BURAGRI: 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.
BURAGRI
Largest movements
- Receivables within one year +€849,802
up €849,802 (+128.8%), from €659,777 to €1.5m
of which Trade receivables: +€957,821
- Tangible fixed assets -€711,110
down €711,110 (-49.3%), from €1.4m to €732,217
of which Furniture and vehicles: -€619,447
- Cash +€36,999
up €36,999 (+153.0%), from €24,190 to €61,189
mainly Investment in fixed assets (net) (+€551,215) and Short-term financial debts (+€340,000)
- Short-term financial debts +€340,000
new in 2025: €340,000
- Debts after one year -€257,354
down €257,354 (-24.7%), from €1.0m to €786,367
of which Financial debts: -€257,354
- Trade debts +€91,190
up €91,190 (+29.8%), from €305,585 to €396,775
- Current portion of long-term debt +€89,143
up €89,143 (+36.5%), from €244,211 to €333,354
- Profit (loss) carried forward -€80,788
down €80,788 (-94.4%), from €85,612 to €4,824
- Other operating charges +€65,491
up €65,491 (+3615.8%), from €1,811 to €67,303
- Gross operating margin -€14,839
down €14,839 (-8.3%), from €178,090 to €163,251
- Depreciation -€10,319
down €10,319 (-6.0%), from €170,814 to €160,495
- Financial charges +€2,601
up €2,601 (+19.7%), from €13,228 to €15,829
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 | €2,130,172 | €2,306,477 | +€176,305 | +8.3% |
| Fixed assets | 21/28 | €1,444,077 | €732,367 | -€711,710 | -49.3% |
| Tangible fixed assets | 22/27 | €1,443,327 | €732,217 | -€711,110 | -49.3% |
| Plant, machinery and equipment | 23 | €267,747 | €208,733 | -€59,014 | -22.0% |
| Furniture and vehicles | 24 | €1,037,910 | €418,463 | -€619,447 | -59.7% |
| Leasing and similar rights | 25 | €137,670 | €105,021 | -€32,649 | -23.7% |
| Financial fixed assets | 28 | €750 | €150 | -€600 | -80.0% |
| Current assets | 29/58 | €686,094 | €1,574,109 | +€888,015 | +129.4% |
| Amounts receivable within one year | 40/41 | €659,777 | €1,509,578 | +€849,802 | +128.8% |
| Trade receivables | 40 | €538,940 | €1,496,761 | +€957,821 | +177.7% |
| Other amounts receivable | 41 | €120,836 | €12,817 | -€108,019 | -89.4% |
| Cash at bank and in hand | 54/58 | €24,190 | €61,189 | +€36,999 | +153.0% |
| Deferred charges and accrued income | 490/1 | €2,128 | €3,342 | +€1,214 | +57.1% |
| Total equity and liabilities | 10/49 | €2,130,172 | €2,306,477 | +€176,305 | +8.3% |
| Equity | 10/15 | €507,672 | €422,664 | -€85,008 | -16.7% |
| Contributions | 10/11 | €23,600 | €23,600 | = | 0.0% |
| Reserves | 13 | €383,944 | €383,416 | -€528 | -0.1% |
| Tax-exempt reserves | 132 | €81,584 | €81,056 | -€528 | -0.6% |
| Distributable reserves | 133 | €302,360 | €302,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,612 | €4,824 | -€80,788 | -94.4% |
| Investment grants | 15 | €14,515 | €10,824 | -€3,691 | -25.4% |
| Provisions and deferred taxes | 16 | €816 | €544 | -€272 | -33.3% |
| Deferred taxes | 168 | €816 | €544 | -€272 | -33.3% |
| Amounts payable | 17/49 | €1,621,684 | €1,883,269 | +€261,585 | +16.1% |
| Amounts payable after more than one year | 17 | €1,043,722 | €786,367 | -€257,354 | -24.7% |
| Financial debts | 170/4 | €948,722 | €691,367 | -€257,354 | -27.1% |
| Other amounts payable | 178/9 | €95,000 | €95,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €554,823 | €1,073,762 | +€518,939 | +93.5% |
| Current portion of amounts payable after more than one year | 42 | €244,211 | €333,354 | +€89,143 | +36.5% |
| Financial debts | 43 | - | €340,000 | +€340,000 | |
| Credit institutions | 430/8 | - | €340,000 | +€340,000 | |
| Trade debts | 44 | €305,585 | €396,775 | +€91,190 | +29.8% |
| Suppliers | 440/4 | €305,585 | €396,775 | +€91,190 | +29.8% |
| Taxes, remuneration and social security | 45 | €143 | €29 | -€114 | -79.5% |
| Taxes | 450/3 | €143 | €29 | -€114 | -79.5% |
| Other amounts payable | 47/48 | €4,884 | €3,603 | -€1,280 | -26.2% |
| Accrued charges and deferred income | 492/3 | €23,140 | €23,140 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,814 | €160,495 | -€10,319 | -6.0% |
| Other operating charges | 640/8 | €1,811 | €67,303 | +€65,491 | +3615.8% |
| Non-recurring operating charges | 66A | - | €4,906 | +€4,906 | |
| Gross operating margin | 9900 | €178,090 | €163,251 | -€14,839 | -8.3% |
| Operating profit (loss) | 9901 | €5,465 | -€69,452 | -€74,917 | |
| Financial income | 75/76B | €3,691 | €3,693 | +€2 | 0.0% |
| Recurring financial income | 75 | €3,691 | €3,693 | +€2 | 0.0% |
| Financial charges | 65/66B | €13,228 | €15,829 | +€2,601 | +19.7% |
| Recurring financial charges | 65 | €13,228 | €15,829 | +€2,601 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,072 | -€81,588 | -€77,516 | -1903.7% |
| Transfer from deferred taxes | 780 | €272 | €272 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€3,800 | -€81,316 | -€77,516 | -2039.9% |
| Transfer from tax-exempt reserves | 789 | €528 | €528 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,272 | -€80,788 | -€77,516 | -2369.1% |
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 9 October 2026 via checked.be.