BUTT UFS: 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.
BUTT UFS
Largest movements
- Tangible fixed assets -€11,800
down €11,800 (-42.6%), from €27,729 to €15,929
of which Leasing and similar rights: -€6,800
- Cash -€5,100
down €5,100 (-34.9%), from €14,620 to €9,520
mainly Tax, wage and social debts (-€32,985) and Trade debts (-€13,365)
- Intangible fixed assets -€2,500
down €2,500 (-16.0%), from €15,615 to €13,115
- Receivables within one year +€2,113
up €2,113 (+16.9%), from €12,492 to €14,605
of which Other amounts receivable: +€2,580
- Profit (loss) carried forward +€40,078
up €40,078, from -€19,245 to €20,833
- Tax, wage and social debts -€32,985
down €32,985 (-64.9%), from €50,839 to €17,853
of which Remuneration and social security: -€30,162
- Trade debts -€13,365
down €13,365 (-39.4%), from €33,904 to €20,539
- Debts after one year -€7,107
down €7,107 (-44.6%), from €15,928 to €8,821
- Other debts -€5,049
down €5,049 (-81.4%), from €6,203 to €1,154
- Gross operating margin +€72,969
up €72,969 (+44.1%), from €165,624 to €238,593
- Staff costs +€12,373
up €12,373 (+7.5%), from €164,003 to €176,376
- Other operating charges -€3,031
down €3,031 (-57.5%), from €5,274 to €2,243
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,342 | €81,308 | -€18,034 | -18.2% |
| Fixed assets | 21/28 | €43,708 | €29,408 | -€14,300 | -32.7% |
| Intangible fixed assets | 21 | €15,615 | €13,115 | -€2,500 | -16.0% |
| Tangible fixed assets | 22/27 | €27,729 | €15,929 | -€11,800 | -42.6% |
| Furniture and vehicles | 24 | €6,230 | €1,230 | -€5,000 | -80.3% |
| Leasing and similar rights | 25 | €21,499 | €14,699 | -€6,800 | -31.6% |
| Financial fixed assets | 28 | €365 | €365 | = | 0.0% |
| Current assets | 29/58 | €55,633 | €51,899 | -€3,734 | -6.7% |
| Stocks and contracts in progress | 3 | €26,738 | €26,738 | = | 0.0% |
| Stocks | 30/36 | €26,738 | €26,738 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,492 | €14,605 | +€2,113 | +16.9% |
| Trade receivables | 40 | €1,410 | €943 | -€467 | -33.1% |
| Other amounts receivable | 41 | €11,083 | €13,662 | +€2,580 | +23.3% |
| Cash at bank and in hand | 54/58 | €14,620 | €9,520 | -€5,100 | -34.9% |
| Deferred charges and accrued income | 490/1 | €1,783 | €1,036 | -€747 | -41.9% |
| Total equity and liabilities | 10/49 | €99,342 | €81,308 | -€18,034 | -18.2% |
| Equity | 10/15 | -€14,245 | €25,833 | +€40,078 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,245 | €20,833 | +€40,078 | |
| Amounts payable | 17/49 | €113,587 | €55,475 | -€58,112 | -51.2% |
| Amounts payable after more than one year | 17 | €15,928 | €8,821 | -€7,107 | -44.6% |
| Financial debts | 170/4 | €15,928 | €8,821 | -€7,107 | -44.6% |
| Amounts payable within one year | 42/48 | €97,659 | €46,654 | -€51,005 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €6,713 | €7,107 | +€394 | +5.9% |
| Trade debts | 44 | €33,904 | €20,539 | -€13,365 | -39.4% |
| Suppliers | 440/4 | €33,904 | €20,539 | -€13,365 | -39.4% |
| Taxes, remuneration and social security | 45 | €50,839 | €17,853 | -€32,985 | -64.9% |
| Taxes | 450/3 | €5,152 | €2,328 | -€2,824 | -54.8% |
| Remuneration and social security | 454/9 | €45,687 | €15,525 | -€30,162 | -66.0% |
| Other amounts payable | 47/48 | €6,203 | €1,154 | -€5,049 | -81.4% |
| Remuneration, social security and pensions | 62 | €164,003 | €176,376 | +€12,373 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,300 | €14,300 | = | 0.0% |
| Other operating charges | 640/8 | €5,274 | €2,243 | -€3,031 | -57.5% |
| Gross operating margin | 9900 | €165,624 | €238,593 | +€72,969 | +44.1% |
| Operating profit (loss) | 9901 | -€17,953 | €45,674 | +€63,627 | |
| Financial income | 75/76B | €852 | €916 | +€64 | +7.5% |
| Recurring financial income | 75 | €852 | €916 | +€64 | +7.5% |
| Financial charges | 65/66B | €6,020 | €6,512 | +€492 | +8.2% |
| Recurring financial charges | 65 | €6,020 | €6,512 | +€492 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,121 | €40,078 | +€63,199 | |
| Profit (loss) for the period | 9904 | -€23,121 | €40,078 | +€63,199 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,121 | €40,078 | +€63,199 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.