BOUBERT: what changed
Two fiscal 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.
BOUBERT
Largest movements
- Tangible fixed assets +€57,097
up €57,097 (+344.5%), from €16,575 to €73,673
of which Leasing and similar rights: +€54,682
- Receivables within one year -€51,987
down €51,987 (-37.3%), from €139,463 to €87,476
of which Trade receivables: -€35,032
- Stocks and contracts +€9,271
up €9,271 (+69.5%), from €13,346 to €22,617
- Cash -€7,674
down €7,674 (-12.1%), from €63,330 to €55,656
mainly Investment in fixed assets (net) (-€72,391) and Tax, wage and social debts (-€19,200)
- Debts after one year +€35,881
up €35,881 (+446.1%), from €8,043 to €43,924
- Tax, wage and social debts -€19,200
down €19,200 (-51.7%), from €37,151 to €17,951
of which Taxes: -€22,757
- Accrued charges and deferred income -€14,230
down €14,230 (-67.4%), from €21,120 to €6,890
- Current portion of long-term debt +€10,260
up €10,260 (+212.2%), from €4,836 to €15,096
- Trade debts -€8,958
down €8,958 (-12.9%), from €69,228 to €60,270
- Gross operating margin -€69,831
down €69,831 (-47.9%), from €145,916 to €76,085
- Staff costs +€32,105
up €32,105 (+129.1%), from €24,866 to €56,972
- Taxes -€25,257
down €25,257 (-99.4%), from €25,409 to €151
- Depreciation +€7,477
up €7,477 (+95.6%), from €7,817 to €15,294
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,303 | €239,983 | +€6,680 | +2.9% |
| Fixed assets | 21/28 | €16,725 | €73,823 | +€57,097 | +341.4% |
| Tangible fixed assets | 22/27 | €16,575 | €73,673 | +€57,097 | +344.5% |
| Plant, machinery and equipment | 23 | €2,648 | €4,086 | +€1,438 | +54.3% |
| Furniture and vehicles | 24 | €1,242 | €2,219 | +€977 | +78.6% |
| Leasing and similar rights | 25 | €12,685 | €67,367 | +€54,682 | +431.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €216,577 | €166,160 | -€50,417 | -23.3% |
| Stocks and contracts in progress | 3 | €13,346 | €22,617 | +€9,271 | +69.5% |
| Stocks | 30/36 | €13,346 | €22,617 | +€9,271 | +69.5% |
| Amounts receivable within one year | 40/41 | €139,463 | €87,476 | -€51,987 | -37.3% |
| Trade receivables | 40 | €107,026 | €71,994 | -€35,032 | -32.7% |
| Other amounts receivable | 41 | €32,437 | €15,482 | -€16,955 | -52.3% |
| Cash at bank and in hand | 54/58 | €63,330 | €55,656 | -€7,674 | -12.1% |
| Deferred charges and accrued income | 490/1 | €438 | €411 | -€27 | -6.1% |
| Total equity and liabilities | 10/49 | €233,303 | €239,983 | +€6,680 | +2.9% |
| Equity | 10/15 | €92,926 | €94,679 | +€1,753 | +1.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,926 | €91,679 | +€1,753 | +1.9% |
| Amounts payable | 17/49 | €140,377 | €145,304 | +€4,927 | +3.5% |
| Amounts payable after more than one year | 17 | €8,043 | €43,924 | +€35,881 | +446.1% |
| Financial debts | 170/4 | €8,043 | €43,924 | +€35,881 | +446.1% |
| Amounts payable within one year | 42/48 | €111,214 | €94,490 | -€16,724 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €4,836 | €15,096 | +€10,260 | +212.2% |
| Trade debts | 44 | €69,228 | €60,270 | -€8,958 | -12.9% |
| Suppliers | 440/4 | €69,228 | €60,270 | -€8,958 | -12.9% |
| Taxes, remuneration and social security | 45 | €37,151 | €17,951 | -€19,200 | -51.7% |
| Taxes | 450/3 | €29,208 | €6,451 | -€22,757 | -77.9% |
| Remuneration and social security | 454/9 | €7,942 | €11,500 | +€3,557 | +44.8% |
| Other amounts payable | 47/48 | - | €1,173 | +€1,173 | |
| Accrued charges and deferred income | 492/3 | €21,120 | €6,890 | -€14,230 | -67.4% |
| Remuneration, social security and pensions | 62 | €24,866 | €56,972 | +€32,105 | +129.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,817 | €15,294 | +€7,477 | +95.6% |
| Other operating charges | 640/8 | €298 | €875 | +€578 | +194.1% |
| Gross operating margin | 9900 | €145,916 | €76,085 | -€69,831 | -47.9% |
| Operating profit (loss) | 9901 | €112,936 | €2,945 | -€109,991 | -97.4% |
| Financial income | 75/76B | €92 | €432 | +€340 | +369.7% |
| Recurring financial income | 75 | €92 | €432 | +€340 | +369.7% |
| Financial charges | 65/66B | €255 | €1,473 | +€1,218 | +476.7% |
| Recurring financial charges | 65 | €255 | €1,473 | +€1,218 | +476.7% |
| Profit (loss) for the period before taxes | 9903 | €112,772 | €1,904 | -€110,868 | -98.3% |
| Income taxes | 67/77 | €25,409 | €151 | -€25,257 | -99.4% |
| Profit (loss) for the period | 9904 | €87,364 | €1,753 | -€85,610 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,364 | €1,753 | -€85,610 | -98.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.