Christian BUYLE: 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.
Christian BUYLE
Largest movements
- Receivables within one year -€7,317
down €7,317 (-38.8%), from €18,854 to €11,537
of which Trade receivables: -€8,741
- Cash +€5,541
up €5,541 (+261%), from €2,121 to €7,663
mainly Net result for the year (+€9,448) and Receivables within one year (+€7,317)
- Tangible fixed assets -€813
down €813 (-38.2%), from €2,126 to €1,313
of which Plant, machinery and equipment: -€500
- Profit (loss) carried forward +€9,448
up €9,448, from -€9,363 to €85
- Other debts -€8,404
down €8,404 (-73.6%), from €11,413 to €3,009
- Trade debts -€6,350
down €6,350 (-50.2%), from €12,659 to €6,308
- Tax, wage and social debts +€2,515
up €2,515 (+188%), from €1,340 to €3,855
- Turnover -€157,432
no longer reported in 2025 (was €157,432)
- Purchases and services -€154,379
no longer reported in 2025 (was €154,379)
- Gross operating margin +€6,009
up €6,009 (+70.5%), from €8,519 to €14,528
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.
Derived cash bridge
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 | €26,048 | €23,257 | -€2,792 | -10.7% |
| Formation expenses | 20 | €930 | €826 | -€103 | -11.1% |
| Fixed assets | 21/28 | €3,026 | €2,113 | -€913 | -30.2% |
| Intangible fixed assets | 21 | €900 | €800 | -€100 | -11.1% |
| Tangible fixed assets | 22/27 | €2,126 | €1,313 | -€813 | -38.2% |
| Plant, machinery and equipment | 23 | €1,500 | €1,000 | -€500 | -33.3% |
| Furniture and vehicles | 24 | €626 | €313 | -€313 | -50.0% |
| Current assets | 29/58 | €22,093 | €20,317 | -€1,775 | -8.0% |
| Stocks and contracts in progress | 3 | €1,118 | €1,118 | = | 0.0% |
| Stocks | 30/36 | €1,118 | €1,118 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,854 | €11,537 | -€7,317 | -38.8% |
| Trade receivables | 40 | €15,996 | €7,256 | -€8,741 | -54.6% |
| Other amounts receivable | 41 | €2,857 | €4,281 | +€1,424 | +49.8% |
| Cash at bank and in hand | 54/58 | €2,121 | €7,663 | +€5,541 | +261% |
| Total equity and liabilities | 10/49 | €26,048 | €23,257 | -€2,792 | -10.7% |
| Equity | 10/15 | €637 | €10,085 | +€9,448 | +1,484% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,363 | €85 | +€9,448 | |
| Amounts payable | 17/49 | €25,412 | €13,172 | -€12,240 | -48.2% |
| Amounts payable within one year | 42/48 | €25,412 | €13,172 | -€12,240 | -48.2% |
| Trade debts | 44 | €12,659 | €6,308 | -€6,350 | -50.2% |
| Suppliers | 440/4 | €12,659 | €6,308 | -€6,350 | -50.2% |
| Taxes, remuneration and social security | 45 | €1,340 | €3,855 | +€2,515 | +188% |
| Taxes | 450/3 | €1,340 | €3,855 | +€2,515 | +188% |
| Other amounts payable | 47/48 | €11,413 | €3,009 | -€8,404 | -73.6% |
| Turnover | 70 | €157,432 | - | -€157,432 | |
| Goods, raw materials, services and sundry goods | 60/61 | €154,379 | - | -€154,379 | |
| Remuneration, social security and pensions | 62 | €400 | €198 | -€202 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,016 | €1,016 | = | 0.0% |
| Other operating charges | 640/8 | €1,072 | €775 | -€297 | -27.7% |
| Gross operating margin | 9900 | €8,519 | €14,528 | +€6,009 | +70.5% |
| Operating profit (loss) | 9901 | €6,031 | €12,539 | +€6,509 | +108% |
| Financial income | 75/76B | €40 | €35 | -€5 | -12.3% |
| Recurring financial income | 75 | €40 | €35 | -€5 | -12.3% |
| Financial charges | 65/66B | €297 | €254 | -€43 | -14.5% |
| Recurring financial charges | 65 | €297 | €254 | -€43 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €5,773 | €12,320 | +€6,547 | +113% |
| Income taxes | 67/77 | €1,487 | €2,872 | +€1,385 | +93.1% |
| Profit (loss) for the period | 9904 | €4,286 | €9,448 | +€5,162 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €4,286 | €9,448 | +€5,162 | +120% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.