BUDGET GLASS: what changed
What changed
BUDGET GLASS
NACE 95.313, Repair and fitting of specific motor vehicle parts
filed annual accounts (NBB)
Net result for the year
€2,325
2024 · €1,210+€1,115
Equity
€46,994
2024 · €44,670+€2,325
Cash
€52,625
2024 · €69,018-€16,393
Balance sheet total
€730,704
2024 · €808,797-€78,093
Largest movements
Assets
- Tangible fixed assets -€70,232
down €70,232 (-14.0%), from €500,647 to €430,415
of which Furniture and vehicles: -€39,029
- Cash -€16,393
down €16,393 (-23.8%), from €69,018 to €52,625
mainly Debts after one year (-€67,887) and Trade debts (-€14,544)
Equity and liabilities
- Debts after one year -€67,887
down €67,887 (-28.0%), from €242,729 to €174,842
- Trade debts -€14,544
down €14,544 (-8.5%), from €171,176 to €156,632
Income statement
- Gross operating margin +€38,868
up €38,868 (+9.1%), from €425,864 to €464,733
- Staff costs +€34,412
up €34,412 (+10.0%), from €342,445 to €376,857
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,210
Gross operating margin
+€38,868
Staff costs
-€34,412
Depreciation
-€3,076
Other operating charges
-€1,741
Financial income
-€218
Financial charges
+€2,037
Taxes
-€343
Result 2025
€2,325
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€51,269
Investment
€0
Financing
-€67,663
Cash 2024
€69,018
From operations (derived)
+€51,269
Net result for the year
+€2,325
Depreciation
+€70,232
Stocks and contracts
+€328
Receivables within one year
-€1,507
Deferred charges and accrued income
-€7,354
Trade debts
-€14,544
Tax, wage and social debts
-€211
Other debts
+€2,000
Financing
-€67,663
Debts after one year
-€67,887
Current portion of long-term debt
+€224
Cash 2025
€52,625
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €808,797 | €730,704 | -€78,093 | -9.7% |
| Fixed assets | 21/28 | €509,036 | €438,804 | -€70,232 | -13.8% |
| Tangible fixed assets | 22/27 | €500,647 | €430,415 | -€70,232 | -14.0% |
| Land and buildings | 22 | €336,414 | €312,739 | -€23,675 | -7.0% |
| Plant, machinery and equipment | 23 | €24,865 | €18,312 | -€6,553 | -26.4% |
| Furniture and vehicles | 24 | €137,424 | €98,395 | -€39,029 | -28.4% |
| Other tangible fixed assets | 26 | €1,943 | €969 | -€974 | -50.1% |
| Financial fixed assets | 28 | €8,389 | €8,389 | = | 0.0% |
| Current assets | 29/58 | €299,761 | €291,901 | -€7,861 | -2.6% |
| Stocks and contracts in progress | 3 | €16,645 | €16,317 | -€328 | -2.0% |
| Stocks | 30/36 | €16,645 | €16,317 | -€328 | -2.0% |
| Amounts receivable within one year | 40/41 | €209,899 | €211,406 | +€1,507 | +0.7% |
| Trade receivables | 40 | €189,273 | €211,406 | +€22,133 | +11.7% |
| Other amounts receivable | 41 | €20,627 | - | -€20,627 | |
| Cash at bank and in hand | 54/58 | €69,018 | €52,625 | -€16,393 | -23.8% |
| Deferred charges and accrued income | 490/1 | €4,199 | €11,553 | +€7,354 | +175% |
| Total equity and liabilities | 10/49 | €808,797 | €730,704 | -€78,093 | -9.7% |
| Equity | 10/15 | €44,670 | €46,994 | +€2,325 | +5.2% |
| 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 | €24,210 | €26,534 | +€2,325 | +9.6% |
| Amounts payable | 17/49 | €764,128 | €683,710 | -€80,418 | -10.5% |
| Amounts payable after more than one year | 17 | €242,729 | €174,842 | -€67,887 | -28.0% |
| Financial debts | 170/4 | €242,729 | €174,842 | -€67,887 | -28.0% |
| Amounts payable within one year | 42/48 | €521,399 | €508,868 | -€12,531 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €67,663 | €67,887 | +€224 | +0.3% |
| Trade debts | 44 | €171,176 | €156,632 | -€14,544 | -8.5% |
| Suppliers | 440/4 | €171,176 | €156,632 | -€14,544 | -8.5% |
| Taxes, remuneration and social security | 45 | €44,561 | €44,349 | -€211 | -0.5% |
| Taxes | 450/3 | - | €2,776 | +€2,776 | |
| Remuneration and social security | 454/9 | €44,561 | €41,574 | -€2,987 | -6.7% |
| Other amounts payable | 47/48 | €238,000 | €240,000 | +€2,000 | +0.8% |
| Non-recurring operating income | 76A | €67,156 | - | -€67,156 | |
| Remuneration, social security and pensions | 62 | €342,445 | €376,857 | +€34,412 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,156 | €70,232 | +€3,076 | +4.6% |
| Other operating charges | 640/8 | €5,951 | €7,692 | +€1,741 | +29.3% |
| Gross operating margin | 9900 | €425,864 | €464,733 | +€38,868 | +9.1% |
| Operating profit (loss) | 9901 | €10,313 | €9,952 | -€361 | -3.5% |
| Financial income | 75/76B | €3,491 | €3,272 | -€218 | -6.3% |
| Recurring financial income | 75 | €3,491 | €3,272 | -€218 | -6.3% |
| Financial charges | 65/66B | €9,930 | €7,893 | -€2,037 | -20.5% |
| Recurring financial charges | 65 | €9,930 | €7,893 | -€2,037 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €3,874 | €5,332 | +€1,458 | +37.6% |
| Income taxes | 67/77 | €2,664 | €3,007 | +€343 | +12.9% |
| Profit (loss) for the period | 9904 | €1,210 | €2,325 | +€1,115 | +92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,210 | €2,325 | +€1,115 | +92.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.