Buvatra: 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.
Buvatra
Largest movements
- Tangible fixed assets +€93,083
up €93,083 (+42.5%), from €218,943 to €312,026
of which Furniture and vehicles: +€75,499
- Receivables within one year +€26,567
up €26,567 (+22.5%), from €118,305 to €144,872
of which Trade receivables: +€26,415
- Financial fixed assets +€10,270
up €10,270 (+53.7%), from €19,135 to €29,405
- Cash -€9,680
down €9,680 (-23.0%), from €42,033 to €32,353
mainly Investment in fixed assets (net) (-€179,737) and Receivables within one year (-€26,567)
- Other debts +€50,265
up €50,265 (+132.6%), from €37,904 to €88,168
- Debts after one year +€47,336
up €47,336 (+38.3%), from €123,468 to €170,804
- Current portion of long-term debt +€43,093
up €43,093 (+67.0%), from €64,301 to €107,393
- Reserves -€26,459
down €26,459 (-85.5%), from €30,945 to €4,485
- Trade debts +€8,035
up €8,035 (+18.9%), from €42,527 to €50,562
- Staff costs +€58,638
up €58,638 (+39.6%), from €148,243 to €206,881
- Gross operating margin +€46,065
up €46,065 (+21.0%), from €219,672 to €265,737
- Depreciation +€24,585
up €24,585 (+47.5%), from €51,799 to €76,384
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 | €398,786 | €521,184 | +€122,398 | +30.7% |
| Fixed assets | 21/28 | €238,078 | €341,431 | +€103,353 | +43.4% |
| Tangible fixed assets | 22/27 | €218,943 | €312,026 | +€93,083 | +42.5% |
| Plant, machinery and equipment | 23 | €1,608 | €820 | -€788 | -49.0% |
| Furniture and vehicles | 24 | €162,902 | €238,401 | +€75,499 | +46.3% |
| Leasing and similar rights | 25 | €54,433 | €72,805 | +€18,372 | +33.8% |
| Financial fixed assets | 28 | €19,135 | €29,405 | +€10,270 | +53.7% |
| Current assets | 29/58 | €160,708 | €179,753 | +€19,045 | +11.9% |
| Amounts receivable within one year | 40/41 | €118,305 | €144,872 | +€26,567 | +22.5% |
| Trade receivables | 40 | €118,223 | €144,638 | +€26,415 | +22.3% |
| Other amounts receivable | 41 | €82 | €234 | +€152 | +185.2% |
| Cash at bank and in hand | 54/58 | €42,033 | €32,353 | -€9,680 | -23.0% |
| Deferred charges and accrued income | 490/1 | €370 | €2,528 | +€2,158 | +583.8% |
| Total equity and liabilities | 10/49 | €398,786 | €521,184 | +€122,398 | +30.7% |
| Equity | 10/15 | €105,945 | €79,485 | -€26,459 | -25.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €30,945 | €4,485 | -€26,459 | -85.5% |
| Distributable reserves | 133 | €30,945 | €4,485 | -€26,459 | -85.5% |
| Amounts payable | 17/49 | €292,841 | €441,698 | +€148,857 | +50.8% |
| Amounts payable after more than one year | 17 | €123,468 | €170,804 | +€47,336 | +38.3% |
| Financial debts | 170/4 | €123,468 | €170,804 | +€47,336 | +38.3% |
| Amounts payable within one year | 42/48 | €169,353 | €270,873 | +€101,520 | +59.9% |
| Current portion of amounts payable after more than one year | 42 | €64,301 | €107,393 | +€43,093 | +67.0% |
| Trade debts | 44 | €42,527 | €50,562 | +€8,035 | +18.9% |
| Suppliers | 440/4 | €42,527 | €50,562 | +€8,035 | +18.9% |
| Taxes, remuneration and social security | 45 | €24,621 | €24,749 | +€128 | +0.5% |
| Taxes | 450/3 | €9,150 | €6,878 | -€2,272 | -24.8% |
| Remuneration and social security | 454/9 | €15,471 | €17,871 | +€2,400 | +15.5% |
| Other amounts payable | 47/48 | €37,904 | €88,168 | +€50,265 | +132.6% |
| Accrued charges and deferred income | 492/3 | €21 | €21 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €148,243 | €206,881 | +€58,638 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,799 | €76,384 | +€24,585 | +47.5% |
| Other operating charges | 640/8 | €2,631 | €3,869 | +€1,238 | +47.0% |
| Gross operating margin | 9900 | €219,672 | €265,737 | +€46,065 | +21.0% |
| Operating profit (loss) | 9901 | €16,998 | -€21,397 | -€38,395 | |
| Financial income | 75/76B | €277 | €0 | -€277 | -100.0% |
| Recurring financial income | 75 | €277 | €0 | -€277 | -100.0% |
| Financial charges | 65/66B | €2,824 | €5,063 | +€2,239 | +79.3% |
| Recurring financial charges | 65 | €2,824 | €5,063 | +€2,239 | +79.3% |
| Profit (loss) for the period before taxes | 9903 | €14,451 | -€26,459 | -€40,911 | |
| Profit (loss) for the period | 9904 | €14,451 | -€26,459 | -€40,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,451 | -€26,459 | -€40,911 |
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 7 October 2026 via checked.be.