e-BUG CONSULT: 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.
e-BUG CONSULT
Largest movements
- Cash -€50,482
down €50,482 (-49.8%), from €101,384 to €50,902
mainly Debts after one year (-€46,788) and Investment in fixed assets (net) (-€18,254)
- Stocks and contracts +€9,693
up €9,693 (+54.0%), from €17,966 to €27,659
- Receivables within one year +€8,355
up €8,355 (+6.8%), from €123,652 to €132,007
- Debts after one year -€46,788
down €46,788 (-11.1%), from €420,448 to €373,660
- Current portion of long-term debt +€18,032
up €18,032 (+323%), from €5,587 to €23,618
- Profit (loss) carried forward -€16,533
down €16,533 (-37.7%), from €43,873 to €27,340
- Trade debts +€9,456
up €9,456 (+32.1%), from €29,416 to €38,872
- Gross operating margin -€41,436
down €41,436 (-25.2%), from €164,557 to €123,121
- Staff costs +€16,492
up €16,492 (+20.9%), from €79,090 to €95,582
- Other operating charges -€7,831
down €7,831 (-81.6%), from €9,595 to €1,764
- Taxes -€6,960
down €6,960, from €5,601 to -€1,359
- Depreciation +€5,878
up €5,878 (+29.7%), from €19,783 to €25,661
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 | €680,099 | €638,997 | -€41,102 | -6.0% |
| Fixed assets | 21/28 | €431,733 | €424,325 | -€7,408 | -1.7% |
| Intangible fixed assets | 21 | €5,345 | €1,228 | -€4,118 | -77.0% |
| Tangible fixed assets | 22/27 | €426,310 | €423,020 | -€3,290 | -0.8% |
| Land and buildings | 22 | €404,605 | €403,816 | -€790 | -0.2% |
| Plant, machinery and equipment | 23 | €1,998 | €1,499 | -€500 | -25.0% |
| Furniture and vehicles | 24 | €19,707 | €17,706 | -€2,000 | -10.2% |
| Financial fixed assets | 28 | €77 | €77 | = | 0.0% |
| Current assets | 29/58 | €248,366 | €214,672 | -€33,694 | -13.6% |
| Stocks and contracts in progress | 3 | €17,966 | €27,659 | +€9,693 | +54.0% |
| Stocks | 30/36 | €17,966 | €27,659 | +€9,693 | +54.0% |
| Amounts receivable within one year | 40/41 | €123,652 | €132,007 | +€8,355 | +6.8% |
| Trade receivables | 40 | €123,652 | €132,007 | +€8,355 | +6.8% |
| Cash at bank and in hand | 54/58 | €101,384 | €50,902 | -€50,482 | -49.8% |
| Deferred charges and accrued income | 490/1 | €5,364 | €4,104 | -€1,260 | -23.5% |
| Total equity and liabilities | 10/49 | €680,099 | €638,997 | -€41,102 | -6.0% |
| Equity | 10/15 | €168,017 | €151,484 | -€16,533 | -9.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €103,684 | €103,684 | = | 0.0% |
| Distributable reserves | 133 | €103,684 | €103,684 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,873 | €27,340 | -€16,533 | -37.7% |
| Amounts payable | 17/49 | €512,081 | €487,512 | -€24,569 | -4.8% |
| Amounts payable after more than one year | 17 | €420,448 | €373,660 | -€46,788 | -11.1% |
| Financial debts | 170/4 | €420,448 | €373,660 | -€46,788 | -11.1% |
| Amounts payable within one year | 42/48 | €91,634 | €113,853 | +€22,219 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €5,587 | €23,618 | +€18,032 | +323% |
| Trade debts | 44 | €29,416 | €38,872 | +€9,456 | +32.1% |
| Suppliers | 440/4 | €29,416 | €38,872 | +€9,456 | +32.1% |
| Taxes, remuneration and social security | 45 | €42,299 | €42,770 | +€471 | +1.1% |
| Taxes | 450/3 | €32,624 | €33,046 | +€422 | +1.3% |
| Remuneration and social security | 454/9 | €9,675 | €9,723 | +€48 | +0.5% |
| Other amounts payable | 47/48 | €14,332 | €8,593 | -€5,739 | -40.0% |
| Non-recurring operating income | 76A | - | €3,696 | +€3,696 | |
| Remuneration, social security and pensions | 62 | €79,090 | €95,582 | +€16,492 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,783 | €25,661 | +€5,878 | +29.7% |
| Other operating charges | 640/8 | €9,595 | €1,764 | -€7,831 | -81.6% |
| Non-recurring operating charges | 66A | - | €7 | +€7 | |
| Gross operating margin | 9900 | €164,557 | €123,121 | -€41,436 | -25.2% |
| Operating profit (loss) | 9901 | €56,089 | €107 | -€55,982 | -99.8% |
| Financial income | 75/76B | €768 | €28 | -€740 | -96.3% |
| Recurring financial income | 75 | €768 | €28 | -€740 | -96.3% |
| Financial charges | 65/66B | €20,367 | €18,027 | -€2,340 | -11.5% |
| Recurring financial charges | 65 | €20,367 | €18,027 | -€2,340 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €36,490 | -€17,892 | -€54,382 | |
| Income taxes | 67/77 | €5,601 | -€1,359 | -€6,960 | |
| Profit (loss) for the period | 9904 | €30,889 | -€16,533 | -€47,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,889 | -€16,533 | -€47,422 |
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 21 October 2026 via checked.be.