VAN BUGGENHOUT PATRICK: 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.
VAN BUGGENHOUT PATRICK
Largest movements
- Receivables within one year +€27,578
up €27,578 (+142%), from €19,386 to €46,965
of which Other amounts receivable: +€18,591
- Deferred charges and accrued income -€21,472
down €21,472 (-98.1%), from €21,893 to €422
- Cash +€9,456
up €9,456 (+139%), from €6,807 to €16,263
mainly Deferred charges and accrued income (+€21,472) and Other debts (+€17,531)
- Tangible fixed assets -€982
down €982 (-24.3%), from €4,036 to €3,054
of which Furniture and vehicles: -€816
- Other debts +€17,531
up €17,531 (+3,169%), from €553 to €18,085
- Reserves -€11,428
down €11,428 (-54.7%), from €20,879 to €9,450
- Tax, wage and social debts +€8,760
up €8,760 (+89.5%), from €9,791 to €18,550
- Other operating charges -€3,770
down €3,770 (-30.5%), from €12,342 to €8,572
- Taxes +€1,887
up €1,887 (+46.7%), from €4,037 to €5,924
- Gross operating margin -€943
down €943 (-3.7%), from €25,568 to €24,625
- Financial charges -€424
down €424 (-14.5%), from €2,916 to €2,492
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 | €52,461 | €67,043 | +€14,581 | +27.8% |
| Fixed assets | 21/28 | €4,374 | €3,393 | -€982 | -22.4% |
| Tangible fixed assets | 22/27 | €4,036 | €3,054 | -€982 | -24.3% |
| Land and buildings | 22 | €1,895 | €1,829 | -€66 | -3.5% |
| Plant, machinery and equipment | 23 | €552 | €453 | -€99 | -17.9% |
| Furniture and vehicles | 24 | €1,588 | €772 | -€816 | -51.4% |
| Financial fixed assets | 28 | €339 | €339 | = | 0.0% |
| Current assets | 29/58 | €48,087 | €63,650 | +€15,563 | +32.4% |
| Amounts receivable within one year | 40/41 | €19,386 | €46,965 | +€27,578 | +142% |
| Trade receivables | 40 | €19,005 | €27,992 | +€8,987 | +47.3% |
| Other amounts receivable | 41 | €381 | €18,973 | +€18,591 | +4,875% |
| Cash at bank and in hand | 54/58 | €6,807 | €16,263 | +€9,456 | +139% |
| Deferred charges and accrued income | 490/1 | €21,893 | €422 | -€21,472 | -98.1% |
| Total equity and liabilities | 10/49 | €52,461 | €67,043 | +€14,581 | +27.8% |
| Equity | 10/15 | €39,479 | €28,050 | -€11,428 | -28.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,879 | €9,450 | -€11,428 | -54.7% |
| Distributable reserves | 133 | €20,879 | €9,450 | -€11,428 | -54.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,982 | €38,992 | +€26,010 | +200% |
| Amounts payable within one year | 42/48 | €12,982 | €38,992 | +€26,010 | +200% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,638 | €2,357 | -€281 | -10.7% |
| Suppliers | 440/4 | €2,638 | €2,357 | -€281 | -10.7% |
| Taxes, remuneration and social security | 45 | €9,791 | €18,550 | +€8,760 | +89.5% |
| Taxes | 450/3 | €9,791 | €18,550 | +€8,760 | +89.5% |
| Other amounts payable | 47/48 | €553 | €18,085 | +€17,531 | +3,169% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,058 | €982 | -€77 | -7.3% |
| Other operating charges | 640/8 | €12,342 | €8,572 | -€3,770 | -30.5% |
| Gross operating margin | 9900 | €25,568 | €24,625 | -€943 | -3.7% |
| Operating profit (loss) | 9901 | €12,168 | €15,072 | +€2,904 | +23.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,916 | €2,492 | -€424 | -14.5% |
| Recurring financial charges | 65 | €2,916 | €2,492 | -€424 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €9,252 | €12,580 | +€3,328 | +36.0% |
| Income taxes | 67/77 | €4,037 | €5,924 | +€1,887 | +46.7% |
| Profit (loss) for the period | 9904 | €5,215 | €6,656 | +€1,441 | +27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,215 | €6,656 | +€1,441 | +27.6% |
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 14 October 2026 via checked.be.