BOUWPASS: what changed
BOUWPASS
Largest movements
- Cash +€6,309
up €6,309 (+109%), from €5,806 to €12,115
mainly Other debts (+€3,954) and Tax, wage and social debts (+€3,254)
- Receivables within one year +€3,373
up €3,373 (+324%), from €1,042 to €4,415
of which Trade receivables: +€3,391
- Tangible fixed assets -€1,446
down €1,446 (-55.1%), from €2,623 to €1,177
- Deferred charges and accrued income +€253
up €253 (+179%), from €141 to €393
- Other debts +€3,954
up €3,954 (+66.6%), from €5,933 to €9,887
- Tax, wage and social debts +€3,254
up €3,254 (+11,036%), from €29 to €3,284
- Trade debts +€2,402
up €2,402 (+2,272%), from €106 to €2,508
- Reserves -€1,043
down €1,043 (-100%), from €1,043 to €0
- Gross operating margin -€3,528
down €3,528 (-61.4%), from €5,743 to €2,215
- Depreciation -€1,282
down €1,282 (-47.0%), from €2,728 to €1,446
- Taxes -€92
down €92 (-11.7%), from €783 to €691
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,611 | €18,100 | +€8,489 | +88.3% |
| Fixed assets | 21/28 | €2,623 | €1,177 | -€1,446 | -55.1% |
| Tangible fixed assets | 22/27 | €2,623 | €1,177 | -€1,446 | -55.1% |
| Furniture and vehicles | 24 | €2,623 | €1,177 | -€1,446 | -55.1% |
| Current assets | 29/58 | €6,988 | €16,923 | +€9,935 | +142% |
| Amounts receivable within one year | 40/41 | €1,042 | €4,415 | +€3,373 | +324% |
| Trade receivables | 40 | €1,024 | €4,415 | +€3,391 | +331% |
| Other amounts receivable | 41 | €17 | €0 | -€17 | -100% |
| Cash at bank and in hand | 54/58 | €5,806 | €12,115 | +€6,309 | +109% |
| Deferred charges and accrued income | 490/1 | €141 | €393 | +€253 | +179% |
| Total equity and liabilities | 10/49 | €9,611 | €18,100 | +€8,489 | +88.3% |
| Equity | 10/15 | €3,543 | €2,422 | -€1,121 | -31.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,043 | €0 | -€1,043 | -100% |
| Distributable reserves | 133 | €1,043 | €0 | -€1,043 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€78 | -€78 | |
| Amounts payable | 17/49 | €6,068 | €15,678 | +€9,611 | +158% |
| Amounts payable within one year | 42/48 | €6,068 | €15,678 | +€9,611 | +158% |
| Trade debts | 44 | €106 | €2,508 | +€2,402 | +2,272% |
| Suppliers | 440/4 | €106 | €2,508 | +€2,402 | +2,272% |
| Taxes, remuneration and social security | 45 | €29 | €3,284 | +€3,254 | +11,036% |
| Taxes | 450/3 | €29 | €3,284 | +€3,254 | +11,036% |
| Other amounts payable | 47/48 | €5,933 | €9,887 | +€3,954 | +66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,728 | €1,446 | -€1,282 | -47.0% |
| Other operating charges | 640/8 | €1,093 | €1,129 | +€36 | +3.3% |
| Gross operating margin | 9900 | €5,743 | €2,215 | -€3,528 | -61.4% |
| Operating profit (loss) | 9901 | €1,922 | -€360 | -€2,282 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €83 | €70 | -€12 | -15.0% |
| Recurring financial charges | 65 | €83 | €70 | -€12 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €1,839 | -€430 | -€2,269 | |
| Income taxes | 67/77 | €783 | €691 | -€92 | -11.7% |
| Profit (loss) for the period | 9904 | €1,056 | -€1,121 | -€2,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,056 | -€1,121 | -€2,177 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.