BOUSICO: 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.
What changed
BOUSICO
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€64,017
2024 · €48,603+€15,414
Equity
€1.7m
2024 · €1.6m+€64,017
Cash
€13,809
2024 · €2,601+€11,209
Balance sheet total
€1.9m
2024 · €1.9m+€22,453
Largest movements
Assets
- Financial fixed assets +€25,338
up €25,338 (+1.4%), from €1.8m to €1.8m
Equity and liabilities
- Profit (loss) carried forward +€64,017
up €64,017 (+4.4%), from €1.5m to €1.5m
Income statement
- Gross operating margin +€10,641
up €10,641 (+10.9%), from €97,605 to €108,246
- Other operating charges -€9,454
down €9,454 (-84.3%), from €11,215 to €1,761
- Taxes +€4,420
up €4,420 (+28.1%), from €15,753 to €20,173
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.
Result 2024
€48,603
Gross operating margin
+€10,641
Staff costs
-€338
Depreciation
-€795
Other operating charges
+€9,454
Financial income
+€299
Financial charges
+€574
Taxes
-€4,420
Result 2025
€64,017
raises the resultlowers the result
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.
From operations
+€60,494
Investment
-€26,436
Financing
-€22,850
Cash 2024
€2,601
From operations (derived)
+€60,494
Net result for the year
+€64,017
Depreciation
+€870
Receivables within one year
+€10,572
Deferred charges and accrued income
+€3,749
Trade debts
-€16,431
Tax, wage and social debts
-€1,861
Other debts
-€5,000
Accrued charges and deferred income
+€4,577
Investment (derived)
-€26,436
Investment in fixed assets (net)
-€26,451
Current investments
+€15
Financing
-€22,850
Debts after one year
-€17,823
Current portion of long-term debt
-€5,027
Cash 2025
€13,809
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,856,648 | €1,879,101 | +€22,453 | +1.2% |
| Fixed assets | 21/28 | €1,820,652 | €1,846,233 | +€25,581 | +1.4% |
| Tangible fixed assets | 22/27 | €1,429 | €1,671 | +€243 | +17.0% |
| Furniture and vehicles | 24 | €1,429 | €1,671 | +€243 | +17.0% |
| Financial fixed assets | 28 | €1,819,223 | €1,844,562 | +€25,338 | +1.4% |
| Current assets | 29/58 | €35,996 | €32,868 | -€3,128 | -8.7% |
| Amounts receivable within one year | 40/41 | €13,159 | €2,586 | -€10,572 | -80.3% |
| Trade receivables | 40 | €5,761 | €2,586 | -€3,175 | -55.1% |
| Other amounts receivable | 41 | €7,397 | - | -€7,397 | |
| Current investments | 50/53 | €15 | - | -€15 | |
| Cash at bank and in hand | 54/58 | €2,601 | €13,809 | +€11,209 | +431% |
| Deferred charges and accrued income | 490/1 | €20,221 | €16,472 | -€3,749 | -18.5% |
| Total equity and liabilities | 10/49 | €1,856,648 | €1,879,101 | +€22,453 | +1.2% |
| Equity | 10/15 | €1,640,235 | €1,704,252 | +€64,017 | +3.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €122,584 | €122,584 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,863 | €14,863 | = | 0.0% |
| Distributable reserves | 133 | €107,721 | €107,721 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,467,651 | €1,531,668 | +€64,017 | +4.4% |
| Amounts payable | 17/49 | €216,413 | €174,849 | -€41,564 | -19.2% |
| Amounts payable after more than one year | 17 | €58,995 | €41,172 | -€17,823 | -30.2% |
| Other amounts payable | 178/9 | €58,995 | €41,172 | -€17,823 | -30.2% |
| Amounts payable within one year | 42/48 | €135,988 | €107,670 | -€28,318 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €11,761 | €6,734 | -€5,027 | -42.7% |
| Trade debts | 44 | €20,886 | €4,455 | -€16,431 | -78.7% |
| Suppliers | 440/4 | €20,886 | €4,455 | -€16,431 | -78.7% |
| Taxes, remuneration and social security | 45 | €15,082 | €13,221 | -€1,861 | -12.3% |
| Taxes | 450/3 | €10,138 | €8,688 | -€1,450 | -14.3% |
| Remuneration and social security | 454/9 | €4,944 | €4,533 | -€410 | -8.3% |
| Other amounts payable | 47/48 | €88,260 | €83,260 | -€5,000 | -5.7% |
| Accrued charges and deferred income | 492/3 | €21,430 | €26,007 | +€4,577 | +21.4% |
| Remuneration, social security and pensions | 62 | €40,112 | €40,451 | +€338 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75 | €870 | +€795 | +1,055% |
| Other operating charges | 640/8 | €11,215 | €1,761 | -€9,454 | -84.3% |
| Gross operating margin | 9900 | €97,605 | €108,246 | +€10,641 | +10.9% |
| Operating profit (loss) | 9901 | €46,202 | €65,164 | +€18,962 | +41.0% |
| Financial income | 75/76B | €26,474 | €26,772 | +€299 | +1.1% |
| Recurring financial income | 75 | €26,474 | €26,772 | +€299 | +1.1% |
| Financial charges | 65/66B | €8,320 | €7,746 | -€574 | -6.9% |
| Recurring financial charges | 65 | €8,320 | €7,746 | -€574 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €64,356 | €84,190 | +€19,834 | +30.8% |
| Income taxes | 67/77 | €15,753 | €20,173 | +€4,420 | +28.1% |
| Profit (loss) for the period | 9904 | €48,603 | €64,017 | +€15,414 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,603 | €64,017 | +€15,414 | +31.7% |
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 24 October 2026 via checked.be.