BJORN BUFFELS: 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.
BJORN BUFFELS
Largest movements
- Receivables within one year +€38,200
up €38,200 (+27.3%), from €139,741 to €177,941
of which Other amounts receivable: +€28,765
- Receivables after one year -€21,000
down €21,000 (-14.3%), from €147,000 to €126,000
- Reserves +€5,671
up €5,671 (+2.3%), from €246,752 to €252,423
- Trade debts +€4,637
up €4,637 (+145%), from €3,187 to €7,824
- Tax, wage and social debts +€4,242
up €4,242 (+15.0%), from €28,309 to €32,551
- Gross operating margin -€18,110
down €18,110 (-25.2%), from €71,984 to €53,874
- Taxes -€5,597
down €5,597 (-24.0%), from €23,316 to €17,719
- Other operating charges -€857
down €857 (-33.0%), from €2,596 to €1,739
- Financial income +€744
up €744 (+6.7%), from €11,038 to €11,782
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,656 | €310,444 | +€14,788 | +5.0% |
| Fixed assets | 21/28 | €3,110 | €1,814 | -€1,296 | -41.7% |
| Tangible fixed assets | 22/27 | €3,110 | €1,814 | -€1,296 | -41.7% |
| Plant, machinery and equipment | 23 | €1,606 | €1,042 | -€564 | -35.1% |
| Furniture and vehicles | 24 | €1,504 | €772 | -€732 | -48.7% |
| Current assets | 29/58 | €292,546 | €308,630 | +€16,084 | +5.5% |
| Amounts receivable after more than one year | 29 | €147,000 | €126,000 | -€21,000 | -14.3% |
| Other amounts receivable | 291 | €147,000 | €126,000 | -€21,000 | -14.3% |
| Amounts receivable within one year | 40/41 | €139,741 | €177,941 | +€38,200 | +27.3% |
| Trade receivables | 40 | €4,983 | €14,418 | +€9,435 | +189% |
| Other amounts receivable | 41 | €134,758 | €163,523 | +€28,765 | +21.3% |
| Current investments | 50/53 | €4,352 | €3,791 | -€561 | -12.9% |
| Deferred charges and accrued income | 490/1 | €1,453 | €898 | -€555 | -38.2% |
| Total equity and liabilities | 10/49 | €295,656 | €310,444 | +€14,788 | +5.0% |
| Equity | 10/15 | €259,345 | €263,298 | +€3,953 | +1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €246,752 | €252,423 | +€5,671 | +2.3% |
| Distributable reserves | 133 | €246,752 | €252,423 | +€5,671 | +2.3% |
| Profit (loss) carried forward | 14 | €6,393 | €4,675 | -€1,718 | -26.9% |
| Amounts payable | 17/49 | €36,311 | €47,146 | +€10,835 | +29.8% |
| Amounts payable within one year | 42/48 | €32,662 | €43,646 | +€10,984 | +33.6% |
| Financial debts | 43 | - | €2,069 | +€2,069 | |
| Credit institutions | 430/8 | - | €2,069 | +€2,069 | |
| Trade debts | 44 | €3,187 | €7,824 | +€4,637 | +145% |
| Suppliers | 440/4 | €3,187 | €7,824 | +€4,637 | +145% |
| Taxes, remuneration and social security | 45 | €28,309 | €32,551 | +€4,242 | +15.0% |
| Taxes | 450/3 | €28,309 | €32,551 | +€4,242 | +15.0% |
| Other amounts payable | 47/48 | €1,166 | €1,202 | +€36 | +3.1% |
| Accrued charges and deferred income | 492/3 | €3,649 | €3,500 | -€149 | -4.1% |
| Non-recurring operating income | 76A | €6,685 | - | -€6,685 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,944 | €1,296 | -€648 | -33.3% |
| Other operating charges | 640/8 | €2,596 | €1,739 | -€857 | -33.0% |
| Gross operating margin | 9900 | €71,984 | €53,874 | -€18,110 | -25.2% |
| Operating profit (loss) | 9901 | €67,444 | €50,839 | -€16,605 | -24.6% |
| Financial income | 75/76B | €11,038 | €11,782 | +€744 | +6.7% |
| Recurring financial income | 75 | €11,038 | €11,782 | +€744 | +6.7% |
| Financial charges | 65/66B | €2,274 | €2,231 | -€43 | -1.9% |
| Recurring financial charges | 65 | €2,274 | €2,231 | -€43 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €76,208 | €60,390 | -€15,818 | -20.8% |
| Income taxes | 67/77 | €23,316 | €17,719 | -€5,597 | -24.0% |
| Profit (loss) for the period | 9904 | €52,892 | €42,671 | -€10,221 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,892 | €42,671 | -€10,221 | -19.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.