BULK.ID: 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
BULK.ID
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€707,849
2024 · €1.6m-€901,901
Equity
€848,765
2024 · €690,916+€157,849
Cash
€103,024
2024 · €93,460+€9,564
Balance sheet total
€10.1m
2024 · €14.7m-€4.6m
Largest movements
Assets
- Receivables within one year -€3.7m
down €3.7m (-65.1%), from €5.7m to €2.0m
of which Trade receivables: -€2.5m
- Current investments -€871,301
down €871,301 (-10.3%), from €8.5m to €7.6m
Equity and liabilities
- Advances received -€3.9m
down €3.9m (-42.1%), from €9.4m to €5.4m
- Other debts -€950,000
down €950,000 (-63.3%), from €1.5m to €550,000
- Accrued charges and deferred income +€286,037
up €286,037 (+17020.3%), from €1,681 to €287,717
- Trade debts -€275,574
down €275,574 (-10.0%), from €2.7m to €2.5m
- Profit (loss) carried forward +€157,849
up €157,849 (+23.9%), from €659,709 to €817,558
Income statement
- Turnover -€11.4m
down €11.4m (-54.0%), from €21.1m to €9.7m
- Goods and materials -€9.7m
down €9.7m (-55.1%), from €17.7m to €7.9m
- Staff costs -€436,425
down €436,425 (-51.5%), from €848,093 to €411,668
- Services and other goods -€377,239
down €377,239 (-42.7%), from €882,603 to €505,364
- Taxes -€309,778
down €309,778 (-56.0%), from €553,001 to €243,223
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.
Result 2024
€1.6m
Turnover
-€11.4m
Other operating income
-€131,681
Goods and materials
+€9.7m
Services and other goods
+€377,239
Staff costs
+€436,425
Depreciation
+€65
Other operating charges
+€5,936
Other operating items
-€277,980
Financial income
-€46,206
Financial charges
+€51,323
Taxes
+€309,778
Result 2025
€707,849
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.
From operations
-€270,462
Investment
+€732,315
Financing
-€452,290
Cash 2024
€93,460
From operations (derived)
-€270,462
Net result for the year
+€707,849
Depreciation
+€38,022
Stocks and contracts
+€141,365
Receivables within one year
+€3.7m
Smaller working-capital items
+€10,597
Trade debts
-€275,574
Advances received
-€3.9m
Other debts
-€950,000
Accrued charges and deferred income
+€286,037
Investment (derived)
+€732,315
Investment in fixed assets (net)
-€138,986
Current investments
+€871,301
Financing
-€452,290
Debts after one year
+€72,984
Current portion of long-term debt
+€24,726
Contributions, distributions and other
-€550,000
Cash 2025
€103,024
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,697,669 | €10,073,753 | -€4.6m | -31.5% |
| Fixed assets | 21/28 | €217,781 | €318,745 | +€100,964 | +46.4% |
| Tangible fixed assets | 22/27 | €217,781 | €318,745 | +€100,964 | +46.4% |
| Plant, machinery and equipment | 23 | €2,036 | €1,825 | -€211 | -10.4% |
| Furniture and vehicles | 24 | €215,745 | €316,921 | +€101,176 | +46.9% |
| Current assets | 29/58 | €14,479,888 | €9,755,008 | -€4.7m | -32.6% |
| Stocks and contracts in progress | 3 | €141,365 | €0 | -€141,365 | -100.0% |
| Contracts in progress | 37 | €141,365 | €0 | -€141,365 | -100.0% |
| Amounts receivable within one year | 40/41 | €5,714,048 | €1,996,250 | -€3.7m | -65.1% |
| Trade receivables | 40 | €4,340,203 | €1,818,272 | -€2.5m | -58.1% |
| Other amounts receivable | 41 | €1,373,845 | €177,977 | -€1.2m | -87.0% |
| Current investments | 50/53 | €8,486,954 | €7,615,652 | -€871,301 | -10.3% |
| Other investments | 51/53 | €8,486,954 | €7,615,652 | -€871,301 | -10.3% |
| Cash at bank and in hand | 54/58 | €93,460 | €103,024 | +€9,564 | +10.2% |
| Deferred charges and accrued income | 490/1 | €44,061 | €40,083 | -€3,978 | -9.0% |
| Total equity and liabilities | 10/49 | €14,697,669 | €10,073,753 | -€4.6m | -31.5% |
| Equity | 10/15 | €690,916 | €848,765 | +€157,849 | +22.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,007 | €25,007 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,147 | €23,147 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €659,709 | €817,558 | +€157,849 | +23.9% |
| Amounts payable | 17/49 | €14,006,753 | €9,224,989 | -€4.8m | -34.1% |
| Amounts payable after more than one year | 17 | €112,676 | €185,660 | +€72,984 | +64.8% |
| Financial debts | 170/4 | €112,676 | €185,660 | +€72,984 | +64.8% |
| Credit institutions | 173 | €112,676 | €185,660 | +€72,984 | +64.8% |
| Amounts payable within one year | 42/48 | €13,892,396 | €8,751,611 | -€5.1m | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €40,826 | €65,552 | +€24,726 | +60.6% |
| Trade debts | 44 | €2,742,450 | €2,466,876 | -€275,574 | -10.0% |
| Suppliers | 440/4 | €2,742,450 | €2,466,876 | -€275,574 | -10.0% |
| Advances received on contracts in progress | 46 | €9,371,314 | €5,424,759 | -€3.9m | -42.1% |
| Taxes, remuneration and social security | 45 | €237,806 | €244,424 | +€6,618 | +2.8% |
| Taxes | 450/3 | €126,201 | €171,548 | +€45,347 | +35.9% |
| Remuneration and social security | 454/9 | €111,604 | €72,875 | -€38,729 | -34.7% |
| Other amounts payable | 47/48 | €1,500,000 | €550,000 | -€950,000 | -63.3% |
| Accrued charges and deferred income | 492/3 | €1,681 | €287,717 | +€286,037 | +17020.3% |
| Operating income | 70/76A | €21,484,051 | €9,698,909 | -€11.8m | -54.9% |
| Turnover | 70 | €21,080,006 | €9,707,276 | -€11.4m | -54.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €141,365 | -€141,365 | -€282,730 | |
| Other operating income | 74 | €262,680 | €130,999 | -€131,681 | -50.1% |
| Non-recurring operating income | 76A | €0 | €2,000 | +€2,000 | |
| Operating charges | 60/66A | €19,458,586 | €8,890,240 | -€10.6m | -54.3% |
| Goods for resale, raw materials and consumables | 60 | €17,680,276 | €7,934,346 | -€9.7m | -55.1% |
| Purchases | 600/8 | €17,680,276 | €7,934,346 | -€9.7m | -55.1% |
| Services and other goods | 61 | €882,603 | €505,364 | -€377,239 | -42.7% |
| Remuneration, social security and pensions | 62 | €848,093 | €411,668 | -€436,425 | -51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,087 | €38,022 | -€65 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €6,777 | €840 | -€5,936 | -87.6% |
| Non-recurring operating charges | 66A | €2,750 | €0 | -€2,750 | -100.0% |
| Operating profit (loss) | 9901 | €2,025,465 | €808,669 | -€1.2m | -60.1% |
| Financial income | 75/76B | €207,309 | €161,103 | -€46,206 | -22.3% |
| Recurring financial income | 75 | €207,309 | €161,103 | -€46,206 | -22.3% |
| Income from current assets | 751 | €14,721 | €19,834 | +€5,113 | +34.7% |
| Other financial income | 752/9 | €192,589 | €141,269 | -€51,320 | -26.6% |
| Financial charges | 65/66B | €70,024 | €18,701 | -€51,323 | -73.3% |
| Recurring financial charges | 65 | €70,024 | €18,701 | -€51,323 | -73.3% |
| Debt charges | 650 | €5,040 | €3,985 | -€1,055 | -20.9% |
| Other financial charges | 652/9 | €64,983 | €14,715 | -€50,268 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €2,162,751 | €951,072 | -€1.2m | -56.0% |
| Income taxes | 67/77 | €553,001 | €243,223 | -€309,778 | -56.0% |
| Taxes | 670/3 | €553,001 | €243,223 | -€309,778 | -56.0% |
| Profit (loss) for the period | 9904 | €1,609,750 | €707,849 | -€901,901 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,609,750 | €707,849 | -€901,901 | -56.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.