BULTER MAX GROUP BV: what changed
BULTER MAX GROUP BV
Largest movements
- Tangible fixed assets +€4,903
up €4,903, from €0 to €4,903
- Stocks and contracts -€4,700
down €4,700 (-100%), from €4,700 to €0
- Cash -€2,565
down €2,565 (-99.3%), from €2,583 to €18
mainly Investment in fixed assets (net) (-€5,823) and Receivables within one year (-€2,289)
- Receivables within one year +€2,289
up €2,289 (+4,594%), from €50 to €2,339
of which Trade receivables: +€1,968
- Deferred charges and accrued income +€170
up €170 (+204%), from €83 to €253
- Trade debts +€501
up €501 (+180%), from €278 to €779
- Profit (loss) carried forward -€384
down €384 (-16.2%), from -€2,373 to -€2,757
- Gross operating margin -€3,257
down €3,257 (-78.2%), from €4,164 to €906
- Depreciation -€440
down €440 (-32.3%), from €1,360 to €921
- Other operating charges -€59
down €59 (-14.2%), from €417 to €357
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,416 | €7,512 | +€96 | +1.3% |
| Fixed assets | 21/28 | €0 | €4,903 | +€4,903 | |
| Tangible fixed assets | 22/27 | €0 | €4,903 | +€4,903 | |
| Furniture and vehicles | 24 | €0 | €4,903 | +€4,903 | |
| Current assets | 29/58 | €7,416 | €2,610 | -€4,806 | -64.8% |
| Stocks and contracts in progress | 3 | €4,700 | €0 | -€4,700 | -100% |
| Contracts in progress | 37 | €4,700 | €0 | -€4,700 | -100% |
| Amounts receivable within one year | 40/41 | €50 | €2,339 | +€2,289 | +4,594% |
| Trade receivables | 40 | - | €1,968 | +€1,968 | |
| Other amounts receivable | 41 | €50 | €371 | +€321 | +644% |
| Cash at bank and in hand | 54/58 | €2,583 | €18 | -€2,565 | -99.3% |
| Deferred charges and accrued income | 490/1 | €83 | €253 | +€170 | +204% |
| Total equity and liabilities | 10/49 | €7,416 | €7,512 | +€96 | +1.3% |
| Equity | 10/15 | -€1,373 | -€1,757 | -€384 | -27.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,373 | -€2,757 | -€384 | -16.2% |
| Amounts payable | 17/49 | €8,789 | €9,269 | +€480 | +5.5% |
| Amounts payable within one year | 42/48 | €8,789 | €9,269 | +€480 | +5.5% |
| Trade debts | 44 | €278 | €779 | +€501 | +180% |
| Suppliers | 440/4 | €278 | €779 | +€501 | +180% |
| Other amounts payable | 47/48 | €8,511 | €8,489 | -€21 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,360 | €921 | -€440 | -32.3% |
| Other operating charges | 640/8 | €417 | €357 | -€59 | -14.2% |
| Gross operating margin | 9900 | €4,164 | €906 | -€3,257 | -78.2% |
| Operating profit (loss) | 9901 | €2,387 | -€372 | -€2,758 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | - | €12 | +€12 | |
| Recurring financial charges | 65 | - | €12 | +€12 | |
| Profit (loss) for the period before taxes | 9903 | €2,387 | -€384 | -€2,770 | |
| Profit (loss) for the period | 9904 | €2,387 | -€384 | -€2,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,387 | -€384 | -€2,770 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.