Les Bourgeons: 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.
Les Bourgeons
Largest movements
- Current investments +€101,672
up €101,672 (+12.0%), from €849,061 to €950,732
- Cash -€24,138
down €24,138 (-12.9%), from €186,964 to €162,826
mainly Current investments (-€101,672) and Deferred charges and accrued income (-€5,395)
- Debts within one year +€37,514
up €37,514 (+11.6%), from €322,203 to €359,717
- Profit (loss) carried forward +€32,837
up €32,837 (+3.1%), from €1.0m to €1.1m
- Gross operating margin +€68,031
up €68,031 (+6.0%), from €1.1m to €1.2m
- Staff costs +€32,232
up €32,232 (+2.9%), from €1.1m to €1.2m
- Financial charges -€15,458
down €15,458 (-85.6%), from €18,067 to €2,609
of which Non-recurring financial charges: -€15,498
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 | €1,385,306 | €1,457,277 | +€71,971 | +5.2% |
| Fixed assets | 21/28 | €37,210 | €29,277 | -€7,933 | -21.3% |
| Tangible fixed assets | 22/27 | €36,788 | €28,855 | -€7,933 | -21.6% |
| Plant, machinery and equipment | 23 | €30,511 | €24,176 | -€6,336 | -20.8% |
| Furniture and vehicles | 24 | €6,277 | €4,680 | -€1,597 | -25.4% |
| Financial fixed assets | 28 | €422 | €422 | = | 0.0% |
| Current assets | 29/58 | €1,348,095 | €1,427,999 | +€79,904 | +5.9% |
| Amounts receivable within one year | 40/41 | €310,945 | €307,919 | -€3,025 | -1.0% |
| Trade receivables | 40 | €11,811 | €5,469 | -€6,342 | -53.7% |
| Other amounts receivable | 41 | €299,134 | €302,451 | +€3,317 | +1.1% |
| Current investments | 50/53 | €849,061 | €950,732 | +€101,672 | +12.0% |
| Cash at bank and in hand | 54/58 | €186,964 | €162,826 | -€24,138 | -12.9% |
| Deferred charges and accrued income | 490/1 | €1,126 | €6,521 | +€5,395 | +479.3% |
| Total equity and liabilities | 10/49 | €1,385,306 | €1,457,277 | +€71,971 | +5.2% |
| Equity | 10/15 | €1,043,102 | €1,075,940 | +€32,837 | +3.1% |
| Profit (loss) carried forward | 14 | €1,043,102 | €1,075,940 | +€32,837 | +3.1% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Environmental obligations | 163 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €322,203 | €361,337 | +€39,134 | +12.1% |
| Amounts payable within one year | 42/48 | €322,203 | €359,717 | +€37,514 | +11.6% |
| Trade debts | 44 | €7,234 | €10,680 | +€3,446 | +47.6% |
| Suppliers | 440/4 | €7,234 | €10,680 | +€3,446 | +47.6% |
| Taxes, remuneration and social security | 45 | €137,439 | €145,802 | +€8,363 | +6.1% |
| Taxes | 450/3 | €6,265 | €7,362 | +€1,097 | +17.5% |
| Remuneration and social security | 454/9 | €131,173 | €138,440 | +€7,267 | +5.5% |
| Accrued charges and deferred income | 492/3 | - | €1,620 | +€1,620 | |
| Turnover | 70 | €162,971 | €155,920 | -€7,052 | -4.3% |
| Non-recurring operating income | 76A | €91,990 | €95,851 | +€3,861 | +4.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €134,745 | €144,780 | +€10,035 | +7.4% |
| Remuneration, social security and pensions | 62 | €1,127,742 | €1,159,974 | +€32,232 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,528 | €8,283 | -€245 | -2.9% |
| Other operating charges | 640/8 | €322 | €361 | +€39 | +12.1% |
| Gross operating margin | 9900 | €1,134,816 | €1,202,846 | +€68,031 | +6.0% |
| Operating profit (loss) | 9901 | -€1,776 | €34,228 | +€36,004 | |
| Financial income | 75/76B | €6,332 | €3,585 | -€2,747 | -43.4% |
| Recurring financial income | 75 | €4,293 | €2,669 | -€1,624 | -37.8% |
| Non-recurring financial income | 76B | €2,038 | €915 | -€1,123 | -55.1% |
| Financial charges | 65/66B | €18,067 | €2,609 | -€15,458 | -85.6% |
| Recurring financial charges | 65 | €257 | €298 | +€40 | +15.7% |
| Non-recurring financial charges | 66B | €17,810 | €2,312 | -€15,498 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,512 | €35,203 | +€48,715 | |
| Income taxes | 67/77 | €2,383 | €2,366 | -€17 | -0.7% |
| Profit (loss) for the period | 9904 | -€15,896 | €32,837 | +€48,733 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,896 | €32,837 | +€48,733 |
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 2 October 2026 via checked.be.