BOIS D'ELLE: 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 D'ELLE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€33,692
down €33,692 (-54.0%), from €62,345 to €28,653
- Reserves +€33,676
up €33,676 (+27.3%), from €123,343 to €157,019
- Financial charges -€2,905
down €2,905 (-59.9%), from €4,850 to €1,944
- Taxes -€1,985
down €1,985 (-14.9%), from €13,304 to €11,319
- Gross operating margin +€1,407
up €1,407 (+3.0%), from €47,189 to €48,596
- Depreciation +€1,121
up €1,121 (+829%), from €135 to €1,257
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 | €362,539 | €362,062 | -€478 | -0.1% |
| Formation expenses | 20 | €297 | €297 | = | 0.0% |
| Fixed assets | 21/28 | €333,710 | €332,453 | -€1,257 | -0.4% |
| Tangible fixed assets | 22/27 | €3,635 | €2,378 | -€1,257 | -34.6% |
| Furniture and vehicles | 24 | €3,635 | €2,378 | -€1,257 | -34.6% |
| Financial fixed assets | 28 | €330,075 | €330,075 | = | 0.0% |
| Current assets | 29/58 | €28,533 | €29,311 | +€779 | +2.7% |
| Amounts receivable within one year | 40/41 | €25,410 | €25,410 | = | 0.0% |
| Trade receivables | 40 | €25,410 | €25,410 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,123 | €3,901 | +€779 | +24.9% |
| Total equity and liabilities | 10/49 | €362,539 | €362,062 | -€478 | -0.1% |
| Equity | 10/15 | €133,343 | €167,019 | +€33,676 | +25.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €123,343 | €157,019 | +€33,676 | +27.3% |
| Distributable reserves | 133 | €123,343 | €157,019 | +€33,676 | +27.3% |
| Amounts payable | 17/49 | €229,196 | €195,042 | -€34,154 | -14.9% |
| Amounts payable after more than one year | 17 | €62,345 | €28,653 | -€33,692 | -54.0% |
| Financial debts | 170/4 | €62,345 | €28,653 | -€33,692 | -54.0% |
| Amounts payable within one year | 42/48 | €166,851 | €166,389 | -€462 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €32,953 | €33,692 | +€739 | +2.2% |
| Trade debts | 44 | €1,702 | €1,747 | +€45 | +2.6% |
| Suppliers | 440/4 | €1,702 | €1,747 | +€45 | +2.6% |
| Taxes, remuneration and social security | 45 | €47,196 | €45,951 | -€1,246 | -2.6% |
| Taxes | 450/3 | €20,100 | €6,632 | -€13,468 | -67.0% |
| Remuneration and social security | 454/9 | €27,097 | €39,319 | +€12,222 | +45.1% |
| Other amounts payable | 47/48 | €85,000 | €85,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135 | €1,257 | +€1,121 | +829% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €47,189 | €48,596 | +€1,407 | +3.0% |
| Operating profit (loss) | 9901 | €46,666 | €46,940 | +€273 | +0.6% |
| Financial charges | 65/66B | €4,850 | €1,944 | -€2,905 | -59.9% |
| Recurring financial charges | 65 | €4,850 | €1,944 | -€2,905 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | €41,817 | €44,995 | +€3,179 | +7.6% |
| Income taxes | 67/77 | €13,304 | €11,319 | -€1,985 | -14.9% |
| Profit (loss) for the period | 9904 | €28,512 | €33,676 | +€5,164 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,512 | €33,676 | +€5,164 | +18.1% |
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.