BUFFEL: 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.
BUFFEL
Largest movements
- Cash -€13,862
down €13,862 (-45.2%), from €30,665 to €16,803
mainly Trade debts (-€9,755) and Other debts (-€8,665)
- Receivables within one year +€8,381
up €8,381 (+9.5%), from €87,982 to €96,363
of which Other amounts receivable: +€23,970
- Tax, wage and social debts +€14,235
up €14,235 (+424.9%), from €3,351 to €17,586
- Trade debts -€9,755
down €9,755 (-69.8%), from €13,966 to €4,211
- Other debts -€8,665
down €8,665 (-37.9%), from €22,875 to €14,210
- Profit (loss) carried forward -€8,337
down €8,337 (-34.8%), from €23,954 to €15,617
- Accrued charges and deferred income +€7,531
new in 2025: €7,531
- Gross operating margin -€9,081
down €9,081, from €2,568 to -€6,513
- Financial charges -€1,844
down €1,844 (-81.6%), from €2,261 to €417
- Other operating charges +€270
up €270 (+23.5%), from €1,148 to €1,418
- Financial income -€110
down €110 (-90.5%), from €121 to €12
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 | €125,538 | €120,547 | -€4,991 | -4.0% |
| Current assets | 29/58 | €125,538 | €120,547 | -€4,991 | -4.0% |
| Stocks and contracts in progress | 3 | €4,500 | €5,602 | +€1,102 | +24.5% |
| Stocks | 30/36 | €4,500 | €5,602 | +€1,102 | +24.5% |
| Amounts receivable within one year | 40/41 | €87,982 | €96,363 | +€8,381 | +9.5% |
| Trade receivables | 40 | €87,982 | €72,393 | -€15,589 | -17.7% |
| Other amounts receivable | 41 | - | €23,970 | +€23,970 | |
| Cash at bank and in hand | 54/58 | €30,665 | €16,803 | -€13,862 | -45.2% |
| Deferred charges and accrued income | 490/1 | €2,391 | €1,779 | -€612 | -25.6% |
| Total equity and liabilities | 10/49 | €125,538 | €120,547 | -€4,991 | -4.0% |
| Equity | 10/15 | €85,346 | €77,009 | -€8,337 | -9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,192 | €55,192 | = | 0.0% |
| Distributable reserves | 133 | €55,192 | €55,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,954 | €15,617 | -€8,337 | -34.8% |
| Amounts payable | 17/49 | €40,192 | €43,538 | +€3,347 | +8.3% |
| Amounts payable within one year | 42/48 | €40,192 | €36,007 | -€4,184 | -10.4% |
| Trade debts | 44 | €13,966 | €4,211 | -€9,755 | -69.8% |
| Suppliers | 440/4 | €13,966 | €4,211 | -€9,755 | -69.8% |
| Taxes, remuneration and social security | 45 | €3,351 | €17,586 | +€14,235 | +424.9% |
| Taxes | 450/3 | €3,351 | €17,586 | +€14,235 | +424.9% |
| Other amounts payable | 47/48 | €22,875 | €14,210 | -€8,665 | -37.9% |
| Accrued charges and deferred income | 492/3 | - | €7,531 | +€7,531 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,148 | €1,418 | +€270 | +23.5% |
| Gross operating margin | 9900 | €2,568 | -€6,513 | -€9,081 | |
| Operating profit (loss) | 9901 | €1,420 | -€7,931 | -€9,351 | |
| Financial income | 75/76B | €121 | €12 | -€110 | -90.5% |
| Recurring financial income | 75 | €121 | €12 | -€110 | -90.5% |
| Financial charges | 65/66B | €2,261 | €417 | -€1,844 | -81.6% |
| Recurring financial charges | 65 | €2,261 | €417 | -€1,844 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | -€720 | -€8,336 | -€7,617 | -1058.3% |
| Profit (loss) for the period | 9904 | -€720 | -€8,336 | -€7,617 | -1058.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€720 | -€8,336 | -€7,617 | -1058.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.