BOULFALFAL: 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.
BOULFALFAL
Largest movements
- Receivables within one year -€22,152
down €22,152 (-93.1%), from €23,788 to €1,637
of which Trade receivables: -€23,609
- Cash +€4,192
up €4,192 (+657%), from €638 to €4,831
mainly Receivables within one year (+€22,152) and Contributions, distributions and other (+€12,915)
- Tangible fixed assets -€467
down €467 (-16.7%), from €2,797 to €2,330
of which Land and buildings: -€467
- Stocks and contracts +€456
up €456 (+34.6%), from €1,318 to €1,774
of which Contracts in progress: +€1,774
- Trade debts -€27,646
down €27,646 (-82.3%), from €33,603 to €5,957
- Contributions +€12,915
up €12,915 (+68.9%), from €18,750 to €31,665
- Other debts -€12,915
no longer reported in 2025 (was €12,915)
- Profit (loss) carried forward +€9,675
up €9,675 (+26.3%), from -€36,726 to -€27,051
- Turnover +€60,405
new in 2025: €60,405
- Purchases and services +€50,348
new in 2025: €50,348
- Gross operating margin +€16,150
up €16,150, from -€5,637 to €10,513
- Other operating charges -€737
down €737 (-69.0%), from €1,069 to €332
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 | €28,542 | €10,571 | -€17,971 | -63.0% |
| Fixed assets | 21/28 | €2,797 | €2,330 | -€467 | -16.7% |
| Tangible fixed assets | 22/27 | €2,797 | €2,330 | -€467 | -16.7% |
| Land and buildings | 22 | €2,797 | €2,330 | -€467 | -16.7% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €25,745 | €8,241 | -€17,503 | -68.0% |
| Stocks and contracts in progress | 3 | €1,318 | €1,774 | +€456 | +34.6% |
| Stocks | 30/36 | €1,318 | - | -€1,318 | |
| Contracts in progress | 37 | - | €1,774 | +€1,774 | |
| Amounts receivable within one year | 40/41 | €23,788 | €1,637 | -€22,152 | -93.1% |
| Trade receivables | 40 | €23,609 | - | -€23,609 | |
| Other amounts receivable | 41 | €179 | €1,637 | +€1,458 | +816% |
| Cash at bank and in hand | 54/58 | €638 | €4,831 | +€4,192 | +657% |
| Total equity and liabilities | 10/49 | €28,542 | €10,571 | -€17,971 | -63.0% |
| Equity | 10/15 | -€17,976 | €4,614 | +€22,591 | |
| Contributions | 10/11 | €18,750 | €31,665 | +€12,915 | +68.9% |
| Contributions outside capital | 11 | €18,750 | - | -€18,750 | |
| Share premium | 1100/10 | €18,750 | - | -€18,750 | |
| Profit (loss) carried forward | 14 | -€36,726 | -€27,051 | +€9,675 | +26.3% |
| Amounts payable | 17/49 | €46,518 | €5,957 | -€40,561 | -87.2% |
| Amounts payable within one year | 42/48 | €46,518 | €5,957 | -€40,561 | -87.2% |
| Trade debts | 44 | €33,603 | €5,957 | -€27,646 | -82.3% |
| Suppliers | 440/4 | €33,603 | €5,957 | -€27,646 | -82.3% |
| Other amounts payable | 47/48 | €12,915 | - | -€12,915 | |
| Turnover | 70 | - | €60,405 | +€60,405 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €50,348 | +€50,348 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €467 | = | 0.0% |
| Other operating charges | 640/8 | €1,069 | €332 | -€737 | -69.0% |
| Gross operating margin | 9900 | -€5,637 | €10,513 | +€16,150 | |
| Operating profit (loss) | 9901 | -€7,174 | €9,714 | +€16,887 | |
| Financial charges | 65/66B | €37 | €38 | +€2 | +4.7% |
| Recurring financial charges | 65 | €37 | €38 | +€2 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,210 | €9,675 | +€16,886 | |
| Profit (loss) for the period | 9904 | -€7,210 | €9,675 | +€16,886 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,210 | €9,675 | +€16,886 |
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 16 October 2026 via checked.be.