BOUILLON-KNOP: 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-KNOP
Largest movements
- Receivables within one year -€612,613
down €612,613 (-77.0%), from €795,959 to €183,346
of which Trade receivables: -€579,249
- Cash -€93,811
down €93,811 (-59.4%), from €158,052 to €64,241
mainly Trade debts (-€460,963) and Other debts (-€157,905)
- Trade debts -€460,963
down €460,963 (-84.8%), from €543,418 to €82,454
- Other debts -€157,905
down €157,905 (-62.4%), from €253,144 to €95,239
- Debts after one year -€68,585
down €68,585 (-5.6%), from €1.2m to €1.2m
- Profit (loss) carried forward -€35,104
new in 2026: -€35,104
- Gross operating margin -€108,430
down €108,430 (-40.8%), from €266,014 to €157,584
- Financial charges +€26,956
up €26,956 (+123%), from €21,869 to €48,825
- Depreciation -€16,868
down €16,868 (-12.1%), from €139,865 to €122,997
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,218,955 | €2,505,475 | -€713,481 | -22.2% |
| Fixed assets | 21/28 | €2,264,025 | €2,257,582 | -€6,444 | -0.3% |
| Tangible fixed assets | 22/27 | €2,192,231 | €2,185,787 | -€6,444 | -0.3% |
| Land and buildings | 22 | €1,699,509 | €1,736,580 | +€37,071 | +2.2% |
| Plant, machinery and equipment | 23 | €492,722 | €449,207 | -€43,515 | -8.8% |
| Financial fixed assets | 28 | €71,795 | €71,795 | = | 0.0% |
| Current assets | 29/58 | €954,930 | €247,893 | -€707,037 | -74.0% |
| Amounts receivable within one year | 40/41 | €795,959 | €183,346 | -€612,613 | -77.0% |
| Trade receivables | 40 | €729,880 | €150,631 | -€579,249 | -79.4% |
| Other amounts receivable | 41 | €66,079 | €32,715 | -€33,364 | -50.5% |
| Cash at bank and in hand | 54/58 | €158,052 | €64,241 | -€93,811 | -59.4% |
| Deferred charges and accrued income | 490/1 | €919 | €306 | -€613 | -66.7% |
| Total equity and liabilities | 10/49 | €3,218,955 | €2,505,475 | -€713,481 | -22.2% |
| Equity | 10/15 | €1,115,709 | €1,080,605 | -€35,104 | -3.1% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €615,709 | €615,709 | = | 0.0% |
| Distributable reserves | 133 | €615,709 | €615,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,104 | -€35,104 | |
| Amounts payable | 17/49 | €2,103,246 | €1,424,869 | -€678,377 | -32.3% |
| Amounts payable after more than one year | 17 | €1,228,535 | €1,159,950 | -€68,585 | -5.6% |
| Financial debts | 170/4 | €1,228,535 | €1,159,950 | -€68,585 | -5.6% |
| Amounts payable within one year | 42/48 | €874,711 | €264,919 | -€609,792 | -69.7% |
| Current portion of amounts payable after more than one year | 42 | €72,320 | €74,835 | +€2,515 | +3.5% |
| Trade debts | 44 | €543,418 | €82,454 | -€460,963 | -84.8% |
| Suppliers | 440/4 | €543,418 | €82,454 | -€460,963 | -84.8% |
| Taxes, remuneration and social security | 45 | €5,830 | €12,392 | +€6,561 | +113% |
| Taxes | 450/3 | €2,883 | €10,860 | +€7,977 | +277% |
| Remuneration and social security | 454/9 | €2,947 | €1,532 | -€1,416 | -48.0% |
| Other amounts payable | 47/48 | €253,144 | €95,239 | -€157,905 | -62.4% |
| Remuneration, social security and pensions | 62 | €319 | - | -€319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,865 | €122,997 | -€16,868 | -12.1% |
| Other operating charges | 640/8 | €22,911 | €20,312 | -€2,598 | -11.3% |
| Gross operating margin | 9900 | €266,014 | €157,584 | -€108,430 | -40.8% |
| Operating profit (loss) | 9901 | €102,919 | €14,274 | -€88,644 | -86.1% |
| Financial charges | 65/66B | €21,869 | €48,825 | +€26,956 | +123% |
| Recurring financial charges | 65 | €21,869 | €48,825 | +€26,956 | +123% |
| Profit (loss) for the period before taxes | 9903 | €81,050 | -€34,550 | -€115,600 | |
| Income taxes | 67/77 | €537 | €553 | +€16 | +3.1% |
| Profit (loss) for the period | 9904 | €80,513 | -€35,104 | -€115,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,513 | -€35,104 | -€115,616 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.