BOUWCENTRUM: 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.
What changed
BOUWCENTRUM
NACE 47.690, Retail sale of other cultural and recreation goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,270
2024 · €682,544-€661,275
Equity
€896,643
2024 · €875,373+€21,270
Cash
€28,777
2024 · €52,103-€23,326
Balance sheet total
€10.7m
2024 · €11.0m-€279,142
Largest movements
Assets
- Stocks and contracts -€516,053
down €516,053 (-100.0%), from €516,053 to €0
- Tangible fixed assets +€252,133
up €252,133 (+4.4%), from €5.7m to €6.0m
of which Land and buildings: +€5.1m
Equity and liabilities
- Debts after one year -€206,061
down €206,061 (-4.2%), from €4.9m to €4.7m
- Trade debts -€168,217
down €168,217 (-97.0%), from €173,466 to €5,248
Income statement
- Financial charges +€353,508
up €353,508 (+235.9%), from €149,832 to €503,340
of which Non-recurring financial charges: +€294,035
- Other operating charges +€137,448
up €137,448 (+433.4%), from €31,715 to €169,162
- Taxes +€106,637
up €106,637 (+5294.4%), from €2,014 to €108,651
- Gross operating margin -€50,261
down €50,261 (-5.9%), from €858,669 to €808,407
- Financial income -€22,258
down €22,258 (-7.8%), from €286,734 to €264,476
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.
Result 2024
€682,544
Gross operating margin
-€50,261
Depreciation
+€8,837
Other operating charges
-€137,448
Financial income
-€22,258
Financial charges
-€353,508
Taxes
-€106,637
Result 2025
€21,270
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.
From operations
+€818,621
Investment
-€625,793
Financing
-€216,153
Cash 2024
€52,103
From operations (derived)
+€818,621
Net result for the year
+€21,270
Depreciation
+€270,460
Stocks and contracts
+€516,053
Receivables within one year
+€102,957
Deferred charges and accrued income
-€7,860
Trade debts
-€168,217
Tax, wage and social debts
+€75,770
Other debts
-€28,671
Accrued charges and deferred income
+€36,860
Investment (derived)
-€625,793
Investment in fixed assets (net)
-€601,658
Current investments
-€24,135
Financing
-€216,153
Debts after one year
-€206,061
Current portion of long-term debt
-€10,092
Cash 2025
€28,777
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,971,975 | €10,692,833 | -€279,142 | -2.5% |
| Fixed assets | 21/28 | €7,587,007 | €7,918,205 | +€331,198 | +4.4% |
| Tangible fixed assets | 22/27 | €5,710,483 | €5,962,616 | +€252,133 | +4.4% |
| Land and buildings | 22 | €390,817 | €5,446,563 | +€5.1m | +1293.6% |
| Other tangible fixed assets | 26 | €5,319,666 | €516,053 | -€4.8m | -90.3% |
| Financial fixed assets | 28 | €1,876,524 | €1,955,589 | +€79,065 | +4.2% |
| Current assets | 29/58 | €3,384,969 | €2,774,628 | -€610,341 | -18.0% |
| Stocks and contracts in progress | 3 | €516,053 | €0 | -€516,053 | -100.0% |
| Stocks | 30/36 | €516,053 | €0 | -€516,053 | -100.0% |
| Amounts receivable within one year | 40/41 | €2,168,079 | €2,065,121 | -€102,957 | -4.7% |
| Trade receivables | 40 | €1,452 | €0 | -€1,452 | -100.0% |
| Other amounts receivable | 41 | €2,166,627 | €2,065,121 | -€101,505 | -4.7% |
| Current investments | 50/53 | €648,734 | €672,869 | +€24,135 | +3.7% |
| Cash at bank and in hand | 54/58 | €52,103 | €28,777 | -€23,326 | -44.8% |
| Deferred charges and accrued income | 490/1 | - | €7,860 | +€7,860 | |
| Total equity and liabilities | 10/49 | €10,971,975 | €10,692,833 | -€279,142 | -2.5% |
| Equity | 10/15 | €875,373 | €896,643 | +€21,270 | +2.4% |
| Contributions | 10/11 | €285,078 | €285,078 | = | 0.0% |
| Capital | 10 | €285,078 | €285,078 | = | 0.0% |
| Issued capital | 100 | €285,078 | €285,078 | = | 0.0% |
| Reserves | 13 | €590,296 | €611,566 | +€21,270 | +3.6% |
| Non-distributable reserves | 130/1 | €28,508 | €28,508 | = | 0.0% |
| Legal reserve | 130 | €28,508 | €28,508 | = | 0.0% |
| Distributable reserves | 133 | €561,788 | €583,058 | +€21,270 | +3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,096,602 | €9,796,190 | -€300,412 | -3.0% |
| Amounts payable after more than one year | 17 | €4,928,304 | €4,722,243 | -€206,061 | -4.2% |
| Financial debts | 170/4 | €4,928,304 | €4,722,243 | -€206,061 | -4.2% |
| Amounts payable within one year | 42/48 | €5,168,298 | €5,037,087 | -€131,211 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €216,153 | €206,061 | -€10,092 | -4.7% |
| Financial debts | 43 | €2,500,000 | €2,500,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,500,000 | €2,500,000 | = | 0.0% |
| Trade debts | 44 | €173,466 | €5,248 | -€168,217 | -97.0% |
| Suppliers | 440/4 | €173,466 | €5,248 | -€168,217 | -97.0% |
| Taxes, remuneration and social security | 45 | €34,049 | €109,819 | +€75,770 | +222.5% |
| Taxes | 450/3 | €34,049 | €109,819 | +€75,770 | +222.5% |
| Other amounts payable | 47/48 | €2,244,630 | €2,215,959 | -€28,671 | -1.3% |
| Accrued charges and deferred income | 492/3 | - | €36,860 | +€36,860 | |
| Non-recurring operating income | 76A | - | €12,297 | +€12,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279,297 | €270,460 | -€8,837 | -3.2% |
| Other operating charges | 640/8 | €31,715 | €169,162 | +€137,448 | +433.4% |
| Gross operating margin | 9900 | €858,669 | €808,407 | -€50,261 | -5.9% |
| Operating profit (loss) | 9901 | €547,657 | €368,785 | -€178,872 | -32.7% |
| Financial income | 75/76B | €286,734 | €264,476 | -€22,258 | -7.8% |
| Recurring financial income | 75 | €286,734 | €264,476 | -€22,258 | -7.8% |
| Financial charges | 65/66B | €149,832 | €503,340 | +€353,508 | +235.9% |
| Recurring financial charges | 65 | €149,832 | €209,305 | +€59,473 | +39.7% |
| Non-recurring financial charges | 66B | - | €294,035 | +€294,035 | |
| Profit (loss) for the period before taxes | 9903 | €684,559 | €129,921 | -€554,637 | -81.0% |
| Income taxes | 67/77 | €2,014 | €108,651 | +€106,637 | +5294.4% |
| Profit (loss) for the period | 9904 | €682,544 | €21,270 | -€661,275 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €682,544 | €21,270 | -€661,275 | -96.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.