BOUTEILLE PIERRE: 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.
BOUTEILLE PIERRE
Largest movements
- Current investments +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Cash +€49,660
up €49,660 (+24.2%), from €205,620 to €255,280
mainly Net result for the year (+€90,930) and Depreciation (+€61,239)
- Tangible fixed assets -€37,549
down €37,549 (-22.4%), from €167,728 to €130,178
of which Furniture and vehicles: -€33,252
- Intangible fixed assets -€21,912
down €21,912 (-33.3%), from €65,736 to €43,824
- Reserves +€90,930
up €90,930 (+25.8%), from €352,799 to €443,729
- Other debts +€23,789
up €23,789 (+10.7%), from €223,366 to €247,155
- Debts after one year -€16,491
down €16,491 (-60.0%), from €27,486 to €10,994
- Gross operating margin +€40,867
up €40,867 (+24.4%), from €167,376 to €208,243
- Taxes +€15,828
up €15,828 (+65.8%), from €24,072 to €39,901
- Other operating charges -€7,285
down €7,285 (-75.8%), from €9,605 to €2,320
- Financial income +€5,018
up €5,018 (+188%), from €2,674 to €7,691
- Staff costs +€2,767
up €2,767 (+345%), from €802 to €3,569
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 | €774,047 | €868,611 | +€94,564 | +12.2% |
| Fixed assets | 21/28 | €233,464 | €174,003 | -€59,461 | -25.5% |
| Intangible fixed assets | 21 | €65,736 | €43,824 | -€21,912 | -33.3% |
| Tangible fixed assets | 22/27 | €167,728 | €130,178 | -€37,549 | -22.4% |
| Land and buildings | 22 | €62,785 | €58,870 | -€3,915 | -6.2% |
| Plant, machinery and equipment | 23 | €891 | €509 | -€382 | -42.9% |
| Furniture and vehicles | 24 | €104,052 | €70,800 | -€33,252 | -32.0% |
| Current assets | 29/58 | €540,583 | €694,608 | +€154,025 | +28.5% |
| Amounts receivable within one year | 40/41 | €29,526 | €35,510 | +€5,984 | +20.3% |
| Trade receivables | 40 | €6,517 | €9,760 | +€3,243 | +49.8% |
| Other amounts receivable | 41 | €23,008 | €25,750 | +€2,741 | +11.9% |
| Current investments | 50/53 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €205,620 | €255,280 | +€49,660 | +24.2% |
| Deferred charges and accrued income | 490/1 | €5,437 | €3,818 | -€1,620 | -29.8% |
| Total equity and liabilities | 10/49 | €774,047 | €868,611 | +€94,564 | +12.2% |
| Equity | 10/15 | €471,807 | €562,737 | +€90,930 | +19.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €352,799 | €443,729 | +€90,930 | +25.8% |
| Distributable reserves | 133 | €352,799 | €443,729 | +€90,930 | +25.8% |
| Profit (loss) carried forward | 14 | €100,416 | €100,416 | = | 0.0% |
| Amounts payable | 17/49 | €302,240 | €305,874 | +€3,634 | +1.2% |
| Amounts payable after more than one year | 17 | €27,486 | €10,994 | -€16,491 | -60.0% |
| Financial debts | 170/4 | €27,486 | €10,994 | -€16,491 | -60.0% |
| Amounts payable within one year | 42/48 | €269,764 | €287,264 | +€17,500 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €24,138 | €16,491 | -€7,647 | -31.7% |
| Trade debts | 44 | €1,581 | €689 | -€892 | -56.4% |
| Suppliers | 440/4 | €1,581 | €689 | -€892 | -56.4% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €12,010 | €17,582 | +€5,572 | +46.4% |
| Taxes, remuneration and social security | 45 | €8,668 | €5,346 | -€3,322 | -38.3% |
| Taxes | 450/3 | €8,668 | €4,876 | -€3,792 | -43.7% |
| Remuneration and social security | 454/9 | - | €470 | +€470 | |
| Other amounts payable | 47/48 | €223,366 | €247,155 | +€23,789 | +10.7% |
| Accrued charges and deferred income | 492/3 | €4,990 | €7,615 | +€2,625 | +52.6% |
| Non-recurring operating income | 76A | €173 | €0 | -€173 | -100% |
| Remuneration, social security and pensions | 62 | €802 | €3,569 | +€2,767 | +345% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,849 | €61,239 | +€389 | +0.6% |
| Other operating charges | 640/8 | €9,605 | €2,320 | -€7,285 | -75.8% |
| Non-recurring operating charges | 66A | €476 | €0 | -€476 | -100% |
| Gross operating margin | 9900 | €167,376 | €208,243 | +€40,867 | +24.4% |
| Operating profit (loss) | 9901 | €95,643 | €141,115 | +€45,471 | +47.5% |
| Financial income | 75/76B | €2,674 | €7,691 | +€5,018 | +188% |
| Recurring financial income | 75 | €2,674 | €7,691 | +€5,018 | +188% |
| Financial charges | 65/66B | €19,016 | €17,976 | -€1,041 | -5.5% |
| Recurring financial charges | 65 | €19,016 | €17,976 | -€1,041 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €79,301 | €130,831 | +€51,530 | +65.0% |
| Income taxes | 67/77 | €24,072 | €39,901 | +€15,828 | +65.8% |
| Profit (loss) for the period | 9904 | €55,229 | €90,930 | +€35,701 | +64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,229 | €90,930 | +€35,701 | +64.6% |
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 25 October 2026 via checked.be.