LE BATEAU IVRE: 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.
LE BATEAU IVRE
Largest movements
- Receivables within one year -€89,065
down €89,065 (-29.2%), from €304,734 to €215,669
of which Trade receivables: -€85,517
- Cash -€4,827
down €4,827 (-12.1%), from €39,982 to €35,155
- Profit (loss) carried forward -€70,566
down €70,566 (-30.3%), from €232,901 to €162,335
- Debts after one year -€7,285
down €7,285 (-44.1%), from €16,537 to €9,252
- Trade debts -€6,505
down €6,505 (-12.8%), from €50,972 to €44,467
- Short-term financial debts -€5,585
no longer reported in 2025 (was €5,585)
- Staff costs -€9,000
no longer reported in 2025 (was €9,000)
- Gross operating margin +€6,835
no longer reported in 2025 (was -€6,835)
- Other operating charges -€1,450
no longer reported in 2025 (was €1,450)
- Financial income -€1,179
no longer reported in 2025 (was €1,179)
- Financial charges -€791
no longer reported in 2025 (was €791)
From the 2023 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €345,074 | €250,823 | -€94,250 | -27.3% |
| Fixed assets | 21/28 | €358 | - | -€358 | |
| Financial fixed assets | 28 | €358 | - | -€358 | |
| Current assets | 29/58 | €344,716 | €250,823 | -€93,892 | -27.2% |
| Amounts receivable within one year | 40/41 | €304,734 | €215,669 | -€89,065 | -29.2% |
| Trade receivables | 40 | €299,136 | €213,619 | -€85,517 | -28.6% |
| Other amounts receivable | 41 | €5,597 | €2,050 | -€3,548 | -63.4% |
| Cash at bank and in hand | 54/58 | €39,982 | €35,155 | -€4,827 | -12.1% |
| Total equity and liabilities | 10/49 | €345,074 | €250,823 | -€94,250 | -27.3% |
| Equity | 10/15 | €260,981 | €190,415 | -€70,566 | -27.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,488 | €9,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €7,629 | €7,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,901 | €162,335 | -€70,566 | -30.3% |
| Amounts payable | 17/49 | €84,093 | €60,408 | -€23,684 | -28.2% |
| Amounts payable after more than one year | 17 | €16,537 | €9,252 | -€7,285 | -44.1% |
| Other amounts payable | 178/9 | €16,537 | €9,252 | -€7,285 | -44.1% |
| Amounts payable within one year | 42/48 | €67,555 | €51,156 | -€16,399 | -24.3% |
| Financial debts | 43 | €5,585 | - | -€5,585 | |
| Credit institutions | 430/8 | €5,585 | - | -€5,585 | |
| Trade debts | 44 | €50,972 | €44,467 | -€6,505 | -12.8% |
| Suppliers | 440/4 | €50,972 | €44,467 | -€6,505 | -12.8% |
| Taxes, remuneration and social security | 45 | €2,459 | - | -€2,459 | |
| Taxes | 450/3 | €504 | - | -€504 | |
| Remuneration and social security | 454/9 | €1,955 | - | -€1,955 | |
| Other amounts payable | 47/48 | €8,540 | €6,689 | -€1,851 | -21.7% |
| Remuneration, social security and pensions | 62 | €9,000 | - | -€9,000 | |
| Other operating charges | 640/8 | €1,450 | - | -€1,450 | |
| Gross operating margin | 9900 | -€6,835 | - | +€6,835 | |
| Operating profit (loss) | 9901 | -€17,285 | - | +€17,285 | |
| Financial income | 75/76B | €1,179 | - | -€1,179 | |
| Recurring financial income | 75 | €1,179 | - | -€1,179 | |
| Financial charges | 65/66B | €791 | - | -€791 | |
| Recurring financial charges | 65 | €791 | - | -€791 | |
| Profit (loss) for the period before taxes | 9903 | -€16,897 | - | +€16,897 | |
| Profit (loss) for the period | 9904 | -€16,897 | - | +€16,897 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,897 | - | +€16,897 |
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 30 October 2026 via checked.be.