BOUCK: 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.
BOUCK
Largest movements
- Tangible fixed assets -€11,107
down €11,107 (-21.7%), from €51,106 to €39,999
- Cash -€7,435
down €7,435 (-74.7%), from €9,950 to €2,514
mainly Net result for the year (-€15,018) and Debts after one year (-€5,824)
- Receivables within one year +€3,446
up €3,446 (+10.8%), from €31,963 to €35,410
of which Trade receivables: +€2,933
- Deferred charges and accrued income -€1,791
down €1,791 (-79.9%), from €2,242 to €450
- Profit (loss) carried forward -€15,018
down €15,018 (-34.8%), from €43,214 to €28,196
- Tax, wage and social debts +€11,411
up €11,411 (+308.5%), from €3,699 to €15,111
of which Remuneration and social security: +€11,233
- Debts after one year -€5,824
down €5,824 (-24.8%), from €23,454 to €17,631
- Trade debts -€5,555
down €5,555 (-84.7%), from €6,557 to €1,001
- Other debts -€2,291
down €2,291 (-18.3%), from €12,519 to €10,228
- Gross operating margin -€19,301
down €19,301, from €18,240 to -€1,061
- Depreciation +€7,104
up €7,104 (+169.4%), from €4,195 to €11,299
- Financial charges -€1,237
down €1,237 (-42.0%), from €2,946 to €1,708
- Staff costs -€390
down €390 (-27.9%), from €1,400 to €1,010
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 | €113,670 | €96,590 | -€17,080 | -15.0% |
| Fixed assets | 21/28 | €54,906 | €43,607 | -€11,299 | -20.6% |
| Intangible fixed assets | 21 | €269 | €77 | -€192 | -71.5% |
| Tangible fixed assets | 22/27 | €51,106 | €39,999 | -€11,107 | -21.7% |
| Furniture and vehicles | 24 | €51,106 | €39,999 | -€11,107 | -21.7% |
| Financial fixed assets | 28 | €3,531 | €3,531 | = | 0.0% |
| Current assets | 29/58 | €58,764 | €52,984 | -€5,781 | -9.8% |
| Amounts receivable within one year | 40/41 | €31,963 | €35,410 | +€3,446 | +10.8% |
| Trade receivables | 40 | €30,000 | €32,933 | +€2,933 | +9.8% |
| Other amounts receivable | 41 | €1,963 | €2,477 | +€513 | +26.1% |
| Current investments | 50/53 | €14,610 | €14,610 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,950 | €2,514 | -€7,435 | -74.7% |
| Deferred charges and accrued income | 490/1 | €2,242 | €450 | -€1,791 | -79.9% |
| Total equity and liabilities | 10/49 | €113,670 | €96,590 | -€17,080 | -15.0% |
| Equity | 10/15 | €61,814 | €46,796 | -€15,018 | -24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,214 | €28,196 | -€15,018 | -34.8% |
| Amounts payable | 17/49 | €51,857 | €49,794 | -€2,062 | -4.0% |
| Amounts payable after more than one year | 17 | €23,454 | €17,631 | -€5,824 | -24.8% |
| Financial debts | 170/4 | €23,454 | €17,631 | -€5,824 | -24.8% |
| Amounts payable within one year | 42/48 | €28,402 | €32,164 | +€3,762 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €5,627 | €5,824 | +€197 | +3.5% |
| Trade debts | 44 | €6,557 | €1,001 | -€5,555 | -84.7% |
| Suppliers | 440/4 | €6,557 | €1,001 | -€5,555 | -84.7% |
| Taxes, remuneration and social security | 45 | €3,699 | €15,111 | +€11,411 | +308.5% |
| Taxes | 450/3 | €463 | €642 | +€178 | +38.5% |
| Remuneration and social security | 454/9 | €3,236 | €14,469 | +€11,233 | +347.1% |
| Other amounts payable | 47/48 | €12,519 | €10,228 | -€2,291 | -18.3% |
| Remuneration, social security and pensions | 62 | €1,400 | €1,010 | -€390 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,195 | €11,299 | +€7,104 | +169.4% |
| Other operating charges | 640/8 | €1 | - | -€1 | |
| Gross operating margin | 9900 | €18,240 | -€1,061 | -€19,301 | |
| Operating profit (loss) | 9901 | €12,645 | -€13,370 | -€26,015 | |
| Financial income | 75/76B | €256 | €294 | +€39 | +15.1% |
| Recurring financial income | 75 | €256 | €294 | +€39 | +15.1% |
| Financial charges | 65/66B | €2,946 | €1,708 | -€1,237 | -42.0% |
| Recurring financial charges | 65 | €2,946 | €1,708 | -€1,237 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €9,955 | -€14,784 | -€24,739 | |
| Income taxes | 67/77 | €234 | €234 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | €9,721 | -€15,018 | -€24,738 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,721 | -€15,018 | -€24,738 |
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.