BOWIE MANAGEMENT: 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.
BOWIE MANAGEMENT
Largest movements
- Cash -€2,621
down €2,621 (-77.3%), from €3,391 to €770
mainly Debts after one year (-€13,175) and Net result for the year (-€4,250)
- Other debts +€14,000
up €14,000 (+87.0%), from €16,088 to €30,088
- Debts after one year -€13,175
down €13,175 (-31.8%), from €41,375 to €28,200
- Profit (loss) carried forward -€4,250
down €4,250 (-93.1%), from -€4,564 to -€8,814
- Financial charges -€911
down €911 (-28.2%), from €3,227 to €2,316
- Gross operating margin -€659
down €659 (-51.7%), from -€1,275 to -€1,934
- Other operating charges -€62
no longer reported in 2025 (was €62)
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 | €70,493 | €67,960 | -€2,533 | -3.6% |
| Fixed assets | 21/28 | €67,012 | €67,012 | = | 0.0% |
| Financial fixed assets | 28 | €67,012 | €67,012 | = | 0.0% |
| Current assets | 29/58 | €3,482 | €949 | -€2,533 | -72.8% |
| Amounts receivable within one year | 40/41 | €91 | €178 | +€87 | +96.1% |
| Other amounts receivable | 41 | €91 | €178 | +€87 | +96.1% |
| Cash at bank and in hand | 54/58 | €3,391 | €770 | -€2,621 | -77.3% |
| Total equity and liabilities | 10/49 | €70,493 | €67,960 | -€2,533 | -3.6% |
| Equity | 10/15 | €436 | -€3,814 | -€4,250 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,564 | -€8,814 | -€4,250 | -93.1% |
| Amounts payable | 17/49 | €70,058 | €71,774 | +€1,717 | +2.5% |
| Amounts payable after more than one year | 17 | €41,375 | €28,200 | -€13,175 | -31.8% |
| Financial debts | 170/4 | €41,375 | €28,200 | -€13,175 | -31.8% |
| Amounts payable within one year | 42/48 | €28,682 | €43,574 | +€14,892 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €12,594 | €13,175 | +€581 | +4.6% |
| Trade debts | 44 | - | €311 | +€311 | |
| Suppliers | 440/4 | - | €311 | +€311 | |
| Other amounts payable | 47/48 | €16,088 | €30,088 | +€14,000 | +87.0% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | -€1,275 | -€1,934 | -€659 | -51.7% |
| Operating profit (loss) | 9901 | -€1,337 | -€1,934 | -€597 | -44.7% |
| Financial charges | 65/66B | €3,227 | €2,316 | -€911 | -28.2% |
| Recurring financial charges | 65 | €3,227 | €2,316 | -€911 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,564 | -€4,250 | +€314 | +6.9% |
| Profit (loss) for the period | 9904 | -€4,564 | -€4,250 | +€314 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,564 | -€4,250 | +€314 | +6.9% |
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.