BUXIN: 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.
BUXIN
Largest movements
- Cash -€28,112
no longer reported in 2024 (was €28,112)
mainly Advances received (-€29,758) and Investment in fixed assets (net) (-€11,584)
- Tangible fixed assets +€7,672
up €7,672 (+161%), from €4,759 to €12,430
of which Furniture and vehicles: +€5,270
- Stocks and contracts -€6,800
down €6,800 (-30.3%), from €22,430 to €15,630
- Receivables within one year +€4,543
up €4,543 (+5.6%), from €80,824 to €85,367
of which Other amounts receivable: +€40,343
- Advances received -€29,758
down €29,758 (-67.6%), from €44,000 to €14,242
- Short-term financial debts +€7,714
up €7,714 (+646%), from €1,194 to €8,908
- Trade debts -€4,182
down €4,182 (-44.8%), from €9,337 to €5,155
- Reserves +€2,046
up €2,046 (+3.7%), from €56,013 to €58,058
of which Distributable reserves: +€2,046
- Gross operating margin -€3,054
down €3,054 (-18.9%), from €16,195 to €13,141
- Depreciation +€3,040
up €3,040 (+349%), from €872 to €3,912
- Other operating charges +€1,739
up €1,739 (+198%), from €880 to €2,618
- Financial charges +€1,370
up €1,370 (+49.4%), from €2,772 to €4,142
- Taxes +€448
up €448 (+21.6%), from €2,080 to €2,529
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 | €201,324 | €178,556 | -€22,767 | -11.3% |
| Fixed assets | 21/28 | €4,759 | €12,430 | +€7,672 | +161% |
| Tangible fixed assets | 22/27 | €4,759 | €12,430 | +€7,672 | +161% |
| Plant, machinery and equipment | 23 | €2,284 | €4,686 | +€2,402 | +105% |
| Furniture and vehicles | 24 | €2,474 | €7,744 | +€5,270 | +213% |
| Current assets | 29/58 | €196,565 | €166,126 | -€30,439 | -15.5% |
| Amounts receivable after more than one year | 29 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 291 | €65,000 | €65,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €22,430 | €15,630 | -€6,800 | -30.3% |
| Stocks | 30/36 | €22,430 | €15,630 | -€6,800 | -30.3% |
| Amounts receivable within one year | 40/41 | €80,824 | €85,367 | +€4,543 | +5.6% |
| Trade receivables | 40 | €63,921 | €28,122 | -€35,800 | -56.0% |
| Other amounts receivable | 41 | €16,902 | €57,245 | +€40,343 | +239% |
| Cash at bank and in hand | 54/58 | €28,112 | - | -€28,112 | |
| Deferred charges and accrued income | 490/1 | €200 | €129 | -€71 | -35.3% |
| Total equity and liabilities | 10/49 | €201,324 | €178,556 | -€22,767 | -11.3% |
| Equity | 10/15 | €96,263 | €98,309 | +€2,046 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,013 | €58,058 | +€2,046 | +3.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,153 | €56,198 | +€2,046 | +3.8% |
| Profit (loss) carried forward | 14 | €21,650 | €21,650 | = | 0.0% |
| Amounts payable | 17/49 | €105,060 | €80,247 | -€24,813 | -23.6% |
| Amounts payable within one year | 42/48 | €104,785 | €79,351 | -€25,434 | -24.3% |
| Financial debts | 43 | €1,194 | €8,908 | +€7,714 | +646% |
| Credit institutions | 430/8 | €1,194 | €8,908 | +€7,714 | +646% |
| Trade debts | 44 | €9,337 | €5,155 | -€4,182 | -44.8% |
| Suppliers | 440/4 | €9,337 | €5,155 | -€4,182 | -44.8% |
| Advances received on contracts in progress | 46 | €44,000 | €14,242 | -€29,758 | -67.6% |
| Taxes, remuneration and social security | 45 | €34,762 | €35,554 | +€792 | +2.3% |
| Taxes | 450/3 | €34,762 | €35,554 | +€792 | +2.3% |
| Other amounts payable | 47/48 | €15,492 | €15,492 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €275 | €896 | +€621 | +226% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €872 | €3,912 | +€3,040 | +349% |
| Other operating charges | 640/8 | €880 | €2,618 | +€1,739 | +198% |
| Gross operating margin | 9900 | €16,195 | €13,141 | -€3,054 | -18.9% |
| Operating profit (loss) | 9901 | €14,444 | €6,610 | -€7,833 | -54.2% |
| Financial income | 75/76B | €1,734 | €2,106 | +€372 | +21.4% |
| Recurring financial income | 75 | €1,734 | €2,106 | +€372 | +21.4% |
| Financial charges | 65/66B | €2,772 | €4,142 | +€1,370 | +49.4% |
| Recurring financial charges | 65 | €2,772 | €4,142 | +€1,370 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €13,406 | €4,574 | -€8,831 | -65.9% |
| Income taxes | 67/77 | €2,080 | €2,529 | +€448 | +21.6% |
| Profit (loss) for the period | 9904 | €11,325 | €2,046 | -€9,280 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,325 | €2,046 | -€9,280 | -81.9% |
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 15 October 2026 via checked.be.