BultiaSushi: 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.
BultiaSushi
Largest movements
- Cash +€70,952
up €70,952 (+510%), from €13,924 to €84,876
mainly Net result for the year (+€52,511) and Trade debts (+€17,278)
- Intangible fixed assets -€4,000
down €4,000 (-22.2%), from €18,000 to €14,000
- Stocks and contracts -€3,481
down €3,481 (-100%), from €3,481 to €0
- Deferred charges and accrued income -€3,313
down €3,313 (-51.4%), from €6,445 to €3,132
- Tangible fixed assets +€3,070
up €3,070 (+10.3%), from €29,740 to €32,810
of which Other tangible fixed assets: +€7,436
- Profit (loss) carried forward +€52,511
up €52,511 (+19,233%), from €273 to €52,784
- Trade debts +€17,278
up €17,278 (+148%), from €11,711 to €28,990
- Debts after one year -€8,047
down €8,047 (-15.3%), from €52,472 to €44,425
- Tax, wage and social debts +€3,154
up €3,154 (+36.9%), from €8,549 to €11,703
of which Remuneration and social security: +€2,424
- Gross operating margin +€182,336
up €182,336 (+351%), from €51,957 to €234,293
- Staff costs +€101,772
up €101,772 (+232%), from €43,854 to €145,626
- Taxes +€17,500
new in 2025: €17,500
- Depreciation +€5,790
up €5,790 (+112%), from €5,150 to €10,941
- Financial charges +€4,371
up €4,371 (+174%), from €2,508 to €6,879
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 | €83,488 | €148,949 | +€65,461 | +78.4% |
| Fixed assets | 21/28 | €50,995 | €50,065 | -€930 | -1.8% |
| Intangible fixed assets | 21 | €18,000 | €14,000 | -€4,000 | -22.2% |
| Tangible fixed assets | 22/27 | €29,740 | €32,810 | +€3,070 | +10.3% |
| Plant, machinery and equipment | 23 | €18,328 | €14,289 | -€4,040 | -22.0% |
| Furniture and vehicles | 24 | €7,064 | €6,738 | -€326 | -4.6% |
| Other tangible fixed assets | 26 | €4,348 | €11,783 | +€7,436 | +171% |
| Financial fixed assets | 28 | €3,255 | €3,255 | = | 0.0% |
| Current assets | 29/58 | €32,493 | €98,884 | +€66,392 | +204% |
| Stocks and contracts in progress | 3 | €3,481 | €0 | -€3,481 | -100% |
| Stocks | 30/36 | €3,481 | €0 | -€3,481 | -100% |
| Amounts receivable within one year | 40/41 | €8,642 | €10,876 | +€2,234 | +25.8% |
| Trade receivables | 40 | €2,696 | €2,882 | +€185 | +6.9% |
| Other amounts receivable | 41 | €5,946 | €7,995 | +€2,049 | +34.5% |
| Cash at bank and in hand | 54/58 | €13,924 | €84,876 | +€70,952 | +510% |
| Deferred charges and accrued income | 490/1 | €6,445 | €3,132 | -€3,313 | -51.4% |
| Total equity and liabilities | 10/49 | €83,488 | €148,949 | +€65,461 | +78.4% |
| Equity | 10/15 | €3,273 | €55,784 | +€52,511 | +1,604% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €273 | €52,784 | +€52,511 | +19,233% |
| Amounts payable | 17/49 | €80,215 | €93,165 | +€12,950 | +16.1% |
| Amounts payable after more than one year | 17 | €52,472 | €44,425 | -€8,047 | -15.3% |
| Financial debts | 170/4 | €52,472 | €44,425 | -€8,047 | -15.3% |
| Amounts payable within one year | 42/48 | €27,743 | €48,740 | +€20,997 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | €7,482 | €8,047 | +€565 | +7.6% |
| Trade debts | 44 | €11,711 | €28,990 | +€17,278 | +148% |
| Suppliers | 440/4 | €11,711 | €28,990 | +€17,278 | +148% |
| Taxes, remuneration and social security | 45 | €8,549 | €11,703 | +€3,154 | +36.9% |
| Taxes | 450/3 | €102 | €832 | +€730 | +714% |
| Remuneration and social security | 454/9 | €8,447 | €10,871 | +€2,424 | +28.7% |
| Remuneration, social security and pensions | 62 | €43,854 | €145,626 | +€101,772 | +232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,150 | €10,941 | +€5,790 | +112% |
| Other operating charges | 640/8 | €329 | €1,145 | +€816 | +248% |
| Gross operating margin | 9900 | €51,957 | €234,293 | +€182,336 | +351% |
| Operating profit (loss) | 9901 | €2,624 | €76,582 | +€73,958 | +2,818% |
| Financial income | 75/76B | €157 | €308 | +€151 | +96.2% |
| Recurring financial income | 75 | €157 | €308 | +€151 | +96.2% |
| Financial charges | 65/66B | €2,508 | €6,879 | +€4,371 | +174% |
| Recurring financial charges | 65 | €2,508 | €6,879 | +€4,371 | +174% |
| Profit (loss) for the period before taxes | 9903 | €273 | €70,011 | +€69,738 | +25,543% |
| Income taxes | 67/77 | - | €17,500 | +€17,500 | |
| Profit (loss) for the period | 9904 | €273 | €52,511 | +€52,238 | +19,133% |
| Profit (loss) for the period to be appropriated | 9905 | €273 | €52,511 | +€52,238 | +19,133% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.