BUSEYNE KEVIN: 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.
BUSEYNE KEVIN
Largest movements
- Tangible fixed assets -€13,490
down €13,490 (-7.3%), from €184,158 to €170,669
of which Land and buildings: -€13,490
- Profit (loss) carried forward -€14,717
down €14,717 (-5.8%), from -€253,559 to -€268,275
- Gross operating margin -€1,099
new in 2025: -€1,099
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 | €184,159 | €170,669 | -€13,490 | -7.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €184,158 | €170,669 | -€13,490 | -7.3% |
| Tangible fixed assets | 22/27 | €184,158 | €170,669 | -€13,490 | -7.3% |
| Land and buildings | 22 | €184,158 | €170,669 | -€13,490 | -7.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1 | €1 | = | 0.0% |
| Total equity and liabilities | 10/49 | €184,159 | €170,669 | -€13,490 | -7.3% |
| Equity | 10/15 | €166,441 | €151,725 | -€14,717 | -8.8% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€253,559 | -€268,275 | -€14,717 | -5.8% |
| Amounts payable | 17/49 | €17,718 | €18,944 | +€1,227 | +6.9% |
| Amounts payable within one year | 42/48 | €17,718 | €18,944 | +€1,227 | +6.9% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Other amounts payable | 47/48 | €17,718 | €18,944 | +€1,227 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,490 | €13,490 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €128 | +€10 | +8.5% |
| Gross operating margin | 9900 | - | -€1,099 | -€1,099 | |
| Operating profit (loss) | 9901 | -€13,608 | -€14,717 | -€1,109 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,608 | -€14,717 | -€1,109 | -8.1% |
| Profit (loss) for the period | 9904 | -€13,608 | -€14,717 | -€1,109 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,608 | -€14,717 | -€1,109 | -8.1% |
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.