BUSKENS: what changed
Two fiscal 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.
BUSKENS
Largest movements
- Receivables within one year -€21,725
down €21,725 (-75.1%), from €28,917 to €7,192
of which Trade receivables: -€23,818
- Tangible fixed assets -€4,188
down €4,188 (-9.8%), from €42,716 to €38,528
- Cash +€2,322
up €2,322 (+3.4%), from €68,514 to €70,836
mainly Receivables within one year (+€21,725) and Depreciation (+€7,135)
- Tax, wage and social debts -€10,938
down €10,938 (-47.1%), from €23,210 to €12,271
- Advances received -€7,733
down €7,733 (-100.0%), from €7,733 to €0
- Debts after one year -€5,588
down €5,588 (-23.9%), from €23,425 to €17,837
- Trade debts +€2,695
up €2,695 (+120.1%), from €2,244 to €4,938
- Other debts -€2,320
down €2,320 (-19.6%), from €11,853 to €9,533
- Gross operating margin -€19,712
down €19,712 (-54.1%), from €36,455 to €16,743
- Depreciation +€5,734
up €5,734 (+409.3%), from €1,401 to €7,135
- Other operating charges -€5,125
down €5,125 (-61.0%), from €8,405 to €3,279
- Taxes -€4,096
down €4,096 (-58.4%), from €7,014 to €2,918
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.
Cash bridge derived
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 | €140,147 | €116,556 | -€23,591 | -16.8% |
| Fixed assets | 21/28 | €42,716 | €38,528 | -€4,188 | -9.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €42,716 | €38,528 | -€4,188 | -9.8% |
| Furniture and vehicles | 24 | €42,716 | €38,528 | -€4,188 | -9.8% |
| Current assets | 29/58 | €97,431 | €78,028 | -€19,403 | -19.9% |
| Amounts receivable within one year | 40/41 | €28,917 | €7,192 | -€21,725 | -75.1% |
| Trade receivables | 40 | €28,917 | €5,100 | -€23,818 | -82.4% |
| Other amounts receivable | 41 | €0 | €2,093 | +€2,093 | |
| Cash at bank and in hand | 54/58 | €68,514 | €70,836 | +€2,322 | +3.4% |
| Total equity and liabilities | 10/49 | €140,147 | €116,556 | -€23,591 | -16.8% |
| Equity | 10/15 | €66,265 | €66,389 | +€124 | +0.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €64,765 | €64,889 | +€124 | +0.2% |
| Distributable reserves | 133 | €64,765 | €64,889 | +€124 | +0.2% |
| Amounts payable | 17/49 | €73,882 | €50,167 | -€23,715 | -32.1% |
| Amounts payable after more than one year | 17 | €23,425 | €17,837 | -€5,588 | -23.9% |
| Financial debts | 170/4 | €23,425 | €17,837 | -€5,588 | -23.9% |
| Amounts payable within one year | 42/48 | €50,457 | €32,330 | -€18,127 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €5,418 | €5,588 | +€170 | +3.1% |
| Trade debts | 44 | €2,244 | €4,938 | +€2,695 | +120.1% |
| Suppliers | 440/4 | €2,244 | €4,938 | +€2,695 | +120.1% |
| Advances received on contracts in progress | 46 | €7,733 | €0 | -€7,733 | -100.0% |
| Taxes, remuneration and social security | 45 | €23,210 | €12,271 | -€10,938 | -47.1% |
| Taxes | 450/3 | €23,210 | €12,271 | -€10,938 | -47.1% |
| Other amounts payable | 47/48 | €11,853 | €9,533 | -€2,320 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,401 | €7,135 | +€5,734 | +409.3% |
| Other operating charges | 640/8 | €8,405 | €3,279 | -€5,125 | -61.0% |
| Non-recurring operating charges | 66A | - | €788 | +€788 | |
| Gross operating margin | 9900 | €36,455 | €16,743 | -€19,712 | -54.1% |
| Operating profit (loss) | 9901 | €26,650 | €5,540 | -€21,109 | -79.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -96.5% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -96.5% |
| Financial charges | 65/66B | €2,190 | €2,499 | +€309 | +14.1% |
| Recurring financial charges | 65 | €2,190 | €2,499 | +€309 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €24,465 | €3,042 | -€21,423 | -87.6% |
| Income taxes | 67/77 | €7,014 | €2,918 | -€4,096 | -58.4% |
| Profit (loss) for the period | 9904 | €17,451 | €124 | -€17,327 | -99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,451 | €124 | -€17,327 | -99.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.