BOUGRINE CONSTRUCTION: 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.
BOUGRINE CONSTRUCTION
Largest movements
- Receivables within one year +€33,755
up €33,755 (+123%), from €27,553 to €61,308
of which Trade receivables: +€21,095
- Cash -€9,804
down €9,804 (-94.3%), from €10,400 to €595
mainly Receivables within one year (-€33,755) and Trade debts (-€1,693)
- Deferred charges and accrued income -€2,033
down €2,033 (-86.2%), from €2,358 to €326
- Profit (loss) carried forward +€17,165
up €17,165 (+63.1%), from €27,199 to €44,364
- Tax, wage and social debts +€7,511
up €7,511 (+88.4%), from €8,495 to €16,006
of which Taxes: +€7,322
- Trade debts -€1,693
no longer reported in 2025 (was €1,693)
- Other debts -€1,066
down €1,066 (-74.8%), from €1,425 to €359
- Gross operating margin -€19,553
down €19,553 (-46.9%), from €41,654 to €22,101
- Staff costs -€6,474
down €6,474 (-94.3%), from €6,865 to €391
- Taxes -€2,356
down €2,356 (-34.4%), from €6,852 to €4,496
- Financial income +€1,015
new in 2025: €1,015
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 | €40,311 | €62,229 | +€21,918 | +54.4% |
| Current assets | 29/58 | €40,311 | €62,229 | +€21,918 | +54.4% |
| Amounts receivable within one year | 40/41 | €27,553 | €61,308 | +€33,755 | +123% |
| Trade receivables | 40 | €20,967 | €42,062 | +€21,095 | +101% |
| Other amounts receivable | 41 | €6,586 | €19,246 | +€12,660 | +192% |
| Cash at bank and in hand | 54/58 | €10,400 | €595 | -€9,804 | -94.3% |
| Deferred charges and accrued income | 490/1 | €2,358 | €326 | -€2,033 | -86.2% |
| Total equity and liabilities | 10/49 | €40,311 | €62,229 | +€21,918 | +54.4% |
| Equity | 10/15 | €28,199 | €45,364 | +€17,165 | +60.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,199 | €44,364 | +€17,165 | +63.1% |
| Amounts payable | 17/49 | €12,113 | €16,865 | +€4,752 | +39.2% |
| Amounts payable within one year | 42/48 | €11,613 | €16,365 | +€4,752 | +40.9% |
| Trade debts | 44 | €1,693 | - | -€1,693 | |
| Suppliers | 440/4 | €1,693 | - | -€1,693 | |
| Taxes, remuneration and social security | 45 | €8,495 | €16,006 | +€7,511 | +88.4% |
| Taxes | 450/3 | €6,852 | €14,174 | +€7,322 | +107% |
| Remuneration and social security | 454/9 | €1,643 | €1,832 | +€189 | +11.5% |
| Other amounts payable | 47/48 | €1,425 | €359 | -€1,066 | -74.8% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €6,865 | €391 | -€6,474 | -94.3% |
| Other operating charges | 640/8 | €696 | €731 | +€35 | +5.0% |
| Gross operating margin | 9900 | €41,654 | €22,101 | -€19,553 | -46.9% |
| Operating profit (loss) | 9901 | €34,093 | €20,978 | -€13,115 | -38.5% |
| Financial income | 75/76B | - | €1,015 | +€1,015 | |
| Recurring financial income | 75 | - | €1,015 | +€1,015 | |
| Financial charges | 65/66B | €43 | €333 | +€290 | +679% |
| Recurring financial charges | 65 | €43 | €333 | +€290 | +679% |
| Profit (loss) for the period before taxes | 9903 | €34,051 | €21,661 | -€12,390 | -36.4% |
| Income taxes | 67/77 | €6,852 | €4,496 | -€2,356 | -34.4% |
| Profit (loss) for the period | 9904 | €27,199 | €17,165 | -€10,034 | -36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,199 | €17,165 | -€10,034 | -36.9% |
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 20 October 2026 via checked.be.