Dr. Buntinx Ingeborg: 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. Buntinx Ingeborg
Largest movements
- Tangible fixed assets -€23,605
down €23,605 (-22.7%), from €104,194 to €80,589
of which Furniture and vehicles: -€16,107
- Cash +€20,692
up €20,692 (+23.0%), from €89,770 to €110,462
mainly Depreciation (+€27,103) and Tax, wage and social debts (+€7,771)
- Reserves -€13,735
down €13,735 (-19.3%), from €71,048 to €57,314
- Debts after one year -€8,460
down €8,460 (-10.6%), from €79,619 to €71,159
- Tax, wage and social debts +€7,771
up €7,771 (+389%), from €2,000 to €9,771
- Other debts +€6,278
up €6,278 (+17.6%), from €35,651 to €41,929
- Trade debts +€2,413
up €2,413 (+1,523%), from €158 to €2,571
- Gross operating margin +€1,959
up €1,959 (+9.2%), from €21,387 to €23,347
- Financial income +€629
up €629 (+146%), from €432 to €1,060
- Taxes +€396
up €396 (+191%), from €207 to €604
- Depreciation +€255
up €255 (+0.9%), from €26,848 to €27,103
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 | €216,679 | €211,904 | -€4,775 | -2.2% |
| Fixed assets | 21/28 | €104,194 | €80,589 | -€23,605 | -22.7% |
| Tangible fixed assets | 22/27 | €104,194 | €80,589 | -€23,605 | -22.7% |
| Land and buildings | 22 | €83,675 | €77,076 | -€6,599 | -7.9% |
| Plant, machinery and equipment | 23 | €3,852 | €2,953 | -€899 | -23.3% |
| Furniture and vehicles | 24 | €16,667 | €559 | -€16,107 | -96.6% |
| Current assets | 29/58 | €112,485 | €131,315 | +€18,830 | +16.7% |
| Stocks and contracts in progress | 3 | €12,237 | €11,863 | -€374 | -3.1% |
| Stocks | 30/36 | €12,237 | €11,863 | -€374 | -3.1% |
| Amounts receivable within one year | 40/41 | €9,855 | €8,562 | -€1,293 | -13.1% |
| Trade receivables | 40 | €7,685 | €8,467 | +€782 | +10.2% |
| Other amounts receivable | 41 | €2,170 | €95 | -€2,075 | -95.6% |
| Cash at bank and in hand | 54/58 | €89,770 | €110,462 | +€20,692 | +23.0% |
| Deferred charges and accrued income | 490/1 | €622 | €427 | -€195 | -31.4% |
| Total equity and liabilities | 10/49 | €216,679 | €211,904 | -€4,775 | -2.2% |
| Equity | 10/15 | €91,048 | €77,314 | -€13,735 | -15.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €71,048 | €57,314 | -€13,735 | -19.3% |
| Distributable reserves | 133 | €71,048 | €57,314 | -€13,735 | -19.3% |
| Amounts payable | 17/49 | €125,631 | €134,590 | +€8,959 | +7.1% |
| Amounts payable after more than one year | 17 | €79,619 | €71,159 | -€8,460 | -10.6% |
| Financial debts | 170/4 | €79,619 | €71,159 | -€8,460 | -10.6% |
| Amounts payable within one year | 42/48 | €46,012 | €62,677 | +€16,665 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €8,032 | €8,405 | +€374 | +4.7% |
| Trade debts | 44 | €158 | €2,571 | +€2,413 | +1,523% |
| Suppliers | 440/4 | €158 | €2,571 | +€2,413 | +1,523% |
| Advances received on contracts in progress | 46 | €171 | - | -€171 | |
| Taxes, remuneration and social security | 45 | €2,000 | €9,771 | +€7,771 | +389% |
| Taxes | 450/3 | €2,000 | €9,771 | +€7,771 | +389% |
| Other amounts payable | 47/48 | €35,651 | €41,929 | +€6,278 | +17.6% |
| Accrued charges and deferred income | 492/3 | - | €754 | +€754 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,848 | €27,103 | +€255 | +0.9% |
| Other operating charges | 640/8 | €4,115 | €4,144 | +€30 | +0.7% |
| Gross operating margin | 9900 | €21,387 | €23,347 | +€1,959 | +9.2% |
| Operating profit (loss) | 9901 | -€9,575 | -€7,901 | +€1,675 | +17.5% |
| Financial income | 75/76B | €432 | €1,060 | +€629 | +146% |
| Recurring financial income | 75 | €432 | €1,060 | +€629 | +146% |
| Financial charges | 65/66B | €3,912 | €3,777 | -€135 | -3.5% |
| Recurring financial charges | 65 | €3,912 | €3,777 | -€135 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,056 | -€10,617 | +€2,439 | +18.7% |
| Income taxes | 67/77 | €207 | €604 | +€396 | +191% |
| Profit (loss) for the period | 9904 | -€13,263 | -€11,221 | +€2,042 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,263 | -€11,221 | +€2,042 | +15.4% |
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 17 October 2026 via checked.be.