Buenas Open: 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.
Buenas Open
Largest movements
- Receivables within one year +€47,594
up €47,594 (+465%), from €10,225 to €57,819
of which Trade receivables: +€52,948
- Intangible fixed assets +€5,771
up €5,771 (+308%), from €1,875 to €7,646
- Cash -€4,980
down €4,980 (-25.0%), from €19,932 to €14,952
mainly Net result for the year (-€55,677) and Receivables within one year (-€47,594)
- Tangible fixed assets -€2,375
down €2,375 (-66.9%), from €3,552 to €1,177
- Trade debts +€86,916
up €86,916 (+1,172%), from €7,418 to €94,334
- Profit (loss) carried forward -€55,677
down €55,677 (-103%), from -€54,176 to -€109,852
- Tax, wage and social debts +€15,083
up €15,083 (+8,706%), from €173 to €15,257
- Staff costs +€4,562
new in 2025: €4,562
- Gross operating margin +€2,893
up €2,893 (+6.2%), from -€46,654 to -€43,761
- Depreciation +€1,543
up €1,543 (+40.6%), from €3,795 to €5,338
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 | €35,865 | €82,189 | +€46,323 | +129% |
| Formation expenses | 20 | €281 | €104 | -€177 | -62.9% |
| Fixed assets | 21/28 | €5,427 | €8,823 | +€3,396 | +62.6% |
| Intangible fixed assets | 21 | €1,875 | €7,646 | +€5,771 | +308% |
| Tangible fixed assets | 22/27 | €3,552 | €1,177 | -€2,375 | -66.9% |
| Plant, machinery and equipment | 23 | €3,552 | €1,177 | -€2,375 | -66.9% |
| Current assets | 29/58 | €30,157 | €73,261 | +€43,104 | +143% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €10,225 | €57,819 | +€47,594 | +465% |
| Trade receivables | 40 | €3,013 | €55,961 | +€52,948 | +1,757% |
| Other amounts receivable | 41 | €7,212 | €1,859 | -€5,354 | -74.2% |
| Cash at bank and in hand | 54/58 | €19,932 | €14,952 | -€4,980 | -25.0% |
| Deferred charges and accrued income | 490/1 | - | €490 | +€490 | |
| Total equity and liabilities | 10/49 | €35,865 | €82,189 | +€46,323 | +129% |
| Equity | 10/15 | -€52,376 | -€108,052 | -€55,677 | -106% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,176 | -€109,852 | -€55,677 | -103% |
| Amounts payable | 17/49 | €88,241 | €190,241 | +€102,000 | +116% |
| Amounts payable within one year | 42/48 | €88,241 | €190,241 | +€102,000 | +116% |
| Trade debts | 44 | €7,418 | €94,334 | +€86,916 | +1,172% |
| Suppliers | 440/4 | €7,418 | €94,334 | +€86,916 | +1,172% |
| Taxes, remuneration and social security | 45 | €173 | €15,257 | +€15,083 | +8,706% |
| Taxes | 450/3 | €173 | €15,257 | +€15,083 | +8,706% |
| Other amounts payable | 47/48 | €80,650 | €80,650 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €4,562 | +€4,562 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,795 | €5,338 | +€1,543 | +40.6% |
| Other operating charges | 640/8 | €1,134 | €779 | -€355 | -31.3% |
| Non-recurring operating charges | 66A | - | €1,096 | +€1,096 | |
| Gross operating margin | 9900 | -€46,654 | -€43,761 | +€2,893 | +6.2% |
| Operating profit (loss) | 9901 | -€51,583 | -€55,536 | -€3,953 | -7.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.0% |
| Financial charges | 65/66B | €93 | €141 | +€48 | +50.9% |
| Recurring financial charges | 65 | €93 | €141 | +€48 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | -€51,675 | -€55,677 | -€4,002 | -7.7% |
| Profit (loss) for the period | 9904 | -€51,675 | -€55,677 | -€4,002 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,675 | -€55,677 | -€4,002 | -7.7% |
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 17 October 2026 via checked.be.