Jean BOUDRY Avocats: 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.
Jean BOUDRY Avocats
Largest movements
- Cash +€96,956
up €96,956 (+496%), from €19,537 to €116,493
- Tangible fixed assets -€29,535
down €29,535 (-39.7%), from €74,304 to €44,769
of which Furniture and vehicles: -€27,787
- Intangible fixed assets -€15,000
down €15,000 (-28.6%), from €52,479 to €37,479
- Receivables within one year +€12,364
up €12,364 (+30.6%), from €40,412 to €52,775
of which Trade receivables: +€15,365
- Deferred charges and accrued income -€2,686
no longer reported in 2025 (was €2,686)
- Reserves +€78,698
up €78,698 (+153%), from €51,570 to €130,268
- Debts after one year -€26,822
down €26,822 (-50.7%), from €52,883 to €26,060
- Tax, wage and social debts +€18,479
up €18,479 (+61.8%), from €29,910 to €48,388
of which Remuneration and social security: +€14,869
- Trade debts -€16,116
down €16,116 (-74.0%), from €21,792 to €5,676
- Other debts +€4,876
up €4,876 (+22.7%), from €21,509 to €26,385
- Gross operating margin +€24,242
up €24,242 (+28.4%), from €85,319 to €109,561
- Depreciation +€10,530
up €10,530 (+89.7%), from €11,737 to €22,267
- Other operating charges +€2,149
up €2,149 (+354%), from €607 to €2,757
- Financial charges +€1,836
up €1,836 (+367%), from €500 to €2,336
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,418 | €251,516 | +€62,099 | +32.8% |
| Fixed assets | 21/28 | €126,783 | €82,248 | -€44,535 | -35.1% |
| Intangible fixed assets | 21 | €52,479 | €37,479 | -€15,000 | -28.6% |
| Tangible fixed assets | 22/27 | €74,304 | €44,769 | -€29,535 | -39.7% |
| Furniture and vehicles | 24 | €66,227 | €38,440 | -€27,787 | -42.0% |
| Other tangible fixed assets | 26 | €8,077 | €6,329 | -€1,747 | -21.6% |
| Current assets | 29/58 | €62,635 | €169,268 | +€106,634 | +170% |
| Amounts receivable within one year | 40/41 | €40,412 | €52,775 | +€12,364 | +30.6% |
| Trade receivables | 40 | €37,411 | €52,775 | +€15,365 | +41.1% |
| Other amounts receivable | 41 | €3,001 | - | -€3,001 | |
| Cash at bank and in hand | 54/58 | €19,537 | €116,493 | +€96,956 | +496% |
| Deferred charges and accrued income | 490/1 | €2,686 | - | -€2,686 | |
| Total equity and liabilities | 10/49 | €189,418 | €251,516 | +€62,099 | +32.8% |
| Equity | 10/15 | €53,570 | €132,268 | +€78,698 | +147% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €51,570 | €130,268 | +€78,698 | +153% |
| Distributable reserves | 133 | €51,570 | €130,268 | +€78,698 | +153% |
| Amounts payable | 17/49 | €135,848 | €119,249 | -€16,599 | -12.2% |
| Amounts payable after more than one year | 17 | €52,883 | €26,060 | -€26,822 | -50.7% |
| Financial debts | 170/4 | €52,883 | €26,060 | -€26,822 | -50.7% |
| Amounts payable within one year | 42/48 | €82,965 | €93,188 | +€10,223 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €9,754 | €12,739 | +€2,985 | +30.6% |
| Trade debts | 44 | €21,792 | €5,676 | -€16,116 | -74.0% |
| Suppliers | 440/4 | €21,792 | €5,676 | -€16,116 | -74.0% |
| Taxes, remuneration and social security | 45 | €29,910 | €48,388 | +€18,479 | +61.8% |
| Taxes | 450/3 | €29,910 | €33,520 | +€3,610 | +12.1% |
| Remuneration and social security | 454/9 | - | €14,869 | +€14,869 | |
| Other amounts payable | 47/48 | €21,509 | €26,385 | +€4,876 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,737 | €22,267 | +€10,530 | +89.7% |
| Other operating charges | 640/8 | €607 | €2,757 | +€2,149 | +354% |
| Gross operating margin | 9900 | €85,319 | €109,561 | +€24,242 | +28.4% |
| Operating profit (loss) | 9901 | €72,975 | €84,537 | +€11,562 | +15.8% |
| Financial income | 75/76B | €5 | €1 | -€4 | -80.8% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -80.8% |
| Financial charges | 65/66B | €500 | €2,336 | +€1,836 | +367% |
| Recurring financial charges | 65 | €500 | €2,336 | +€1,836 | +367% |
| Profit (loss) for the period before taxes | 9903 | €72,480 | €82,201 | +€9,722 | +13.4% |
| Income taxes | 67/77 | €20,910 | €20,832 | -€77 | -0.4% |
| Profit (loss) for the period | 9904 | €51,570 | €61,369 | +€9,799 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,570 | €61,369 | +€9,799 | +19.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.