Bulba: 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.
Bulba
Largest movements
- Cash +€135,281
up €135,281 (+4509.4%), from €3,000 to €138,281
mainly Net result for the year (+€110,186) and Tax, wage and social debts (+€44,470)
- Receivables within one year +€19,360
new in 2025: €19,360
- Reserves +€108,470
new in 2025: €108,470
- Tax, wage and social debts +€44,470
new in 2025: €44,470
of which Taxes: +€42,470
- Profit (loss) carried forward +€1,716
up €1,716, from -€1,716 to €0
- Other debts +€1,701
new in 2025: €1,701
- Gross operating margin +€142,163
up €142,163, from -€1,394 to €140,769
- Taxes +€29,501
new in 2025: €29,501
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 | €3,000 | €157,641 | +€154,641 | +5154.7% |
| Current assets | 29/58 | €3,000 | €157,641 | +€154,641 | +5154.7% |
| Amounts receivable within one year | 40/41 | - | €19,360 | +€19,360 | |
| Trade receivables | 40 | - | €19,360 | +€19,360 | |
| Cash at bank and in hand | 54/58 | €3,000 | €138,281 | +€135,281 | +4509.4% |
| Total equity and liabilities | 10/49 | €3,000 | €157,641 | +€154,641 | +5154.7% |
| Equity | 10/15 | €1,284 | €111,470 | +€110,186 | +8580.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €108,470 | +€108,470 | |
| Distributable reserves | 133 | - | €108,470 | +€108,470 | |
| Profit (loss) carried forward | 14 | -€1,716 | €0 | +€1,716 | |
| Amounts payable | 17/49 | €1,716 | €46,171 | +€44,455 | +2590.8% |
| Amounts payable within one year | 42/48 | €966 | €46,171 | +€45,205 | +4680.2% |
| Trade debts | 44 | €966 | €0 | -€966 | -100.0% |
| Suppliers | 440/4 | €966 | €0 | -€966 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €44,470 | +€44,470 | |
| Taxes | 450/3 | - | €42,470 | +€42,470 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €1,701 | +€1,701 | |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100.0% |
| Other operating charges | 640/8 | €322 | €1,082 | +€760 | +236.1% |
| Gross operating margin | 9900 | -€1,394 | €140,769 | +€142,163 | |
| Operating profit (loss) | 9901 | -€1,716 | €139,687 | +€141,403 | |
| Profit (loss) for the period before taxes | 9903 | -€1,716 | €139,687 | +€141,403 | |
| Income taxes | 67/77 | - | €29,501 | +€29,501 | |
| Profit (loss) for the period | 9904 | -€1,716 | €110,186 | +€111,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,716 | €110,186 | +€111,902 |
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 11 October 2026 via checked.be.