BUREAU AEF: 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.
BUREAU AEF
Largest movements
- Cash -€112,742
down €112,742 (-97.9%), from €115,193 to €2,451
mainly Receivables within one year (-€61,282) and Tax, wage and social debts (-€57,686)
- Receivables within one year +€61,282
up €61,282 (+276.7%), from €22,146 to €83,428
of which Trade receivables: +€59,442
- Deferred charges and accrued income +€29,329
up €29,329 (+1247.1%), from €2,352 to €31,681
- Tangible fixed assets -€5,708
down €5,708 (-71.1%), from €8,027 to €2,319
of which Furniture and vehicles: -€5,162
- Tax, wage and social debts -€57,686
down €57,686 (-97.0%), from €59,449 to €1,762
of which Remuneration and social security: -€46,000
- Other debts +€21,270
up €21,270 (+52.9%), from €40,177 to €61,447
- Trade debts +€7,070
up €7,070 (+45.5%), from €15,547 to €22,617
- Profit (loss) carried forward +€1,507
up €1,507 (+5.5%), from €27,545 to €29,052
- Gross operating margin +€1,680
up €1,680 (+17.6%), from €9,562 to €11,242
- Taxes +€690
up €690 (+128.7%), from €536 to €1,226
- Financial charges -€546
down €546 (-22.5%), from €2,425 to €1,878
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 | €147,718 | €119,879 | -€27,839 | -18.8% |
| Fixed assets | 21/28 | €8,027 | €2,319 | -€5,708 | -71.1% |
| Tangible fixed assets | 22/27 | €8,027 | €2,319 | -€5,708 | -71.1% |
| Plant, machinery and equipment | 23 | €904 | €358 | -€546 | -60.4% |
| Furniture and vehicles | 24 | €7,123 | €1,961 | -€5,162 | -72.5% |
| Current assets | 29/58 | €139,691 | €117,560 | -€22,131 | -15.8% |
| Amounts receivable within one year | 40/41 | €22,146 | €83,428 | +€61,282 | +276.7% |
| Trade receivables | 40 | €22,146 | €81,588 | +€59,442 | +268.4% |
| Other amounts receivable | 41 | - | €1,840 | +€1,840 | |
| Cash at bank and in hand | 54/58 | €115,193 | €2,451 | -€112,742 | -97.9% |
| Deferred charges and accrued income | 490/1 | €2,352 | €31,681 | +€29,329 | +1247.1% |
| Total equity and liabilities | 10/49 | €147,718 | €119,879 | -€27,839 | -18.8% |
| Equity | 10/15 | €32,545 | €34,052 | +€1,507 | +4.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,545 | €29,052 | +€1,507 | +5.5% |
| Amounts payable | 17/49 | €115,173 | €85,827 | -€29,347 | -25.5% |
| Amounts payable within one year | 42/48 | €115,173 | €85,827 | -€29,347 | -25.5% |
| Trade debts | 44 | €15,547 | €22,617 | +€7,070 | +45.5% |
| Suppliers | 440/4 | €15,547 | €22,617 | +€7,070 | +45.5% |
| Taxes, remuneration and social security | 45 | €59,449 | €1,762 | -€57,686 | -97.0% |
| Taxes | 450/3 | €13,449 | €1,762 | -€11,686 | -86.9% |
| Remuneration and social security | 454/9 | €46,000 | - | -€46,000 | |
| Other amounts payable | 47/48 | €40,177 | €61,447 | +€21,270 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,707 | €5,708 | +€1 | 0.0% |
| Other operating charges | 640/8 | €950 | €932 | -€18 | -1.9% |
| Gross operating margin | 9900 | €9,562 | €11,242 | +€1,680 | +17.6% |
| Operating profit (loss) | 9901 | €2,905 | €4,602 | +€1,698 | +58.4% |
| Financial income | 75/76B | €0 | €10 | +€10 | +99900.0% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +99900.0% |
| Financial charges | 65/66B | €2,425 | €1,878 | -€546 | -22.5% |
| Recurring financial charges | 65 | €2,425 | €1,878 | -€546 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €480 | €2,734 | +€2,254 | +469.9% |
| Income taxes | 67/77 | €536 | €1,226 | +€690 | +128.7% |
| Profit (loss) for the period | 9904 | -€57 | €1,507 | +€1,564 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57 | €1,507 | +€1,564 |
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.