BULK & SOLIDS HANDLING: 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 & SOLIDS HANDLING
Largest movements
- Cash +€69,906
up €69,906 (+273%), from €25,623 to €95,529
mainly Advances received (+€54,502) and Trade debts (+€49,700)
- Receivables within one year +€64,775
up €64,775 (+81.5%), from €79,483 to €144,258
of which Trade receivables: +€64,551
- Deferred charges and accrued income -€8,816
down €8,816 (-69.9%), from €12,604 to €3,788
- Stocks and contracts +€4,465
up €4,465 (+340%), from €1,314 to €5,779
- Advances received +€54,502
new in 2025: €54,502
- Trade debts +€49,700
up €49,700 (+116%), from €42,677 to €92,378
- Reserves +€33,558
up €33,558 (+81.3%), from €41,268 to €74,826
- Profit (loss) carried forward -€30,935
down €30,935 (-100%), from €30,935 to €0
- Other debts +€17,048
up €17,048, from €0 to €17,048
- Gross operating margin +€15,042
up €15,042 (+63.0%), from €23,881 to €38,923
- Taxes +€2,420
up €2,420 (+40.9%), from €5,916 to €8,336
- Financial income -€445
down €445 (-87.0%), from €511 to €67
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.
Derived cash bridge
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 | €132,843 | €260,499 | +€127,656 | +96.1% |
| Fixed assets | 21/28 | €7,677 | €6,587 | -€1,090 | -14.2% |
| Intangible fixed assets | 21 | €392 | €0 | -€392 | -100% |
| Tangible fixed assets | 22/27 | €7,280 | €6,587 | -€693 | -9.5% |
| Plant, machinery and equipment | 23 | €347 | €1,994 | +€1,647 | +475% |
| Furniture and vehicles | 24 | €1,078 | €474 | -€604 | -56.0% |
| Other tangible fixed assets | 26 | €5,856 | €4,119 | -€1,736 | -29.7% |
| Financial fixed assets | 28 | €5 | €0 | -€5 | -100% |
| Current assets | 29/58 | €125,166 | €253,912 | +€128,746 | +103% |
| Amounts receivable after more than one year | 29 | €6,141 | €4,558 | -€1,583 | -25.8% |
| Other amounts receivable | 291 | €6,141 | €4,558 | -€1,583 | -25.8% |
| Stocks and contracts in progress | 3 | €1,314 | €5,779 | +€4,465 | +340% |
| Stocks | 30/36 | €1,314 | €5,779 | +€4,465 | +340% |
| Amounts receivable within one year | 40/41 | €79,483 | €144,258 | +€64,775 | +81.5% |
| Trade receivables | 40 | €78,809 | €143,360 | +€64,551 | +81.9% |
| Other amounts receivable | 41 | €675 | €898 | +€223 | +33.1% |
| Cash at bank and in hand | 54/58 | €25,623 | €95,529 | +€69,906 | +273% |
| Deferred charges and accrued income | 490/1 | €12,604 | €3,788 | -€8,816 | -69.9% |
| Total equity and liabilities | 10/49 | €132,843 | €260,499 | +€127,656 | +96.1% |
| Equity | 10/15 | €78,403 | €81,026 | +€2,623 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,268 | €74,826 | +€33,558 | +81.3% |
| Distributable reserves | 133 | €41,268 | €74,826 | +€33,558 | +81.3% |
| Profit (loss) carried forward | 14 | €30,935 | €0 | -€30,935 | -100% |
| Amounts payable | 17/49 | €54,440 | €179,474 | +€125,033 | +230% |
| Amounts payable within one year | 42/48 | €46,621 | €179,041 | +€132,421 | +284% |
| Trade debts | 44 | €42,677 | €92,378 | +€49,700 | +116% |
| Suppliers | 440/4 | €42,677 | €92,378 | +€49,700 | +116% |
| Advances received on contracts in progress | 46 | - | €54,502 | +€54,502 | |
| Taxes, remuneration and social security | 45 | €3,943 | €15,113 | +€11,170 | +283% |
| Taxes | 450/3 | €3,943 | €15,113 | +€11,170 | +283% |
| Other amounts payable | 47/48 | €0 | €17,048 | +€17,048 | |
| Accrued charges and deferred income | 492/3 | €7,820 | €432 | -€7,387 | -94.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,029 | €3,155 | +€126 | +4.2% |
| Other operating charges | 640/8 | €840 | €531 | -€309 | -36.8% |
| Non-recurring operating charges | 66A | - | €6,155 | +€6,155 | |
| Gross operating margin | 9900 | €23,881 | €38,923 | +€15,042 | +63.0% |
| Operating profit (loss) | 9901 | €20,012 | €29,082 | +€9,071 | +45.3% |
| Financial income | 75/76B | €511 | €67 | -€445 | -87.0% |
| Recurring financial income | 75 | €511 | €67 | -€445 | -87.0% |
| Financial charges | 65/66B | €1,859 | €1,607 | -€252 | -13.6% |
| Recurring financial charges | 65 | €1,859 | €1,607 | -€252 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €18,664 | €27,542 | +€8,878 | +47.6% |
| Income taxes | 67/77 | €5,916 | €8,336 | +€2,420 | +40.9% |
| Profit (loss) for the period | 9904 | €12,748 | €19,206 | +€6,458 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,748 | €19,206 | +€6,458 | +50.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.