BOUWWEST: 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.
BOUWWEST
Largest movements
- Cash +€3,161
up €3,161 (+139%), from €2,278 to €5,439
mainly Other debts (+€4,186) and Receivables within one year (+€656)
- Other debts +€4,186
up €4,186 (+1.2%), from €356,877 to €361,063
- Gross operating margin -€1,108
down €1,108 (-27.1%), from €4,086 to €2,978
- Taxes -€277
down €277 (-33.5%), from €827 to €550
- Other operating charges +€136
up €136 (+6.8%), from €1,990 to €2,125
- Financial charges +€132
up €132 (+44.3%), from €297 to €429
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 | €246,029 | €248,503 | +€2,474 | +1.0% |
| Fixed assets | 21/28 | €423 | €423 | = | 0.0% |
| Financial fixed assets | 28 | €423 | €423 | = | 0.0% |
| Current assets | 29/58 | €245,605 | €248,080 | +€2,474 | +1.0% |
| Stocks and contracts in progress | 3 | €242,671 | €242,641 | -€30 | 0.0% |
| Stocks | 30/36 | €242,671 | €242,641 | -€30 | 0.0% |
| Amounts receivable within one year | 40/41 | €656 | €0 | -€656 | -100% |
| Other amounts receivable | 41 | €656 | €0 | -€656 | -100% |
| Cash at bank and in hand | 54/58 | €2,278 | €5,439 | +€3,161 | +139% |
| Total equity and liabilities | 10/49 | €246,029 | €248,503 | +€2,474 | +1.0% |
| Equity | 10/15 | -€113,685 | -€113,812 | -€126 | -0.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €38,848 | €38,848 | = | 0.0% |
| Non-distributable reserves | 130/1 | €873 | €873 | = | 0.0% |
| Legal reserve | 130 | €873 | €873 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,964 | €15,964 | = | 0.0% |
| Distributable reserves | 133 | €22,011 | €22,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,507 | -€214,633 | -€126 | -0.1% |
| Amounts payable | 17/49 | €359,714 | €362,315 | +€2,600 | +0.7% |
| Amounts payable within one year | 42/48 | €359,714 | €362,315 | +€2,600 | +0.7% |
| Trade debts | 44 | €55 | €221 | +€166 | +302% |
| Suppliers | 440/4 | €55 | €221 | +€166 | +302% |
| Taxes, remuneration and social security | 45 | €2,782 | €1,031 | -€1,752 | -63.0% |
| Taxes | 450/3 | €2,782 | €1,031 | -€1,752 | -63.0% |
| Other amounts payable | 47/48 | €356,877 | €361,063 | +€4,186 | +1.2% |
| Other operating charges | 640/8 | €1,990 | €2,125 | +€136 | +6.8% |
| Gross operating margin | 9900 | €4,086 | €2,978 | -€1,108 | -27.1% |
| Operating profit (loss) | 9901 | €2,097 | €853 | -€1,244 | -59.3% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100% |
| Financial charges | 65/66B | €297 | €429 | +€132 | +44.3% |
| Recurring financial charges | 65 | €297 | €429 | +€132 | +44.3% |
| Profit (loss) for the period before taxes | 9903 | €1,823 | €424 | -€1,399 | -76.8% |
| Income taxes | 67/77 | €827 | €550 | -€277 | -33.5% |
| Profit (loss) for the period | 9904 | €996 | -€126 | -€1,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €996 | -€126 | -€1,122 |
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 17 October 2026 via checked.be.