BOUWERIJ: 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.
BOUWERIJ
Largest movements
- Deferred charges and accrued income +€105,600
up €105,600 (+19.1%), from €553,000 to €658,600
- Tangible fixed assets -€75,775
down €75,775 (-17.1%), from €443,309 to €367,534
- Receivables within one year +€74,019
up €74,019 (+69.3%), from €106,794 to €180,813
- Receivables after one year -€69,871
down €69,871 (-100.0%), from €69,871 to €0
- Other debts +€73,800
up €73,800 (+680.6%), from €10,843 to €84,643
- Reserves -€50,493
down €50,493 (-32.8%), from €154,009 to €103,516
- Gross operating margin +€12,890
up €12,890 (+12.5%), from €103,123 to €116,013
- Other operating charges +€9,806
up €9,806 (+48.8%), from €20,104 to €29,910
- Financial income -€5,319
down €5,319 (-56.2%), from €9,467 to €4,148
- Financial charges -€4,243
down €4,243 (-7.2%), from €58,529 to €54,286
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 | €1,179,560 | €1,207,500 | +€27,939 | +2.4% |
| Fixed assets | 21/28 | €443,759 | €367,984 | -€75,775 | -17.1% |
| Tangible fixed assets | 22/27 | €443,309 | €367,534 | -€75,775 | -17.1% |
| Land and buildings | 22 | €443,309 | €367,534 | -€75,775 | -17.1% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €735,802 | €839,516 | +€103,714 | +14.1% |
| Amounts receivable after more than one year | 29 | €69,871 | €0 | -€69,871 | -100.0% |
| Other amounts receivable | 291 | €69,871 | €0 | -€69,871 | -100.0% |
| Amounts receivable within one year | 40/41 | €106,794 | €180,813 | +€74,019 | +69.3% |
| Other amounts receivable | 41 | €106,794 | €180,813 | +€74,019 | +69.3% |
| Cash at bank and in hand | 54/58 | €6,137 | €103 | -€6,034 | -98.3% |
| Deferred charges and accrued income | 490/1 | €553,000 | €658,600 | +€105,600 | +19.1% |
| Total equity and liabilities | 10/49 | €1,179,560 | €1,207,500 | +€27,939 | +2.4% |
| Equity | 10/15 | €115,812 | €76,002 | -€39,809 | -34.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €154,009 | €103,516 | -€50,493 | -32.8% |
| Tax-exempt reserves | 132 | €154,009 | €103,516 | -€50,493 | -32.8% |
| Profit (loss) carried forward | 14 | -€100,197 | -€89,514 | +€10,683 | +10.7% |
| Amounts payable | 17/49 | €1,063,749 | €1,131,497 | +€67,749 | +6.4% |
| Amounts payable within one year | 42/48 | €1,063,749 | €1,131,497 | +€67,749 | +6.4% |
| Financial debts | 43 | €1,027,922 | €1,027,922 | = | 0.0% |
| Credit institutions | 430/8 | €1,027,922 | €1,027,922 | = | 0.0% |
| Trade debts | 44 | €24,983 | €18,932 | -€6,051 | -24.2% |
| Suppliers | 440/4 | €24,983 | €18,932 | -€6,051 | -24.2% |
| Other amounts payable | 47/48 | €10,843 | €84,643 | +€73,800 | +680.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,856 | €75,775 | -€81 | -0.1% |
| Other operating charges | 640/8 | €20,104 | €29,910 | +€9,806 | +48.8% |
| Gross operating margin | 9900 | €103,123 | €116,013 | +€12,890 | +12.5% |
| Operating profit (loss) | 9901 | €7,163 | €10,328 | +€3,166 | +44.2% |
| Financial income | 75/76B | €9,467 | €4,148 | -€5,319 | -56.2% |
| Recurring financial income | 75 | €9,467 | €4,148 | -€5,319 | -56.2% |
| Financial charges | 65/66B | €58,529 | €54,286 | -€4,243 | -7.2% |
| Recurring financial charges | 65 | €58,529 | €54,286 | -€4,243 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€41,899 | -€39,809 | +€2,090 | +5.0% |
| Profit (loss) for the period | 9904 | -€41,899 | -€39,809 | +€2,090 | +5.0% |
| Transfer from tax-exempt reserves | 789 | €50,493 | €50,493 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,594 | €10,683 | +€2,090 | +24.3% |
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 9 October 2026 via checked.be.