BUCOMAT: what changed
Two fiscal 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
BUCOMAT
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,706
2024 · €27,396-€24,690
Equity
€1.2m
2024 · €1.2m+€2,706
Cash
€69,292
2024 · €58,526+€10,766
Balance sheet total
€4.0m
2024 · €4.2m-€218,243
Largest movements
Assets
- Receivables within one year -€418,352
down €418,352 (-60.3%), from €694,041 to €275,689
of which Trade receivables: -€417,986
- Stocks and contracts +€376,077
up €376,077 (+15.0%), from €2.5m to €2.9m
- Tangible fixed assets -€182,212
down €182,212 (-20.5%), from €886,820 to €704,608
of which Leasing and similar rights: -€151,127
Equity and liabilities
- Debts after one year -€155,783
down €155,783 (-52.2%), from €298,319 to €142,536
- Other debts +€140,176
up €140,176 (+13.2%), from €1.1m to €1.2m
- Trade debts -€139,238
down €139,238 (-22.8%), from €611,109 to €471,871
- Current portion of long-term debt -€96,384
down €96,384 (-38.2%), from €252,167 to €155,783
Income statement
- Gross operating margin -€377,939
down €377,939 (-18.4%), from €2.1m to €1.7m
- Staff costs -€322,904
down €322,904 (-20.0%), from €1.6m to €1.3m
- Financial charges -€25,534
down €25,534 (-16.1%), from €158,456 to €132,923
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
€27,396
Gross operating margin
-€377,939
Staff costs
+€322,904
Depreciation
+€6,798
Other operating charges
-€114
Financial income
-€1,026
Financial charges
+€25,534
Taxes
-€847
Result 2025
€2,706
Cash bridge derived
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
+€305,015
Investment
-€52,894
Financing
-€241,354
Cash 2024
€58,526
From operations (derived)
+€305,015
Net result for the year
+€2,706
Depreciation
+€245,106
Stocks and contracts
-€376,077
Receivables within one year
+€418,352
Deferred charges and accrued income
-€5,477
Trade debts
-€139,238
Tax, wage and social debts
+€24,832
Other debts
+€140,176
Accrued charges and deferred income
-€5,366
Investment (derived)
-€52,894
Investment in fixed assets (net)
-€52,894
Financing
-€241,354
Debts after one year
-€155,783
Current portion of long-term debt
-€96,384
Short-term financial debts
+€10,812
Cash 2025
€69,292
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,228,955 | €4,010,712 | -€218,243 | -5.2% |
| Fixed assets | 21/28 | €907,150 | €714,939 | -€192,212 | -21.2% |
| Intangible fixed assets | 21 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Tangible fixed assets | 22/27 | €886,820 | €704,608 | -€182,212 | -20.5% |
| Plant, machinery and equipment | 23 | €44,474 | €29,405 | -€15,068 | -33.9% |
| Furniture and vehicles | 24 | €318,457 | €302,442 | -€16,016 | -5.0% |
| Leasing and similar rights | 25 | €523,888 | €372,761 | -€151,127 | -28.8% |
| Financial fixed assets | 28 | €331 | €331 | = | 0.0% |
| Current assets | 29/58 | €3,321,805 | €3,295,773 | -€26,032 | -0.8% |
| Stocks and contracts in progress | 3 | €2,508,424 | €2,884,501 | +€376,077 | +15.0% |
| Stocks | 30/36 | €2,508,424 | €2,884,501 | +€376,077 | +15.0% |
| Amounts receivable within one year | 40/41 | €694,041 | €275,689 | -€418,352 | -60.3% |
| Trade receivables | 40 | €684,765 | €266,779 | -€417,986 | -61.0% |
| Other amounts receivable | 41 | €9,276 | €8,910 | -€366 | -3.9% |
| Cash at bank and in hand | 54/58 | €58,526 | €69,292 | +€10,766 | +18.4% |
| Deferred charges and accrued income | 490/1 | €60,815 | €66,292 | +€5,477 | +9.0% |
| Total equity and liabilities | 10/49 | €4,228,955 | €4,010,712 | -€218,243 | -5.2% |
| Equity | 10/15 | €1,151,226 | €1,153,932 | +€2,706 | +0.2% |
| Contributions | 10/11 | €1,062,000 | €1,062,000 | = | 0.0% |
| Reserves | 13 | €89,226 | €91,932 | +€2,706 | +3.0% |
| Tax-exempt reserves | 132 | €7,383 | €7,383 | = | 0.0% |
| Distributable reserves | 133 | €81,843 | €84,549 | +€2,706 | +3.3% |
| Amounts payable | 17/49 | €3,077,729 | €2,856,780 | -€220,949 | -7.2% |
| Amounts payable after more than one year | 17 | €298,319 | €142,536 | -€155,783 | -52.2% |
| Financial debts | 170/4 | €298,319 | €142,536 | -€155,783 | -52.2% |
| Amounts payable within one year | 42/48 | €2,750,309 | €2,690,508 | -€59,800 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €252,167 | €155,783 | -€96,384 | -38.2% |
| Financial debts | 43 | €518,366 | €529,179 | +€10,812 | +2.1% |
| Credit institutions | 430/8 | €518,366 | €529,179 | +€10,812 | +2.1% |
| Trade debts | 44 | €611,109 | €471,871 | -€139,238 | -22.8% |
| Suppliers | 440/4 | €611,109 | €471,871 | -€139,238 | -22.8% |
| Taxes, remuneration and social security | 45 | €307,617 | €332,450 | +€24,832 | +8.1% |
| Taxes | 450/3 | €16,027 | €96,361 | +€80,334 | +501.3% |
| Remuneration and social security | 454/9 | €291,591 | €236,089 | -€55,502 | -19.0% |
| Other amounts payable | 47/48 | €1,061,049 | €1,201,225 | +€140,176 | +13.2% |
| Accrued charges and deferred income | 492/3 | €29,101 | €23,735 | -€5,366 | -18.4% |
| Non-recurring operating income | 76A | €4,100 | €3,926 | -€174 | -4.2% |
| Remuneration, social security and pensions | 62 | €1,613,140 | €1,290,236 | -€322,904 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,904 | €245,106 | -€6,798 | -2.7% |
| Other operating charges | 640/8 | €8,974 | €9,088 | +€114 | +1.3% |
| Gross operating margin | 9900 | €2,059,233 | €1,681,294 | -€377,939 | -18.4% |
| Operating profit (loss) | 9901 | €185,215 | €136,865 | -€48,351 | -26.1% |
| Financial income | 75/76B | €1,026 | €0 | -€1,026 | -100.0% |
| Recurring financial income | 75 | €1,026 | €0 | -€1,026 | -100.0% |
| Financial charges | 65/66B | €158,456 | €132,923 | -€25,534 | -16.1% |
| Recurring financial charges | 65 | €158,456 | €132,923 | -€25,534 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €27,785 | €3,942 | -€23,843 | -85.8% |
| Income taxes | 67/77 | €389 | €1,236 | +€847 | +217.8% |
| Profit (loss) for the period | 9904 | €27,396 | €2,706 | -€24,690 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,396 | €2,706 | -€24,690 | -90.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.