DE BOUWCOACH: 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 BOUWCOACH
Largest movements
- Current investments -€831,793
down €831,793 (-90.7%), from €916,643 to €84,850
- Cash +€473,984
up €473,984 (+217%), from €217,949 to €691,933
mainly Current investments (+€831,793) and Net result for the year (+€440,579)
- Tangible fixed assets +€316,570
up €316,570 (+1,007%), from €31,433 to €348,003
of which Land and buildings: +€273,835
- Receivables within one year -€37,069
down €37,069 (-78.2%), from €47,388 to €10,318
of which Trade receivables: -€37,099
- Tax, wage and social debts -€124,665
down €124,665 (-65.1%), from €191,485 to €66,820
- Reserves +€40,579
up €40,579 (+4.1%), from €984,060 to €1.0m
- Trade debts +€18,319
up €18,319 (+331%), from €5,539 to €23,859
- Gross operating margin +€34,630
up €34,630 (+6.3%), from €548,534 to €583,164
- Taxes +€10,033
up €10,033 (+7.6%), from €131,348 to €141,380
- Financial income +€9,128
up €9,128 (+253%), from €3,604 to €12,732
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 | €1,214,913 | €1,135,104 | -€79,809 | -6.6% |
| Fixed assets | 21/28 | €31,433 | €348,003 | +€316,570 | +1,007% |
| Tangible fixed assets | 22/27 | €31,433 | €348,003 | +€316,570 | +1,007% |
| Land and buildings | 22 | €1,800 | €275,635 | +€273,835 | +15,212% |
| Plant, machinery and equipment | 23 | €394 | €239 | -€156 | -39.5% |
| Furniture and vehicles | 24 | €29,239 | €72,130 | +€42,891 | +147% |
| Current assets | 29/58 | €1,183,480 | €787,101 | -€396,379 | -33.5% |
| Stocks and contracts in progress | 3 | €1,500 | €0 | -€1,500 | -100% |
| Stocks | 30/36 | €1,500 | €0 | -€1,500 | -100% |
| Amounts receivable within one year | 40/41 | €47,388 | €10,318 | -€37,069 | -78.2% |
| Trade receivables | 40 | €47,383 | €10,284 | -€37,099 | -78.3% |
| Other amounts receivable | 41 | €4 | €34 | +€30 | +670% |
| Current investments | 50/53 | €916,643 | €84,850 | -€831,793 | -90.7% |
| Cash at bank and in hand | 54/58 | €217,949 | €691,933 | +€473,984 | +217% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,214,913 | €1,135,104 | -€79,809 | -6.6% |
| Equity | 10/15 | €986,060 | €1,026,639 | +€40,579 | +4.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €984,060 | €1,024,639 | +€40,579 | +4.1% |
| Distributable reserves | 133 | €984,060 | €1,024,639 | +€40,579 | +4.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €228,854 | €108,465 | -€120,389 | -52.6% |
| Amounts payable after more than one year | 17 | €8,841 | €150 | -€8,691 | -98.3% |
| Financial debts | 170/4 | €8,691 | €0 | -€8,691 | -100% |
| Other amounts payable | 178/9 | €150 | €150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €220,013 | €108,315 | -€111,698 | -50.8% |
| Current portion of amounts payable after more than one year | 42 | €8,329 | €0 | -€8,329 | -100% |
| Trade debts | 44 | €5,539 | €23,859 | +€18,319 | +331% |
| Suppliers | 440/4 | €5,539 | €23,859 | +€18,319 | +331% |
| Taxes, remuneration and social security | 45 | €191,485 | €66,820 | -€124,665 | -65.1% |
| Taxes | 450/3 | €191,485 | €66,820 | -€124,665 | -65.1% |
| Other amounts payable | 47/48 | €14,659 | €17,636 | +€2,977 | +20.3% |
| Non-recurring operating income | 76A | €22,818 | €0 | -€22,818 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,263 | €9,332 | -€930 | -9.1% |
| Other operating charges | 640/8 | €3,376 | €2,164 | -€1,212 | -35.9% |
| Gross operating margin | 9900 | €548,534 | €583,164 | +€34,630 | +6.3% |
| Operating profit (loss) | 9901 | €534,895 | €571,668 | +€36,773 | +6.9% |
| Financial income | 75/76B | €3,604 | €12,732 | +€9,128 | +253% |
| Recurring financial income | 75 | €3,604 | €12,732 | +€9,128 | +253% |
| Financial charges | 65/66B | €1,418 | €2,440 | +€1,022 | +72.1% |
| Recurring financial charges | 65 | €1,418 | €2,440 | +€1,022 | +72.1% |
| Profit (loss) for the period before taxes | 9903 | €537,081 | €581,960 | +€44,879 | +8.4% |
| Income taxes | 67/77 | €131,348 | €141,380 | +€10,033 | +7.6% |
| Profit (loss) for the period | 9904 | €405,733 | €440,579 | +€34,846 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €405,733 | €440,579 | +€34,846 | +8.6% |
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 29 October 2026 via checked.be.