BUESO: what changed
Two fiscal 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.
BUESO
Largest movements
- Cash +€57,678
up €57,678 (+37.1%), from €155,572 to €213,250
mainly Net result for the year (+€118,082) and Other debts (+€54,939)
- Current investments +€33,380
up €33,380 (+10.6%), from €315,453 to €348,833
- Receivables within one year +€22,038
up €22,038 (+82.5%), from €26,700 to €48,738
of which Trade receivables: +€21,249
- Tangible fixed assets +€18,488
up €18,488 (+30.3%), from €60,921 to €79,409
of which Plant, machinery and equipment: +€13,801
- Reserves +€55,892
up €55,892 (+10.7%), from €523,369 to €579,261
of which Distributable reserves: +€55,892
- Other debts +€54,939
up €54,939 (+287.9%), from €19,082 to €74,020
- Tax, wage and social debts +€16,474
up €16,474 (+225.0%), from €7,323 to €23,798
of which Taxes: +€13,225
- Gross operating margin -€36,230
down €36,230 (-16.1%), from €224,849 to €188,618
- Taxes -€13,462
down €13,462 (-19.2%), from €69,979 to €56,516
- Depreciation +€10,222
up €10,222 (+92.6%), from €11,038 to €21,260
- Financial charges +€5,798
up €5,798, from -€1,971 to €3,828
- Financial income +€3,072
up €3,072 (+37.0%), from €8,300 to €11,371
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.
Cash bridge derived
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 | €558,646 | €690,229 | +€131,583 | +23.6% |
| Fixed assets | 21/28 | €60,921 | €79,409 | +€18,488 | +30.3% |
| Tangible fixed assets | 22/27 | €60,921 | €79,409 | +€18,488 | +30.3% |
| Plant, machinery and equipment | 23 | - | €13,801 | +€13,801 | |
| Furniture and vehicles | 24 | €60,921 | €65,608 | +€4,687 | +7.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €497,725 | €610,820 | +€113,095 | +22.7% |
| Amounts receivable within one year | 40/41 | €26,700 | €48,738 | +€22,038 | +82.5% |
| Trade receivables | 40 | €22,943 | €44,192 | +€21,249 | +92.6% |
| Other amounts receivable | 41 | €3,758 | €4,546 | +€789 | +21.0% |
| Current investments | 50/53 | €315,453 | €348,833 | +€33,380 | +10.6% |
| Cash at bank and in hand | 54/58 | €155,572 | €213,250 | +€57,678 | +37.1% |
| Total equity and liabilities | 10/49 | €558,646 | €690,229 | +€131,583 | +23.6% |
| Equity | 10/15 | €529,569 | €585,461 | +€55,892 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €523,369 | €579,261 | +€55,892 | +10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €523,369 | €579,261 | +€55,892 | +10.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,077 | €104,768 | +€75,691 | +260.3% |
| Amounts payable within one year | 42/48 | €27,949 | €103,404 | +€75,455 | +270.0% |
| Trade debts | 44 | €1,544 | €5,586 | +€4,042 | +261.8% |
| Suppliers | 440/4 | €1,544 | €5,586 | +€4,042 | +261.8% |
| Taxes, remuneration and social security | 45 | €7,323 | €23,798 | +€16,474 | +225.0% |
| Taxes | 450/3 | €7,323 | €20,549 | +€13,225 | +180.6% |
| Remuneration and social security | 454/9 | - | €3,249 | +€3,249 | |
| Other amounts payable | 47/48 | €19,082 | €74,020 | +€54,939 | +287.9% |
| Accrued charges and deferred income | 492/3 | €1,127 | €1,364 | +€237 | +21.0% |
| Non-recurring operating income | 76A | €2,715 | €0 | -€2,715 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,038 | €21,260 | +€10,222 | +92.6% |
| Other operating charges | 640/8 | €257 | €304 | +€47 | +18.3% |
| Gross operating margin | 9900 | €224,849 | €188,618 | -€36,230 | -16.1% |
| Operating profit (loss) | 9901 | €213,554 | €167,054 | -€46,500 | -21.8% |
| Financial income | 75/76B | €8,300 | €11,371 | +€3,072 | +37.0% |
| Recurring financial income | 75 | €8,300 | €11,371 | +€3,072 | +37.0% |
| Financial charges | 65/66B | -€1,971 | €3,828 | +€5,798 | |
| Recurring financial charges | 65 | -€1,971 | €3,828 | +€5,798 | |
| Profit (loss) for the period before taxes | 9903 | €223,824 | €174,598 | -€49,226 | -22.0% |
| Income taxes | 67/77 | €69,979 | €56,516 | -€13,462 | -19.2% |
| Profit (loss) for the period | 9904 | €153,845 | €118,082 | -€35,764 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €153,845 | €118,082 | -€35,764 | -23.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.