BUVE KEUKENS: what changed
What changed
BUVE KEUKENS
NACE 47.551, Retail sale of household furniture
filed annual accounts (NBB)
Net result for the year
-€32,176
2024 · €197,381-€229,557
Equity
€276,600
2024 · €308,776-€32,176
Cash
€20,756
2024 · €1.1m-€1.1m
Balance sheet total
€331,106
2024 · €1.2m-€891,385
Largest movements
Assets
- Cash -€1.1m
down €1.1m (-98.2%), from €1.1m to €20,756
mainly Other debts (-€693,798) and Receivables within one year (-€204,281)
- Receivables within one year +€204,281
up €204,281 (+220%), from €92,706 to €296,987
of which Other amounts receivable: +€153,348
Equity and liabilities
- Other debts -€693,798
down €693,798 (-100%), from €693,798 to €0
- Trade debts -€97,433
down €97,433 (-85.7%), from €113,748 to €16,315
- Short-term financial debts -€53,582
down €53,582 (-100%), from €53,582 to €0
- Profit (loss) carried forward -€32,176
down €32,176 (-15.9%), from €201,899 to €169,723
Income statement
- Gross operating margin -€572,968
down €572,968 (-99.8%), from €573,955 to €987
- Staff costs -€260,598
down €260,598 (-100%), from €260,598 to €0
- Other operating charges -€95,848
down €95,848 (-99.0%), from €96,810 to €963
- Write-downs +€82,800
up €82,800, from -€82,800 to €0
- Taxes -€77,228
down €77,228 (-90.9%), from €84,925 to €7,697
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€197,381
Gross operating margin
-€572,968
Staff costs
+€260,598
Write-downs
-€82,800
Other operating charges
+€95,848
Other operating items
-€27,505
Financial income
+€2,364
Financial charges
+€17,680
Taxes
+€77,228
Result 2025
-€32,176
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.0m
Investment
€0
Financing
-€63,473
Cash 2024
€1.1m
From operations (derived)
-€1.0m
Net result for the year
-€32,176
Receivables within one year
-€204,281
Deferred charges and accrued income
-€8,035
Trade debts
-€97,433
Tax, wage and social debts
-€3,850
Other debts
-€693,798
Accrued charges and deferred income
-€655
Financing
-€63,473
Debts after one year
-€9,067
Current portion of long-term debt
-€824
Short-term financial debts
-€53,582
Cash 2025
€20,756
takes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,222,491 | €331,106 | -€891,385 | -72.9% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,222,491 | €331,106 | -€891,385 | -72.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €92,706 | €296,987 | +€204,281 | +220% |
| Trade receivables | 40 | €2,667 | €53,600 | +€50,933 | +1,910% |
| Other amounts receivable | 41 | €90,039 | €243,387 | +€153,348 | +170% |
| Cash at bank and in hand | 54/58 | €1,124,458 | €20,756 | -€1.1m | -98.2% |
| Deferred charges and accrued income | 490/1 | €5,328 | €13,363 | +€8,035 | +151% |
| Total equity and liabilities | 10/49 | €1,222,491 | €331,106 | -€891,385 | -72.9% |
| Equity | 10/15 | €308,776 | €276,600 | -€32,176 | -10.4% |
| Contributions | 10/11 | €74,500 | €74,500 | = | 0.0% |
| Reserves | 13 | €32,377 | €32,377 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,377 | €32,377 | = | 0.0% |
| Reserves not available under the articles | 1311 | €32,377 | €32,377 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201,899 | €169,723 | -€32,176 | -15.9% |
| Amounts payable | 17/49 | €913,715 | €54,506 | -€859,209 | -94.0% |
| Amounts payable after more than one year | 17 | €9,067 | €0 | -€9,067 | -100% |
| Financial debts | 170/4 | €9,067 | €0 | -€9,067 | -100% |
| Amounts payable within one year | 42/48 | €897,693 | €48,206 | -€849,488 | -94.6% |
| Current portion of amounts payable after more than one year | 42 | €9,891 | €9,067 | -€824 | -8.3% |
| Financial debts | 43 | €53,582 | €0 | -€53,582 | -100% |
| Credit institutions | 430/8 | €53,582 | €0 | -€53,582 | -100% |
| Trade debts | 44 | €113,748 | €16,315 | -€97,433 | -85.7% |
| Suppliers | 440/4 | €113,748 | €16,315 | -€97,433 | -85.7% |
| Taxes, remuneration and social security | 45 | €26,674 | €22,824 | -€3,850 | -14.4% |
| Taxes | 450/3 | €26,674 | €22,824 | -€3,850 | -14.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €693,798 | €0 | -€693,798 | -100% |
| Accrued charges and deferred income | 492/3 | €6,955 | €6,300 | -€655 | -9.4% |
| Non-recurring operating income | 76A | €991,713 | €0 | -€991,713 | -100% |
| Remuneration, social security and pensions | 62 | €260,598 | €0 | -€260,598 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€82,800 | €0 | +€82,800 | |
| Other operating charges | 640/8 | €96,810 | €963 | -€95,848 | -99.0% |
| Non-recurring operating charges | 66A | €7,495 | €35,000 | +€27,505 | +367% |
| Gross operating margin | 9900 | €573,955 | €987 | -€572,968 | -99.8% |
| Operating profit (loss) | 9901 | €291,852 | -€34,976 | -€326,828 | |
| Financial income | 75/76B | €11,251 | €13,615 | +€2,364 | +21.0% |
| Recurring financial income | 75 | €11,251 | €13,615 | +€2,364 | +21.0% |
| Financial charges | 65/66B | €20,798 | €3,118 | -€17,680 | -85.0% |
| Recurring financial charges | 65 | €20,798 | €3,118 | -€17,680 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €282,306 | -€24,479 | -€306,784 | |
| Income taxes | 67/77 | €84,925 | €7,697 | -€77,228 | -90.9% |
| Profit (loss) for the period | 9904 | €197,381 | -€32,176 | -€229,557 | |
| Profit (loss) for the period to be appropriated | 9905 | €197,381 | -€32,176 | -€229,557 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.