BOUWSALON: 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.
What changed
BOUWSALON
NACE 47.639, Retail sale of other sporting goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3,764
2024 · -€47+€3,811
Equity
€333,391
2024 · €329,627+€3,764
Cash
€48,691
2024 · €46,258+€2,433
Balance sheet total
€388,188
2024 · €375,026+€13,162
Largest movements
Assets
- Stocks and contracts +€8,715
up €8,715 (+2.8%), from €308,450 to €317,165
Equity and liabilities
- Trade debts +€12,218
up €12,218 (+34.9%), from €35,015 to €47,233
Income statement
- Staff costs -€17,714
down €17,714 (-93.8%), from €18,894 to €1,180
- Gross operating margin -€11,981
down €11,981 (-47.8%), from €25,058 to €13,077
- Financial charges +€1,795
up €1,795 (+122%), from €1,472 to €3,267
- Taxes +€1,505
up €1,505 (+135%), from €1,117 to €2,622
- Financial income +€1,388
up €1,388 (+207%), from €672 to €2,060
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.
Result 2024
-€47
Gross operating margin
-€11,981
Staff costs
+€17,714
Depreciation
-€189
Other operating charges
+€179
Financial income
+€1,388
Financial charges
-€1,795
Taxes
-€1,505
Result 2025
€3,764
raises the resultlowers the result
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.
From operations
+€3,806
Investment
-€1,373
Financing
€0
Cash 2024
€46,258
From operations (derived)
+€3,806
Net result for the year
+€3,764
Depreciation
+€2,785
Stocks and contracts
-€8,715
Receivables within one year
-€3,405
Deferred charges and accrued income
-€21
Trade debts
+€12,218
Tax, wage and social debts
-€2,820
Investment (derived)
-€1,373
Investment in fixed assets (net)
-€1,373
Cash 2025
€48,691
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €375,026 | €388,188 | +€13,162 | +3.5% |
| Fixed assets | 21/28 | €11,351 | €9,939 | -€1,412 | -12.4% |
| Tangible fixed assets | 22/27 | €11,351 | €9,939 | -€1,412 | -12.4% |
| Land and buildings | 22 | €9,175 | €7,784 | -€1,391 | -15.2% |
| Plant, machinery and equipment | 23 | €663 | €139 | -€524 | -79.0% |
| Furniture and vehicles | 24 | €1,513 | €2,016 | +€503 | +33.2% |
| Current assets | 29/58 | €363,675 | €378,249 | +€14,574 | +4.0% |
| Stocks and contracts in progress | 3 | €308,450 | €317,165 | +€8,715 | +2.8% |
| Stocks | 30/36 | €308,450 | €317,165 | +€8,715 | +2.8% |
| Amounts receivable within one year | 40/41 | €7,994 | €11,399 | +€3,405 | +42.6% |
| Trade receivables | 40 | €2,845 | - | -€2,845 | |
| Other amounts receivable | 41 | €5,149 | €11,399 | +€6,250 | +121% |
| Cash at bank and in hand | 54/58 | €46,258 | €48,691 | +€2,433 | +5.3% |
| Deferred charges and accrued income | 490/1 | €973 | €994 | +€21 | +2.2% |
| Total equity and liabilities | 10/49 | €375,026 | €388,188 | +€13,162 | +3.5% |
| Equity | 10/15 | €329,627 | €333,391 | +€3,764 | +1.1% |
| 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 | €266,200 | €266,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,427 | €5,191 | +€3,764 | +264% |
| Amounts payable | 17/49 | €45,399 | €54,797 | +€9,398 | +20.7% |
| Amounts payable within one year | 42/48 | €45,399 | €54,797 | +€9,398 | +20.7% |
| Trade debts | 44 | €35,015 | €47,233 | +€12,218 | +34.9% |
| Suppliers | 440/4 | €35,015 | €47,233 | +€12,218 | +34.9% |
| Taxes, remuneration and social security | 45 | €10,384 | €7,564 | -€2,820 | -27.2% |
| Taxes | 450/3 | €10,384 | €7,512 | -€2,872 | -27.7% |
| Remuneration and social security | 454/9 | - | €52 | +€52 | |
| Remuneration, social security and pensions | 62 | €18,894 | €1,180 | -€17,714 | -93.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,596 | €2,785 | +€189 | +7.3% |
| Other operating charges | 640/8 | €1,698 | €1,519 | -€179 | -10.5% |
| Gross operating margin | 9900 | €25,058 | €13,077 | -€11,981 | -47.8% |
| Operating profit (loss) | 9901 | €1,870 | €7,593 | +€5,723 | +306% |
| Financial income | 75/76B | €672 | €2,060 | +€1,388 | +207% |
| Recurring financial income | 75 | €672 | €2,060 | +€1,388 | +207% |
| Financial charges | 65/66B | €1,472 | €3,267 | +€1,795 | +122% |
| Recurring financial charges | 65 | €1,472 | €3,267 | +€1,795 | +122% |
| Profit (loss) for the period before taxes | 9903 | €1,070 | €6,386 | +€5,316 | +497% |
| Income taxes | 67/77 | €1,117 | €2,622 | +€1,505 | +135% |
| Profit (loss) for the period | 9904 | -€47 | €3,764 | +€3,811 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47 | €3,764 | +€3,811 |
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 21 October 2026 via checked.be.