BOUCKÉ: 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.
BOUCKÉ
Largest movements
- Receivables within one year +€27,629
up €27,629 (+131.8%), from €20,957 to €48,587
of which Trade receivables: +€27,621
- Cash -€16,046
down €16,046 (-54.3%), from €29,577 to €13,531
mainly Contributions, distributions and other (-€51,468) and Other debts (-€42,385)
- Tangible fixed assets -€10,919
down €10,919 (-20.4%), from €53,509 to €42,590
of which Furniture and vehicles: -€12,025
- Current investments -€9,746
down €9,746 (-13.6%), from €71,478 to €61,732
- Other debts -€42,385
down €42,385 (-30.4%), from €139,546 to €97,161
- Tax, wage and social debts +€31,022
up €31,022 (+201.6%), from €15,388 to €46,410
- Trade debts +€3,315
up €3,315 (+84.0%), from €3,947 to €7,262
- Gross operating margin -€36,670
down €36,670 (-31.2%), from €117,657 to €80,988
- Taxes -€7,227
down €7,227 (-35.2%), from €20,505 to €13,278
- Depreciation -€1,219
down €1,219 (-7.1%), from €17,123 to €15,904
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 | €180,122 | €171,841 | -€8,282 | -4.6% |
| Fixed assets | 21/28 | €53,509 | €42,590 | -€10,919 | -20.4% |
| Tangible fixed assets | 22/27 | €53,509 | €42,590 | -€10,919 | -20.4% |
| Land and buildings | 22 | €4,348 | €3,384 | -€964 | -22.2% |
| Plant, machinery and equipment | 23 | €1,987 | €1,680 | -€307 | -15.5% |
| Furniture and vehicles | 24 | €47,174 | €35,149 | -€12,025 | -25.5% |
| Other tangible fixed assets | 26 | - | €2,377 | +€2,377 | |
| Current assets | 29/58 | €126,614 | €129,251 | +€2,637 | +2.1% |
| Amounts receivable within one year | 40/41 | €20,957 | €48,587 | +€27,629 | +131.8% |
| Trade receivables | 40 | €17,655 | €45,276 | +€27,621 | +156.4% |
| Other amounts receivable | 41 | €3,302 | €3,310 | +€8 | +0.3% |
| Current investments | 50/53 | €71,478 | €61,732 | -€9,746 | -13.6% |
| Cash at bank and in hand | 54/58 | €29,577 | €13,531 | -€16,046 | -54.3% |
| Deferred charges and accrued income | 490/1 | €4,602 | €5,402 | +€799 | +17.4% |
| Total equity and liabilities | 10/49 | €180,122 | €171,841 | -€8,282 | -4.6% |
| Equity | 10/15 | €20,405 | €20,405 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €159,717 | €151,436 | -€8,282 | -5.2% |
| Amounts payable within one year | 42/48 | €159,717 | €151,436 | -€8,282 | -5.2% |
| Financial debts | 43 | €836 | €603 | -€233 | -27.8% |
| Credit institutions | 430/8 | €836 | €603 | -€233 | -27.8% |
| Trade debts | 44 | €3,947 | €7,262 | +€3,315 | +84.0% |
| Suppliers | 440/4 | €3,947 | €7,262 | +€3,315 | +84.0% |
| Taxes, remuneration and social security | 45 | €15,388 | €46,410 | +€31,022 | +201.6% |
| Taxes | 450/3 | €15,388 | €46,410 | +€31,022 | +201.6% |
| Other amounts payable | 47/48 | €139,546 | €97,161 | -€42,385 | -30.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,123 | €15,904 | -€1,219 | -7.1% |
| Other operating charges | 640/8 | €658 | €615 | -€43 | -6.5% |
| Non-recurring operating charges | 66A | €305 | €0 | -€305 | -100.0% |
| Gross operating margin | 9900 | €117,657 | €80,988 | -€36,670 | -31.2% |
| Operating profit (loss) | 9901 | €99,571 | €64,468 | -€35,103 | -35.3% |
| Financial income | 75/76B | €127 | €445 | +€319 | +251.6% |
| Recurring financial income | 75 | €127 | €445 | +€319 | +251.6% |
| Financial charges | 65/66B | €163 | €168 | +€5 | +2.9% |
| Recurring financial charges | 65 | €163 | €168 | +€5 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €99,535 | €64,746 | -€34,789 | -35.0% |
| Income taxes | 67/77 | €20,505 | €13,278 | -€7,227 | -35.2% |
| Profit (loss) for the period | 9904 | €79,030 | €51,468 | -€27,562 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,030 | €51,468 | -€27,562 | -34.9% |
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 7 October 2026 via checked.be.