BUYSEWEST: what changed
What changed
BUYSEWEST
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€151,629
2024 · €93,062+€58,566
Equity
€616,600
2024 · €487,620+€128,980
Cash
€297,742
2024 · €245,138+€52,604
Balance sheet total
€1.2m
2024 · €950,242+€236,208
Largest movements
Assets
- Tangible fixed assets +€204,373
up €204,373 (+41.3%), from €494,372 to €698,745
of which Leasing and similar rights: +€134,117
- Cash +€52,604
up €52,604 (+21.5%), from €245,138 to €297,742
mainly Net result for the year (+€151,629) and Depreciation (+€143,047)
- Receivables within one year -€15,994
down €15,994 (-14.7%), from €108,448 to €92,454
of which Trade receivables: -€14,780
Equity and liabilities
- Reserves +€128,980
up €128,980 (+37.8%), from €341,272 to €470,252
- Trade debts +€97,396
up €97,396 (+165%), from €59,147 to €156,543
- Tax, wage and social debts -€18,734
down €18,734 (-32.8%), from €57,151 to €38,417
of which Taxes: -€11,721
- Accrued charges and deferred income +€18,595
up €18,595 (+430%), from €4,325 to €22,920
- Current portion of long-term debt +€17,237
up €17,237 (+22.8%), from €75,730 to €92,967
Income statement
- Gross operating margin +€75,978
up €75,978 (+17.5%), from €435,268 to €511,246
- Taxes +€20,394
up €20,394 (+57.5%), from €35,482 to €55,875
- Staff costs -€8,444
down €8,444 (-5.8%), from €145,889 to €137,445
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
€93,062
Gross operating margin
+€75,978
Staff costs
+€8,444
Depreciation
-€4,042
Other operating charges
-€1,605
Financial income
-€1,276
Financial charges
+€1,461
Taxes
-€20,394
Result 2025
€151,629
raises the resultlowers the result
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
+€407,732
Investment
-€347,720
Financing
-€7,408
Cash 2024
€245,138
From operations (derived)
+€407,732
Net result for the year
+€151,629
Depreciation
+€143,047
Receivables within one year
+€15,994
Deferred charges and accrued income
+€5,075
Trade debts
+€97,396
Tax, wage and social debts
-€18,734
Other debts
-€5,269
Accrued charges and deferred income
+€18,595
Investment (derived)
-€347,720
Investment in fixed assets (net)
-€347,420
Current investments
-€300
Financing
-€7,408
Debts after one year
-€1,997
Current portion of long-term debt
+€17,237
Contributions, distributions and other
-€22,649
Cash 2025
€297,742
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €950,242 | €1,186,451 | +€236,208 | +24.9% |
| Fixed assets | 21/28 | €494,699 | €699,073 | +€204,373 | +41.3% |
| Tangible fixed assets | 22/27 | €494,372 | €698,745 | +€204,373 | +41.3% |
| Land and buildings | 22 | €215,760 | €188,477 | -€27,284 | -12.6% |
| Plant, machinery and equipment | 23 | €111,201 | €238,399 | +€127,198 | +114% |
| Furniture and vehicles | 24 | €66,300 | €36,642 | -€29,658 | -44.7% |
| Leasing and similar rights | 25 | €101,110 | €235,227 | +€134,117 | +133% |
| Financial fixed assets | 28 | €328 | €328 | = | 0.0% |
| Current assets | 29/58 | €455,543 | €487,378 | +€31,835 | +7.0% |
| Stocks and contracts in progress | 3 | €42,350 | €42,350 | = | 0.0% |
| Stocks | 30/36 | €42,350 | €42,350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €108,448 | €92,454 | -€15,994 | -14.7% |
| Trade receivables | 40 | €106,752 | €91,971 | -€14,780 | -13.8% |
| Other amounts receivable | 41 | €1,696 | €483 | -€1,214 | -71.5% |
| Current investments | 50/53 | €30,525 | €30,825 | +€300 | +1.0% |
| Cash at bank and in hand | 54/58 | €245,138 | €297,742 | +€52,604 | +21.5% |
| Deferred charges and accrued income | 490/1 | €29,082 | €24,007 | -€5,075 | -17.4% |
| Total equity and liabilities | 10/49 | €950,242 | €1,186,451 | +€236,208 | +24.9% |
| Equity | 10/15 | €487,620 | €616,600 | +€128,980 | +26.5% |
| Contributions | 10/11 | €156,200 | €156,200 | = | 0.0% |
| Reserves | 13 | €341,272 | €470,252 | +€128,980 | +37.8% |
| Distributable reserves | 133 | €341,272 | €470,252 | +€128,980 | +37.8% |
| Profit (loss) carried forward | 14 | -€9,852 | -€9,852 | = | 0.0% |
| Amounts payable | 17/49 | €462,622 | €569,850 | +€107,228 | +23.2% |
| Amounts payable after more than one year | 17 | €204,730 | €202,733 | -€1,997 | -1.0% |
| Financial debts | 170/4 | €135,855 | €202,733 | +€66,878 | +49.2% |
| Other amounts payable | 178/9 | €68,875 | €0 | -€68,875 | -100% |
| Amounts payable within one year | 42/48 | €253,567 | €344,197 | +€90,631 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €75,730 | €92,967 | +€17,237 | +22.8% |
| Financial debts | 43 | €5,000 | €5,000 | = | 0.0% |
| Other loans | 439 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €59,147 | €156,543 | +€97,396 | +165% |
| Suppliers | 440/4 | €59,147 | €156,543 | +€97,396 | +165% |
| Taxes, remuneration and social security | 45 | €57,151 | €38,417 | -€18,734 | -32.8% |
| Taxes | 450/3 | €38,528 | €26,806 | -€11,721 | -30.4% |
| Remuneration and social security | 454/9 | €18,623 | €11,610 | -€7,013 | -37.7% |
| Other amounts payable | 47/48 | €56,539 | €51,270 | -€5,269 | -9.3% |
| Accrued charges and deferred income | 492/3 | €4,325 | €22,920 | +€18,595 | +430% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €145,889 | €137,445 | -€8,444 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,005 | €143,047 | +€4,042 | +2.9% |
| Other operating charges | 640/8 | €6,515 | €8,120 | +€1,605 | +24.6% |
| Gross operating margin | 9900 | €435,268 | €511,246 | +€75,978 | +17.5% |
| Operating profit (loss) | 9901 | €143,859 | €222,635 | +€78,775 | +54.8% |
| Financial income | 75/76B | €2,049 | €772 | -€1,276 | -62.3% |
| Recurring financial income | 75 | €2,049 | €772 | -€1,276 | -62.3% |
| Financial charges | 65/66B | €17,364 | €15,903 | -€1,461 | -8.4% |
| Recurring financial charges | 65 | €17,364 | €15,903 | -€1,461 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €128,544 | €207,504 | +€78,960 | +61.4% |
| Income taxes | 67/77 | €35,482 | €55,875 | +€20,394 | +57.5% |
| Profit (loss) for the period | 9904 | €93,062 | €151,629 | +€58,566 | +62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,062 | €151,629 | +€58,566 | +62.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.