Boutersem Blinkt: 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.
Boutersem Blinkt
Largest movements
- Deferred charges and accrued income -€19,065
down €19,065 (-66.1%), from €28,860 to €9,794
- Receivables within one year +€15,854
up €15,854 (+27.8%), from €57,037 to €72,891
of which Trade receivables: +€15,913
- Cash -€10,769
down €10,769 (-3.3%), from €331,054 to €320,285
mainly Net result for the year (-€31,991) and Receivables within one year (-€15,854)
- Profit (loss) carried forward -€31,991
down €31,991 (-11.5%), from €277,134 to €245,144
- Debts within one year +€13,608
up €13,608 (+12.2%), from €111,966 to €125,574
of which Tax, wage and social debts: +€13,382
- Staff costs +€171,970
up €171,970 (+14.5%), from €1.2m to €1.4m
- Gross operating margin +€133,139
up €133,139 (+11.1%), from €1.2m to €1.3m
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 | €496,100 | €478,944 | -€17,157 | -3.5% |
| Fixed assets | 21/28 | €8,172 | €4,995 | -€3,176 | -38.9% |
| Tangible fixed assets | 22/27 | €8,172 | €4,995 | -€3,176 | -38.9% |
| Plant, machinery and equipment | 23 | €5,917 | €3,304 | -€2,613 | -44.2% |
| Furniture and vehicles | 24 | €2,255 | €1,691 | -€564 | -25.0% |
| Current assets | 29/58 | €487,929 | €473,948 | -€13,980 | -2.9% |
| Amounts receivable within one year | 40/41 | €57,037 | €72,891 | +€15,854 | +27.8% |
| Trade receivables | 40 | €56,978 | €72,891 | +€15,913 | +27.9% |
| Other amounts receivable | 41 | €60 | - | -€60 | |
| Current investments | 50/53 | €70,978 | €70,978 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €331,054 | €320,285 | -€10,769 | -3.3% |
| Deferred charges and accrued income | 490/1 | €28,860 | €9,794 | -€19,065 | -66.1% |
| Total equity and liabilities | 10/49 | €496,100 | €478,944 | -€17,157 | -3.5% |
| Equity | 10/15 | €382,134 | €350,144 | -€31,991 | -8.4% |
| Reserves | 13 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €277,134 | €245,144 | -€31,991 | -11.5% |
| Amounts payable | 17/49 | €113,966 | €128,800 | +€14,834 | +13.0% |
| Amounts payable within one year | 42/48 | €111,966 | €125,574 | +€13,608 | +12.2% |
| Trade debts | 44 | €2,289 | €2,515 | +€226 | +9.9% |
| Suppliers | 440/4 | €2,289 | €2,515 | +€226 | +9.9% |
| Taxes, remuneration and social security | 45 | €99,637 | €113,019 | +€13,382 | +13.4% |
| Taxes | 450/3 | €5,564 | €5,968 | +€404 | +7.3% |
| Remuneration and social security | 454/9 | €94,073 | €107,050 | +€12,978 | +13.8% |
| Accrued charges and deferred income | 492/3 | €2,000 | €3,226 | +€1,226 | +61.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €48,609 | €57,703 | +€9,094 | +18.7% |
| Remuneration, social security and pensions | 62 | €1,182,477 | €1,354,447 | +€171,970 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,283 | €3,176 | -€107 | -3.3% |
| Other operating charges | 640/8 | €1,613 | €2,562 | +€949 | +58.8% |
| Gross operating margin | 9900 | €1,194,515 | €1,327,654 | +€133,139 | +11.1% |
| Operating profit (loss) | 9901 | €7,141 | -€32,532 | -€39,673 | |
| Financial income | 75/76B | €901 | €952 | +€51 | +5.6% |
| Recurring financial income | 75 | €901 | €952 | +€51 | +5.6% |
| Financial charges | 65/66B | €56 | €118 | +€61 | +109% |
| Recurring financial charges | 65 | €56 | €118 | +€61 | +109% |
| Profit (loss) for the period before taxes | 9903 | €7,986 | -€31,698 | -€39,684 | |
| Income taxes | 67/77 | €270 | €293 | +€23 | +8.5% |
| Profit (loss) for the period | 9904 | €7,716 | -€31,991 | -€39,707 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,716 | -€31,991 | -€39,707 |
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 16 October 2026 via checked.be.