BUNKER: 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.
BUNKER
Largest movements
- Cash -€26,266
down €26,266 (-50.5%), from €51,961 to €25,695
mainly Trade debts (-€29,066) and Net result for the year (-€4,296)
- Receivables within one year -€5,385
down €5,385 (-33.8%), from €15,938 to €10,552
of which Other amounts receivable: -€4,062
- Tangible fixed assets -€1,711
down €1,711 (-68.5%), from €2,499 to €788
- Trade debts -€29,066
down €29,066 (-92.6%), from €31,380 to €2,314
- Profit (loss) carried forward -€4,296
down €4,296 (-14.8%), from €29,000 to €24,703
- Gross operating margin -€7,993
down €7,993, from €5,902 to -€2,091
- Other operating charges -€2,621
down €2,621 (-79.1%), from €3,315 to €694
- Depreciation -€299
down €299 (-14.9%), from €2,010 to €1,711
- Financial charges -€186
down €186 (-34.3%), from €543 to €357
- Financial income -€131
down €131 (-19.1%), from €688 to €556
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.
Derived cash bridge
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 | €70,398 | €37,035 | -€33,362 | -47.4% |
| Fixed assets | 21/28 | €2,499 | €788 | -€1,711 | -68.5% |
| Tangible fixed assets | 22/27 | €2,499 | €788 | -€1,711 | -68.5% |
| Furniture and vehicles | 24 | €2,499 | €788 | -€1,711 | -68.5% |
| Current assets | 29/58 | €67,899 | €36,247 | -€31,651 | -46.6% |
| Amounts receivable within one year | 40/41 | €15,938 | €10,552 | -€5,385 | -33.8% |
| Trade receivables | 40 | €1,323 | €0 | -€1,323 | -100% |
| Other amounts receivable | 41 | €14,615 | €10,552 | -€4,062 | -27.8% |
| Cash at bank and in hand | 54/58 | €51,961 | €25,695 | -€26,266 | -50.5% |
| Total equity and liabilities | 10/49 | €70,398 | €37,035 | -€33,362 | -47.4% |
| Equity | 10/15 | €37,760 | €33,463 | -€4,296 | -11.4% |
| Contributions | 10/11 | €6,900 | €6,900 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,000 | €24,703 | -€4,296 | -14.8% |
| Amounts payable | 17/49 | €32,638 | €3,572 | -€29,066 | -89.1% |
| Amounts payable within one year | 42/48 | €32,638 | €3,572 | -€29,066 | -89.1% |
| Trade debts | 44 | €31,380 | €2,314 | -€29,066 | -92.6% |
| Suppliers | 440/4 | €31,380 | €2,314 | -€29,066 | -92.6% |
| Taxes, remuneration and social security | 45 | €13 | €0 | -€13 | -100% |
| Taxes | 450/3 | €13 | €0 | -€13 | -100% |
| Other amounts payable | 47/48 | €1,245 | €1,258 | +€13 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,010 | €1,711 | -€299 | -14.9% |
| Other operating charges | 640/8 | €3,315 | €694 | -€2,621 | -79.1% |
| Gross operating margin | 9900 | €5,902 | -€2,091 | -€7,993 | |
| Operating profit (loss) | 9901 | €577 | -€4,496 | -€5,072 | |
| Financial income | 75/76B | €688 | €556 | -€131 | -19.1% |
| Recurring financial income | 75 | €688 | €556 | -€131 | -19.1% |
| Financial charges | 65/66B | €543 | €357 | -€186 | -34.3% |
| Recurring financial charges | 65 | €543 | €357 | -€186 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €721 | -€4,296 | -€5,017 | |
| Profit (loss) for the period | 9904 | €721 | -€4,296 | -€5,017 | |
| Profit (loss) for the period to be appropriated | 9905 | €721 | -€4,296 | -€5,017 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.