AU BÛCHER: 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.
AU BÛCHER
Largest movements
- Receivables within one year -€5,162
down €5,162 (-28.3%), from €18,213 to €13,051
of which Trade receivables: -€3,630
- Cash +€4,431
up €4,431 (+12.5%), from €35,522 to €39,953
mainly Receivables within one year (+€5,162) and Depreciation (+€5,030)
- Stocks and contracts +€1,466
up €1,466 (+29.4%), from €4,987 to €6,453
- Reserves +€1,962
up €1,962 (+3.8%), from €51,185 to €53,148
- Trade debts -€1,166
down €1,166 (-80.9%), from €1,441 to €275
- Gross operating margin -€4,219
down €4,219 (-28.0%), from €15,047 to €10,828
- Depreciation -€1,165
down €1,165 (-18.8%), from €6,195 to €5,030
- Other operating charges +€424
up €424 (+14.0%), from €3,025 to €3,449
- Taxes -€322
down €322 (-62.2%), from €519 to €196
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 | €75,603 | €76,153 | +€550 | +0.7% |
| Fixed assets | 21/28 | €16,881 | €16,697 | -€184 | -1.1% |
| Tangible fixed assets | 22/27 | €16,881 | €16,697 | -€184 | -1.1% |
| Plant, machinery and equipment | 23 | €3,086 | €2,832 | -€254 | -8.2% |
| Furniture and vehicles | 24 | €4,800 | €7,292 | +€2,492 | +51.9% |
| Other tangible fixed assets | 26 | €8,995 | €6,573 | -€2,422 | -26.9% |
| Current assets | 29/58 | €58,722 | €59,456 | +€734 | +1.2% |
| Stocks and contracts in progress | 3 | €4,987 | €6,453 | +€1,466 | +29.4% |
| Stocks | 30/36 | €4,987 | €6,453 | +€1,466 | +29.4% |
| Amounts receivable within one year | 40/41 | €18,213 | €13,051 | -€5,162 | -28.3% |
| Trade receivables | 40 | €6,675 | €3,045 | -€3,630 | -54.4% |
| Other amounts receivable | 41 | €11,538 | €10,006 | -€1,532 | -13.3% |
| Cash at bank and in hand | 54/58 | €35,522 | €39,953 | +€4,431 | +12.5% |
| Total equity and liabilities | 10/49 | €75,603 | €76,153 | +€550 | +0.7% |
| Equity | 10/15 | €70,378 | €72,340 | +€1,962 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,185 | €53,148 | +€1,962 | +3.8% |
| Distributable reserves | 133 | €51,185 | €53,148 | +€1,962 | +3.8% |
| Profit (loss) carried forward | 14 | €592 | €592 | = | 0.0% |
| Amounts payable | 17/49 | €5,226 | €3,814 | -€1,412 | -27.0% |
| Amounts payable within one year | 42/48 | €5,226 | €3,814 | -€1,412 | -27.0% |
| Trade debts | 44 | €1,441 | €275 | -€1,166 | -80.9% |
| Suppliers | 440/4 | €1,441 | €275 | -€1,166 | -80.9% |
| Taxes, remuneration and social security | 45 | €2,672 | €2,617 | -€55 | -2.1% |
| Taxes | 450/3 | €2,672 | €2,617 | -€55 | -2.1% |
| Other amounts payable | 47/48 | €1,113 | €922 | -€191 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,195 | €5,030 | -€1,165 | -18.8% |
| Other operating charges | 640/8 | €3,025 | €3,449 | +€424 | +14.0% |
| Gross operating margin | 9900 | €15,047 | €10,828 | -€4,219 | -28.0% |
| Operating profit (loss) | 9901 | €5,827 | €2,349 | -€3,478 | -59.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €123 | €191 | +€68 | +55.1% |
| Recurring financial charges | 65 | €123 | €191 | +€68 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €5,704 | €2,158 | -€3,546 | -62.2% |
| Income taxes | 67/77 | €519 | €196 | -€322 | -62.2% |
| Profit (loss) for the period | 9904 | €5,185 | €1,962 | -€3,223 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,185 | €1,962 | -€3,223 | -62.2% |
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 29 October 2026 via checked.be.