BÜSCH Consulting: 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.
BÜSCH Consulting
Largest movements
- Cash -€29,926
down €29,926 (-94.7%), from €31,589 to €1,663
mainly Net result for the year (-€42,234) and Trade debts (-€16,443)
- Receivables within one year -€28,711
down €28,711 (-37.2%), from €77,179 to €48,468
- Tangible fixed assets -€1,674
down €1,674 (-25.4%), from €6,601 to €4,928
- Profit (loss) carried forward -€28,934
down €28,934, from €3,035 to -€25,898
- Trade debts -€16,443
down €16,443 (-97.5%), from €16,866 to €423
- Reserves -€13,300
down €13,300 (-17.1%), from €77,800 to €64,500
- Debts after one year +€10,036
new in 2025: €10,036
- Other debts -€7,757
no longer reported in 2025 (was €7,757)
- Gross operating margin -€63,468
down €63,468, from €27,052 to -€36,416
- Taxes -€1,847
down €1,847 (-92.2%), from €2,002 to €156
- Other operating charges -€630
down €630 (-40.5%), from €1,559 to €928
- Financial charges -€469
down €469 (-18.0%), from €2,596 to €2,128
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 | €122,675 | €62,414 | -€60,261 | -49.1% |
| Fixed assets | 21/28 | €12,739 | €11,066 | -€1,674 | -13.1% |
| Tangible fixed assets | 22/27 | €6,601 | €4,928 | -€1,674 | -25.4% |
| Furniture and vehicles | 24 | €6,601 | €4,928 | -€1,674 | -25.4% |
| Financial fixed assets | 28 | €6,138 | €6,138 | = | 0.0% |
| Current assets | 29/58 | €109,936 | €51,348 | -€58,588 | -53.3% |
| Amounts receivable within one year | 40/41 | €77,179 | €48,468 | -€28,711 | -37.2% |
| Other amounts receivable | 41 | €77,179 | €48,468 | -€28,711 | -37.2% |
| Cash at bank and in hand | 54/58 | €31,589 | €1,663 | -€29,926 | -94.7% |
| Deferred charges and accrued income | 490/1 | €1,168 | €1,217 | +€49 | +4.2% |
| Total equity and liabilities | 10/49 | €122,675 | €62,414 | -€60,261 | -49.1% |
| Equity | 10/15 | €91,895 | €49,662 | -€42,234 | -46.0% |
| Contributions | 10/11 | €11,060 | €11,060 | = | 0.0% |
| Reserves | 13 | €77,800 | €64,500 | -€13,300 | -17.1% |
| Distributable reserves | 133 | €77,800 | €64,500 | -€13,300 | -17.1% |
| Profit (loss) carried forward | 14 | €3,035 | -€25,898 | -€28,934 | |
| Amounts payable | 17/49 | €30,780 | €12,752 | -€18,027 | -58.6% |
| Amounts payable after more than one year | 17 | - | €10,036 | +€10,036 | |
| Other amounts payable | 178/9 | - | €10,036 | +€10,036 | |
| Amounts payable within one year | 42/48 | €30,560 | €2,628 | -€27,931 | -91.4% |
| Trade debts | 44 | €16,866 | €423 | -€16,443 | -97.5% |
| Suppliers | 440/4 | €16,866 | €423 | -€16,443 | -97.5% |
| Taxes, remuneration and social security | 45 | €5,937 | €2,205 | -€3,732 | -62.9% |
| Taxes | 450/3 | €5,937 | €2,205 | -€3,732 | -62.9% |
| Other amounts payable | 47/48 | €7,757 | - | -€7,757 | |
| Accrued charges and deferred income | 492/3 | €220 | €88 | -€132 | -60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,328 | €2,281 | -€47 | -2.0% |
| Other operating charges | 640/8 | €1,559 | €928 | -€630 | -40.5% |
| Non-recurring operating charges | 66A | €717 | €329 | -€388 | -54.1% |
| Gross operating margin | 9900 | €27,052 | -€36,416 | -€63,468 | |
| Operating profit (loss) | 9901 | €22,449 | -€39,954 | -€62,403 | |
| Financial income | 75/76B | €3 | €4 | +€1 | +32.2% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +32.2% |
| Financial charges | 65/66B | €2,596 | €2,128 | -€469 | -18.0% |
| Recurring financial charges | 65 | €2,596 | €2,128 | -€469 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €19,856 | -€42,078 | -€61,934 | |
| Income taxes | 67/77 | €2,002 | €156 | -€1,847 | -92.2% |
| Profit (loss) for the period | 9904 | €17,853 | -€42,234 | -€60,087 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,853 | -€42,234 | -€60,087 |
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 15 October 2026 via checked.be.