BULK PROCESSING SYSTEMS: 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 PROCESSING SYSTEMS
Largest movements
- Tangible fixed assets +€86,025
up €86,025 (+112.4%), from €76,544 to €162,569
of which Furniture and vehicles: +€66,594
- Stocks and contracts +€62,281
up €62,281 (+120.9%), from €51,528 to €113,809
- Receivables within one year +€49,676
up €49,676 (+12.0%), from €414,209 to €463,885
of which Trade receivables: +€42,058
- Cash -€25,289
down €25,289 (-8.2%), from €309,312 to €284,023
- Deferred charges and accrued income +€15,912
new in 2025: €15,912
- Other debts +€200,000
new in 2025: €200,000
- Short-term financial debts -€36,926
no longer reported in 2025 (was €36,926)
- Trade debts +€28,351
up €28,351 (+22.4%), from €126,386 to €154,736
- Debts after one year +€24,641
up €24,641 (+50.3%), from €49,029 to €73,670
- Reserves -€16,449
down €16,449 (-4.3%), from €386,500 to €370,051
- Gross operating margin +€414,057
up €414,057 (+110.0%), from €376,450 to €790,506
- Staff costs +€160,591
up €160,591 (+67.3%), from €238,707 to €399,297
- Depreciation +€17,972
up €17,972 (+71.7%), from €25,058 to €43,030
- Financial income +€17,474
up €17,474 (+2498.2%), from €699 to €18,174
of which Non-recurring financial income: +€16,978
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €875,451 | €1,072,780 | +€197,329 | +22.5% |
| Fixed assets | 21/28 | €100,401 | €195,150 | +€94,749 | +94.4% |
| Intangible fixed assets | 21 | €16,257 | €25,081 | +€8,824 | +54.3% |
| Tangible fixed assets | 22/27 | €76,544 | €162,569 | +€86,025 | +112.4% |
| Plant, machinery and equipment | 23 | €27,750 | €19,379 | -€8,371 | -30.2% |
| Furniture and vehicles | 24 | €48,794 | €115,388 | +€66,594 | +136.5% |
| Other tangible fixed assets | 26 | - | €27,801 | +€27,801 | |
| Financial fixed assets | 28 | €7,600 | €7,500 | -€100 | -1.3% |
| Current assets | 29/58 | €775,049 | €877,629 | +€102,580 | +13.2% |
| Stocks and contracts in progress | 3 | €51,528 | €113,809 | +€62,281 | +120.9% |
| Contracts in progress | 37 | €51,528 | €113,809 | +€62,281 | +120.9% |
| Amounts receivable within one year | 40/41 | €414,209 | €463,885 | +€49,676 | +12.0% |
| Trade receivables | 40 | €369,073 | €411,131 | +€42,058 | +11.4% |
| Other amounts receivable | 41 | €45,135 | €52,754 | +€7,618 | +16.9% |
| Cash at bank and in hand | 54/58 | €309,312 | €284,023 | -€25,289 | -8.2% |
| Deferred charges and accrued income | 490/1 | - | €15,912 | +€15,912 | |
| Total equity and liabilities | 10/49 | €875,451 | €1,072,780 | +€197,329 | +22.5% |
| Equity | 10/15 | €421,527 | €400,051 | -€21,476 | -5.1% |
| Contributions | 10/11 | €33,000 | €30,000 | -€3,000 | -9.1% |
| Reserves | 13 | €386,500 | €370,051 | -€16,449 | -4.3% |
| Distributable reserves | 133 | €386,500 | €370,051 | -€16,449 | -4.3% |
| Profit (loss) carried forward | 14 | €2,027 | - | -€2,027 | |
| Amounts payable | 17/49 | €453,924 | €672,728 | +€218,804 | +48.2% |
| Amounts payable after more than one year | 17 | €49,029 | €73,670 | +€24,641 | +50.3% |
| Financial debts | 170/4 | €49,029 | €73,670 | +€24,641 | +50.3% |
| Amounts payable within one year | 42/48 | €404,895 | €599,058 | +€194,164 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €43,453 | €42,431 | -€1,022 | -2.4% |
| Financial debts | 43 | €36,926 | - | -€36,926 | |
| Other loans | 439 | €36,926 | - | -€36,926 | |
| Trade debts | 44 | €126,386 | €154,736 | +€28,351 | +22.4% |
| Suppliers | 440/4 | €126,386 | €154,736 | +€28,351 | +22.4% |
| Advances received on contracts in progress | 46 | €156,090 | €159,175 | +€3,085 | +2.0% |
| Taxes, remuneration and social security | 45 | €42,040 | €42,717 | +€676 | +1.6% |
| Taxes | 450/3 | €14,812 | €6,249 | -€8,563 | -57.8% |
| Remuneration and social security | 454/9 | €27,228 | €36,467 | +€9,239 | +33.9% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Remuneration, social security and pensions | 62 | €238,707 | €399,297 | +€160,591 | +67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,058 | €43,030 | +€17,972 | +71.7% |
| Other operating charges | 640/8 | €1,406 | €2,321 | +€916 | +65.1% |
| Gross operating margin | 9900 | €376,450 | €790,506 | +€414,057 | +110.0% |
| Operating profit (loss) | 9901 | €111,279 | €345,858 | +€234,578 | +210.8% |
| Financial income | 75/76B | €699 | €18,174 | +€17,474 | +2498.2% |
| Recurring financial income | 75 | €699 | €1,196 | +€496 | +71.0% |
| Non-recurring financial income | 76B | - | €16,978 | +€16,978 | |
| Financial charges | 65/66B | €5,509 | €6,560 | +€1,051 | +19.1% |
| Recurring financial charges | 65 | €5,509 | €6,560 | +€1,051 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €106,470 | €357,472 | +€251,002 | +235.8% |
| Income taxes | 67/77 | €34,906 | €37,447 | +€2,541 | +7.3% |
| Profit (loss) for the period | 9904 | €71,563 | €320,025 | +€248,461 | +347.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,563 | €320,025 | +€248,461 | +347.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 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.