BUNDERBEEK: 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.
What changed
BUNDERBEEK
NACE 70.200, Business and other management consultancy
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€18,277
2023 · -€20,833+€2,556
Equity
€1.0m
2023 · €1.0m-€18,277
Cash
€48,843
2023 · €51,425-€2,582
Balance sheet total
€2.9m
2023 · €3.0m-€9,803
Largest movements
Assets
- Tangible fixed assets -€33,136
down €33,136 (-2.4%), from €1.4m to €1.3m
of which Land and buildings: -€32,218
Equity and liabilities
- Debts after one year -€62,060
down €62,060 (-3.8%), from €1.6m to €1.6m
- Accrued charges and deferred income +€55,442
up €55,442 (+64.6%), from €85,757 to €141,199
Income statement
- Gross operating margin +€18,983
up €18,983 (+26.4%), from €72,025 to €91,009
- Financial charges +€10,629
up €10,629 (+16.5%), from €64,241 to €74,870
- Other operating charges +€5,952
up €5,952 (+502.8%), from €1,184 to €7,136
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.
Result 2023
-€20,833
Gross operating margin
+€18,983
Depreciation
-€204
Other operating charges
-€5,952
Financial income
+€87
Financial charges
-€10,629
Taxes
+€210
Deferred taxes and other
+€62
Result 2024
-€18,277
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.
From operations
+€60,910
Investment
-€1,792
Financing
-€61,701
Cash 2023
€51,425
From operations (derived)
+€60,910
Net result for the year
-€18,277
Depreciation
+€34,928
Receivables within one year
-€25,180
Deferred charges and accrued income
-€735
Provisions
-€6,431
Trade debts
+€1,976
Tax, wage and social debts
-€811
Other debts
+€20,000
Accrued charges and deferred income
+€55,442
Investment (derived)
-€1,792
Investment in fixed assets (net)
-€1,792
Financing
-€61,701
Debts after one year
-€62,060
Current portion of long-term debt
+€359
Cash 2024
€48,843
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,957,878 | €2,948,075 | -€9,803 | -0.3% |
| Fixed assets | 21/28 | €1,853,504 | €1,820,368 | -€33,136 | -1.8% |
| Tangible fixed assets | 22/27 | €1,377,361 | €1,344,225 | -€33,136 | -2.4% |
| Land and buildings | 22 | €1,366,490 | €1,334,273 | -€32,218 | -2.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €7,371 | €6,453 | -€919 | -12.5% |
| Other tangible fixed assets | 26 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €476,143 | €476,143 | = | 0.0% |
| Current assets | 29/58 | €1,104,374 | €1,127,708 | +€23,333 | +2.1% |
| Amounts receivable after more than one year | 29 | €940,000 | €940,000 | = | 0.0% |
| Other amounts receivable | 291 | €940,000 | €940,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,512 | €136,692 | +€25,180 | +22.6% |
| Trade receivables | 40 | €24,030 | €63,703 | +€39,673 | +165.1% |
| Other amounts receivable | 41 | €87,482 | €72,989 | -€14,493 | -16.6% |
| Cash at bank and in hand | 54/58 | €51,425 | €48,843 | -€2,582 | -5.0% |
| Deferred charges and accrued income | 490/1 | €1,438 | €2,173 | +€735 | +51.1% |
| Total equity and liabilities | 10/49 | €2,957,878 | €2,948,075 | -€9,803 | -0.3% |
| Equity | 10/15 | €1,024,075 | €1,005,798 | -€18,277 | -1.8% |
| Contributions | 10/11 | €360,940 | €360,940 | = | 0.0% |
| Capital | 10 | €360,940 | €360,940 | = | 0.0% |
| Issued capital | 100 | €360,940 | €360,940 | = | 0.0% |
| Reserves | 13 | €693,688 | €674,394 | -€19,294 | -2.8% |
| Non-distributable reserves | 130/1 | €99,157 | €99,157 | = | 0.0% |
| Legal reserve | 130 | €99,157 | €99,157 | = | 0.0% |
| Tax-exempt reserves | 132 | €594,531 | €575,237 | -€19,294 | -3.2% |
| Profit (loss) carried forward | 14 | -€30,553 | -€29,537 | +€1,016 | +3.3% |
| Provisions and deferred taxes | 16 | €198,177 | €191,746 | -€6,431 | -3.2% |
| Deferred taxes | 168 | €198,177 | €191,746 | -€6,431 | -3.2% |
| Amounts payable | 17/49 | €1,735,626 | €1,750,532 | +€14,905 | +0.9% |
| Amounts payable after more than one year | 17 | €1,614,887 | €1,552,827 | -€62,060 | -3.8% |
| Financial debts | 170/4 | €1,614,887 | €1,552,827 | -€62,060 | -3.8% |
| Amounts payable within one year | 42/48 | €34,982 | €56,505 | +€21,523 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €31,395 | €31,754 | +€359 | +1.1% |
| Trade debts | 44 | €2,294 | €4,269 | +€1,976 | +86.1% |
| Suppliers | 440/4 | €2,294 | €4,269 | +€1,976 | +86.1% |
| Taxes, remuneration and social security | 45 | €1,293 | €482 | -€811 | -62.7% |
| Taxes | 450/3 | €1,293 | €482 | -€811 | -62.7% |
| Other amounts payable | 47/48 | €0 | €20,000 | +€20,000 | |
| Accrued charges and deferred income | 492/3 | €85,757 | €141,199 | +€55,442 | +64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,724 | €34,928 | +€204 | +0.6% |
| Other operating charges | 640/8 | €1,184 | €7,136 | +€5,952 | +502.8% |
| Gross operating margin | 9900 | €72,025 | €91,009 | +€18,983 | +26.4% |
| Operating profit (loss) | 9901 | €36,118 | €48,945 | +€12,827 | +35.5% |
| Financial income | 75/76B | €1,487 | €1,574 | +€87 | +5.8% |
| Recurring financial income | 75 | €1,487 | €1,574 | +€87 | +5.8% |
| Financial charges | 65/66B | €64,241 | €74,870 | +€10,629 | +16.5% |
| Recurring financial charges | 65 | €64,241 | €74,870 | +€10,629 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,636 | -€24,352 | +€2,284 | +8.6% |
| Transfer from deferred taxes | 780 | €6,370 | €6,431 | +€62 | +1.0% |
| Income taxes | 67/77 | €567 | €357 | -€210 | -37.0% |
| Profit (loss) for the period | 9904 | -€20,833 | -€18,277 | +€2,556 | +12.3% |
| Transfer from tax-exempt reserves | 789 | €19,109 | €19,294 | +€185 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,724 | €1,016 | +€2,740 |
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 11 October 2026 via checked.be.