BOULE DE DOG: 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.
BOULE DE DOG
Largest movements
- Receivables within one year +€10,044
up €10,044 (+358%), from €2,806 to €12,850
of which Other amounts receivable: +€7,193
- Cash -€5,759
down €5,759 (-73.3%), from €7,852 to €2,094
mainly Receivables within one year (-€10,044) and Investment in fixed assets (net) (-€3,981)
- Tangible fixed assets +€3,765
new in 2025: €3,765
- Stocks and contracts +€235
up €235 (+18.9%), from €1,243 to €1,479
- Debts after one year +€2,835
new in 2025: €2,835
- Tax, wage and social debts +€2,537
up €2,537 (+31.2%), from €8,125 to €10,662
of which Taxes: +€1,365
- Trade debts +€1,984
up €1,984 (+97.7%), from €2,030 to €4,014
- Current portion of long-term debt +€1,632
new in 2025: €1,632
- Accrued charges and deferred income -€800
down €800 (-100%), from €800 to €0
- Staff costs +€26,276
up €26,276 (+237%), from €11,096 to €37,372
- Gross operating margin +€26,047
up €26,047 (+209%), from €12,463 to €38,510
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 | €12,402 | €20,498 | +€8,096 | +65.3% |
| Fixed assets | 21/28 | €250 | €4,015 | +€3,765 | +1,506% |
| Tangible fixed assets | 22/27 | - | €3,765 | +€3,765 | |
| Plant, machinery and equipment | 23 | - | €3,765 | +€3,765 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €12,152 | €16,482 | +€4,331 | +35.6% |
| Stocks and contracts in progress | 3 | €1,243 | €1,479 | +€235 | +18.9% |
| Stocks | 30/36 | €1,243 | €1,479 | +€235 | +18.9% |
| Amounts receivable within one year | 40/41 | €2,806 | €12,850 | +€10,044 | +358% |
| Trade receivables | 40 | €714 | €3,565 | +€2,851 | +399% |
| Other amounts receivable | 41 | €2,092 | €9,285 | +€7,193 | +344% |
| Cash at bank and in hand | 54/58 | €7,852 | €2,094 | -€5,759 | -73.3% |
| Deferred charges and accrued income | 490/1 | €250 | €60 | -€190 | -76.0% |
| Total equity and liabilities | 10/49 | €12,402 | €20,498 | +€8,096 | +65.3% |
| Equity | 10/15 | €1,447 | €1,354 | -€92 | -6.4% |
| Contributions | 10/11 | €1,050 | €1,050 | = | 0.0% |
| Reserves | 13 | €397 | €304 | -€92 | -23.3% |
| Distributable reserves | 133 | €397 | €304 | -€92 | -23.3% |
| Amounts payable | 17/49 | €10,955 | €19,143 | +€8,188 | +74.7% |
| Amounts payable after more than one year | 17 | - | €2,835 | +€2,835 | |
| Financial debts | 170/4 | - | €2,835 | +€2,835 | |
| Amounts payable within one year | 42/48 | €10,155 | €16,308 | +€6,153 | +60.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,632 | +€1,632 | |
| Trade debts | 44 | €2,030 | €4,014 | +€1,984 | +97.7% |
| Suppliers | 440/4 | €2,030 | €4,014 | +€1,984 | +97.7% |
| Taxes, remuneration and social security | 45 | €8,125 | €10,662 | +€2,537 | +31.2% |
| Taxes | 450/3 | €4,414 | €5,779 | +€1,365 | +30.9% |
| Remuneration and social security | 454/9 | €3,711 | €4,883 | +€1,172 | +31.6% |
| Accrued charges and deferred income | 492/3 | €800 | €0 | -€800 | -100% |
| Remuneration, social security and pensions | 62 | €11,096 | €37,372 | +€26,276 | +237% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €216 | +€216 | |
| Other operating charges | 640/8 | €779 | €886 | +€108 | +13.8% |
| Gross operating margin | 9900 | €12,463 | €38,510 | +€26,047 | +209% |
| Operating profit (loss) | 9901 | €589 | €36 | -€553 | -93.9% |
| Financial income | 75/76B | €21 | €237 | +€216 | +1,004% |
| Recurring financial income | 75 | €21 | €237 | +€216 | +1,004% |
| Financial charges | 65/66B | €74 | €248 | +€174 | +234% |
| Recurring financial charges | 65 | €74 | €248 | +€174 | +234% |
| Profit (loss) for the period before taxes | 9903 | €536 | €25 | -€511 | -95.3% |
| Income taxes | 67/77 | €139 | €117 | -€22 | -15.7% |
| Profit (loss) for the period | 9904 | €397 | -€92 | -€489 | |
| Profit (loss) for the period to be appropriated | 9905 | €397 | -€92 | -€489 |
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.