Boukem: 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.
Boukem
Largest movements
- Current investments +€163,158
up €163,158 (+28.6%), from €569,559 to €732,716
- Deferred charges and accrued income +€65,839
up €65,839 (+83.4%), from €78,938 to €144,777
- Tangible fixed assets -€47,374
down €47,374 (-16.0%), from €295,608 to €248,235
of which Land and buildings: -€37,719
- Cash -€35,898
down €35,898 (-27.4%), from €131,096 to €95,198
mainly Current investments (-€163,158) and Deferred charges and accrued income (-€65,839)
- Reserves +€197,000
up €197,000 (+22.4%), from €879,540 to €1.1m
of which Distributable reserves: +€197,000
- Other debts -€24,463
down €24,463 (-34.9%), from €70,013 to €45,550
- Tax, wage and social debts -€23,015
down €23,015 (-93.9%), from €24,515 to €1,500
of which Taxes: -€24,515
- Gross operating margin -€39,580
down €39,580 (-9.1%), from €436,027 to €396,447
- Financial charges -€12,878
down €12,878 (-86.9%), from €14,817 to €1,939
- Depreciation -€11,720
down €11,720 (-19.8%), from €59,093 to €47,374
- Financial income +€7,886
up €7,886 (+190%), from €4,142 to €12,028
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 | €1,077,602 | €1,228,505 | +€150,903 | +14.0% |
| Fixed assets | 21/28 | €298,008 | €250,635 | -€47,374 | -15.9% |
| Tangible fixed assets | 22/27 | €295,608 | €248,235 | -€47,374 | -16.0% |
| Land and buildings | 22 | €283,056 | €245,338 | -€37,719 | -13.3% |
| Plant, machinery and equipment | 23 | €4,596 | €2,897 | -€1,698 | -37.0% |
| Furniture and vehicles | 24 | €7,956 | - | -€7,956 | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €779,593 | €977,870 | +€198,277 | +25.4% |
| Amounts receivable within one year | 40/41 | - | €5,178 | +€5,178 | |
| Other amounts receivable | 41 | - | €5,178 | +€5,178 | |
| Current investments | 50/53 | €569,559 | €732,716 | +€163,158 | +28.6% |
| Cash at bank and in hand | 54/58 | €131,096 | €95,198 | -€35,898 | -27.4% |
| Deferred charges and accrued income | 490/1 | €78,938 | €144,777 | +€65,839 | +83.4% |
| Total equity and liabilities | 10/49 | €1,077,602 | €1,228,505 | +€150,903 | +14.0% |
| Equity | 10/15 | €977,154 | €1,175,106 | +€197,952 | +20.3% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €879,540 | €1,076,540 | +€197,000 | +22.4% |
| Tax-exempt reserves | 132 | €2,540 | €2,540 | = | 0.0% |
| Distributable reserves | 133 | €877,000 | €1,074,000 | +€197,000 | +22.5% |
| Profit (loss) carried forward | 14 | €7,615 | €8,566 | +€952 | +12.5% |
| Amounts payable | 17/49 | €100,447 | €53,399 | -€47,049 | -46.8% |
| Amounts payable within one year | 42/48 | €99,942 | €52,841 | -€47,101 | -47.1% |
| Trade debts | 44 | €5,414 | €5,791 | +€377 | +7.0% |
| Suppliers | 440/4 | €5,414 | €5,791 | +€377 | +7.0% |
| Taxes, remuneration and social security | 45 | €24,515 | €1,500 | -€23,015 | -93.9% |
| Taxes | 450/3 | €24,515 | - | -€24,515 | |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €70,013 | €45,550 | -€24,463 | -34.9% |
| Accrued charges and deferred income | 492/3 | €506 | €558 | +€52 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,093 | €47,374 | -€11,720 | -19.8% |
| Other operating charges | 640/8 | €1,501 | €1,575 | +€74 | +4.9% |
| Gross operating margin | 9900 | €436,027 | €396,447 | -€39,580 | -9.1% |
| Operating profit (loss) | 9901 | €375,433 | €347,498 | -€27,934 | -7.4% |
| Financial income | 75/76B | €4,142 | €12,028 | +€7,886 | +190% |
| Recurring financial income | 75 | €4,142 | €12,028 | +€7,886 | +190% |
| Financial charges | 65/66B | €14,817 | €1,939 | -€12,878 | -86.9% |
| Recurring financial charges | 65 | €14,817 | €1,939 | -€12,878 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | €364,758 | €357,588 | -€7,170 | -2.0% |
| Income taxes | 67/77 | €120,757 | €118,636 | -€2,121 | -1.8% |
| Profit (loss) for the period | 9904 | €244,001 | €238,952 | -€5,049 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €244,001 | €238,952 | -€5,049 | -2.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.