BOWEYCO: 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.
BOWEYCO
Largest movements
- Current investments +€10,000
up €10,000 (+40.0%), from €25,000 to €35,000
- Tangible fixed assets -€9,676
down €9,676 (-19.0%), from €51,001 to €41,325
of which Furniture and vehicles: -€8,149
- Receivables within one year +€5,286
up €5,286 (+57.6%), from €9,183 to €14,469
of which Other amounts receivable: +€3,199
- Reserves +€12,345
up €12,345 (+15.5%), from €79,683 to €92,028
- Other debts -€4,895
down €4,895 (-28.1%), from €17,389 to €12,495
- Gross operating margin -€4,874
down €4,874 (-12.6%), from €38,666 to €33,792
- Taxes -€2,236
down €2,236 (-27.0%), from €8,292 to €6,055
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 | €119,920 | €127,092 | +€7,172 | +6.0% |
| Fixed assets | 21/28 | €51,001 | €41,325 | -€9,676 | -19.0% |
| Tangible fixed assets | 22/27 | €51,001 | €41,325 | -€9,676 | -19.0% |
| Plant, machinery and equipment | 23 | €2,887 | €1,360 | -€1,527 | -52.9% |
| Furniture and vehicles | 24 | €48,115 | €39,965 | -€8,149 | -16.9% |
| Current assets | 29/58 | €68,919 | €85,767 | +€16,849 | +24.4% |
| Amounts receivable within one year | 40/41 | €9,183 | €14,469 | +€5,286 | +57.6% |
| Trade receivables | 40 | €7,195 | €9,282 | +€2,087 | +29.0% |
| Other amounts receivable | 41 | €1,988 | €5,186 | +€3,199 | +161% |
| Current investments | 50/53 | €25,000 | €35,000 | +€10,000 | +40.0% |
| Cash at bank and in hand | 54/58 | €29,494 | €30,188 | +€695 | +2.4% |
| Deferred charges and accrued income | 490/1 | €5,242 | €6,110 | +€868 | +16.6% |
| Total equity and liabilities | 10/49 | €119,920 | €127,092 | +€7,172 | +6.0% |
| Equity | 10/15 | €98,283 | €110,628 | +€12,345 | +12.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €79,683 | €92,028 | +€12,345 | +15.5% |
| Distributable reserves | 133 | €79,683 | €92,028 | +€12,345 | +15.5% |
| Amounts payable | 17/49 | €21,637 | €16,465 | -€5,173 | -23.9% |
| Amounts payable within one year | 42/48 | €21,502 | €16,465 | -€5,038 | -23.4% |
| Trade debts | 44 | €128 | €210 | +€82 | +64.2% |
| Suppliers | 440/4 | €128 | €210 | +€82 | +64.2% |
| Taxes, remuneration and social security | 45 | €3,985 | €3,760 | -€225 | -5.7% |
| Taxes | 450/3 | €3,985 | €3,760 | -€225 | -5.7% |
| Other amounts payable | 47/48 | €17,389 | €12,495 | -€4,895 | -28.1% |
| Accrued charges and deferred income | 492/3 | €135 | - | -€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,019 | €10,761 | -€258 | -2.3% |
| Other operating charges | 640/8 | €276 | €304 | +€29 | +10.4% |
| Gross operating margin | 9900 | €38,666 | €33,792 | -€4,874 | -12.6% |
| Operating profit (loss) | 9901 | €27,372 | €22,726 | -€4,645 | -17.0% |
| Financial income | 75/76B | €932 | €806 | -€126 | -13.5% |
| Recurring financial income | 75 | €932 | €806 | -€126 | -13.5% |
| Financial charges | 65/66B | €199 | €132 | -€67 | -33.6% |
| Recurring financial charges | 65 | €199 | €132 | -€67 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €28,105 | €23,401 | -€4,704 | -16.7% |
| Income taxes | 67/77 | €8,292 | €6,055 | -€2,236 | -27.0% |
| Profit (loss) for the period | 9904 | €19,813 | €17,345 | -€2,468 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,813 | €17,345 | -€2,468 | -12.5% |
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 18 October 2026 via checked.be.