DR. BUEKENS: 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.
DR. BUEKENS
Largest movements
- Cash +€28,691
up €28,691 (+45.9%), from €62,502 to €91,194
mainly Net result for the year (+€62,328) and Depreciation (+€9,337)
- Receivables within one year +€15,970
new in 2025: €15,970
- Tangible fixed assets +€2,451
up €2,451 (+5.0%), from €48,801 to €51,252
of which Land and buildings: +€8,322
- Reserves +€62,000
up €62,000 (+110%), from €56,600 to €118,600
- Tax, wage and social debts -€8,286
down €8,286 (-45.6%), from €18,160 to €9,874
- Debts after one year -€8,137
down €8,137 (-45.2%), from €18,008 to €9,871
- Current portion of long-term debt +€4,644
up €4,644 (+47.0%), from €9,871 to €14,516
- Trade debts -€3,436
down €3,436 (-95.1%), from €3,614 to €178
- Gross operating margin +€13,706
up €13,706 (+16.2%), from €84,770 to €98,475
- Depreciation +€7,181
up €7,181 (+333%), from €2,155 to €9,337
- Taxes +€1,714
up €1,714 (+7.4%), from €23,160 to €24,874
- Other operating charges -€1,621
down €1,621 (-63.1%), from €2,568 to €947
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 | €111,304 | €158,416 | +€47,112 | +42.3% |
| Fixed assets | 21/28 | €48,801 | €51,252 | +€2,451 | +5.0% |
| Tangible fixed assets | 22/27 | €48,801 | €51,252 | +€2,451 | +5.0% |
| Land and buildings | 22 | - | €8,322 | +€8,322 | |
| Plant, machinery and equipment | 23 | €1,804 | €3,383 | +€1,579 | +87.5% |
| Furniture and vehicles | 24 | €46,998 | €39,548 | -€7,450 | -15.9% |
| Current assets | 29/58 | €62,502 | €107,164 | +€44,661 | +71.5% |
| Amounts receivable within one year | 40/41 | - | €15,970 | +€15,970 | |
| Trade receivables | 40 | - | €15,970 | +€15,970 | |
| Cash at bank and in hand | 54/58 | €62,502 | €91,194 | +€28,691 | +45.9% |
| Total equity and liabilities | 10/49 | €111,304 | €158,416 | +€47,112 | +42.3% |
| Equity | 10/15 | €61,650 | €123,977 | +€62,328 | +101% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,600 | €118,600 | +€62,000 | +110% |
| Distributable reserves | 133 | €56,600 | €118,600 | +€62,000 | +110% |
| Profit (loss) carried forward | 14 | €50 | €377 | +€328 | +658% |
| Amounts payable | 17/49 | €49,654 | €34,439 | -€15,215 | -30.6% |
| Amounts payable after more than one year | 17 | €18,008 | €9,871 | -€8,137 | -45.2% |
| Financial debts | 170/4 | €18,008 | €9,871 | -€8,137 | -45.2% |
| Amounts payable within one year | 42/48 | €31,646 | €24,568 | -€7,078 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €9,871 | €14,516 | +€4,644 | +47.0% |
| Trade debts | 44 | €3,614 | €178 | -€3,436 | -95.1% |
| Suppliers | 440/4 | €3,614 | €178 | -€3,436 | -95.1% |
| Taxes, remuneration and social security | 45 | €18,160 | €9,874 | -€8,286 | -45.6% |
| Taxes | 450/3 | €18,160 | €9,874 | -€8,286 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,155 | €9,337 | +€7,181 | +333% |
| Other operating charges | 640/8 | €2,568 | €947 | -€1,621 | -63.1% |
| Gross operating margin | 9900 | €84,770 | €98,475 | +€13,706 | +16.2% |
| Operating profit (loss) | 9901 | €80,046 | €88,192 | +€8,146 | +10.2% |
| Financial income | 75/76B | €70 | €109 | +€39 | +55.3% |
| Recurring financial income | 75 | €70 | €109 | +€39 | +55.3% |
| Financial charges | 65/66B | €306 | €1,099 | +€793 | +259% |
| Recurring financial charges | 65 | €306 | €1,099 | +€793 | +259% |
| Profit (loss) for the period before taxes | 9903 | €79,810 | €87,202 | +€7,391 | +9.3% |
| Income taxes | 67/77 | €23,160 | €24,874 | +€1,714 | +7.4% |
| Profit (loss) for the period | 9904 | €56,650 | €62,328 | +€5,678 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,650 | €62,328 | +€5,678 | +10.0% |
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 16 October 2026 via checked.be.