bunbun: 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.
bunbun
Largest movements
- Receivables after one year +€25,000
up €25,000 (+62.5%), from €40,000 to €65,000
- Receivables within one year +€24,154
up €24,154 (+45.8%), from €52,736 to €76,891
of which Trade receivables: +€18,182
- Cash -€8,670
down €8,670 (-29.8%), from €29,067 to €20,397
mainly Receivables after one year (-€25,000) and Receivables within one year (-€24,154)
- Tangible fixed assets -€7,596
down €7,596 (-12.8%), from €59,458 to €51,862
of which Furniture and vehicles: -€16,216
- Other debts +€28,506
up €28,506 (+1439.2%), from €1,981 to €30,486
- Reserves +€19,230
up €19,230 (+17.5%), from €109,864 to €129,094
- Debts after one year -€14,857
down €14,857 (-45.0%), from €33,025 to €18,168
- Tax, wage and social debts -€3,470
down €3,470 (-23.1%), from €15,007 to €11,536
- Gross operating margin +€3,930
up €3,930 (+7.3%), from €54,080 to €58,010
- Financial income -€1,143
down €1,143 (-97.3%), from €1,174 to €31
- Taxes -€944
down €944 (-9.6%), from €9,836 to €8,892
- Other operating charges +€937
up €937 (+52.7%), from €1,780 to €2,718
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 | €182,436 | €214,150 | +€31,714 | +17.4% |
| Fixed assets | 21/28 | €59,458 | €51,862 | -€7,596 | -12.8% |
| Tangible fixed assets | 22/27 | €59,458 | €51,862 | -€7,596 | -12.8% |
| Plant, machinery and equipment | 23 | €2,105 | €1,117 | -€988 | -46.9% |
| Furniture and vehicles | 24 | €50,958 | €34,742 | -€16,216 | -31.8% |
| Other tangible fixed assets | 26 | €6,395 | €16,003 | +€9,608 | +150.2% |
| Current assets | 29/58 | €122,978 | €162,288 | +€39,310 | +32.0% |
| Amounts receivable after more than one year | 29 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Other amounts receivable | 291 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Amounts receivable within one year | 40/41 | €52,736 | €76,891 | +€24,154 | +45.8% |
| Trade receivables | 40 | €52,736 | €70,919 | +€18,182 | +34.5% |
| Other amounts receivable | 41 | - | €5,972 | +€5,972 | |
| Cash at bank and in hand | 54/58 | €29,067 | €20,397 | -€8,670 | -29.8% |
| Deferred charges and accrued income | 490/1 | €1,174 | - | -€1,174 | |
| Total equity and liabilities | 10/49 | €182,436 | €214,150 | +€31,714 | +17.4% |
| Equity | 10/15 | €114,932 | €134,162 | +€19,230 | +16.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €109,864 | €129,094 | +€19,230 | +17.5% |
| Distributable reserves | 133 | €109,864 | €129,094 | +€19,230 | +17.5% |
| Profit (loss) carried forward | 14 | €68 | €68 | = | 0.0% |
| Amounts payable | 17/49 | €67,505 | €79,988 | +€12,483 | +18.5% |
| Amounts payable after more than one year | 17 | €33,025 | €18,168 | -€14,857 | -45.0% |
| Financial debts | 170/4 | €33,025 | €18,168 | -€14,857 | -45.0% |
| Amounts payable within one year | 42/48 | €34,480 | €61,819 | +€27,340 | +79.3% |
| Current portion of amounts payable after more than one year | 42 | €14,226 | €14,857 | +€631 | +4.4% |
| Trade debts | 44 | €3,267 | €4,940 | +€1,674 | +51.2% |
| Suppliers | 440/4 | €3,267 | €4,940 | +€1,674 | +51.2% |
| Taxes, remuneration and social security | 45 | €15,007 | €11,536 | -€3,470 | -23.1% |
| Taxes | 450/3 | €15,007 | €11,536 | -€3,470 | -23.1% |
| Other amounts payable | 47/48 | €1,981 | €30,486 | +€28,506 | +1439.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,849 | €19,415 | -€434 | -2.2% |
| Other operating charges | 640/8 | €1,780 | €2,718 | +€937 | +52.7% |
| Non-recurring operating charges | 66A | - | €5,912 | +€5,912 | |
| Gross operating margin | 9900 | €54,080 | €58,010 | +€3,930 | +7.3% |
| Operating profit (loss) | 9901 | €32,450 | €29,964 | -€2,486 | -7.7% |
| Financial income | 75/76B | €1,174 | €31 | -€1,143 | -97.3% |
| Recurring financial income | 75 | €1,174 | €31 | -€1,143 | -97.3% |
| Financial charges | 65/66B | €2,427 | €1,873 | -€553 | -22.8% |
| Recurring financial charges | 65 | €2,427 | €1,873 | -€553 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €31,198 | €28,122 | -€3,076 | -9.9% |
| Income taxes | 67/77 | €9,836 | €8,892 | -€944 | -9.6% |
| Profit (loss) for the period | 9904 | €21,362 | €19,230 | -€2,132 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,362 | €19,230 | -€2,132 | -10.0% |
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 7 October 2026 via checked.be.