BUX: 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.
BUX
Largest movements
- Cash -€30,443
down €30,443 (-61.8%), from €49,274 to €18,831
mainly Net result for the year (-€18,985) and Contributions, distributions and other (-€8,000)
- Tangible fixed assets -€11,382
down €11,382 (-26.4%), from €43,075 to €31,693
of which Furniture and vehicles: -€8,355
- Deferred charges and accrued income +€1,189
up €1,189 (+58.5%), from €2,035 to €3,224
- Profit (loss) carried forward -€18,985
down €18,985, from €3,325 to -€15,660
- Reserves -€8,000
down €8,000 (-27.0%), from €29,590 to €21,590
- Debts after one year -€5,035
down €5,035 (-53.5%), from €9,413 to €4,378
- Trade debts -€4,994
down €4,994 (-74.1%), from €6,738 to €1,744
- Tax, wage and social debts -€2,914
down €2,914 (-24.3%), from €11,980 to €9,066
of which Remuneration and social security: -€4,872
- Gross operating margin -€41,816
down €41,816 (-57.4%), from €72,902 to €31,086
- Staff costs -€7,688
down €7,688 (-17.3%), from €44,508 to €36,821
- Taxes -€5,116
down €5,116 (-98.5%), from €5,197 to €80
- Depreciation +€4,568
up €4,568 (+61.8%), from €7,392 to €11,960
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 | €107,502 | €66,792 | -€40,710 | -37.9% |
| Fixed assets | 21/28 | €43,075 | €31,693 | -€11,382 | -26.4% |
| Tangible fixed assets | 22/27 | €43,075 | €31,693 | -€11,382 | -26.4% |
| Plant, machinery and equipment | 23 | €8,628 | €5,601 | -€3,027 | -35.1% |
| Furniture and vehicles | 24 | €34,447 | €26,092 | -€8,355 | -24.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €64,427 | €35,099 | -€29,328 | -45.5% |
| Stocks and contracts in progress | 3 | €524 | €222 | -€302 | -57.7% |
| Stocks | 30/36 | €524 | €222 | -€302 | -57.7% |
| Amounts receivable within one year | 40/41 | €12,595 | €12,822 | +€228 | +1.8% |
| Trade receivables | 40 | €11,787 | €12,008 | +€221 | +1.9% |
| Other amounts receivable | 41 | €808 | €814 | +€7 | +0.8% |
| Cash at bank and in hand | 54/58 | €49,274 | €18,831 | -€30,443 | -61.8% |
| Deferred charges and accrued income | 490/1 | €2,035 | €3,224 | +€1,189 | +58.5% |
| Total equity and liabilities | 10/49 | €107,502 | €66,792 | -€40,710 | -37.9% |
| Equity | 10/15 | €72,915 | €45,930 | -€26,985 | -37.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €29,590 | €21,590 | -€8,000 | -27.0% |
| Distributable reserves | 133 | €29,590 | €21,590 | -€8,000 | -27.0% |
| Profit (loss) carried forward | 14 | €3,325 | -€15,660 | -€18,985 | |
| Amounts payable | 17/49 | €34,587 | €20,862 | -€13,725 | -39.7% |
| Amounts payable after more than one year | 17 | €9,413 | €4,378 | -€5,035 | -53.5% |
| Financial debts | 170/4 | €9,413 | €4,378 | -€5,035 | -53.5% |
| Amounts payable within one year | 42/48 | €25,174 | €16,484 | -€8,690 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €4,807 | €5,035 | +€228 | +4.7% |
| Trade debts | 44 | €6,738 | €1,744 | -€4,994 | -74.1% |
| Suppliers | 440/4 | €6,738 | €1,744 | -€4,994 | -74.1% |
| Taxes, remuneration and social security | 45 | €11,980 | €9,066 | -€2,914 | -24.3% |
| Taxes | 450/3 | €4,699 | €6,657 | +€1,958 | +41.7% |
| Remuneration and social security | 454/9 | €7,281 | €2,409 | -€4,872 | -66.9% |
| Other amounts payable | 47/48 | €1,648 | €638 | -€1,010 | -61.3% |
| Remuneration, social security and pensions | 62 | €44,508 | €36,821 | -€7,688 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,392 | €11,960 | +€4,568 | +61.8% |
| Other operating charges | 640/8 | €705 | €502 | -€203 | -28.8% |
| Gross operating margin | 9900 | €72,902 | €31,086 | -€41,816 | -57.4% |
| Operating profit (loss) | 9901 | €20,298 | -€18,195 | -€38,493 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €363 | €710 | +€347 | +95.7% |
| Recurring financial charges | 65 | €363 | €710 | +€347 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €19,935 | -€18,905 | -€38,840 | |
| Income taxes | 67/77 | €5,197 | €80 | -€5,116 | -98.5% |
| Profit (loss) for the period | 9904 | €14,738 | -€18,985 | -€33,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,738 | -€18,985 | -€33,723 |
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 11 October 2026 via checked.be.