Dr. G. BOUILLE: what changed
Dr. G. BOUILLE
Largest movements
- Financial fixed assets +€339,695
up €339,695 (+133%), from €255,756 to €595,450
- Cash -€187,074
down €187,074 (-45.3%), from €412,549 to €225,476
mainly Investment in fixed assets (net) (-€339,695) and Other debts (-€5,000)
- Tangible fixed assets -€15,831
down €15,831 (-33.8%), from €46,803 to €30,972
of which Furniture and vehicles: -€10,484
- Reserves +€100,758
up €100,758 (+12.3%), from €817,211 to €917,969
of which Non-distributable reserves: +€100,758
- Tax, wage and social debts +€40,404
up €40,404 (+145%), from €27,925 to €68,329
- Financial income +€22,038
up €22,038 (+1,306%), from €1,688 to €23,726
of which Non-recurring financial income: +€12,953
- Taxes +€15,711
up €15,711 (+44.4%), from €35,425 to €51,136
- Gross operating margin -€12,404
down €12,404 (-7.7%), from €160,243 to €147,839
- Other operating charges -€4,152
down €4,152 (-60.9%), from €6,818 to €2,666
- Depreciation -€2,281
down €2,281 (-12.6%), from €18,112 to €15,831
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €868,736 | €1,004,898 | +€136,162 | +15.7% |
| Fixed assets | 21/28 | €302,559 | €626,422 | +€323,864 | +107% |
| Tangible fixed assets | 22/27 | €46,803 | €30,972 | -€15,831 | -33.8% |
| Land and buildings | 22 | €15,671 | €10,324 | -€5,347 | -34.1% |
| Furniture and vehicles | 24 | €31,132 | €20,647 | -€10,484 | -33.7% |
| Financial fixed assets | 28 | €255,756 | €595,450 | +€339,695 | +133% |
| Current assets | 29/58 | €566,177 | €378,476 | -€187,702 | -33.2% |
| Current investments | 50/53 | €153,000 | €153,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €412,549 | €225,476 | -€187,074 | -45.3% |
| Deferred charges and accrued income | 490/1 | €628 | €0 | -€628 | -100% |
| Total equity and liabilities | 10/49 | €868,736 | €1,004,898 | +€136,162 | +15.7% |
| Equity | 10/15 | €835,811 | €936,569 | +€100,758 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €817,211 | €917,969 | +€100,758 | +12.3% |
| Non-distributable reserves | 130/1 | €451,997 | €552,755 | +€100,758 | +22.3% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €450,137 | €550,895 | +€100,758 | +22.4% |
| Tax-exempt reserves | 132 | €26,250 | €26,250 | = | 0.0% |
| Distributable reserves | 133 | €338,964 | €338,964 | = | 0.0% |
| Amounts payable | 17/49 | €32,925 | €68,329 | +€35,404 | +108% |
| Amounts payable within one year | 42/48 | €32,925 | €68,329 | +€35,404 | +108% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €27,925 | €68,329 | +€40,404 | +145% |
| Taxes | 450/3 | €27,925 | €68,329 | +€40,404 | +145% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,112 | €15,831 | -€2,281 | -12.6% |
| Other operating charges | 640/8 | €6,818 | €2,666 | -€4,152 | -60.9% |
| Gross operating margin | 9900 | €160,243 | €147,839 | -€12,404 | -7.7% |
| Operating profit (loss) | 9901 | €135,314 | €129,342 | -€5,972 | -4.4% |
| Financial income | 75/76B | €1,688 | €23,726 | +€22,038 | +1,306% |
| Recurring financial income | 75 | €1,688 | €10,773 | +€9,085 | +538% |
| Non-recurring financial income | 76B | - | €12,953 | +€12,953 | |
| Financial charges | 65/66B | €1,043 | €1,174 | +€131 | +12.5% |
| Recurring financial charges | 65 | €1,043 | €1,174 | +€131 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €135,958 | €151,894 | +€15,936 | +11.7% |
| Income taxes | 67/77 | €35,425 | €51,136 | +€15,711 | +44.4% |
| Profit (loss) for the period | 9904 | €100,534 | €100,758 | +€225 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,534 | €100,758 | +€225 | +0.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.