BURAK: 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.
BURAK
Largest movements
- Stocks and contracts -€5,535
down €5,535 (-23.6%), from €23,458 to €17,922
- Deferred charges and accrued income +€2,341
up €2,341 (+845.5%), from €277 to €2,618
- Cash +€1,406
up €1,406 (+23.4%), from €6,013 to €7,419
mainly Stocks and contracts (+€5,535) and Other debts (+€2,928)
- Profit (loss) carried forward -€4,764
down €4,764 (-16.8%), from -€28,317 to -€33,081
- Other debts +€2,928
up €2,928 (+13.1%), from €22,282 to €25,210
- Tax, wage and social debts -€2,422
down €2,422 (-27.5%), from €8,813 to €6,391
of which Remuneration and social security: -€1,893
- Accrued charges and deferred income +€1,500
new in 2025: €1,500
- Trade debts +€819
up €819 (+8.0%), from €10,230 to €11,049
- Gross operating margin +€1,778
up €1,778 (+8.4%), from €21,062 to €22,841
- Staff costs +€910
up €910 (+3.8%), from €23,642 to €24,552
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 | €33,468 | €31,529 | -€1,939 | -5.8% |
| Fixed assets | 21/28 | €532 | €225 | -€307 | -57.7% |
| Tangible fixed assets | 22/27 | €482 | €175 | -€307 | -63.7% |
| Land and buildings | 22 | €482 | €175 | -€307 | -63.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €32,937 | €31,304 | -€1,633 | -5.0% |
| Stocks and contracts in progress | 3 | €23,458 | €17,922 | -€5,535 | -23.6% |
| Stocks | 30/36 | €23,458 | €17,922 | -€5,535 | -23.6% |
| Amounts receivable within one year | 40/41 | €3,188 | €3,344 | +€155 | +4.9% |
| Trade receivables | 40 | €146 | €146 | = | 0.0% |
| Other amounts receivable | 41 | €3,043 | €3,198 | +€155 | +5.1% |
| Current investments | 50/53 | €0 | €0 | -€0 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,013 | €7,419 | +€1,406 | +23.4% |
| Deferred charges and accrued income | 490/1 | €277 | €2,618 | +€2,341 | +845.5% |
| Total equity and liabilities | 10/49 | €33,468 | €31,529 | -€1,939 | -5.8% |
| Equity | 10/15 | -€7,857 | -€12,621 | -€4,764 | -60.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,317 | -€33,081 | -€4,764 | -16.8% |
| Amounts payable | 17/49 | €41,325 | €44,150 | +€2,825 | +6.8% |
| Amounts payable within one year | 42/48 | €41,325 | €42,650 | +€1,325 | +3.2% |
| Trade debts | 44 | €10,230 | €11,049 | +€819 | +8.0% |
| Suppliers | 440/4 | €10,230 | €11,049 | +€819 | +8.0% |
| Taxes, remuneration and social security | 45 | €8,813 | €6,391 | -€2,422 | -27.5% |
| Taxes | 450/3 | €1,520 | €991 | -€529 | -34.8% |
| Remuneration and social security | 454/9 | €7,293 | €5,400 | -€1,893 | -26.0% |
| Other amounts payable | 47/48 | €22,282 | €25,210 | +€2,928 | +13.1% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €23,642 | €24,552 | +€910 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €307 | -€54 | -15.0% |
| Other operating charges | 640/8 | €1,645 | €1,665 | +€20 | +1.2% |
| Gross operating margin | 9900 | €21,062 | €22,841 | +€1,778 | +8.4% |
| Operating profit (loss) | 9901 | -€4,586 | -€3,683 | +€902 | +19.7% |
| Financial income | 75/76B | €38 | €4 | -€34 | -89.0% |
| Recurring financial income | 75 | €38 | €4 | -€34 | -89.0% |
| Financial charges | 65/66B | €960 | €738 | -€222 | -23.1% |
| Recurring financial charges | 65 | €960 | €738 | -€222 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,508 | -€4,417 | +€1,091 | +19.8% |
| Income taxes | 67/77 | €334 | €347 | +€13 | +3.9% |
| Profit (loss) for the period | 9904 | -€5,842 | -€4,764 | +€1,078 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,842 | -€4,764 | +€1,078 | +18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.