BOURBON G.: 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.
BOURBON G.
Largest movements
- Tangible fixed assets -€16,334
down €16,334 (-23.8%), from €68,488 to €52,154
of which Leasing and similar rights: -€16,737
- Cash +€9,501
up €9,501 (+34.2%), from €27,810 to €37,310
mainly Depreciation (+€16,752) and Net result for the year (+€5,136)
- Receivables within one year -€1,735
down €1,735 (-6.5%), from €26,580 to €24,845
of which Other amounts receivable: -€1,735
- Deferred charges and accrued income +€1,536
up €1,536 (+63.9%), from €2,403 to €3,939
- Debts after one year -€16,823
down €16,823 (-31.7%), from €52,994 to €36,171
- Reserves +€5,136
up €5,136 (+11.3%), from €45,288 to €50,424
- Tax, wage and social debts +€2,886
up €2,886 (+247%), from €1,167 to €4,053
- Other debts +€1,652
up €1,652 (+71.7%), from €2,303 to €3,955
- Financial charges -€738
down €738 (-20.8%), from €3,553 to €2,814
- Gross operating margin -€594
down €594 (-1.9%), from €31,827 to €31,233
- Other operating charges +€568
up €568 (+21.0%), from €2,703 to €3,271
- Depreciation -€393
down €393 (-2.3%), from €17,144 to €16,752
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 | €125,281 | €118,248 | -€7,033 | -5.6% |
| Fixed assets | 21/28 | €68,488 | €52,154 | -€16,334 | -23.8% |
| Tangible fixed assets | 22/27 | €68,488 | €52,154 | -€16,334 | -23.8% |
| Furniture and vehicles | 24 | €805 | €1,208 | +€403 | +50.1% |
| Leasing and similar rights | 25 | €67,684 | €50,947 | -€16,737 | -24.7% |
| Current assets | 29/58 | €56,792 | €66,094 | +€9,301 | +16.4% |
| Amounts receivable within one year | 40/41 | €26,580 | €24,845 | -€1,735 | -6.5% |
| Trade receivables | 40 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 41 | €2,580 | €845 | -€1,735 | -67.2% |
| Cash at bank and in hand | 54/58 | €27,810 | €37,310 | +€9,501 | +34.2% |
| Deferred charges and accrued income | 490/1 | €2,403 | €3,939 | +€1,536 | +63.9% |
| Total equity and liabilities | 10/49 | €125,281 | €118,248 | -€7,033 | -5.6% |
| Equity | 10/15 | €47,788 | €52,924 | +€5,136 | +10.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,288 | €50,424 | +€5,136 | +11.3% |
| Distributable reserves | 133 | €45,288 | €50,424 | +€5,136 | +11.3% |
| Amounts payable | 17/49 | €77,493 | €65,325 | -€12,168 | -15.7% |
| Amounts payable after more than one year | 17 | €52,994 | €36,171 | -€16,823 | -31.7% |
| Financial debts | 170/4 | €52,994 | €36,171 | -€16,823 | -31.7% |
| Amounts payable within one year | 42/48 | €24,224 | €28,879 | +€4,655 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €16,150 | €16,823 | +€673 | +4.2% |
| Trade debts | 44 | €4,603 | €4,048 | -€556 | -12.1% |
| Suppliers | 440/4 | €4,603 | €4,048 | -€556 | -12.1% |
| Taxes, remuneration and social security | 45 | €1,167 | €4,053 | +€2,886 | +247% |
| Taxes | 450/3 | €1,167 | €4,053 | +€2,886 | +247% |
| Other amounts payable | 47/48 | €2,303 | €3,955 | +€1,652 | +71.7% |
| Accrued charges and deferred income | 492/3 | €275 | €275 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,144 | €16,752 | -€393 | -2.3% |
| Other operating charges | 640/8 | €2,703 | €3,271 | +€568 | +21.0% |
| Non-recurring operating charges | 66A | €0 | €805 | +€805 | |
| Gross operating margin | 9900 | €31,827 | €31,233 | -€594 | -1.9% |
| Operating profit (loss) | 9901 | €11,980 | €10,406 | -€1,575 | -13.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,553 | €2,814 | -€738 | -20.8% |
| Recurring financial charges | 65 | €3,553 | €2,814 | -€738 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €8,427 | €7,591 | -€836 | -9.9% |
| Income taxes | 67/77 | €2,420 | €2,455 | +€35 | +1.5% |
| Profit (loss) for the period | 9904 | €6,008 | €5,136 | -€872 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,008 | €5,136 | -€872 | -14.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.