BURAC: what changed
Two fiscal 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.
BURAC
Largest movements
- Tangible fixed assets -€19,376
down €19,376 (-39.1%), from €49,603 to €30,227
- Cash +€6,867
up €6,867 (+5.3%), from €129,272 to €136,140
mainly Net result for the year (+€28,488) and Depreciation (+€19,376)
- Other debts -€36,619
down €36,619 (-39.7%), from €92,332 to €55,713
- Profit (loss) carried forward +€28,488
up €28,488 (+43.4%), from €65,684 to €94,173
- Tax, wage and social debts -€4,883
down €4,883 (-95.4%), from €5,118 to €235
- Taxes -€7,500
down €7,500 (-37.5%), from €20,000 to €12,500
- Gross operating margin +€1,376
up €1,376 (+2.3%), from €59,797 to €61,173
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €186,014 | €174,457 | -€11,557 | -6.2% |
| Fixed assets | 21/28 | €49,603 | €30,227 | -€19,376 | -39.1% |
| Tangible fixed assets | 22/27 | €49,603 | €30,227 | -€19,376 | -39.1% |
| Furniture and vehicles | 24 | €49,603 | €30,227 | -€19,376 | -39.1% |
| Current assets | 29/58 | €136,411 | €144,231 | +€7,819 | +5.7% |
| Amounts receivable within one year | 40/41 | €7,139 | €8,091 | +€952 | +13.3% |
| Trade receivables | 40 | €7,139 | €8,091 | +€952 | +13.3% |
| Cash at bank and in hand | 54/58 | €129,272 | €136,140 | +€6,867 | +5.3% |
| Total equity and liabilities | 10/49 | €186,014 | €174,457 | -€11,557 | -6.2% |
| Equity | 10/15 | €87,684 | €116,173 | +€28,488 | +32.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,684 | €94,173 | +€28,488 | +43.4% |
| Amounts payable | 17/49 | €98,330 | €58,285 | -€40,046 | -40.7% |
| Amounts payable within one year | 42/48 | €98,330 | €58,285 | -€40,046 | -40.7% |
| Trade debts | 44 | €880 | €2,336 | +€1,456 | +165.5% |
| Suppliers | 440/4 | €880 | €2,336 | +€1,456 | +165.5% |
| Taxes, remuneration and social security | 45 | €5,118 | €235 | -€4,883 | -95.4% |
| Taxes | 450/3 | €5,118 | €235 | -€4,883 | -95.4% |
| Other amounts payable | 47/48 | €92,332 | €55,713 | -€36,619 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,901 | €19,376 | +€475 | +2.5% |
| Other operating charges | 640/8 | €666 | €678 | +€12 | +1.8% |
| Gross operating margin | 9900 | €59,797 | €61,173 | +€1,376 | +2.3% |
| Operating profit (loss) | 9901 | €40,230 | €41,119 | +€889 | +2.2% |
| Financial charges | 65/66B | €95 | €130 | +€35 | +37.0% |
| Recurring financial charges | 65 | €95 | €130 | +€35 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €40,135 | €40,988 | +€854 | +2.1% |
| Income taxes | 67/77 | €20,000 | €12,500 | -€7,500 | -37.5% |
| Profit (loss) for the period | 9904 | €20,135 | €28,488 | +€8,354 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,135 | €28,488 | +€8,354 | +41.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.