BOUWCO: 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.
BOUWCO
Largest movements
- Cash -€21,277
down €21,277 (-22.5%), from €94,572 to €73,295
mainly Contributions, distributions and other (-€71,629) and Receivables within one year (-€15,962)
- Receivables within one year +€15,962
up €15,962, from €0 to €15,962
of which Trade receivables: +€14,974
- Tangible fixed assets +€6,837
up €6,837, from €0 to €6,837
of which Other tangible fixed assets: +€6,837
- Other debts +€5,208
up €5,208 (+86.3%), from €6,034 to €11,242
- Reserves -€4,770
down €4,770 (-6.7%), from €71,629 to €66,859
- Trade debts +€2,369
up €2,369 (+345.3%), from €686 to €3,055
- Gross operating margin -€5,578
down €5,578 (-6.0%), from €92,314 to €86,736
- Depreciation -€3,594
down €3,594 (-78.3%), from €4,592 to €998
- Taxes -€1,026
down €1,026 (-5.5%), from €18,733 to €17,707
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 | €94,572 | €96,681 | +€2,109 | +2.2% |
| Fixed assets | 21/28 | €0 | €6,837 | +€6,837 | |
| Tangible fixed assets | 22/27 | €0 | €6,837 | +€6,837 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €6,837 | +€6,837 | |
| Current assets | 29/58 | €94,572 | €89,844 | -€4,728 | -5.0% |
| Amounts receivable within one year | 40/41 | €0 | €15,962 | +€15,962 | |
| Trade receivables | 40 | - | €14,974 | +€14,974 | |
| Other amounts receivable | 41 | €0 | €988 | +€988 | |
| Cash at bank and in hand | 54/58 | €94,572 | €73,295 | -€21,277 | -22.5% |
| Deferred charges and accrued income | 490/1 | €0 | €587 | +€587 | |
| Total equity and liabilities | 10/49 | €94,572 | €96,681 | +€2,109 | +2.2% |
| Equity | 10/15 | €73,129 | €68,359 | -€4,770 | -6.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €71,629 | €66,859 | -€4,770 | -6.7% |
| Distributable reserves | 133 | €71,629 | €66,859 | -€4,770 | -6.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,443 | €28,322 | +€6,879 | +32.1% |
| Amounts payable within one year | 42/48 | €21,443 | €28,322 | +€6,879 | +32.1% |
| Trade debts | 44 | €686 | €3,055 | +€2,369 | +345.3% |
| Suppliers | 440/4 | €686 | €3,055 | +€2,369 | +345.3% |
| Taxes, remuneration and social security | 45 | €14,723 | €14,025 | -€698 | -4.7% |
| Taxes | 450/3 | €10,902 | €14,025 | +€3,123 | +28.6% |
| Remuneration and social security | 454/9 | €3,821 | €0 | -€3,821 | -100.0% |
| Other amounts payable | 47/48 | €6,034 | €11,242 | +€5,208 | +86.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,592 | €998 | -€3,594 | -78.3% |
| Other operating charges | 640/8 | €1,644 | €1,384 | -€259 | -15.8% |
| Gross operating margin | 9900 | €92,314 | €86,736 | -€5,578 | -6.0% |
| Operating profit (loss) | 9901 | €86,078 | €84,354 | -€1,725 | -2.0% |
| Financial income | 75/76B | €168 | €253 | +€85 | +50.8% |
| Recurring financial income | 75 | €168 | €253 | +€85 | +50.8% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.5% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €86,202 | €84,566 | -€1,636 | -1.9% |
| Income taxes | 67/77 | €18,733 | €17,707 | -€1,026 | -5.5% |
| Profit (loss) for the period | 9904 | €67,470 | €66,859 | -€610 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,470 | €66,859 | -€610 | -0.9% |
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 10 October 2026 via checked.be.