BOUILLON & CIE: 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.
BOUILLON & CIE
Largest movements
- Cash -€165,482
down €165,482 (-80.7%), from €204,962 to €39,480
mainly Contributions, distributions and other (-€151,639) and Net result for the year (-€148,520)
- Tangible fixed assets +€10,598
up €10,598 (+6.5%), from €162,766 to €173,364
of which Plant, machinery and equipment: +€32,670
- Profit (loss) carried forward -€288,520
down €288,520, from €280,031 to -€8,489
- Advances received +€100,957
up €100,957 (+185%), from €54,578 to €155,535
- Trade debts +€57,532
up €57,532 (+525%), from €10,965 to €68,497
- Current portion of long-term debt -€14,678
down €14,678 (-93.4%), from €15,707 to €1,030
- Other debts +€10,207
up €10,207 (+1,504%), from €678 to €10,886
- Gross operating margin -€168,142
down €168,142 (-78.9%), from €213,077 to €44,935
- Depreciation -€5,178
down €5,178 (-11.7%), from €44,431 to €39,253
- Financial income -€4,999
down €4,999 (-23.3%), from €21,428 to €16,429
- Taxes -€4,599
down €4,599 (-100%), from €4,599 to €0
- Staff costs +€2,310
up €2,310 (+1.4%), from €163,686 to €165,996
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 | €471,145 | €317,568 | -€153,577 | -32.6% |
| Fixed assets | 21/28 | €162,816 | €173,414 | +€10,598 | +6.5% |
| Tangible fixed assets | 22/27 | €162,766 | €173,364 | +€10,598 | +6.5% |
| Land and buildings | 22 | €127,860 | €113,213 | -€14,647 | -11.5% |
| Plant, machinery and equipment | 23 | €17,413 | €50,083 | +€32,670 | +188% |
| Furniture and vehicles | 24 | €17,493 | €10,068 | -€7,425 | -42.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €308,328 | €144,154 | -€164,175 | -53.2% |
| Stocks and contracts in progress | 3 | €38,506 | €35,201 | -€3,305 | -8.6% |
| Stocks | 30/36 | €38,506 | €35,201 | -€3,305 | -8.6% |
| Amounts receivable within one year | 40/41 | €63,847 | €65,418 | +€1,571 | +2.5% |
| Trade receivables | 40 | €55,752 | €59,771 | +€4,019 | +7.2% |
| Other amounts receivable | 41 | €8,095 | €5,647 | -€2,448 | -30.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €204,962 | €39,480 | -€165,482 | -80.7% |
| Deferred charges and accrued income | 490/1 | €1,014 | €4,055 | +€3,042 | +300% |
| Total equity and liabilities | 10/49 | €471,145 | €317,568 | -€153,577 | -32.6% |
| Equity | 10/15 | €371,320 | €71,161 | -€300,159 | -80.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,110 | €44,110 | -€10,000 | -18.5% |
| Tax-exempt reserves | 132 | €42,250 | €42,250 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €1,860 | -€10,000 | -84.3% |
| Profit (loss) carried forward | 14 | €280,031 | -€8,489 | -€288,520 | |
| Investment grants | 15 | €18,579 | €16,940 | -€1,639 | -8.8% |
| Amounts payable | 17/49 | €99,825 | €246,407 | +€146,582 | +147% |
| Amounts payable after more than one year | 17 | €1,030 | €0 | -€1,030 | -100% |
| Financial debts | 170/4 | €1,030 | €0 | -€1,030 | -100% |
| Amounts payable within one year | 42/48 | €98,795 | €246,407 | +€147,612 | +149% |
| Current portion of amounts payable after more than one year | 42 | €15,707 | €1,030 | -€14,678 | -93.4% |
| Trade debts | 44 | €10,965 | €68,497 | +€57,532 | +525% |
| Suppliers | 440/4 | €10,965 | €68,497 | +€57,532 | +525% |
| Advances received on contracts in progress | 46 | €54,578 | €155,535 | +€100,957 | +185% |
| Taxes, remuneration and social security | 45 | €16,867 | €10,460 | -€6,407 | -38.0% |
| Taxes | 450/3 | €4,748 | €965 | -€3,783 | -79.7% |
| Remuneration and social security | 454/9 | €12,119 | €9,496 | -€2,624 | -21.6% |
| Other amounts payable | 47/48 | €678 | €10,886 | +€10,207 | +1,504% |
| Remuneration, social security and pensions | 62 | €163,686 | €165,996 | +€2,310 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,431 | €39,253 | -€5,178 | -11.7% |
| Other operating charges | 640/8 | €5,448 | €4,150 | -€1,298 | -23.8% |
| Gross operating margin | 9900 | €213,077 | €44,935 | -€168,142 | -78.9% |
| Operating profit (loss) | 9901 | -€488 | -€164,463 | -€163,975 | -33,635% |
| Financial income | 75/76B | €21,428 | €16,429 | -€4,999 | -23.3% |
| Recurring financial income | 75 | €21,428 | €16,429 | -€4,999 | -23.3% |
| Financial charges | 65/66B | €1,016 | €486 | -€531 | -52.2% |
| Recurring financial charges | 65 | €1,016 | €486 | -€531 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €19,924 | -€148,520 | -€168,444 | |
| Income taxes | 67/77 | €4,599 | €0 | -€4,599 | -100% |
| Profit (loss) for the period | 9904 | €15,325 | -€148,520 | -€163,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,325 | -€148,520 | -€163,845 |
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 24 October 2026 via checked.be.