BOUWCOO: 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.
BOUWCOO
Largest movements
- Cash -€120,882
down €120,882 (-63.9%), from €189,143 to €68,261
mainly Contributions, distributions and other (-€100,896) and Current investments (-€50,000)
- Current investments +€50,000
up €50,000 (+100.0%), from €50,000 to €100,000
- Tangible fixed assets -€4,101
down €4,101 (-92.2%), from €4,450 to €348
- Reserves -€66,920
down €66,920 (-30.5%), from €219,425 to €152,505
- Tax, wage and social debts -€8,484
down €8,484 (-56.3%), from €15,068 to €6,584
of which Taxes: -€8,610
- Gross operating margin -€21,300
down €21,300 (-30.0%), from €70,993 to €49,693
- Other operating charges -€6,934
down €6,934 (-93.1%), from €7,452 to €518
- Taxes -€4,216
down €4,216 (-23.7%), from €17,805 to €13,589
- Financial income -€1,779
down €1,779 (-41.3%), from €4,304 to €2,525
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 | €253,596 | €178,082 | -€75,514 | -29.8% |
| Fixed assets | 21/28 | €4,450 | €348 | -€4,101 | -92.2% |
| Tangible fixed assets | 22/27 | €4,450 | €348 | -€4,101 | -92.2% |
| Furniture and vehicles | 24 | €4,450 | €348 | -€4,101 | -92.2% |
| Current assets | 29/58 | €249,147 | €177,734 | -€71,413 | -28.7% |
| Amounts receivable within one year | 40/41 | €9,747 | €9,473 | -€274 | -2.8% |
| Trade receivables | 40 | €9,747 | €9,473 | -€274 | -2.8% |
| Current investments | 50/53 | €50,000 | €100,000 | +€50,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €189,143 | €68,261 | -€120,882 | -63.9% |
| Deferred charges and accrued income | 490/1 | €257 | - | -€257 | |
| Total equity and liabilities | 10/49 | €253,596 | €178,082 | -€75,514 | -29.8% |
| Equity | 10/15 | €238,025 | €171,105 | -€66,920 | -28.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €219,425 | €152,505 | -€66,920 | -30.5% |
| Distributable reserves | 133 | €219,425 | €152,505 | -€66,920 | -30.5% |
| Amounts payable | 17/49 | €15,571 | €6,977 | -€8,594 | -55.2% |
| Amounts payable within one year | 42/48 | €15,571 | €6,977 | -€8,594 | -55.2% |
| Trade debts | 44 | €56 | €103 | +€47 | +84.1% |
| Suppliers | 440/4 | €56 | €103 | +€47 | +84.1% |
| Taxes, remuneration and social security | 45 | €15,068 | €6,584 | -€8,484 | -56.3% |
| Taxes | 450/3 | €15,068 | €6,458 | -€8,610 | -57.1% |
| Remuneration and social security | 454/9 | - | €126 | +€126 | |
| Other amounts payable | 47/48 | €448 | €291 | -€157 | -35.0% |
| Non-recurring operating income | 76A | €773 | - | -€773 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,101 | €4,101 | = | 0.0% |
| Other operating charges | 640/8 | €7,452 | €518 | -€6,934 | -93.1% |
| Gross operating margin | 9900 | €70,993 | €49,693 | -€21,300 | -30.0% |
| Operating profit (loss) | 9901 | €59,440 | €45,074 | -€14,367 | -24.2% |
| Financial income | 75/76B | €4,304 | €2,525 | -€1,779 | -41.3% |
| Recurring financial income | 75 | €4,304 | €2,525 | -€1,779 | -41.3% |
| Financial charges | 65/66B | €30 | €34 | +€4 | +12.1% |
| Recurring financial charges | 65 | €30 | €34 | +€4 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €63,714 | €47,565 | -€16,149 | -25.3% |
| Income taxes | 67/77 | €17,805 | €13,589 | -€4,216 | -23.7% |
| Profit (loss) for the period | 9904 | €45,909 | €33,976 | -€11,933 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,909 | €33,976 | -€11,933 | -26.0% |
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.