R-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.
R-BOUW
Largest movements
- Receivables within one year +€65,934
up €65,934 (+161%), from €40,994 to €106,928
- Tangible fixed assets -€17,402
down €17,402 (-22.5%), from €77,476 to €60,074
of which Furniture and vehicles: -€18,580
- Stocks and contracts +€14,415
new in 2025: €14,415
- Cash -€14,085
down €14,085 (-15.2%), from €92,778 to €78,693
mainly Receivables within one year (-€65,934) and Debts after one year (-€16,719)
- Financial fixed assets -€3,000
down €3,000 (-98.7%), from €3,040 to €40
- Other debts +€26,276
up €26,276 (+113%), from €23,201 to €49,477
- Trade debts +€23,949
up €23,949 (+86.2%), from €27,781 to €51,730
- Debts after one year -€16,719
down €16,719 (-31.0%), from €54,019 to €37,300
- Profit (loss) carried forward +€7,416
up €7,416 (+18.7%), from €39,641 to €47,057
- Taxes +€16,180
up €16,180 (+5,964%), from €271 to €16,452
- Gross operating margin -€15,201
down €15,201 (-24.1%), from €63,115 to €47,914
- Other operating charges -€3,188
down €3,188 (-71.0%), from €4,492 to €1,304
- Financial income -€3,094
down €3,094 (-92.6%), from €3,341 to €248
of which Non-recurring financial income: -€3,051
- Depreciation +€1,442
up €1,442 (+7.9%), from €18,305 to €19,747
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 | €219,887 | €263,828 | +€43,941 | +20.0% |
| Fixed assets | 21/28 | €80,516 | €60,114 | -€20,402 | -25.3% |
| Tangible fixed assets | 22/27 | €77,476 | €60,074 | -€17,402 | -22.5% |
| Plant, machinery and equipment | 23 | €2,295 | €3,473 | +€1,178 | +51.3% |
| Furniture and vehicles | 24 | €75,181 | €56,602 | -€18,580 | -24.7% |
| Financial fixed assets | 28 | €3,040 | €40 | -€3,000 | -98.7% |
| Current assets | 29/58 | €139,371 | €203,713 | +€64,343 | +46.2% |
| Stocks and contracts in progress | 3 | - | €14,415 | +€14,415 | |
| Contracts in progress | 37 | - | €14,415 | +€14,415 | |
| Amounts receivable within one year | 40/41 | €40,994 | €106,928 | +€65,934 | +161% |
| Trade receivables | 40 | €40,994 | €106,928 | +€65,934 | +161% |
| Cash at bank and in hand | 54/58 | €92,778 | €78,693 | -€14,085 | -15.2% |
| Deferred charges and accrued income | 490/1 | €5,599 | €3,677 | -€1,922 | -34.3% |
| Total equity and liabilities | 10/49 | €219,887 | €263,828 | +€43,941 | +20.0% |
| Equity | 10/15 | €82,802 | €90,218 | +€7,416 | +9.0% |
| Contributions | 10/11 | €28,557 | €28,557 | = | 0.0% |
| Reserves | 13 | €14,604 | €14,604 | = | 0.0% |
| Distributable reserves | 133 | €14,604 | €14,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,641 | €47,057 | +€7,416 | +18.7% |
| Amounts payable | 17/49 | €137,084 | €173,609 | +€36,525 | +26.6% |
| Amounts payable after more than one year | 17 | €54,019 | €37,300 | -€16,719 | -31.0% |
| Financial debts | 170/4 | €54,019 | €37,300 | -€16,719 | -31.0% |
| Amounts payable within one year | 42/48 | €82,681 | €135,925 | +€53,244 | +64.4% |
| Current portion of amounts payable after more than one year | 42 | €15,996 | €16,719 | +€723 | +4.5% |
| Trade debts | 44 | €27,781 | €51,730 | +€23,949 | +86.2% |
| Suppliers | 440/4 | €27,781 | €51,730 | +€23,949 | +86.2% |
| Taxes, remuneration and social security | 45 | €15,703 | €17,999 | +€2,296 | +14.6% |
| Taxes | 450/3 | €15,703 | €5,399 | -€10,304 | -65.6% |
| Remuneration and social security | 454/9 | - | €12,600 | +€12,600 | |
| Other amounts payable | 47/48 | €23,201 | €49,477 | +€26,276 | +113% |
| Accrued charges and deferred income | 492/3 | €384 | €384 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,305 | €19,747 | +€1,442 | +7.9% |
| Other operating charges | 640/8 | €4,492 | €1,304 | -€3,188 | -71.0% |
| Gross operating margin | 9900 | €63,115 | €47,914 | -€15,201 | -24.1% |
| Operating profit (loss) | 9901 | €40,318 | €26,863 | -€13,455 | -33.4% |
| Financial income | 75/76B | €3,341 | €248 | -€3,094 | -92.6% |
| Recurring financial income | 75 | €290 | €248 | -€42 | -14.6% |
| Non-recurring financial income | 76B | €3,051 | - | -€3,051 | |
| Financial charges | 65/66B | €3,748 | €3,243 | -€504 | -13.5% |
| Recurring financial charges | 65 | €3,748 | €3,243 | -€504 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €39,912 | €23,868 | -€16,044 | -40.2% |
| Income taxes | 67/77 | €271 | €16,452 | +€16,180 | +5,964% |
| Profit (loss) for the period | 9904 | €39,641 | €7,416 | -€32,225 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €39,641 | €7,416 | -€32,225 | -81.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.