BOUVY SELECT: 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.
BOUVY SELECT
Largest movements
- Stocks and contracts +€429,632
up €429,632 (+24.9%), from €1.7m to €2.2m
- Receivables within one year -€178,560
down €178,560 (-50.5%), from €353,319 to €174,758
of which Trade receivables: -€178,102
- Cash -€49,796
down €49,796 (-27.7%), from €179,541 to €129,745
mainly Stocks and contracts (-€429,632) and Short-term financial debts (-€346,598)
- Tangible fixed assets -€26,827
down €26,827 (-17.9%), from €149,624 to €122,797
of which Other tangible fixed assets: -€31,236
- Other debts +€642,855
up €642,855 (+30.2%), from €2.1m to €2.8m
- Short-term financial debts -€346,598
down €346,598 (-96.1%), from €360,602 to €14,003
- Profit (loss) carried forward -€79,110
down €79,110 (-37.9%), from -€208,531 to -€287,641
- Trade debts -€59,282
down €59,282 (-78.1%), from €75,937 to €16,655
- Gross operating margin +€130,182
up €130,182 (+80.0%), from €162,699 to €292,881
- Staff costs +€25,665
up €25,665 (+9.4%), from €273,852 to €299,517
- Other operating charges +€14,835
up €14,835 (+259.7%), from €5,713 to €20,548
- Financial charges -€8,763
down €8,763 (-36.5%), from €24,004 to €15,242
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 | €2,418,375 | €2,588,340 | +€169,965 | +7.0% |
| Fixed assets | 21/28 | €158,707 | €129,381 | -€29,327 | -18.5% |
| Intangible fixed assets | 21 | €8,706 | €6,206 | -€2,500 | -28.7% |
| Tangible fixed assets | 22/27 | €149,624 | €122,797 | -€26,827 | -17.9% |
| Plant, machinery and equipment | 23 | €5,180 | €2,445 | -€2,735 | -52.8% |
| Furniture and vehicles | 24 | €1,007 | €8,150 | +€7,143 | +709.7% |
| Other tangible fixed assets | 26 | €143,438 | €112,202 | -€31,236 | -21.8% |
| Financial fixed assets | 28 | €378 | €378 | = | 0.0% |
| Current assets | 29/58 | €2,259,668 | €2,458,959 | +€199,292 | +8.8% |
| Stocks and contracts in progress | 3 | €1,722,030 | €2,151,663 | +€429,632 | +24.9% |
| Stocks | 30/36 | €1,722,030 | €2,151,663 | +€429,632 | +24.9% |
| Amounts receivable within one year | 40/41 | €353,319 | €174,758 | -€178,560 | -50.5% |
| Trade receivables | 40 | €347,123 | €169,021 | -€178,102 | -51.3% |
| Other amounts receivable | 41 | €6,196 | €5,737 | -€458 | -7.4% |
| Cash at bank and in hand | 54/58 | €179,541 | €129,745 | -€49,796 | -27.7% |
| Deferred charges and accrued income | 490/1 | €4,778 | €2,794 | -€1,984 | -41.5% |
| Total equity and liabilities | 10/49 | €2,418,375 | €2,588,340 | +€169,965 | +7.0% |
| Equity | 10/15 | -€188,531 | -€267,641 | -€79,110 | -42.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€208,531 | -€287,641 | -€79,110 | -37.9% |
| Amounts payable | 17/49 | €2,606,906 | €2,855,981 | +€249,074 | +9.6% |
| Amounts payable within one year | 42/48 | €2,603,374 | €2,845,538 | +€242,164 | +9.3% |
| Financial debts | 43 | €360,602 | €14,003 | -€346,598 | -96.1% |
| Credit institutions | 430/8 | €360,602 | €14,003 | -€346,598 | -96.1% |
| Trade debts | 44 | €75,937 | €16,655 | -€59,282 | -78.1% |
| Suppliers | 440/4 | €75,937 | €16,655 | -€59,282 | -78.1% |
| Taxes, remuneration and social security | 45 | €36,381 | €41,570 | +€5,189 | +14.3% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €36,381 | €41,570 | +€5,189 | +14.3% |
| Other amounts payable | 47/48 | €2,130,455 | €2,773,310 | +€642,855 | +30.2% |
| Accrued charges and deferred income | 492/3 | €3,532 | €10,443 | +€6,911 | +195.6% |
| Remuneration, social security and pensions | 62 | €273,852 | €299,517 | +€25,665 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,711 | €37,093 | +€2,381 | +6.9% |
| Other operating charges | 640/8 | €5,713 | €20,548 | +€14,835 | +259.7% |
| Non-recurring operating charges | 66A | €326 | €0 | -€326 | -100.0% |
| Gross operating margin | 9900 | €162,699 | €292,881 | +€130,182 | +80.0% |
| Operating profit (loss) | 9901 | -€151,904 | -€64,277 | +€87,628 | +57.7% |
| Financial income | 75/76B | €3,085 | €1,029 | -€2,056 | -66.6% |
| Recurring financial income | 75 | €3,085 | €1,029 | -€2,056 | -66.6% |
| Financial charges | 65/66B | €24,004 | €15,242 | -€8,763 | -36.5% |
| Recurring financial charges | 65 | €24,004 | €15,242 | -€8,763 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | -€172,824 | -€78,490 | +€94,334 | +54.6% |
| Income taxes | 67/77 | -€38 | €620 | +€658 | |
| Profit (loss) for the period | 9904 | -€172,786 | -€79,110 | +€93,676 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€172,786 | -€79,110 | +€93,676 | +54.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.