BUSYTEC: 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.
BUSYTEC
Largest movements
- Cash +€112,234
up €112,234 (+16.2%), from €692,526 to €804,761
mainly Net result for the year (+€178,445) and Other debts (+€91,988)
- Receivables within one year +€55,936
up €55,936 (+45.7%), from €122,403 to €178,339
- Other debts +€91,988
up €91,988 (+147%), from €62,778 to €154,767
- Tax, wage and social debts +€38,099
up €38,099 (+29.8%), from €127,759 to €165,858
of which Taxes: +€40,952
- Reserves +€26,734
up €26,734 (+4.9%), from €550,165 to €576,900
- Gross operating margin -€188,422
down €188,422 (-30.5%), from €617,847 to €429,424
- Staff costs -€100,308
down €100,308 (-38.1%), from €263,613 to €163,305
- Taxes -€25,146
down €25,146 (-24.1%), from €104,463 to €79,317
- Write-downs -€14,367
no longer reported in 2025 (was €14,367)
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 | €830,376 | €988,706 | +€158,330 | +19.1% |
| Fixed assets | 21/28 | €13,662 | €5,606 | -€8,056 | -59.0% |
| Tangible fixed assets | 22/27 | €13,662 | €5,606 | -€8,056 | -59.0% |
| Furniture and vehicles | 24 | €13,662 | €5,606 | -€8,056 | -59.0% |
| Current assets | 29/58 | €816,714 | €983,099 | +€166,386 | +20.4% |
| Amounts receivable within one year | 40/41 | €122,403 | €178,339 | +€55,936 | +45.7% |
| Trade receivables | 40 | €122,403 | €178,339 | +€55,936 | +45.7% |
| Cash at bank and in hand | 54/58 | €692,526 | €804,761 | +€112,234 | +16.2% |
| Deferred charges and accrued income | 490/1 | €1,785 | - | -€1,785 | |
| Total equity and liabilities | 10/49 | €830,376 | €988,706 | +€158,330 | +19.1% |
| Equity | 10/15 | €612,165 | €638,900 | +€26,734 | +4.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €550,165 | €576,900 | +€26,734 | +4.9% |
| Distributable reserves | 133 | €550,165 | €576,900 | +€26,734 | +4.9% |
| Amounts payable | 17/49 | €218,211 | €349,806 | +€131,595 | +60.3% |
| Amounts payable within one year | 42/48 | €218,211 | €349,806 | +€131,595 | +60.3% |
| Trade debts | 44 | €27,674 | €29,182 | +€1,508 | +5.5% |
| Suppliers | 440/4 | €27,674 | €29,182 | +€1,508 | +5.5% |
| Taxes, remuneration and social security | 45 | €127,759 | €165,858 | +€38,099 | +29.8% |
| Taxes | 450/3 | €85,346 | €126,298 | +€40,952 | +48.0% |
| Remuneration and social security | 454/9 | €42,413 | €39,560 | -€2,853 | -6.7% |
| Other amounts payable | 47/48 | €62,778 | €154,767 | +€91,988 | +147% |
| Remuneration, social security and pensions | 62 | €263,613 | €163,305 | -€100,308 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,506 | €8,056 | -€2,450 | -23.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,367 | - | -€14,367 | |
| Other operating charges | 640/8 | €1,200 | €651 | -€549 | -45.8% |
| Gross operating margin | 9900 | €617,847 | €429,424 | -€188,422 | -30.5% |
| Operating profit (loss) | 9901 | €328,161 | €257,413 | -€70,748 | -21.6% |
| Financial income | 75/76B | €3,541 | €503 | -€3,039 | -85.8% |
| Recurring financial income | 75 | €3,541 | €503 | -€3,039 | -85.8% |
| Financial charges | 65/66B | €591 | €154 | -€437 | -73.9% |
| Recurring financial charges | 65 | €591 | €154 | -€437 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €331,112 | €257,762 | -€73,350 | -22.2% |
| Income taxes | 67/77 | €104,463 | €79,317 | -€25,146 | -24.1% |
| Profit (loss) for the period | 9904 | €226,649 | €178,445 | -€48,204 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €226,649 | €178,445 | -€48,204 | -21.3% |
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 19 October 2026 via checked.be.