BOUWWEYNANTS: 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.
BOUWWEYNANTS
Largest movements
- Cash -€88,878
down €88,878 (-53.7%), from €165,499 to €76,621
mainly Contributions, distributions and other (-€215,667) and Trade debts (-€69,570)
- Receivables within one year -€81,687
down €81,687 (-46.8%), from €174,545 to €92,858
of which Other amounts receivable: -€87,509
- Tangible fixed assets +€16,562
up €16,562 (+27.3%), from €60,640 to €77,202
of which Furniture and vehicles: +€18,649
- Deferred charges and accrued income +€8,121
up €8,121 (+69.1%), from €11,758 to €19,879
- Reserves -€209,033
no longer reported in 2025 (was €209,033)
- Other debts +€116,528
new in 2025: €116,528
- Trade debts -€69,570
down €69,570 (-45.8%), from €152,032 to €82,462
- Debts after one year +€11,639
up €11,639 (+39.6%), from €29,365 to €41,003
- Depreciation +€6,037
up €6,037 (+55.8%), from €10,809 to €16,846
- Gross operating margin -€4,883
down €4,883 (-13.1%), from €37,361 to €32,478
- Other operating charges +€3,498
up €3,498 (+176%), from €1,991 to €5,488
- Taxes -€2,915
down €2,915 (-58.8%), from €4,954 to €2,039
- Financial charges +€527
up €527 (+26.2%), from €2,010 to €2,537
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 | €437,043 | €291,160 | -€145,883 | -33.4% |
| Fixed assets | 21/28 | €85,240 | €101,802 | +€16,562 | +19.4% |
| Tangible fixed assets | 22/27 | €60,640 | €77,202 | +€16,562 | +27.3% |
| Land and buildings | 22 | €20,000 | €20,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,903 | €3,725 | -€1,178 | -24.0% |
| Furniture and vehicles | 24 | €29,828 | €48,478 | +€18,649 | +62.5% |
| Other tangible fixed assets | 26 | €5,909 | €5,000 | -€910 | -15.4% |
| Financial fixed assets | 28 | €24,600 | €24,600 | = | 0.0% |
| Current assets | 29/58 | €351,803 | €189,359 | -€162,444 | -46.2% |
| Amounts receivable within one year | 40/41 | €174,545 | €92,858 | -€81,687 | -46.8% |
| Trade receivables | 40 | €80,972 | €86,793 | +€5,821 | +7.2% |
| Other amounts receivable | 41 | €93,574 | €6,065 | -€87,509 | -93.5% |
| Cash at bank and in hand | 54/58 | €165,499 | €76,621 | -€88,878 | -53.7% |
| Deferred charges and accrued income | 490/1 | €11,758 | €19,879 | +€8,121 | +69.1% |
| Total equity and liabilities | 10/49 | €437,043 | €291,160 | -€145,883 | -33.4% |
| Equity | 10/15 | €227,633 | €18,600 | -€209,033 | -91.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €209,033 | - | -€209,033 | |
| Distributable reserves | 133 | €209,033 | - | -€209,033 | |
| Amounts payable | 17/49 | €209,410 | €272,560 | +€63,150 | +30.2% |
| Amounts payable after more than one year | 17 | €29,365 | €41,003 | +€11,639 | +39.6% |
| Financial debts | 170/4 | €29,365 | €41,003 | +€11,639 | +39.6% |
| Amounts payable within one year | 42/48 | €180,046 | €231,557 | +€51,511 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €20,148 | €23,603 | +€3,455 | +17.1% |
| Trade debts | 44 | €152,032 | €82,462 | -€69,570 | -45.8% |
| Suppliers | 440/4 | €152,032 | €82,462 | -€69,570 | -45.8% |
| Taxes, remuneration and social security | 45 | €7,866 | €8,964 | +€1,098 | +14.0% |
| Taxes | 450/3 | €7,866 | €8,964 | +€1,098 | +14.0% |
| Other amounts payable | 47/48 | - | €116,528 | +€116,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,809 | €16,846 | +€6,037 | +55.8% |
| Other operating charges | 640/8 | €1,991 | €5,488 | +€3,498 | +176% |
| Gross operating margin | 9900 | €37,361 | €32,478 | -€4,883 | -13.1% |
| Operating profit (loss) | 9901 | €24,562 | €10,144 | -€14,418 | -58.7% |
| Financial income | 75/76B | €750 | €1,067 | +€317 | +42.2% |
| Recurring financial income | 75 | €750 | €1,067 | +€317 | +42.2% |
| Financial charges | 65/66B | €2,010 | €2,537 | +€527 | +26.2% |
| Recurring financial charges | 65 | €2,010 | €2,537 | +€527 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €23,302 | €8,673 | -€14,628 | -62.8% |
| Income taxes | 67/77 | €4,954 | €2,039 | -€2,915 | -58.8% |
| Profit (loss) for the period | 9904 | €18,348 | €6,634 | -€11,714 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,348 | €6,634 | -€11,714 | -63.8% |
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 15 October 2026 via checked.be.