BUMA: 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.
BUMA
Largest movements
- Cash +€46,726
up €46,726 (+208.2%), from €22,442 to €69,168
mainly Depreciation (+€25,185) and Receivables within one year (+€22,061)
- Tangible fixed assets -€22,254
down €22,254 (-25.3%), from €88,052 to €65,797
of which Furniture and vehicles: -€12,767
- Receivables within one year -€22,061
down €22,061 (-13.2%), from €166,972 to €144,911
of which Trade receivables: -€16,444
- Tax, wage and social debts +€10,131
up €10,131 (+26.6%), from €38,110 to €48,242
of which Remuneration and social security: +€8,905
- Trade debts -€7,803
down €7,803 (-19.0%), from €41,149 to €33,347
- Staff costs -€9,177
down €9,177 (-3.3%), from €280,839 to €271,662
- Gross operating margin -€8,285
down €8,285 (-2.6%), from €321,842 to €313,557
- Depreciation -€5,614
down €5,614 (-18.2%), from €30,799 to €25,185
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.
Cash bridge derived
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 | €453,703 | €455,604 | +€1,901 | +0.4% |
| Fixed assets | 21/28 | €88,052 | €65,797 | -€22,254 | -25.3% |
| Tangible fixed assets | 22/27 | €88,052 | €65,797 | -€22,254 | -25.3% |
| Land and buildings | 22 | €47,270 | €40,526 | -€6,745 | -14.3% |
| Plant, machinery and equipment | 23 | €25,166 | €22,423 | -€2,743 | -10.9% |
| Furniture and vehicles | 24 | €15,615 | €2,849 | -€12,767 | -81.8% |
| Current assets | 29/58 | €365,651 | €389,806 | +€24,156 | +6.6% |
| Stocks and contracts in progress | 3 | €162,099 | €163,919 | +€1,820 | +1.1% |
| Stocks | 30/36 | €162,099 | €163,919 | +€1,820 | +1.1% |
| Amounts receivable within one year | 40/41 | €166,972 | €144,911 | -€22,061 | -13.2% |
| Trade receivables | 40 | €161,355 | €144,911 | -€16,444 | -10.2% |
| Other amounts receivable | 41 | €5,617 | - | -€5,617 | |
| Cash at bank and in hand | 54/58 | €22,442 | €69,168 | +€46,726 | +208.2% |
| Deferred charges and accrued income | 490/1 | €14,138 | €11,808 | -€2,330 | -16.5% |
| Total equity and liabilities | 10/49 | €453,703 | €455,604 | +€1,901 | +0.4% |
| Equity | 10/15 | €37,089 | €37,670 | +€581 | +1.6% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €28,413 | €28,994 | +€581 | +2.0% |
| Tax-exempt reserves | 132 | €1,209 | €1,209 | = | 0.0% |
| Distributable reserves | 133 | €27,203 | €27,785 | +€581 | +2.1% |
| Amounts payable | 17/49 | €416,614 | €417,934 | +€1,320 | +0.3% |
| Amounts payable after more than one year | 17 | €287,646 | €287,646 | = | 0.0% |
| Financial debts | 170/4 | €287,646 | €287,646 | = | 0.0% |
| Amounts payable within one year | 42/48 | €128,968 | €130,288 | +€1,320 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €5,136 | €4,250 | -€886 | -17.2% |
| Trade debts | 44 | €41,149 | €33,347 | -€7,803 | -19.0% |
| Suppliers | 440/4 | €41,149 | €33,347 | -€7,803 | -19.0% |
| Taxes, remuneration and social security | 45 | €38,110 | €48,242 | +€10,131 | +26.6% |
| Taxes | 450/3 | - | €1,226 | +€1,226 | |
| Remuneration and social security | 454/9 | €38,110 | €47,015 | +€8,905 | +23.4% |
| Other amounts payable | 47/48 | €44,573 | €44,449 | -€123 | -0.3% |
| Remuneration, social security and pensions | 62 | €280,839 | €271,662 | -€9,177 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,799 | €25,185 | -€5,614 | -18.2% |
| Other operating charges | 640/8 | €11,713 | €11,969 | +€257 | +2.2% |
| Gross operating margin | 9900 | €321,842 | €313,557 | -€8,285 | -2.6% |
| Operating profit (loss) | 9901 | -€1,508 | €4,741 | +€6,249 | |
| Financial income | 75/76B | - | €386 | +€386 | |
| Recurring financial income | 75 | - | €386 | +€386 | |
| Financial charges | 65/66B | €231 | €439 | +€208 | +90.3% |
| Recurring financial charges | 65 | €87 | €439 | +€352 | +406.5% |
| Non-recurring financial charges | 66B | €144 | €439 | +€295 | +204.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,738 | €4,688 | +€6,426 | |
| Income taxes | 67/77 | €2,689 | €4,107 | +€1,417 | +52.7% |
| Profit (loss) for the period | 9904 | -€4,428 | €581 | +€5,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,428 | €581 | +€5,009 |
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 9 October 2026 via checked.be.