Bouwcoord: 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.
Bouwcoord
Largest movements
- Tangible fixed assets +€6,959
up €6,959 (+122%), from €5,693 to €12,652
of which Furniture and vehicles: +€7,430
- Cash +€3,525
up €3,525 (+23.4%), from €15,081 to €18,605
mainly Net result for the year (+€12,581) and Depreciation (+€2,783)
- Receivables within one year +€968
up €968 (+10.7%), from €9,090 to €10,058
of which Other amounts receivable: +€968
- Profit (loss) carried forward +€12,581
up €12,581 (+70.7%), from €17,805 to €30,386
- Tax, wage and social debts -€1,163
down €1,163 (-14.7%), from €7,894 to €6,731
- Depreciation +€1,609
up €1,609 (+137%), from €1,174 to €2,783
- Gross operating margin -€788
down €788 (-3.1%), from €25,417 to €24,629
- Staff costs -€302
no longer reported in 2025 (was €302)
- Taxes -€294
down €294 (-6.8%), from €4,326 to €4,032
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.
Derived cash bridge
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 | €30,606 | €42,058 | +€11,452 | +37.4% |
| Fixed assets | 21/28 | €5,693 | €12,652 | +€6,959 | +122% |
| Tangible fixed assets | 22/27 | €5,693 | €12,652 | +€6,959 | +122% |
| Plant, machinery and equipment | 23 | €1,881 | €1,411 | -€470 | -25.0% |
| Furniture and vehicles | 24 | €3,812 | €11,241 | +€7,430 | +195% |
| Current assets | 29/58 | €24,913 | €29,406 | +€4,493 | +18.0% |
| Amounts receivable within one year | 40/41 | €9,090 | €10,058 | +€968 | +10.7% |
| Trade receivables | 40 | €8,773 | €8,773 | = | 0.0% |
| Other amounts receivable | 41 | €317 | €1,285 | +€968 | +305% |
| Cash at bank and in hand | 54/58 | €15,081 | €18,605 | +€3,525 | +23.4% |
| Deferred charges and accrued income | 490/1 | €743 | €743 | = | 0.0% |
| Total equity and liabilities | 10/49 | €30,606 | €42,058 | +€11,452 | +37.4% |
| Equity | 10/15 | €19,805 | €32,386 | +€12,581 | +63.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,805 | €30,386 | +€12,581 | +70.7% |
| Amounts payable | 17/49 | €10,800 | €9,672 | -€1,128 | -10.4% |
| Amounts payable within one year | 42/48 | €10,800 | €9,672 | -€1,128 | -10.4% |
| Trade debts | 44 | €2,906 | €2,941 | +€35 | +1.2% |
| Suppliers | 440/4 | €2,906 | €2,941 | +€35 | +1.2% |
| Taxes, remuneration and social security | 45 | €7,894 | €6,731 | -€1,163 | -14.7% |
| Taxes | 450/3 | €7,894 | €6,731 | -€1,163 | -14.7% |
| Remuneration, social security and pensions | 62 | €302 | - | -€302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,174 | €2,783 | +€1,609 | +137% |
| Other operating charges | 640/8 | €519 | €481 | -€37 | -7.2% |
| Non-recurring operating charges | 66A | €727 | - | -€727 | |
| Gross operating margin | 9900 | €25,417 | €24,629 | -€788 | -3.1% |
| Operating profit (loss) | 9901 | €22,696 | €21,365 | -€1,331 | -5.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €4,871 | €4,753 | -€118 | -2.4% |
| Recurring financial charges | 65 | €4,871 | €4,753 | -€118 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €17,830 | €16,612 | -€1,218 | -6.8% |
| Income taxes | 67/77 | €4,326 | €4,032 | -€294 | -6.8% |
| Profit (loss) for the period | 9904 | €13,504 | €12,581 | -€924 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,504 | €12,581 | -€924 | -6.8% |
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 13 October 2026 via checked.be.