BOUQUETS: what changed
Two fiscal 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
- Cash -€55,248
down €55,248 (-19.0%), from €290,792 to €235,544
mainly Contributions, distributions and other (-€140,000) and Receivables within one year (-€15,826)
- Current investments -€31,000
down €31,000 (-51.8%), from €59,832 to €28,832
- Tangible fixed assets -€24,357
down €24,357 (-32.9%), from €73,947 to €49,590
of which Furniture and vehicles: -€12,837
- Receivables within one year +€15,826
up €15,826 (+191.4%), from €8,269 to €24,095
of which Trade receivables: +€15,819
- Stocks and contracts +€9,030
up €9,030 (+3.8%), from €236,665 to €245,695
- Reserves -€87,589
down €87,589 (-19.4%), from €451,262 to €363,674
- Trade debts +€14,368
up €14,368 (+11.9%), from €121,164 to €135,532
- Tax, wage and social debts -€10,422
down €10,422 (-14.5%), from €72,027 to €61,605
of which Taxes: -€8,636
- Debts after one year -€10,414
no longer reported in 2025 (was €10,414)
- Accrued charges and deferred income +€8,057
new in 2025: €8,057
- Gross operating margin -€18,173
down €18,173 (-7.6%), from €238,593 to €220,420
- Depreciation -€8,369
down €8,369 (-22.8%), from €36,666 to €28,296
- Taxes -€3,181
down €3,181 (-12.2%), from €26,022 to €22,841
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 | €676,817 | €588,958 | -€87,859 | -13.0% |
| Fixed assets | 21/28 | €81,109 | €54,793 | -€26,316 | -32.4% |
| Intangible fixed assets | 21 | €7,162 | €5,202 | -€1,960 | -27.4% |
| Tangible fixed assets | 22/27 | €73,947 | €49,590 | -€24,357 | -32.9% |
| Land and buildings | 22 | €21,048 | €19,429 | -€1,619 | -7.7% |
| Plant, machinery and equipment | 23 | €22,357 | €12,456 | -€9,901 | -44.3% |
| Furniture and vehicles | 24 | €30,542 | €17,705 | -€12,837 | -42.0% |
| Current assets | 29/58 | €595,708 | €534,165 | -€61,543 | -10.3% |
| Stocks and contracts in progress | 3 | €236,665 | €245,695 | +€9,030 | +3.8% |
| Stocks | 30/36 | €236,665 | €245,695 | +€9,030 | +3.8% |
| Amounts receivable within one year | 40/41 | €8,269 | €24,095 | +€15,826 | +191.4% |
| Trade receivables | 40 | €7,291 | €23,110 | +€15,819 | +217.0% |
| Other amounts receivable | 41 | €978 | €985 | +€7 | +0.7% |
| Current investments | 50/53 | €59,832 | €28,832 | -€31,000 | -51.8% |
| Cash at bank and in hand | 54/58 | €290,792 | €235,544 | -€55,248 | -19.0% |
| Deferred charges and accrued income | 490/1 | €150 | - | -€150 | |
| Total equity and liabilities | 10/49 | €676,817 | €588,958 | -€87,859 | -13.0% |
| Equity | 10/15 | €460,938 | €373,349 | -€87,589 | -19.0% |
| Contributions | 10/11 | €9,676 | €9,676 | = | 0.0% |
| Reserves | 13 | €451,262 | €363,674 | -€87,589 | -19.4% |
| Distributable reserves | 133 | €451,262 | €363,674 | -€87,589 | -19.4% |
| Amounts payable | 17/49 | €215,879 | €215,608 | -€270 | -0.1% |
| Amounts payable after more than one year | 17 | €10,414 | - | -€10,414 | |
| Financial debts | 170/4 | €10,414 | - | -€10,414 | |
| Amounts payable within one year | 42/48 | €205,465 | €207,551 | +€2,086 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €12,274 | €10,414 | -€1,860 | -15.2% |
| Trade debts | 44 | €121,164 | €135,532 | +€14,368 | +11.9% |
| Suppliers | 440/4 | €121,164 | €135,532 | +€14,368 | +11.9% |
| Taxes, remuneration and social security | 45 | €72,027 | €61,605 | -€10,422 | -14.5% |
| Taxes | 450/3 | €58,455 | €49,819 | -€8,636 | -14.8% |
| Remuneration and social security | 454/9 | €13,572 | €11,785 | -€1,786 | -13.2% |
| Accrued charges and deferred income | 492/3 | - | €8,057 | +€8,057 | |
| Remuneration, social security and pensions | 62 | €102,024 | €103,948 | +€1,923 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,666 | €28,296 | -€8,369 | -22.8% |
| Other operating charges | 640/8 | €4,814 | €4,825 | +€11 | +0.2% |
| Gross operating margin | 9900 | €238,593 | €220,420 | -€18,173 | -7.6% |
| Operating profit (loss) | 9901 | €95,089 | €83,351 | -€11,739 | -12.3% |
| Financial charges | 65/66B | €7,678 | €8,098 | +€420 | +5.5% |
| Recurring financial charges | 65 | €7,678 | €8,098 | +€420 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €87,411 | €75,253 | -€12,158 | -13.9% |
| Income taxes | 67/77 | €26,022 | €22,841 | -€3,181 | -12.2% |
| Profit (loss) for the period | 9904 | €61,389 | €52,411 | -€8,978 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,389 | €52,411 | -€8,978 | -14.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.