BOUWONDERNEMING DEBELS: 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.
BOUWONDERNEMING DEBELS
Largest movements
- Cash +€12,564
up €12,564 (+20.6%), from €61,042 to €73,606
mainly Depreciation (+€9,537) and Receivables within one year (+€5,893)
- Tangible fixed assets -€7,441
down €7,441 (-16.3%), from €45,599 to €38,158
of which Furniture and vehicles: -€5,622
- Receivables within one year -€5,893
down €5,893 (-57.0%), from €10,330 to €4,437
of which Trade receivables: -€4,299
- Stocks and contracts +€5,294
up €5,294 (+16.4%), from €32,226 to €37,520
of which Contracts in progress: +€6,857
- Profit (loss) carried forward +€5,776
up €5,776 (+21.8%), from €26,539 to €32,314
- Other debts -€1,663
down €1,663 (-1.9%), from €89,820 to €88,157
- Gross operating margin +€16,120
up €16,120 (+219.7%), from €7,337 to €23,457
- Depreciation +€2,688
up €2,688 (+39.3%), from €6,848 to €9,537
- Other operating charges +€2,184
up €2,184 (+80.2%), from €2,722 to €4,906
- Taxes +€1,744
up €1,744 (+7603.1%), from €23 to €1,767
- Financial charges +€1,456
up €1,456 (+2273.2%), from €64 to €1,521
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 | €155,287 | €160,920 | +€5,633 | +3.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €45,743 | €38,909 | -€6,834 | -14.9% |
| Tangible fixed assets | 22/27 | €45,599 | €38,158 | -€7,441 | -16.3% |
| Land and buildings | 22 | €12,849 | €11,030 | -€1,819 | -14.2% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €32,750 | €27,128 | -€5,622 | -17.2% |
| Financial fixed assets | 28 | €144 | €751 | +€607 | +420.5% |
| Current assets | 29/58 | €109,543 | €122,010 | +€12,467 | +11.4% |
| Stocks and contracts in progress | 3 | €32,226 | €37,520 | +€5,294 | +16.4% |
| Stocks | 30/36 | €32,226 | €30,663 | -€1,563 | -4.8% |
| Contracts in progress | 37 | - | €6,857 | +€6,857 | |
| Amounts receivable within one year | 40/41 | €10,330 | €4,437 | -€5,893 | -57.0% |
| Trade receivables | 40 | €6,759 | €2,460 | -€4,299 | -63.6% |
| Other amounts receivable | 41 | €3,571 | €1,977 | -€1,594 | -44.6% |
| Cash at bank and in hand | 54/58 | €61,042 | €73,606 | +€12,564 | +20.6% |
| Deferred charges and accrued income | 490/1 | €5,945 | €6,447 | +€502 | +8.4% |
| Total equity and liabilities | 10/49 | €155,287 | €160,920 | +€5,633 | +3.6% |
| Equity | 10/15 | €57,807 | €63,583 | +€5,776 | +10.0% |
| Reserves | 13 | €31,268 | €31,268 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,239 | €15,239 | = | 0.0% |
| Distributable reserves | 133 | €14,079 | €14,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,539 | €32,314 | +€5,776 | +21.8% |
| Amounts payable | 17/49 | €97,480 | €97,337 | -€143 | -0.1% |
| Amounts payable within one year | 42/48 | €97,480 | €97,337 | -€143 | -0.1% |
| Trade debts | 44 | €7,371 | €8,318 | +€948 | +12.9% |
| Suppliers | 440/4 | €7,371 | €8,318 | +€948 | +12.9% |
| Taxes, remuneration and social security | 45 | €289 | €862 | +€573 | +198.2% |
| Taxes | 450/3 | €289 | €862 | +€573 | +198.2% |
| Other amounts payable | 47/48 | €89,820 | €88,157 | -€1,663 | -1.9% |
| Non-recurring operating income | 76A | €1,750 | - | -€1,750 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,848 | €9,537 | +€2,688 | +39.3% |
| Other operating charges | 640/8 | €2,722 | €4,906 | +€2,184 | +80.2% |
| Gross operating margin | 9900 | €7,337 | €23,457 | +€16,120 | +219.7% |
| Operating profit (loss) | 9901 | -€2,232 | €9,015 | +€11,247 | |
| Financial income | 75/76B | €0 | €48 | +€48 | +120550.0% |
| Recurring financial income | 75 | €0 | €48 | +€48 | +120550.0% |
| Financial charges | 65/66B | €64 | €1,521 | +€1,456 | +2273.2% |
| Recurring financial charges | 65 | €64 | €1,521 | +€1,456 | +2273.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,296 | €7,543 | +€9,839 | |
| Income taxes | 67/77 | €23 | €1,767 | +€1,744 | +7603.1% |
| Profit (loss) for the period | 9904 | -€2,319 | €5,776 | +€8,095 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,319 | €5,776 | +€8,095 |
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 9 October 2026 via checked.be.