BOUWWERKEN RD: 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.
BOUWWERKEN RD
Largest movements
- Cash +€17,463
up €17,463 (+88.3%), from €19,785 to €37,248
mainly Other debts (+€15,946) and Net result for the year (+€11,219)
- Receivables within one year -€8,066
down €8,066 (-21.7%), from €37,089 to €29,022
of which Trade receivables: -€13,507
- Deferred charges and accrued income +€3,372
up €3,372 (+657%), from €513 to €3,885
- Reserves -€16,781
down €16,781 (-38.6%), from €43,437 to €26,656
- Other debts +€15,946
up €15,946 (+239%), from €6,665 to €22,611
- Tax, wage and social debts +€8,708
new in 2025: €8,708
of which Taxes: +€8,400
- Trade debts +€4,372
up €4,372 (+350%), from €1,250 to €5,622
- Gross operating margin -€5,877
down €5,877 (-20.1%), from €29,253 to €23,376
- Taxes +€1,122
up €1,122 (+34.6%), from €3,246 to €4,369
- Depreciation -€1,057
down €1,057 (-21.5%), from €4,916 to €3,859
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 | €63,752 | €75,997 | +€12,245 | +19.2% |
| Fixed assets | 21/28 | €6,365 | €5,841 | -€524 | -8.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,365 | €5,841 | -€524 | -8.2% |
| Plant, machinery and equipment | 23 | €1,213 | €1,535 | +€322 | +26.5% |
| Furniture and vehicles | 24 | €5,151 | €4,306 | -€846 | -16.4% |
| Current assets | 29/58 | €57,387 | €70,156 | +€12,769 | +22.3% |
| Amounts receivable within one year | 40/41 | €37,089 | €29,022 | -€8,066 | -21.7% |
| Trade receivables | 40 | €33,083 | €19,576 | -€13,507 | -40.8% |
| Other amounts receivable | 41 | €4,005 | €9,446 | +€5,441 | +136% |
| Cash at bank and in hand | 54/58 | €19,785 | €37,248 | +€17,463 | +88.3% |
| Deferred charges and accrued income | 490/1 | €513 | €3,885 | +€3,372 | +657% |
| Total equity and liabilities | 10/49 | €63,752 | €75,997 | +€12,245 | +19.2% |
| Equity | 10/15 | €55,837 | €39,056 | -€16,781 | -30.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,437 | €26,656 | -€16,781 | -38.6% |
| Distributable reserves | 133 | €43,437 | €26,656 | -€16,781 | -38.6% |
| Amounts payable | 17/49 | €7,915 | €36,941 | +€29,026 | +367% |
| Amounts payable within one year | 42/48 | €7,915 | €36,941 | +€29,026 | +367% |
| Trade debts | 44 | €1,250 | €5,622 | +€4,372 | +350% |
| Suppliers | 440/4 | €1,250 | €5,622 | +€4,372 | +350% |
| Taxes, remuneration and social security | 45 | - | €8,708 | +€8,708 | |
| Taxes | 450/3 | - | €8,400 | +€8,400 | |
| Remuneration and social security | 454/9 | - | €308 | +€308 | |
| Other amounts payable | 47/48 | €6,665 | €22,611 | +€15,946 | +239% |
| Remuneration, social security and pensions | 62 | €3,105 | €3,117 | +€12 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,916 | €3,859 | -€1,057 | -21.5% |
| Other operating charges | 640/8 | €800 | €647 | -€153 | -19.1% |
| Gross operating margin | 9900 | €29,253 | €23,376 | -€5,877 | -20.1% |
| Operating profit (loss) | 9901 | €20,432 | €15,753 | -€4,679 | -22.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €321 | €165 | -€156 | -48.6% |
| Recurring financial charges | 65 | €321 | €165 | -€156 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €20,111 | €15,588 | -€4,523 | -22.5% |
| Income taxes | 67/77 | €3,246 | €4,369 | +€1,122 | +34.6% |
| Profit (loss) for the period | 9904 | €16,865 | €11,219 | -€5,646 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,865 | €11,219 | -€5,646 | -33.5% |
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 30 October 2026 via checked.be.