BUGS MANAGEMENT: 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.
BUGS MANAGEMENT
Largest movements
- Financial fixed assets -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Receivables within one year -€4,378
down €4,378 (-13.1%), from €33,424 to €29,046
of which Other amounts receivable: -€3,259
- Tangible fixed assets -€4,342
down €4,342 (-53.6%), from €8,097 to €3,756
of which Furniture and vehicles: -€2,820
- Cash +€1,298
up €1,298 (+9.3%), from €13,958 to €15,255
mainly Investment in fixed assets (net) (+€10,000) and Receivables within one year (+€4,378)
- Profit (loss) carried forward -€8,250
down €8,250 (-44.1%), from €18,694 to €10,444
- Tax, wage and social debts -€3,355
down €3,355 (-49.0%), from €6,850 to €3,495
of which Taxes: -€3,507
- Current portion of long-term debt -€1,861
down €1,861 (-50.1%), from €3,712 to €1,852
- Debts after one year -€1,852
down €1,852 (-69.5%), from €2,664 to €813
- Other debts -€931
down €931 (-2.2%), from €41,857 to €40,927
- Gross operating margin -€32,156
down €32,156 (-91.2%), from €35,257 to €3,101
- Taxes -€8,235
down €8,235 (-93.5%), from €8,803 to €568
- Financial charges -€2,814
down €2,814 (-91.0%), from €3,092 to €278
- Staff costs +€502
up €502 (+9.9%), from €5,084 to €5,586
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 | €88,303 | €70,836 | -€17,467 | -19.8% |
| Fixed assets | 21/28 | €38,097 | €23,756 | -€14,342 | -37.6% |
| Tangible fixed assets | 22/27 | €8,097 | €3,756 | -€4,342 | -53.6% |
| Plant, machinery and equipment | 23 | €2,824 | €1,302 | -€1,521 | -53.9% |
| Furniture and vehicles | 24 | €5,274 | €2,453 | -€2,820 | -53.5% |
| Financial fixed assets | 28 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Current assets | 29/58 | €50,205 | €47,080 | -€3,125 | -6.2% |
| Amounts receivable within one year | 40/41 | €33,424 | €29,046 | -€4,378 | -13.1% |
| Trade receivables | 40 | €28,424 | €27,305 | -€1,119 | -3.9% |
| Other amounts receivable | 41 | €5,000 | €1,741 | -€3,259 | -65.2% |
| Cash at bank and in hand | 54/58 | €13,958 | €15,255 | +€1,298 | +9.3% |
| Deferred charges and accrued income | 490/1 | €2,823 | €2,778 | -€45 | -1.6% |
| Total equity and liabilities | 10/49 | €88,303 | €70,836 | -€17,467 | -19.8% |
| Equity | 10/15 | €29,694 | €21,444 | -€8,250 | -27.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,694 | €10,444 | -€8,250 | -44.1% |
| Amounts payable | 17/49 | €58,609 | €49,392 | -€9,217 | -15.7% |
| Amounts payable after more than one year | 17 | €2,664 | €813 | -€1,852 | -69.5% |
| Financial debts | 170/4 | €2,664 | €813 | -€1,852 | -69.5% |
| Amounts payable within one year | 42/48 | €54,942 | €48,194 | -€6,748 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €3,712 | €1,852 | -€1,861 | -50.1% |
| Trade debts | 44 | €2,522 | €1,920 | -€602 | -23.9% |
| Suppliers | 440/4 | €2,522 | €1,920 | -€602 | -23.9% |
| Taxes, remuneration and social security | 45 | €6,850 | €3,495 | -€3,355 | -49.0% |
| Taxes | 450/3 | €4,810 | €1,303 | -€3,507 | -72.9% |
| Remuneration and social security | 454/9 | €2,040 | €2,192 | +€152 | +7.5% |
| Other amounts payable | 47/48 | €41,857 | €40,927 | -€931 | -2.2% |
| Accrued charges and deferred income | 492/3 | €1,002 | €386 | -€617 | -61.5% |
| Remuneration, social security and pensions | 62 | €5,084 | €5,586 | +€502 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,197 | €4,342 | +€145 | +3.5% |
| Other operating charges | 640/8 | €584 | €619 | +€35 | +6.0% |
| Non-recurring operating charges | 66A | €1,167 | - | -€1,167 | |
| Gross operating margin | 9900 | €35,257 | €3,101 | -€32,156 | -91.2% |
| Operating profit (loss) | 9901 | €24,224 | -€7,446 | -€31,670 | |
| Financial income | 75/76B | €62 | €43 | -€19 | -30.6% |
| Recurring financial income | 75 | €21 | €43 | +€22 | +107% |
| Non-recurring financial income | 76B | €41 | - | -€41 | |
| Financial charges | 65/66B | €3,092 | €278 | -€2,814 | -91.0% |
| Recurring financial charges | 65 | €3,092 | €278 | -€2,814 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €21,194 | -€7,682 | -€28,875 | |
| Income taxes | 67/77 | €8,803 | €568 | -€8,235 | -93.5% |
| Profit (loss) for the period | 9904 | €12,390 | -€8,250 | -€20,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,390 | -€8,250 | -€20,640 |
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 15 October 2026 via checked.be.