BouReno: 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.
BouReno
Largest movements
- Receivables within one year +€54,667
up €54,667 (+12.1%), from €451,523 to €506,189
of which Trade receivables: +€115,313
- Stocks and contracts +€52,436
up €52,436 (+15.4%), from €340,000 to €392,436
- Tax, wage and social debts +€41,401
up €41,401 (+823%), from €5,031 to €46,432
of which Remuneration and social security: +€30,689
- Reserves +€37,553
up €37,553 (+7.1%), from €527,524 to €565,077
of which Distributable reserves: +€37,553
- Other debts +€20,782
up €20,782 (+24.8%), from €83,865 to €104,647
- Trade debts +€14,389
up €14,389 (+34.3%), from €41,908 to €56,297
- Gross operating margin +€73,523
up €73,523 (+58.6%), from €125,446 to €198,969
- Financial income -€9,369
down €9,369 (-55.2%), from €16,970 to €7,601
of which Non-recurring financial income: -€15,132
- Taxes +€8,646
up €8,646 (+151%), from €5,711 to €14,357
- Depreciation +€7,244
up €7,244 (+239%), from €3,025 to €10,270
- Financial charges +€3,495
up €3,495 (+234%), from €1,492 to €4,986
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 | €840,864 | €943,922 | +€103,058 | +12.3% |
| Fixed assets | 21/28 | €42,037 | €38,767 | -€3,270 | -7.8% |
| Tangible fixed assets | 22/27 | €42,037 | €38,767 | -€3,270 | -7.8% |
| Furniture and vehicles | 24 | €13,311 | €15,898 | +€2,587 | +19.4% |
| Leasing and similar rights | 25 | €28,726 | €22,869 | -€5,857 | -20.4% |
| Current assets | 29/58 | €798,827 | €905,155 | +€106,328 | +13.3% |
| Stocks and contracts in progress | 3 | €340,000 | €392,436 | +€52,436 | +15.4% |
| Contracts in progress | 37 | €340,000 | €392,436 | +€52,436 | +15.4% |
| Amounts receivable within one year | 40/41 | €451,523 | €506,189 | +€54,667 | +12.1% |
| Trade receivables | 40 | €347,338 | €462,651 | +€115,313 | +33.2% |
| Other amounts receivable | 41 | €104,184 | €43,538 | -€60,646 | -58.2% |
| Cash at bank and in hand | 54/58 | €6,550 | €3,916 | -€2,634 | -40.2% |
| Deferred charges and accrued income | 490/1 | €755 | €2,614 | +€1,859 | +246% |
| Total equity and liabilities | 10/49 | €840,864 | €943,922 | +€103,058 | +12.3% |
| Equity | 10/15 | €673,363 | €710,916 | +€37,553 | +5.6% |
| Contributions | 10/11 | €143,200 | €143,200 | = | 0.0% |
| Reserves | 13 | €527,524 | €565,077 | +€37,553 | +7.1% |
| Non-distributable reserves | 130/1 | €15,320 | €15,320 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,320 | €15,320 | = | 0.0% |
| Distributable reserves | 133 | €512,204 | €549,757 | +€37,553 | +7.3% |
| Profit (loss) carried forward | 14 | €2,639 | €2,639 | = | 0.0% |
| Amounts payable | 17/49 | €167,501 | €233,005 | +€65,505 | +39.1% |
| Amounts payable after more than one year | 17 | €24,089 | €19,393 | -€4,696 | -19.5% |
| Financial debts | 170/4 | €24,089 | €19,393 | -€4,696 | -19.5% |
| Amounts payable within one year | 42/48 | €143,411 | €212,105 | +€68,694 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €4,471 | €4,730 | +€259 | +5.8% |
| Financial debts | 43 | €8,137 | €0 | -€8,137 | -100% |
| Credit institutions | 430/8 | €8,137 | €0 | -€8,137 | -100% |
| Trade debts | 44 | €41,908 | €56,297 | +€14,389 | +34.3% |
| Suppliers | 440/4 | €41,908 | €56,297 | +€14,389 | +34.3% |
| Taxes, remuneration and social security | 45 | €5,031 | €46,432 | +€41,401 | +823% |
| Taxes | 450/3 | €5,031 | €15,743 | +€10,712 | +213% |
| Remuneration and social security | 454/9 | - | €30,689 | +€30,689 | |
| Other amounts payable | 47/48 | €83,865 | €104,647 | +€20,782 | +24.8% |
| Accrued charges and deferred income | 492/3 | - | €1,507 | +€1,507 | |
| Remuneration, social security and pensions | 62 | €117,353 | €118,224 | +€871 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,025 | €10,270 | +€7,244 | +239% |
| Other operating charges | 640/8 | €3,588 | €2,980 | -€608 | -16.9% |
| Non-recurring operating charges | 66A | - | €18,200 | +€18,200 | |
| Gross operating margin | 9900 | €125,446 | €198,969 | +€73,523 | +58.6% |
| Operating profit (loss) | 9901 | €1,479 | €49,295 | +€47,816 | +3,232% |
| Financial income | 75/76B | €16,970 | €7,601 | -€9,369 | -55.2% |
| Recurring financial income | 75 | €1,838 | €7,601 | +€5,763 | +314% |
| Non-recurring financial income | 76B | €15,132 | €0 | -€15,132 | -100% |
| Financial charges | 65/66B | €1,492 | €4,986 | +€3,495 | +234% |
| Recurring financial charges | 65 | €1,492 | €4,986 | +€3,495 | +234% |
| Profit (loss) for the period before taxes | 9903 | €16,958 | €51,910 | +€34,952 | +206% |
| Income taxes | 67/77 | €5,711 | €14,357 | +€8,646 | +151% |
| Profit (loss) for the period | 9904 | €11,247 | €37,553 | +€26,306 | +234% |
| Profit (loss) for the period to be appropriated | 9905 | €11,247 | €37,553 | +€26,306 | +234% |
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 16 October 2026 via checked.be.