BÚN: 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.
BÚN
Largest movements
- Receivables within one year +€40,753
up €40,753 (+112.5%), from €36,226 to €76,979
of which Other amounts receivable: +€41,090
- Tangible fixed assets -€27,851
down €27,851 (-10.7%), from €259,194 to €231,343
of which Other tangible fixed assets: -€27,648
- Cash -€19,387
down €19,387 (-21.7%), from €89,449 to €70,062
mainly Receivables within one year (-€40,753) and Investment in fixed assets (net) (-€29,293)
- Debts after one year -€28,801
down €28,801 (-48.9%), from €58,844 to €30,044
- Reserves +€10,604
up €10,604 (+8.3%), from €127,837 to €138,440
of which Distributable reserves: +€10,604
- Tax, wage and social debts +€10,168
up €10,168 (+9.0%), from €113,588 to €123,755
of which Taxes: +€9,198
- Gross operating margin -€34,738
down €34,738 (-4.6%), from €755,677 to €720,939
- Staff costs -€14,527
down €14,527 (-2.2%), from €661,816 to €647,289
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €424,171 | €414,673 | -€9,498 | -2.2% |
| Fixed assets | 21/28 | €262,754 | €234,903 | -€27,851 | -10.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €259,194 | €231,343 | -€27,851 | -10.7% |
| Plant, machinery and equipment | 23 | €29,779 | €29,740 | -€39 | -0.1% |
| Furniture and vehicles | 24 | €7,251 | €7,087 | -€164 | -2.3% |
| Other tangible fixed assets | 26 | €222,164 | €194,516 | -€27,648 | -12.4% |
| Financial fixed assets | 28 | €3,560 | €3,560 | = | 0.0% |
| Current assets | 29/58 | €161,417 | €179,770 | +€18,354 | +11.4% |
| Stocks and contracts in progress | 3 | €28,452 | €27,989 | -€462 | -1.6% |
| Stocks | 30/36 | €28,452 | €27,989 | -€462 | -1.6% |
| Amounts receivable within one year | 40/41 | €36,226 | €76,979 | +€40,753 | +112.5% |
| Trade receivables | 40 | €21,413 | €21,075 | -€337 | -1.6% |
| Other amounts receivable | 41 | €14,813 | €55,903 | +€41,090 | +277.4% |
| Cash at bank and in hand | 54/58 | €89,449 | €70,062 | -€19,387 | -21.7% |
| Deferred charges and accrued income | 490/1 | €7,290 | €4,740 | -€2,550 | -35.0% |
| Total equity and liabilities | 10/49 | €424,171 | €414,673 | -€9,498 | -2.2% |
| Equity | 10/15 | €146,437 | €157,040 | +€10,604 | +7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,837 | €138,440 | +€10,604 | +8.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €125,977 | €136,580 | +€10,604 | +8.4% |
| Amounts payable | 17/49 | €277,734 | €257,633 | -€20,102 | -7.2% |
| Amounts payable after more than one year | 17 | €58,844 | €30,044 | -€28,801 | -48.9% |
| Financial debts | 170/4 | €58,844 | €30,044 | -€28,801 | -48.9% |
| Amounts payable within one year | 42/48 | €201,693 | €212,268 | +€10,575 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €37,669 | €36,988 | -€681 | -1.8% |
| Trade debts | 44 | €50,437 | €51,525 | +€1,088 | +2.2% |
| Suppliers | 440/4 | €50,437 | €51,525 | +€1,088 | +2.2% |
| Taxes, remuneration and social security | 45 | €113,588 | €123,755 | +€10,168 | +9.0% |
| Taxes | 450/3 | €29,852 | €39,050 | +€9,198 | +30.8% |
| Remuneration and social security | 454/9 | €83,735 | €84,705 | +€970 | +1.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €17,197 | €15,321 | -€1,876 | -10.9% |
| Non-recurring operating income | 76A | €88 | €0 | -€88 | -100.0% |
| Remuneration, social security and pensions | 62 | €661,816 | €647,289 | -€14,527 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,829 | €57,144 | -€684 | -1.2% |
| Other operating charges | 640/8 | €1,960 | €3,973 | +€2,013 | +102.7% |
| Non-recurring operating charges | 66A | €530 | €69 | -€461 | -87.0% |
| Gross operating margin | 9900 | €755,677 | €720,939 | -€34,738 | -4.6% |
| Operating profit (loss) | 9901 | €33,543 | €12,464 | -€21,079 | -62.8% |
| Financial income | 75/76B | €537 | €1,821 | +€1,284 | +239.0% |
| Recurring financial income | 75 | €537 | €1,821 | +€1,284 | +239.0% |
| Financial charges | 65/66B | €4,123 | €3,681 | -€443 | -10.7% |
| Recurring financial charges | 65 | €4,123 | €3,681 | -€443 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €29,957 | €10,604 | -€19,353 | -64.6% |
| Profit (loss) for the period | 9904 | €29,957 | €10,604 | -€19,353 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,957 | €10,604 | -€19,353 | -64.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.