BOUGRO: 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.
BOUGRO
Largest movements
- Receivables within one year -€19,370
down €19,370 (-24.1%), from €80,225 to €60,854
of which Trade receivables: -€10,451
- Tangible fixed assets -€8,134
down €8,134 (-67.3%), from €12,092 to €3,957
of which Furniture and vehicles: -€7,386
- Financial fixed assets -€1,754
down €1,754 (-100%), from €1,754 to €0
- Advances received -€22,425
no longer reported in 2025 (was €22,425)
- Profit (loss) carried forward +€19,496
up €19,496, from -€9,732 to €9,764
- Trade debts -€17,851
down €17,851 (-52.7%), from €33,895 to €16,044
- Debts after one year -€7,377
down €7,377 (-65.5%), from €11,269 to €3,892
- Tax, wage and social debts -€5,117
down €5,117 (-39.6%), from €12,938 to €7,821
- Staff costs -€37,775
down €37,775 (-98.9%), from €38,181 to €407
- Gross operating margin -€16,834
down €16,834 (-32.9%), from €51,209 to €34,375
- Depreciation -€2,440
down €2,440 (-25.2%), from €9,672 to €7,232
- Financial charges +€1,387
up €1,387 (+35.9%), from €3,864 to €5,251
- Other operating charges -€525
down €525 (-46.3%), from €1,134 to €610
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 | €94,945 | €65,847 | -€29,098 | -30.6% |
| Fixed assets | 21/28 | €13,846 | €3,957 | -€9,889 | -71.4% |
| Tangible fixed assets | 22/27 | €12,092 | €3,957 | -€8,134 | -67.3% |
| Plant, machinery and equipment | 23 | €1,368 | €1,026 | -€342 | -25.0% |
| Furniture and vehicles | 24 | €7,848 | €462 | -€7,386 | -94.1% |
| Other tangible fixed assets | 26 | €2,876 | €2,470 | -€406 | -14.1% |
| Financial fixed assets | 28 | €1,754 | €0 | -€1,754 | -100% |
| Current assets | 29/58 | €81,099 | €61,890 | -€19,209 | -23.7% |
| Amounts receivable within one year | 40/41 | €80,225 | €60,854 | -€19,370 | -24.1% |
| Trade receivables | 40 | €71,086 | €60,635 | -€10,451 | -14.7% |
| Other amounts receivable | 41 | €9,139 | €219 | -€8,919 | -97.6% |
| Cash at bank and in hand | 54/58 | €215 | €1,036 | +€821 | +382% |
| Deferred charges and accrued income | 490/1 | €659 | - | -€659 | |
| Total equity and liabilities | 10/49 | €94,945 | €65,847 | -€29,098 | -30.6% |
| Equity | 10/15 | €2,728 | €22,224 | +€19,496 | +715% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €60 | €60 | = | 0.0% |
| Non-distributable reserves | 130/1 | €60 | €60 | = | 0.0% |
| Reserves not available under the articles | 1311 | €60 | €60 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,732 | €9,764 | +€19,496 | |
| Amounts payable | 17/49 | €92,217 | €43,623 | -€48,594 | -52.7% |
| Amounts payable after more than one year | 17 | €11,269 | €3,892 | -€7,377 | -65.5% |
| Financial debts | 170/4 | €11,269 | €3,892 | -€7,377 | -65.5% |
| Amounts payable within one year | 42/48 | €80,948 | €39,731 | -€41,217 | -50.9% |
| Current portion of amounts payable after more than one year | 42 | €8,066 | €7,377 | -€689 | -8.5% |
| Trade debts | 44 | €33,895 | €16,044 | -€17,851 | -52.7% |
| Suppliers | 440/4 | €33,895 | €16,044 | -€17,851 | -52.7% |
| Advances received on contracts in progress | 46 | €22,425 | - | -€22,425 | |
| Taxes, remuneration and social security | 45 | €12,938 | €7,821 | -€5,117 | -39.6% |
| Taxes | 450/3 | €12,938 | €7,821 | -€5,117 | -39.6% |
| Other amounts payable | 47/48 | €3,624 | €8,489 | +€4,866 | +134% |
| Remuneration, social security and pensions | 62 | €38,181 | €407 | -€37,775 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,672 | €7,232 | -€2,440 | -25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €277 | +€277 | |
| Other operating charges | 640/8 | €1,134 | €610 | -€525 | -46.3% |
| Non-recurring operating charges | 66A | €213 | €860 | +€647 | +303% |
| Gross operating margin | 9900 | €51,209 | €34,375 | -€16,834 | -32.9% |
| Operating profit (loss) | 9901 | €2,008 | €24,991 | +€22,983 | +1,144% |
| Financial income | 75/76B | €12 | €10 | -€3 | -22.2% |
| Recurring financial income | 75 | €12 | €10 | -€3 | -22.2% |
| Financial charges | 65/66B | €3,864 | €5,251 | +€1,387 | +35.9% |
| Recurring financial charges | 65 | €3,864 | €5,251 | +€1,387 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,843 | €19,750 | +€21,593 | |
| Income taxes | 67/77 | €223 | €254 | +€31 | +13.8% |
| Profit (loss) for the period | 9904 | -€2,066 | €19,496 | +€21,562 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,066 | €19,496 | +€21,562 |
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 17 October 2026 via checked.be.