BUSPROJECT: 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.
BUSPROJECT
Largest movements
- Receivables within one year +€581,738
up €581,738 (+265.5%), from €219,086 to €800,824
of which Other amounts receivable: +€608,538
- Cash +€138,470
up €138,470 (+1267.1%), from €10,928 to €149,398
mainly Other debts (+€419,339) and Trade debts (+€244,041)
- Other debts +€419,339
up €419,339 (+583.6%), from €71,851 to €491,190
- Trade debts +€244,041
up €244,041 (+27846.8%), from €876 to €244,918
- Profit (loss) carried forward +€61,314
up €61,314 (+543.0%), from €11,292 to €72,606
- Gross operating margin +€74,990
up €74,990 (+638.5%), from €11,745 to €86,735
- Taxes +€18,397
up €18,397 (+692.5%), from €2,657 to €21,054
- Other operating charges +€1,244
up €1,244 (+1082.1%), from €115 to €1,359
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 | €240,014 | €963,330 | +€723,316 | +301.4% |
| Fixed assets | 21/28 | €10,000 | €13,109 | +€3,109 | +31.1% |
| Tangible fixed assets | 22/27 | - | €3,109 | +€3,109 | |
| Plant, machinery and equipment | 23 | - | €1,569 | +€1,569 | |
| Furniture and vehicles | 24 | - | €1,540 | +€1,540 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €230,014 | €950,221 | +€720,207 | +313.1% |
| Amounts receivable within one year | 40/41 | €219,086 | €800,824 | +€581,738 | +265.5% |
| Trade receivables | 40 | €29,001 | €2,200 | -€26,801 | -92.4% |
| Other amounts receivable | 41 | €190,085 | €798,623 | +€608,538 | +320.1% |
| Cash at bank and in hand | 54/58 | €10,928 | €149,398 | +€138,470 | +1267.1% |
| Total equity and liabilities | 10/49 | €240,014 | €963,330 | +€723,316 | +301.4% |
| Equity | 10/15 | €14,292 | €75,606 | +€61,314 | +429.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,292 | €72,606 | +€61,314 | +543.0% |
| Amounts payable | 17/49 | €225,723 | €887,724 | +€662,002 | +293.3% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €75,723 | €737,724 | +€662,002 | +874.2% |
| Trade debts | 44 | €876 | €244,918 | +€244,041 | +27846.8% |
| Suppliers | 440/4 | €876 | €244,918 | +€244,041 | +27846.8% |
| Taxes, remuneration and social security | 45 | €2,995 | €1,617 | -€1,378 | -46.0% |
| Taxes | 450/3 | €2,995 | €1,617 | -€1,378 | -46.0% |
| Other amounts payable | 47/48 | €71,851 | €491,190 | +€419,339 | +583.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €533 | +€533 | |
| Other operating charges | 640/8 | €115 | €1,359 | +€1,244 | +1082.1% |
| Gross operating margin | 9900 | €11,745 | €86,735 | +€74,990 | +638.5% |
| Operating profit (loss) | 9901 | €11,630 | €84,842 | +€73,212 | +629.5% |
| Financial income | 75/76B | - | €85 | +€85 | |
| Recurring financial income | 75 | - | €85 | +€85 | |
| Financial charges | 65/66B | €1,755 | €2,558 | +€804 | +45.8% |
| Recurring financial charges | 65 | €1,755 | €2,558 | +€804 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €9,875 | €82,368 | +€72,493 | +734.1% |
| Income taxes | 67/77 | €2,657 | €21,054 | +€18,397 | +692.5% |
| Profit (loss) for the period | 9904 | €7,218 | €61,314 | +€54,096 | +749.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,218 | €61,314 | +€54,096 | +749.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.