DRIES BOSSUYT: what changed
What changed
DRIES BOSSUYT
NACE 35.120, Electricity, gas, steam and air conditioning supply
filed annual accounts (NBB)
Net result for the year
€198,437
2024 · €275,343-€76,906
Equity
€2.3m
2024 · €2.1m+€198,437
Cash
€349,755
2024 · €77,349+€272,406
Balance sheet total
€3.4m
2024 · €3.4m-€17,234
Largest movements
Assets
- Cash +€272,406
up €272,406 (+352%), from €77,349 to €349,755
mainly Depreciation (+€291,789) and Net result for the year (+€198,437)
- Receivables within one year -€169,798
down €169,798 (-35.8%), from €474,826 to €305,029
of which Trade receivables: -€199,809
- Deferred charges and accrued income -€60,632
down €60,632 (-98.9%), from €61,280 to €649
- Tangible fixed assets -€48,964
down €48,964 (-1.9%), from €2.5m to €2.5m
of which Plant, machinery and equipment: -€128,379
Equity and liabilities
- Reserves +€195,000
up €195,000 (+11.3%), from €1.7m to €1.9m
of which Distributable reserves: +€195,000
- Debts after one year -€155,024
down €155,024 (-16.6%), from €932,199 to €777,175
- Trade debts -€38,486
down €38,486 (-80.5%), from €47,833 to €9,347
Income statement
- Gross operating margin -€145,074
down €145,074 (-18.8%), from €772,817 to €627,744
- Taxes -€37,312
down €37,312 (-29.7%), from €125,693 to €88,381
- Financial charges -€26,028
down €26,028 (-44.1%), from €59,049 to €33,021
- Depreciation +€11,421
up €11,421 (+4.1%), from €280,368 to €291,789
- Financial income +€9,715
up €9,715 (+92.8%), from €10,474 to €20,189
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.
Result 2024
€275,343
Gross operating margin
-€145,074
Staff costs
+€3,360
Depreciation
-€11,421
Write-downs
+€4,587
Other operating charges
+€2,508
Other operating items
-€3,922
Financial income
+€9,715
Financial charges
+€26,028
Taxes
+€37,312
Result 2025
€198,437
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€653,895
Investment
-€232,579
Financing
-€148,910
Cash 2024
€77,349
From operations (derived)
+€653,895
Net result for the year
+€198,437
Depreciation
+€291,789
Receivables within one year
+€169,798
Deferred charges and accrued income
+€60,632
Provisions
+€2,054
Trade debts
-€38,486
Tax, wage and social debts
-€21,140
Accrued charges and deferred income
-€9,191
Investment (derived)
-€232,579
Investment in fixed assets (net)
-€232,579
Financing
-€148,910
Debts after one year
-€155,024
Current portion of long-term debt
+€6,113
Cash 2025
€349,755
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,384,363 | €3,367,129 | -€17,234 | -0.5% |
| Fixed assets | 21/28 | €2,769,171 | €2,709,961 | -€59,210 | -2.1% |
| Intangible fixed assets | 21 | €10,246 | - | -€10,246 | |
| Tangible fixed assets | 22/27 | €2,526,826 | €2,477,862 | -€48,964 | -1.9% |
| Land and buildings | 22 | €1,615,128 | €1,701,342 | +€86,215 | +5.3% |
| Plant, machinery and equipment | 23 | €900,367 | €771,988 | -€128,379 | -14.3% |
| Furniture and vehicles | 24 | €11,332 | €4,532 | -€6,800 | -60.0% |
| Financial fixed assets | 28 | €232,099 | €232,099 | = | 0.0% |
| Current assets | 29/58 | €615,191 | €657,168 | +€41,976 | +6.8% |
| Amounts receivable within one year | 40/41 | €474,826 | €305,029 | -€169,798 | -35.8% |
| Trade receivables | 40 | €262,644 | €62,835 | -€199,809 | -76.1% |
| Other amounts receivable | 41 | €212,183 | €242,194 | +€30,011 | +14.1% |
| Current investments | 50/53 | €1,735 | €1,735 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €77,349 | €349,755 | +€272,406 | +352% |
| Deferred charges and accrued income | 490/1 | €61,280 | €649 | -€60,632 | -98.9% |
| Total equity and liabilities | 10/49 | €3,384,363 | €3,367,129 | -€17,234 | -0.5% |
| Equity | 10/15 | €2,082,011 | €2,280,448 | +€198,437 | +9.5% |
| Contributions | 10/11 | €301,600 | €301,600 | = | 0.0% |
| Capital | 10 | €283,000 | €283,000 | = | 0.0% |
| Issued capital | 100 | €283,000 | €283,000 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,725,059 | €1,920,059 | +€195,000 | +11.3% |
| Non-distributable reserves | 130/1 | €30,160 | €30,160 | = | 0.0% |
| Legal reserve | 130 | €28,300 | €28,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,676,149 | €1,871,149 | +€195,000 | +11.6% |
| Profit (loss) carried forward | 14 | €55,352 | €58,789 | +€3,437 | +6.2% |
| Provisions and deferred taxes | 16 | €39,280 | €41,334 | +€2,054 | +5.2% |
| Provisions for liabilities and charges | 160/5 | €39,280 | €41,334 | +€2,054 | +5.2% |
| Major repairs and maintenance | 162 | €39,280 | €41,334 | +€2,054 | +5.2% |
| Amounts payable | 17/49 | €1,263,072 | €1,045,346 | -€217,726 | -17.2% |
| Amounts payable after more than one year | 17 | €932,199 | €777,175 | -€155,024 | -16.6% |
| Financial debts | 170/4 | €932,199 | €777,175 | -€155,024 | -16.6% |
| Amounts payable within one year | 42/48 | €308,273 | €254,761 | -€53,512 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €149,026 | €155,139 | +€6,113 | +4.1% |
| Trade debts | 44 | €47,833 | €9,347 | -€38,486 | -80.5% |
| Suppliers | 440/4 | €47,833 | €9,347 | -€38,486 | -80.5% |
| Taxes, remuneration and social security | 45 | €111,414 | €90,274 | -€21,140 | -19.0% |
| Taxes | 450/3 | €108,814 | €90,274 | -€18,540 | -17.0% |
| Remuneration and social security | 454/9 | €2,600 | - | -€2,600 | |
| Accrued charges and deferred income | 492/3 | €22,601 | €13,411 | -€9,191 | -40.7% |
| Non-recurring operating income | 76A | €4,950 | - | -€4,950 | |
| Remuneration, social security and pensions | 62 | €18,062 | €14,701 | -€3,360 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €280,368 | €291,789 | +€11,421 | +4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,587 | - | -€4,587 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €7,885 | €7,885 | = | 0.0% |
| Other operating charges | 640/8 | €12,304 | €9,796 | -€2,508 | -20.4% |
| Non-recurring operating charges | 66A | - | €3,922 | +€3,922 | |
| Gross operating margin | 9900 | €772,817 | €627,744 | -€145,074 | -18.8% |
| Operating profit (loss) | 9901 | €449,612 | €299,651 | -€149,961 | -33.4% |
| Financial income | 75/76B | €10,474 | €20,189 | +€9,715 | +92.8% |
| Recurring financial income | 75 | €10,474 | €20,189 | +€9,715 | +92.8% |
| Financial charges | 65/66B | €59,049 | €33,021 | -€26,028 | -44.1% |
| Recurring financial charges | 65 | €59,049 | €33,021 | -€26,028 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €401,036 | €286,819 | -€114,218 | -28.5% |
| Income taxes | 67/77 | €125,693 | €88,381 | -€37,312 | -29.7% |
| Profit (loss) for the period | 9904 | €275,343 | €198,437 | -€76,906 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €275,343 | €198,437 | -€76,906 | -27.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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.