
- Cash +€21,190
up €21,190 (+22.8%), from €93,034 to €114,224
mainly Net result for the year (+€29,300) and Depreciation (+€14,282)
- Stocks and contracts +€14,900
up €14,900 (+99.7%), from €14,950 to €29,850
- Tangible fixed assets -€8,534
down €8,534 (-34.0%), from €25,089 to €16,555
of which Furniture and vehicles: -€5,600
- Receivables within one year -€4,847
down €4,847 (-72.2%), from €6,718 to €1,870
of which Trade receivables: -€5,672
- Reserves +€27,634
up €27,634 (+35.5%), from €77,839 to €105,474
- Trade debts -€3,416
down €3,416 (-97.1%), from €3,516 to €100
- Advances received -€1,740
down €1,740 (-100%), from €1,740 to €0
- Gross operating margin -€1,569
down €1,569 (-2.6%), from €61,093 to €59,524
- Depreciation -€1,272
down €1,272 (-8.2%), from €15,553 to €14,282
- Other operating charges +€916
up €916 (+49.5%), from €1,850 to €2,766
- Taxes -€627
down €627 (-4.3%), from €14,574 to €13,946
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 | €139,791 | €162,499 | +€22,709 | +16.2% |
| Fixed assets | 21/28 | €25,089 | €16,555 | -€8,534 | -34.0% |
| Tangible fixed assets | 22/27 | €25,089 | €16,555 | -€8,534 | -34.0% |
| Land and buildings | 22 | €8,215 | €5,925 | -€2,290 | -27.9% |
| Plant, machinery and equipment | 23 | €8,120 | €7,476 | -€643 | -7.9% |
| Furniture and vehicles | 24 | €8,754 | €3,153 | -€5,600 | -64.0% |
| Current assets | 29/58 | €114,702 | €145,945 | +€31,243 | +27.2% |
| Stocks and contracts in progress | 3 | €14,950 | €29,850 | +€14,900 | +99.7% |
| Stocks | 30/36 | €14,950 | €29,850 | +€14,900 | +99.7% |
| Amounts receivable within one year | 40/41 | €6,718 | €1,870 | -€4,847 | -72.2% |
| Trade receivables | 40 | €6,222 | €550 | -€5,672 | -91.2% |
| Other amounts receivable | 41 | €496 | €1,320 | +€824 | +166% |
| Cash at bank and in hand | 54/58 | €93,034 | €114,224 | +€21,190 | +22.8% |
| Total equity and liabilities | 10/49 | €139,791 | €162,499 | +€22,709 | +16.2% |
| Equity | 10/15 | €131,431 | €159,066 | +€27,634 | +21.0% |
| Contributions | 10/11 | €53,592 | €53,592 | = | 0.0% |
| Reserves | 13 | €77,839 | €105,474 | +€27,634 | +35.5% |
| Distributable reserves | 133 | €77,839 | €105,474 | +€27,634 | +35.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,360 | €3,434 | -€4,926 | -58.9% |
| Amounts payable within one year | 42/48 | €8,360 | €3,434 | -€4,926 | -58.9% |
| Trade debts | 44 | €3,516 | €100 | -€3,416 | -97.1% |
| Suppliers | 440/4 | €3,516 | €100 | -€3,416 | -97.1% |
| Advances received on contracts in progress | 46 | €1,740 | €0 | -€1,740 | -100% |
| Taxes, remuneration and social security | 45 | €1,438 | €1,667 | +€230 | +16.0% |
| Taxes | 450/3 | €1,438 | €1,667 | +€230 | +16.0% |
| Other amounts payable | 47/48 | €1,666 | €1,666 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,553 | €14,282 | -€1,272 | -8.2% |
| Other operating charges | 640/8 | €1,850 | €2,766 | +€916 | +49.5% |
| Gross operating margin | 9900 | €61,093 | €59,524 | -€1,569 | -2.6% |
| Operating profit (loss) | 9901 | €43,690 | €42,476 | -€1,214 | -2.8% |
| Financial income | 75/76B | €901 | €889 | -€12 | -1.3% |
| Recurring financial income | 75 | €901 | €889 | -€12 | -1.3% |
| Financial charges | 65/66B | €102 | €119 | +€17 | +16.7% |
| Recurring financial charges | 65 | €102 | €119 | +€17 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €44,490 | €43,247 | -€1,243 | -2.8% |
| Income taxes | 67/77 | €14,574 | €13,946 | -€627 | -4.3% |
| Profit (loss) for the period | 9904 | €29,916 | €29,300 | -€615 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,916 | €29,300 | -€615 | -2.1% |
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 30 October 2026 via checked.be.