BOUQUELLE: 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.
BOUQUELLE
Largest movements
- Tangible fixed assets -€45,113
down €45,113 (-38.7%), from €116,428 to €71,314
of which Furniture and vehicles: -€27,527
- Intangible fixed assets +€5,886
new in 2025: €5,886
- Receivables within one year +€4,826
up €4,826 (+8.2%), from €59,031 to €63,858
of which Trade receivables: +€7,720
- Cash -€4,748
down €4,748 (-12.1%), from €39,352 to €34,604
mainly Other debts (-€20,000) and Tax, wage and social debts (-€14,748)
- Other debts -€20,000
no longer reported in 2025 (was €20,000)
- Tax, wage and social debts -€14,748
down €14,748 (-48.4%), from €30,467 to €15,719
- Current portion of long-term debt -€14,305
down €14,305 (-44.3%), from €32,316 to €18,011
- Debts after one year -€13,208
down €13,208 (-42.4%), from €31,145 to €17,937
- Trade debts +€12,673
up €12,673 (+65.8%), from €19,269 to €31,941
- Gross operating margin -€52,344
down €52,344 (-45.6%), from €114,903 to €62,559
- Other operating charges -€11,086
down €11,086 (-80.5%), from €13,765 to €2,679
- Taxes -€7,159
down €7,159 (-51.8%), from €13,817 to €6,657
- Depreciation +€4,888
up €4,888 (+14.2%), from €34,537 to €39,425
- Write-downs -€1,513
no longer reported in 2025 (was €1,513)
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 | €220,266 | €182,118 | -€38,148 | -17.3% |
| Fixed assets | 21/28 | €116,453 | €77,226 | -€39,227 | -33.7% |
| Intangible fixed assets | 21 | - | €5,886 | +€5,886 | |
| Tangible fixed assets | 22/27 | €116,428 | €71,314 | -€45,113 | -38.7% |
| Land and buildings | 22 | €19,708 | €17,965 | -€1,743 | -8.8% |
| Plant, machinery and equipment | 23 | €32,162 | €16,318 | -€15,843 | -49.3% |
| Furniture and vehicles | 24 | €64,558 | €37,031 | -€27,527 | -42.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €103,813 | €104,892 | +€1,079 | +1.0% |
| Amounts receivable within one year | 40/41 | €59,031 | €63,858 | +€4,826 | +8.2% |
| Trade receivables | 40 | €43,572 | €51,292 | +€7,720 | +17.7% |
| Other amounts receivable | 41 | €15,459 | €12,566 | -€2,893 | -18.7% |
| Cash at bank and in hand | 54/58 | €39,352 | €34,604 | -€4,748 | -12.1% |
| Deferred charges and accrued income | 490/1 | €5,430 | €6,431 | +€1,001 | +18.4% |
| Total equity and liabilities | 10/49 | €220,266 | €182,118 | -€38,148 | -17.3% |
| Equity | 10/15 | €87,070 | €98,167 | +€11,097 | +12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,689 | €67,689 | +€10,000 | +17.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €55,829 | €65,829 | +€10,000 | +17.9% |
| Profit (loss) carried forward | 14 | €23,182 | €24,278 | +€1,097 | +4.7% |
| Amounts payable | 17/49 | €133,196 | €83,951 | -€49,245 | -37.0% |
| Amounts payable after more than one year | 17 | €31,145 | €17,937 | -€13,208 | -42.4% |
| Financial debts | 170/4 | €31,145 | €17,937 | -€13,208 | -42.4% |
| Amounts payable within one year | 42/48 | €102,051 | €66,014 | -€36,037 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €32,316 | €18,011 | -€14,305 | -44.3% |
| Trade debts | 44 | €19,269 | €31,941 | +€12,673 | +65.8% |
| Suppliers | 440/4 | €19,269 | €31,941 | +€12,673 | +65.8% |
| Advances received on contracts in progress | 46 | - | €343 | +€343 | |
| Taxes, remuneration and social security | 45 | €30,467 | €15,719 | -€14,748 | -48.4% |
| Taxes | 450/3 | €30,467 | €15,719 | -€14,748 | -48.4% |
| Other amounts payable | 47/48 | €20,000 | - | -€20,000 | |
| Non-recurring operating income | 76A | - | €4,741 | +€4,741 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,537 | €39,425 | +€4,888 | +14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,513 | - | -€1,513 | |
| Other operating charges | 640/8 | €13,765 | €2,679 | -€11,086 | -80.5% |
| Gross operating margin | 9900 | €114,903 | €62,559 | -€52,344 | -45.6% |
| Operating profit (loss) | 9901 | €65,089 | €20,456 | -€44,634 | -68.6% |
| Financial income | 75/76B | €73 | €213 | +€140 | +192% |
| Recurring financial income | 75 | €73 | €213 | +€140 | +192% |
| Financial charges | 65/66B | €2,802 | €2,914 | +€113 | +4.0% |
| Recurring financial charges | 65 | €2,802 | €2,914 | +€113 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €62,360 | €17,754 | -€44,606 | -71.5% |
| Income taxes | 67/77 | €13,817 | €6,657 | -€7,159 | -51.8% |
| Profit (loss) for the period | 9904 | €48,544 | €11,097 | -€37,447 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,544 | €11,097 | -€37,447 | -77.1% |
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 27 October 2026 via checked.be.