BUFICO: 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.
BUFICO
Largest movements
- Financial fixed assets +€243,042
up €243,042 (+47.2%), from €515,074 to €758,116
- Receivables within one year -€196,445
down €196,445 (-90.9%), from €216,033 to €19,588
of which Other amounts receivable: -€186,882
- Cash -€51,230
down €51,230 (-89.1%), from €57,524 to €6,294
mainly Other debts (-€303,958) and Investment in fixed assets (net) (-€243,042)
- Deferred charges and accrued income -€15,383
down €15,383 (-99.7%), from €15,427 to €45
- Tangible fixed assets -€11,639
down €11,639 (-42.7%), from €27,280 to €15,641
of which Furniture and vehicles: -€11,289
- Other debts -€303,958
down €303,958 (-48.2%), from €630,211 to €326,254
- Profit (loss) carried forward +€273,617
up €273,617 (+448.4%), from €61,016 to €334,632
- Financial income +€192,476
up €192,476 (+1303.4%), from €14,767 to €207,243
- Gross operating margin +€24,154
up €24,154 (+21.0%), from €114,995 to €139,149
- Taxes +€6,017
up €6,017 (+22.9%), from €26,241 to €32,259
- Financial charges -€3,463
down €3,463 (-11.0%), from €31,602 to €28,139
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 | €831,338 | €799,685 | -€31,654 | -3.8% |
| Fixed assets | 21/28 | €542,354 | €773,758 | +€231,403 | +42.7% |
| Tangible fixed assets | 22/27 | €27,280 | €15,641 | -€11,639 | -42.7% |
| Furniture and vehicles | 24 | €24,327 | €13,038 | -€11,289 | -46.4% |
| Other tangible fixed assets | 26 | €2,953 | €2,603 | -€350 | -11.8% |
| Financial fixed assets | 28 | €515,074 | €758,116 | +€243,042 | +47.2% |
| Current assets | 29/58 | €288,984 | €25,927 | -€263,057 | -91.0% |
| Amounts receivable within one year | 40/41 | €216,033 | €19,588 | -€196,445 | -90.9% |
| Trade receivables | 40 | €19,151 | €9,588 | -€9,563 | -49.9% |
| Other amounts receivable | 41 | €196,882 | €10,000 | -€186,882 | -94.9% |
| Cash at bank and in hand | 54/58 | €57,524 | €6,294 | -€51,230 | -89.1% |
| Deferred charges and accrued income | 490/1 | €15,427 | €45 | -€15,383 | -99.7% |
| Total equity and liabilities | 10/49 | €831,338 | €799,685 | -€31,654 | -3.8% |
| Equity | 10/15 | €163,016 | €436,632 | +€273,617 | +167.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €99,000 | €99,000 | = | 0.0% |
| Distributable reserves | 133 | €99,000 | €99,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,016 | €334,632 | +€273,617 | +448.4% |
| Amounts payable | 17/49 | €668,323 | €363,052 | -€305,271 | -45.7% |
| Amounts payable within one year | 42/48 | €648,378 | €349,279 | -€299,099 | -46.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,441 | €2,027 | -€1,414 | -41.1% |
| Suppliers | 440/4 | €3,441 | €2,027 | -€1,414 | -41.1% |
| Taxes, remuneration and social security | 45 | €14,725 | €20,998 | +€6,273 | +42.6% |
| Taxes | 450/3 | €14,725 | €20,998 | +€6,273 | +42.6% |
| Other amounts payable | 47/48 | €630,211 | €326,254 | -€303,958 | -48.2% |
| Accrued charges and deferred income | 492/3 | €19,945 | €13,773 | -€6,172 | -30.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,639 | €11,639 | = | 0.0% |
| Other operating charges | 640/8 | €317 | €738 | +€421 | +132.6% |
| Gross operating margin | 9900 | €114,995 | €139,149 | +€24,154 | +21.0% |
| Operating profit (loss) | 9901 | €103,039 | €126,772 | +€23,733 | +23.0% |
| Financial income | 75/76B | €14,767 | €207,243 | +€192,476 | +1303.4% |
| Recurring financial income | 75 | €14,767 | €207,243 | +€192,476 | +1303.4% |
| Financial charges | 65/66B | €31,602 | €28,139 | -€3,463 | -11.0% |
| Recurring financial charges | 65 | €31,602 | €28,139 | -€3,463 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €86,204 | €305,876 | +€219,672 | +254.8% |
| Income taxes | 67/77 | €26,241 | €32,259 | +€6,017 | +22.9% |
| Profit (loss) for the period | 9904 | €59,962 | €273,617 | +€213,654 | +356.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,962 | €273,617 | +€213,654 | +356.3% |
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 2 October 2026 via checked.be.