BOUWDEPOT: 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.
BOUWDEPOT
Largest movements
- Intangible fixed assets +€86,756
up €86,756 (+681%), from €12,744 to €99,500
- Receivables within one year +€27,787
up €27,787 (+80.9%), from €34,342 to €62,129
of which Other amounts receivable: +€24,524
- Cash -€9,122
down €9,122 (-6.1%), from €149,166 to €140,044
mainly Investment in fixed assets (net) (-€89,212) and Contributions, distributions and other (-€48,000)
- Trade debts +€129,905
up €129,905 (+181%), from €71,776 to €201,681
- Other debts -€23,177
down €23,177 (-32.2%), from €72,000 to €48,823
- Staff costs +€13,228
up €13,228 (+8.9%), from €147,843 to €161,071
- Gross operating margin -€7,987
down €7,987 (-3.6%), from €224,473 to €216,486
- Depreciation +€2,456
new in 2025: €2,456
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 | €196,906 | €304,798 | +€107,891 | +54.8% |
| Fixed assets | 21/28 | €13,107 | €99,863 | +€86,756 | +662% |
| Intangible fixed assets | 21 | €12,744 | €99,500 | +€86,756 | +681% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €183,799 | €204,935 | +€21,136 | +11.5% |
| Amounts receivable within one year | 40/41 | €34,342 | €62,129 | +€27,787 | +80.9% |
| Trade receivables | 40 | €6,976 | €10,239 | +€3,263 | +46.8% |
| Other amounts receivable | 41 | €27,366 | €51,890 | +€24,524 | +89.6% |
| Cash at bank and in hand | 54/58 | €149,166 | €140,044 | -€9,122 | -6.1% |
| Deferred charges and accrued income | 490/1 | €292 | €2,763 | +€2,471 | +847% |
| Total equity and liabilities | 10/49 | €196,906 | €304,798 | +€107,891 | +54.8% |
| Equity | 10/15 | €29,546 | €29,665 | +€118 | +0.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,996 | €11,115 | +€118 | +1.1% |
| Amounts payable | 17/49 | €167,360 | €275,133 | +€107,773 | +64.4% |
| Amounts payable within one year | 42/48 | €167,360 | €275,133 | +€107,773 | +64.4% |
| Financial debts | 43 | €682 | €1,847 | +€1,165 | +171% |
| Credit institutions | 430/8 | €682 | €1,847 | +€1,165 | +171% |
| Trade debts | 44 | €71,776 | €201,681 | +€129,905 | +181% |
| Suppliers | 440/4 | €71,776 | €201,681 | +€129,905 | +181% |
| Taxes, remuneration and social security | 45 | €22,902 | €22,782 | -€121 | -0.5% |
| Taxes | 450/3 | €3,346 | €2,010 | -€1,336 | -39.9% |
| Remuneration and social security | 454/9 | €19,557 | €20,772 | +€1,215 | +6.2% |
| Other amounts payable | 47/48 | €72,000 | €48,823 | -€23,177 | -32.2% |
| Remuneration, social security and pensions | 62 | €147,843 | €161,071 | +€13,228 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,456 | +€2,456 | |
| Other operating charges | 640/8 | €654 | €722 | +€68 | +10.4% |
| Gross operating margin | 9900 | €224,473 | €216,486 | -€7,987 | -3.6% |
| Operating profit (loss) | 9901 | €75,976 | €52,237 | -€23,739 | -31.2% |
| Financial income | 75/76B | €17,187 | €15,224 | -€1,963 | -11.4% |
| Recurring financial income | 75 | €17,187 | €15,224 | -€1,963 | -11.4% |
| Financial charges | 65/66B | €20,449 | €19,343 | -€1,106 | -5.4% |
| Recurring financial charges | 65 | €20,449 | €19,343 | -€1,106 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €72,715 | €48,118 | -€24,596 | -33.8% |
| Income taxes | 67/77 | €599 | - | -€599 | |
| Profit (loss) for the period | 9904 | €72,116 | €48,118 | -€23,997 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,116 | €48,118 | -€23,997 | -33.3% |
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 23 October 2026 via checked.be.