DE BOUWADVISEUR: 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.
DE BOUWADVISEUR
Largest movements
- Receivables after one year +€91,093
up €91,093 (+1,323%), from €6,885 to €97,978
- Cash -€36,906
down €36,906 (-16.5%), from €223,885 to €186,979
mainly Receivables after one year (-€91,093) and Contributions, distributions and other (-€24,051)
- Receivables within one year -€16,229
down €16,229 (-72.0%), from €22,531 to €6,302
of which Other amounts receivable: -€16,030
- Reserves +€37,794
up €37,794 (+17.5%), from €216,469 to €254,263
- Gross operating margin -€3,362
down €3,362 (-3.6%), from €93,361 to €90,000
- Financial income +€2,683
up €2,683 (+137%), from €1,965 to €4,649
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 | €258,631 | €295,885 | +€37,253 | +14.4% |
| Fixed assets | 21/28 | €3,271 | €2,719 | -€552 | -16.9% |
| Tangible fixed assets | 22/27 | €3,271 | €2,719 | -€552 | -16.9% |
| Plant, machinery and equipment | 23 | €2,059 | €2,218 | +€158 | +7.7% |
| Furniture and vehicles | 24 | €1,212 | €502 | -€710 | -58.6% |
| Current assets | 29/58 | €255,360 | €293,165 | +€37,805 | +14.8% |
| Amounts receivable after more than one year | 29 | €6,885 | €97,978 | +€91,093 | +1,323% |
| Other amounts receivable | 291 | €6,885 | €97,978 | +€91,093 | +1,323% |
| Amounts receivable within one year | 40/41 | €22,531 | €6,302 | -€16,229 | -72.0% |
| Trade receivables | 40 | €2,577 | €2,378 | -€200 | -7.7% |
| Other amounts receivable | 41 | €19,954 | €3,924 | -€16,030 | -80.3% |
| Cash at bank and in hand | 54/58 | €223,885 | €186,979 | -€36,906 | -16.5% |
| Deferred charges and accrued income | 490/1 | €2,059 | €1,907 | -€152 | -7.4% |
| Total equity and liabilities | 10/49 | €258,631 | €295,885 | +€37,253 | +14.4% |
| Equity | 10/15 | €235,019 | €272,813 | +€37,794 | +16.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €216,469 | €254,263 | +€37,794 | +17.5% |
| Distributable reserves | 133 | €216,469 | €254,263 | +€37,794 | +17.5% |
| Amounts payable | 17/49 | €23,612 | €23,072 | -€540 | -2.3% |
| Amounts payable within one year | 42/48 | €23,455 | €23,037 | -€418 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €6,760 | €6,735 | -€24 | -0.4% |
| Trade debts | 44 | €390 | €698 | +€308 | +79.0% |
| Suppliers | 440/4 | €390 | €698 | +€308 | +79.0% |
| Taxes, remuneration and social security | 45 | €16,306 | €15,604 | -€702 | -4.3% |
| Taxes | 450/3 | €16,306 | €15,604 | -€702 | -4.3% |
| Accrued charges and deferred income | 492/3 | €157 | €35 | -€123 | -78.0% |
| Non-recurring operating income | 76A | €3,141 | €133 | -€3,008 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,093 | €1,613 | -€480 | -22.9% |
| Other operating charges | 640/8 | €749 | €610 | -€140 | -18.6% |
| Gross operating margin | 9900 | €93,361 | €90,000 | -€3,362 | -3.6% |
| Operating profit (loss) | 9901 | €90,519 | €87,777 | -€2,742 | -3.0% |
| Financial income | 75/76B | €1,965 | €4,649 | +€2,683 | +137% |
| Recurring financial income | 75 | €1,965 | €4,649 | +€2,683 | +137% |
| Financial charges | 65/66B | €654 | €527 | -€127 | -19.5% |
| Recurring financial charges | 65 | €654 | €527 | -€127 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €91,830 | €91,899 | +€69 | +0.1% |
| Income taxes | 67/77 | €30,158 | €30,054 | -€104 | -0.3% |
| Profit (loss) for the period | 9904 | €61,671 | €61,845 | +€173 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,671 | €61,845 | +€173 | +0.3% |
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 28 October 2026 via checked.be.