WOUTER BAMBUST: 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.
WOUTER BAMBUST
Largest movements
- Receivables after one year -€120,000
no longer reported in 2025 (was €120,000)
- Receivables within one year +€66,416
up €66,416 (+8580.9%), from €774 to €67,190
of which Other amounts receivable: +€63,586
- Other debts -€32,343
no longer reported in 2025 (was €32,343)
- Reserves -€31,087
down €31,087 (-47.6%), from €65,252 to €34,165
of which Distributable reserves: -€31,087
- Tax, wage and social debts +€7,353
up €7,353 (+217.8%), from €3,376 to €10,729
- Trade debts -€4,159
down €4,159 (-55.8%), from €7,452 to €3,293
- Short-term financial debts +€3,473
new in 2025: €3,473
- Depreciation -€31,056
down €31,056 (-96.5%), from €32,173 to €1,117
- Gross operating margin -€21,823
down €21,823 (-55.5%), from €39,344 to €17,521
- Taxes +€2,774
up €2,774 (+119.0%), from €2,331 to €5,105
- Financial income +€1,279
up €1,279 (+37.7%), from €3,396 to €4,675
- Financial charges +€398
up €398 (+14.6%), from €2,721 to €3,119
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 | €127,023 | €70,260 | -€56,763 | -44.7% |
| Formation expenses | 20 | €957 | €718 | -€239 | -25.0% |
| Fixed assets | 21/28 | €2,526 | €1,665 | -€861 | -34.1% |
| Tangible fixed assets | 22/27 | €2,526 | €1,665 | -€861 | -34.1% |
| Plant, machinery and equipment | 23 | €986 | €461 | -€525 | -53.2% |
| Furniture and vehicles | 24 | €1,540 | €1,204 | -€336 | -21.8% |
| Current assets | 29/58 | €123,540 | €67,877 | -€55,663 | -45.1% |
| Amounts receivable after more than one year | 29 | €120,000 | - | -€120,000 | |
| Trade receivables | 290 | €120,000 | - | -€120,000 | |
| Amounts receivable within one year | 40/41 | €774 | €67,190 | +€66,416 | +8580.9% |
| Trade receivables | 40 | - | €2,830 | +€2,830 | |
| Other amounts receivable | 41 | €774 | €64,360 | +€63,586 | +8215.2% |
| Cash at bank and in hand | 54/58 | €1,203 | €6 | -€1,197 | -99.5% |
| Deferred charges and accrued income | 490/1 | €1,563 | €681 | -€882 | -56.4% |
| Total equity and liabilities | 10/49 | €127,023 | €70,260 | -€56,763 | -44.7% |
| Equity | 10/15 | €83,852 | €52,765 | -€31,087 | -37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,252 | €34,165 | -€31,087 | -47.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,392 | €32,305 | -€31,087 | -49.0% |
| Amounts payable | 17/49 | €43,171 | €17,495 | -€25,676 | -59.5% |
| Amounts payable within one year | 42/48 | €43,171 | €17,495 | -€25,676 | -59.5% |
| Financial debts | 43 | - | €3,473 | +€3,473 | |
| Credit institutions | 430/8 | - | €3,473 | +€3,473 | |
| Trade debts | 44 | €7,452 | €3,293 | -€4,159 | -55.8% |
| Suppliers | 440/4 | €7,452 | €3,293 | -€4,159 | -55.8% |
| Taxes, remuneration and social security | 45 | €3,376 | €10,729 | +€7,353 | +217.8% |
| Taxes | 450/3 | €3,376 | €10,729 | +€7,353 | +217.8% |
| Other amounts payable | 47/48 | €32,343 | - | -€32,343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,173 | €1,117 | -€31,056 | -96.5% |
| Other operating charges | 640/8 | €637 | €831 | +€194 | +30.5% |
| Gross operating margin | 9900 | €39,344 | €17,521 | -€21,823 | -55.5% |
| Operating profit (loss) | 9901 | €6,534 | €15,573 | +€9,039 | +138.3% |
| Financial income | 75/76B | €3,396 | €4,675 | +€1,279 | +37.7% |
| Recurring financial income | 75 | €3,396 | €4,675 | +€1,279 | +37.7% |
| Financial charges | 65/66B | €2,721 | €3,119 | +€398 | +14.6% |
| Recurring financial charges | 65 | €2,721 | €3,119 | +€398 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €7,209 | €17,129 | +€9,920 | +137.6% |
| Income taxes | 67/77 | €2,331 | €5,105 | +€2,774 | +119.0% |
| Profit (loss) for the period | 9904 | €4,878 | €12,024 | +€7,146 | +146.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,878 | €12,024 | +€7,146 | +146.5% |
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 12 October 2026 via checked.be.