LE BOVESSE: what changed
Two fiscal 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 BOVESSE
Largest movements
- Cash -€42,581
down €42,581 (-48.8%), from €87,182 to €44,601
mainly Net result for the year (-€50,069) and Tax, wage and social debts (-€5,118)
- Financial fixed assets -€10,659
down €10,659 (-97.1%), from €10,976 to €317
- Tangible fixed assets -€1,614
down €1,614 (-83.1%), from €1,942 to €328
- Receivables within one year +€1,303
up €1,303 (+36.8%), from €3,539 to €4,842
- Profit (loss) carried forward -€50,069
down €50,069 (-514.1%), from -€9,739 to -€59,808
- Tax, wage and social debts -€5,118
down €5,118 (-99.9%), from €5,125 to €8
- Trade debts +€1,973
up €1,973 (+102.2%), from €1,929 to €3,902
- Other debts -€1,245
down €1,245 (-62.8%), from €1,982 to €737
- Gross operating margin -€93,415
down €93,415, from €47,508 to -€45,907
- Staff costs -€9,792
no longer reported in 2025 (was €9,792)
- Taxes -€2,433
down €2,433 (-93.1%), from €2,614 to €181
- Other operating charges -€2,288
down €2,288 (-59.8%), from €3,825 to €1,537
- Depreciation -€657
down €657 (-28.9%), from €2,271 to €1,614
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 | €105,098 | €50,639 | -€54,459 | -51.8% |
| Fixed assets | 21/28 | €12,919 | €645 | -€12,273 | -95.0% |
| Tangible fixed assets | 22/27 | €1,942 | €328 | -€1,614 | -83.1% |
| Furniture and vehicles | 24 | €1,942 | €328 | -€1,614 | -83.1% |
| Financial fixed assets | 28 | €10,976 | €317 | -€10,659 | -97.1% |
| Current assets | 29/58 | €92,179 | €49,993 | -€42,186 | -45.8% |
| Amounts receivable within one year | 40/41 | €3,539 | €4,842 | +€1,303 | +36.8% |
| Other amounts receivable | 41 | €3,539 | €4,842 | +€1,303 | +36.8% |
| Cash at bank and in hand | 54/58 | €87,182 | €44,601 | -€42,581 | -48.8% |
| Deferred charges and accrued income | 490/1 | €1,458 | €550 | -€908 | -62.3% |
| Total equity and liabilities | 10/49 | €105,098 | €50,639 | -€54,459 | -51.8% |
| Equity | 10/15 | €96,061 | €45,992 | -€50,069 | -52.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €43,800 | €43,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €37,600 | €37,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,739 | -€59,808 | -€50,069 | -514.1% |
| Amounts payable | 17/49 | €9,037 | €4,647 | -€4,390 | -48.6% |
| Amounts payable within one year | 42/48 | €9,037 | €4,647 | -€4,390 | -48.6% |
| Trade debts | 44 | €1,929 | €3,902 | +€1,973 | +102.2% |
| Suppliers | 440/4 | €1,929 | €3,902 | +€1,973 | +102.2% |
| Taxes, remuneration and social security | 45 | €5,125 | €8 | -€5,118 | -99.9% |
| Taxes | 450/3 | €5,125 | €8 | -€5,118 | -99.9% |
| Other amounts payable | 47/48 | €1,982 | €737 | -€1,245 | -62.8% |
| Remuneration, social security and pensions | 62 | €9,792 | - | -€9,792 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,271 | €1,614 | -€657 | -28.9% |
| Other operating charges | 640/8 | €3,825 | €1,537 | -€2,288 | -59.8% |
| Non-recurring operating charges | 66A | €3,205 | €1,277 | -€1,929 | -60.2% |
| Gross operating margin | 9900 | €47,508 | -€45,907 | -€93,415 | |
| Operating profit (loss) | 9901 | €28,414 | -€50,334 | -€78,749 | |
| Financial income | 75/76B | €92 | €636 | +€543 | +589.7% |
| Recurring financial income | 75 | €92 | €636 | +€543 | +589.7% |
| Financial charges | 65/66B | €170 | €189 | +€20 | +11.6% |
| Recurring financial charges | 65 | €170 | €189 | +€20 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €28,337 | -€49,888 | -€78,225 | |
| Income taxes | 67/77 | €2,614 | €181 | -€2,433 | -93.1% |
| Profit (loss) for the period | 9904 | €25,723 | -€50,069 | -€75,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,723 | -€50,069 | -€75,792 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.