Bumatherm: 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.
Bumatherm
Largest movements
- Stocks and contracts -€167,657
no longer reported in 2025 (was €167,657)
- Cash -€14,061
down €14,061 (-87.1%), from €16,148 to €2,087
mainly Net result for the year (-€142,192) and Tax, wage and social debts (-€34,662)
- Receivables within one year -€3,478
down €3,478 (-64.0%), from €5,434 to €1,956
of which Trade receivables: -€4,747
- Deferred charges and accrued income -€2,465
no longer reported in 2025 (was €2,465)
- Profit (loss) carried forward -€142,192
down €142,192 (-40.8%), from -€348,690 to -€490,882
- Tax, wage and social debts -€34,662
down €34,662 (-99.8%), from €34,744 to €82
of which Remuneration and social security: -€17,339
- Trade debts -€18,318
no longer reported in 2025 (was €18,318)
- Other debts +€12,346
up €12,346 (+20.9%), from €58,973 to €71,319
- Short-term financial debts -€5,000
down €5,000 (-1.7%), from €290,000 to €285,000
- Gross operating margin -€151,822
down €151,822, from €27,775 to -€124,047
- Staff costs -€73,625
down €73,625, from €71,960 to -€1,664
- Financial charges -€13,316
down €13,316 (-43.4%), from €30,697 to €17,381
- Write-downs +€1,439
new in 2025: €1,439
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 | €193,266 | €4,979 | -€188,287 | -97.4% |
| Fixed assets | 21/28 | €1,562 | €936 | -€625 | -40.0% |
| Intangible fixed assets | 21 | €1,554 | €466 | -€1,088 | -70.0% |
| Tangible fixed assets | 22/27 | €8 | €470 | +€462 | +6092.4% |
| Land and buildings | 22 | €8 | €470 | +€462 | +6092.4% |
| Current assets | 29/58 | €191,704 | €4,042 | -€187,662 | -97.9% |
| Stocks and contracts in progress | 3 | €167,657 | - | -€167,657 | |
| Stocks | 30/36 | €167,657 | - | -€167,657 | |
| Amounts receivable within one year | 40/41 | €5,434 | €1,956 | -€3,478 | -64.0% |
| Trade receivables | 40 | €5,434 | €688 | -€4,747 | -87.3% |
| Other amounts receivable | 41 | - | €1,268 | +€1,268 | |
| Cash at bank and in hand | 54/58 | €16,148 | €2,087 | -€14,061 | -87.1% |
| Deferred charges and accrued income | 490/1 | €2,465 | - | -€2,465 | |
| Total equity and liabilities | 10/49 | €193,266 | €4,979 | -€188,287 | -97.4% |
| Equity | 10/15 | -€209,230 | -€351,422 | -€142,192 | -68.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €77,460 | €77,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €71,260 | €71,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€348,690 | -€490,882 | -€142,192 | -40.8% |
| Amounts payable | 17/49 | €402,496 | €356,401 | -€46,095 | -11.5% |
| Amounts payable within one year | 42/48 | €402,035 | €356,401 | -€45,634 | -11.4% |
| Financial debts | 43 | €290,000 | €285,000 | -€5,000 | -1.7% |
| Credit institutions | 430/8 | €290,000 | €285,000 | -€5,000 | -1.7% |
| Trade debts | 44 | €18,318 | - | -€18,318 | |
| Suppliers | 440/4 | €18,318 | - | -€18,318 | |
| Taxes, remuneration and social security | 45 | €34,744 | €82 | -€34,662 | -99.8% |
| Taxes | 450/3 | €17,405 | €82 | -€17,323 | -99.5% |
| Remuneration and social security | 454/9 | €17,339 | - | -€17,339 | |
| Other amounts payable | 47/48 | €58,973 | €71,319 | +€12,346 | +20.9% |
| Accrued charges and deferred income | 492/3 | €461 | - | -€461 | |
| Non-recurring operating income | 76A | - | €26,000 | +€26,000 | |
| Remuneration, social security and pensions | 62 | €71,960 | -€1,664 | -€73,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,255 | €625 | -€630 | -50.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,439 | +€1,439 | |
| Other operating charges | 640/8 | €739 | €320 | -€419 | -56.7% |
| Gross operating margin | 9900 | €27,775 | -€124,047 | -€151,822 | |
| Operating profit (loss) | 9901 | -€46,179 | -€124,767 | -€78,588 | -170.2% |
| Financial income | 75/76B | €372 | €38 | -€333 | -89.7% |
| Recurring financial income | 75 | €372 | €38 | -€333 | -89.7% |
| Financial charges | 65/66B | €30,697 | €17,381 | -€13,316 | -43.4% |
| Recurring financial charges | 65 | €30,697 | €17,381 | -€13,316 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€76,504 | -€142,110 | -€65,606 | -85.8% |
| Income taxes | 67/77 | €676 | €82 | -€594 | -87.8% |
| Profit (loss) for the period | 9904 | -€77,180 | -€142,192 | -€65,012 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,180 | -€142,192 | -€65,012 | -84.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.