BOUQUETS: 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.
BOUQUETS
Largest movements
- Receivables within one year +€20,752
up €20,752 (+51.4%), from €40,346 to €61,098
of which Other amounts receivable: +€27,207
- Tangible fixed assets -€13,394
down €13,394 (-17.3%), from €77,203 to €63,809
of which Land and buildings: -€9,184
- Deferred charges and accrued income -€6,471
down €6,471 (-78.8%), from €8,212 to €1,741
- Cash -€6,070
down €6,070 (-3.2%), from €188,661 to €182,591
mainly Receivables within one year (-€20,752) and Net result for the year (-€12,914)
- Profit (loss) carried forward -€12,914
new in 2025: -€12,914
- Tax, wage and social debts +€11,491
up €11,491 (+19.0%), from €60,617 to €72,107
of which Remuneration and social security: +€19,284
- Trade debts -€11,057
down €11,057 (-22.0%), from €50,274 to €39,218
- Short-term financial debts +€8,771
new in 2025: €8,771
- Gross operating margin -€73,271
down €73,271 (-21.1%), from €347,044 to €273,773
- Taxes -€27,994
down €27,994 (-95.3%), from €29,366 to €1,372
- Staff costs +€25,422
up €25,422 (+11.1%), from €228,572 to €253,994
- Financial charges -€5,539
down €5,539 (-31.8%), from €17,409 to €11,870
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 | €337,896 | €335,789 | -€2,108 | -0.6% |
| Fixed assets | 21/28 | €77,203 | €63,809 | -€13,394 | -17.3% |
| Tangible fixed assets | 22/27 | €77,203 | €63,809 | -€13,394 | -17.3% |
| Land and buildings | 22 | €60,034 | €50,850 | -€9,184 | -15.3% |
| Plant, machinery and equipment | 23 | €12,890 | €10,096 | -€2,794 | -21.7% |
| Furniture and vehicles | 24 | €4,279 | €2,863 | -€1,416 | -33.1% |
| Current assets | 29/58 | €260,694 | €271,980 | +€11,286 | +4.3% |
| Stocks and contracts in progress | 3 | €23,475 | €26,550 | +€3,075 | +13.1% |
| Stocks | 30/36 | €23,475 | €26,550 | +€3,075 | +13.1% |
| Amounts receivable within one year | 40/41 | €40,346 | €61,098 | +€20,752 | +51.4% |
| Trade receivables | 40 | €14,496 | €8,042 | -€6,454 | -44.5% |
| Other amounts receivable | 41 | €25,850 | €53,057 | +€27,207 | +105% |
| Cash at bank and in hand | 54/58 | €188,661 | €182,591 | -€6,070 | -3.2% |
| Deferred charges and accrued income | 490/1 | €8,212 | €1,741 | -€6,471 | -78.8% |
| Total equity and liabilities | 10/49 | €337,896 | €335,789 | -€2,108 | -0.6% |
| Equity | 10/15 | €226,548 | €213,634 | -€12,914 | -5.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €201,548 | €201,548 | = | 0.0% |
| Distributable reserves | 133 | €201,548 | €201,548 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,914 | -€12,914 | |
| Amounts payable | 17/49 | €111,348 | €122,154 | +€10,807 | +9.7% |
| Amounts payable within one year | 42/48 | €111,348 | €120,095 | +€8,747 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €457 | €0 | -€457 | -100% |
| Financial debts | 43 | - | €8,771 | +€8,771 | |
| Credit institutions | 430/8 | - | €8,771 | +€8,771 | |
| Trade debts | 44 | €50,274 | €39,218 | -€11,057 | -22.0% |
| Suppliers | 440/4 | €50,274 | €39,218 | -€11,057 | -22.0% |
| Taxes, remuneration and social security | 45 | €60,617 | €72,107 | +€11,491 | +19.0% |
| Taxes | 450/3 | €27,355 | €19,562 | -€7,793 | -28.5% |
| Remuneration and social security | 454/9 | €33,261 | €52,545 | +€19,284 | +58.0% |
| Accrued charges and deferred income | 492/3 | - | €2,059 | +€2,059 | |
| Non-recurring operating income | 76A | €373 | €0 | -€373 | -100% |
| Remuneration, social security and pensions | 62 | €228,572 | €253,994 | +€25,422 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,766 | €13,394 | -€3,372 | -20.1% |
| Other operating charges | 640/8 | €6,275 | €6,128 | -€147 | -2.3% |
| Non-recurring operating charges | 66A | €1,593 | €0 | -€1,593 | -100% |
| Gross operating margin | 9900 | €347,044 | €273,773 | -€73,271 | -21.1% |
| Operating profit (loss) | 9901 | €93,839 | €257 | -€93,582 | -99.7% |
| Financial income | 75/76B | €363 | €71 | -€292 | -80.4% |
| Recurring financial income | 75 | €363 | €71 | -€292 | -80.4% |
| Financial charges | 65/66B | €17,409 | €11,870 | -€5,539 | -31.8% |
| Recurring financial charges | 65 | €17,409 | €11,870 | -€5,539 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €76,792 | -€11,542 | -€88,334 | |
| Income taxes | 67/77 | €29,366 | €1,372 | -€27,994 | -95.3% |
| Profit (loss) for the period | 9904 | €47,426 | -€12,914 | -€60,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,426 | -€12,914 | -€60,340 |
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.