Boec'HOUT': 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.
Boec'HOUT'
Largest movements
- Tangible fixed assets -€46,807
down €46,807 (-12.2%), from €384,416 to €337,609
- Receivables within one year -€22,807
down €22,807 (-79.8%), from €28,590 to €5,783
of which Trade receivables: -€24,849
- Stocks and contracts -€17,007
down €17,007 (-15.1%), from €112,260 to €95,253
of which Contracts in progress: -€10,440
- Cash -€10,314
down €10,314 (-7.7%), from €133,607 to €123,293
mainly Provisions (-€230,185) and Other debts (-€176,058)
- Debts after one year +€345,436
up €345,436 (+1,079%), from €32,000 to €377,436
- Provisions -€230,185
no longer reported in 2025 (was €230,185)
- Other debts -€176,058
down €176,058 (-62.9%), from €279,735 to €103,677
- Trade debts -€30,280
down €30,280 (-63.4%), from €47,768 to €17,489
- Profit (loss) carried forward -€22,159
down €22,159 (-98.8%), from -€22,429 to -€44,588
- Gross operating margin -€74,068
down €74,068 (-74.2%), from €99,783 to €25,715
- Depreciation -€13,480
down €13,480 (-28.1%), from €48,000 to €34,520
- Financial charges -€7,109
down €7,109 (-36.3%), from €19,572 to €12,463
- Other operating charges -€1,298
down €1,298 (-58.7%), from €2,209 to €912
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 | €658,872 | €561,938 | -€96,935 | -14.7% |
| Fixed assets | 21/28 | €384,416 | €337,609 | -€46,807 | -12.2% |
| Tangible fixed assets | 22/27 | €384,416 | €337,609 | -€46,807 | -12.2% |
| Land and buildings | 22 | €253,032 | €240,477 | -€12,555 | -5.0% |
| Plant, machinery and equipment | 23 | €117,263 | €97,132 | -€20,130 | -17.2% |
| Furniture and vehicles | 24 | €14,121 | - | -€14,121 | |
| Current assets | 29/58 | €274,457 | €224,329 | -€50,128 | -18.3% |
| Stocks and contracts in progress | 3 | €112,260 | €95,253 | -€17,007 | -15.1% |
| Stocks | 30/36 | €65,260 | €58,693 | -€6,567 | -10.1% |
| Contracts in progress | 37 | €47,000 | €36,560 | -€10,440 | -22.2% |
| Amounts receivable within one year | 40/41 | €28,590 | €5,783 | -€22,807 | -79.8% |
| Trade receivables | 40 | €28,590 | €3,741 | -€24,849 | -86.9% |
| Other amounts receivable | 41 | - | €2,042 | +€2,042 | |
| Cash at bank and in hand | 54/58 | €133,607 | €123,293 | -€10,314 | -7.7% |
| Total equity and liabilities | 10/49 | €658,872 | €561,938 | -€96,935 | -14.7% |
| Equity | 10/15 | €64,730 | €42,571 | -€22,159 | -34.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,959 | €80,959 | = | 0.0% |
| 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 | €79,099 | €79,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,429 | -€44,588 | -€22,159 | -98.8% |
| Provisions and deferred taxes | 16 | €230,185 | - | -€230,185 | |
| Provisions for liabilities and charges | 160/5 | €230,185 | - | -€230,185 | |
| Other liabilities and charges | 164/5 | €230,185 | - | -€230,185 | |
| Amounts payable | 17/49 | €363,958 | €519,367 | +€155,409 | +42.7% |
| Amounts payable after more than one year | 17 | €32,000 | €377,436 | +€345,436 | +1,079% |
| Financial debts | 170/4 | €32,000 | €377,436 | +€345,436 | +1,079% |
| Amounts payable within one year | 42/48 | €331,958 | €141,930 | -€190,027 | -57.2% |
| Current portion of amounts payable after more than one year | 42 | - | €19,865 | +€19,865 | |
| Financial debts | 43 | - | €685 | +€685 | |
| Credit institutions | 430/8 | - | €685 | +€685 | |
| Trade debts | 44 | €47,768 | €17,489 | -€30,280 | -63.4% |
| Suppliers | 440/4 | €47,768 | €17,489 | -€30,280 | -63.4% |
| Taxes, remuneration and social security | 45 | €4,454 | €215 | -€4,239 | -95.2% |
| Taxes | 450/3 | €4,454 | €215 | -€4,239 | -95.2% |
| Other amounts payable | 47/48 | €279,735 | €103,677 | -€176,058 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,000 | €34,520 | -€13,480 | -28.1% |
| Other operating charges | 640/8 | €2,209 | €912 | -€1,298 | -58.7% |
| Gross operating margin | 9900 | €99,783 | €25,715 | -€74,068 | -74.2% |
| Operating profit (loss) | 9901 | €49,573 | -€9,717 | -€59,290 | |
| Financial income | 75/76B | €559 | €250 | -€309 | -55.3% |
| Recurring financial income | 75 | €559 | €250 | -€309 | -55.3% |
| Financial charges | 65/66B | €19,572 | €12,463 | -€7,109 | -36.3% |
| Recurring financial charges | 65 | €19,572 | €12,463 | -€7,109 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €30,560 | -€21,930 | -€52,489 | |
| Income taxes | 67/77 | €337 | €230 | -€108 | -31.9% |
| Profit (loss) for the period | 9904 | €30,222 | -€22,159 | -€52,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,222 | -€22,159 | -€52,382 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.