Puts 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.
Puts Bouw
Largest movements
- Receivables after one year +€106,765
new in 2025: €106,765
- Cash -€49,326
down €49,326 (-99.3%), from €49,697 to €370
mainly Contributions, distributions and other (-€119,366) and Receivables after one year (-€106,765)
- Receivables within one year +€10,852
up €10,852 (+15.8%), from €68,751 to €79,603
of which Other amounts receivable: +€26,035
- Tangible fixed assets -€10,684
down €10,684 (-30.7%), from €34,809 to €24,125
of which Plant, machinery and equipment: -€6,634
- Other debts +€61,274
up €61,274, from €0 to €61,274
- Reserves -€59,844
down €59,844 (-39.8%), from €150,387 to €90,544
- Trade debts +€41,076
up €41,076 (+4,586%), from €896 to €41,971
- Tax, wage and social debts +€11,496
up €11,496 (+25,706%), from €45 to €11,540
of which Taxes: +€10,184
- Accrued charges and deferred income +€3,658
new in 2025: €3,658
- Gross operating margin +€47,650
up €47,650 (+98.6%), from €48,344 to €95,994
- Taxes +€12,184
up €12,184 (+121%), from €10,045 to €22,228
- Depreciation -€5,080
down €5,080 (-27.9%), from €18,216 to €13,136
- Financial income -€1,287
down €1,287 (-78.6%), from €1,637 to €350
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 | €154,328 | €211,987 | +€57,659 | +37.4% |
| Fixed assets | 21/28 | €34,809 | €24,125 | -€10,684 | -30.7% |
| Tangible fixed assets | 22/27 | €34,809 | €24,125 | -€10,684 | -30.7% |
| Plant, machinery and equipment | 23 | €14,005 | €7,371 | -€6,634 | -47.4% |
| Furniture and vehicles | 24 | €20,804 | €16,754 | -€4,051 | -19.5% |
| Current assets | 29/58 | €119,518 | €187,862 | +€68,344 | +57.2% |
| Amounts receivable after more than one year | 29 | - | €106,765 | +€106,765 | |
| Other amounts receivable | 291 | - | €106,765 | +€106,765 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €68,751 | €79,603 | +€10,852 | +15.8% |
| Trade receivables | 40 | €67,990 | €52,807 | -€15,183 | -22.3% |
| Other amounts receivable | 41 | €761 | €26,796 | +€26,035 | +3,422% |
| Cash at bank and in hand | 54/58 | €49,697 | €370 | -€49,326 | -99.3% |
| Deferred charges and accrued income | 490/1 | €1,071 | €1,123 | +€53 | +4.9% |
| Total equity and liabilities | 10/49 | €154,328 | €211,987 | +€57,659 | +37.4% |
| Equity | 10/15 | €153,387 | €93,544 | -€59,844 | -39.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €150,387 | €90,544 | -€59,844 | -39.8% |
| Distributable reserves | 133 | €150,387 | €90,544 | -€59,844 | -39.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €940 | €118,443 | +€117,503 | +12,496% |
| Amounts payable within one year | 42/48 | €940 | €114,786 | +€113,845 | +12,107% |
| Trade debts | 44 | €896 | €41,971 | +€41,076 | +4,586% |
| Suppliers | 440/4 | €896 | €41,971 | +€41,076 | +4,586% |
| Taxes, remuneration and social security | 45 | €45 | €11,540 | +€11,496 | +25,706% |
| Taxes | 450/3 | €45 | €10,228 | +€10,184 | +22,772% |
| Remuneration and social security | 454/9 | - | €1,312 | +€1,312 | |
| Other amounts payable | 47/48 | €0 | €61,274 | +€61,274 | |
| Accrued charges and deferred income | 492/3 | - | €3,658 | +€3,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,216 | €13,136 | -€5,080 | -27.9% |
| Other operating charges | 640/8 | €891 | €1,287 | +€396 | +44.5% |
| Gross operating margin | 9900 | €48,344 | €95,994 | +€47,650 | +98.6% |
| Operating profit (loss) | 9901 | €29,238 | €81,571 | +€52,334 | +179% |
| Financial income | 75/76B | €1,637 | €350 | -€1,287 | -78.6% |
| Recurring financial income | 75 | €1,637 | €350 | -€1,287 | -78.6% |
| Financial charges | 65/66B | €138 | €170 | +€32 | +23.2% |
| Recurring financial charges | 65 | €138 | €170 | +€32 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €30,736 | €81,751 | +€51,015 | +166% |
| Income taxes | 67/77 | €10,045 | €22,228 | +€12,184 | +121% |
| Profit (loss) for the period | 9904 | €20,691 | €59,522 | +€38,831 | +188% |
| Profit (loss) for the period to be appropriated | 9905 | €20,691 | €59,522 | +€38,831 | +188% |
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 17 October 2026 via checked.be.