BOUCHERIE CALBERT: 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.
BOUCHERIE CALBERT
Largest movements
- Cash -€43,689
down €43,689 (-50.2%), from €87,062 to €43,373
mainly Investment in fixed assets (net) (-€22,992) and Receivables within one year (-€21,642)
- Receivables within one year +€21,642
up €21,642 (+84.4%), from €25,647 to €47,289
of which Other amounts receivable: +€14,838
- Tangible fixed assets +€18,830
up €18,830 (+63.5%), from €29,633 to €48,463
- Deferred charges and accrued income -€4,323
no longer reported in 2025 (was €4,323)
- Stocks and contracts +€4,038
up €4,038 (+31.2%), from €12,957 to €16,995
- Tax, wage and social debts +€20,680
up €20,680 (+58.7%), from €35,217 to €55,896
of which Remuneration and social security: +€20,998
- Trade debts -€12,999
down €12,999 (-32.0%), from €40,586 to €27,586
- Profit (loss) carried forward -€9,377
down €9,377 (-73.1%), from €12,820 to €3,442
- Debts after one year -€3,500
down €3,500 (-21.1%), from €16,625 to €13,125
- Short-term financial debts +€1,695
new in 2025: €1,695
- Staff costs +€63,138
up €63,138 (+27.4%), from €230,335 to €293,473
- Taxes -€14,584
down €14,584, from €14,536 to -€48
- Financial charges +€10,573
up €10,573 (+254%), from €4,164 to €14,737
of which Non-recurring financial charges: +€10,559
- Other operating charges -€4,189
down €4,189 (-85.9%), from €4,880 to €690
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 | €159,622 | €156,120 | -€3,502 | -2.2% |
| Fixed assets | 21/28 | €29,633 | €48,463 | +€18,830 | +63.5% |
| Tangible fixed assets | 22/27 | €29,633 | €48,463 | +€18,830 | +63.5% |
| Plant, machinery and equipment | 23 | €29,633 | €48,463 | +€18,830 | +63.5% |
| Current assets | 29/58 | €129,988 | €107,657 | -€22,332 | -17.2% |
| Stocks and contracts in progress | 3 | €12,957 | €16,995 | +€4,038 | +31.2% |
| Stocks | 30/36 | €12,957 | €16,995 | +€4,038 | +31.2% |
| Amounts receivable within one year | 40/41 | €25,647 | €47,289 | +€21,642 | +84.4% |
| Trade receivables | 40 | €13,039 | €19,843 | +€6,804 | +52.2% |
| Other amounts receivable | 41 | €12,608 | €27,446 | +€14,838 | +118% |
| Cash at bank and in hand | 54/58 | €87,062 | €43,373 | -€43,689 | -50.2% |
| Deferred charges and accrued income | 490/1 | €4,323 | - | -€4,323 | |
| Total equity and liabilities | 10/49 | €159,622 | €156,120 | -€3,502 | -2.2% |
| Equity | 10/15 | €62,820 | €53,442 | -€9,377 | -14.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,820 | €3,442 | -€9,377 | -73.1% |
| Amounts payable | 17/49 | €96,802 | €102,678 | +€5,875 | +6.1% |
| Amounts payable after more than one year | 17 | €16,625 | €13,125 | -€3,500 | -21.1% |
| Financial debts | 170/4 | €16,625 | €13,125 | -€3,500 | -21.1% |
| Amounts payable within one year | 42/48 | €80,177 | €89,553 | +€9,375 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €4,375 | €4,375 | = | 0.0% |
| Financial debts | 43 | - | €1,695 | +€1,695 | |
| Credit institutions | 430/8 | - | €1,695 | +€1,695 | |
| Trade debts | 44 | €40,586 | €27,586 | -€12,999 | -32.0% |
| Suppliers | 440/4 | €40,586 | €27,586 | -€12,999 | -32.0% |
| Taxes, remuneration and social security | 45 | €35,217 | €55,896 | +€20,680 | +58.7% |
| Taxes | 450/3 | €16,100 | €15,781 | -€319 | -2.0% |
| Remuneration and social security | 454/9 | €19,117 | €40,115 | +€20,998 | +110% |
| Remuneration, social security and pensions | 62 | €230,335 | €293,473 | +€63,138 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,418 | €4,162 | +€744 | +21.8% |
| Other operating charges | 640/8 | €4,880 | €690 | -€4,189 | -85.9% |
| Gross operating margin | 9900 | €302,475 | €302,254 | -€221 | -0.1% |
| Operating profit (loss) | 9901 | €63,842 | €3,928 | -€59,913 | -93.8% |
| Financial income | 75/76B | €21 | €1,383 | +€1,363 | +6,628% |
| Recurring financial income | 75 | €21 | €807 | +€787 | +3,826% |
| Non-recurring financial income | 76B | - | €576 | +€576 | |
| Financial charges | 65/66B | €4,164 | €14,737 | +€10,573 | +254% |
| Recurring financial charges | 65 | €4,164 | €4,178 | +€14 | +0.3% |
| Non-recurring financial charges | 66B | - | €10,559 | +€10,559 | |
| Profit (loss) for the period before taxes | 9903 | €59,698 | -€9,425 | -€69,123 | |
| Income taxes | 67/77 | €14,536 | -€48 | -€14,584 | |
| Profit (loss) for the period | 9904 | €45,162 | -€9,377 | -€54,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,162 | -€9,377 | -€54,540 |
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 16 October 2026 via checked.be.