BURE PRODUCT: 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.
BURE PRODUCT
Largest movements
- Cash -€887,965
down €887,965 (-42.2%), from €2.1m to €1.2m
mainly Investment in fixed assets (net) (-€350,694) and Receivables within one year (-€267,396)
- Receivables within one year +€267,396
up €267,396 (+24.8%), from €1.1m to €1.3m
of which Trade receivables: +€279,280
- Tangible fixed assets +€182,546
up €182,546 (+11.5%), from €1.6m to €1.8m
of which Furniture and vehicles: +€114,112
- Trade debts -€231,421
down €231,421 (-13.6%), from €1.7m to €1.5m
- Tax, wage and social debts -€120,958
down €120,958 (-80.7%), from €149,914 to €28,956
- Other debts -€109,328
down €109,328 (-8.3%), from €1.3m to €1.2m
- Debts after one year +€73,055
up €73,055 (+13.1%), from €557,333 to €630,388
- Current portion of long-term debt -€49,230
down €49,230 (-24.5%), from €200,667 to €151,437
- Gross operating margin -€845,767
down €845,767 (-79.3%), from €1.1m to €220,411
- Taxes -€225,270
down €225,270 (-98.0%), from €229,914 to €4,644
- Depreciation +€30,483
up €30,483 (+22.1%), from €137,666 to €168,149
- Financial charges +€23,654
up €23,654 (+7,502%), from €315 to €23,969
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.
Derived cash bridge
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 | €4,774,240 | €4,337,245 | -€436,995 | -9.2% |
| Fixed assets | 21/28 | €1,586,127 | €1,768,672 | +€182,546 | +11.5% |
| Tangible fixed assets | 22/27 | €1,586,127 | €1,768,672 | +€182,546 | +11.5% |
| Land and buildings | 22 | €1,566,710 | €1,507,803 | -€58,907 | -3.8% |
| Plant, machinery and equipment | 23 | €19,319 | €77,751 | +€58,432 | +302% |
| Furniture and vehicles | 24 | €97 | €114,210 | +€114,112 | +117,255% |
| Leasing and similar rights | 25 | - | €68,908 | +€68,908 | |
| Current assets | 29/58 | €3,188,113 | €2,568,573 | -€619,540 | -19.4% |
| Amounts receivable within one year | 40/41 | €1,078,362 | €1,345,758 | +€267,396 | +24.8% |
| Trade receivables | 40 | €1,066,478 | €1,345,758 | +€279,280 | +26.2% |
| Other amounts receivable | 41 | €11,884 | - | -€11,884 | |
| Cash at bank and in hand | 54/58 | €2,102,007 | €1,214,042 | -€887,965 | -42.2% |
| Deferred charges and accrued income | 490/1 | €7,744 | €8,772 | +€1,029 | +13.3% |
| Total equity and liabilities | 10/49 | €4,774,240 | €4,337,245 | -€436,995 | -9.2% |
| Equity | 10/15 | €851,438 | €852,324 | +€886 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €581,354 | €602,126 | +€20,772 | +3.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €579,494 | €600,266 | +€20,772 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | €251,484 | €231,598 | -€19,886 | -7.9% |
| Amounts payable | 17/49 | €3,922,802 | €3,484,921 | -€437,881 | -11.2% |
| Amounts payable after more than one year | 17 | €557,333 | €630,388 | +€73,055 | +13.1% |
| Financial debts | 170/4 | €557,333 | €630,388 | +€73,055 | +13.1% |
| Amounts payable within one year | 42/48 | €3,365,468 | €2,854,532 | -€510,936 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €200,667 | €151,437 | -€49,230 | -24.5% |
| Trade debts | 44 | €1,705,464 | €1,474,043 | -€231,421 | -13.6% |
| Suppliers | 440/4 | €1,705,464 | €1,474,043 | -€231,421 | -13.6% |
| Taxes, remuneration and social security | 45 | €149,914 | €28,956 | -€120,958 | -80.7% |
| Taxes | 450/3 | €149,914 | €28,956 | -€120,958 | -80.7% |
| Other amounts payable | 47/48 | €1,309,424 | €1,200,097 | -€109,328 | -8.3% |
| Non-recurring operating income | 76A | €6,091 | - | -€6,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,666 | €168,149 | +€30,483 | +22.1% |
| Other operating charges | 640/8 | €3,610 | €2,877 | -€733 | -20.3% |
| Gross operating margin | 9900 | €1,066,178 | €220,411 | -€845,767 | -79.3% |
| Operating profit (loss) | 9901 | €924,903 | €49,385 | -€875,517 | -94.7% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €315 | €23,969 | +€23,654 | +7,502% |
| Recurring financial charges | 65 | €315 | €23,969 | +€23,654 | +7,502% |
| Profit (loss) for the period before taxes | 9903 | €924,590 | €25,416 | -€899,173 | -97.3% |
| Income taxes | 67/77 | €229,914 | €4,644 | -€225,270 | -98.0% |
| Profit (loss) for the period | 9904 | €694,676 | €20,772 | -€673,903 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €694,676 | €20,772 | -€673,903 | -97.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.