BUCON: 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.
BUCON
Largest movements
- Tangible fixed assets -€16,426
down €16,426 (-77.0%), from €21,331 to €4,905
of which Land and buildings: -€13,750
- Cash -€3,738
down €3,738 (-66.6%), from €5,614 to €1,877
mainly Advances received (-€21,160) and Receivables within one year (-€3,012)
- Receivables within one year +€3,012
up €3,012 (+28.1%), from €10,738 to €13,750
of which Other amounts receivable: +€11,467
- Advances received -€21,160
no longer reported in 2025 (was €21,160)
- Profit (loss) carried forward +€3,235
up €3,235 (+6.6%), from -€49,042 to -€45,807
- Tax, wage and social debts +€1,779
up €1,779 (+69.7%), from €2,553 to €4,331
- Trade debts -€1,178
down €1,178 (-48.3%), from €2,440 to €1,262
- Gross operating margin -€11,123
down €11,123 (-46.5%), from €23,932 to €12,809
- Depreciation -€4,173
down €4,173 (-60.9%), from €6,849 to €2,676
- Staff costs -€1,620
down €1,620 (-51.3%), from €3,160 to €1,540
- Taxes +€558
up €558 (+21.8%), from €2,557 to €3,115
- Other operating charges +€246
up €246 (+12.7%), from €1,933 to €2,178
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 | €39,353 | €22,301 | -€17,052 | -43.3% |
| Fixed assets | 21/28 | €21,331 | €4,905 | -€16,426 | -77.0% |
| Tangible fixed assets | 22/27 | €21,331 | €4,905 | -€16,426 | -77.0% |
| Land and buildings | 22 | €13,750 | - | -€13,750 | |
| Furniture and vehicles | 24 | €7,581 | €4,905 | -€2,676 | -35.3% |
| Current assets | 29/58 | €18,022 | €17,395 | -€627 | -3.5% |
| Amounts receivable within one year | 40/41 | €10,738 | €13,750 | +€3,012 | +28.1% |
| Trade receivables | 40 | €8,455 | - | -€8,455 | |
| Other amounts receivable | 41 | €2,283 | €13,750 | +€11,467 | +502% |
| Cash at bank and in hand | 54/58 | €5,614 | €1,877 | -€3,738 | -66.6% |
| Deferred charges and accrued income | 490/1 | €1,670 | €1,769 | +€98 | +5.9% |
| Total equity and liabilities | 10/49 | €39,353 | €22,301 | -€17,052 | -43.3% |
| Equity | 10/15 | €11,245 | €14,480 | +€3,235 | +28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,687 | €41,687 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,827 | €39,827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,042 | -€45,807 | +€3,235 | +6.6% |
| Amounts payable | 17/49 | €28,108 | €7,820 | -€20,288 | -72.2% |
| Amounts payable within one year | 42/48 | €28,108 | €7,820 | -€20,288 | -72.2% |
| Trade debts | 44 | €2,440 | €1,262 | -€1,178 | -48.3% |
| Suppliers | 440/4 | €2,440 | €1,262 | -€1,178 | -48.3% |
| Advances received on contracts in progress | 46 | €21,160 | - | -€21,160 | |
| Taxes, remuneration and social security | 45 | €2,553 | €4,331 | +€1,779 | +69.7% |
| Taxes | 450/3 | €2,553 | €4,331 | +€1,779 | +69.7% |
| Other amounts payable | 47/48 | €1,955 | €2,226 | +€272 | +13.9% |
| Remuneration, social security and pensions | 62 | €3,160 | €1,540 | -€1,620 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,849 | €2,676 | -€4,173 | -60.9% |
| Other operating charges | 640/8 | €1,933 | €2,178 | +€246 | +12.7% |
| Gross operating margin | 9900 | €23,932 | €12,809 | -€11,123 | -46.5% |
| Operating profit (loss) | 9901 | €11,990 | €6,415 | -€5,575 | -46.5% |
| Financial income | 75/76B | €24 | €15 | -€8 | -35.4% |
| Recurring financial income | 75 | €24 | €15 | -€8 | -35.4% |
| Financial charges | 65/66B | €107 | €81 | -€26 | -24.5% |
| Recurring financial charges | 65 | €107 | €81 | -€26 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €11,907 | €6,350 | -€5,557 | -46.7% |
| Income taxes | 67/77 | €2,557 | €3,115 | +€558 | +21.8% |
| Profit (loss) for the period | 9904 | €9,350 | €3,235 | -€6,115 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,350 | €3,235 | -€6,115 | -65.4% |
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 13 October 2026 via checked.be.