BOUSTEA: 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.
BOUSTEA
Largest movements
- Financial fixed assets -€281,500
down €281,500 (-99.1%), from €283,923 to €2,423
- Receivables within one year +€281,186
up €281,186 (+2093.1%), from €13,434 to €294,620
of which Trade receivables: +€281,249
- Tangible fixed assets -€3,484
down €3,484 (-37.9%), from €9,203 to €5,719
of which Plant, machinery and equipment: -€4,640
- Other debts -€21,884
down €21,884 (-9.3%), from €234,466 to €212,582
- Tax, wage and social debts +€17,807
up €17,807 (+319.6%), from €5,572 to €23,379
of which Remuneration and social security: +€12,866
- Profit (loss) carried forward +€6,235
up €6,235 (+4.3%), from -€144,497 to -€138,262
- Trade debts -€3,689
down €3,689 (-17.3%), from €21,286 to €17,597
- Staff costs +€13,365
up €13,365 (+37.1%), from €35,990 to €49,355
- Gross operating margin +€10,858
up €10,858 (+17.6%), from €61,759 to €72,617
- Depreciation -€2,019
down €2,019 (-29.7%), from €6,800 to €4,781
- Financial charges -€1,426
down €1,426 (-12.4%), from €11,546 to €10,120
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 | €307,440 | €304,644 | -€2,796 | -0.9% |
| Fixed assets | 21/28 | €293,126 | €8,142 | -€284,984 | -97.2% |
| Tangible fixed assets | 22/27 | €9,203 | €5,719 | -€3,484 | -37.9% |
| Plant, machinery and equipment | 23 | €9,203 | €4,563 | -€4,640 | -50.4% |
| Furniture and vehicles | 24 | - | €1,156 | +€1,156 | |
| Financial fixed assets | 28 | €283,923 | €2,423 | -€281,500 | -99.1% |
| Current assets | 29/58 | €14,314 | €296,502 | +€282,188 | +1971.4% |
| Amounts receivable within one year | 40/41 | €13,434 | €294,620 | +€281,186 | +2093.1% |
| Trade receivables | 40 | €576 | €281,825 | +€281,249 | +48828.0% |
| Other amounts receivable | 41 | €12,858 | €12,795 | -€63 | -0.5% |
| Cash at bank and in hand | 54/58 | €526 | €501 | -€25 | -4.8% |
| Deferred charges and accrued income | 490/1 | €354 | €1,381 | +€1,027 | +290.1% |
| Total equity and liabilities | 10/49 | €307,440 | €304,644 | -€2,796 | -0.9% |
| Equity | 10/15 | €18,930 | €25,165 | +€6,235 | +32.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,827 | €144,827 | = | 0.0% |
| Tax-exempt reserves | 132 | €142,967 | €142,967 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,497 | -€138,262 | +€6,235 | +4.3% |
| Amounts payable | 17/49 | €288,510 | €279,479 | -€9,031 | -3.1% |
| Amounts payable within one year | 42/48 | €285,123 | €276,092 | -€9,031 | -3.2% |
| Financial debts | 43 | €23,799 | €22,534 | -€1,265 | -5.3% |
| Credit institutions | 430/8 | €23,799 | €22,534 | -€1,265 | -5.3% |
| Trade debts | 44 | €21,286 | €17,597 | -€3,689 | -17.3% |
| Suppliers | 440/4 | €21,286 | €17,597 | -€3,689 | -17.3% |
| Taxes, remuneration and social security | 45 | €5,572 | €23,379 | +€17,807 | +319.6% |
| Taxes | 450/3 | €3,700 | €8,641 | +€4,941 | +133.5% |
| Remuneration and social security | 454/9 | €1,872 | €14,738 | +€12,866 | +687.3% |
| Other amounts payable | 47/48 | €234,466 | €212,582 | -€21,884 | -9.3% |
| Accrued charges and deferred income | 492/3 | €3,387 | €3,387 | = | 0.0% |
| Non-recurring operating income | 76A | - | €14,339 | +€14,339 | |
| Remuneration, social security and pensions | 62 | €35,990 | €49,355 | +€13,365 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,800 | €4,781 | -€2,019 | -29.7% |
| Other operating charges | 640/8 | €1,303 | €1,926 | +€623 | +47.8% |
| Gross operating margin | 9900 | €61,759 | €72,617 | +€10,858 | +17.6% |
| Operating profit (loss) | 9901 | €17,666 | €16,555 | -€1,111 | -6.3% |
| Financial charges | 65/66B | €11,546 | €10,120 | -€1,426 | -12.4% |
| Recurring financial charges | 65 | €11,546 | €10,120 | -€1,426 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €6,120 | €6,435 | +€315 | +5.1% |
| Income taxes | 67/77 | €191 | €200 | +€9 | +4.7% |
| Profit (loss) for the period | 9904 | €5,929 | €6,235 | +€306 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,929 | €6,235 | +€306 | +5.2% |
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 29 September 2026 via checked.be.