BUCOLICA: 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.
BUCOLICA
Largest movements
- Cash -€18,740
down €18,740 (-7.9%), from €237,766 to €219,026
mainly Investment in fixed assets (net) (-€57,170) and Debts after one year (-€14,682)
- Tangible fixed assets +€16,598
up €16,598 (+5.0%), from €332,555 to €349,153
of which Furniture and vehicles: +€37,028
- Receivables within one year +€7,911
up €7,911 (+118%), from €6,715 to €14,626
of which Other amounts receivable: +€7,021
- Reserves +€19,220
up €19,220 (+310%), from €6,200 to €25,420
of which Distributable reserves: +€19,220
- Debts after one year -€14,682
down €14,682 (-21.9%), from €67,087 to €52,405
- Staff costs -€19,916
down €19,916 (-12.7%), from €156,521 to €136,605
- Depreciation +€10,346
up €10,346 (+34.2%), from €30,227 to €40,572
- Gross operating margin -€6,327
down €6,327 (-2.9%), from €221,208 to €214,881
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 | €610,383 | €616,332 | +€5,948 | +1.0% |
| Fixed assets | 21/28 | €355,702 | €372,300 | +€16,598 | +4.7% |
| Tangible fixed assets | 22/27 | €332,555 | €349,153 | +€16,598 | +5.0% |
| Land and buildings | 22 | €314,742 | €303,218 | -€11,524 | -3.7% |
| Plant, machinery and equipment | 23 | €17,813 | €8,907 | -€8,907 | -50.0% |
| Furniture and vehicles | 24 | - | €37,028 | +€37,028 | |
| Financial fixed assets | 28 | €23,147 | €23,147 | = | 0.0% |
| Current assets | 29/58 | €254,681 | €244,032 | -€10,650 | -4.2% |
| Amounts receivable within one year | 40/41 | €6,715 | €14,626 | +€7,911 | +118% |
| Trade receivables | 40 | €1,961 | €2,852 | +€890 | +45.4% |
| Other amounts receivable | 41 | €4,753 | €11,775 | +€7,021 | +148% |
| Current investments | 50/53 | €10,200 | €10,379 | +€179 | +1.8% |
| Cash at bank and in hand | 54/58 | €237,766 | €219,026 | -€18,740 | -7.9% |
| Total equity and liabilities | 10/49 | €610,383 | €616,332 | +€5,948 | +1.0% |
| Equity | 10/15 | €517,545 | €536,765 | +€19,220 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €25,420 | +€19,220 | +310% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €19,220 | +€19,220 | |
| Profit (loss) carried forward | 14 | €449,345 | €449,345 | = | 0.0% |
| Amounts payable | 17/49 | €92,838 | €79,566 | -€13,272 | -14.3% |
| Amounts payable after more than one year | 17 | €67,087 | €52,405 | -€14,682 | -21.9% |
| Financial debts | 170/4 | €67,087 | €52,405 | -€14,682 | -21.9% |
| Amounts payable within one year | 42/48 | €25,752 | €27,161 | +€1,410 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,500 | +€500 | +25.0% |
| Trade debts | 44 | €1,581 | €2,450 | +€869 | +55.0% |
| Suppliers | 440/4 | €1,581 | €2,450 | +€869 | +55.0% |
| Taxes, remuneration and social security | 45 | €22,171 | €22,211 | +€41 | +0.2% |
| Remuneration and social security | 454/9 | €22,171 | €22,211 | +€41 | +0.2% |
| Remuneration, social security and pensions | 62 | €156,521 | €136,605 | -€19,916 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,227 | €40,572 | +€10,346 | +34.2% |
| Other operating charges | 640/8 | €3,377 | €3,400 | +€23 | +0.7% |
| Gross operating margin | 9900 | €221,208 | €214,881 | -€6,327 | -2.9% |
| Operating profit (loss) | 9901 | €31,083 | €34,304 | +€3,221 | +10.4% |
| Financial income | 75/76B | €917 | €179 | -€738 | -80.5% |
| Recurring financial income | 75 | €917 | €179 | -€738 | -80.5% |
| Financial charges | 65/66B | €8,182 | €8,577 | +€396 | +4.8% |
| Recurring financial charges | 65 | €8,182 | €8,577 | +€396 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €23,818 | €25,906 | +€2,088 | +8.8% |
| Income taxes | 67/77 | €4,481 | €6,686 | +€2,205 | +49.2% |
| Profit (loss) for the period | 9904 | €19,338 | €19,220 | -€117 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,338 | €19,220 | -€117 | -0.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.