BLATON EN BOUCKAERT: 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.
BLATON EN BOUCKAERT
Largest movements
- Cash +€53,312
up €53,312 (+354%), from €15,079 to €68,391
mainly Net result for the year (+€31,543) and Receivables within one year (+€23,438)
- Receivables within one year -€23,438
down €23,438 (-35.5%), from €66,110 to €42,672
of which Trade receivables: -€26,666
- Tangible fixed assets -€10,048
down €10,048 (-17.5%), from €57,367 to €47,319
of which Furniture and vehicles: -€6,144
- Stocks and contracts -€4,885
down €4,885 (-3.4%), from €142,844 to €137,959
- Deferred charges and accrued income +€3,305
up €3,305, from €0 to €3,305
- Reserves +€31,543
up €31,543 (+25.4%), from €124,276 to €155,819
- Trade debts -€26,296
down €26,296 (-83.6%), from €31,437 to €5,141
- Tax, wage and social debts +€18,458
up €18,458 (+191%), from €9,677 to €28,135
of which Taxes: +€18,569
- Debts after one year -€5,818
down €5,818 (-29.2%), from €19,925 to €14,107
- Gross operating margin +€44,822
up €44,822 (+180%), from €24,895 to €69,717
- Taxes +€15,955
up €15,955 (+760%), from €2,101 to €18,056
- Staff costs -€2,633
down €2,633 (-36.2%), from €7,282 to €4,650
- Other operating charges -€892
down €892 (-21.3%), from €4,191 to €3,299
- Financial charges +€734
up €734 (+48.1%), from €1,527 to €2,261
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 | €281,400 | €299,646 | +€18,246 | +6.5% |
| Fixed assets | 21/28 | €57,367 | €47,319 | -€10,048 | -17.5% |
| Tangible fixed assets | 22/27 | €57,367 | €47,319 | -€10,048 | -17.5% |
| Land and buildings | 22 | €15,494 | €15,188 | -€306 | -2.0% |
| Plant, machinery and equipment | 23 | €16,796 | €13,198 | -€3,598 | -21.4% |
| Furniture and vehicles | 24 | €25,076 | €18,932 | -€6,144 | -24.5% |
| Current assets | 29/58 | €224,034 | €252,327 | +€28,294 | +12.6% |
| Stocks and contracts in progress | 3 | €142,844 | €137,959 | -€4,885 | -3.4% |
| Stocks | 30/36 | €142,844 | €137,959 | -€4,885 | -3.4% |
| Amounts receivable within one year | 40/41 | €66,110 | €42,672 | -€23,438 | -35.5% |
| Trade receivables | 40 | €54,521 | €27,855 | -€26,666 | -48.9% |
| Other amounts receivable | 41 | €11,589 | €14,817 | +€3,228 | +27.9% |
| Cash at bank and in hand | 54/58 | €15,079 | €68,391 | +€53,312 | +354% |
| Deferred charges and accrued income | 490/1 | €0 | €3,305 | +€3,305 | |
| Total equity and liabilities | 10/49 | €281,400 | €299,646 | +€18,246 | +6.5% |
| Equity | 10/15 | €213,617 | €245,160 | +€31,543 | +14.8% |
| Contributions | 10/11 | €89,341 | €89,341 | = | 0.0% |
| Reserves | 13 | €124,276 | €155,819 | +€31,543 | +25.4% |
| Distributable reserves | 133 | €124,276 | €155,819 | +€31,543 | +25.4% |
| Amounts payable | 17/49 | €67,783 | €54,486 | -€13,297 | -19.6% |
| Amounts payable after more than one year | 17 | €19,925 | €14,107 | -€5,818 | -29.2% |
| Financial debts | 170/4 | €19,925 | €14,107 | -€5,818 | -29.2% |
| Amounts payable within one year | 42/48 | €47,858 | €40,379 | -€7,479 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €6,744 | €5,818 | -€926 | -13.7% |
| Financial debts | 43 | €0 | €675 | +€675 | |
| Credit institutions | 430/8 | €0 | €675 | +€675 | |
| Trade debts | 44 | €31,437 | €5,141 | -€26,296 | -83.6% |
| Suppliers | 440/4 | €31,437 | €5,141 | -€26,296 | -83.6% |
| Advances received on contracts in progress | 46 | - | €610 | +€610 | |
| Taxes, remuneration and social security | 45 | €9,677 | €28,135 | +€18,458 | +191% |
| Taxes | 450/3 | €6,912 | €25,481 | +€18,569 | +269% |
| Remuneration and social security | 454/9 | €2,765 | €2,654 | -€111 | -4.0% |
| Remuneration, social security and pensions | 62 | €7,282 | €4,650 | -€2,633 | -36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,233 | €10,420 | +€186 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €109 | €0 | -€109 | -100% |
| Other operating charges | 640/8 | €4,191 | €3,299 | -€892 | -21.3% |
| Gross operating margin | 9900 | €24,895 | €69,717 | +€44,822 | +180% |
| Operating profit (loss) | 9901 | €3,079 | €51,349 | +€48,270 | +1,568% |
| Financial income | 75/76B | €152 | €510 | +€359 | +236% |
| Recurring financial income | 75 | €152 | €510 | +€359 | +236% |
| Financial charges | 65/66B | €1,527 | €2,261 | +€734 | +48.1% |
| Recurring financial charges | 65 | €1,527 | €2,261 | +€734 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €1,704 | €49,599 | +€47,895 | +2,811% |
| Income taxes | 67/77 | €2,101 | €18,056 | +€15,955 | +760% |
| Profit (loss) for the period | 9904 | -€397 | €31,543 | +€31,940 | |
| Profit (loss) for the period to be appropriated | 9905 | -€397 | €31,543 | +€31,940 |
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 31 October 2026 via checked.be.