BOUTE STEPHAN: what changed
What changed
BOUTE STEPHAN
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€4,235
2024 · €29,040-€24,805
Equity
€254,301
2024 · €250,066+€4,235
Cash
€16,479
2024 · €30,860-€14,381
Balance sheet total
€377,550
2024 · €456,472-€78,922
Largest movements
Assets
- Tangible fixed assets -€62,362
down €62,362 (-49.1%), from €127,015 to €64,653
of which Furniture and vehicles: -€49,335
- Cash -€14,381
down €14,381 (-46.6%), from €30,860 to €16,479
mainly Debts after one year (-€37,559) and Other debts (-€25,622)
Equity and liabilities
- Debts after one year -€37,559
down €37,559 (-79.9%), from €47,028 to €9,469
- Other debts -€25,622
down €25,622 (-100%), from €25,622 to €0
- Trade debts +€21,119
up €21,119 (+89.7%), from €23,545 to €44,664
- Current portion of long-term debt -€19,315
down €19,315 (-34.0%), from €56,874 to €37,559
- Tax, wage and social debts -€12,121
down €12,121 (-32.2%), from €37,587 to €25,467
of which Taxes: -€13,840
Income statement
- Gross operating margin -€44,356
down €44,356 (-10.5%), from €422,775 to €378,419
- Taxes -€14,764
down €14,764 (-89.2%), from €16,545 to €1,781
- Staff costs +€6,352
up €6,352 (+2.2%), from €288,781 to €295,132
- Other operating charges -€4,687
down €4,687 (-58.2%), from €8,058 to €3,371
- Depreciation -€4,474
down €4,474 (-6.0%), from €74,902 to €70,428
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,040
Gross operating margin
-€44,356
Staff costs
-€6,352
Depreciation
+€4,474
Other operating charges
+€4,687
Financial income
-€481
Financial charges
+€2,459
Taxes
+€14,764
Result 2025
€4,235
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€50,568
Investment
-€8,066
Financing
-€56,883
Cash 2024
€30,860
From operations (derived)
+€50,568
Net result for the year
+€4,235
Depreciation
+€70,428
Stocks and contracts
+€4,089
Receivables within one year
+€500
Deferred charges and accrued income
-€2,410
Trade debts
+€21,119
Tax, wage and social debts
-€12,121
Other debts
-€25,622
Accrued charges and deferred income
-€9,650
Investment (derived)
-€8,066
Investment in fixed assets (net)
-€8,066
Financing
-€56,883
Debts after one year
-€37,559
Current portion of long-term debt
-€19,315
Short-term financial debts
-€9
Cash 2025
€16,479
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €456,472 | €377,550 | -€78,922 | -17.3% |
| Fixed assets | 21/28 | €127,165 | €64,803 | -€62,362 | -49.0% |
| Tangible fixed assets | 22/27 | €127,015 | €64,653 | -€62,362 | -49.1% |
| Land and buildings | 22 | €5,301 | €4,297 | -€1,004 | -18.9% |
| Plant, machinery and equipment | 23 | €26,850 | €13,351 | -€13,499 | -50.3% |
| Furniture and vehicles | 24 | €94,864 | €45,529 | -€49,335 | -52.0% |
| Other tangible fixed assets | 26 | - | €1,476 | +€1,476 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €329,307 | €312,747 | -€16,560 | -5.0% |
| Stocks and contracts in progress | 3 | €180,888 | €176,799 | -€4,089 | -2.3% |
| Stocks | 30/36 | €149,388 | €117,799 | -€31,589 | -21.1% |
| Contracts in progress | 37 | €31,500 | €59,000 | +€27,500 | +87.3% |
| Amounts receivable within one year | 40/41 | €117,093 | €116,593 | -€500 | -0.4% |
| Trade receivables | 40 | €105,450 | €107,204 | +€1,753 | +1.7% |
| Other amounts receivable | 41 | €11,642 | €9,389 | -€2,253 | -19.4% |
| Cash at bank and in hand | 54/58 | €30,860 | €16,479 | -€14,381 | -46.6% |
| Deferred charges and accrued income | 490/1 | €467 | €2,877 | +€2,410 | +516% |
| Total equity and liabilities | 10/49 | €456,472 | €377,550 | -€78,922 | -17.3% |
| Equity | 10/15 | €250,066 | €254,301 | +€4,235 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €231,414 | €231,414 | = | 0.0% |
| Distributable reserves | 133 | €231,414 | €231,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53 | €4,288 | +€4,235 | +8,009% |
| Amounts payable | 17/49 | €206,405 | €123,248 | -€83,157 | -40.3% |
| Amounts payable after more than one year | 17 | €47,028 | €9,469 | -€37,559 | -79.9% |
| Financial debts | 170/4 | €47,028 | €9,469 | -€37,559 | -79.9% |
| Amounts payable within one year | 42/48 | €149,727 | €113,779 | -€35,948 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €56,874 | €37,559 | -€19,315 | -34.0% |
| Financial debts | 43 | €6,098 | €6,090 | -€9 | -0.1% |
| Credit institutions | 430/8 | €6,098 | €6,090 | -€9 | -0.1% |
| Trade debts | 44 | €23,545 | €44,664 | +€21,119 | +89.7% |
| Suppliers | 440/4 | €23,545 | €44,664 | +€21,119 | +89.7% |
| Taxes, remuneration and social security | 45 | €37,587 | €25,467 | -€12,121 | -32.2% |
| Taxes | 450/3 | €19,148 | €5,308 | -€13,840 | -72.3% |
| Remuneration and social security | 454/9 | €18,439 | €20,159 | +€1,719 | +9.3% |
| Other amounts payable | 47/48 | €25,622 | €0 | -€25,622 | -100% |
| Accrued charges and deferred income | 492/3 | €9,650 | €0 | -€9,650 | -100% |
| Remuneration, social security and pensions | 62 | €288,781 | €295,132 | +€6,352 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,902 | €70,428 | -€4,474 | -6.0% |
| Other operating charges | 640/8 | €8,058 | €3,371 | -€4,687 | -58.2% |
| Gross operating margin | 9900 | €422,775 | €378,419 | -€44,356 | -10.5% |
| Operating profit (loss) | 9901 | €51,034 | €9,487 | -€41,547 | -81.4% |
| Financial income | 75/76B | €774 | €293 | -€481 | -62.1% |
| Recurring financial income | 75 | €774 | €293 | -€481 | -62.1% |
| Financial charges | 65/66B | €6,223 | €3,764 | -€2,459 | -39.5% |
| Recurring financial charges | 65 | €6,223 | €3,764 | -€2,459 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €45,585 | €6,016 | -€39,569 | -86.8% |
| Income taxes | 67/77 | €16,545 | €1,781 | -€14,764 | -89.2% |
| Profit (loss) for the period | 9904 | €29,040 | €4,235 | -€24,805 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,040 | €4,235 | -€24,805 | -85.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.