Kris Bouw: 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.
Kris Bouw
Largest movements
- Receivables within one year +€12,952
up €12,952 (+309%), from €4,194 to €17,146
of which Trade receivables: +€10,155
- Deferred charges and accrued income -€7,889
down €7,889 (-64.4%), from €12,250 to €4,360
- Cash +€2,770
up €2,770 (+8.3%), from €33,453 to €36,223
mainly Deferred charges and accrued income (+€7,889) and Depreciation (+€5,931)
- Tangible fixed assets -€1,391
down €1,391 (-6.6%), from €21,071 to €19,680
of which Furniture and vehicles: -€3,053
- Reserves +€4,019
up €4,019 (+7.8%), from €51,503 to €55,522
- Trade debts +€1,275
up €1,275 (+116%), from €1,102 to €2,376
- Depreciation +€977
up €977 (+19.7%), from €4,953 to €5,931
- Taxes +€739
up €739 (+45.8%), from €1,614 to €2,353
- Gross operating margin +€588
up €588 (+3.4%), from €17,317 to €17,905
- Other operating charges -€494
down €494 (-28.2%), from €1,754 to €1,260
- Financial income +€200
up €200 (+52,566%), from €0 to €200
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 | €70,967 | €77,409 | +€6,442 | +9.1% |
| Fixed assets | 21/28 | €21,071 | €19,680 | -€1,391 | -6.6% |
| Tangible fixed assets | 22/27 | €21,071 | €19,680 | -€1,391 | -6.6% |
| Plant, machinery and equipment | 23 | €2,535 | €4,197 | +€1,662 | +65.6% |
| Furniture and vehicles | 24 | €18,536 | €15,483 | -€3,053 | -16.5% |
| Current assets | 29/58 | €49,897 | €57,729 | +€7,833 | +15.7% |
| Amounts receivable within one year | 40/41 | €4,194 | €17,146 | +€12,952 | +309% |
| Trade receivables | 40 | €4,194 | €14,350 | +€10,155 | +242% |
| Other amounts receivable | 41 | €0 | €2,797 | +€2,797 | |
| Cash at bank and in hand | 54/58 | €33,453 | €36,223 | +€2,770 | +8.3% |
| Deferred charges and accrued income | 490/1 | €12,250 | €4,360 | -€7,889 | -64.4% |
| Total equity and liabilities | 10/49 | €70,967 | €77,409 | +€6,442 | +9.1% |
| Equity | 10/15 | €57,503 | €61,522 | +€4,019 | +7.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €51,503 | €55,522 | +€4,019 | +7.8% |
| Distributable reserves | 133 | €51,503 | €55,522 | +€4,019 | +7.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,464 | €15,887 | +€2,423 | +18.0% |
| Amounts payable within one year | 42/48 | €13,464 | €15,887 | +€2,423 | +18.0% |
| Trade debts | 44 | €1,102 | €2,376 | +€1,275 | +116% |
| Suppliers | 440/4 | €1,102 | €2,376 | +€1,275 | +116% |
| Taxes, remuneration and social security | 45 | €7,034 | €7,411 | +€377 | +5.4% |
| Taxes | 450/3 | €1,937 | €353 | -€1,585 | -81.8% |
| Remuneration and social security | 454/9 | €5,097 | €7,058 | +€1,961 | +38.5% |
| Other amounts payable | 47/48 | €5,328 | €6,100 | +€772 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,953 | €5,931 | +€977 | +19.7% |
| Other operating charges | 640/8 | €1,754 | €1,260 | -€494 | -28.2% |
| Gross operating margin | 9900 | €17,317 | €17,905 | +€588 | +3.4% |
| Operating profit (loss) | 9901 | €10,609 | €10,714 | +€105 | +1.0% |
| Financial income | 75/76B | €0 | €200 | +€200 | +52,566% |
| Recurring financial income | 75 | €0 | €200 | +€200 | +52,566% |
| Financial charges | 65/66B | €4,625 | €4,543 | -€83 | -1.8% |
| Recurring financial charges | 65 | €4,625 | €4,543 | -€83 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €5,984 | €6,371 | +€387 | +6.5% |
| Income taxes | 67/77 | €1,614 | €2,353 | +€739 | +45.8% |
| Profit (loss) for the period | 9904 | €4,370 | €4,019 | -€352 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,370 | €4,019 | -€352 | -8.0% |
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 18 October 2026 via checked.be.