BUBO IT PARTNERS: 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.
What changed
BUBO IT PARTNERS
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€504,333
2024 · -€592,003+€87,670
Equity
€8.7m
2024 · €9.2m-€504,333
Cash
€4,076
2024 · €107,895-€103,819
Balance sheet total
€21.6m
2024 · €21.7m-€26,512
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves -€504,333
down €504,333 (-8.4%), from €6.0m to €5.5m
- Other debts +€438,162
up €438,162 (+19.5%), from €2.2m to €2.7m
- Current portion of long-term debt +€326,518
up €326,518 (+29.0%), from €1.1m to €1.5m
- Trade debts -€260,878
down €260,878 (-42.9%), from €608,112 to €347,234
Income statement
- Turnover -€325,350
down €325,350 (-22.5%), from €1.4m to €1.1m
- Services and other goods -€277,136
down €277,136 (-21.3%), from €1.3m to €1.0m
- Financial charges -€159,986
down €159,986 (-21.8%), from €733,650 to €573,664
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.
Result 2024
-€592,003
Turnover
-€325,350
Other operating income
+€338
Services and other goods
+€277,136
Depreciation
-€6,087
Other operating charges
-€10,868
Financial income
-€2,674
Financial charges
+€159,986
Taxes
-€4,812
Result 2025
-€504,333
raises the resultlowers the result
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.
From operations
-€362,439
Investment
-€38,624
Financing
+€297,245
Cash 2024
€107,895
From operations (derived)
-€362,439
Net result for the year
-€504,333
Depreciation
+€14,468
Receivables within one year
-€45,179
Deferred charges and accrued income
-€7,971
Trade debts
-€260,878
Tax, wage and social debts
-€70,619
Other debts
+€438,162
Accrued charges and deferred income
+€73,910
Investment (derived)
-€38,624
Investment in fixed assets (net)
-€38,624
Financing
+€297,245
Debts after one year
-€29,273
Current portion of long-term debt
+€326,518
Cash 2025
€4,076
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,673,132 | €21,646,620 | -€26,512 | -0.1% |
| Fixed assets | 21/28 | €21,216,276 | €21,240,433 | +€24,156 | +0.1% |
| Intangible fixed assets | 21 | €20,174 | €54,181 | +€34,007 | +169% |
| Tangible fixed assets | 22/27 | €49,904 | €40,054 | -€9,850 | -19.7% |
| Furniture and vehicles | 24 | €49,904 | €40,054 | -€9,850 | -19.7% |
| Financial fixed assets | 28 | €21,146,198 | €21,146,198 | = | 0.0% |
| Affiliated companies | 280/1 | €21,146,198 | €21,146,198 | = | 0.0% |
| Participating interests | 280 | €21,146,198 | €21,146,198 | = | 0.0% |
| Current assets | 29/58 | €456,856 | €406,187 | -€50,669 | -11.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €344,226 | €389,405 | +€45,179 | +13.1% |
| Trade receivables | 40 | €343,042 | €375,260 | +€32,218 | +9.4% |
| Other amounts receivable | 41 | €1,184 | €14,145 | +€12,962 | +1,095% |
| Cash at bank and in hand | 54/58 | €107,895 | €4,076 | -€103,819 | -96.2% |
| Deferred charges and accrued income | 490/1 | €4,736 | €12,706 | +€7,971 | +168% |
| Total equity and liabilities | 10/49 | €21,673,132 | €21,646,620 | -€26,512 | -0.1% |
| Equity | 10/15 | €9,185,561 | €8,681,227 | -€504,333 | -5.5% |
| Contributions | 10/11 | €3,200,000 | €3,200,000 | = | 0.0% |
| Reserves | 13 | €5,985,561 | €5,481,227 | -€504,333 | -8.4% |
| Distributable reserves | 133 | €5,985,561 | €5,481,227 | -€504,333 | -8.4% |
| Amounts payable | 17/49 | €12,487,572 | €12,965,393 | +€477,821 | +3.8% |
| Amounts payable after more than one year | 17 | €8,384,779 | €8,355,507 | -€29,273 | -0.3% |
| Financial debts | 170/4 | €8,384,779 | €8,355,507 | -€29,273 | -0.3% |
| Subordinated loans | 170 | €6,054,267 | €6,659,694 | +€605,427 | +10.0% |
| Credit institutions | 173 | €2,330,512 | €1,695,813 | -€634,699 | -27.2% |
| Amounts payable within one year | 42/48 | €4,068,145 | €4,501,328 | +€433,183 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €1,127,759 | €1,454,277 | +€326,518 | +29.0% |
| Trade debts | 44 | €608,112 | €347,234 | -€260,878 | -42.9% |
| Suppliers | 440/4 | €608,112 | €347,234 | -€260,878 | -42.9% |
| Taxes, remuneration and social security | 45 | €82,473 | €11,854 | -€70,619 | -85.6% |
| Taxes | 450/3 | €82,473 | €11,854 | -€70,619 | -85.6% |
| Other amounts payable | 47/48 | €2,249,800 | €2,687,963 | +€438,162 | +19.5% |
| Accrued charges and deferred income | 492/3 | €34,648 | €108,558 | +€73,910 | +213% |
| Operating income | 70/76A | €1,447,600 | €1,122,588 | -€325,012 | -22.5% |
| Turnover | 70 | €1,447,600 | €1,122,250 | -€325,350 | -22.5% |
| Other operating income | 74 | - | €338 | +€338 | |
| Operating charges | 60/66A | €1,308,616 | €1,048,434 | -€260,181 | -19.9% |
| Services and other goods | 61 | €1,298,704 | €1,021,568 | -€277,136 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,381 | €14,468 | +€6,087 | +72.6% |
| Other operating charges | 640/8 | €1,531 | €12,399 | +€10,868 | +710% |
| Operating profit (loss) | 9901 | €138,984 | €74,154 | -€64,830 | -46.6% |
| Financial income | 75/76B | €2,851 | €177 | -€2,674 | -93.8% |
| Recurring financial income | 75 | €2,851 | €177 | -€2,674 | -93.8% |
| Income from current assets | 751 | €2,851 | €177 | -€2,674 | -93.8% |
| Financial charges | 65/66B | €733,650 | €573,664 | -€159,986 | -21.8% |
| Recurring financial charges | 65 | €733,650 | €573,664 | -€159,986 | -21.8% |
| Debt charges | 650 | €731,344 | €571,999 | -€159,345 | -21.8% |
| Other financial charges | 652/9 | €2,306 | €1,666 | -€641 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€591,814 | -€499,333 | +€92,482 | +15.6% |
| Income taxes | 67/77 | €189 | €5,000 | +€4,812 | +2,547% |
| Taxes | 670/3 | €189 | €5,000 | +€4,812 | +2,547% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€592,003 | -€504,333 | +€87,670 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€592,003 | -€504,333 | +€87,670 | +14.8% |
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 13 October 2026 via checked.be.