BUSHATI: 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.
BUSHATI
Largest movements
- Receivables within one year +€24,851
up €24,851 (+50.7%), from €49,009 to €73,860
of which Trade receivables: +€18,119
- Intangible fixed assets -€6,262
down €6,262 (-52.2%), from €12,000 to €5,738
- Cash -€2,927
down €2,927 (-34.5%), from €8,489 to €5,562
- Profit (loss) carried forward +€14,737
up €14,737 (+50.9%), from €28,976 to €43,713
- Tax, wage and social debts +€4,332
up €4,332 (+47.9%), from €9,048 to €13,380
- Trade debts -€3,056
down €3,056 (-19.1%), from €16,006 to €12,951
- Gross operating margin -€86,555
down €86,555 (-99.4%), from €87,099 to €545
- Other operating charges -€59,268
down €59,268 (-96.5%), from €61,408 to €2,140
- Taxes -€6,617
no longer reported in 2024 (was €6,617)
- Financial income +€926
up €926 (+44.2%), from €2,096 to €3,022
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,676 | €87,690 | +€16,014 | +22.3% |
| Fixed assets | 21/28 | €12,500 | €6,238 | -€6,262 | -50.1% |
| Intangible fixed assets | 21 | €12,000 | €5,738 | -€6,262 | -52.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €59,176 | €81,452 | +€22,275 | +37.6% |
| Stocks and contracts in progress | 3 | €1,340 | €2,030 | +€690 | +51.5% |
| Stocks | 30/36 | €1,340 | €2,030 | +€690 | +51.5% |
| Amounts receivable within one year | 40/41 | €49,009 | €73,860 | +€24,851 | +50.7% |
| Trade receivables | 40 | €4,469 | €22,587 | +€18,119 | +405% |
| Other amounts receivable | 41 | €44,540 | €51,273 | +€6,733 | +15.1% |
| Cash at bank and in hand | 54/58 | €8,489 | €5,562 | -€2,927 | -34.5% |
| Deferred charges and accrued income | 490/1 | €339 | - | -€339 | |
| Total equity and liabilities | 10/49 | €71,676 | €87,690 | +€16,014 | +22.3% |
| Equity | 10/15 | €46,622 | €61,359 | +€14,737 | +31.6% |
| Contributions | 10/11 | €7,786 | €7,786 | = | 0.0% |
| Reserves | 13 | €9,860 | €9,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,976 | €43,713 | +€14,737 | +50.9% |
| Amounts payable | 17/49 | €25,054 | €26,331 | +€1,276 | +5.1% |
| Amounts payable within one year | 42/48 | €25,054 | €26,331 | +€1,276 | +5.1% |
| Trade debts | 44 | €16,006 | €12,951 | -€3,056 | -19.1% |
| Suppliers | 440/4 | €16,006 | €12,951 | -€3,056 | -19.1% |
| Taxes, remuneration and social security | 45 | €9,048 | €13,380 | +€4,332 | +47.9% |
| Taxes | 450/3 | €9,048 | €13,380 | +€4,332 | +47.9% |
| Remuneration, social security and pensions | 62 | €1,136 | €407 | -€728 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,113 | €3,131 | +€18 | +0.6% |
| Other operating charges | 640/8 | €61,408 | €2,140 | -€59,268 | -96.5% |
| Gross operating margin | 9900 | €87,099 | €545 | -€86,555 | -99.4% |
| Operating profit (loss) | 9901 | €21,443 | -€5,133 | -€26,576 | |
| Financial income | 75/76B | €2,096 | €3,022 | +€926 | +44.2% |
| Recurring financial income | 75 | €2,096 | €3,022 | +€926 | +44.2% |
| Financial charges | 65/66B | €229 | - | -€229 | |
| Recurring financial charges | 65 | €229 | - | -€229 | |
| Profit (loss) for the period before taxes | 9903 | €23,309 | -€2,111 | -€25,421 | |
| Income taxes | 67/77 | €6,617 | - | -€6,617 | |
| Profit (loss) for the period | 9904 | €16,692 | -€2,111 | -€18,803 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,692 | -€2,111 | -€18,803 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.