Bowson: 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.
Bowson
Largest movements
- Stocks and contracts +€419,000
up €419,000 (+40792.9%), from €1,027 to €420,027
- Cash -€69,163
down €69,163 (-99.0%), from €69,846 to €683
mainly Stocks and contracts (-€419,000) and Current portion of long-term debt (-€69,100)
- Receivables within one year +€18,175
up €18,175 (+115.0%), from €15,805 to €33,980
of which Other amounts receivable: +€19,205
- Tangible fixed assets -€6,606
down €6,606 (-92.8%), from €7,115 to €509
of which Furniture and vehicles: -€5,485
- Debts after one year +€360,025
up €360,025 (+236.6%), from €152,169 to €512,195
- Current portion of long-term debt -€69,100
down €69,100 (-96.0%), from €71,943 to €2,843
- Trade debts +€57,029
up €57,029 (+7666.7%), from €744 to €57,772
- Short-term financial debts +€24,680
new in 2024: €24,680
- Profit (loss) carried forward +€8,246
up €8,246 (+4.8%), from -€173,548 to -€165,302
- Financial charges -€79,018
down €79,018 (-81.1%), from €97,467 to €18,450
of which Non-recurring financial charges: -€89,157
- Turnover -€26,669
no longer reported in 2024 (was €26,669)
- Gross operating margin +€25,834
up €25,834 (+2559.0%), from €1,010 to €26,844
- Purchases and services -€25,660
no longer reported in 2024 (was €25,660)
- Depreciation -€5,646
down €5,646 (-94.8%), from €5,956 to €310
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,193 | €455,199 | +€361,006 | +383.3% |
| Fixed assets | 21/28 | €7,115 | €509 | -€6,606 | -92.8% |
| Tangible fixed assets | 22/27 | €7,115 | €509 | -€6,606 | -92.8% |
| Plant, machinery and equipment | 23 | €1,630 | €509 | -€1,121 | -68.8% |
| Furniture and vehicles | 24 | €5,485 | - | -€5,485 | |
| Current assets | 29/58 | €87,078 | €454,690 | +€367,612 | +422.2% |
| Stocks and contracts in progress | 3 | €1,027 | €420,027 | +€419,000 | +40792.9% |
| Stocks | 30/36 | €1,027 | €420,027 | +€419,000 | +40792.9% |
| Amounts receivable within one year | 40/41 | €15,805 | €33,980 | +€18,175 | +115.0% |
| Trade receivables | 40 | €15,805 | €14,775 | -€1,030 | -6.5% |
| Other amounts receivable | 41 | - | €19,205 | +€19,205 | |
| Cash at bank and in hand | 54/58 | €69,846 | €683 | -€69,163 | -99.0% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €94,193 | €455,199 | +€361,006 | +383.3% |
| Equity | 10/15 | -€153,548 | -€145,302 | +€8,246 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,548 | -€165,302 | +€8,246 | +4.8% |
| Amounts payable | 17/49 | €247,741 | €600,501 | +€352,760 | +142.4% |
| Amounts payable after more than one year | 17 | €152,169 | €512,195 | +€360,025 | +236.6% |
| Financial debts | 170/4 | €152,169 | €512,195 | +€360,025 | +236.6% |
| Amounts payable within one year | 42/48 | €87,663 | €88,307 | +€644 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €71,943 | €2,843 | -€69,100 | -96.0% |
| Financial debts | 43 | - | €24,680 | +€24,680 | |
| Credit institutions | 430/8 | - | €24,680 | +€24,680 | |
| Trade debts | 44 | €744 | €57,772 | +€57,029 | +7666.7% |
| Suppliers | 440/4 | €744 | €57,772 | +€57,029 | +7666.7% |
| Advances received on contracts in progress | 46 | €3,334 | - | -€3,334 | |
| Taxes, remuneration and social security | 45 | €4,187 | €3,012 | -€1,175 | -28.1% |
| Taxes | 450/3 | €4,187 | €3,012 | -€1,175 | -28.1% |
| Other amounts payable | 47/48 | €7,454 | - | -€7,454 | |
| Accrued charges and deferred income | 492/3 | €7,910 | - | -€7,910 | |
| Turnover | 70 | €26,669 | - | -€26,669 | |
| Goods, raw materials, services and sundry goods | 60/61 | €25,660 | - | -€25,660 | |
| Remuneration, social security and pensions | 62 | €140 | - | -€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,956 | €310 | -€5,646 | -94.8% |
| Other operating charges | 640/8 | €975 | €736 | -€238 | -24.5% |
| Gross operating margin | 9900 | €1,010 | €26,844 | +€25,834 | +2559.0% |
| Operating profit (loss) | 9901 | -€6,060 | €25,798 | +€31,858 | |
| Financial income | 75/76B | - | €1,034 | +€1,034 | |
| Recurring financial income | 75 | - | €1,034 | +€1,034 | |
| Financial charges | 65/66B | €97,467 | €18,450 | -€79,018 | -81.1% |
| Recurring financial charges | 65 | €8,310 | €18,450 | +€10,140 | +122.0% |
| Non-recurring financial charges | 66B | €89,157 | - | -€89,157 | |
| Profit (loss) for the period before taxes | 9903 | -€103,528 | €8,382 | +€111,909 | |
| Income taxes | 67/77 | €1,110 | €136 | -€974 | -87.8% |
| Profit (loss) for the period | 9904 | -€104,637 | €8,246 | +€112,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€104,637 | €8,246 | +€112,884 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.