Bulx: what changed
Two fiscal 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.
Bulx
Largest movements
- Tangible fixed assets +€593,791
new in 2023: €593,791
- Receivables within one year +€15,651
up €15,651 (+10.5%), from €148,909 to €164,560
of which Trade receivables: +€16,481
- Cash -€13,084
down €13,084 (-57.4%), from €22,808 to €9,724
mainly Investment in fixed assets (net) (-€623,650) and Net result for the year (-€55,126)
- Stocks and contracts +€10,866
up €10,866 (+31.2%), from €34,842 to €45,708
- Debts after one year +€501,036
new in 2023: €501,036
- Other debts +€83,704
up €83,704 (+1277.6%), from €6,552 to €90,256
- Profit (loss) carried forward -€55,126
down €55,126, from €29,848 to -€25,278
- Current portion of long-term debt +€42,179
new in 2023: €42,179
- Trade debts +€37,607
up €37,607 (+23.8%), from €158,302 to €195,909
- Gross operating margin -€49,044
down €49,044, from €40,337 to -€8,707
- Depreciation +€29,859
new in 2023: €29,859
- Financial charges +€12,805
up €12,805 (+3465.6%), from €370 to €13,175
- Taxes -€7,967
down €7,967 (-100.0%), from €7,967 to €0
- Other operating charges +€1,246
up €1,246 (+57.9%), from €2,152 to €3,398
From the 2022 result to the 2023 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
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €206,991 | €814,460 | +€607,469 | +293.5% |
| Fixed assets | 21/28 | - | €593,791 | +€593,791 | |
| Tangible fixed assets | 22/27 | - | €593,791 | +€593,791 | |
| Land and buildings | 22 | - | €593,791 | +€593,791 | |
| Current assets | 29/58 | €206,991 | €220,670 | +€13,679 | +6.6% |
| Stocks and contracts in progress | 3 | €34,842 | €45,708 | +€10,866 | +31.2% |
| Stocks | 30/36 | €34,842 | €45,708 | +€10,866 | +31.2% |
| Amounts receivable within one year | 40/41 | €148,909 | €164,560 | +€15,651 | +10.5% |
| Trade receivables | 40 | €145,273 | €161,754 | +€16,481 | +11.3% |
| Other amounts receivable | 41 | €3,635 | €2,805 | -€830 | -22.8% |
| Cash at bank and in hand | 54/58 | €22,808 | €9,724 | -€13,084 | -57.4% |
| Deferred charges and accrued income | 490/1 | €433 | €678 | +€245 | +56.7% |
| Total equity and liabilities | 10/49 | €206,991 | €814,460 | +€607,469 | +293.5% |
| Equity | 10/15 | €31,848 | -€23,278 | -€55,126 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,848 | -€25,278 | -€55,126 | |
| Amounts payable | 17/49 | €175,143 | €837,738 | +€662,595 | +378.3% |
| Amounts payable after more than one year | 17 | - | €501,036 | +€501,036 | |
| Financial debts | 170/4 | - | €501,036 | +€501,036 | |
| Amounts payable within one year | 42/48 | €175,143 | €336,703 | +€161,559 | +92.2% |
| Current portion of amounts payable after more than one year | 42 | - | €42,179 | +€42,179 | |
| Trade debts | 44 | €158,302 | €195,909 | +€37,607 | +23.8% |
| Suppliers | 440/4 | €158,302 | €195,909 | +€37,607 | +23.8% |
| Taxes, remuneration and social security | 45 | €10,289 | €8,359 | -€1,930 | -18.8% |
| Taxes | 450/3 | €10,289 | €8,359 | -€1,930 | -18.8% |
| Other amounts payable | 47/48 | €6,552 | €90,256 | +€83,704 | +1277.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €29,859 | +€29,859 | |
| Other operating charges | 640/8 | €2,152 | €3,398 | +€1,246 | +57.9% |
| Gross operating margin | 9900 | €40,337 | -€8,707 | -€49,044 | |
| Operating profit (loss) | 9901 | €38,185 | -€41,964 | -€80,149 | |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €370 | €13,175 | +€12,805 | +3465.6% |
| Recurring financial charges | 65 | €370 | €13,175 | +€12,805 | +3465.6% |
| Profit (loss) for the period before taxes | 9903 | €37,815 | -€55,126 | -€92,941 | |
| Income taxes | 67/77 | €7,967 | €0 | -€7,967 | -100.0% |
| Profit (loss) for the period | 9904 | €29,848 | -€55,126 | -€84,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,848 | -€55,126 | -€84,974 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.