BUDTS PUTBORINGEN: 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.
BUDTS PUTBORINGEN
Largest movements
- Receivables within one year +€42,088
up €42,088 (+86.6%), from €48,580 to €90,669
of which Trade receivables: +€28,636
- Tangible fixed assets +€35,589
up €35,589 (+23.6%), from €150,518 to €186,107
of which Leasing and similar rights: +€42,006
- Cash +€23,219
up €23,219 (+372%), from €6,238 to €29,457
mainly Net result for the year (+€75,892) and Depreciation (+€37,869)
- Deferred charges and accrued income +€11,945
up €11,945 (+4,422%), from €270 to €12,215
- Profit (loss) carried forward +€75,892
up €75,892 (+126%), from €60,182 to €136,074
- Trade debts +€25,162
up €25,162 (+223%), from €11,289 to €36,451
- Current portion of long-term debt +€7,137
up €7,137 (+32.2%), from €22,139 to €29,276
- Gross operating margin +€122,092
up €122,092 (+199%), from €61,472 to €183,564
- Staff costs +€44,878
new in 2025: €44,878
- Depreciation +€21,588
up €21,588 (+133%), from €16,281 to €37,869
- Taxes +€9,235
up €9,235 (+103%), from €8,926 to €18,161
- Financial charges +€4,015
up €4,015 (+152%), from €2,638 to €6,653
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 | €222,809 | €338,183 | +€115,374 | +51.8% |
| Fixed assets | 21/28 | €150,518 | €186,107 | +€35,589 | +23.6% |
| Tangible fixed assets | 22/27 | €150,518 | €186,107 | +€35,589 | +23.6% |
| Plant, machinery and equipment | 23 | €133,689 | €131,025 | -€2,664 | -2.0% |
| Furniture and vehicles | 24 | €15,527 | €11,840 | -€3,687 | -23.7% |
| Leasing and similar rights | 25 | - | €42,006 | +€42,006 | |
| Other tangible fixed assets | 26 | €1,302 | €1,236 | -€66 | -5.1% |
| Current assets | 29/58 | €72,291 | €152,075 | +€79,785 | +110% |
| Stocks and contracts in progress | 3 | €17,202 | €19,735 | +€2,532 | +14.7% |
| Stocks | 30/36 | €17,202 | €19,735 | +€2,532 | +14.7% |
| Amounts receivable within one year | 40/41 | €48,580 | €90,669 | +€42,088 | +86.6% |
| Trade receivables | 40 | €37,078 | €65,714 | +€28,636 | +77.2% |
| Other amounts receivable | 41 | €11,502 | €24,955 | +€13,453 | +117% |
| Cash at bank and in hand | 54/58 | €6,238 | €29,457 | +€23,219 | +372% |
| Deferred charges and accrued income | 490/1 | €270 | €12,215 | +€11,945 | +4,422% |
| Total equity and liabilities | 10/49 | €222,809 | €338,183 | +€115,374 | +51.8% |
| Equity | 10/15 | €70,182 | €146,074 | +€75,892 | +108% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,182 | €136,074 | +€75,892 | +126% |
| Amounts payable | 17/49 | €152,627 | €192,109 | +€39,482 | +25.9% |
| Amounts payable after more than one year | 17 | €103,172 | €105,047 | +€1,875 | +1.8% |
| Financial debts | 170/4 | €103,172 | €105,047 | +€1,875 | +1.8% |
| Amounts payable within one year | 42/48 | €49,455 | €84,541 | +€35,086 | +70.9% |
| Current portion of amounts payable after more than one year | 42 | €22,139 | €29,276 | +€7,137 | +32.2% |
| Trade debts | 44 | €11,289 | €36,451 | +€25,162 | +223% |
| Suppliers | 440/4 | €11,289 | €36,451 | +€25,162 | +223% |
| Taxes, remuneration and social security | 45 | €16,027 | €18,814 | +€2,787 | +17.4% |
| Taxes | 450/3 | €16,027 | €18,161 | +€2,135 | +13.3% |
| Remuneration and social security | 454/9 | - | €653 | +€653 | |
| Accrued charges and deferred income | 492/3 | - | €2,520 | +€2,520 | |
| Remuneration, social security and pensions | 62 | - | €44,878 | +€44,878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,281 | €37,869 | +€21,588 | +133% |
| Other operating charges | 640/8 | €665 | €887 | +€223 | +33.5% |
| Gross operating margin | 9900 | €61,472 | €183,564 | +€122,092 | +199% |
| Operating profit (loss) | 9901 | €44,527 | €99,929 | +€55,402 | +124% |
| Financial income | 75/76B | €10 | €777 | +€767 | +7,519% |
| Recurring financial income | 75 | €10 | €777 | +€767 | +7,519% |
| Financial charges | 65/66B | €2,638 | €6,653 | +€4,015 | +152% |
| Recurring financial charges | 65 | €2,638 | €6,653 | +€4,015 | +152% |
| Profit (loss) for the period before taxes | 9903 | €41,899 | €94,053 | +€52,154 | +124% |
| Income taxes | 67/77 | €8,926 | €18,161 | +€9,235 | +103% |
| Profit (loss) for the period | 9904 | €32,973 | €75,892 | +€42,919 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €32,973 | €75,892 | +€42,919 | +130% |
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 20 October 2026 via checked.be.