BOUH: 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.
BOUH
Largest movements
- Tangible fixed assets +€35,952
up €35,952 (+95.4%), from €37,671 to €73,624
of which Furniture and vehicles: +€38,581
- Cash -€24,232
down €24,232 (-9.4%), from €256,598 to €232,366
mainly Contributions, distributions and other (-€222,000) and Investment in fixed assets (net) (-€56,537)
- Receivables within one year +€20,679
up €20,679 (+16.8%), from €123,429 to €144,108
of which Trade receivables: +€29,973
- Profit (loss) carried forward -€139,893
down €139,893 (-70.6%), from €198,201 to €58,308
- Other debts +€63,700
up €63,700 (+51.0%), from €125,000 to €188,700
- Tax, wage and social debts +€43,705
up €43,705 (+139%), from €31,538 to €75,243
- Trade debts +€36,833
up €36,833 (+59.2%), from €62,249 to €99,082
of which Suppliers: +€37,097
- Debts after one year +€15,977
new in 2025: €15,977
- Gross operating margin -€29,834
down €29,834 (-17.8%), from €167,800 to €137,966
- Taxes -€11,084
down €11,084 (-25.8%), from €43,025 to €31,941
- Depreciation +€7,001
up €7,001 (+51.5%), from €13,584 to €20,585
- Financial income -€3,195
down €3,195 (-80.3%), from €3,981 to €786
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 | €419,988 | €452,484 | +€32,496 | +7.7% |
| Fixed assets | 21/28 | €37,671 | €73,624 | +€35,952 | +95.4% |
| Tangible fixed assets | 22/27 | €37,671 | €73,624 | +€35,952 | +95.4% |
| Plant, machinery and equipment | 23 | €1,412 | €899 | -€514 | -36.4% |
| Furniture and vehicles | 24 | €29,706 | €68,287 | +€38,581 | +130% |
| Other tangible fixed assets | 26 | €6,553 | €4,438 | -€2,115 | -32.3% |
| Current assets | 29/58 | €382,317 | €378,860 | -€3,456 | -0.9% |
| Amounts receivable within one year | 40/41 | €123,429 | €144,108 | +€20,679 | +16.8% |
| Trade receivables | 40 | €88,367 | €118,340 | +€29,973 | +33.9% |
| Other amounts receivable | 41 | €35,062 | €25,768 | -€9,295 | -26.5% |
| Cash at bank and in hand | 54/58 | €256,598 | €232,366 | -€24,232 | -9.4% |
| Deferred charges and accrued income | 490/1 | €2,289 | €2,386 | +€97 | +4.2% |
| Total equity and liabilities | 10/49 | €419,988 | €452,484 | +€32,496 | +7.7% |
| Equity | 10/15 | €201,201 | €61,308 | -€139,893 | -69.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198,201 | €58,308 | -€139,893 | -70.6% |
| Amounts payable | 17/49 | €218,787 | €391,176 | +€172,389 | +78.8% |
| Amounts payable after more than one year | 17 | - | €15,977 | +€15,977 | |
| Financial debts | 170/4 | - | €15,977 | +€15,977 | |
| Amounts payable within one year | 42/48 | €218,787 | €375,199 | +€156,412 | +71.5% |
| Financial debts | 43 | - | €12,174 | +€12,174 | |
| Credit institutions | 430/8 | - | €12,174 | +€12,174 | |
| Trade debts | 44 | €62,249 | €99,082 | +€36,833 | +59.2% |
| Suppliers | 440/4 | €61,985 | €99,082 | +€37,097 | +59.8% |
| Bills of exchange payable | 441 | €264 | - | -€264 | |
| Taxes, remuneration and social security | 45 | €31,538 | €75,243 | +€43,705 | +139% |
| Taxes | 450/3 | €31,538 | €75,243 | +€43,705 | +139% |
| Other amounts payable | 47/48 | €125,000 | €188,700 | +€63,700 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,584 | €20,585 | +€7,001 | +51.5% |
| Other operating charges | 640/8 | €1,763 | €1,591 | -€172 | -9.8% |
| Gross operating margin | 9900 | €167,800 | €137,966 | -€29,834 | -17.8% |
| Operating profit (loss) | 9901 | €152,453 | €115,790 | -€36,663 | -24.0% |
| Financial income | 75/76B | €3,981 | €786 | -€3,195 | -80.3% |
| Recurring financial income | 75 | €3,981 | €786 | -€3,195 | -80.3% |
| Financial charges | 65/66B | €1,238 | €2,529 | +€1,291 | +104% |
| Recurring financial charges | 65 | €1,238 | €2,529 | +€1,291 | +104% |
| Profit (loss) for the period before taxes | 9903 | €155,197 | €114,048 | -€41,149 | -26.5% |
| Income taxes | 67/77 | €43,025 | €31,941 | -€11,084 | -25.8% |
| Profit (loss) for the period | 9904 | €112,172 | €82,107 | -€30,066 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €112,172 | €82,107 | -€30,066 | -26.8% |
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 29 October 2026 via checked.be.