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Bui & Co: 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.

What changed

Bui & Co

BE 0689.563.102
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€17,378
2024 · €43,442-€26,065
Equity
€18,600
2024 · €55,050-€36,450
Cash
€0
2024 · €15,199-€15,199
Balance sheet total
€133,142
2024 · €72,558+€60,584

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€67,460

    up €67,460 (+145.2%), from €46,447 to €113,907

    of which Other amounts receivable: +€40,708

  • Cash -€15,199

    down €15,199 (-100.0%), from €15,199 to €0

    mainly Receivables within one year (-€67,460) and Contributions, distributions and other (-€53,827)

  • Tangible fixed assets +€8,375

    up €8,375 (+85.7%), from €9,773 to €18,148

    of which Other tangible fixed assets: +€7,846

Equity and liabilities
  • Other debts +€66,227

    new in 2025: €66,227

  • Reserves -€48,850

    down €48,850 (-100.0%), from €48,850 to €0

    of which Distributable reserves: -€48,850

  • Tax, wage and social debts +€20,820

    up €20,820 (+156.6%), from €13,296 to €34,117

    of which Taxes: +€14,959

  • Contributions +€12,400

    up €12,400 (+200.0%), from €6,200 to €18,600

  • Trade debts +€7,294

    up €7,294 (+246.9%), from €2,954 to €10,248

Income statement
  • Gross operating margin -€32,618

    down €32,618 (-48.9%), from €66,649 to €34,031

  • Taxes -€8,200

    down €8,200 (-54.7%), from €14,978 to €6,778

  • Staff costs +€7,849

    new in 2025: €7,849

  • Financial income +€2,591

    up €2,591 (+386.6%), from €670 to €3,261

  • Depreciation -€2,258

    down €2,258 (-35.5%), from €6,366 to €4,108

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €43,442
Gross operating margin -€32,618
Staff costs -€7,849
Depreciation +€2,258
Other operating charges +€464
Other operating items +€1,274
Financial income +€2,591
Financial charges -€385
Taxes +€8,200
Result 2025 €17,378

Cash bridge derived

cash 2024 to 2025

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.

From operations +€47,959
Investment -€12,078
Financing -€51,080
Cash 2024 €15,199
Net result for the year +€17,378
Depreciation +€4,108
Receivables within one year -€67,460
Deferred charges and accrued income -€354
Trade debts +€7,294
Tax, wage and social debts +€20,820
Other debts +€66,227
Accrued charges and deferred income -€56
Investment in fixed assets (net) -€12,078
Short-term financial debts +€2,748
Contributions, distributions and other -€53,827
Cash 2025 €0
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €72,558 €133,142 +€60,584 +83.5%
Fixed assets 21/28 €10,369 €18,339 +€7,970 +76.9%
Tangible fixed assets 22/27 €9,773 €18,148 +€8,375 +85.7%
Furniture and vehicles 24 €1,387 €1,916 +€529 +38.1%
Other tangible fixed assets 26 €8,386 €16,232 +€7,846 +93.6%
Financial fixed assets 28 €596 €190 -€405 -68.0%
Current assets 29/58 €62,188 €114,803 +€52,615 +84.6%
Amounts receivable within one year 40/41 €46,447 €113,907 +€67,460 +145.2%
Trade receivables 40 €40 €26,792 +€26,751 +66728.4%
Other amounts receivable 41 €46,407 €87,115 +€40,708 +87.7%
Cash at bank and in hand 54/58 €15,199 €0 -€15,199 -100.0%
Deferred charges and accrued income 490/1 €543 €896 +€354 +65.2%
Total equity and liabilities 10/49 €72,558 €133,142 +€60,584 +83.5%
Equity 10/15 €55,050 €18,600 -€36,450 -66.2%
Contributions 10/11 €6,200 €18,600 +€12,400 +200.0%
Reserves 13 €48,850 €0 -€48,850 -100.0%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €48,850 €0 -€48,850 -100.0%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €17,508 €114,542 +€97,034 +554.2%
Amounts payable within one year 42/48 €17,428 €114,517 +€97,089 +557.1%
Financial debts 43 €1,178 €3,925 +€2,748 +233.3%
Credit institutions 430/8 €1,178 €3,925 +€2,748 +233.3%
Trade debts 44 €2,954 €10,248 +€7,294 +246.9%
Suppliers 440/4 €2,954 €10,248 +€7,294 +246.9%
Taxes, remuneration and social security 45 €13,296 €34,117 +€20,820 +156.6%
Taxes 450/3 €13,296 €28,255 +€14,959 +112.5%
Remuneration and social security 454/9 - €5,862 +€5,862
Other amounts payable 47/48 - €66,227 +€66,227
Accrued charges and deferred income 492/3 €80 €25 -€56 -69.3%
Non-recurring operating income 76A €39 €0 -€39 -100.0%
Remuneration, social security and pensions 62 - €7,849 +€7,849
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,366 €4,108 -€2,258 -35.5%
Other operating charges 640/8 €864 €400 -€464 -53.7%
Non-recurring operating charges 66A €1,274 €0 -€1,274 -100.0%
Gross operating margin 9900 €66,649 €34,031 -€32,618 -48.9%
Operating profit (loss) 9901 €58,145 €21,675 -€36,471 -62.7%
Financial income 75/76B €670 €3,261 +€2,591 +386.6%
Recurring financial income 75 €670 €3,261 +€2,591 +386.6%
Financial charges 65/66B €395 €780 +€385 +97.6%
Recurring financial charges 65 €395 €780 +€385 +97.6%
Profit (loss) for the period before taxes 9903 €58,421 €24,156 -€34,265 -58.7%
Income taxes 67/77 €14,978 €6,778 -€8,200 -54.7%
Profit (loss) for the period 9904 €43,442 €17,378 -€26,065 -60.0%
Profit (loss) for the period to be appropriated 9905 €43,442 €17,378 -€26,065 -60.0%

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 30 September 2026 via checked.be.