BURACO: 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.
BURACO
Largest movements
- Tangible fixed assets -€34,566
down €34,566 (-8.1%), from €425,474 to €390,908
- Receivables within one year -€22,500
down €22,500 (-37.5%), from €60,012 to €37,511
of which Other amounts receivable: -€37,639
- Cash +€8,881
up €8,881 (+3763.7%), from €236 to €9,116
mainly Depreciation (+€34,566) and Receivables within one year (+€22,500)
- Debts after one year -€30,000
down €30,000 (-9.3%), from €322,500 to €292,500
- Trade debts -€28,278
down €28,278 (-24.4%), from €116,043 to €87,765
- Profit (loss) carried forward +€7,067
up €7,067 (+0.4%), from -€1.6m to -€1.6m
- Gross operating margin +€32,743
up €32,743 (+121.0%), from €27,066 to €59,810
- Other operating charges +€982
up €982 (+11.6%), from €8,496 to €9,478
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 | €491,875 | €439,637 | -€52,238 | -10.6% |
| Fixed assets | 21/28 | €425,474 | €390,908 | -€34,566 | -8.1% |
| Tangible fixed assets | 22/27 | €425,474 | €390,908 | -€34,566 | -8.1% |
| Land and buildings | 22 | €270,987 | €254,144 | -€16,843 | -6.2% |
| Plant, machinery and equipment | 23 | €2,122 | €1,591 | -€530 | -25.0% |
| Furniture and vehicles | 24 | €693 | €439 | -€255 | -36.7% |
| Other tangible fixed assets | 26 | €151,672 | €134,734 | -€16,938 | -11.2% |
| Current assets | 29/58 | €66,401 | €48,729 | -€17,672 | -26.6% |
| Amounts receivable within one year | 40/41 | €60,012 | €37,511 | -€22,500 | -37.5% |
| Trade receivables | 40 | €22,361 | €37,500 | +€15,139 | +67.7% |
| Other amounts receivable | 41 | €37,650 | €11 | -€37,639 | -100.0% |
| Cash at bank and in hand | 54/58 | €236 | €9,116 | +€8,881 | +3763.7% |
| Deferred charges and accrued income | 490/1 | €6,153 | €2,101 | -€4,052 | -65.9% |
| Total equity and liabilities | 10/49 | €491,875 | €439,637 | -€52,238 | -10.6% |
| Equity | 10/15 | €5,066 | €12,134 | +€7,067 | +139.5% |
| Contributions | 10/11 | €1,620,000 | €1,620,000 | = | 0.0% |
| Capital | 10 | €1,620,000 | €1,620,000 | = | 0.0% |
| Issued capital | 100 | €1,620,000 | €1,620,000 | = | 0.0% |
| Reserves | 13 | €33,550 | €33,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,550 | €33,550 | = | 0.0% |
| Legal reserve | 130 | €33,550 | €33,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,648,483 | -€1,641,416 | +€7,067 | +0.4% |
| Amounts payable | 17/49 | €486,809 | €427,504 | -€59,305 | -12.2% |
| Amounts payable after more than one year | 17 | €322,500 | €292,500 | -€30,000 | -9.3% |
| Financial debts | 170/4 | €322,500 | €292,500 | -€30,000 | -9.3% |
| Amounts payable within one year | 42/48 | €164,309 | €135,004 | -€29,305 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €116,043 | €87,765 | -€28,278 | -24.4% |
| Suppliers | 440/4 | €116,043 | €87,765 | -€28,278 | -24.4% |
| Taxes, remuneration and social security | 45 | €9,716 | €5,293 | -€4,423 | -45.5% |
| Taxes | 450/3 | €9,716 | €5,293 | -€4,423 | -45.5% |
| Other amounts payable | 47/48 | €8,550 | €11,946 | +€3,396 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,118 | €34,566 | -€552 | -1.6% |
| Other operating charges | 640/8 | €8,496 | €9,478 | +€982 | +11.6% |
| Gross operating margin | 9900 | €27,066 | €59,810 | +€32,743 | +121.0% |
| Operating profit (loss) | 9901 | -€16,548 | €15,766 | +€32,314 | |
| Financial charges | 65/66B | €7,346 | €7,197 | -€149 | -2.0% |
| Recurring financial charges | 65 | €7,346 | €7,197 | -€149 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,894 | €8,569 | +€32,463 | |
| Income taxes | 67/77 | €1,534 | €1,502 | -€32 | -2.1% |
| Profit (loss) for the period | 9904 | -€25,428 | €7,067 | +€32,495 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,428 | €7,067 | +€32,495 |
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 11 October 2026 via checked.be.