BUBE: 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.
BUBE
Largest movements
- Current investments +€500,000
up €500,000, from €0 to €500,000
- Cash -€499,847
down €499,847 (-98.1%), from €509,305 to €9,458
mainly Current investments (-€500,000) and Deferred charges and accrued income (-€5,680)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€11,245
down €11,245 (-53.4%), from €21,076 to €9,831
- Taxes -€2,976
down €2,976 (-86.7%), from €3,431 to €455
- Gross operating margin +€1,465
up €1,465 (+35.7%), from -€4,107 to -€2,642
- Financial charges +€1,022
up €1,022 (+999%), from €102 to €1,124
of which Financial charges: +€1,022
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,197,014 | €1,201,397 | +€4,383 | +0.4% |
| Fixed assets | 21/28 | €674,850 | €674,850 | = | 0.0% |
| Financial fixed assets | 28 | €674,850 | €674,850 | = | 0.0% |
| Current assets | 29/58 | €522,164 | €526,547 | +€4,383 | +0.8% |
| Amounts receivable within one year | 40/41 | €1,500 | €50 | -€1,450 | -96.7% |
| Other amounts receivable | 41 | €1,500 | €50 | -€1,450 | -96.7% |
| Current investments | 50/53 | €0 | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €509,305 | €9,458 | -€499,847 | -98.1% |
| Deferred charges and accrued income | 490/1 | €11,359 | €17,039 | +€5,680 | +50.0% |
| Total equity and liabilities | 10/49 | €1,197,014 | €1,201,397 | +€4,383 | +0.4% |
| Equity | 10/15 | €1,192,175 | €1,196,557 | +€4,383 | +0.4% |
| Contributions | 10/11 | €1,259,946 | €1,259,946 | = | 0.0% |
| Reserves | 13 | €203,495 | €203,495 | = | 0.0% |
| Distributable reserves | 133 | €203,495 | €203,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,266 | -€266,883 | +€4,383 | +1.6% |
| Amounts payable | 17/49 | €4,839 | €4,839 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,839 | €4,839 | = | 0.0% |
| Trade debts | 44 | €2,567 | €2,567 | = | 0.0% |
| Suppliers | 440/4 | €2,567 | €2,567 | = | 0.0% |
| Other amounts payable | 47/48 | €2,273 | €2,273 | = | 0.0% |
| Other operating charges | 640/8 | €1,194 | €1,226 | +€33 | +2.8% |
| Gross operating margin | 9900 | -€4,107 | -€2,642 | +€1,465 | +35.7% |
| Operating profit (loss) | 9901 | -€5,300 | -€3,868 | +€1,432 | +27.0% |
| Financial income | 75/76B | €21,076 | €9,831 | -€11,245 | -53.4% |
| Recurring financial income | 75 | €21,076 | €9,831 | -€11,245 | -53.4% |
| Financial charges | 65/66B | €102 | €1,124 | +€1,022 | +999% |
| Recurring financial charges | 65 | €102 | €1,124 | +€1,022 | +999% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €15,673 | €4,838 | -€10,835 | -69.1% |
| Income taxes | 67/77 | €3,431 | €455 | -€2,976 | -86.7% |
| Profit (loss) for the period | 9904 | €12,242 | €4,383 | -€7,860 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,242 | €4,383 | -€7,860 | -64.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.