G. BUSI: 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.
G. BUSI
Largest movements
- Receivables within one year +€9,319
up €9,319 (+291.1%), from €3,201 to €12,520
of which Trade receivables: +€9,299
- Tangible fixed assets -€5,121
down €5,121 (-87.7%), from €5,837 to €716
- Cash -€2,238
down €2,238 (-16.8%), from €13,306 to €11,068
mainly Receivables within one year (-€9,319) and Current portion of long-term debt (-€3,999)
- Deferred charges and accrued income -€492
down €492 (-34.5%), from €1,426 to €934
- Reserves +€9,694
up €9,694 (+396.9%), from €2,442 to €12,137
- Current portion of long-term debt -€3,999
down €3,999 (-81.5%), from €4,905 to €906
- Tax, wage and social debts -€1,668
down €1,668 (-36.7%), from €4,547 to €2,879
- Debts after one year -€1,357
down €1,357 (-100.0%), from €1,357 to €0
- Trade debts -€826
down €826 (-43.7%), from €1,889 to €1,064
- Gross operating margin +€4,509
up €4,509 (+26.5%), from €16,990 to €21,499
- Taxes +€1,732
up €1,732 (+56.8%), from €3,047 to €4,779
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.
Cash bridge derived
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 | €24,014 | €25,267 | +€1,253 | +5.2% |
| Formation expenses | 20 | €244 | €29 | -€215 | -87.9% |
| Fixed assets | 21/28 | €5,837 | €716 | -€5,121 | -87.7% |
| Tangible fixed assets | 22/27 | €5,837 | €716 | -€5,121 | -87.7% |
| Leasing and similar rights | 25 | €5,837 | €716 | -€5,121 | -87.7% |
| Current assets | 29/58 | €17,933 | €24,522 | +€6,589 | +36.7% |
| Amounts receivable within one year | 40/41 | €3,201 | €12,520 | +€9,319 | +291.1% |
| Trade receivables | 40 | €2,741 | €12,040 | +€9,299 | +339.3% |
| Other amounts receivable | 41 | €460 | €480 | +€19 | +4.2% |
| Cash at bank and in hand | 54/58 | €13,306 | €11,068 | -€2,238 | -16.8% |
| Deferred charges and accrued income | 490/1 | €1,426 | €934 | -€492 | -34.5% |
| Total equity and liabilities | 10/49 | €24,014 | €25,267 | +€1,253 | +5.2% |
| Equity | 10/15 | €7,442 | €17,137 | +€9,694 | +130.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,442 | €12,137 | +€9,694 | +396.9% |
| Distributable reserves | 133 | €2,442 | €12,137 | +€9,694 | +396.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €16,571 | €8,131 | -€8,441 | -50.9% |
| Amounts payable after more than one year | 17 | €1,357 | €0 | -€1,357 | -100.0% |
| Financial debts | 170/4 | €1,357 | €0 | -€1,357 | -100.0% |
| Amounts payable within one year | 42/48 | €14,914 | €8,131 | -€6,784 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €4,905 | €906 | -€3,999 | -81.5% |
| Trade debts | 44 | €1,889 | €1,064 | -€826 | -43.7% |
| Suppliers | 440/4 | €1,889 | €1,064 | -€826 | -43.7% |
| Taxes, remuneration and social security | 45 | €4,547 | €2,879 | -€1,668 | -36.7% |
| Taxes | 450/3 | €4,547 | €2,879 | -€1,668 | -36.7% |
| Other amounts payable | 47/48 | €3,573 | €3,283 | -€291 | -8.1% |
| Accrued charges and deferred income | 492/3 | €300 | €0 | -€300 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,336 | €5,336 | = | 0.0% |
| Other operating charges | 640/8 | €1,411 | €1,395 | -€15 | -1.1% |
| Gross operating margin | 9900 | €16,990 | €21,499 | +€4,509 | +26.5% |
| Operating profit (loss) | 9901 | €10,244 | €14,768 | +€4,524 | +44.2% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €485 | €295 | -€190 | -39.2% |
| Recurring financial charges | 65 | €485 | €295 | -€190 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €9,762 | €14,473 | +€4,711 | +48.3% |
| Income taxes | 67/77 | €3,047 | €4,779 | +€1,732 | +56.8% |
| Profit (loss) for the period | 9904 | €6,715 | €9,694 | +€2,979 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,715 | €9,694 | +€2,979 | +44.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.