BOUCKAERT DRIES: 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.
BOUCKAERT DRIES
Largest movements
- Cash +€78,457
up €78,457 (+1,346%), from €5,829 to €84,286
mainly Stocks and contracts (+€46,060) and Net result for the year (+€36,428)
- Stocks and contracts -€46,060
down €46,060 (-43.9%), from €104,860 to €58,800
of which Contracts in progress: -€30,672
- Tangible fixed assets +€27,704
up €27,704 (+19.1%), from €144,931 to €172,635
of which Leasing and similar rights: +€45,824
- Receivables within one year -€23,004
down €23,004 (-17.2%), from €134,044 to €111,040
of which Trade receivables: -€18,434
- Other debts +€29,450
new in 2025: €29,450
- Trade debts -€27,591
down €27,591 (-83.5%), from €33,029 to €5,438
- Debts after one year +€18,547
up €18,547 (+33.3%), from €55,658 to €74,205
of which Trade debts: +€74,205
- Accrued charges and deferred income +€14,986
new in 2025: €14,986
- Reserves +€5,428
up €5,428 (+2.1%), from €257,948 to €263,376
- Gross operating margin +€30,386
up €30,386 (+48.1%), from €63,142 to €93,528
- Depreciation -€17,384
down €17,384 (-36.3%), from €47,833 to €30,449
- Taxes +€16,613
up €16,613 (+527%), from €3,153 to €19,766
- Other operating charges +€3,802
new in 2025: €3,802
- Financial income +€2,242
new in 2025: €2,242
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 | €393,826 | €433,589 | +€39,763 | +10.1% |
| Fixed assets | 21/28 | €145,066 | €172,770 | +€27,704 | +19.1% |
| Tangible fixed assets | 22/27 | €144,931 | €172,635 | +€27,704 | +19.1% |
| Land and buildings | 22 | €110,501 | €97,768 | -€12,733 | -11.5% |
| Plant, machinery and equipment | 23 | €1,412 | €5,584 | +€4,172 | +295% |
| Furniture and vehicles | 24 | €33,018 | €23,459 | -€9,559 | -29.0% |
| Leasing and similar rights | 25 | - | €45,824 | +€45,824 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €248,760 | €260,819 | +€12,059 | +4.8% |
| Stocks and contracts in progress | 3 | €104,860 | €58,800 | -€46,060 | -43.9% |
| Stocks | 30/36 | €74,188 | €58,800 | -€15,388 | -20.7% |
| Contracts in progress | 37 | €30,672 | - | -€30,672 | |
| Amounts receivable within one year | 40/41 | €134,044 | €111,040 | -€23,004 | -17.2% |
| Trade receivables | 40 | €120,719 | €102,285 | -€18,434 | -15.3% |
| Other amounts receivable | 41 | €13,325 | €8,754 | -€4,571 | -34.3% |
| Cash at bank and in hand | 54/58 | €5,829 | €84,286 | +€78,457 | +1,346% |
| Deferred charges and accrued income | 490/1 | €4,027 | €6,694 | +€2,667 | +66.2% |
| Total equity and liabilities | 10/49 | €393,826 | €433,589 | +€39,763 | +10.1% |
| Equity | 10/15 | €270,348 | €275,776 | +€5,428 | +2.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €257,948 | €263,376 | +€5,428 | +2.1% |
| Distributable reserves | 133 | €257,948 | €263,376 | +€5,428 | +2.1% |
| Amounts payable | 17/49 | €123,478 | €157,813 | +€34,335 | +27.8% |
| Amounts payable after more than one year | 17 | €55,658 | €74,205 | +€18,547 | +33.3% |
| Financial debts | 170/4 | €55,658 | - | -€55,658 | |
| Trade debts | 175 | - | €74,205 | +€74,205 | |
| Amounts payable within one year | 42/48 | €67,820 | €68,621 | +€801 | +1.2% |
| Current portion of amounts payable after more than one year | 42 | €33,825 | €32,183 | -€1,642 | -4.9% |
| Trade debts | 44 | €33,029 | €5,438 | -€27,591 | -83.5% |
| Suppliers | 440/4 | €33,029 | €5,438 | -€27,591 | -83.5% |
| Taxes, remuneration and social security | 45 | €966 | €1,550 | +€584 | +60.5% |
| Taxes | 450/3 | €966 | €1,550 | +€584 | +60.5% |
| Other amounts payable | 47/48 | - | €29,450 | +€29,450 | |
| Accrued charges and deferred income | 492/3 | - | €14,986 | +€14,986 | |
| Non-recurring operating income | 76A | - | €1,887 | +€1,887 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,833 | €30,449 | -€17,384 | -36.3% |
| Other operating charges | 640/8 | - | €3,802 | +€3,802 | |
| Non-recurring operating charges | 66A | - | €625 | +€625 | |
| Gross operating margin | 9900 | €63,142 | €93,528 | +€30,386 | +48.1% |
| Operating profit (loss) | 9901 | €15,309 | €58,652 | +€43,343 | +283% |
| Financial income | 75/76B | - | €2,242 | +€2,242 | |
| Recurring financial income | 75 | - | €2,242 | +€2,242 | |
| Financial charges | 65/66B | €4,763 | €4,699 | -€64 | -1.3% |
| Recurring financial charges | 65 | €4,763 | €4,699 | -€64 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €10,546 | €56,195 | +€45,649 | +433% |
| Income taxes | 67/77 | €3,153 | €19,766 | +€16,613 | +527% |
| Profit (loss) for the period | 9904 | €7,393 | €36,428 | +€29,035 | +393% |
| Profit (loss) for the period to be appropriated | 9905 | €7,393 | €36,428 | +€29,035 | +393% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.