BOUHARRAT: 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.
BOUHARRAT
Largest movements
- Cash +€8,216
up €8,216 (+276%), from €2,981 to €11,197
mainly Net result for the year (+€10,988) and Depreciation (+€2,852)
- Financial fixed assets +€2,000
up €2,000 (+1,667%), from €120 to €2,120
- Tangible fixed assets -€1,697
down €1,697 (-16.2%), from €10,483 to €8,787
- Profit (loss) carried forward +€10,988
up €10,988, from -€5,059 to €5,929
- Trade debts -€3,045
down €3,045 (-80.2%), from €3,797 to €751
- Tax, wage and social debts +€577
up €577 (+12.8%), from €4,510 to €5,088
of which Taxes: +€3,010
- Gross operating margin +€12,615
up €12,615 (+210%), from €6,006 to €18,621
- Staff costs +€2,836
new in 2025: €2,836
- Taxes +€1,485
new in 2025: €1,485
- Depreciation +€231
up €231 (+8.8%), from €2,621 to €2,852
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 | €21,848 | €30,368 | +€8,520 | +39.0% |
| Fixed assets | 21/28 | €10,603 | €10,907 | +€304 | +2.9% |
| Tangible fixed assets | 22/27 | €10,483 | €8,787 | -€1,697 | -16.2% |
| Furniture and vehicles | 24 | €10,483 | €8,787 | -€1,697 | -16.2% |
| Financial fixed assets | 28 | €120 | €2,120 | +€2,000 | +1,667% |
| Current assets | 29/58 | €11,245 | €19,461 | +€8,216 | +73.1% |
| Amounts receivable within one year | 40/41 | €8,264 | €8,264 | = | 0.0% |
| Trade receivables | 40 | €8,264 | €8,264 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,981 | €11,197 | +€8,216 | +276% |
| Total equity and liabilities | 10/49 | €21,848 | €30,368 | +€8,520 | +39.0% |
| Equity | 10/15 | €13,541 | €24,529 | +€10,988 | +81.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,059 | €5,929 | +€10,988 | |
| Amounts payable | 17/49 | €8,307 | €5,839 | -€2,468 | -29.7% |
| Amounts payable within one year | 42/48 | €8,307 | €5,839 | -€2,468 | -29.7% |
| Trade debts | 44 | €3,797 | €751 | -€3,045 | -80.2% |
| Suppliers | 440/4 | €3,797 | €751 | -€3,045 | -80.2% |
| Taxes, remuneration and social security | 45 | €4,510 | €5,088 | +€577 | +12.8% |
| Taxes | 450/3 | €1,510 | €4,521 | +€3,010 | +199% |
| Remuneration and social security | 454/9 | €3,000 | €567 | -€2,433 | -81.1% |
| Remuneration, social security and pensions | 62 | - | €2,836 | +€2,836 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,621 | €2,852 | +€231 | +8.8% |
| Other operating charges | 640/8 | €482 | €387 | -€95 | -19.7% |
| Gross operating margin | 9900 | €6,006 | €18,621 | +€12,615 | +210% |
| Operating profit (loss) | 9901 | €2,903 | €12,546 | +€9,643 | +332% |
| Financial charges | 65/66B | €139 | €73 | -€66 | -47.2% |
| Recurring financial charges | 65 | €139 | €73 | -€66 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €2,764 | €12,473 | +€9,709 | +351% |
| Income taxes | 67/77 | - | €1,485 | +€1,485 | |
| Profit (loss) for the period | 9904 | €2,764 | €10,988 | +€8,224 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €2,764 | €10,988 | +€8,224 | +298% |
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 18 October 2026 via checked.be.