BOUWSTOCKS: 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.
BOUWSTOCKS
Largest movements
- Cash -€186,942
down €186,942 (-71.9%), from €259,897 to €72,956
mainly Other debts (-€158,649) and Stocks and contracts (-€103,282)
- Stocks and contracts +€103,282
up €103,282 (+15.7%), from €657,861 to €761,143
- Tangible fixed assets -€29,788
down €29,788 (-10.6%), from €281,605 to €251,817
of which Furniture and vehicles: -€30,854
- Intangible fixed assets +€22,475
up €22,475 (+494%), from €4,552 to €27,027
- Other debts -€158,649
down €158,649 (-43.0%), from €369,144 to €210,495
- Reserves +€130,399
up €130,399 (+22.6%), from €576,406 to €706,805
of which Distributable reserves: +€130,399
- Trade debts -€55,369
down €55,369 (-35.7%), from €155,097 to €99,727
- Gross operating margin -€38,003
down €38,003 (-8.6%), from €440,358 to €402,354
- Staff costs +€30,022
up €30,022 (+24.0%), from €125,130 to €155,152
- Taxes -€20,830
down €20,830 (-31.8%), from €65,467 to €44,638
- Depreciation +€15,946
up €15,946 (+37.7%), from €42,287 to €58,234
- Financial charges -€9,176
down €9,176 (-46.6%), from €19,702 to €10,526
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,245,087 | €1,148,683 | -€96,404 | -7.7% |
| Fixed assets | 21/28 | €286,157 | €278,845 | -€7,313 | -2.6% |
| Intangible fixed assets | 21 | €4,552 | €27,027 | +€22,475 | +494% |
| Tangible fixed assets | 22/27 | €281,605 | €251,817 | -€29,788 | -10.6% |
| Land and buildings | 22 | €133,955 | €143,687 | +€9,732 | +7.3% |
| Plant, machinery and equipment | 23 | €41,287 | €32,621 | -€8,666 | -21.0% |
| Furniture and vehicles | 24 | €106,364 | €75,510 | -€30,854 | -29.0% |
| Current assets | 29/58 | €958,930 | €869,839 | -€89,091 | -9.3% |
| Stocks and contracts in progress | 3 | €657,861 | €761,143 | +€103,282 | +15.7% |
| Stocks | 30/36 | €657,861 | €761,143 | +€103,282 | +15.7% |
| Amounts receivable within one year | 40/41 | €40,336 | €35,367 | -€4,969 | -12.3% |
| Trade receivables | 40 | €37,577 | €29,063 | -€8,514 | -22.7% |
| Other amounts receivable | 41 | €2,759 | €6,304 | +€3,545 | +128% |
| Cash at bank and in hand | 54/58 | €259,897 | €72,956 | -€186,942 | -71.9% |
| Deferred charges and accrued income | 490/1 | €835 | €374 | -€462 | -55.3% |
| Total equity and liabilities | 10/49 | €1,245,087 | €1,148,683 | -€96,404 | -7.7% |
| Equity | 10/15 | €588,806 | €719,205 | +€130,399 | +22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €576,406 | €706,805 | +€130,399 | +22.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €576,406 | €706,805 | +€130,399 | +22.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €656,281 | €429,478 | -€226,803 | -34.6% |
| Amounts payable within one year | 42/48 | €584,845 | €367,784 | -€217,061 | -37.1% |
| Trade debts | 44 | €155,097 | €99,727 | -€55,369 | -35.7% |
| Suppliers | 440/4 | €155,097 | €99,727 | -€55,369 | -35.7% |
| Taxes, remuneration and social security | 45 | €60,604 | €57,562 | -€3,043 | -5.0% |
| Taxes | 450/3 | €42,284 | €28,844 | -€13,440 | -31.8% |
| Remuneration and social security | 454/9 | €18,320 | €28,718 | +€10,398 | +56.8% |
| Other amounts payable | 47/48 | €369,144 | €210,495 | -€158,649 | -43.0% |
| Accrued charges and deferred income | 492/3 | €71,436 | €61,694 | -€9,742 | -13.6% |
| Non-recurring operating income | 76A | €196 | €1,000 | +€804 | +411% |
| Remuneration, social security and pensions | 62 | €125,130 | €155,152 | +€30,022 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,287 | €58,234 | +€15,946 | +37.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,683 | €11,493 | +€6,810 | +145% |
| Gross operating margin | 9900 | €440,358 | €402,354 | -€38,003 | -8.6% |
| Operating profit (loss) | 9901 | €268,257 | €177,476 | -€90,781 | -33.8% |
| Financial income | 75/76B | €6,743 | €8,088 | +€1,345 | +19.9% |
| Recurring financial income | 75 | €6,743 | €8,088 | +€1,345 | +19.9% |
| Financial charges | 65/66B | €19,702 | €10,526 | -€9,176 | -46.6% |
| Recurring financial charges | 65 | €19,702 | €10,526 | -€9,176 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €255,297 | €175,037 | -€80,260 | -31.4% |
| Income taxes | 67/77 | €65,467 | €44,638 | -€20,830 | -31.8% |
| Profit (loss) for the period | 9904 | €189,830 | €130,399 | -€59,431 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €189,830 | €130,399 | -€59,431 | -31.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.