BULLE NATURA: what changed
BULLE NATURA
Largest movements
- Cash -€24,611
down €24,611 (-51.1%), from €48,199 to €23,588
mainly Trade debts (-€20,997) and Tax, wage and social debts (-€10,478)
- Receivables after one year -€16,756
down €16,756 (-65.4%), from €25,616 to €8,860
- Receivables within one year -€3,449
down €3,449 (-1.7%), from €201,945 to €198,496
of which Trade receivables: -€6,790
- Trade debts -€20,997
down €20,997 (-10.7%), from €196,747 to €175,750
- Tax, wage and social debts -€10,478
down €10,478 (-13.9%), from €75,540 to €65,062
of which Taxes: -€27,695
- Profit (loss) carried forward -€10,297
down €10,297, from €1,340 to -€8,957
- Gross operating margin +€168,126
up €168,126 (+718%), from €23,417 to €191,542
- Other operating charges +€56,193
up €56,193 (+1,475%), from €3,810 to €60,003
- Staff costs +€51,788
up €51,788 (+72.3%), from €71,582 to €123,370
- Taxes +€10,565
up €10,565 (+426%), from €2,482 to €13,047
- Write-downs +€3,382
no longer reported in 2025 (was -€3,382)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,627 | €236,855 | -€41,772 | -15.0% |
| Fixed assets | 21/28 | €2,868 | €3,790 | +€922 | +32.2% |
| Tangible fixed assets | 22/27 | €2,868 | €3,790 | +€922 | +32.2% |
| Plant, machinery and equipment | 23 | €1,741 | €1,165 | -€576 | -33.1% |
| Furniture and vehicles | 24 | €1,127 | €2,624 | +€1,498 | +133% |
| Current assets | 29/58 | €275,760 | €233,065 | -€42,694 | -15.5% |
| Amounts receivable after more than one year | 29 | €25,616 | €8,860 | -€16,756 | -65.4% |
| Trade receivables | 290 | €25,616 | €8,860 | -€16,756 | -65.4% |
| Amounts receivable within one year | 40/41 | €201,945 | €198,496 | -€3,449 | -1.7% |
| Trade receivables | 40 | €201,945 | €195,155 | -€6,790 | -3.4% |
| Other amounts receivable | 41 | - | €3,341 | +€3,341 | |
| Cash at bank and in hand | 54/58 | €48,199 | €23,588 | -€24,611 | -51.1% |
| Deferred charges and accrued income | 490/1 | - | €2,121 | +€2,121 | |
| Total equity and liabilities | 10/49 | €278,627 | €236,855 | -€41,772 | -15.0% |
| Equity | 10/15 | €6,340 | -€3,957 | -€10,297 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,340 | -€8,957 | -€10,297 | |
| Amounts payable | 17/49 | €272,287 | €240,812 | -€31,475 | -11.6% |
| Amounts payable within one year | 42/48 | €272,287 | €240,812 | -€31,475 | -11.6% |
| Trade debts | 44 | €196,747 | €175,750 | -€20,997 | -10.7% |
| Suppliers | 440/4 | €196,747 | €175,750 | -€20,997 | -10.7% |
| Taxes, remuneration and social security | 45 | €75,540 | €65,062 | -€10,478 | -13.9% |
| Taxes | 450/3 | €60,949 | €33,254 | -€27,695 | -45.4% |
| Remuneration and social security | 454/9 | €14,591 | €31,808 | +€17,217 | +118% |
| Remuneration, social security and pensions | 62 | €71,582 | €123,370 | +€51,788 | +72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,348 | €1,530 | -€818 | -34.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,382 | - | +€3,382 | |
| Other operating charges | 640/8 | €3,810 | €60,003 | +€56,193 | +1,475% |
| Gross operating margin | 9900 | €23,417 | €191,542 | +€168,126 | +718% |
| Operating profit (loss) | 9901 | -€50,942 | €6,639 | +€57,581 | |
| Financial income | 75/76B | €1,572 | €24 | -€1,548 | -98.5% |
| Recurring financial income | 75 | €1,572 | €24 | -€1,548 | -98.5% |
| Financial charges | 65/66B | €2,571 | €3,914 | +€1,343 | +52.3% |
| Recurring financial charges | 65 | €2,571 | €3,914 | +€1,343 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | -€51,940 | €2,750 | +€54,689 | |
| Income taxes | 67/77 | €2,482 | €13,047 | +€10,565 | +426% |
| Profit (loss) for the period | 9904 | -€54,422 | -€10,297 | +€44,125 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,422 | -€10,297 | +€44,125 | +81.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.