BUDHA LAXMI: 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.
BUDHA LAXMI
Largest movements
- Cash -€43,898
down €43,898 (-24.2%), from €181,108 to €137,210
mainly Contributions, distributions and other (-€43,665) and Debts after one year (-€23,723)
- Receivables within one year -€23,952
down €23,952 (-44.9%), from €53,383 to €29,431
- Tangible fixed assets -€14,318
down €14,318 (-4.0%), from €358,413 to €344,095
of which Land and buildings: -€17,735
- Reserves -€43,665
down €43,665 (-22.9%), from €190,294 to €146,629
- Debts after one year -€23,723
down €23,723 (-7.2%), from €329,026 to €305,303
- Tax, wage and social debts -€14,205
down €14,205 (-28.0%), from €50,697 to €36,492
of which Remuneration and social security: -€15,447
- Profit (loss) carried forward -€12,030
new in 2024: -€12,030
- Other debts +€8,432
up €8,432 (+85,167%), from €10 to €8,441
- Staff costs +€28,423
up €28,423 (+14.4%), from €196,721 to €225,143
- Gross operating margin +€13,934
up €13,934 (+5.9%), from €237,584 to €251,517
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,296 | €536,502 | -€85,793 | -13.8% |
| Fixed assets | 21/28 | €358,413 | €344,095 | -€14,318 | -4.0% |
| Tangible fixed assets | 22/27 | €358,413 | €344,095 | -€14,318 | -4.0% |
| Land and buildings | 22 | €300,890 | €283,155 | -€17,735 | -5.9% |
| Plant, machinery and equipment | 23 | €53,192 | €55,543 | +€2,351 | +4.4% |
| Furniture and vehicles | 24 | €4,330 | €5,396 | +€1,066 | +24.6% |
| Current assets | 29/58 | €263,883 | €192,408 | -€71,476 | -27.1% |
| Stocks and contracts in progress | 3 | €8,795 | €10,319 | +€1,524 | +17.3% |
| Stocks | 30/36 | €8,795 | €10,319 | +€1,524 | +17.3% |
| Amounts receivable within one year | 40/41 | €53,383 | €29,431 | -€23,952 | -44.9% |
| Other amounts receivable | 41 | €53,383 | €29,431 | -€23,952 | -44.9% |
| Cash at bank and in hand | 54/58 | €181,108 | €137,210 | -€43,898 | -24.2% |
| Deferred charges and accrued income | 490/1 | €20,597 | €15,448 | -€5,149 | -25.0% |
| Total equity and liabilities | 10/49 | €622,296 | €536,502 | -€85,793 | -13.8% |
| Equity | 10/15 | €202,694 | €146,999 | -€55,696 | -27.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €190,294 | €146,629 | -€43,665 | -22.9% |
| Distributable reserves | 133 | €190,294 | €146,629 | -€43,665 | -22.9% |
| Profit (loss) carried forward | 14 | - | -€12,030 | -€12,030 | |
| Amounts payable | 17/49 | €419,601 | €389,504 | -€30,098 | -7.2% |
| Amounts payable after more than one year | 17 | €329,026 | €305,303 | -€23,723 | -7.2% |
| Financial debts | 170/4 | €329,026 | €305,303 | -€23,723 | -7.2% |
| Amounts payable within one year | 42/48 | €90,576 | €84,200 | -€6,375 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €20,579 | €23,723 | +€3,143 | +15.3% |
| Trade debts | 44 | €19,290 | €15,545 | -€3,745 | -19.4% |
| Suppliers | 440/4 | €19,290 | €15,545 | -€3,745 | -19.4% |
| Taxes, remuneration and social security | 45 | €50,697 | €36,492 | -€14,205 | -28.0% |
| Taxes | 450/3 | €5,255 | €6,497 | +€1,242 | +23.6% |
| Remuneration and social security | 454/9 | €45,441 | €29,994 | -€15,447 | -34.0% |
| Other amounts payable | 47/48 | €10 | €8,441 | +€8,432 | +85,167% |
| Remuneration, social security and pensions | 62 | €196,721 | €225,143 | +€28,423 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,771 | €27,208 | +€437 | +1.6% |
| Other operating charges | 640/8 | €2,776 | €2,687 | -€89 | -3.2% |
| Gross operating margin | 9900 | €237,584 | €251,517 | +€13,934 | +5.9% |
| Operating profit (loss) | 9901 | €11,316 | -€3,521 | -€14,837 | |
| Financial income | 75/76B | €1,507 | €0 | -€1,507 | -100.0% |
| Recurring financial income | 75 | €1,507 | €0 | -€1,507 | -100.0% |
| Financial charges | 65/66B | €6,492 | €8,129 | +€1,637 | +25.2% |
| Recurring financial charges | 65 | €6,492 | €8,129 | +€1,637 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | €6,331 | -€11,650 | -€17,981 | |
| Income taxes | 67/77 | €1,075 | €381 | -€694 | -64.6% |
| Profit (loss) for the period | 9904 | €5,256 | -€12,030 | -€17,287 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,256 | -€12,030 | -€17,287 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.