A.BUHLER: 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.
A.BUHLER
Largest movements
- Cash +€38,980
up €38,980 (+210%), from €18,564 to €57,544
mainly Net result for the year (+€53,186) and Trade debts (+€22,083)
- Stocks and contracts +€6,475
up €6,475 (+14.7%), from €44,189 to €50,664
- Profit (loss) carried forward +€23,186
up €23,186 (+53.0%), from €43,736 to €66,923
- Trade debts +€22,083
up €22,083 (+413%), from €5,341 to €27,425
- Gross operating margin +€24,525
up €24,525 (+23.5%), from €104,194 to €128,719
- Write-downs -€12,626
down €12,626, from €9,400 to -€3,226
- Taxes +€8,186
up €8,186 (+82.8%), from €9,883 to €18,069
- Staff costs +€4,664
up €4,664 (+8.1%), from €57,923 to €62,586
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 | €131,768 | €176,297 | +€44,528 | +33.8% |
| Fixed assets | 21/28 | €175 | €175 | = | 0.0% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €131,593 | €176,122 | +€44,528 | +33.8% |
| Stocks and contracts in progress | 3 | €44,189 | €50,664 | +€6,475 | +14.7% |
| Stocks | 30/36 | €44,189 | €50,664 | +€6,475 | +14.7% |
| Amounts receivable within one year | 40/41 | €65,901 | €64,539 | -€1,363 | -2.1% |
| Trade receivables | 40 | €61,784 | €60,608 | -€1,177 | -1.9% |
| Other amounts receivable | 41 | €4,117 | €3,931 | -€186 | -4.5% |
| Cash at bank and in hand | 54/58 | €18,564 | €57,544 | +€38,980 | +210% |
| Deferred charges and accrued income | 490/1 | €2,939 | €3,375 | +€436 | +14.8% |
| Total equity and liabilities | 10/49 | €131,768 | €176,297 | +€44,528 | +33.8% |
| Equity | 10/15 | €83,736 | €106,923 | +€23,186 | +27.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,736 | €66,923 | +€23,186 | +53.0% |
| Amounts payable | 17/49 | €48,032 | €69,374 | +€21,342 | +44.4% |
| Amounts payable within one year | 42/48 | €48,032 | €69,374 | +€21,342 | +44.4% |
| Trade debts | 44 | €5,341 | €27,425 | +€22,083 | +413% |
| Suppliers | 440/4 | €5,341 | €27,425 | +€22,083 | +413% |
| Taxes, remuneration and social security | 45 | €12,691 | €11,949 | -€741 | -5.8% |
| Taxes | 450/3 | €2,969 | €4,478 | +€1,508 | +50.8% |
| Remuneration and social security | 454/9 | €9,721 | €7,472 | -€2,250 | -23.1% |
| Other amounts payable | 47/48 | €30,000 | €30,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €57,923 | €62,586 | +€4,664 | +8.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,400 | -€3,226 | -€12,626 | |
| Other operating charges | 640/8 | €1,123 | €1,157 | +€33 | +2.9% |
| Gross operating margin | 9900 | €104,194 | €128,719 | +€24,525 | +23.5% |
| Operating profit (loss) | 9901 | €35,748 | €68,202 | +€32,455 | +90.8% |
| Financial income | 75/76B | €3,319 | €3,582 | +€263 | +7.9% |
| Recurring financial income | 75 | €3,319 | €3,582 | +€263 | +7.9% |
| Financial charges | 65/66B | €514 | €529 | +€15 | +2.9% |
| Recurring financial charges | 65 | €514 | €529 | +€15 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €38,552 | €71,255 | +€32,703 | +84.8% |
| Income taxes | 67/77 | €9,883 | €18,069 | +€8,186 | +82.8% |
| Profit (loss) for the period | 9904 | €28,669 | €53,186 | +€24,517 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,669 | €53,186 | +€24,517 | +85.5% |
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 16 October 2026 via checked.be.