Bouharmont frères: 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.
Bouharmont frères
Largest movements
- Receivables within one year -€83,529
down €83,529 (-58.2%), from €143,529 to €60,000
of which Trade receivables: -€78,186
- Cash +€50,904
up €50,904 (+118.4%), from €42,977 to €93,881
mainly Receivables within one year (+€83,529) and Depreciation (+€5,690)
- Tangible fixed assets -€5,690
down €5,690 (-53.5%), from €10,640 to €4,950
of which Other tangible fixed assets: -€4,219
- Deferred charges and accrued income -€2,472
down €2,472 (-42.2%), from €5,865 to €3,392
- Profit (loss) carried forward -€24,677
down €24,677 (-59.3%), from €41,614 to €16,937
- Tax, wage and social debts -€15,495
down €15,495 (-65.7%), from €23,569 to €8,074
of which Remuneration and social security: -€12,458
- Gross operating margin -€205,861
down €205,861, from €189,353 to -€16,509
- Staff costs -€149,808
down €149,808 (-100.0%), from €149,808 to €0
- Other operating charges -€13,152
down €13,152 (-88.5%), from €14,857 to €1,705
- Taxes -€6,111
down €6,111 (-100.0%), from €6,112 to €1
- Provisions -€5,000
down €5,000 (-100.0%), from €5,000 to €0
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 | €203,011 | €162,224 | -€40,786 | -20.1% |
| Fixed assets | 21/28 | €10,640 | €4,950 | -€5,690 | -53.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €10,640 | €4,950 | -€5,690 | -53.5% |
| Land and buildings | 22 | €2 | €2 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,412 | €2,941 | -€1,471 | -33.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €6,226 | €2,007 | -€4,219 | -67.8% |
| Current assets | 29/58 | €192,370 | €157,274 | -€35,096 | -18.2% |
| Amounts receivable within one year | 40/41 | €143,529 | €60,000 | -€83,529 | -58.2% |
| Trade receivables | 40 | €138,186 | €60,000 | -€78,186 | -56.6% |
| Other amounts receivable | 41 | €5,343 | €0 | -€5,343 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,977 | €93,881 | +€50,904 | +118.4% |
| Deferred charges and accrued income | 490/1 | €5,865 | €3,392 | -€2,472 | -42.2% |
| Total equity and liabilities | 10/49 | €203,011 | €162,224 | -€40,786 | -20.1% |
| Equity | 10/15 | €74,336 | €49,659 | -€24,677 | -33.2% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €2,975 | €2,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €41,614 | €16,937 | -€24,677 | -59.3% |
| Provisions and deferred taxes | 16 | €103,000 | €103,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €103,000 | €103,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €103,000 | €103,000 | = | 0.0% |
| Amounts payable | 17/49 | €25,675 | €9,565 | -€16,110 | -62.7% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €24,983 | €9,565 | -€15,417 | -61.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €434 | €512 | +€78 | +17.9% |
| Suppliers | 440/4 | €434 | €512 | +€78 | +17.9% |
| Taxes, remuneration and social security | 45 | €23,569 | €8,074 | -€15,495 | -65.7% |
| Taxes | 450/3 | €11,111 | €8,074 | -€3,037 | -27.3% |
| Remuneration and social security | 454/9 | €12,458 | €0 | -€12,458 | -100.0% |
| Other amounts payable | 47/48 | €980 | €980 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €692 | €0 | -€692 | -100.0% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €149,808 | €0 | -€149,808 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,642 | €5,690 | -€952 | -14.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,000 | €0 | -€5,000 | -100.0% |
| Other operating charges | 640/8 | €14,857 | €1,705 | -€13,152 | -88.5% |
| Non-recurring operating charges | 66A | €0 | €0 | = | |
| Gross operating margin | 9900 | €189,353 | -€16,509 | -€205,861 | |
| Operating profit (loss) | 9901 | €13,046 | -€23,903 | -€36,949 | |
| Financial income | 75/76B | €2 | €4 | +€2 | +115.5% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +115.5% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €726 | €777 | +€51 | +7.0% |
| Recurring financial charges | 65 | €726 | €777 | +€51 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €12,321 | -€24,676 | -€36,998 | |
| Income taxes | 67/77 | €6,112 | €1 | -€6,111 | -100.0% |
| Profit (loss) for the period | 9904 | €6,210 | -€24,677 | -€30,887 | |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €6,210 | -€24,677 | -€30,887 |
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 10 October 2026 via checked.be.