Buggy - Cardelli: what changed
What changed
Buggy - Cardelli
NACE 47.512, Retail sale of household textiles and bedding
filed annual accounts (NBB)
Net result for the year
-€16,566
2024 · €5,917-€22,483
Equity
€898,936
2024 · €915,502-€16,566
Cash
€23,926
2024 · €64,876-€40,950
Balance sheet total
€1.2m
2024 · €1.1m+€81,133
Largest movements
Assets
- Tangible fixed assets +€398,551
up €398,551 (+63.9%), from €624,113 to €1.0m
of which Land and buildings: +€370,615
- Receivables within one year -€276,676
down €276,676 (-72.9%), from €379,515 to €102,839
of which Other amounts receivable: -€276,676
- Cash -€40,950
down €40,950 (-63.1%), from €64,876 to €23,926
mainly Investment in fixed assets (net) (-€446,812) and Net result for the year (-€16,566)
Equity and liabilities
- Other debts +€108,932
new in 2025: €108,932
- Profit (loss) carried forward -€16,566
down €16,566 (-15.5%), from €106,692 to €90,126
- Debts after one year -€12,231
down €12,231 (-8.0%), from €152,837 to €140,606
Income statement
- Depreciation +€21,674
up €21,674 (+81.5%), from €26,587 to €48,261
- Other operating charges +€1,752
up €1,752 (+21.3%), from €8,243 to €9,995
- Gross operating margin +€1,119
up €1,119 (+1.8%), from €61,600 to €62,719
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,917
Gross operating margin
+€1,119
Staff costs
-€146
Depreciation
-€21,674
Other operating charges
-€1,752
Financial income
+€1
Financial charges
+€197
Taxes
-€227
Result 2025
-€16,566
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€417,850
Investment
-€446,812
Financing
-€11,988
Cash 2024
€64,876
From operations (derived)
+€417,850
Net result for the year
-€16,566
Depreciation
+€48,261
Receivables within one year
+€276,676
Smaller working-capital items
+€546
Other debts
+€108,932
Investment (derived)
-€446,812
Investment in fixed assets (net)
-€446,812
Financing
-€11,988
Debts after one year
-€12,231
Current portion of long-term debt
+€243
Cash 2025
€23,926
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,084,700 | €1,165,833 | +€81,133 | +7.5% |
| Fixed assets | 21/28 | €629,113 | €1,027,664 | +€398,551 | +63.4% |
| Tangible fixed assets | 22/27 | €624,113 | €1,022,664 | +€398,551 | +63.9% |
| Land and buildings | 22 | €622,269 | €992,884 | +€370,615 | +59.6% |
| Furniture and vehicles | 24 | €1,844 | €29,780 | +€27,936 | +1,515% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €455,587 | €138,169 | -€317,418 | -69.7% |
| Stocks and contracts in progress | 3 | €11,196 | €11,196 | = | 0.0% |
| Stocks | 30/36 | €11,196 | €11,196 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €379,515 | €102,839 | -€276,676 | -72.9% |
| Trade receivables | 40 | €83,534 | €83,534 | = | 0.0% |
| Other amounts receivable | 41 | €295,981 | €19,305 | -€276,676 | -93.5% |
| Cash at bank and in hand | 54/58 | €64,876 | €23,926 | -€40,950 | -63.1% |
| Deferred charges and accrued income | 490/1 | - | €208 | +€208 | |
| Total equity and liabilities | 10/49 | €1,084,700 | €1,165,833 | +€81,133 | +7.5% |
| Equity | 10/15 | €915,502 | €898,936 | -€16,566 | -1.8% |
| Contributions | 10/11 | €797,408 | €797,408 | = | 0.0% |
| Reserves | 13 | €11,402 | €11,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €6,402 | €6,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,692 | €90,126 | -€16,566 | -15.5% |
| Amounts payable | 17/49 | €169,198 | €266,896 | +€97,699 | +57.7% |
| Amounts payable after more than one year | 17 | €152,837 | €140,606 | -€12,231 | -8.0% |
| Financial debts | 170/4 | €152,837 | €140,606 | -€12,231 | -8.0% |
| Amounts payable within one year | 42/48 | €16,361 | €126,290 | +€109,930 | +672% |
| Current portion of amounts payable after more than one year | 42 | €11,988 | €12,231 | +€243 | +2.0% |
| Trade debts | 44 | €966 | €1,539 | +€572 | +59.2% |
| Suppliers | 440/4 | €966 | €1,539 | +€572 | +59.2% |
| Taxes, remuneration and social security | 45 | €3,407 | €3,588 | +€182 | +5.3% |
| Taxes | 450/3 | - | €227 | +€227 | |
| Remuneration and social security | 454/9 | €3,407 | €3,361 | -€46 | -1.3% |
| Other amounts payable | 47/48 | - | €108,932 | +€108,932 | |
| Remuneration, social security and pensions | 62 | €17,330 | €17,476 | +€146 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,587 | €48,261 | +€21,674 | +81.5% |
| Other operating charges | 640/8 | €8,243 | €9,995 | +€1,752 | +21.3% |
| Gross operating margin | 9900 | €61,600 | €62,719 | +€1,119 | +1.8% |
| Operating profit (loss) | 9901 | €9,441 | -€13,013 | -€22,454 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,329% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,329% |
| Financial charges | 65/66B | €3,523 | €3,326 | -€197 | -5.6% |
| Recurring financial charges | 65 | €3,523 | €3,326 | -€197 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €5,917 | -€16,338 | -€22,256 | |
| Income taxes | 67/77 | - | €227 | +€227 | |
| Profit (loss) for the period | 9904 | €5,917 | -€16,566 | -€22,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,917 | -€16,566 | -€22,483 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.