BUA: 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.
BUA
Largest movements
- Tangible fixed assets -€19,861
down €19,861 (-25.3%), from €78,471 to €58,610
- Cash -€8,491
down €8,491 (-41.5%), from €20,439 to €11,948
mainly Trade debts (-€15,309) and Tax, wage and social debts (-€8,547)
- Receivables within one year +€2,010
up €2,010 (+44.4%), from €4,530 to €6,540
of which Other amounts receivable: +€2,538
- Trade debts -€15,309
down €15,309 (-51.8%), from €29,570 to €14,261
- Tax, wage and social debts -€8,547
down €8,547 (-40.3%), from €21,198 to €12,651
of which Remuneration and social security: -€6,991
- Profit (loss) carried forward -€2,206
new in 2025: -€2,206
- Gross operating margin -€16,912
down €16,912 (-11.1%), from €152,800 to €135,888
- Staff costs -€9,421
down €9,421 (-7.7%), from €122,187 to €112,767
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.
Cash bridge derived
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 | €112,883 | €86,822 | -€26,061 | -23.1% |
| Fixed assets | 21/28 | €82,588 | €62,726 | -€19,861 | -24.0% |
| Tangible fixed assets | 22/27 | €78,471 | €58,610 | -€19,861 | -25.3% |
| Plant, machinery and equipment | 23 | €19,071 | €9,476 | -€9,596 | -50.3% |
| Furniture and vehicles | 24 | €2,995 | €1,497 | -€1,497 | -50.0% |
| Other tangible fixed assets | 26 | €56,405 | €47,637 | -€8,768 | -15.5% |
| Financial fixed assets | 28 | €4,117 | €4,117 | = | 0.0% |
| Current assets | 29/58 | €30,296 | €24,096 | -€6,200 | -20.5% |
| Stocks and contracts in progress | 3 | €2,396 | €2,019 | -€377 | -15.7% |
| Stocks | 30/36 | €2,396 | €2,019 | -€377 | -15.7% |
| Amounts receivable within one year | 40/41 | €4,530 | €6,540 | +€2,010 | +44.4% |
| Trade receivables | 40 | €1,706 | €1,178 | -€528 | -30.9% |
| Other amounts receivable | 41 | €2,824 | €5,362 | +€2,538 | +89.9% |
| Cash at bank and in hand | 54/58 | €20,439 | €11,948 | -€8,491 | -41.5% |
| Deferred charges and accrued income | 490/1 | €2,931 | €3,589 | +€658 | +22.5% |
| Total equity and liabilities | 10/49 | €112,883 | €86,822 | -€26,061 | -23.1% |
| Equity | 10/15 | €62,116 | €59,910 | -€2,206 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,516 | €43,516 | = | 0.0% |
| Distributable reserves | 133 | €43,516 | €43,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,206 | -€2,206 | |
| Amounts payable | 17/49 | €50,768 | €26,913 | -€23,855 | -47.0% |
| Amounts payable within one year | 42/48 | €50,768 | €26,913 | -€23,855 | -47.0% |
| Trade debts | 44 | €29,570 | €14,261 | -€15,309 | -51.8% |
| Suppliers | 440/4 | €29,570 | €14,261 | -€15,309 | -51.8% |
| Taxes, remuneration and social security | 45 | €21,198 | €12,651 | -€8,547 | -40.3% |
| Taxes | 450/3 | €5,594 | €4,038 | -€1,556 | -27.8% |
| Remuneration and social security | 454/9 | €15,604 | €8,613 | -€6,991 | -44.8% |
| Remuneration, social security and pensions | 62 | €122,187 | €112,767 | -€9,421 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,124 | €19,861 | -€262 | -1.3% |
| Other operating charges | 640/8 | €4,312 | €3,161 | -€1,151 | -26.7% |
| Non-recurring operating charges | 66A | €2,617 | - | -€2,617 | |
| Gross operating margin | 9900 | €152,800 | €135,888 | -€16,912 | -11.1% |
| Operating profit (loss) | 9901 | €3,559 | €98 | -€3,461 | -97.2% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €1,979 | €1,770 | -€209 | -10.5% |
| Recurring financial charges | 65 | €1,979 | €1,770 | -€209 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €1,609 | -€1,671 | -€3,281 | |
| Income taxes | 67/77 | €1,266 | €535 | -€732 | -57.8% |
| Profit (loss) for the period | 9904 | €343 | -€2,206 | -€2,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €343 | -€2,206 | -€2,549 |
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 12 October 2026 via checked.be.