BURADEL: 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.
BURADEL
Largest movements
- Cash +€16,160
up €16,160 (+107.5%), from €15,037 to €31,197
mainly Net result for the year (+€23,186) and Other debts (+€21,500)
- Intangible fixed assets -€7,500
down €7,500 (-33.3%), from €22,500 to €15,000
- Receivables within one year +€6,691
up €6,691 (+6.8%), from €98,077 to €104,768
of which Trade receivables: +€3,407
- Receivables after one year -€5,889
down €5,889 (-15.7%), from €37,598 to €31,709
- Other debts +€21,500
new in 2022: €21,500
- Tax, wage and social debts +€16,564
up €16,564 (+253.4%), from €6,537 to €23,101
of which Remuneration and social security: +€13,106
- Debts after one year -€14,782
down €14,782 (-15.0%), from €98,638 to €83,856
- Trade debts -€10,513
down €10,513 (-61.7%), from €17,034 to €6,521
- Current portion of long-term debt -€7,792
down €7,792 (-34.5%), from €22,574 to €14,782
- Staff costs +€64,914
up €64,914 (+142.9%), from €45,435 to €110,349
- Gross operating margin +€25,519
up €25,519 (+18.4%), from €138,492 to €164,011
- Taxes -€6,034
down €6,034 (-35.5%), from €17,004 to €10,970
- Depreciation +€2,830
up €2,830 (+26.0%), from €10,900 to €13,730
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,351 | €266,085 | +€6,735 | +2.6% |
| Fixed assets | 21/28 | €107,768 | €97,964 | -€9,805 | -9.1% |
| Intangible fixed assets | 21 | €22,500 | €15,000 | -€7,500 | -33.3% |
| Tangible fixed assets | 22/27 | €85,091 | €82,786 | -€2,305 | -2.7% |
| Land and buildings | 22 | €76,658 | €74,384 | -€2,274 | -3.0% |
| Furniture and vehicles | 24 | €8,433 | €8,403 | -€30 | -0.4% |
| Financial fixed assets | 28 | €177 | €177 | = | 0.0% |
| Current assets | 29/58 | €151,583 | €168,122 | +€16,539 | +10.9% |
| Amounts receivable after more than one year | 29 | €37,598 | €31,709 | -€5,889 | -15.7% |
| Other amounts receivable | 291 | €37,598 | €31,709 | -€5,889 | -15.7% |
| Amounts receivable within one year | 40/41 | €98,077 | €104,768 | +€6,691 | +6.8% |
| Trade receivables | 40 | €27,521 | €30,928 | +€3,407 | +12.4% |
| Other amounts receivable | 41 | €70,555 | €73,840 | +€3,284 | +4.7% |
| Cash at bank and in hand | 54/58 | €15,037 | €31,197 | +€16,160 | +107.5% |
| Deferred charges and accrued income | 490/1 | €871 | €448 | -€423 | -48.6% |
| Total equity and liabilities | 10/49 | €259,351 | €266,085 | +€6,735 | +2.6% |
| Equity | 10/15 | €102,491 | €104,178 | +€1,686 | +1.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,491 | €71,178 | +€1,686 | +2.4% |
| Amounts payable | 17/49 | €156,859 | €161,908 | +€5,048 | +3.2% |
| Amounts payable after more than one year | 17 | €98,638 | €83,856 | -€14,782 | -15.0% |
| Financial debts | 170/4 | €98,638 | €83,856 | -€14,782 | -15.0% |
| Amounts payable within one year | 42/48 | €56,165 | €76,915 | +€20,750 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €22,574 | €14,782 | -€7,792 | -34.5% |
| Financial debts | 43 | €10,019 | €11,011 | +€992 | +9.9% |
| Credit institutions | 430/8 | €10,019 | €11,011 | +€992 | +9.9% |
| Trade debts | 44 | €17,034 | €6,521 | -€10,513 | -61.7% |
| Suppliers | 440/4 | €17,034 | €6,521 | -€10,513 | -61.7% |
| Taxes, remuneration and social security | 45 | €6,537 | €23,101 | +€16,564 | +253.4% |
| Taxes | 450/3 | €858 | €4,316 | +€3,458 | +402.9% |
| Remuneration and social security | 454/9 | €5,679 | €18,785 | +€13,106 | +230.8% |
| Other amounts payable | 47/48 | - | €21,500 | +€21,500 | |
| Accrued charges and deferred income | 492/3 | €2,057 | €1,137 | -€920 | -44.7% |
| Remuneration, social security and pensions | 62 | €45,435 | €110,349 | +€64,914 | +142.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,900 | €13,730 | +€2,830 | +26.0% |
| Other operating charges | 640/8 | €4,015 | €3,163 | -€852 | -21.2% |
| Gross operating margin | 9900 | €138,492 | €164,011 | +€25,519 | +18.4% |
| Operating profit (loss) | 9901 | €78,142 | €36,768 | -€41,374 | -52.9% |
| Financial income | 75/76B | €2,033 | €1,269 | -€764 | -37.6% |
| Recurring financial income | 75 | €2,033 | €1,269 | -€764 | -37.6% |
| Financial charges | 65/66B | €4,591 | €3,882 | -€709 | -15.5% |
| Recurring financial charges | 65 | €4,591 | €3,882 | -€709 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €75,584 | €34,156 | -€41,428 | -54.8% |
| Income taxes | 67/77 | €17,004 | €10,970 | -€6,034 | -35.5% |
| Profit (loss) for the period | 9904 | €58,581 | €23,186 | -€35,394 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €58,581 | €23,186 | -€35,394 | -60.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.