BUNKERLINK: 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.
BUNKERLINK
Largest movements
- Receivables within one year -€93,354
down €93,354 (-24.7%), from €378,038 to €284,685
of which Trade receivables: -€85,142
- Cash +€81,992
up €81,992 (+27.8%), from €294,503 to €376,495
mainly Net result for the year (+€240,407) and Receivables within one year (+€93,354)
- Profit (loss) carried forward +€240,407
up €240,407 (+105%), from €228,159 to €468,566
- Other debts -€183,100
down €183,100 (-91.6%), from €200,000 to €16,900
- Trade debts -€95,094
down €95,094 (-52.3%), from €181,664 to €86,570
- Tax, wage and social debts +€18,911
up €18,911 (+111%), from €17,100 to €36,011
- Accrued charges and deferred income +€9,732
up €9,732, from €0 to €9,732
- Gross operating margin +€114,029
up €114,029 (+38.7%), from €294,666 to €408,695
- Financial charges +€94,310
up €94,310 (+1,384%), from €6,814 to €101,124
- Financial income -€5,102
down €5,102 (-25.6%), from €19,935 to €14,832
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 | €677,745 | €666,180 | -€11,566 | -1.7% |
| Current assets | 29/58 | €677,745 | €666,180 | -€11,566 | -1.7% |
| Amounts receivable within one year | 40/41 | €378,038 | €284,685 | -€93,354 | -24.7% |
| Trade receivables | 40 | €354,357 | €269,215 | -€85,142 | -24.0% |
| Other amounts receivable | 41 | €23,681 | €15,469 | -€8,212 | -34.7% |
| Cash at bank and in hand | 54/58 | €294,503 | €376,495 | +€81,992 | +27.8% |
| Deferred charges and accrued income | 490/1 | €5,204 | €5,000 | -€204 | -3.9% |
| Total equity and liabilities | 10/49 | €677,745 | €666,180 | -€11,566 | -1.7% |
| Equity | 10/15 | €276,559 | €516,966 | +€240,407 | +86.9% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | €4,400 | €4,400 | = | 0.0% |
| Distributable reserves | 133 | €4,400 | €4,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228,159 | €468,566 | +€240,407 | +105% |
| Provisions and deferred taxes | 16 | €2,422 | €0 | -€2,422 | -100% |
| Provisions for liabilities and charges | 160/5 | €2,422 | €0 | -€2,422 | -100% |
| Other liabilities and charges | 164/5 | €2,422 | €0 | -€2,422 | -100% |
| Amounts payable | 17/49 | €398,764 | €149,213 | -€249,551 | -62.6% |
| Amounts payable within one year | 42/48 | €398,764 | €139,481 | -€259,283 | -65.0% |
| Trade debts | 44 | €181,664 | €86,570 | -€95,094 | -52.3% |
| Suppliers | 440/4 | €181,664 | €86,570 | -€95,094 | -52.3% |
| Taxes, remuneration and social security | 45 | €17,100 | €36,011 | +€18,911 | +111% |
| Taxes | 450/3 | €17,100 | €36,011 | +€18,911 | +111% |
| Other amounts payable | 47/48 | €200,000 | €16,900 | -€183,100 | -91.6% |
| Accrued charges and deferred income | 492/3 | €0 | €9,732 | +€9,732 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€2,422 | -€2,422 | |
| Other operating charges | 640/8 | €874 | €507 | -€367 | -42.0% |
| Gross operating margin | 9900 | €294,666 | €408,695 | +€114,029 | +38.7% |
| Operating profit (loss) | 9901 | €293,792 | €410,610 | +€116,818 | +39.8% |
| Financial income | 75/76B | €19,935 | €14,832 | -€5,102 | -25.6% |
| Recurring financial income | 75 | €19,935 | €14,832 | -€5,102 | -25.6% |
| Financial charges | 65/66B | €6,814 | €101,124 | +€94,310 | +1,384% |
| Recurring financial charges | 65 | €6,814 | €101,124 | +€94,310 | +1,384% |
| Profit (loss) for the period before taxes | 9903 | €306,912 | €324,318 | +€17,406 | +5.7% |
| Income taxes | 67/77 | €82,100 | €83,911 | +€1,811 | +2.2% |
| Profit (loss) for the period | 9904 | €224,813 | €240,407 | +€15,594 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €224,813 | €240,407 | +€15,594 | +6.9% |
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 14 October 2026 via checked.be.