BOULARBAH MR: 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.
BOULARBAH MR
Largest movements
- Receivables within one year +€177,131
new in 2025: €177,131
- Cash -€136,100
down €136,100 (-64.3%), from €211,669 to €75,569
mainly Receivables within one year (-€177,131) and Contributions, distributions and other (-€175,000)
- Tangible fixed assets -€15,183
down €15,183 (-65.2%), from €23,286 to €8,104
of which Leasing and similar rights: -€13,286
- Deferred charges and accrued income +€3,075
up €3,075 (+9.7%), from €31,837 to €34,912
- Other debts +€21,992
up €21,992 (+14.4%), from €153,008 to €175,000
- Tax, wage and social debts +€18,812
up €18,812 (+57.4%), from €32,753 to €51,565
- Profit (loss) carried forward -€10,815
down €10,815 (-30.3%), from €35,726 to €24,911
- Current portion of long-term debt -€4,186
no longer reported in 2025 (was €4,186)
- Trade debts +€3,111
up €3,111 (+15.0%), from €20,733 to €23,845
- Gross operating margin +€62,573
up €62,573 (+37.3%), from €167,659 to €230,232
- Taxes +€19,049
up €19,049 (+46.7%), from €40,753 to €59,802
- Depreciation -€9,319
down €9,319 (-70.2%), from €13,279 to €3,960
- Financial income +€3,946
up €3,946 (+524%), from €753 to €4,699
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 | €267,156 | €296,079 | +€28,923 | +10.8% |
| Fixed assets | 21/28 | €23,649 | €8,467 | -€15,183 | -64.2% |
| Tangible fixed assets | 22/27 | €23,286 | €8,104 | -€15,183 | -65.2% |
| Furniture and vehicles | 24 | €10,001 | €8,104 | -€1,897 | -19.0% |
| Leasing and similar rights | 25 | €13,286 | - | -€13,286 | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €243,507 | €287,612 | +€44,106 | +18.1% |
| Amounts receivable within one year | 40/41 | - | €177,131 | +€177,131 | |
| Other amounts receivable | 41 | - | €177,131 | +€177,131 | |
| Cash at bank and in hand | 54/58 | €211,669 | €75,569 | -€136,100 | -64.3% |
| Deferred charges and accrued income | 490/1 | €31,837 | €34,912 | +€3,075 | +9.7% |
| Total equity and liabilities | 10/49 | €267,156 | €296,079 | +€28,923 | +10.8% |
| Equity | 10/15 | €56,186 | €45,371 | -€10,815 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,726 | €24,911 | -€10,815 | -30.3% |
| Amounts payable | 17/49 | €210,970 | €250,708 | +€39,738 | +18.8% |
| Amounts payable within one year | 42/48 | €210,680 | €250,409 | +€39,729 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €4,186 | - | -€4,186 | |
| Trade debts | 44 | €20,733 | €23,845 | +€3,111 | +15.0% |
| Suppliers | 440/4 | €20,733 | €23,845 | +€3,111 | +15.0% |
| Taxes, remuneration and social security | 45 | €32,753 | €51,565 | +€18,812 | +57.4% |
| Taxes | 450/3 | €32,753 | €51,565 | +€18,812 | +57.4% |
| Other amounts payable | 47/48 | €153,008 | €175,000 | +€21,992 | +14.4% |
| Accrued charges and deferred income | 492/3 | €290 | €299 | +€9 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,279 | €3,960 | -€9,319 | -70.2% |
| Other operating charges | 640/8 | €7,187 | €5,464 | -€1,723 | -24.0% |
| Gross operating margin | 9900 | €167,659 | €230,232 | +€62,573 | +37.3% |
| Operating profit (loss) | 9901 | €147,193 | €220,808 | +€73,614 | +50.0% |
| Financial income | 75/76B | €753 | €4,699 | +€3,946 | +524% |
| Recurring financial income | 75 | €753 | €4,699 | +€3,946 | +524% |
| Financial charges | 65/66B | €460 | €1,520 | +€1,060 | +230% |
| Recurring financial charges | 65 | €460 | €1,520 | +€1,060 | +230% |
| Profit (loss) for the period before taxes | 9903 | €147,486 | €223,987 | +€76,501 | +51.9% |
| Income taxes | 67/77 | €40,753 | €59,802 | +€19,049 | +46.7% |
| Profit (loss) for the period | 9904 | €106,733 | €164,185 | +€57,452 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €106,733 | €164,185 | +€57,452 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.