BOUZIANE: 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.
BOUZIANE
Largest movements
- Receivables within one year -€30,352
down €30,352 (-85.0%), from €35,697 to €5,345
of which Trade receivables: -€34,673
- Tangible fixed assets -€26,739
down €26,739 (-94.3%), from €28,351 to €1,612
of which Land and buildings: -€28,351
- Stocks and contracts +€4,654
up €4,654 (+37.0%), from €12,593 to €17,246
- Cash -€1,884
down €1,884 (-4.6%), from €40,696 to €38,812
- Tax, wage and social debts -€28,615
no longer reported in 2025 (was €28,615)
- Profit (loss) carried forward -€16,728
down €16,728 (-40.7%), from €41,073 to €24,344
- Trade debts -€8,978
down €8,978 (-33.2%), from €27,081 to €18,103
- Purchases and services -€717,567
no longer reported in 2025 (was €717,567)
- Staff costs -€78,026
down €78,026 (-51.1%), from €152,545 to €74,519
- Gross operating margin -€56,853
down €56,853 (-37.5%), from €151,692 to €94,839
- Other operating charges +€7,562
up €7,562 (+531%), from €1,425 to €8,987
- Depreciation +€1,612
new in 2025: €1,612
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,337 | €63,016 | -€54,321 | -46.3% |
| Fixed assets | 21/28 | €28,351 | €1,612 | -€26,739 | -94.3% |
| Tangible fixed assets | 22/27 | €28,351 | €1,612 | -€26,739 | -94.3% |
| Land and buildings | 22 | €28,351 | - | -€28,351 | |
| Furniture and vehicles | 24 | - | €1,612 | +€1,612 | |
| Current assets | 29/58 | €88,986 | €61,404 | -€27,582 | -31.0% |
| Stocks and contracts in progress | 3 | €12,593 | €17,246 | +€4,654 | +37.0% |
| Stocks | 30/36 | €12,593 | €17,246 | +€4,654 | +37.0% |
| Amounts receivable within one year | 40/41 | €35,697 | €5,345 | -€30,352 | -85.0% |
| Trade receivables | 40 | €35,697 | €1,024 | -€34,673 | -97.1% |
| Other amounts receivable | 41 | - | €4,321 | +€4,321 | |
| Cash at bank and in hand | 54/58 | €40,696 | €38,812 | -€1,884 | -4.6% |
| Total equity and liabilities | 10/49 | €117,337 | €63,016 | -€54,321 | -46.3% |
| Equity | 10/15 | €61,641 | €44,913 | -€16,728 | -27.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,976 | €1,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,976 | €1,976 | = | 0.0% |
| Legal reserve | 130 | €1,976 | - | -€1,976 | |
| Reserves not available under the articles | 1311 | - | €1,976 | +€1,976 | |
| Profit (loss) carried forward | 14 | €41,073 | €24,344 | -€16,728 | -40.7% |
| Amounts payable | 17/49 | €55,696 | €18,103 | -€37,593 | -67.5% |
| Amounts payable within one year | 42/48 | €55,696 | €18,103 | -€37,593 | -67.5% |
| Trade debts | 44 | €27,081 | €18,103 | -€8,978 | -33.2% |
| Suppliers | 440/4 | €27,081 | €18,103 | -€8,978 | -33.2% |
| Taxes, remuneration and social security | 45 | €28,615 | - | -€28,615 | |
| Remuneration and social security | 454/9 | €28,615 | - | -€28,615 | |
| Goods, raw materials, services and sundry goods | 60/61 | €717,567 | - | -€717,567 | |
| Remuneration, social security and pensions | 62 | €152,545 | €74,519 | -€78,026 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,612 | +€1,612 | |
| Other operating charges | 640/8 | €1,425 | €8,987 | +€7,562 | +531% |
| Gross operating margin | 9900 | €151,692 | €94,839 | -€56,853 | -37.5% |
| Operating profit (loss) | 9901 | -€2,277 | €9,721 | +€11,998 | |
| Financial charges | 65/66B | €422 | €254 | -€169 | -39.9% |
| Recurring financial charges | 65 | €422 | €254 | -€169 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,699 | €9,467 | +€12,167 | |
| Profit (loss) for the period | 9904 | -€2,699 | €9,467 | +€12,167 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,699 | €9,467 | +€12,167 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.