BUCCOLERI VINCENT: 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.
BUCCOLERI VINCENT
Largest movements
- Cash +€194,564
up €194,564 (+81.4%), from €238,986 to €433,550
mainly Receivables within one year (+€160,239) and Net result for the year (+€52,085)
- Receivables within one year -€160,239
down €160,239 (-34.5%), from €464,998 to €304,759
of which Trade receivables: -€125,639
- Reserves +€52,085
up €52,085 (+8.0%), from €652,146 to €704,231
of which Distributable reserves: +€52,085
- Trade debts -€29,153
down €29,153 (-98.0%), from €29,744 to €590
- Tax, wage and social debts +€11,164
up €11,164 (+300%), from €3,723 to €14,887
- Gross operating margin +€10,868
up €10,868 (+16.2%), from €67,114 to €77,982
- Taxes -€1,537
down €1,537 (-5.9%), from €26,161 to €24,624
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 | €704,212 | €738,309 | +€34,096 | +4.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €704,212 | €738,309 | +€34,096 | +4.8% |
| Amounts receivable within one year | 40/41 | €464,998 | €304,759 | -€160,239 | -34.5% |
| Trade receivables | 40 | €406,799 | €281,160 | -€125,639 | -30.9% |
| Other amounts receivable | 41 | €58,199 | €23,599 | -€34,600 | -59.5% |
| Cash at bank and in hand | 54/58 | €238,986 | €433,550 | +€194,564 | +81.4% |
| Deferred charges and accrued income | 490/1 | €229 | €0 | -€229 | -100% |
| Total equity and liabilities | 10/49 | €704,212 | €738,309 | +€34,096 | +4.8% |
| Equity | 10/15 | €670,746 | €722,831 | +€52,085 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €652,146 | €704,231 | +€52,085 | +8.0% |
| 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 | €650,286 | €702,371 | +€52,085 | +8.0% |
| Amounts payable | 17/49 | €33,467 | €15,477 | -€17,989 | -53.8% |
| Amounts payable within one year | 42/48 | €33,467 | €15,477 | -€17,989 | -53.8% |
| Trade debts | 44 | €29,744 | €590 | -€29,153 | -98.0% |
| Suppliers | 440/4 | €29,744 | €590 | -€29,153 | -98.0% |
| Taxes, remuneration and social security | 45 | €3,723 | €14,887 | +€11,164 | +300% |
| Taxes | 450/3 | €3,723 | €14,887 | +€11,164 | +300% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340 | €0 | -€340 | -100% |
| Other operating charges | 640/8 | €1,545 | €928 | -€616 | -39.9% |
| Gross operating margin | 9900 | €67,114 | €77,982 | +€10,868 | +16.2% |
| Operating profit (loss) | 9901 | €65,229 | €77,054 | +€11,825 | +18.1% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €578 | €345 | -€233 | -40.4% |
| Recurring financial charges | 65 | €578 | €345 | -€233 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €64,654 | €76,709 | +€12,055 | +18.6% |
| Income taxes | 67/77 | €26,161 | €24,624 | -€1,537 | -5.9% |
| Profit (loss) for the period | 9904 | €38,493 | €52,085 | +€13,592 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,493 | €52,085 | +€13,592 | +35.3% |
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 28 October 2026 via checked.be.