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BUBE: what changed

Two fiscal 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.

What changed

BUBE

BE 0849.370.305
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,242
2024 · -€489,991+€502,233
Equity
€1.2m
2024 · €1.2m+€12,242
Cash
€509,305
2024 · €21,496+€487,809
Balance sheet total
€1.2m
2024 · €1.2m+€11,998

Largest movements

2024 to 2025
Assets
  • Cash +€487,809

    up €487,809 (+2269.3%), from €21,496 to €509,305

    mainly Current investments (+€480,000) and Net result for the year (+€12,242)

  • Current investments -€480,000

    down €480,000 (-100.0%), from €480,000 to €0

Equity and liabilities
  • Profit (loss) carried forward +€12,242

    up €12,242 (+4.3%), from -€283,508 to -€271,266

Income statement
  • Financial income +€8,724

    up €8,724 (+70.6%), from €12,352 to €21,076

  • Taxes +€1,964

    up €1,964 (+133.9%), from €1,467 to €3,431

  • Gross operating margin +€1,346

    up €1,346 (+24.7%), from -€5,453 to -€4,107

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€489,991
Gross operating margin +€1,346
Other operating charges -€18
Other operating items +€494,095
Financial income +€8,724
Financial charges +€51
Taxes -€1,964
Result 2025 €12,242

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,809
Investment +€480,000
Financing €0
Cash 2024 €21,496
Net result for the year +€12,242
Receivables within one year -€1,500
Deferred charges and accrued income -€2,689
Trade debts -€244
Current investments +€480,000
Cash 2025 €509,305
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,185,016 €1,197,014 +€11,998 +1.0%
Fixed assets 21/28 €674,850 €674,850 = 0.0%
Financial fixed assets 28 €674,850 €674,850 = 0.0%
Current assets 29/58 €510,166 €522,164 +€11,998 +2.4%
Amounts receivable within one year 40/41 - €1,500 +€1,500
Other amounts receivable 41 - €1,500 +€1,500
Current investments 50/53 €480,000 €0 -€480,000 -100.0%
Cash at bank and in hand 54/58 €21,496 €509,305 +€487,809 +2269.3%
Deferred charges and accrued income 490/1 €8,670 €11,359 +€2,689 +31.0%
Total equity and liabilities 10/49 €1,185,016 €1,197,014 +€11,998 +1.0%
Equity 10/15 €1,179,933 €1,192,175 +€12,242 +1.0%
Contributions 10/11 €1,259,946 €1,259,946 = 0.0%
Reserves 13 €203,495 €203,495 = 0.0%
Distributable reserves 133 €203,495 €203,495 = 0.0%
Profit (loss) carried forward 14 -€283,508 -€271,266 +€12,242 +4.3%
Amounts payable 17/49 €5,083 €4,839 -€244 -4.8%
Amounts payable within one year 42/48 €5,083 €4,839 -€244 -4.8%
Trade debts 44 €2,811 €2,567 -€244 -8.7%
Suppliers 440/4 €2,811 €2,567 -€244 -8.7%
Other amounts payable 47/48 €2,273 €2,273 = 0.0%
Other operating charges 640/8 €1,175 €1,194 +€18 +1.6%
Non-recurring operating charges 66A €494,095 - -€494,095
Gross operating margin 9900 -€5,453 -€4,107 +€1,346 +24.7%
Operating profit (loss) 9901 -€500,723 -€5,300 +€495,423 +98.9%
Financial income 75/76B €12,352 €21,076 +€8,724 +70.6%
Recurring financial income 75 €12,352 €21,076 +€8,724 +70.6%
Financial charges 65/66B €153 €102 -€51 -33.3%
Recurring financial charges 65 €153 €102 -€51 -33.3%
Non-recurring financial charges 66B - €0 =
Profit (loss) for the period before taxes 9903 -€488,524 €15,673 +€504,198
Income taxes 67/77 €1,467 €3,431 +€1,964 +133.9%
Profit (loss) for the period 9904 -€489,991 €12,242 +€502,233
Profit (loss) for the period to be appropriated 9905 -€489,991 €12,242 +€502,233

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.