BUTTERFLY GLOBAL: 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.
BUTTERFLY GLOBAL
Largest movements
- Tangible fixed assets -€63,541
down €63,541 (-11.6%), from €549,876 to €486,336
of which Other tangible fixed assets: -€37,119
- Cash -€21,070
down €21,070 (-21.7%), from €97,055 to €75,984
mainly Debts after one year (-€160,692) and Other debts (-€37,301)
- Debts after one year -€160,692
down €160,692 (-16.2%), from €993,958 to €833,266
of which Other amounts payable: -€112,745
- Profit (loss) carried forward +€125,756
up €125,756 (+105%), from €119,767 to €245,522
- Other debts -€37,301
down €37,301 (-99.1%), from €37,625 to €324
- Turnover +€129,276
new in 2025: €129,276
- Financial income +€74,698
up €74,698 (+170%), from €43,880 to €118,578
of which Financial income: +€55,397
- Purchases and services +€51,623
new in 2025: €51,623
- Gross operating margin -€5,181
down €5,181 (-5.7%), from €90,964 to €85,783
- Other operating charges +€3,835
up €3,835 (+61.1%), from €6,271 to €10,105
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 | €1,582,534 | €1,506,968 | -€75,566 | -4.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,476,781 | €1,425,457 | -€51,324 | -3.5% |
| Tangible fixed assets | 22/27 | €549,876 | €486,336 | -€63,541 | -11.6% |
| Land and buildings | 22 | €367,450 | €341,307 | -€26,142 | -7.1% |
| Furniture and vehicles | 24 | €564 | €285 | -€279 | -49.4% |
| Other tangible fixed assets | 26 | €181,862 | €144,743 | -€37,119 | -20.4% |
| Financial fixed assets | 28 | €926,905 | €939,122 | +€12,217 | +1.3% |
| Current assets | 29/58 | €105,752 | €81,510 | -€24,242 | -22.9% |
| Amounts receivable after more than one year | 29 | - | €1,611 | +€1,611 | |
| Other amounts receivable | 291 | - | €1,611 | +€1,611 | |
| Amounts receivable within one year | 40/41 | €4,073 | - | -€4,073 | |
| Trade receivables | 40 | €0 | - | -€0 | |
| Other amounts receivable | 41 | €4,073 | - | -€4,073 | |
| Cash at bank and in hand | 54/58 | €97,055 | €75,984 | -€21,070 | -21.7% |
| Deferred charges and accrued income | 490/1 | €4,624 | €3,916 | -€709 | -15.3% |
| Total equity and liabilities | 10/49 | €1,582,534 | €1,506,968 | -€75,566 | -4.8% |
| Equity | 10/15 | €494,767 | €620,522 | +€125,756 | +25.4% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | - | -€375,000 | |
| Issued capital | 100 | €375,000 | - | -€375,000 | |
| Profit (loss) carried forward | 14 | €119,767 | €245,522 | +€125,756 | +105% |
| Amounts payable | 17/49 | €1,087,767 | €886,445 | -€201,321 | -18.5% |
| Amounts payable after more than one year | 17 | €993,958 | €833,266 | -€160,692 | -16.2% |
| Financial debts | 170/4 | €298,382 | €250,435 | -€47,948 | -16.1% |
| Other amounts payable | 178/9 | €695,576 | €582,831 | -€112,745 | -16.2% |
| Amounts payable within one year | 42/48 | €93,753 | €53,179 | -€40,574 | -43.3% |
| Current portion of amounts payable after more than one year | 42 | €47,258 | €47,948 | +€689 | +1.5% |
| Trade debts | 44 | €8,870 | €4,908 | -€3,962 | -44.7% |
| Suppliers | 440/4 | €8,870 | €4,908 | -€3,962 | -44.7% |
| Other amounts payable | 47/48 | €37,625 | €324 | -€37,301 | -99.1% |
| Accrued charges and deferred income | 492/3 | €56 | - | -€56 | |
| Turnover | 70 | - | €129,276 | +€129,276 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €51,623 | +€51,623 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,541 | €63,541 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,271 | €10,105 | +€3,835 | +61.1% |
| Gross operating margin | 9900 | €90,964 | €85,783 | -€5,181 | -5.7% |
| Operating profit (loss) | 9901 | €21,152 | €12,137 | -€9,015 | -42.6% |
| Financial income | 75/76B | €43,880 | €118,578 | +€74,698 | +170% |
| Recurring financial income | 75 | €43,880 | €99,277 | +€55,397 | +126% |
| Non-recurring financial income | 76B | - | €19,301 | +€19,301 | |
| Financial charges | 65/66B | €5,543 | €4,960 | -€583 | -10.5% |
| Recurring financial charges | 65 | €5,543 | €4,842 | -€700 | -12.6% |
| Non-recurring financial charges | 66B | - | €117 | +€117 | |
| Profit (loss) for the period before taxes | 9903 | €59,490 | €125,756 | +€66,266 | +111% |
| Profit (loss) for the period | 9904 | €59,490 | €125,756 | +€66,266 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €59,490 | €125,756 | +€66,266 | +111% |
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 23 October 2026 via checked.be.