BUD-MAR: 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.
BUD-MAR
Largest movements
- Receivables within one year -€6,744
down €6,744 (-25.0%), from €26,942 to €20,198
of which Trade receivables: -€7,131
- Tangible fixed assets -€5,775
down €5,775 (-78.9%), from €7,324 to €1,549
of which Furniture and vehicles: -€4,691
- Deferred charges and accrued income +€822
up €822 (+103%), from €799 to €1,621
- Profit (loss) carried forward -€11,660
down €11,660 (-47.2%), from -€24,720 to -€36,380
- Trade debts -€6,872
down €6,872 (-44.0%), from €15,602 to €8,731
- Other debts +€4,582
up €4,582 (+85.6%), from €5,351 to €9,932
- Short-term financial debts +€2,229
up €2,229 (+13.0%), from €17,147 to €19,376
- Gross operating margin +€13,515
up €13,515 (+83.9%), from -€16,104 to -€2,589
- Financial charges +€1,658
up €1,658 (+124%), from €1,339 to €2,997
- Other operating charges -€1,209
down €1,209 (-80.2%), from €1,508 to €299
- Taxes -€292
no longer reported in 2024 (was €292)
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,846 | €24,149 | -€11,697 | -32.6% |
| Fixed assets | 21/28 | €8,105 | €2,330 | -€5,775 | -71.3% |
| Tangible fixed assets | 22/27 | €7,324 | €1,549 | -€5,775 | -78.9% |
| Plant, machinery and equipment | 23 | €2,633 | €1,549 | -€1,084 | -41.2% |
| Furniture and vehicles | 24 | €4,691 | - | -€4,691 | |
| Financial fixed assets | 28 | €781 | €781 | = | 0.0% |
| Current assets | 29/58 | €27,741 | €21,819 | -€5,922 | -21.3% |
| Amounts receivable within one year | 40/41 | €26,942 | €20,198 | -€6,744 | -25.0% |
| Trade receivables | 40 | €26,942 | €19,811 | -€7,131 | -26.5% |
| Other amounts receivable | 41 | - | €387 | +€387 | |
| Deferred charges and accrued income | 490/1 | €799 | €1,621 | +€822 | +103% |
| Total equity and liabilities | 10/49 | €35,846 | €24,149 | -€11,697 | -32.6% |
| Equity | 10/15 | -€4,260 | -€15,920 | -€11,660 | -274% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€24,720 | -€36,380 | -€11,660 | -47.2% |
| Amounts payable | 17/49 | €40,106 | €40,069 | -€37 | -0.1% |
| Amounts payable within one year | 42/48 | €40,106 | €40,069 | -€37 | -0.1% |
| Financial debts | 43 | €17,147 | €19,376 | +€2,229 | +13.0% |
| Credit institutions | 430/8 | €17,147 | €19,376 | +€2,229 | +13.0% |
| Trade debts | 44 | €15,602 | €8,731 | -€6,872 | -44.0% |
| Suppliers | 440/4 | €15,602 | €8,731 | -€6,872 | -44.0% |
| Taxes, remuneration and social security | 45 | €2,006 | €2,031 | +€25 | +1.2% |
| Taxes | 450/3 | €2,006 | €2,031 | +€25 | +1.2% |
| Other amounts payable | 47/48 | €5,351 | €9,932 | +€4,582 | +85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,705 | €5,775 | +€71 | +1.2% |
| Other operating charges | 640/8 | €1,508 | €299 | -€1,209 | -80.2% |
| Gross operating margin | 9900 | -€16,104 | -€2,589 | +€13,515 | +83.9% |
| Operating profit (loss) | 9901 | -€23,316 | -€8,663 | +€14,653 | +62.8% |
| Financial charges | 65/66B | €1,339 | €2,997 | +€1,658 | +124% |
| Recurring financial charges | 65 | €1,339 | €2,997 | +€1,658 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€24,655 | -€11,660 | +€12,995 | +52.7% |
| Income taxes | 67/77 | €292 | - | -€292 | |
| Profit (loss) for the period | 9904 | -€24,947 | -€11,660 | +€13,287 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,947 | -€11,660 | +€13,287 | +53.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.