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BOHEZ CONSTRUCT: what changed

Two fiscal 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.

What changed

BOHEZ CONSTRUCT

BE 0803.101.503
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€13,851
2024 · €101,154-€87,304
Equity
€80,945
2024 · €67,095+€13,851
Cash
€14,916
2024 · €36,933-€22,017
Balance sheet total
€282,111
2024 · €137,790+€144,321

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€89,729

    up €89,729 (+94.8%), from €94,634 to €184,363

    of which Trade receivables: +€61,913

  • Deferred charges and accrued income +€48,049

    new in 2025: €48,049

  • Cash -€22,017

    down €22,017 (-59.6%), from €36,933 to €14,916

    mainly Receivables within one year (-€89,729) and Deferred charges and accrued income (-€48,049)

  • Current investments +€19,000

    new in 2025: €19,000

  • Financial fixed assets +€10,000

    up €10,000 (+202.0%), from €4,950 to €14,950

Equity and liabilities
  • Trade debts +€145,092

    up €145,092 (+1681.4%), from €8,629 to €153,721

  • Other debts -€32,000

    no longer reported in 2025 (was €32,000)

  • Tax, wage and social debts +€18,499

    up €18,499 (+64.2%), from €28,795 to €47,294

    of which Taxes: +€15,924

  • Reserves +€13,851

    up €13,851 (+20.8%), from €66,595 to €80,445

Income statement
  • Gross operating margin -€102,595

    down €102,595 (-79.1%), from €129,772 to €27,176

  • Taxes -€18,432

    down €18,432 (-64.0%), from €28,795 to €10,363

  • Other operating charges +€2,421

    up €2,421 (+2051.9%), from €118 to €2,539

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €101,154
Gross operating margin -€102,595
Depreciation -€392
Other operating charges -€2,421
Financial income +€844
Financial charges -€1,170
Taxes +€18,432
Result 2025 €13,851

Cash bridge derived

cash 2024 to 2025

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.

From operations +€8,104
Investment -€29,000
Financing -€1,121
Cash 2024 €36,933
Net result for the year +€13,851
Depreciation +€441
Receivables within one year -€89,729
Deferred charges and accrued income -€48,049
Trade debts +€145,092
Tax, wage and social debts +€18,499
Other debts -€32,000
Investment in fixed assets (net) -€10,000
Current investments -€19,000
Short-term financial debts -€1,121
Cash 2025 €14,916
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €137,790 €282,111 +€144,321 +104.7%
Fixed assets 21/28 €6,223 €15,783 +€9,560 +153.6%
Tangible fixed assets 22/27 €1,273 €833 -€441 -34.6%
Furniture and vehicles 24 €1,273 €833 -€441 -34.6%
Financial fixed assets 28 €4,950 €14,950 +€10,000 +202.0%
Current assets 29/58 €131,567 €266,328 +€134,761 +102.4%
Amounts receivable within one year 40/41 €94,634 €184,363 +€89,729 +94.8%
Trade receivables 40 €72,547 €134,461 +€61,913 +85.3%
Other amounts receivable 41 €22,086 €49,902 +€27,816 +125.9%
Current investments 50/53 - €19,000 +€19,000
Cash at bank and in hand 54/58 €36,933 €14,916 -€22,017 -59.6%
Deferred charges and accrued income 490/1 - €48,049 +€48,049
Total equity and liabilities 10/49 €137,790 €282,111 +€144,321 +104.7%
Equity 10/15 €67,095 €80,945 +€13,851 +20.6%
Contributions 10/11 €500 €500 = 0.0%
Reserves 13 €66,595 €80,445 +€13,851 +20.8%
Distributable reserves 133 €66,595 €80,445 +€13,851 +20.8%
Amounts payable 17/49 €70,696 €201,166 +€130,470 +184.6%
Amounts payable within one year 42/48 €70,696 €201,166 +€130,470 +184.6%
Financial debts 43 €1,272 €151 -€1,121 -88.1%
Credit institutions 430/8 €1,272 €151 -€1,121 -88.1%
Trade debts 44 €8,629 €153,721 +€145,092 +1681.4%
Suppliers 440/4 €8,629 €153,721 +€145,092 +1681.4%
Taxes, remuneration and social security 45 €28,795 €47,294 +€18,499 +64.2%
Taxes 450/3 €28,795 €44,718 +€15,924 +55.3%
Remuneration and social security 454/9 - €2,576 +€2,576
Other amounts payable 47/48 €32,000 - -€32,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €48 €441 +€392 +812.6%
Other operating charges 640/8 €118 €2,539 +€2,421 +2051.9%
Gross operating margin 9900 €129,772 €27,176 -€102,595 -79.1%
Operating profit (loss) 9901 €129,606 €24,197 -€105,409 -81.3%
Financial income 75/76B €557 €1,401 +€844 +151.5%
Recurring financial income 75 €557 €1,401 +€844 +151.5%
Financial charges 65/66B €214 €1,384 +€1,170 +547.2%
Recurring financial charges 65 €214 €1,384 +€1,170 +547.2%
Profit (loss) for the period before taxes 9903 €129,949 €24,213 -€105,735 -81.4%
Income taxes 67/77 €28,795 €10,363 -€18,432 -64.0%
Profit (loss) for the period 9904 €101,154 €13,851 -€87,304 -86.3%
Profit (loss) for the period to be appropriated 9905 €101,154 €13,851 -€87,304 -86.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.