BUCKEYE CONSULTING: 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.
BUCKEYE CONSULTING
Largest movements
- Receivables within one year +€43,060
up €43,060 (+492%), from €8,750 to €51,810
of which Trade receivables: +€41,179
- Tangible fixed assets +€41,288
up €41,288 (+1,866%), from €2,213 to €43,501
- Receivables after one year +€15,000
new in 2025: €15,000
- Cash +€8,145
up €8,145 (+14.3%), from €56,799 to €64,944
mainly Net result for the year (+€60,989) and Tax, wage and social debts (+€20,624)
- Reserves +€52,989
up €52,989 (+124%), from €42,876 to €95,865
- Tax, wage and social debts +€20,624
up €20,624 (+98.2%), from €20,995 to €41,619
- Debts after one year +€16,452
new in 2025: €16,452
- Current portion of long-term debt +€11,134
new in 2025: €11,134
- Other debts +€6,319
up €6,319 (+376%), from €1,681 to €8,000
- Gross operating margin +€31,256
up €31,256 (+56.0%), from €55,804 to €87,060
- Depreciation +€8,174
up €8,174 (+4,490%), from €182 to €8,356
- Taxes +€4,460
up €4,460 (+38.0%), from €11,724 to €16,184
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 | €69,427 | €176,992 | +€107,565 | +155% |
| Fixed assets | 21/28 | €2,213 | €43,501 | +€41,288 | +1,866% |
| Tangible fixed assets | 22/27 | €2,213 | €43,501 | +€41,288 | +1,866% |
| Furniture and vehicles | 24 | €2,213 | €43,501 | +€41,288 | +1,866% |
| Current assets | 29/58 | €67,214 | €133,491 | +€66,277 | +98.6% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Trade receivables | 290 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €8,750 | €51,810 | +€43,060 | +492% |
| Trade receivables | 40 | - | €41,179 | +€41,179 | |
| Other amounts receivable | 41 | €8,750 | €10,631 | +€1,881 | +21.5% |
| Cash at bank and in hand | 54/58 | €56,799 | €64,944 | +€8,145 | +14.3% |
| Deferred charges and accrued income | 490/1 | €1,665 | €1,737 | +€72 | +4.4% |
| Total equity and liabilities | 10/49 | €69,427 | €176,992 | +€107,565 | +155% |
| Equity | 10/15 | €45,876 | €98,865 | +€52,989 | +116% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,876 | €95,865 | +€52,989 | +124% |
| Distributable reserves | 133 | €42,876 | €95,865 | +€52,989 | +124% |
| Amounts payable | 17/49 | €23,551 | €78,127 | +€54,576 | +232% |
| Amounts payable after more than one year | 17 | - | €16,452 | +€16,452 | |
| Financial debts | 170/4 | - | €16,452 | +€16,452 | |
| Amounts payable within one year | 42/48 | €23,551 | €61,675 | +€38,124 | +162% |
| Current portion of amounts payable after more than one year | 42 | - | €11,134 | +€11,134 | |
| Trade debts | 44 | €875 | €923 | +€48 | +5.4% |
| Suppliers | 440/4 | €875 | €923 | +€48 | +5.4% |
| Taxes, remuneration and social security | 45 | €20,995 | €41,619 | +€20,624 | +98.2% |
| Taxes | 450/3 | €20,995 | €41,619 | +€20,624 | +98.2% |
| Other amounts payable | 47/48 | €1,681 | €8,000 | +€6,319 | +376% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €8,356 | +€8,174 | +4,490% |
| Other operating charges | 640/8 | €118 | €634 | +€516 | +437% |
| Gross operating margin | 9900 | €55,804 | €87,060 | +€31,256 | +56.0% |
| Operating profit (loss) | 9901 | €55,504 | €78,070 | +€22,566 | +40.7% |
| Financial charges | 65/66B | €46 | €898 | +€852 | +1,871% |
| Recurring financial charges | 65 | €46 | €898 | +€852 | +1,871% |
| Profit (loss) for the period before taxes | 9903 | €55,458 | €77,172 | +€21,714 | +39.2% |
| Income taxes | 67/77 | €11,724 | €16,184 | +€4,460 | +38.0% |
| Profit (loss) for the period | 9904 | €43,735 | €60,989 | +€17,254 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,735 | €60,989 | +€17,254 | +39.5% |
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 25 October 2026 via checked.be.