buedts&depape: 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.
buedts&depape
Largest movements
- Cash +€6,072
up €6,072 (+371%), from €1,635 to €7,707
mainly Trade debts (+€5,547) and Receivables within one year (+€2,505)
- Receivables within one year -€2,505
down €2,505 (-41.5%), from €6,043 to €3,537
of which Trade receivables: -€2,083
- Tangible fixed assets -€591
no longer reported in 2025 (was €591)
- Trade debts +€5,547
up €5,547 (+47.2%), from €11,744 to €17,291
- Profit (loss) carried forward -€2,571
down €2,571 (-22.3%), from -€11,535 to -€14,106
- Gross operating margin +€7,000
up €7,000 (+93.6%), from -€7,480 to -€480
- Depreciation -€599
down €599 (-50.3%), from €1,190 to €591
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 | €8,269 | €11,245 | +€2,976 | +36.0% |
| Fixed assets | 21/28 | €591 | - | -€591 | |
| Tangible fixed assets | 22/27 | €591 | - | -€591 | |
| Furniture and vehicles | 24 | €591 | - | -€591 | |
| Current assets | 29/58 | €7,678 | €11,245 | +€3,567 | +46.5% |
| Amounts receivable within one year | 40/41 | €6,043 | €3,537 | -€2,505 | -41.5% |
| Trade receivables | 40 | €5,429 | €3,346 | -€2,083 | -38.4% |
| Other amounts receivable | 41 | €614 | €191 | -€423 | -68.9% |
| Cash at bank and in hand | 54/58 | €1,635 | €7,707 | +€6,072 | +371% |
| Total equity and liabilities | 10/49 | €8,269 | €11,245 | +€2,976 | +36.0% |
| Equity | 10/15 | -€3,475 | -€6,046 | -€2,571 | -74.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,535 | -€14,106 | -€2,571 | -22.3% |
| Amounts payable | 17/49 | €11,744 | €17,291 | +€5,547 | +47.2% |
| Amounts payable within one year | 42/48 | €11,744 | €17,291 | +€5,547 | +47.2% |
| Trade debts | 44 | €11,744 | €17,291 | +€5,547 | +47.2% |
| Suppliers | 440/4 | €11,744 | €17,291 | +€5,547 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,190 | €591 | -€599 | -50.3% |
| Other operating charges | 640/8 | €1,427 | €1,466 | +€39 | +2.8% |
| Gross operating margin | 9900 | -€7,480 | -€480 | +€7,000 | +93.6% |
| Operating profit (loss) | 9901 | -€10,096 | -€2,537 | +€7,559 | +74.9% |
| Financial income | 75/76B | €0 | €20 | +€20 | +66,567% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +66,567% |
| Financial charges | 65/66B | €62 | €54 | -€8 | -13.5% |
| Recurring financial charges | 65 | €62 | €54 | -€8 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,158 | -€2,571 | +€7,587 | +74.7% |
| Profit (loss) for the period | 9904 | -€10,158 | -€2,571 | +€7,587 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,158 | -€2,571 | +€7,587 | +74.7% |
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 18 October 2026 via checked.be.