BUSY BEE PROJECTS: 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.
BUSY BEE PROJECTS
Largest movements
- Tangible fixed assets -€8,193
down €8,193 (-25.8%), from €31,720 to €23,527
- Receivables within one year -€2,342
down €2,342 (-19.6%), from €11,945 to €9,603
of which Other amounts receivable: -€3,599
- Debts after one year -€10,437
down €10,437 (-85.3%), from €12,231 to €1,794
- Other debts -€7,758
down €7,758 (-27.0%), from €28,688 to €20,930
- Trade debts +€5,225
new in 2025: €5,225
- Tax, wage and social debts +€2,934
up €2,934 (+37.0%), from €7,927 to €10,861
- Profit (loss) carried forward -€1,391
down €1,391 (-6.2%), from -€22,598 to -€23,989
- Gross operating margin -€6,797
down €6,797 (-39.2%), from €17,326 to €10,529
- Taxes -€1,793
down €1,793 (-48.4%), from €3,708 to €1,915
- Depreciation +€420
up €420 (+5.4%), from €7,773 to €8,193
- Other operating charges -€313
down €313 (-29.9%), from €1,046 to €733
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 | €115,137 | €104,244 | -€10,893 | -9.5% |
| Fixed assets | 21/28 | €31,770 | €23,577 | -€8,193 | -25.8% |
| Tangible fixed assets | 22/27 | €31,720 | €23,527 | -€8,193 | -25.8% |
| Furniture and vehicles | 24 | €31,720 | €23,527 | -€8,193 | -25.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €83,367 | €80,667 | -€2,700 | -3.2% |
| Amounts receivable within one year | 40/41 | €11,945 | €9,603 | -€2,342 | -19.6% |
| Trade receivables | 40 | €8,346 | €9,603 | +€1,257 | +15.1% |
| Other amounts receivable | 41 | €3,599 | - | -€3,599 | |
| Cash at bank and in hand | 54/58 | €71,116 | €70,738 | -€378 | -0.5% |
| Deferred charges and accrued income | 490/1 | €306 | €326 | +€20 | +6.5% |
| Total equity and liabilities | 10/49 | €115,137 | €104,244 | -€10,893 | -9.5% |
| Equity | 10/15 | €56,387 | €54,996 | -€1,391 | -2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €72,785 | €72,785 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €70,925 | €72,785 | +€1,860 | +2.6% |
| Profit (loss) carried forward | 14 | -€22,598 | -€23,989 | -€1,391 | -6.2% |
| Amounts payable | 17/49 | €58,750 | €49,248 | -€9,502 | -16.2% |
| Amounts payable after more than one year | 17 | €12,231 | €1,794 | -€10,437 | -85.3% |
| Financial debts | 170/4 | €12,231 | €1,794 | -€10,437 | -85.3% |
| Amounts payable within one year | 42/48 | €46,519 | €47,454 | +€935 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €9,904 | €10,438 | +€534 | +5.4% |
| Trade debts | 44 | - | €5,225 | +€5,225 | |
| Suppliers | 440/4 | - | €5,225 | +€5,225 | |
| Taxes, remuneration and social security | 45 | €7,927 | €10,861 | +€2,934 | +37.0% |
| Taxes | 450/3 | €7,927 | €10,861 | +€2,934 | +37.0% |
| Other amounts payable | 47/48 | €28,688 | €20,930 | -€7,758 | -27.0% |
| Non-recurring operating income | 76A | €423 | - | -€423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,773 | €8,193 | +€420 | +5.4% |
| Other operating charges | 640/8 | €1,046 | €733 | -€313 | -29.9% |
| Gross operating margin | 9900 | €17,326 | €10,529 | -€6,797 | -39.2% |
| Operating profit (loss) | 9901 | €8,507 | €1,603 | -€6,904 | -81.2% |
| Financial income | 75/76B | €113 | €3 | -€110 | -97.3% |
| Recurring financial income | 75 | €113 | €3 | -€110 | -97.3% |
| Financial charges | 65/66B | €1,222 | €1,082 | -€140 | -11.5% |
| Recurring financial charges | 65 | €1,222 | €1,082 | -€140 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €7,398 | €524 | -€6,874 | -92.9% |
| Income taxes | 67/77 | €3,708 | €1,915 | -€1,793 | -48.4% |
| Profit (loss) for the period | 9904 | €3,690 | -€1,391 | -€5,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,690 | -€1,391 | -€5,081 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.