Bowi-Export: what changed
Two fiscal 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.
Bowi-Export
Largest movements
- Stocks and contracts -€7,556
down €7,556 (-31.7%), from €23,825 to €16,269
- Cash +€1,795
up €1,795 (+12.8%), from €14,049 to €15,844
mainly Stocks and contracts (+€7,556) and Tax, wage and social debts (+€1,397)
- Trade debts -€6,179
down €6,179 (-78.1%), from €7,913 to €1,733
- Debts after one year -€1,474
down €1,474 (-2.3%), from €65,363 to €63,889
- Tax, wage and social debts +€1,397
up €1,397 (+26.3%), from €5,304 to €6,701
- Profit (loss) carried forward +€1,145
up €1,145 (+1.7%), from -€65,568 to -€64,423
- Gross operating margin -€4,358
down €4,358 (-78.4%), from €5,558 to €1,199
- Financial income +€534
up €534 (+154.3%), from €346 to €880
- Taxes -€345
down €345 (-86.1%), from €400 to €55
- Other operating charges -€336
down €336 (-48.7%), from €690 to €354
- Financial charges +€78
up €78 (+17.5%), from €447 to €525
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.
Cash bridge derived
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 | €81,134 | €75,701 | -€5,434 | -6.7% |
| Fixed assets | 21/28 | €9,814 | €10,350 | +€536 | +5.5% |
| Tangible fixed assets | 22/27 | €9,814 | €10,350 | +€536 | +5.5% |
| Plant, machinery and equipment | 23 | €9,814 | €10,350 | +€536 | +5.5% |
| Current assets | 29/58 | €71,320 | €65,351 | -€5,969 | -8.4% |
| Stocks and contracts in progress | 3 | €23,825 | €16,269 | -€7,556 | -31.7% |
| Stocks | 30/36 | €23,825 | €16,269 | -€7,556 | -31.7% |
| Amounts receivable within one year | 40/41 | €1,309 | €1,101 | -€208 | -15.9% |
| Trade receivables | 40 | €1,309 | €1,101 | -€208 | -15.9% |
| Cash at bank and in hand | 54/58 | €14,049 | €15,844 | +€1,795 | +12.8% |
| Deferred charges and accrued income | 490/1 | €32,137 | €32,137 | = | 0.0% |
| Total equity and liabilities | 10/49 | €81,134 | €75,701 | -€5,434 | -6.7% |
| Equity | 10/15 | €2,232 | €3,377 | +€1,145 | +51.3% |
| Contributions | 10/11 | €67,800 | €67,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,568 | -€64,423 | +€1,145 | +1.7% |
| Amounts payable | 17/49 | €78,902 | €72,323 | -€6,579 | -8.3% |
| Amounts payable after more than one year | 17 | €65,363 | €63,889 | -€1,474 | -2.3% |
| Financial debts | 170/4 | €65,363 | €63,889 | -€1,474 | -2.3% |
| Amounts payable within one year | 42/48 | €13,217 | €8,434 | -€4,782 | -36.2% |
| Trade debts | 44 | €7,913 | €1,733 | -€6,179 | -78.1% |
| Suppliers | 440/4 | €7,913 | €1,733 | -€6,179 | -78.1% |
| Taxes, remuneration and social security | 45 | €5,304 | €6,701 | +€1,397 | +26.3% |
| Taxes | 450/3 | €5,304 | €6,701 | +€1,397 | +26.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €322 | €0 | -€322 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €690 | €354 | -€336 | -48.7% |
| Gross operating margin | 9900 | €5,558 | €1,199 | -€4,358 | -78.4% |
| Operating profit (loss) | 9901 | €4,868 | €846 | -€4,022 | -82.6% |
| Financial income | 75/76B | €346 | €880 | +€534 | +154.3% |
| Recurring financial income | 75 | €346 | €880 | +€534 | +154.3% |
| Financial charges | 65/66B | €447 | €525 | +€78 | +17.5% |
| Recurring financial charges | 65 | €447 | €525 | +€78 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €4,767 | €1,201 | -€3,566 | -74.8% |
| Income taxes | 67/77 | €400 | €55 | -€345 | -86.1% |
| Profit (loss) for the period | 9904 | €4,367 | €1,145 | -€3,222 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,367 | €1,145 | -€3,222 | -73.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.