Boechouts Gebak: what changed
Boechouts Gebak
Largest movements
- Tangible fixed assets +€405,115
up €405,115 (+512%), from €79,120 to €484,235
of which Other tangible fixed assets: +€399,163
- Cash -€47,753
down €47,753 (-66.7%), from €71,560 to €23,808
mainly Investment in fixed assets (net) (-€456,932) and Trade debts (-€6,761)
- Receivables within one year -€12,346
down €12,346 (-31.2%), from €39,577 to €27,230
of which Trade receivables: -€16,178
- Debts after one year +€313,158
new in 2025: €313,158
- Current portion of long-term debt +€18,428
new in 2025: €18,428
- Profit (loss) carried forward +€11,522
up €11,522 (+11.2%), from €102,456 to €113,978
- Trade debts -€6,761
down €6,761 (-40.1%), from €16,875 to €10,113
- Other debts +€6,659
up €6,659 (+16.1%), from €41,442 to €48,100
- Gross operating margin -€69,913
down €69,913 (-43.6%), from €160,442 to €90,529
- Depreciation +€51,817
new in 2025: €51,817
- Taxes -€23,239
down €23,239 (-84.6%), from €27,485 to €4,246
- Financial charges +€11,994
up €11,994 (+10,506%), from €114 to €12,108
- Other operating charges +€10,449
up €10,449 (+2,698%), from €387 to €10,837
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 | €190,257 | €535,273 | +€345,016 | +181% |
| Fixed assets | 21/28 | €79,120 | €484,235 | +€405,115 | +512% |
| Tangible fixed assets | 22/27 | €79,120 | €484,235 | +€405,115 | +512% |
| Plant, machinery and equipment | 23 | €30,114 | €43,532 | +€13,418 | +44.6% |
| Furniture and vehicles | 24 | €49,006 | €41,539 | -€7,467 | -15.2% |
| Other tangible fixed assets | 26 | - | €399,163 | +€399,163 | |
| Current assets | 29/58 | €111,137 | €51,038 | -€60,099 | -54.1% |
| Amounts receivable within one year | 40/41 | €39,577 | €27,230 | -€12,346 | -31.2% |
| Trade receivables | 40 | €37,890 | €21,712 | -€16,178 | -42.7% |
| Other amounts receivable | 41 | €1,687 | €5,519 | +€3,832 | +227% |
| Cash at bank and in hand | 54/58 | €71,560 | €23,808 | -€47,753 | -66.7% |
| Total equity and liabilities | 10/49 | €190,257 | €535,273 | +€345,016 | +181% |
| Equity | 10/15 | €104,456 | €115,978 | +€11,522 | +11.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,456 | €113,978 | +€11,522 | +11.2% |
| Amounts payable | 17/49 | €85,802 | €419,295 | +€333,494 | +389% |
| Amounts payable after more than one year | 17 | - | €313,158 | +€313,158 | |
| Financial debts | 170/4 | - | €313,158 | +€313,158 | |
| Amounts payable within one year | 42/48 | €85,802 | €106,137 | +€20,335 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | - | €18,428 | +€18,428 | |
| Trade debts | 44 | €16,875 | €10,113 | -€6,761 | -40.1% |
| Suppliers | 440/4 | €16,875 | €10,113 | -€6,761 | -40.1% |
| Taxes, remuneration and social security | 45 | €27,485 | €29,494 | +€2,009 | +7.3% |
| Taxes | 450/3 | €27,485 | €29,494 | +€2,009 | +7.3% |
| Other amounts payable | 47/48 | €41,442 | €48,100 | +€6,659 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €51,817 | +€51,817 | |
| Other operating charges | 640/8 | €387 | €10,837 | +€10,449 | +2,698% |
| Gross operating margin | 9900 | €160,442 | €90,529 | -€69,913 | -43.6% |
| Operating profit (loss) | 9901 | €160,055 | €27,876 | -€132,179 | -82.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €114 | €12,108 | +€11,994 | +10,506% |
| Recurring financial charges | 65 | €114 | €12,108 | +€11,994 | +10,506% |
| Profit (loss) for the period before taxes | 9903 | €159,941 | €15,768 | -€144,173 | -90.1% |
| Income taxes | 67/77 | €27,485 | €4,246 | -€23,239 | -84.6% |
| Profit (loss) for the period | 9904 | €132,456 | €11,522 | -€120,934 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €132,456 | €11,522 | -€120,934 | -91.3% |
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 4 November 2026 via checked.be.