BURAS: 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.
BURAS
Largest movements
- Receivables after one year +€275,556
new in 2025: €275,556
- Receivables within one year -€23,109
down €23,109 (-16.4%), from €140,637 to €117,527
of which Trade receivables: -€25,858
- Tangible fixed assets -€4,697
no longer reported in 2025 (was €4,697)
of which Other tangible fixed assets: -€2,808
- Profit (loss) carried forward +€203,970
up €203,970 (+207.2%), from €98,429 to €302,399
- Trade debts +€64,662
up €64,662 (+306.2%), from €21,115 to €85,777
- Tax, wage and social debts -€25,640
no longer reported in 2025 (was €25,640)
of which Taxes: -€20,792
- Gross operating margin +€148,665
up €148,665 (+256.4%), from €57,980 to €206,645
- Taxes -€17,394
no longer reported in 2025 (was €17,394)
- Financial charges +€6,178
up €6,178 (+607.1%), from €1,018 to €7,196
of which Non-recurring financial charges: +€7,196
- Financial income +€5,096
up €5,096 (+424.2%), from €1,201 to €6,297
- Other operating charges -€4,289
down €4,289 (-70.7%), from €6,064 to €1,775
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 | €150,184 | €393,176 | +€242,992 | +161.8% |
| Fixed assets | 21/28 | €4,697 | - | -€4,697 | |
| Tangible fixed assets | 22/27 | €4,697 | - | -€4,697 | |
| Furniture and vehicles | 24 | €1,888 | - | -€1,888 | |
| Other tangible fixed assets | 26 | €2,808 | - | -€2,808 | |
| Current assets | 29/58 | €145,488 | €393,176 | +€247,689 | +170.2% |
| Amounts receivable after more than one year | 29 | - | €275,556 | +€275,556 | |
| Trade receivables | 290 | - | €275,556 | +€275,556 | |
| Stocks and contracts in progress | 3 | €1,106 | - | -€1,106 | |
| Stocks | 30/36 | €1,106 | - | -€1,106 | |
| Amounts receivable within one year | 40/41 | €140,637 | €117,527 | -€23,109 | -16.4% |
| Trade receivables | 40 | €25,858 | - | -€25,858 | |
| Other amounts receivable | 41 | €114,778 | €117,527 | +€2,749 | +2.4% |
| Cash at bank and in hand | 54/58 | €3,695 | €93 | -€3,603 | -97.5% |
| Deferred charges and accrued income | 490/1 | €49 | - | -€49 | |
| Total equity and liabilities | 10/49 | €150,184 | €393,176 | +€242,992 | +161.8% |
| Equity | 10/15 | €103,429 | €307,399 | +€203,970 | +197.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,429 | €302,399 | +€203,970 | +207.2% |
| Amounts payable | 17/49 | €46,755 | €85,777 | +€39,022 | +83.5% |
| Amounts payable within one year | 42/48 | €46,755 | €85,777 | +€39,022 | +83.5% |
| Trade debts | 44 | €21,115 | €85,777 | +€64,662 | +306.2% |
| Suppliers | 440/4 | €21,115 | €85,777 | +€64,662 | +306.2% |
| Taxes, remuneration and social security | 45 | €25,640 | - | -€25,640 | |
| Taxes | 450/3 | €20,792 | - | -€20,792 | |
| Remuneration and social security | 454/9 | €4,848 | - | -€4,848 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | - | -€232 | |
| Other operating charges | 640/8 | €6,064 | €1,775 | -€4,289 | -70.7% |
| Gross operating margin | 9900 | €57,980 | €206,645 | +€148,665 | +256.4% |
| Operating profit (loss) | 9901 | €51,684 | €204,869 | +€153,185 | +296.4% |
| Financial income | 75/76B | €1,201 | €6,297 | +€5,096 | +424.2% |
| Recurring financial income | 75 | €1,201 | €6,297 | +€5,096 | +424.2% |
| Financial charges | 65/66B | €1,018 | €7,196 | +€6,178 | +607.1% |
| Recurring financial charges | 65 | €1,018 | €7,196 | +€6,178 | +607.1% |
| Non-recurring financial charges | 66B | - | €7,196 | +€7,196 | |
| Profit (loss) for the period before taxes | 9903 | €51,867 | €203,970 | +€152,103 | +293.3% |
| Income taxes | 67/77 | €17,394 | - | -€17,394 | |
| Profit (loss) for the period | 9904 | €34,473 | €203,970 | +€169,497 | +491.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,473 | €203,970 | +€169,497 | +491.7% |
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 2 October 2026 via checked.be.