BOIS DE MAI: what changed
What changed
BOIS DE MAI
filed annual accounts (NBB)
Net result for the year
€3,131
2024 · €2,962+€169
Equity
€135,550
2024 · €132,419+€3,131
Cash
€72,914
2024 · €60,791+€12,122
Balance sheet total
€283,941
2024 · €283,095+€846
Largest movements
Assets
- Tangible fixed assets -€13,548
down €13,548 (-6.2%), from €219,493 to €205,944
of which Land and buildings: -€13,548
- Cash +€12,122
up €12,122 (+19.9%), from €60,791 to €72,914
mainly Depreciation (+€16,216) and Net result for the year (+€3,131)
Equity and liabilities
- Debts after one year -€7,045
down €7,045 (-12.5%), from €56,182 to €49,137
- Profit (loss) carried forward +€3,131
up €3,131 (+4.9%), from €64,248 to €67,379
- Other debts +€3,119
up €3,119 (+3.9%), from €79,589 to €82,708
Income statement
- Financial charges -€787
down €787 (-8.6%), from €9,111 to €8,324
- Gross operating margin -€648
down €648 (-1.9%), from €34,274 to €33,626
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.
Result 2024
€2,962
Gross operating margin
-€648
Depreciation
+€291
Other operating charges
-€164
Financial income
-€79
Financial charges
+€787
Taxes
-€17
Result 2025
€3,131
raises the resultlowers the result
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.
From operations
+€21,511
Investment
-€2,668
Financing
-€6,721
Cash 2024
€60,791
From operations (derived)
+€21,511
Net result for the year
+€3,131
Depreciation
+€16,216
Receivables within one year
-€1,828
Deferred charges and accrued income
-€444
Trade debts
+€8
Tax, wage and social debts
+€1,666
Other debts
+€3,119
Accrued charges and deferred income
-€357
Investment (derived)
-€2,668
Investment in fixed assets (net)
-€2,668
Financing
-€6,721
Debts after one year
-€7,045
Current portion of long-term debt
+€324
Cash 2025
€72,914
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,095 | €283,941 | +€846 | +0.3% |
| Fixed assets | 21/28 | €219,493 | €205,944 | -€13,548 | -6.2% |
| Tangible fixed assets | 22/27 | €219,493 | €205,944 | -€13,548 | -6.2% |
| Land and buildings | 22 | €219,493 | €205,944 | -€13,548 | -6.2% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €63,603 | €77,997 | +€14,394 | +22.6% |
| Amounts receivable within one year | 40/41 | €1,273 | €3,101 | +€1,828 | +144% |
| Other amounts receivable | 41 | €1,273 | €3,101 | +€1,828 | +144% |
| Cash at bank and in hand | 54/58 | €60,791 | €72,914 | +€12,122 | +19.9% |
| Deferred charges and accrued income | 490/1 | €1,538 | €1,982 | +€444 | +28.9% |
| Total equity and liabilities | 10/49 | €283,095 | €283,941 | +€846 | +0.3% |
| Equity | 10/15 | €132,419 | €135,550 | +€3,131 | +2.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,248 | €67,379 | +€3,131 | +4.9% |
| Amounts payable | 17/49 | €150,677 | €148,391 | -€2,285 | -1.5% |
| Amounts payable after more than one year | 17 | €56,182 | €49,137 | -€7,045 | -12.5% |
| Financial debts | 170/4 | €56,182 | €49,137 | -€7,045 | -12.5% |
| Amounts payable within one year | 42/48 | €89,318 | €94,435 | +€5,117 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €7,221 | €7,545 | +€324 | +4.5% |
| Trade debts | 44 | €692 | €699 | +€8 | +1.1% |
| Suppliers | 440/4 | €692 | €699 | +€8 | +1.1% |
| Taxes, remuneration and social security | 45 | €1,817 | €3,483 | +€1,666 | +91.7% |
| Taxes | 450/3 | €1,817 | €3,483 | +€1,666 | +91.7% |
| Other amounts payable | 47/48 | €79,589 | €82,708 | +€3,119 | +3.9% |
| Accrued charges and deferred income | 492/3 | €5,177 | €4,820 | -€357 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,507 | €16,216 | -€291 | -1.8% |
| Other operating charges | 640/8 | €5,229 | €5,393 | +€164 | +3.1% |
| Gross operating margin | 9900 | €34,274 | €33,626 | -€648 | -1.9% |
| Operating profit (loss) | 9901 | €12,539 | €12,017 | -€522 | -4.2% |
| Financial income | 75/76B | €561 | €483 | -€79 | -14.0% |
| Recurring financial income | 75 | €561 | €483 | -€79 | -14.0% |
| Financial charges | 65/66B | €9,111 | €8,324 | -€787 | -8.6% |
| Recurring financial charges | 65 | €9,111 | €8,324 | -€787 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €3,989 | €4,175 | +€186 | +4.7% |
| Income taxes | 67/77 | €1,027 | €1,044 | +€17 | +1.7% |
| Profit (loss) for the period | 9904 | €2,962 | €3,131 | +€169 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,962 | €3,131 | +€169 | +5.7% |
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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 2 November 2026 via checked.be.