Bois & Structure: 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 & Structure
Largest movements
- Tangible fixed assets -€103,769
down €103,769 (-93.5%), from €110,927 to €7,159
of which Land and buildings: -€99,216
- Cash +€93,937
up €93,937 (+358.9%), from €26,172 to €120,109
mainly Investment in fixed assets (net) (+€95,146) and Trade debts (+€35,948)
- Receivables within one year -€10,381
down €10,381 (-6.9%), from €150,755 to €140,374
of which Other amounts receivable: -€20,177
- Debts after one year -€62,236
down €62,236 (-94.9%), from €65,577 to €3,341
- Trade debts +€35,948
up €35,948 (+631.6%), from €5,692 to €41,640
- Other debts +€17,987
up €17,987 (+214.9%), from €8,371 to €26,359
- Tax, wage and social debts -€9,692
down €9,692 (-27.0%), from €35,848 to €26,156
of which Taxes: -€9,300
- Current portion of long-term debt -€7,635
down €7,635 (-61.4%), from €12,431 to €4,796
- Gross operating margin +€128,918
up €128,918 (+78.2%), from €164,812 to €293,730
- Other operating charges +€105,721
up €105,721 (+8084.7%), from €1,308 to €107,029
- Staff costs +€84,754
up €84,754 (+109.1%), from €77,666 to €162,421
- Taxes -€16,590
down €16,590 (-85.2%), from €19,470 to €2,880
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.
Cash bridge derived
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 | €291,761 | €268,005 | -€23,755 | -8.1% |
| Fixed assets | 21/28 | €111,960 | €7,522 | -€104,439 | -93.3% |
| Tangible fixed assets | 22/27 | €110,927 | €7,159 | -€103,769 | -93.5% |
| Land and buildings | 22 | €99,216 | - | -€99,216 | |
| Plant, machinery and equipment | 23 | €3,598 | €2,380 | -€1,218 | -33.8% |
| Furniture and vehicles | 24 | €8,113 | €4,778 | -€3,335 | -41.1% |
| Financial fixed assets | 28 | €1,033 | €363 | -€670 | -64.9% |
| Current assets | 29/58 | €179,800 | €260,483 | +€80,683 | +44.9% |
| Amounts receivable within one year | 40/41 | €150,755 | €140,374 | -€10,381 | -6.9% |
| Trade receivables | 40 | €113,652 | €123,448 | +€9,796 | +8.6% |
| Other amounts receivable | 41 | €37,103 | €16,927 | -€20,177 | -54.4% |
| Cash at bank and in hand | 54/58 | €26,172 | €120,109 | +€93,937 | +358.9% |
| Deferred charges and accrued income | 490/1 | €2,873 | - | -€2,873 | |
| Total equity and liabilities | 10/49 | €291,761 | €268,005 | -€23,755 | -8.1% |
| Equity | 10/15 | €158,079 | €165,714 | +€7,635 | +4.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,079 | €122,714 | +€7,635 | +6.6% |
| Amounts payable | 17/49 | €133,682 | €102,291 | -€31,390 | -23.5% |
| Amounts payable after more than one year | 17 | €65,577 | €3,341 | -€62,236 | -94.9% |
| Financial debts | 170/4 | €65,577 | €3,341 | -€62,236 | -94.9% |
| Amounts payable within one year | 42/48 | €62,342 | €98,951 | +€36,608 | +58.7% |
| Current portion of amounts payable after more than one year | 42 | €12,431 | €4,796 | -€7,635 | -61.4% |
| Trade debts | 44 | €5,692 | €41,640 | +€35,948 | +631.6% |
| Suppliers | 440/4 | €5,692 | €41,640 | +€35,948 | +631.6% |
| Taxes, remuneration and social security | 45 | €35,848 | €26,156 | -€9,692 | -27.0% |
| Taxes | 450/3 | €35,456 | €26,156 | -€9,300 | -26.2% |
| Remuneration and social security | 454/9 | €392 | - | -€392 | |
| Other amounts payable | 47/48 | €8,371 | €26,359 | +€17,987 | +214.9% |
| Accrued charges and deferred income | 492/3 | €5,762 | - | -€5,762 | |
| Remuneration, social security and pensions | 62 | €77,666 | €162,421 | +€84,754 | +109.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,982 | €9,292 | -€2,690 | -22.4% |
| Other operating charges | 640/8 | €1,308 | €107,029 | +€105,721 | +8084.7% |
| Gross operating margin | 9900 | €164,812 | €293,730 | +€128,918 | +78.2% |
| Operating profit (loss) | 9901 | €73,856 | €14,987 | -€58,869 | -79.7% |
| Financial income | 75/76B | €229 | €60 | -€169 | -73.7% |
| Recurring financial income | 75 | €229 | €60 | -€169 | -73.7% |
| Financial charges | 65/66B | €4,515 | €4,532 | +€17 | +0.4% |
| Recurring financial charges | 65 | €4,515 | €4,532 | +€17 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €69,569 | €10,515 | -€59,054 | -84.9% |
| Income taxes | 67/77 | €19,470 | €2,880 | -€16,590 | -85.2% |
| Profit (loss) for the period | 9904 | €50,099 | €7,635 | -€42,464 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,099 | €7,635 | -€42,464 | -84.8% |
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 10 October 2026 via checked.be.