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BOUCHE FRÈRE: 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.

What changed

BOUCHE FRÈRE

BE 0797.614.865
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€8,738
2024 · -€1,340-€7,398
Equity
-€9,118
2024 · -€380-€8,738
Cash
€24,258
2024 · €2,111+€22,147
Balance sheet total
€167,893
2024 · €82,111+€85,783

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€60,340

    up €60,340 (+75.4%), from €80,000 to €140,340

  • Cash +€22,147

    up €22,147 (+1049.2%), from €2,111 to €24,258

    mainly Other debts (+€92,487) and Trade debts (+€2,034)

  • Receivables within one year +€3,156

    new in 2025: €3,156

    of which Other amounts receivable: +€3,028

Equity and liabilities
  • Other debts +€92,487

    up €92,487 (+112.1%), from €82,491 to €174,978

  • Profit (loss) carried forward -€8,738

    down €8,738 (-464.7%), from -€1,880 to -€10,618

  • Trade debts +€2,034

    new in 2025: €2,034

Income statement
  • Other operating charges +€5,321

    up €5,321 (+1373.7%), from €387 to €5,708

  • Gross operating margin -€2,038

    down €2,038 (-224.1%), from -€909 to -€2,947

  • Financial charges +€40

    up €40 (+91.3%), from €44 to €83

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,340
Gross operating margin -€2,038
Other operating charges -€5,321
Financial charges -€40
Result 2025 -€8,738

Cash bridge derived

cash 2024 to 2025

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.

From operations +€82,487
Investment -€60,340
Financing €0
Cash 2024 €2,111
Net result for the year -€8,738
Receivables within one year -€3,156
Deferred charges and accrued income -€140
Trade debts +€2,034
Other debts +€92,487
Investment in fixed assets (net) -€60,340
Cash 2025 €24,258
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €82,111 €167,893 +€85,783 +104.5%
Fixed assets 21/28 €80,000 €140,340 +€60,340 +75.4%
Financial fixed assets 28 €80,000 €140,340 +€60,340 +75.4%
Current assets 29/58 €2,111 €27,553 +€25,443 +1205.3%
Amounts receivable within one year 40/41 - €3,156 +€3,156
Trade receivables 40 - €127 +€127
Other amounts receivable 41 - €3,028 +€3,028
Cash at bank and in hand 54/58 €2,111 €24,258 +€22,147 +1049.2%
Deferred charges and accrued income 490/1 - €140 +€140
Total equity and liabilities 10/49 €82,111 €167,893 +€85,783 +104.5%
Equity 10/15 -€380 -€9,118 -€8,738 -2297.4%
Contributions 10/11 €1,500 €1,500 = 0.0%
Profit (loss) carried forward 14 -€1,880 -€10,618 -€8,738 -464.7%
Amounts payable 17/49 €82,491 €177,012 +€94,521 +114.6%
Amounts payable within one year 42/48 €82,491 €177,012 +€94,521 +114.6%
Trade debts 44 - €2,034 +€2,034
Suppliers 440/4 - €2,034 +€2,034
Other amounts payable 47/48 €82,491 €174,978 +€92,487 +112.1%
Other operating charges 640/8 €387 €5,708 +€5,321 +1373.7%
Gross operating margin 9900 -€909 -€2,947 -€2,038 -224.1%
Operating profit (loss) 9901 -€1,297 -€8,655 -€7,358 -567.5%
Financial charges 65/66B €44 €83 +€40 +91.3%
Recurring financial charges 65 €44 €83 +€40 +91.3%
Profit (loss) for the period before taxes 9903 -€1,340 -€8,738 -€7,398 -552.0%
Profit (loss) for the period 9904 -€1,340 -€8,738 -€7,398 -552.0%
Profit (loss) for the period to be appropriated 9905 -€1,340 -€8,738 -€7,398 -552.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.