BUSSCHE ARSEEN & C°: 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.
BUSSCHE ARSEEN & C°
Largest movements
- Cash -€12,130
down €12,130 (-11.6%), from €104,735 to €92,605
mainly Receivables within one year (-€9,399) and Investment in fixed assets (net) (-€8,000)
- Receivables within one year +€9,399
up €9,399 (+61.4%), from €15,300 to €24,699
of which Other amounts receivable: +€9,399
- Tangible fixed assets +€6,400
up €6,400 (+3.6%), from €177,715 to €184,115
of which Plant, machinery and equipment: +€6,400
- Profit (loss) carried forward +€3,461
up €3,461 (+5.6%), from €61,997 to €65,458
- Gross operating margin +€17,815
up €17,815, from -€3,018 to €14,797
- Depreciation +€1,600
new in 2025: €1,600
- Other operating charges +€1,372
up €1,372 (+17.0%), from €8,056 to €9,428
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 | €297,750 | €301,419 | +€3,669 | +1.2% |
| Fixed assets | 21/28 | €177,715 | €184,115 | +€6,400 | +3.6% |
| Tangible fixed assets | 22/27 | €177,715 | €184,115 | +€6,400 | +3.6% |
| Land and buildings | 22 | €177,715 | €177,715 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €6,400 | +€6,400 | |
| Current assets | 29/58 | €120,035 | €117,304 | -€2,731 | -2.3% |
| Amounts receivable within one year | 40/41 | €15,300 | €24,699 | +€9,399 | +61.4% |
| Trade receivables | 40 | €14,482 | €14,482 | = | 0.0% |
| Other amounts receivable | 41 | €818 | €10,217 | +€9,399 | +1,149% |
| Cash at bank and in hand | 54/58 | €104,735 | €92,605 | -€12,130 | -11.6% |
| Total equity and liabilities | 10/49 | €297,750 | €301,419 | +€3,669 | +1.2% |
| Equity | 10/15 | €256,722 | €260,449 | +€3,727 | +1.5% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | - | €186,000 | +€186,000 | |
| Issued capital | 100 | - | €186,000 | +€186,000 | |
| Reserves | 13 | €8,725 | €8,991 | +€266 | +3.0% |
| Non-distributable reserves | 130/1 | €5,825 | €6,091 | +€266 | +4.6% |
| Legal reserve | 130 | - | €6,091 | +€6,091 | |
| Reserves not available under the articles | 1311 | €5,825 | - | -€5,825 | |
| Distributable reserves | 133 | €2,900 | €2,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,997 | €65,458 | +€3,461 | +5.6% |
| Amounts payable | 17/49 | €41,028 | €40,970 | -€58 | -0.1% |
| Amounts payable within one year | 42/48 | €41,028 | €40,970 | -€58 | -0.1% |
| Trade debts | 44 | €1,028 | €970 | -€58 | -5.6% |
| Suppliers | 440/4 | €1,028 | €970 | -€58 | -5.6% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,600 | +€1,600 | |
| Other operating charges | 640/8 | €8,056 | €9,428 | +€1,372 | +17.0% |
| Gross operating margin | 9900 | -€3,018 | €14,797 | +€17,815 | |
| Operating profit (loss) | 9901 | -€11,074 | €3,769 | +€14,843 | |
| Financial charges | 65/66B | €39 | €42 | +€3 | +7.7% |
| Recurring financial charges | 65 | €39 | €42 | +€3 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,113 | €3,727 | +€14,840 | |
| Profit (loss) for the period | 9904 | -€11,113 | €3,727 | +€14,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,113 | €3,727 | +€14,840 |
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 18 October 2026 via checked.be.