BURBE: 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.
BURBE
Largest movements
- Tangible fixed assets -€21,335
down €21,335 (-4.1%), from €517,617 to €496,282
of which Land and buildings: -€15,689
- Receivables within one year -€12,839
no longer reported in 2025 (was €12,839)
- Cash +€9,546
up €9,546 (+23.1%), from €41,236 to €50,782
mainly Net result for the year (+€72,989) and Depreciation (+€38,781)
- Debts after one year -€20,000
down €20,000 (-9.7%), from €206,666 to €186,666
- Profit (loss) carried forward -€19,909
down €19,909 (-18.4%), from €108,290 to €88,381
- Reserves +€17,898
up €17,898 (+31.3%), from €57,102 to €75,000
- Depreciation +€3,841
up €3,841 (+11.0%), from €34,940 to €38,781
- Taxes -€2,509
down €2,509 (-8.9%), from €28,292 to €25,783
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 | €572,211 | €547,064 | -€25,147 | -4.4% |
| Fixed assets | 21/28 | €517,617 | €496,282 | -€21,335 | -4.1% |
| Tangible fixed assets | 22/27 | €517,617 | €496,282 | -€21,335 | -4.1% |
| Land and buildings | 22 | €484,158 | €468,469 | -€15,689 | -3.2% |
| Plant, machinery and equipment | 23 | €2,445 | €1,858 | -€587 | -24.0% |
| Furniture and vehicles | 24 | €31,014 | €25,955 | -€5,059 | -16.3% |
| Current assets | 29/58 | €54,594 | €50,782 | -€3,812 | -7.0% |
| Amounts receivable within one year | 40/41 | €12,839 | - | -€12,839 | |
| Trade receivables | 40 | €12,839 | - | -€12,839 | |
| Cash at bank and in hand | 54/58 | €41,236 | €50,782 | +€9,546 | +23.1% |
| Deferred charges and accrued income | 490/1 | €519 | - | -€519 | |
| Total equity and liabilities | 10/49 | €572,211 | €547,064 | -€25,147 | -4.4% |
| Equity | 10/15 | €190,392 | €188,381 | -€2,011 | -1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €57,102 | €75,000 | +€17,898 | +31.3% |
| Distributable reserves | 133 | €57,102 | €75,000 | +€17,898 | +31.3% |
| Profit (loss) carried forward | 14 | €108,290 | €88,381 | -€19,909 | -18.4% |
| Amounts payable | 17/49 | €381,819 | €358,683 | -€23,136 | -6.1% |
| Amounts payable after more than one year | 17 | €206,666 | €186,666 | -€20,000 | -9.7% |
| Financial debts | 170/4 | €206,666 | €186,666 | -€20,000 | -9.7% |
| Amounts payable within one year | 42/48 | €175,153 | €172,017 | -€3,136 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €154 | - | -€154 | |
| Suppliers | 440/4 | €154 | - | -€154 | |
| Taxes, remuneration and social security | 45 | €10,659 | €9,924 | -€735 | -6.9% |
| Taxes | 450/3 | €10,659 | €9,924 | -€735 | -6.9% |
| Other amounts payable | 47/48 | €144,340 | €142,093 | -€2,247 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,940 | €38,781 | +€3,841 | +11.0% |
| Other operating charges | 640/8 | €2,704 | €2,726 | +€22 | +0.8% |
| Gross operating margin | 9900 | €144,946 | €143,678 | -€1,268 | -0.9% |
| Operating profit (loss) | 9901 | €107,302 | €102,171 | -€5,131 | -4.8% |
| Financial income | 75/76B | €419 | €3 | -€416 | -99.3% |
| Recurring financial income | 75 | €419 | €3 | -€416 | -99.3% |
| Financial charges | 65/66B | €3,945 | €3,402 | -€543 | -13.8% |
| Recurring financial charges | 65 | €3,945 | €3,402 | -€543 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €103,776 | €98,772 | -€5,004 | -4.8% |
| Income taxes | 67/77 | €28,292 | €25,783 | -€2,509 | -8.9% |
| Profit (loss) for the period | 9904 | €75,484 | €72,989 | -€2,495 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €75,484 | €72,989 | -€2,495 | -3.3% |
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 3 October 2026 via checked.be.