BOIS COUSIN: 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.
BOIS COUSIN
Largest movements
- Current investments +€196,778
up €196,778 (+38.2%), from €514,686 to €711,464
- Receivables within one year +€91,734
up €91,734 (+1,260%), from €7,280 to €99,015
of which Trade receivables: +€91,186
- Profit (loss) carried forward +€289,314
up €289,314, from -€107,361 to €181,954
- Depreciation -€354,588
down €354,588 (-98.5%), from €359,957 to €5,369
- Financial charges -€330,488
down €330,488, from €173,148 to -€157,340
- Gross operating margin +€154,605
up €154,605, from -€14,606 to €140,000
- Staff costs +€20,449
up €20,449 (+176%), from €11,644 to €32,093
- Other operating charges -€10,510
down €10,510 (-64.6%), from €16,269 to €5,758
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 | €6,988,340 | €7,273,740 | +€285,399 | +4.1% |
| Fixed assets | 21/28 | €6,416,164 | €6,439,195 | +€23,031 | +0.4% |
| Tangible fixed assets | 22/27 | €6,415,894 | €6,438,925 | +€23,031 | +0.4% |
| Land and buildings | 22 | €6,392,576 | €6,419,476 | +€26,900 | +0.4% |
| Furniture and vehicles | 24 | €23,319 | €19,450 | -€3,869 | -16.6% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €572,176 | €834,545 | +€262,369 | +45.9% |
| Amounts receivable within one year | 40/41 | €7,280 | €99,015 | +€91,734 | +1,260% |
| Trade receivables | 40 | €420 | €91,606 | +€91,186 | +21,711% |
| Other amounts receivable | 41 | €6,860 | €7,409 | +€548 | +8.0% |
| Current investments | 50/53 | €514,686 | €711,464 | +€196,778 | +38.2% |
| Cash at bank and in hand | 54/58 | €50,209 | €21,523 | -€28,687 | -57.1% |
| Deferred charges and accrued income | 490/1 | - | €2,543 | +€2,543 | |
| Total equity and liabilities | 10/49 | €6,988,340 | €7,273,740 | +€285,399 | +4.1% |
| Equity | 10/15 | €6,692,639 | €6,981,954 | +€289,314 | +4.3% |
| Contributions | 10/11 | €6,800,000 | €6,800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,361 | €181,954 | +€289,314 | |
| Amounts payable | 17/49 | €295,701 | €291,786 | -€3,915 | -1.3% |
| Amounts payable within one year | 42/48 | €295,701 | €290,385 | -€5,315 | -1.8% |
| Trade debts | 44 | €7,126 | €2,086 | -€5,040 | -70.7% |
| Suppliers | 440/4 | €7,126 | €2,086 | -€5,040 | -70.7% |
| Taxes, remuneration and social security | 45 | €3,743 | €3,426 | -€318 | -8.5% |
| Taxes | 450/3 | €115 | €22 | -€93 | -80.7% |
| Remuneration and social security | 454/9 | €3,628 | €3,403 | -€225 | -6.2% |
| Other amounts payable | 47/48 | €284,831 | €284,874 | +€43 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Remuneration, social security and pensions | 62 | €11,644 | €32,093 | +€20,449 | +176% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359,957 | €5,369 | -€354,588 | -98.5% |
| Other operating charges | 640/8 | €16,269 | €5,758 | -€10,510 | -64.6% |
| Gross operating margin | 9900 | -€14,606 | €140,000 | +€154,605 | |
| Operating profit (loss) | 9901 | -€402,475 | €96,779 | +€499,254 | |
| Financial income | 75/76B | €47,420 | €50,242 | +€2,822 | +6.0% |
| Recurring financial income | 75 | €47,420 | €50,242 | +€2,822 | +6.0% |
| Financial charges | 65/66B | €173,148 | -€157,340 | -€330,488 | |
| Recurring financial charges | 65 | €173,148 | -€157,340 | -€330,488 | |
| Profit (loss) for the period before taxes | 9903 | -€528,203 | €304,361 | +€832,564 | |
| Income taxes | 67/77 | €13,764 | €15,047 | +€1,284 | +9.3% |
| Profit (loss) for the period | 9904 | -€541,966 | €289,314 | +€831,281 | |
| Profit (loss) for the period to be appropriated | 9905 | -€541,966 | €289,314 | +€831,281 |
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 24 October 2026 via checked.be.