BOUZITOUN: 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.
BOUZITOUN
Largest movements
- Cash +€15,009
up €15,009 (+375%), from €4,005 to €19,014
mainly Depreciation (+€15,047) and Net result for the year (+€10,836)
- Formation expenses -€7,758
down €7,758 (-32.8%), from €23,675 to €15,917
- Tangible fixed assets -€7,288
down €7,288 (-3.2%), from €224,992 to €217,704
of which Land and buildings: -€5,852
- Financial fixed assets +€6,482
up €6,482 (+541%), from €1,197 to €7,680
- Other debts -€11,746
down €11,746 (-99.3%), from €11,831 to €85
- Profit (loss) carried forward +€10,836
up €10,836, from -€3,141 to €7,695
- Trade debts +€10,767
up €10,767 (+98.8%), from €10,901 to €21,668
- Debts after one year -€8,393
down €8,393 (-4.0%), from €212,031 to €203,638
- Tax, wage and social debts +€6,173
up €6,173 (+96.6%), from €6,390 to €12,563
of which Remuneration and social security: +€5,262
- Purchases and services -€8,329
down €8,329 (-2.9%), from €286,337 to €278,008
- Other operating charges -€7,938
down €7,938 (-64.1%), from €12,388 to €4,451
- Gross operating margin +€3,126
up €3,126 (+4.3%), from €72,504 to €75,630
- Depreciation -€2,800
down €2,800 (-15.7%), from €17,847 to €15,047
- Staff costs +€1,940
up €1,940 (+5.9%), from €33,085 to €35,025
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 | €266,158 | €274,174 | +€8,016 | +3.0% |
| Formation expenses | 20 | €23,675 | €15,917 | -€7,758 | -32.8% |
| Fixed assets | 21/28 | €226,189 | €225,383 | -€806 | -0.4% |
| Tangible fixed assets | 22/27 | €224,992 | €217,704 | -€7,288 | -3.2% |
| Land and buildings | 22 | €223,281 | €217,429 | -€5,852 | -2.6% |
| Plant, machinery and equipment | 23 | €424 | €209 | -€215 | -50.6% |
| Furniture and vehicles | 24 | €1,287 | €65 | -€1,222 | -95.0% |
| Financial fixed assets | 28 | €1,197 | €7,680 | +€6,482 | +541% |
| Current assets | 29/58 | €16,294 | €32,874 | +€16,580 | +102% |
| Amounts receivable within one year | 40/41 | €10,772 | €11,384 | +€612 | +5.7% |
| Trade receivables | 40 | €10,772 | €11,384 | +€612 | +5.7% |
| Cash at bank and in hand | 54/58 | €4,005 | €19,014 | +€15,009 | +375% |
| Deferred charges and accrued income | 490/1 | €1,517 | €2,476 | +€959 | +63.2% |
| Total equity and liabilities | 10/49 | €266,158 | €274,174 | +€8,016 | +3.0% |
| Equity | 10/15 | €15,459 | €26,295 | +€10,836 | +70.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,141 | €7,695 | +€10,836 | |
| Amounts payable | 17/49 | €250,699 | €247,879 | -€2,820 | -1.1% |
| Amounts payable after more than one year | 17 | €212,031 | €203,638 | -€8,393 | -4.0% |
| Financial debts | 170/4 | €212,031 | €203,638 | -€8,393 | -4.0% |
| Amounts payable within one year | 42/48 | €38,668 | €44,241 | +€5,573 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €9,546 | €9,925 | +€379 | +4.0% |
| Trade debts | 44 | €10,901 | €21,668 | +€10,767 | +98.8% |
| Suppliers | 440/4 | €10,901 | €21,668 | +€10,767 | +98.8% |
| Taxes, remuneration and social security | 45 | €6,390 | €12,563 | +€6,173 | +96.6% |
| Taxes | 450/3 | €1,508 | €2,420 | +€911 | +60.4% |
| Remuneration and social security | 454/9 | €4,881 | €10,143 | +€5,262 | +108% |
| Other amounts payable | 47/48 | €11,831 | €85 | -€11,746 | -99.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €286,337 | €278,008 | -€8,329 | -2.9% |
| Remuneration, social security and pensions | 62 | €33,085 | €35,025 | +€1,940 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,847 | €15,047 | -€2,800 | -15.7% |
| Other operating charges | 640/8 | €12,388 | €4,451 | -€7,938 | -64.1% |
| Gross operating margin | 9900 | €72,504 | €75,630 | +€3,126 | +4.3% |
| Operating profit (loss) | 9901 | €9,184 | €21,108 | +€11,924 | +130% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €10,655 | €10,281 | -€375 | -3.5% |
| Recurring financial charges | 65 | €108 | €101 | -€7 | -6.3% |
| Non-recurring financial charges | 66B | €10,547 | €10,180 | -€368 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,472 | €10,836 | +€12,307 | |
| Profit (loss) for the period | 9904 | -€1,472 | €10,836 | +€12,307 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,472 | €10,836 | +€12,307 |
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 14 October 2026 via checked.be.