BUGA WIJNEGEM: 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.
BUGA WIJNEGEM
Largest movements
- Tangible fixed assets -€105,702
down €105,702 (-2.3%), from €4.5m to €4.4m
- Debts after one year -€175,903
down €175,903 (-6.2%), from €2.8m to €2.6m
- Other debts +€171,134
up €171,134 (+48.5%), from €352,554 to €523,688
- Profit (loss) carried forward -€99,467
down €99,467 (-18.7%), from -€530,943 to -€630,410
- Gross operating margin +€123,489
up €123,489, from -€16,422 to €107,067
- Financial charges +€11,847
up €11,847 (+20.1%), from €58,931 to €70,778
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 | €4,505,925 | €4,409,554 | -€96,371 | -2.1% |
| Fixed assets | 21/28 | €4,505,238 | €4,400,833 | -€104,405 | -2.3% |
| Tangible fixed assets | 22/27 | €4,505,238 | €4,399,536 | -€105,702 | -2.3% |
| Land and buildings | 22 | €4,505,238 | €4,399,536 | -€105,702 | -2.3% |
| Financial fixed assets | 28 | - | €1,297 | +€1,297 | |
| Current assets | 29/58 | €687 | €8,721 | +€8,034 | +1,169% |
| Amounts receivable within one year | 40/41 | €210 | €8,721 | +€8,511 | +4,053% |
| Trade receivables | 40 | - | €8,721 | +€8,721 | |
| Other amounts receivable | 41 | €210 | - | -€210 | |
| Cash at bank and in hand | 54/58 | €477 | - | -€477 | |
| Total equity and liabilities | 10/49 | €4,505,925 | €4,409,554 | -€96,371 | -2.1% |
| Equity | 10/15 | €1,153,383 | €1,053,916 | -€99,467 | -8.6% |
| Contributions | 10/11 | €184,326 | €184,326 | = | 0.0% |
| Capital | 10 | €184,326 | €184,326 | = | 0.0% |
| Issued capital | 100 | €184,326 | €184,326 | = | 0.0% |
| Revaluation surpluses | 12 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€530,943 | -€630,410 | -€99,467 | -18.7% |
| Amounts payable | 17/49 | €3,352,542 | €3,355,638 | +€3,096 | +0.1% |
| Amounts payable after more than one year | 17 | €2,821,685 | €2,645,782 | -€175,903 | -6.2% |
| Financial debts | 170/4 | €2,821,685 | €2,645,782 | -€175,903 | -6.2% |
| Amounts payable within one year | 42/48 | €530,857 | €709,856 | +€178,999 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €175,903 | €175,903 | = | 0.0% |
| Trade debts | 44 | €2,400 | €4,984 | +€2,584 | +108% |
| Suppliers | 440/4 | €2,400 | €4,984 | +€2,584 | +108% |
| Taxes, remuneration and social security | 45 | - | €5,281 | +€5,281 | |
| Remuneration and social security | 454/9 | - | €5,281 | +€5,281 | |
| Other amounts payable | 47/48 | €352,554 | €523,688 | +€171,134 | +48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,881 | €105,702 | -€179 | -0.2% |
| Other operating charges | 640/8 | €29,208 | €30,054 | +€846 | +2.9% |
| Gross operating margin | 9900 | -€16,422 | €107,067 | +€123,489 | |
| Operating profit (loss) | 9901 | -€151,511 | -€28,689 | +€122,822 | +81.1% |
| Financial charges | 65/66B | €58,931 | €70,778 | +€11,847 | +20.1% |
| Recurring financial charges | 65 | €58,931 | €70,778 | +€11,847 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | -€210,442 | -€99,467 | +€110,975 | +52.7% |
| Profit (loss) for the period | 9904 | -€210,442 | -€99,467 | +€110,975 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€210,442 | -€99,467 | +€110,975 | +52.7% |
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 26 October 2026 via checked.be.