BUBBLEDREAM: 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.
BUBBLEDREAM
Largest movements
- Receivables within one year +€25,645
up €25,645 (+58.1%), from €44,115 to €69,760
of which Trade receivables: +€23,221
- Tangible fixed assets -€20,226
down €20,226 (-28.5%), from €70,918 to €50,692
of which Furniture and vehicles: -€10,838
- Cash +€4,320
up €4,320 (+2,083%), from €207 to €4,527
mainly Other debts (+€63,787) and Depreciation (+€20,757)
- Financial fixed assets -€2,550
down €2,550 (-95.1%), from €2,680 to €130
- Intangible fixed assets +€2,499
new in 2025: €2,499
- Other debts +€63,787
up €63,787 (+59.0%), from €108,150 to €171,937
- Profit (loss) carried forward -€52,688
down €52,688 (-44.2%), from -€119,245 to -€171,933
- Debts after one year -€11,777
down €11,777 (-50.5%), from €23,341 to €11,564
- Trade debts +€7,595
up €7,595 (+9.3%), from €81,541 to €89,136
- Short-term financial debts +€2,455
up €2,455 (+135%), from €1,820 to €4,275
- Gross operating margin -€4,354
down €4,354 (-17.8%), from -€24,526 to -€28,880
- Taxes +€937
up €937 (+698%), from €134 to €1,071
- Financial income +€806
up €806 (+6,788%), from €12 to €818
of which Financial income: +€806
- Depreciation +€673
up €673 (+3.4%), from €20,084 to €20,757
- Financial charges -€338
down €338 (-17.0%), from €1,993 to €1,654
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 | €158,412 | €167,751 | +€9,339 | +5.9% |
| Fixed assets | 21/28 | €73,598 | €53,321 | -€20,277 | -27.6% |
| Intangible fixed assets | 21 | - | €2,499 | +€2,499 | |
| Tangible fixed assets | 22/27 | €70,918 | €50,692 | -€20,226 | -28.5% |
| Plant, machinery and equipment | 23 | €39,084 | €29,696 | -€9,388 | -24.0% |
| Furniture and vehicles | 24 | €31,834 | €20,996 | -€10,838 | -34.0% |
| Financial fixed assets | 28 | €2,680 | €130 | -€2,550 | -95.1% |
| Current assets | 29/58 | €84,814 | €114,430 | +€29,616 | +34.9% |
| Stocks and contracts in progress | 3 | €37,025 | €37,025 | = | 0.0% |
| Stocks | 30/36 | €37,025 | €37,025 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,115 | €69,760 | +€25,645 | +58.1% |
| Trade receivables | 40 | €43,624 | €66,845 | +€23,221 | +53.2% |
| Other amounts receivable | 41 | €491 | €2,915 | +€2,424 | +494% |
| Cash at bank and in hand | 54/58 | €207 | €4,527 | +€4,320 | +2,083% |
| Deferred charges and accrued income | 490/1 | €3,467 | €3,117 | -€350 | -10.1% |
| Total equity and liabilities | 10/49 | €158,412 | €167,751 | +€9,339 | +5.9% |
| Equity | 10/15 | -€71,785 | -€124,473 | -€52,688 | -73.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,860 | €28,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,245 | -€171,933 | -€52,688 | -44.2% |
| Amounts payable | 17/49 | €230,197 | €292,223 | +€62,026 | +26.9% |
| Amounts payable after more than one year | 17 | €23,341 | €11,564 | -€11,777 | -50.5% |
| Financial debts | 170/4 | €23,341 | €11,564 | -€11,777 | -50.5% |
| Amounts payable within one year | 42/48 | €206,856 | €280,660 | +€73,803 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €11,995 | €12,422 | +€426 | +3.6% |
| Financial debts | 43 | €1,820 | €4,275 | +€2,455 | +135% |
| Credit institutions | 430/8 | €1,820 | €4,275 | +€2,455 | +135% |
| Trade debts | 44 | €81,541 | €89,136 | +€7,595 | +9.3% |
| Suppliers | 440/4 | €81,541 | €89,136 | +€7,595 | +9.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,349 | €2,889 | -€460 | -13.7% |
| Taxes | 450/3 | €3,349 | €2,889 | -€460 | -13.7% |
| Other amounts payable | 47/48 | €108,150 | €171,937 | +€63,787 | +59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,084 | €20,757 | +€673 | +3.4% |
| Other operating charges | 640/8 | €1,290 | €1,143 | -€147 | -11.4% |
| Gross operating margin | 9900 | -€24,526 | -€28,880 | -€4,354 | -17.8% |
| Operating profit (loss) | 9901 | -€45,900 | -€50,781 | -€4,881 | -10.6% |
| Financial income | 75/76B | €12 | €818 | +€806 | +6,788% |
| Recurring financial income | 75 | €12 | €818 | +€806 | +6,788% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,993 | €1,654 | -€338 | -17.0% |
| Recurring financial charges | 65 | €1,993 | €1,654 | -€338 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€47,881 | -€51,617 | -€3,736 | -7.8% |
| Income taxes | 67/77 | €134 | €1,071 | +€937 | +698% |
| Profit (loss) for the period | 9904 | -€48,015 | -€52,688 | -€4,673 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,015 | -€52,688 | -€4,673 | -9.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.