BERTRAND BOUILLET: what changed
BERTRAND BOUILLET
Largest movements
- Cash +€9,504
up €9,504 (+39.5%), from €24,064 to €33,568
mainly Net result for the year (+€14,318) and Tax, wage and social debts (+€4,967)
- Receivables within one year +€4,808
up €4,808 (+19.2%), from €25,034 to €29,841
- Tangible fixed assets +€1,438
up €1,438 (+94.2%), from €1,526 to €2,965
of which Leasing and similar rights: +€2,181
- Reserves +€14,318
up €14,318 (+58.7%), from €24,396 to €38,714
of which Distributable reserves: +€14,318
- Tax, wage and social debts +€4,967
up €4,967 (+110%), from €4,529 to €9,495
- Other debts -€3,527
down €3,527 (-27.7%), from €12,716 to €9,189
- Gross operating margin +€14,185
up €14,185 (+132%), from €10,715 to €24,900
- Taxes +€4,551
up €4,551 (+133%), from €3,416 to €7,967
- Depreciation -€396
down €396 (-33.7%), from €1,172 to €777
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 | €51,143 | €66,770 | +€15,627 | +30.6% |
| Fixed assets | 21/28 | €1,526 | €2,965 | +€1,438 | +94.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,526 | €2,965 | +€1,438 | +94.2% |
| Furniture and vehicles | 24 | €1,526 | €784 | -€743 | -48.7% |
| Leasing and similar rights | 25 | €0 | €2,181 | +€2,181 | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €49,617 | €63,805 | +€14,188 | +28.6% |
| Amounts receivable within one year | 40/41 | €25,034 | €29,841 | +€4,808 | +19.2% |
| Trade receivables | 40 | €25,034 | €29,841 | +€4,808 | +19.2% |
| Cash at bank and in hand | 54/58 | €24,064 | €33,568 | +€9,504 | +39.5% |
| Deferred charges and accrued income | 490/1 | €519 | €396 | -€123 | -23.7% |
| Total equity and liabilities | 10/49 | €51,143 | €66,770 | +€15,627 | +30.6% |
| Equity | 10/15 | €30,596 | €44,914 | +€14,318 | +46.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,396 | €38,714 | +€14,318 | +58.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,536 | €36,854 | +€14,318 | +63.5% |
| Amounts payable | 17/49 | €20,547 | €21,856 | +€1,309 | +6.4% |
| Amounts payable within one year | 42/48 | €20,138 | €21,434 | +€1,296 | +6.4% |
| Trade debts | 44 | €2,893 | €2,749 | -€144 | -5.0% |
| Suppliers | 440/4 | €2,893 | €2,749 | -€144 | -5.0% |
| Taxes, remuneration and social security | 45 | €4,529 | €9,495 | +€4,967 | +110% |
| Taxes | 450/3 | €4,529 | €9,495 | +€4,967 | +110% |
| Other amounts payable | 47/48 | €12,716 | €9,189 | -€3,527 | -27.7% |
| Accrued charges and deferred income | 492/3 | €409 | €421 | +€13 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,172 | €777 | -€396 | -33.7% |
| Other operating charges | 640/8 | €755 | €853 | +€98 | +12.9% |
| Gross operating margin | 9900 | €10,715 | €24,900 | +€14,185 | +132% |
| Operating profit (loss) | 9901 | €8,787 | €23,270 | +€14,483 | +165% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €940 | €986 | +€46 | +4.9% |
| Recurring financial charges | 65 | €940 | €986 | +€46 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €7,847 | €22,284 | +€14,437 | +184% |
| Income taxes | 67/77 | €3,416 | €7,967 | +€4,551 | +133% |
| Profit (loss) for the period | 9904 | €4,432 | €14,318 | +€9,886 | +223% |
| Profit (loss) for the period to be appropriated | 9905 | €4,432 | €14,318 | +€9,886 | +223% |
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 6 November 2026 via checked.be.