INSTITUT BOUE: 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.
INSTITUT BOUE
Largest movements
- Cash +€8,272
up €8,272 (+24.4%), from €33,846 to €42,118
mainly Provisions (+€12,962)
- Provisions +€12,962
new in 2025: €12,962
- Profit (loss) carried forward -€1,826
down €1,826 (-11.7%), from €15,584 to €13,757
- Tax, wage and social debts -€1,651
down €1,651 (-40.0%), from €4,130 to €2,480
of which Remuneration and social security: -€1,474
- Trade debts -€637
down €637 (-71.4%), from €892 to €255
- Other debts -€576
down €576 (-5.3%), from €10,945 to €10,370
- Provisions +€12,962
new in 2025: €12,962
- Gross operating margin +€12,071
up €12,071 (+116.4%), from €10,374 to €22,445
- Other operating charges +€2,557
up €2,557 (+660.1%), from €387 to €2,944
- Staff costs +€2,179
up €2,179 (+36.8%), from €5,918 to €8,098
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 | €37,801 | €46,073 | +€8,272 | +21.9% |
| Fixed assets | 21/28 | €3,955 | €3,955 | = | 0.0% |
| Financial fixed assets | 28 | €3,955 | €3,955 | = | 0.0% |
| Current assets | 29/58 | €33,846 | €42,118 | +€8,272 | +24.4% |
| Cash at bank and in hand | 54/58 | €33,846 | €42,118 | +€8,272 | +24.4% |
| Total equity and liabilities | 10/49 | €37,801 | €46,073 | +€8,272 | +21.9% |
| Equity | 10/15 | €21,834 | €20,007 | -€1,826 | -8.4% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,584 | €13,757 | -€1,826 | -11.7% |
| Provisions and deferred taxes | 16 | - | €12,962 | +€12,962 | |
| Provisions for liabilities and charges | 160/5 | - | €12,962 | +€12,962 | |
| Taxes | 161 | - | €12,962 | +€12,962 | |
| Amounts payable | 17/49 | €15,968 | €13,104 | -€2,864 | -17.9% |
| Amounts payable within one year | 42/48 | €15,968 | €13,104 | -€2,864 | -17.9% |
| Trade debts | 44 | €892 | €255 | -€637 | -71.4% |
| Suppliers | 440/4 | €892 | €255 | -€637 | -71.4% |
| Taxes, remuneration and social security | 45 | €4,130 | €2,480 | -€1,651 | -40.0% |
| Taxes | 450/3 | €1,203 | €1,025 | -€177 | -14.7% |
| Remuneration and social security | 454/9 | €2,928 | €1,454 | -€1,474 | -50.3% |
| Other amounts payable | 47/48 | €10,945 | €10,370 | -€576 | -5.3% |
| Remuneration, social security and pensions | 62 | €5,918 | €8,098 | +€2,179 | +36.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €12,962 | +€12,962 | |
| Other operating charges | 640/8 | €387 | €2,944 | +€2,557 | +660.1% |
| Gross operating margin | 9900 | €10,374 | €22,445 | +€12,071 | +116.4% |
| Operating profit (loss) | 9901 | €4,068 | -€1,559 | -€5,627 | |
| Financial charges | 65/66B | €214 | €267 | +€53 | +24.7% |
| Recurring financial charges | 65 | €214 | €267 | +€53 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €3,854 | -€1,826 | -€5,680 | |
| Profit (loss) for the period | 9904 | €3,854 | -€1,826 | -€5,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,854 | -€1,826 | -€5,680 |
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 10 October 2026 via checked.be.