FOUNDATION DE BUCK: 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.
FOUNDATION DE BUCK
Largest movements
- Receivables within one year -€126,955
down €126,955 (-52.9%), from €239,900 to €112,945
of which Other amounts receivable: -€112,995
- Tangible fixed assets +€41,351
new in 2025: €41,351
of which Furniture and vehicles: +€30,065
- Profit (loss) carried forward -€103,394
new in 2025: -€103,394
- Debts after one year +€36,744
new in 2025: €36,744
- Other debts -€31,353
down €31,353 (-52.0%), from €60,252 to €28,899
- Current portion of long-term debt +€9,254
new in 2025: €9,254
- Accrued charges and deferred income +€6,638
up €6,638 (+873%), from €760 to €7,398
- Financial charges +€173,475
up €173,475 (+62,728%), from €277 to €173,752
- Gross operating margin -€31,135
down €31,135 (-29.8%), from €104,330 to €73,195
- Taxes -€30,964
down €30,964 (-98.9%), from €31,302 to €339
- Depreciation +€7,492
new in 2025: €7,492
- Other operating charges +€4,788
up €4,788 (+222%), from €2,156 to €6,944
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 | €249,682 | €165,002 | -€84,681 | -33.9% |
| Fixed assets | 21/28 | €9,500 | €50,851 | +€41,351 | +435% |
| Tangible fixed assets | 22/27 | - | €41,351 | +€41,351 | |
| Furniture and vehicles | 24 | - | €30,065 | +€30,065 | |
| Leasing and similar rights | 25 | - | €11,287 | +€11,287 | |
| Financial fixed assets | 28 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €240,182 | €114,150 | -€126,032 | -52.5% |
| Amounts receivable within one year | 40/41 | €239,900 | €112,945 | -€126,955 | -52.9% |
| Trade receivables | 40 | €26,655 | €12,695 | -€13,960 | -52.4% |
| Other amounts receivable | 41 | €213,245 | €100,250 | -€112,995 | -53.0% |
| Cash at bank and in hand | 54/58 | €94 | €18 | -€76 | -80.7% |
| Deferred charges and accrued income | 490/1 | €189 | €1,187 | +€998 | +529% |
| Total equity and liabilities | 10/49 | €249,682 | €165,002 | -€84,681 | -33.9% |
| Equity | 10/15 | €142,009 | €38,616 | -€103,394 | -72.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €141,009 | €141,009 | = | 0.0% |
| Distributable reserves | 133 | €141,009 | €141,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€103,394 | -€103,394 | |
| Amounts payable | 17/49 | €107,673 | €126,386 | +€18,713 | +17.4% |
| Amounts payable after more than one year | 17 | - | €36,744 | +€36,744 | |
| Financial debts | 170/4 | - | €36,744 | +€36,744 | |
| Amounts payable within one year | 42/48 | €106,913 | €82,245 | -€24,669 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | - | €9,254 | +€9,254 | |
| Trade debts | 44 | €792 | €1,416 | +€624 | +78.8% |
| Suppliers | 440/4 | €792 | €1,416 | +€624 | +78.8% |
| Taxes, remuneration and social security | 45 | €45,869 | €42,675 | -€3,194 | -7.0% |
| Taxes | 450/3 | €45,869 | €42,675 | -€3,194 | -7.0% |
| Other amounts payable | 47/48 | €60,252 | €28,899 | -€31,353 | -52.0% |
| Accrued charges and deferred income | 492/3 | €760 | €7,398 | +€6,638 | +873% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,492 | +€7,492 | |
| Other operating charges | 640/8 | €2,156 | €6,944 | +€4,788 | +222% |
| Gross operating margin | 9900 | €104,330 | €73,195 | -€31,135 | -29.8% |
| Operating profit (loss) | 9901 | €102,174 | €58,759 | -€43,414 | -42.5% |
| Financial income | 75/76B | €9,473 | €11,938 | +€2,464 | +26.0% |
| Recurring financial income | 75 | €9,473 | €11,938 | +€2,464 | +26.0% |
| Financial charges | 65/66B | €277 | €173,752 | +€173,475 | +62,728% |
| Recurring financial charges | 65 | €277 | €173,752 | +€173,475 | +62,728% |
| Profit (loss) for the period before taxes | 9903 | €111,370 | -€103,055 | -€214,425 | |
| Income taxes | 67/77 | €31,302 | €339 | -€30,964 | -98.9% |
| Profit (loss) for the period | 9904 | €80,068 | -€103,394 | -€183,461 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,068 | -€103,394 | -€183,461 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.