BUITENPROJECTS: 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.
BUITENPROJECTS
Largest movements
- Cash -€121,776
down €121,776 (-67.0%), from €181,704 to €59,928
mainly Receivables within one year (-€107,806) and Investment in fixed assets (net) (-€40,001)
- Receivables within one year +€107,806
up €107,806 (+100.9%), from €106,874 to €214,680
of which Trade receivables: +€136,595
- Tangible fixed assets +€18,496
up €18,496 (+44.4%), from €41,628 to €60,124
of which Plant, machinery and equipment: +€27,508
- Deferred charges and accrued income +€7,319
new in 2025: €7,319
- Trade debts +€32,900
up €32,900 (+14.1%), from €233,241 to €266,141
- Other debts -€27,600
down €27,600 (-43.6%), from €63,239 to €35,639
- Profit (loss) carried forward +€6,660
up €6,660 (+32.9%), from €20,258 to €26,918
- Gross operating margin +€38,851
up €38,851 (+76.8%), from €50,594 to €89,445
- Staff costs +€25,200
up €25,200 (+75.0%), from €33,600 to €58,800
- Depreciation +€6,515
up €6,515 (+43.5%), from €14,990 to €21,505
- Taxes +€2,188
up €2,188 (+549.7%), from €398 to €2,586
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.
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 | €330,206 | €342,051 | +€11,845 | +3.6% |
| Fixed assets | 21/28 | €41,628 | €60,124 | +€18,496 | +44.4% |
| Tangible fixed assets | 22/27 | €41,628 | €60,124 | +€18,496 | +44.4% |
| Plant, machinery and equipment | 23 | €5,578 | €33,086 | +€27,508 | +493.2% |
| Furniture and vehicles | 24 | €36,050 | €27,038 | -€9,012 | -25.0% |
| Current assets | 29/58 | €288,578 | €281,927 | -€6,651 | -2.3% |
| Amounts receivable within one year | 40/41 | €106,874 | €214,680 | +€107,806 | +100.9% |
| Trade receivables | 40 | €76,518 | €213,113 | +€136,595 | +178.5% |
| Other amounts receivable | 41 | €30,356 | €1,567 | -€28,789 | -94.8% |
| Cash at bank and in hand | 54/58 | €181,704 | €59,928 | -€121,776 | -67.0% |
| Deferred charges and accrued income | 490/1 | - | €7,319 | +€7,319 | |
| Total equity and liabilities | 10/49 | €330,206 | €342,051 | +€11,845 | +3.6% |
| Equity | 10/15 | €26,458 | €33,118 | +€6,660 | +25.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,258 | €26,918 | +€6,660 | +32.9% |
| Amounts payable | 17/49 | €303,748 | €308,933 | +€5,185 | +1.7% |
| Amounts payable within one year | 42/48 | €303,748 | €308,933 | +€5,185 | +1.7% |
| Trade debts | 44 | €233,241 | €266,141 | +€32,900 | +14.1% |
| Suppliers | 440/4 | €233,241 | €266,141 | +€32,900 | +14.1% |
| Taxes, remuneration and social security | 45 | €7,268 | €7,153 | -€115 | -1.6% |
| Taxes | 450/3 | €7,268 | €7,153 | -€115 | -1.6% |
| Other amounts payable | 47/48 | €63,239 | €35,639 | -€27,600 | -43.6% |
| Remuneration, social security and pensions | 62 | €33,600 | €58,800 | +€25,200 | +75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,990 | €21,505 | +€6,515 | +43.5% |
| Other operating charges | 640/8 | €345 | €203 | -€142 | -41.2% |
| Gross operating margin | 9900 | €50,594 | €89,445 | +€38,851 | +76.8% |
| Operating profit (loss) | 9901 | €1,659 | €8,937 | +€7,278 | +438.7% |
| Financial income | 75/76B | €361 | €431 | +€70 | +19.4% |
| Recurring financial income | 75 | €361 | €431 | +€70 | +19.4% |
| Non-recurring financial income | 76B | €361 | €431 | +€70 | +19.4% |
| Financial charges | 65/66B | €65 | €122 | +€57 | +87.7% |
| Recurring financial charges | 65 | €65 | €122 | +€57 | +87.7% |
| Non-recurring financial charges | 66B | €65 | €122 | +€57 | +87.7% |
| Profit (loss) for the period before taxes | 9903 | €1,955 | €9,246 | +€7,291 | +372.9% |
| Income taxes | 67/77 | €398 | €2,586 | +€2,188 | +549.7% |
| Profit (loss) for the period | 9904 | €1,557 | €6,660 | +€5,103 | +327.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,557 | €6,660 | +€5,103 | +327.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.