BOWYKA: 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.
BOWYKA
Largest movements
- Cash +€16,450
up €16,450 (+204.8%), from €8,032 to €24,482
mainly Depreciation (+€12,987) and Accrued charges and deferred income (+€6,787)
- Tangible fixed assets -€10,849
down €10,849 (-5.6%), from €193,456 to €182,608
of which Furniture and vehicles: -€7,167
- Receivables within one year -€6,388
down €6,388 (-45.4%), from €14,061 to €7,673
of which Trade receivables: -€3,722
- Other debts -€10,924
down €10,924 (-18.5%), from €58,956 to €48,032
- Accrued charges and deferred income +€6,787
up €6,787 (+612.2%), from €1,109 to €7,895
- Trade debts +€6,533
up €6,533 (+769.9%), from €849 to €7,381
- Tax, wage and social debts -€2,277
down €2,277 (-70.7%), from €3,219 to €943
- Gross operating margin -€12,739
down €12,739 (-42.3%), from €30,093 to €17,354
- Other operating charges -€7,700
down €7,700 (-71.7%), from €10,731 to €3,032
- Depreciation +€5,823
up €5,823 (+81.3%), from €7,164 to €12,987
- Taxes -€4,274
down €4,274, from €3,204 to -€1,070
- Financial charges +€2,637
up €2,637 (+223.5%), from €1,180 to €3,817
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 | €218,115 | €216,962 | -€1,153 | -0.5% |
| Fixed assets | 21/28 | €193,456 | €182,608 | -€10,849 | -5.6% |
| Tangible fixed assets | 22/27 | €193,456 | €182,608 | -€10,849 | -5.6% |
| Land and buildings | 22 | €146,497 | €142,901 | -€3,596 | -2.5% |
| Plant, machinery and equipment | 23 | €1,671 | €1,585 | -€86 | -5.1% |
| Furniture and vehicles | 24 | €45,289 | €38,122 | -€7,167 | -15.8% |
| Current assets | 29/58 | €24,659 | €34,354 | +€9,695 | +39.3% |
| Amounts receivable within one year | 40/41 | €14,061 | €7,673 | -€6,388 | -45.4% |
| Trade receivables | 40 | €11,395 | €7,673 | -€3,722 | -32.7% |
| Other amounts receivable | 41 | €2,666 | €0 | -€2,666 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,032 | €24,482 | +€16,450 | +204.8% |
| Deferred charges and accrued income | 490/1 | €2,566 | €2,199 | -€367 | -14.3% |
| Total equity and liabilities | 10/49 | €218,115 | €216,962 | -€1,153 | -0.5% |
| Equity | 10/15 | €153,982 | €152,710 | -€1,272 | -0.8% |
| Contributions | 10/11 | €119,072 | €119,072 | = | 0.0% |
| Reserves | 13 | €20,896 | €20,896 | = | 0.0% |
| Distributable reserves | 133 | €20,896 | €20,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,014 | €12,742 | -€1,272 | -9.1% |
| Amounts payable | 17/49 | €64,133 | €64,252 | +€119 | +0.2% |
| Amounts payable within one year | 42/48 | €63,024 | €56,356 | -€6,668 | -10.6% |
| Trade debts | 44 | €849 | €7,381 | +€6,533 | +769.9% |
| Suppliers | 440/4 | €849 | €7,381 | +€6,533 | +769.9% |
| Taxes, remuneration and social security | 45 | €3,219 | €943 | -€2,277 | -70.7% |
| Taxes | 450/3 | €3,219 | €943 | -€2,277 | -70.7% |
| Other amounts payable | 47/48 | €58,956 | €48,032 | -€10,924 | -18.5% |
| Accrued charges and deferred income | 492/3 | €1,109 | €7,895 | +€6,787 | +612.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,164 | €12,987 | +€5,823 | +81.3% |
| Other operating charges | 640/8 | €10,731 | €3,032 | -€7,700 | -71.7% |
| Gross operating margin | 9900 | €30,093 | €17,354 | -€12,739 | -42.3% |
| Operating profit (loss) | 9901 | €12,198 | €1,336 | -€10,862 | -89.0% |
| Financial income | 75/76B | - | €139 | +€139 | |
| Recurring financial income | 75 | - | €139 | +€139 | |
| Financial charges | 65/66B | €1,180 | €3,817 | +€2,637 | +223.5% |
| Recurring financial charges | 65 | €1,180 | €3,817 | +€2,637 | +223.5% |
| Profit (loss) for the period before taxes | 9903 | €11,018 | -€2,342 | -€13,360 | |
| Income taxes | 67/77 | €3,204 | -€1,070 | -€4,274 | |
| Profit (loss) for the period | 9904 | €7,814 | -€1,272 | -€9,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,814 | -€1,272 | -€9,086 |
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 3 October 2026 via checked.be.