BULK BV - BA: 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.
BULK BV - BA
Largest movements
- Receivables within one year +€38,723
up €38,723 (+1823.7%), from €2,123 to €40,847
of which Trade receivables: +€38,853
- Cash -€1,172
down €1,172 (-39.1%), from €2,993 to €1,821
mainly Receivables within one year (-€38,723) and Current portion of long-term debt (-€2,195)
- Trade debts +€31,386
up €31,386, from €0 to €31,386
- Profit (loss) carried forward +€5,372
up €5,372 (+8.7%), from -€62,102 to -€56,730
- Other debts +€2,469
up €2,469 (+5.6%), from €43,765 to €46,233
- Current portion of long-term debt -€2,195
down €2,195 (-100.0%), from €2,195 to €0
- Tax, wage and social debts +€754
up €754, from €0 to €754
- Gross operating margin +€12,488
up €12,488, from -€5,460 to €7,028
- Financial income +€2,195
new in 2025: €2,195
- Other operating charges +€640
up €640 (+108.9%), from €587 to €1,227
- Financial charges -€389
down €389 (-12.9%), from €3,013 to €2,624
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 | €5,116 | €42,668 | +€37,552 | +734.0% |
| Current assets | 29/58 | €5,116 | €42,668 | +€37,552 | +734.0% |
| Amounts receivable within one year | 40/41 | €2,123 | €40,847 | +€38,723 | +1823.7% |
| Trade receivables | 40 | €1,979 | €40,832 | +€38,853 | +1963.4% |
| Other amounts receivable | 41 | €144 | €15 | -€130 | -89.9% |
| Cash at bank and in hand | 54/58 | €2,993 | €1,821 | -€1,172 | -39.1% |
| Total equity and liabilities | 10/49 | €5,116 | €42,668 | +€37,552 | +734.0% |
| Equity | 10/15 | -€43,312 | -€37,940 | +€5,372 | +12.4% |
| Contributions | 10/11 | €18,790 | €18,790 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€62,102 | -€56,730 | +€5,372 | +8.7% |
| Amounts payable | 17/49 | €48,428 | €80,608 | +€32,180 | +66.4% |
| Amounts payable within one year | 42/48 | €45,960 | €78,372 | +€32,413 | +70.5% |
| Current portion of amounts payable after more than one year | 42 | €2,195 | €0 | -€2,195 | -100.0% |
| Trade debts | 44 | €0 | €31,386 | +€31,386 | |
| Suppliers | 440/4 | €0 | €31,386 | +€31,386 | |
| Taxes, remuneration and social security | 45 | €0 | €754 | +€754 | |
| Taxes | 450/3 | €0 | €754 | +€754 | |
| Other amounts payable | 47/48 | €43,765 | €46,233 | +€2,469 | +5.6% |
| Accrued charges and deferred income | 492/3 | €2,469 | €2,236 | -€233 | -9.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €587 | €1,227 | +€640 | +108.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€5,460 | €7,028 | +€12,488 | |
| Operating profit (loss) | 9901 | -€6,047 | €5,801 | +€11,848 | |
| Financial income | 75/76B | - | €2,195 | +€2,195 | |
| Recurring financial income | 75 | - | €2,195 | +€2,195 | |
| Financial charges | 65/66B | €3,013 | €2,624 | -€389 | -12.9% |
| Recurring financial charges | 65 | €3,013 | €2,624 | -€389 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,060 | €5,372 | +€14,432 | |
| Profit (loss) for the period | 9904 | -€9,060 | €5,372 | +€14,432 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,060 | €5,372 | +€14,432 |
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.