BOUNPASEUTH: 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.
BOUNPASEUTH
Largest movements
- Cash -€13,237
down €13,237 (-82.2%), from €16,108 to €2,871
mainly Net result for the year (-€22,934) and Investment in fixed assets (net) (-€12,072)
- Receivables within one year -€1,311
no longer reported in 2025 (was €1,311)
- Profit (loss) carried forward -€22,934
down €22,934, from €12,222 to -€10,711
- Tax, wage and social debts +€8,456
up €8,456 (+102.7%), from €8,236 to €16,691
of which Remuneration and social security: +€7,947
- Other debts +€3,885
up €3,885 (+6.8%), from €57,235 to €61,120
- Trade debts -€1,649
down €1,649 (-33.6%), from €4,904 to €3,255
- Advances received -€1,468
no longer reported in 2025 (was €1,468)
- Staff costs +€13,161
up €13,161 (+117.5%), from €11,201 to €24,363
- Depreciation +€4,004
up €4,004 (+46.3%), from €8,640 to €12,644
- Gross operating margin -€3,673
down €3,673 (-16.3%), from €22,477 to €18,803
- Taxes +€1,323
up €1,323, from -€520 to €803
- Other operating charges +€890
up €890 (+163.0%), from €546 to €1,436
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 | €104,343 | €90,633 | -€13,709 | -13.1% |
| Fixed assets | 21/28 | €57,018 | €56,446 | -€572 | -1.0% |
| Tangible fixed assets | 22/27 | €54,384 | €53,762 | -€622 | -1.1% |
| Plant, machinery and equipment | 23 | €42,915 | €37,338 | -€5,577 | -13.0% |
| Furniture and vehicles | 24 | €11,469 | €16,424 | +€4,956 | +43.2% |
| Financial fixed assets | 28 | €2,634 | €2,684 | +€50 | +1.9% |
| Current assets | 29/58 | €47,325 | €34,187 | -€13,138 | -27.8% |
| Amounts receivable after more than one year | 29 | €26,800 | €26,800 | = | 0.0% |
| Other amounts receivable | 291 | €26,800 | €26,800 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,642 | €3,494 | +€852 | +32.3% |
| Stocks | 30/36 | €2,642 | €3,494 | +€852 | +32.3% |
| Amounts receivable within one year | 40/41 | €1,311 | - | -€1,311 | |
| Trade receivables | 40 | €1,311 | - | -€1,311 | |
| Cash at bank and in hand | 54/58 | €16,108 | €2,871 | -€13,237 | -82.2% |
| Deferred charges and accrued income | 490/1 | €465 | €1,022 | +€558 | +120.0% |
| Total equity and liabilities | 10/49 | €104,343 | €90,633 | -€13,709 | -13.1% |
| Equity | 10/15 | €32,500 | €9,567 | -€22,934 | -70.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,678 | €1,678 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,678 | €1,678 | = | 0.0% |
| Legal reserve | 130 | €1,678 | €1,678 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,222 | -€10,711 | -€22,934 | |
| Amounts payable | 17/49 | €71,843 | €81,067 | +€9,224 | +12.8% |
| Amounts payable within one year | 42/48 | €71,843 | €81,067 | +€9,224 | +12.8% |
| Trade debts | 44 | €4,904 | €3,255 | -€1,649 | -33.6% |
| Suppliers | 440/4 | €4,904 | €3,255 | -€1,649 | -33.6% |
| Advances received on contracts in progress | 46 | €1,468 | - | -€1,468 | |
| Taxes, remuneration and social security | 45 | €8,236 | €16,691 | +€8,456 | +102.7% |
| Taxes | 450/3 | €6,304 | €6,813 | +€509 | +8.1% |
| Remuneration and social security | 454/9 | €1,931 | €9,878 | +€7,947 | +411.5% |
| Other amounts payable | 47/48 | €57,235 | €61,120 | +€3,885 | +6.8% |
| Remuneration, social security and pensions | 62 | €11,201 | €24,363 | +€13,161 | +117.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,640 | €12,644 | +€4,004 | +46.3% |
| Other operating charges | 640/8 | €546 | €1,436 | +€890 | +163.0% |
| Gross operating margin | 9900 | €22,477 | €18,803 | -€3,673 | -16.3% |
| Operating profit (loss) | 9901 | €2,089 | -€19,640 | -€21,729 | |
| Financial income | 75/76B | €830 | €855 | +€26 | +3.1% |
| Recurring financial income | 75 | €830 | €855 | +€26 | +3.1% |
| Financial charges | 65/66B | €4,023 | €3,346 | -€676 | -16.8% |
| Recurring financial charges | 65 | €4,023 | €3,346 | -€676 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,104 | -€22,131 | -€21,027 | -1904.6% |
| Income taxes | 67/77 | -€520 | €803 | +€1,323 | |
| Profit (loss) for the period | 9904 | -€584 | -€22,934 | -€22,349 | -3824.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€584 | -€22,934 | -€22,349 | -3824.9% |
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 9 October 2026 via checked.be.