BOUWECO: 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.
BOUWECO
Largest movements
- Tangible fixed assets -€20,652
down €20,652 (-1.2%), from €1.7m to €1.6m
of which Land and buildings: -€20,207
- Other debts -€19,818
down €19,818 (-3.1%), from €632,039 to €612,221
- Gross operating margin +€2,986
up €2,986 (+14.9%), from €20,020 to €23,005
- Depreciation -€383
down €383 (-1.8%), from €21,034 to €20,652
- Other operating charges -€376
down €376 (-9.5%), from €3,966 to €3,589
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 | €1,664,123 | €1,644,648 | -€19,474 | -1.2% |
| Fixed assets | 21/28 | €1,661,276 | €1,640,624 | -€20,652 | -1.2% |
| Tangible fixed assets | 22/27 | €1,661,276 | €1,640,624 | -€20,652 | -1.2% |
| Land and buildings | 22 | €1,126,488 | €1,106,281 | -€20,207 | -1.8% |
| Plant, machinery and equipment | 23 | €1,862 | €1,417 | -€445 | -23.9% |
| Other tangible fixed assets | 26 | €532,926 | €532,926 | = | 0.0% |
| Current assets | 29/58 | €2,847 | €4,024 | +€1,177 | +41.3% |
| Amounts receivable within one year | 40/41 | €3 | €4 | +€0 | +11.0% |
| Other amounts receivable | 41 | €3 | €4 | +€0 | +11.0% |
| Cash at bank and in hand | 54/58 | €1,881 | €1,850 | -€31 | -1.6% |
| Deferred charges and accrued income | 490/1 | €963 | €2,170 | +€1,207 | +125% |
| Total equity and liabilities | 10/49 | €1,664,123 | €1,644,648 | -€19,474 | -1.2% |
| Equity | 10/15 | €1,029,995 | €1,028,735 | -€1,259 | -0.1% |
| Contributions | 10/11 | €1,188,167 | €1,188,167 | = | 0.0% |
| Capital | 10 | €1,188,167 | €1,188,167 | = | 0.0% |
| Issued capital | 100 | €1,188,167 | €1,188,167 | = | 0.0% |
| Reserves | 13 | €13,280 | €13,280 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,055 | €12,055 | = | 0.0% |
| Legal reserve | 130 | €12,055 | €12,055 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,225 | €1,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,453 | -€172,712 | -€1,259 | -0.7% |
| Amounts payable | 17/49 | €634,128 | €615,913 | -€18,215 | -2.9% |
| Amounts payable within one year | 42/48 | €632,495 | €615,417 | -€17,079 | -2.7% |
| Trade debts | 44 | €456 | €3,196 | +€2,740 | +600% |
| Suppliers | 440/4 | €456 | €3,196 | +€2,740 | +600% |
| Other amounts payable | 47/48 | €632,039 | €612,221 | -€19,818 | -3.1% |
| Accrued charges and deferred income | 492/3 | €1,633 | €496 | -€1,136 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,034 | €20,652 | -€383 | -1.8% |
| Other operating charges | 640/8 | €3,966 | €3,589 | -€376 | -9.5% |
| Gross operating margin | 9900 | €20,020 | €23,005 | +€2,986 | +14.9% |
| Operating profit (loss) | 9901 | -€4,981 | -€1,235 | +€3,745 | +75.2% |
| Financial income | 75/76B | €11 | €12 | +€1 | +10.8% |
| Recurring financial income | 75 | €11 | €12 | +€1 | +10.8% |
| Financial charges | 65/66B | €35 | €36 | +€1 | +2.5% |
| Recurring financial charges | 65 | €35 | €36 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,005 | -€1,259 | +€3,746 | +74.8% |
| Profit (loss) for the period | 9904 | -€5,005 | -€1,259 | +€3,746 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,005 | -€1,259 | +€3,746 | +74.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.