Boucherieke: 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.
Boucherieke
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Cash -€39,740
down €39,740 (-33.3%), from €119,511 to €79,770
mainly Current investments (-€75,000) and Contributions, distributions and other (-€62,741)
- Receivables within one year -€19,899
down €19,899 (-41.4%), from €48,122 to €28,223
of which Other amounts receivable: -€34,904
- Stocks and contracts -€4,209
down €4,209 (-22.0%), from €19,094 to €14,885
- Other debts +€20,674
new in 2025: €20,674
- Reserves -€13,480
down €13,480 (-7.7%), from €174,125 to €160,645
- Tax, wage and social debts +€8,875
up €8,875 (+20.6%), from €42,982 to €51,857
of which Remuneration and social security: +€14,786
- Trade debts -€4,072
down €4,072 (-100%), from €4,072 to €0
- Staff costs +€52,414
up €52,414 (+29.2%), from €179,368 to €231,782
- Gross operating margin +€46,541
up €46,541 (+16.7%), from €278,794 to €325,335
- Depreciation -€5,925
down €5,925 (-28.7%), from €20,672 to €14,747
- Financial charges -€3,920
down €3,920 (-97.9%), from €4,006 to €86
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 | €251,179 | €263,176 | +€11,997 | +4.8% |
| Fixed assets | 21/28 | €59,025 | €58,180 | -€845 | -1.4% |
| Tangible fixed assets | 22/27 | €59,025 | €58,180 | -€845 | -1.4% |
| Land and buildings | 22 | €48,577 | €42,053 | -€6,523 | -13.4% |
| Plant, machinery and equipment | 23 | €3,916 | €5,447 | +€1,531 | +39.1% |
| Furniture and vehicles | 24 | €6,532 | €10,680 | +€4,148 | +63.5% |
| Current assets | 29/58 | €192,154 | €204,996 | +€12,842 | +6.7% |
| Stocks and contracts in progress | 3 | €19,094 | €14,885 | -€4,209 | -22.0% |
| Stocks | 30/36 | €19,094 | €14,885 | -€4,209 | -22.0% |
| Amounts receivable within one year | 40/41 | €48,122 | €28,223 | -€19,899 | -41.4% |
| Trade receivables | 40 | €13,173 | €28,178 | +€15,005 | +114% |
| Other amounts receivable | 41 | €34,949 | €45 | -€34,904 | -99.9% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €119,511 | €79,770 | -€39,740 | -33.3% |
| Deferred charges and accrued income | 490/1 | €5,427 | €7,118 | +€1,691 | +31.2% |
| Total equity and liabilities | 10/49 | €251,179 | €263,176 | +€11,997 | +4.8% |
| Equity | 10/15 | €204,125 | €190,645 | -€13,480 | -6.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €174,125 | €160,645 | -€13,480 | -7.7% |
| Distributable reserves | 133 | €174,125 | €160,645 | -€13,480 | -7.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €47,054 | €72,531 | +€25,477 | +54.1% |
| Amounts payable within one year | 42/48 | €47,054 | €72,531 | +€25,477 | +54.1% |
| Trade debts | 44 | €4,072 | €0 | -€4,072 | -100% |
| Suppliers | 440/4 | €4,072 | €0 | -€4,072 | -100% |
| Taxes, remuneration and social security | 45 | €42,982 | €51,857 | +€8,875 | +20.6% |
| Taxes | 450/3 | €15,579 | €9,668 | -€5,911 | -37.9% |
| Remuneration and social security | 454/9 | €27,403 | €42,189 | +€14,786 | +54.0% |
| Other amounts payable | 47/48 | - | €20,674 | +€20,674 | |
| Non-recurring operating income | 76A | - | €4,781 | +€4,781 | |
| Remuneration, social security and pensions | 62 | €179,368 | €231,782 | +€52,414 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,672 | €14,747 | -€5,925 | -28.7% |
| Other operating charges | 640/8 | €2,208 | €2,625 | +€417 | +18.9% |
| Non-recurring operating charges | 66A | €993 | €0 | -€993 | -100% |
| Gross operating margin | 9900 | €278,794 | €325,335 | +€46,541 | +16.7% |
| Operating profit (loss) | 9901 | €75,553 | €76,181 | +€628 | +0.8% |
| Financial income | 75/76B | €4,007 | €867 | -€3,139 | -78.4% |
| Recurring financial income | 75 | €4,007 | €867 | -€3,139 | -78.4% |
| Non-recurring financial income | 76B | €4,007 | - | -€4,007 | |
| Financial charges | 65/66B | €4,006 | €86 | -€3,920 | -97.9% |
| Recurring financial charges | 65 | €4,006 | €86 | -€3,920 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €75,554 | €76,962 | +€1,408 | +1.9% |
| Income taxes | 67/77 | €28,894 | €27,701 | -€1,192 | -4.1% |
| Profit (loss) for the period | 9904 | €46,660 | €49,261 | +€2,600 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,660 | €49,261 | +€2,600 | +5.6% |
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.