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
- Financial fixed assets -€35,648
down €35,648 (-16.4%), from €216,815 to €181,167
- Tangible fixed assets -€20,709
down €20,709 (-12.5%), from €165,855 to €145,146
of which Land and buildings: -€20,624
- Receivables within one year +€20,065
up €20,065 (+15.7%), from €127,478 to €147,543
of which Other amounts receivable: +€21,000
- Debts after one year -€23,903
down €23,903 (-35.6%), from €67,067 to €43,163
- Profit (loss) carried forward -€19,012
down €19,012 (-5.8%), from €330,145 to €311,133
- Gross operating margin -€7,908
down €7,908 (-15.3%), from €51,713 to €43,805
- Taxes -€1,983
down €1,983 (-36.7%), from €5,406 to €3,423
- Financial income -€1,001
down €1,001 (-31.6%), from €3,169 to €2,168
- Financial charges -€562
down €562 (-22.0%), from €2,551 to €1,989
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 | €759,309 | €717,330 | -€41,979 | -5.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €382,669 | €326,313 | -€56,357 | -14.7% |
| Tangible fixed assets | 22/27 | €165,855 | €145,146 | -€20,709 | -12.5% |
| Land and buildings | 22 | €165,055 | €144,431 | -€20,624 | -12.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €800 | €715 | -€85 | -10.6% |
| Financial fixed assets | 28 | €216,815 | €181,167 | -€35,648 | -16.4% |
| Current assets | 29/58 | €376,640 | €391,017 | +€14,378 | +3.8% |
| Amounts receivable within one year | 40/41 | €127,478 | €147,543 | +€20,065 | +15.7% |
| Trade receivables | 40 | €935 | €0 | -€935 | -100% |
| Other amounts receivable | 41 | €126,543 | €147,543 | +€21,000 | +16.6% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,875 | €143,474 | -€4,400 | -3.0% |
| Deferred charges and accrued income | 490/1 | €1,287 | €0 | -€1,287 | -100% |
| Total equity and liabilities | 10/49 | €759,309 | €717,330 | -€41,979 | -5.5% |
| Equity | 10/15 | €544,568 | €525,556 | -€19,012 | -3.5% |
| Contributions | 10/11 | €194,930 | €194,930 | = | 0.0% |
| Capital | 10 | €194,930 | €194,930 | = | 0.0% |
| Issued capital | 100 | €194,930 | €194,930 | = | 0.0% |
| Reserves | 13 | €19,493 | €19,493 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,493 | €19,493 | = | 0.0% |
| Legal reserve | 130 | €19,493 | €19,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330,145 | €311,133 | -€19,012 | -5.8% |
| Amounts payable | 17/49 | €214,741 | €191,774 | -€22,967 | -10.7% |
| Amounts payable after more than one year | 17 | €67,067 | €43,163 | -€23,903 | -35.6% |
| Financial debts | 170/4 | €67,067 | €43,163 | -€23,903 | -35.6% |
| Amounts payable within one year | 42/48 | €147,288 | €147,961 | +€673 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €23,365 | €23,903 | +€538 | +2.3% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €8,405 | €9,324 | +€919 | +10.9% |
| Suppliers | 440/4 | €8,405 | €9,324 | +€919 | +10.9% |
| Taxes, remuneration and social security | 45 | €11,222 | €10,438 | -€784 | -7.0% |
| Taxes | 450/3 | €11,222 | €10,438 | -€784 | -7.0% |
| Other amounts payable | 47/48 | €104,296 | €104,296 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €386 | €650 | +€264 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,348 | €20,709 | +€361 | +1.8% |
| Other operating charges | 640/8 | €8,517 | €8,865 | +€347 | +4.1% |
| Gross operating margin | 9900 | €51,713 | €43,805 | -€7,908 | -15.3% |
| Operating profit (loss) | 9901 | €22,848 | €14,232 | -€8,616 | -37.7% |
| Financial income | 75/76B | €3,169 | €2,168 | -€1,001 | -31.6% |
| Recurring financial income | 75 | €3,169 | €2,168 | -€1,001 | -31.6% |
| Financial charges | 65/66B | €2,551 | €1,989 | -€562 | -22.0% |
| Recurring financial charges | 65 | €2,551 | €1,989 | -€562 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €23,466 | €14,410 | -€9,056 | -38.6% |
| Income taxes | 67/77 | €5,406 | €3,423 | -€1,983 | -36.7% |
| Profit (loss) for the period | 9904 | €18,061 | €10,988 | -€7,073 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,061 | €10,988 | -€7,073 | -39.2% |
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 26 October 2026 via checked.be.