BATIST BULCKE: what changed
BATIST BULCKE
Largest movements
- Cash +€26,730
up €26,730 (+835%), from €3,202 to €29,932
mainly Net result for the year (+€12,845) and Depreciation (+€7,218)
- Tangible fixed assets -€3,773
down €3,773 (-12.6%), from €29,838 to €26,066
of which Furniture and vehicles: -€4,786
- Receivables within one year -€2,704
down €2,704 (-37.1%), from €7,283 to €4,579
of which Other amounts receivable: -€2,965
- Reserves +€13,000
up €13,000 (+163%), from €8,000 to €21,000
- Tax, wage and social debts +€3,673
up €3,673 (+103%), from €3,558 to €7,232
- Trade debts +€2,611
up €2,611 (+590%), from €443 to €3,054
- Other debts +€1,071
up €1,071 (+4.3%), from €25,072 to €26,142
- Gross operating margin +€7,712
up €7,712 (+40.8%), from €18,886 to €26,598
- Depreciation +€2,283
up €2,283 (+46.2%), from €4,936 to €7,218
- Taxes +€1,120
up €1,120 (+43.9%), from €2,553 to €3,673
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,323 | €64,490 | +€20,167 | +45.5% |
| Fixed assets | 21/28 | €30,623 | €26,650 | -€3,973 | -13.0% |
| Intangible fixed assets | 21 | €785 | €585 | -€200 | -25.5% |
| Tangible fixed assets | 22/27 | €29,838 | €26,066 | -€3,773 | -12.6% |
| Plant, machinery and equipment | 23 | €7,039 | €8,366 | +€1,328 | +18.9% |
| Furniture and vehicles | 24 | €19,789 | €15,003 | -€4,786 | -24.2% |
| Other tangible fixed assets | 26 | €3,011 | €2,697 | -€314 | -10.4% |
| Current assets | 29/58 | €13,699 | €37,839 | +€24,140 | +176% |
| Stocks and contracts in progress | 3 | €1,865 | €1,932 | +€68 | +3.6% |
| Stocks | 30/36 | €1,865 | €1,932 | +€68 | +3.6% |
| Amounts receivable within one year | 40/41 | €7,283 | €4,579 | -€2,704 | -37.1% |
| Trade receivables | 40 | €3,649 | €3,910 | +€261 | +7.1% |
| Other amounts receivable | 41 | €3,634 | €669 | -€2,965 | -81.6% |
| Cash at bank and in hand | 54/58 | €3,202 | €29,932 | +€26,730 | +835% |
| Deferred charges and accrued income | 490/1 | €1,350 | €1,397 | +€47 | +3.5% |
| Total equity and liabilities | 10/49 | €44,323 | €64,490 | +€20,167 | +45.5% |
| Equity | 10/15 | €13,394 | €26,238 | +€12,845 | +95.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €21,000 | +€13,000 | +163% |
| Distributable reserves | 133 | €8,000 | €21,000 | +€13,000 | +163% |
| Profit (loss) carried forward | 14 | €394 | €238 | -€155 | -39.5% |
| Amounts payable | 17/49 | €30,929 | €38,252 | +€7,323 | +23.7% |
| Amounts payable within one year | 42/48 | €29,073 | €36,428 | +€7,355 | +25.3% |
| Trade debts | 44 | €443 | €3,054 | +€2,611 | +590% |
| Suppliers | 440/4 | €443 | €3,054 | +€2,611 | +590% |
| Taxes, remuneration and social security | 45 | €3,558 | €7,232 | +€3,673 | +103% |
| Taxes | 450/3 | €3,558 | €7,232 | +€3,673 | +103% |
| Other amounts payable | 47/48 | €25,072 | €26,142 | +€1,071 | +4.3% |
| Accrued charges and deferred income | 492/3 | €1,856 | €1,824 | -€32 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,936 | €7,218 | +€2,283 | +46.2% |
| Other operating charges | 640/8 | €1,095 | €868 | -€227 | -20.7% |
| Gross operating margin | 9900 | €18,886 | €26,598 | +€7,712 | +40.8% |
| Operating profit (loss) | 9901 | €12,855 | €18,512 | +€5,657 | +44.0% |
| Financial income | 75/76B | €2 | €1 | -€0 | -22.7% |
| Recurring financial income | 75 | €2 | €1 | -€0 | -22.7% |
| Financial charges | 65/66B | €1,910 | €1,995 | +€85 | +4.5% |
| Recurring financial charges | 65 | €1,910 | €1,995 | +€85 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €10,947 | €16,518 | +€5,571 | +50.9% |
| Income taxes | 67/77 | €2,553 | €3,673 | +€1,120 | +43.9% |
| Profit (loss) for the period | 9904 | €8,394 | €12,845 | +€4,451 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,394 | €12,845 | +€4,451 | +53.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.