BOIS DU HETRE: 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 DU HETRE
Largest movements
- Cash +€121,957
up €121,957 (+208%), from €58,769 to €180,726
mainly Net result for the year (+€62,627) and Debts after one year (+€36,845)
- Tangible fixed assets +€49,310
up €49,310 (+33.8%), from €145,887 to €195,197
of which Plant, machinery and equipment: +€49,714
- Stocks and contracts -€35,018
down €35,018 (-52.4%), from €66,847 to €31,829
- Receivables within one year -€12,615
down €12,615 (-57.4%), from €21,976 to €9,361
of which Trade receivables: -€9,215
- Intangible fixed assets +€8,533
new in 2025: €8,533
- Reserves +€40,000
up €40,000 (+188%), from €21,239 to €61,239
of which Distributable reserves: +€40,000
- Debts after one year +€36,845
up €36,845 (+66.0%), from €55,825 to €92,670
- Profit (loss) carried forward +€22,627
up €22,627 (+21.7%), from €104,093 to €126,720
- Current portion of long-term debt +€20,946
up €20,946 (+86.0%), from €24,357 to €45,303
- Tax, wage and social debts +€6,660
up €6,660 (+389%), from €1,714 to €8,374
- Gross operating margin +€49,838
up €49,838 (+68.1%), from €73,194 to €123,032
- Taxes +€12,335
up €12,335 (+115%), from €10,714 to €23,049
- Depreciation -€1,250
down €1,250 (-3.7%), from €33,627 to €32,377
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 | €293,479 | €425,646 | +€132,167 | +45.0% |
| Fixed assets | 21/28 | €145,887 | €203,730 | +€57,843 | +39.6% |
| Intangible fixed assets | 21 | - | €8,533 | +€8,533 | |
| Tangible fixed assets | 22/27 | €145,887 | €195,197 | +€49,310 | +33.8% |
| Land and buildings | 22 | €1,240 | €1,240 | = | 0.0% |
| Plant, machinery and equipment | 23 | €140,584 | €190,298 | +€49,714 | +35.4% |
| Furniture and vehicles | 24 | €4,063 | €3,659 | -€404 | -9.9% |
| Current assets | 29/58 | €147,592 | €221,916 | +€74,324 | +50.4% |
| Stocks and contracts in progress | 3 | €66,847 | €31,829 | -€35,018 | -52.4% |
| Stocks | 30/36 | €66,847 | €31,829 | -€35,018 | -52.4% |
| Amounts receivable within one year | 40/41 | €21,976 | €9,361 | -€12,615 | -57.4% |
| Trade receivables | 40 | €18,576 | €9,361 | -€9,215 | -49.6% |
| Other amounts receivable | 41 | €3,400 | - | -€3,400 | |
| Cash at bank and in hand | 54/58 | €58,769 | €180,726 | +€121,957 | +208% |
| Total equity and liabilities | 10/49 | €293,479 | €425,646 | +€132,167 | +45.0% |
| Equity | 10/15 | €137,727 | €200,354 | +€62,627 | +45.5% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €21,239 | €61,239 | +€40,000 | +188% |
| Non-distributable reserves | 130/1 | €1,239 | €1,239 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,239 | €1,239 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €60,000 | +€40,000 | +200% |
| Profit (loss) carried forward | 14 | €104,093 | €126,720 | +€22,627 | +21.7% |
| Amounts payable | 17/49 | €155,752 | €225,292 | +€69,540 | +44.6% |
| Amounts payable after more than one year | 17 | €55,825 | €92,670 | +€36,845 | +66.0% |
| Financial debts | 170/4 | €55,825 | €92,670 | +€36,845 | +66.0% |
| Amounts payable within one year | 42/48 | €99,927 | €132,622 | +€32,695 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €24,357 | €45,303 | +€20,946 | +86.0% |
| Trade debts | 44 | €44,063 | €46,041 | +€1,978 | +4.5% |
| Suppliers | 440/4 | €44,063 | €46,041 | +€1,978 | +4.5% |
| Taxes, remuneration and social security | 45 | €1,714 | €8,374 | +€6,660 | +389% |
| Taxes | 450/3 | €1,714 | €8,374 | +€6,660 | +389% |
| Other amounts payable | 47/48 | €29,793 | €32,904 | +€3,111 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,627 | €32,377 | -€1,250 | -3.7% |
| Other operating charges | 640/8 | €1,295 | €1,664 | +€369 | +28.5% |
| Gross operating margin | 9900 | €73,194 | €123,032 | +€49,838 | +68.1% |
| Operating profit (loss) | 9901 | €38,272 | €88,991 | +€50,719 | +133% |
| Financial income | 75/76B | €195 | €267 | +€72 | +36.9% |
| Recurring financial income | 75 | €195 | €267 | +€72 | +36.9% |
| Financial charges | 65/66B | €3,330 | €3,582 | +€252 | +7.6% |
| Recurring financial charges | 65 | €3,330 | €3,582 | +€252 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €35,137 | €85,676 | +€50,539 | +144% |
| Income taxes | 67/77 | €10,714 | €23,049 | +€12,335 | +115% |
| Profit (loss) for the period | 9904 | €24,423 | €62,627 | +€38,204 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €24,423 | €62,627 | +€38,204 | +156% |
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.