Bouw & Host: 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.
Bouw & Host
Largest movements
- Cash +€15,804
up €15,804 (+31.8%), from €49,715 to €65,518
mainly Net result for the year (+€31,144) and Trade debts (+€2,795)
- Current investments +€6,023
up €6,023 (+240.9%), from €2,500 to €8,523
- Receivables within one year +€3,987
up €3,987 (+35.1%), from €11,344 to €15,331
of which Trade receivables: +€2,190
- Tangible fixed assets +€3,767
up €3,767 (+159.3%), from €2,364 to €6,131
of which Furniture and vehicles: +€4,159
- Deferred charges and accrued income +€1,092
up €1,092 (+638.1%), from €171 to €1,263
- Reserves +€31,144
up €31,144 (+57.3%), from €54,327 to €85,471
- Tax, wage and social debts -€2,981
down €2,981 (-40.2%), from €7,419 to €4,438
- Trade debts +€2,795
up €2,795 (+263.1%), from €1,062 to €3,858
- Taxes +€2,614
up €2,614 (+25.7%), from €10,167 to €12,781
- Gross operating margin -€1,526
down €1,526 (-3.1%), from €49,868 to €48,342
- Depreciation +€1,180
up €1,180 (+479.3%), from €246 to €1,426
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 | €66,094 | €96,767 | +€30,673 | +46.4% |
| Fixed assets | 21/28 | €2,364 | €6,131 | +€3,767 | +159.3% |
| Tangible fixed assets | 22/27 | €2,364 | €6,131 | +€3,767 | +159.3% |
| Plant, machinery and equipment | 23 | €1,727 | €1,335 | -€392 | -22.7% |
| Furniture and vehicles | 24 | €637 | €4,796 | +€4,159 | +652.6% |
| Current assets | 29/58 | €63,730 | €90,636 | +€26,906 | +42.2% |
| Amounts receivable within one year | 40/41 | €11,344 | €15,331 | +€3,987 | +35.1% |
| Trade receivables | 40 | €10,723 | €12,912 | +€2,190 | +20.4% |
| Other amounts receivable | 41 | €621 | €2,419 | +€1,797 | +289.3% |
| Current investments | 50/53 | €2,500 | €8,523 | +€6,023 | +240.9% |
| Cash at bank and in hand | 54/58 | €49,715 | €65,518 | +€15,804 | +31.8% |
| Deferred charges and accrued income | 490/1 | €171 | €1,263 | +€1,092 | +638.1% |
| Total equity and liabilities | 10/49 | €66,094 | €96,767 | +€30,673 | +46.4% |
| Equity | 10/15 | €57,327 | €88,471 | +€31,144 | +54.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,327 | €85,471 | +€31,144 | +57.3% |
| Distributable reserves | 133 | €54,327 | €85,471 | +€31,144 | +57.3% |
| Amounts payable | 17/49 | €8,767 | €8,296 | -€471 | -5.4% |
| Amounts payable within one year | 42/48 | €8,767 | €8,296 | -€471 | -5.4% |
| Trade debts | 44 | €1,062 | €3,858 | +€2,795 | +263.1% |
| Suppliers | 440/4 | €1,062 | €3,858 | +€2,795 | +263.1% |
| Taxes, remuneration and social security | 45 | €7,419 | €4,438 | -€2,981 | -40.2% |
| Taxes | 450/3 | €7,419 | €4,438 | -€2,981 | -40.2% |
| Other amounts payable | 47/48 | €286 | €0 | -€286 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | €1,426 | +€1,180 | +479.3% |
| Other operating charges | 640/8 | €749 | €702 | -€47 | -6.3% |
| Gross operating margin | 9900 | €49,868 | €48,342 | -€1,526 | -3.1% |
| Operating profit (loss) | 9901 | €48,872 | €46,214 | -€2,658 | -5.4% |
| Financial income | 75/76B | €0 | €75 | +€75 | |
| Recurring financial income | 75 | €0 | €75 | +€75 | |
| Financial charges | 65/66B | €1,989 | €2,364 | +€375 | +18.9% |
| Recurring financial charges | 65 | €1,989 | €2,364 | +€375 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €46,884 | €43,925 | -€2,958 | -6.3% |
| Income taxes | 67/77 | €10,167 | €12,781 | +€2,614 | +25.7% |
| Profit (loss) for the period | 9904 | €36,717 | €31,144 | -€5,573 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,717 | €31,144 | -€5,573 | -15.2% |
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 1 October 2026 via checked.be.