BOUKAN: what changed
Two fiscal 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.
BOUKAN
Largest movements
- Receivables within one year +€21,475
up €21,475 (+314.0%), from €6,839 to €28,313
of which Trade receivables: +€20,531
- Cash +€15,904
up €15,904 (+482.6%), from €3,296 to €19,200
mainly Deferred charges and accrued income (+€14,480) and Other debts (+€11,156)
- Deferred charges and accrued income -€14,480
down €14,480 (-96.0%), from €15,085 to €605
- Other debts +€11,156
up €11,156 (+89.9%), from €12,414 to €23,570
- Profit (loss) carried forward +€6,440
up €6,440, from -€139 to €6,300
- Advances received +€4,235
new in 2025: €4,235
- Trade debts +€3,196
up €3,196 (+57.5%), from €5,560 to €8,756
- Tax, wage and social debts -€2,431
down €2,431 (-42.7%), from €5,688 to €3,257
of which Remuneration and social security: -€1,700
- Other operating charges -€9,280
down €9,280 (-41.1%), from €22,561 to €13,281
- Gross operating margin +€8,431
up €8,431 (+60.5%), from €13,940 to €22,371
- Taxes +€2,044
up €2,044 (+1596.6%), from €128 to €2,172
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 | €25,573 | €48,118 | +€22,545 | +88.2% |
| Fixed assets | 21/28 | €353 | - | -€353 | |
| Tangible fixed assets | 22/27 | €353 | - | -€353 | |
| Furniture and vehicles | 24 | €353 | - | -€353 | |
| Current assets | 29/58 | €25,220 | €48,118 | +€22,899 | +90.8% |
| Amounts receivable within one year | 40/41 | €6,839 | €28,313 | +€21,475 | +314.0% |
| Trade receivables | 40 | €6,839 | €27,370 | +€20,531 | +300.2% |
| Other amounts receivable | 41 | - | €944 | +€944 | |
| Cash at bank and in hand | 54/58 | €3,296 | €19,200 | +€15,904 | +482.6% |
| Deferred charges and accrued income | 490/1 | €15,085 | €605 | -€14,480 | -96.0% |
| Total equity and liabilities | 10/49 | €25,573 | €48,118 | +€22,545 | +88.2% |
| Equity | 10/15 | €1,861 | €8,300 | +€6,440 | +346.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139 | €6,300 | +€6,440 | |
| Amounts payable | 17/49 | €23,712 | €39,818 | +€16,106 | +67.9% |
| Amounts payable within one year | 42/48 | €23,662 | €39,818 | +€16,156 | +68.3% |
| Trade debts | 44 | €5,560 | €8,756 | +€3,196 | +57.5% |
| Suppliers | 440/4 | €5,560 | €8,756 | +€3,196 | +57.5% |
| Advances received on contracts in progress | 46 | - | €4,235 | +€4,235 | |
| Taxes, remuneration and social security | 45 | €5,688 | €3,257 | -€2,431 | -42.7% |
| Taxes | 450/3 | €3,988 | €3,257 | -€731 | -18.3% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €12,414 | €23,570 | +€11,156 | +89.9% |
| Accrued charges and deferred income | 492/3 | €50 | - | -€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €424 | €353 | -€71 | -16.7% |
| Other operating charges | 640/8 | €22,561 | €13,281 | -€9,280 | -41.1% |
| Gross operating margin | 9900 | €13,940 | €22,371 | +€8,431 | +60.5% |
| Operating profit (loss) | 9901 | -€9,045 | €8,737 | +€17,782 | |
| Financial income | 75/76B | €182 | - | -€182 | |
| Recurring financial income | 75 | €182 | - | -€182 | |
| Financial charges | 65/66B | €122 | €126 | +€3 | +2.8% |
| Recurring financial charges | 65 | €122 | €126 | +€3 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,986 | €8,611 | +€17,597 | |
| Income taxes | 67/77 | €128 | €2,172 | +€2,044 | +1596.6% |
| Profit (loss) for the period | 9904 | -€9,114 | €6,440 | +€15,553 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,114 | €6,440 | +€15,553 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.