BUCHAN: what changed
BUCHAN
Largest movements
- Receivables after one year +€370,000
new in 2025: €370,000
- Tangible fixed assets -€126,761
down €126,761 (-90.2%), from €140,473 to €13,712
of which Other tangible fixed assets: -€122,175
- Cash -€77,055
down €77,055 (-99.2%), from €77,702 to €648
mainly Receivables after one year (-€370,000) and Receivables within one year (-€3,345)
- Deferred charges and accrued income -€7,409
down €7,409 (-23.2%), from €31,879 to €24,471
- Other debts +€62,080
up €62,080 (+5,942%), from €1,045 to €63,125
- Debts after one year +€35,580
up €35,580 (+21.6%), from €164,788 to €200,368
- Reserves +€25,296
up €25,296 (+57.6%), from €43,952 to €69,248
- Trade debts +€17,143
up €17,143 (+141%), from €12,176 to €29,318
- Tax, wage and social debts +€14,136
up €14,136 (+27.7%), from €51,060 to €65,196
- Gross operating margin -€108,759
down €108,759 (-70.3%), from €154,674 to €45,916
- Taxes -€17,946
down €17,946 (-76.5%), from €23,455 to €5,509
- Financial income +€11,883
up €11,883 (+4,128%), from €288 to €12,170
- Financial charges +€10,583
up €10,583 (+475%), from €2,228 to €12,811
- Depreciation -€3,025
down €3,025 (-39.7%), from €7,611 to €4,586
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,759 | €452,880 | +€162,121 | +55.8% |
| Fixed assets | 21/28 | €140,473 | €13,712 | -€126,761 | -90.2% |
| Tangible fixed assets | 22/27 | €140,473 | €13,712 | -€126,761 | -90.2% |
| Furniture and vehicles | 24 | €18,298 | €13,712 | -€4,586 | -25.1% |
| Other tangible fixed assets | 26 | €122,175 | €0 | -€122,175 | -100% |
| Current assets | 29/58 | €150,287 | €439,169 | +€288,882 | +192% |
| Amounts receivable after more than one year | 29 | - | €370,000 | +€370,000 | |
| Other amounts receivable | 291 | - | €370,000 | +€370,000 | |
| Amounts receivable within one year | 40/41 | €40,705 | €44,050 | +€3,345 | +8.2% |
| Trade receivables | 40 | €38,500 | €42,207 | +€3,707 | +9.6% |
| Other amounts receivable | 41 | €2,205 | €1,843 | -€362 | -16.4% |
| Cash at bank and in hand | 54/58 | €77,702 | €648 | -€77,055 | -99.2% |
| Deferred charges and accrued income | 490/1 | €31,879 | €24,471 | -€7,409 | -23.2% |
| Total equity and liabilities | 10/49 | €290,759 | €452,880 | +€162,121 | +55.8% |
| Equity | 10/15 | €48,952 | €74,248 | +€25,296 | +51.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €43,952 | €69,248 | +€25,296 | +57.6% |
| Distributable reserves | 133 | €43,952 | €69,248 | +€25,296 | +57.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €241,807 | €378,632 | +€136,825 | +56.6% |
| Amounts payable after more than one year | 17 | €164,788 | €200,368 | +€35,580 | +21.6% |
| Financial debts | 170/4 | €164,788 | €200,368 | +€35,580 | +21.6% |
| Amounts payable within one year | 42/48 | €77,019 | €178,264 | +€101,245 | +131% |
| Current portion of amounts payable after more than one year | 42 | €12,738 | €19,632 | +€6,893 | +54.1% |
| Financial debts | 43 | - | €993 | +€993 | |
| Credit institutions | 430/8 | - | €993 | +€993 | |
| Trade debts | 44 | €12,176 | €29,318 | +€17,143 | +141% |
| Suppliers | 440/4 | €12,176 | €29,318 | +€17,143 | +141% |
| Taxes, remuneration and social security | 45 | €51,060 | €65,196 | +€14,136 | +27.7% |
| Taxes | 450/3 | €51,060 | €65,196 | +€14,136 | +27.7% |
| Other amounts payable | 47/48 | €1,045 | €63,125 | +€62,080 | +5,942% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,611 | €4,586 | -€3,025 | -39.7% |
| Other operating charges | 640/8 | €8,999 | €9,884 | +€885 | +9.8% |
| Gross operating margin | 9900 | €154,674 | €45,916 | -€108,759 | -70.3% |
| Operating profit (loss) | 9901 | €138,063 | €31,445 | -€106,618 | -77.2% |
| Financial income | 75/76B | €288 | €12,170 | +€11,883 | +4,128% |
| Recurring financial income | 75 | €288 | €12,170 | +€11,883 | +4,128% |
| Financial charges | 65/66B | €2,228 | €12,811 | +€10,583 | +475% |
| Recurring financial charges | 65 | €2,228 | €12,811 | +€10,583 | +475% |
| Profit (loss) for the period before taxes | 9903 | €136,124 | €30,805 | -€105,319 | -77.4% |
| Income taxes | 67/77 | €23,455 | €5,509 | -€17,946 | -76.5% |
| Profit (loss) for the period | 9904 | €112,669 | €25,296 | -€87,373 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,669 | €25,296 | -€87,373 | -77.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.