BUGGEN: 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.
BUGGEN
Largest movements
- Tangible fixed assets +€3,468
up €3,468 (+12.5%), from €27,766 to €31,234
of which Furniture and vehicles: +€5,323
- Deferred charges and accrued income +€943
up €943 (+884%), from €107 to €1,050
- Receivables within one year +€739
up €739 (+50.2%), from €1,474 to €2,213
of which Trade receivables: +€2,144
- Other debts +€4,746
up €4,746 (+69.5%), from €6,830 to €11,576
- Profit (loss) carried forward -€4,352
down €4,352 (-15.2%), from -€28,626 to -€32,978
- Trade debts +€4,111
up €4,111 (+316%), from €1,301 to €5,412
- Tax, wage and social debts +€653
up €653 (+204%), from €320 to €972
- Gross operating margin -€8,475
down €8,475 (-72.5%), from €11,683 to €3,207
- Depreciation -€7,740
down €7,740 (-55.1%), from €14,037 to €6,298
- Other operating charges -€751
down €751 (-50.2%), from €1,495 to €745
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 | €29,556 | €34,713 | +€5,157 | +17.4% |
| Fixed assets | 21/28 | €27,931 | €31,399 | +€3,468 | +12.4% |
| Tangible fixed assets | 22/27 | €27,766 | €31,234 | +€3,468 | +12.5% |
| Plant, machinery and equipment | 23 | €6,086 | €6,163 | +€77 | +1.3% |
| Furniture and vehicles | 24 | €1,992 | €7,316 | +€5,323 | +267% |
| Other tangible fixed assets | 26 | €19,688 | €17,756 | -€1,932 | -9.8% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €1,625 | €3,314 | +€1,689 | +104% |
| Amounts receivable within one year | 40/41 | €1,474 | €2,213 | +€739 | +50.2% |
| Trade receivables | 40 | €0 | €2,144 | +€2,144 | |
| Other amounts receivable | 41 | €1,474 | €69 | -€1,405 | -95.3% |
| Cash at bank and in hand | 54/58 | €44 | €51 | +€7 | +15.0% |
| Deferred charges and accrued income | 490/1 | €107 | €1,050 | +€943 | +884% |
| Total equity and liabilities | 10/49 | €29,556 | €34,713 | +€5,157 | +17.4% |
| Equity | 10/15 | €21,106 | €16,753 | -€4,352 | -20.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €24,732 | €24,732 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €22,232 | €22,232 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,626 | -€32,978 | -€4,352 | -15.2% |
| Amounts payable | 17/49 | €8,450 | €17,960 | +€9,510 | +113% |
| Amounts payable within one year | 42/48 | €8,450 | €17,960 | +€9,510 | +113% |
| Trade debts | 44 | €1,301 | €5,412 | +€4,111 | +316% |
| Suppliers | 440/4 | €1,301 | €5,412 | +€4,111 | +316% |
| Taxes, remuneration and social security | 45 | €320 | €972 | +€653 | +204% |
| Taxes | 450/3 | €320 | €972 | +€653 | +204% |
| Other amounts payable | 47/48 | €6,830 | €11,576 | +€4,746 | +69.5% |
| Non-recurring operating income | 76A | €20,343 | €0 | -€20,343 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,037 | €6,298 | -€7,740 | -55.1% |
| Other operating charges | 640/8 | €1,495 | €745 | -€751 | -50.2% |
| Gross operating margin | 9900 | €11,683 | €3,207 | -€8,475 | -72.5% |
| Operating profit (loss) | 9901 | -€3,850 | -€3,835 | +€15 | +0.4% |
| Financial income | 75/76B | €1 | €3 | +€2 | +131% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +131% |
| Financial charges | 65/66B | €108 | €207 | +€99 | +91.7% |
| Recurring financial charges | 65 | €108 | €207 | +€99 | +91.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,957 | -€4,039 | -€83 | -2.1% |
| Income taxes | 67/77 | €320 | €313 | -€7 | -2.1% |
| Profit (loss) for the period | 9904 | -€4,276 | -€4,352 | -€76 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,276 | -€4,352 | -€76 | -1.8% |
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 23 October 2026 via checked.be.