BOURGEOIS PH: 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.
BOURGEOIS PH
Largest movements
- Tangible fixed assets -€18,077
down €18,077 (-24.4%), from €73,941 to €55,864
of which Furniture and vehicles: -€12,511
- Cash +€11,969
up €11,969 (+205%), from €5,838 to €17,808
mainly Depreciation (+€18,077) and Net result for the year (+€3,263)
- Receivables within one year +€9,696
up €9,696 (+35.5%), from €27,307 to €37,003
- Profit (loss) carried forward +€3,263
up €3,263 (+10.6%), from -€30,817 to -€27,555
- Depreciation +€8,559
up €8,559 (+89.9%), from €9,518 to €18,077
- Financial income +€1,732
new in 2024: €1,732
- Gross operating margin +€1,192
up €1,192 (+5.3%), from €22,678 to €23,870
- Staff costs -€827
down €827 (-21.2%), from €3,902 to €3,074
- Other operating charges -€385
down €385 (-30.5%), from €1,263 to €878
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,590 | €111,178 | +€3,588 | +3.3% |
| Fixed assets | 21/28 | €73,941 | €55,864 | -€18,077 | -24.4% |
| Tangible fixed assets | 22/27 | €73,941 | €55,864 | -€18,077 | -24.4% |
| Land and buildings | 22 | €6,439 | €5,332 | -€1,107 | -17.2% |
| Plant, machinery and equipment | 23 | €8,272 | €3,813 | -€4,459 | -53.9% |
| Furniture and vehicles | 24 | €59,230 | €46,719 | -€12,511 | -21.1% |
| Current assets | 29/58 | €33,649 | €55,314 | +€21,665 | +64.4% |
| Amounts receivable within one year | 40/41 | €27,307 | €37,003 | +€9,696 | +35.5% |
| Other amounts receivable | 41 | €27,307 | €37,003 | +€9,696 | +35.5% |
| Cash at bank and in hand | 54/58 | €5,838 | €17,808 | +€11,969 | +205% |
| Deferred charges and accrued income | 490/1 | €504 | €504 | = | 0.0% |
| Total equity and liabilities | 10/49 | €107,590 | €111,178 | +€3,588 | +3.3% |
| Equity | 10/15 | -€10,405 | -€7,142 | +€3,263 | +31.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,013 | €8,013 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,153 | €6,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,817 | -€27,555 | +€3,263 | +10.6% |
| Provisions and deferred taxes | 16 | €117,387 | €117,387 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €117,387 | €117,387 | = | 0.0% |
| Pensions and similar obligations | 160 | €117,387 | €117,387 | = | 0.0% |
| Amounts payable | 17/49 | €608 | €933 | +€325 | +53.5% |
| Amounts payable within one year | 42/48 | €608 | €933 | +€325 | +53.5% |
| Trade debts | 44 | €262 | €723 | +€461 | +176% |
| Suppliers | 440/4 | €262 | €723 | +€461 | +176% |
| Taxes, remuneration and social security | 45 | €346 | €210 | -€136 | -39.3% |
| Remuneration and social security | 454/9 | €346 | €210 | -€136 | -39.3% |
| Remuneration, social security and pensions | 62 | €3,902 | €3,074 | -€827 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,518 | €18,077 | +€8,559 | +89.9% |
| Other operating charges | 640/8 | €1,263 | €878 | -€385 | -30.5% |
| Gross operating margin | 9900 | €22,678 | €23,870 | +€1,192 | +5.3% |
| Operating profit (loss) | 9901 | €7,995 | €1,841 | -€6,154 | -77.0% |
| Financial income | 75/76B | - | €1,732 | +€1,732 | |
| Recurring financial income | 75 | - | €1,732 | +€1,732 | |
| Financial charges | 65/66B | €309 | €309 | +€1 | +0.2% |
| Recurring financial charges | 65 | €309 | €309 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €7,686 | €3,263 | -€4,423 | -57.6% |
| Profit (loss) for the period | 9904 | €7,686 | €3,263 | -€4,423 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,686 | €3,263 | -€4,423 | -57.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.