BUMACOP: 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.
BUMACOP
Largest movements
- Cash +€3.6m
up €3.6m (+593.9%), from €601,211 to €4.2m
mainly Current investments (+€2.0m) and Receivables within one year (+€1.1m)
- Current investments -€2.0m
down €2.0m (-50.2%), from €4.0m to €2.0m
- Receivables within one year -€1.1m
down €1.1m (-96.9%), from €1.1m to €35,059
of which Other amounts receivable: -€964,913
- Reserves +€515,255
up €515,255 (+8.1%), from €6.3m to €6.8m
of which Distributable reserves: +€517,000
- Financial income +€93,697
up €93,697 (+101.6%), from €92,234 to €185,931
- Gross operating margin -€13,324
down €13,324 (-2.1%), from €632,678 to €619,354
- Taxes +€12,933
up €12,933 (+8.0%), from €162,164 to €175,097
- Depreciation -€8,928
down €8,928 (-11.5%), from €77,790 to €68,862
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 | €6,519,103 | €6,916,361 | +€397,259 | +6.1% |
| Fixed assets | 21/28 | €783,332 | €720,597 | -€62,735 | -8.0% |
| Tangible fixed assets | 22/27 | €782,751 | €720,473 | -€62,278 | -8.0% |
| Land and buildings | 22 | €286,266 | €254,144 | -€32,121 | -11.2% |
| Plant, machinery and equipment | 23 | €20,147 | €19,740 | -€406 | -2.0% |
| Furniture and vehicles | 24 | €10,778 | €6,651 | -€4,127 | -38.3% |
| Other tangible fixed assets | 26 | €465,561 | €439,938 | -€25,623 | -5.5% |
| Financial fixed assets | 28 | €581 | €124 | -€457 | -78.6% |
| Current assets | 29/58 | €5,735,771 | €6,195,764 | +€459,994 | +8.0% |
| Amounts receivable within one year | 40/41 | €1,145,565 | €35,059 | -€1.1m | -96.9% |
| Trade receivables | 40 | €145,593 | €0 | -€145,593 | -100.0% |
| Other amounts receivable | 41 | €999,972 | €35,059 | -€964,913 | -96.5% |
| Current investments | 50/53 | €3,984,659 | €1,985,580 | -€2.0m | -50.2% |
| Cash at bank and in hand | 54/58 | €601,211 | €4,171,876 | +€3.6m | +593.9% |
| Deferred charges and accrued income | 490/1 | €4,335 | €3,249 | -€1,086 | -25.1% |
| Total equity and liabilities | 10/49 | €6,519,103 | €6,916,361 | +€397,259 | +6.1% |
| Equity | 10/15 | €6,387,926 | €6,904,220 | +€516,294 | +8.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,325,758 | €6,841,012 | +€515,255 | +8.1% |
| Tax-exempt reserves | 132 | €2,758 | €1,012 | -€1,745 | -63.3% |
| Distributable reserves | 133 | €6,323,000 | €6,840,000 | +€517,000 | +8.2% |
| Profit (loss) carried forward | 14 | €668 | €1,707 | +€1,039 | +155.6% |
| Provisions and deferred taxes | 16 | €1,420 | €521 | -€899 | -63.3% |
| Deferred taxes | 168 | €1,420 | €521 | -€899 | -63.3% |
| Amounts payable | 17/49 | €129,757 | €11,620 | -€118,136 | -91.0% |
| Amounts payable within one year | 42/48 | €125,168 | €11,513 | -€113,655 | -90.8% |
| Trade debts | 44 | €7,990 | €4,089 | -€3,900 | -48.8% |
| Suppliers | 440/4 | €7,990 | €4,089 | -€3,900 | -48.8% |
| Taxes, remuneration and social security | 45 | €68,542 | €750 | -€67,792 | -98.9% |
| Taxes | 450/3 | €68,542 | €750 | -€67,792 | -98.9% |
| Other amounts payable | 47/48 | €48,636 | €6,674 | -€41,963 | -86.3% |
| Accrued charges and deferred income | 492/3 | €4,589 | €107 | -€4,481 | -97.7% |
| Non-recurring operating income | 76A | €1,551 | €0 | -€1,551 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,790 | €68,862 | -€8,928 | -11.5% |
| Other operating charges | 640/8 | €13,219 | €12,628 | -€592 | -4.5% |
| Gross operating margin | 9900 | €632,678 | €619,354 | -€13,324 | -2.1% |
| Operating profit (loss) | 9901 | €541,668 | €537,864 | -€3,805 | -0.7% |
| Financial income | 75/76B | €92,234 | €185,931 | +€93,697 | +101.6% |
| Recurring financial income | 75 | €92,234 | €185,931 | +€93,697 | +101.6% |
| Financial charges | 65/66B | €32,949 | €33,302 | +€353 | +1.1% |
| Recurring financial charges | 65 | €32,949 | €33,302 | +€353 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €600,953 | €690,492 | +€89,540 | +14.9% |
| Transfer from deferred taxes | 780 | €899 | €899 | = | 0.0% |
| Income taxes | 67/77 | €162,164 | €175,097 | +€12,933 | +8.0% |
| Profit (loss) for the period | 9904 | €439,687 | €516,294 | +€76,607 | +17.4% |
| Transfer from tax-exempt reserves | 789 | €1,745 | €1,745 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €441,433 | €518,039 | +€76,607 | +17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.