BOUWMANS: what changed
Two fiscal 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.
BOUWMANS
Largest movements
- Cash +€42,242
up €42,242, from €0 to €42,242
mainly Net result for the year (+€44,624) and Depreciation (+€9,729)
- Tangible fixed assets -€9,729
down €9,729 (-26.6%), from €36,596 to €26,867
of which Leasing and similar rights: -€9,223
- Deferred charges and accrued income +€8,839
up €8,839 (+263.4%), from €3,355 to €12,194
- Receivables within one year -€4,326
down €4,326 (-16.4%), from €26,374 to €22,047
of which Other amounts receivable: -€5,367
- Profit (loss) carried forward +€20,914
up €20,914, from -€20,914 to €0
- Reserves +€16,722
up €16,722 (+57.7%), from €28,990 to €45,712
of which Distributable reserves: +€16,722
- Trade debts -€10,101
down €10,101 (-99.4%), from €10,166 to €64
- Other debts +€9,616
up €9,616 (+1258.7%), from €764 to €10,380
- Tax, wage and social debts +€7,457
up €7,457 (+103.7%), from €7,190 to €14,647
of which Taxes: +€14,001
- Staff costs -€23,307
down €23,307 (-20.9%), from €111,353 to €88,046
- Gross operating margin +€11,530
up €11,530 (+7.9%), from €146,497 to €158,027
- Taxes +€10,760
new in 2025: €10,760
- Other operating charges +€2,101
up €2,101 (+202.2%), from €1,039 to €3,141
- Financial income +€1,685
up €1,685 (+7025.2%), from €24 to €1,709
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 | €66,324 | €103,350 | +€37,025 | +55.8% |
| Fixed assets | 21/28 | €36,596 | €26,867 | -€9,729 | -26.6% |
| Tangible fixed assets | 22/27 | €36,596 | €26,867 | -€9,729 | -26.6% |
| Plant, machinery and equipment | 23 | €666 | €159 | -€506 | -76.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €35,930 | €26,707 | -€9,223 | -25.7% |
| Current assets | 29/58 | €29,729 | €76,483 | +€46,754 | +157.3% |
| Amounts receivable within one year | 40/41 | €26,374 | €22,047 | -€4,326 | -16.4% |
| Trade receivables | 40 | €21,007 | €22,047 | +€1,040 | +5.0% |
| Other amounts receivable | 41 | €5,367 | €0 | -€5,367 | -100.0% |
| Cash at bank and in hand | 54/58 | €0 | €42,242 | +€42,242 | |
| Deferred charges and accrued income | 490/1 | €3,355 | €12,194 | +€8,839 | +263.4% |
| Total equity and liabilities | 10/49 | €66,324 | €103,350 | +€37,025 | +55.8% |
| Equity | 10/15 | €26,676 | €64,312 | +€37,636 | +141.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,990 | €45,712 | +€16,722 | +57.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €28,990 | €45,712 | +€16,722 | +57.7% |
| Profit (loss) carried forward | 14 | -€20,914 | €0 | +€20,914 | |
| Amounts payable | 17/49 | €39,648 | €39,037 | -€611 | -1.5% |
| Amounts payable after more than one year | 17 | €13,946 | €6,695 | -€7,251 | -52.0% |
| Financial debts | 170/4 | €13,946 | €6,695 | -€7,251 | -52.0% |
| Amounts payable within one year | 42/48 | €25,702 | €32,342 | +€6,640 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €6,481 | €7,251 | +€769 | +11.9% |
| Financial debts | 43 | €1,101 | €0 | -€1,101 | -100.0% |
| Credit institutions | 430/8 | €1,101 | €0 | -€1,101 | -100.0% |
| Trade debts | 44 | €10,166 | €64 | -€10,101 | -99.4% |
| Suppliers | 440/4 | €10,166 | €64 | -€10,101 | -99.4% |
| Taxes, remuneration and social security | 45 | €7,190 | €14,647 | +€7,457 | +103.7% |
| Taxes | 450/3 | €328 | €14,329 | +€14,001 | +4268.4% |
| Remuneration and social security | 454/9 | €6,862 | €318 | -€6,544 | -95.4% |
| Other amounts payable | 47/48 | €764 | €10,380 | +€9,616 | +1258.7% |
| Remuneration, social security and pensions | 62 | €111,353 | €88,046 | -€23,307 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,748 | €9,729 | -€19 | -0.2% |
| Other operating charges | 640/8 | €1,039 | €3,141 | +€2,101 | +202.2% |
| Gross operating margin | 9900 | €146,497 | €158,027 | +€11,530 | +7.9% |
| Operating profit (loss) | 9901 | €24,356 | €57,111 | +€32,755 | +134.5% |
| Financial income | 75/76B | €24 | €1,709 | +€1,685 | +7025.2% |
| Recurring financial income | 75 | €24 | €1,709 | +€1,685 | +7025.2% |
| Financial charges | 65/66B | €3,979 | €3,436 | -€543 | -13.7% |
| Recurring financial charges | 65 | €3,979 | €3,436 | -€543 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €20,401 | €55,384 | +€34,983 | +171.5% |
| Income taxes | 67/77 | - | €10,760 | +€10,760 | |
| Profit (loss) for the period | 9904 | €20,401 | €44,624 | +€24,223 | +118.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,401 | €44,624 | +€24,223 | +118.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.