BUREAU BODY: 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.
BUREAU BODY
Largest movements
- Cash +€43,076
up €43,076 (+79.5%), from €54,207 to €97,283
mainly Depreciation (+€42,660) and Net result for the year (+€20,247)
- Tangible fixed assets -€37,342
down €37,342 (-15.5%), from €240,212 to €202,870
of which Land and buildings: -€29,735
- Deferred charges and accrued income -€18,969
down €18,969 (-86.9%), from €21,829 to €2,860
- Receivables within one year +€5,106
up €5,106 (+3.9%), from €131,523 to €136,628
of which Other amounts receivable: +€22,236
- Current portion of long-term debt -€22,735
down €22,735 (-51.5%), from €44,137 to €21,402
- Reserves +€18,000
up €18,000 (+21.4%), from €84,100 to €102,100
- Debts after one year -€11,412
down €11,412 (-25.1%), from €45,475 to €34,062
- Trade debts +€5,254
up €5,254 (+112%), from €4,705 to €9,959
- Other operating charges -€6,802
down €6,802 (-35.0%), from €19,458 to €12,656
- Staff costs +€5,220
up €5,220 (+3.9%), from €133,484 to €138,704
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 | €447,770 | €439,641 | -€8,129 | -1.8% |
| Fixed assets | 21/28 | €240,212 | €202,870 | -€37,342 | -15.5% |
| Tangible fixed assets | 22/27 | €240,212 | €202,870 | -€37,342 | -15.5% |
| Land and buildings | 22 | €200,866 | €171,131 | -€29,735 | -14.8% |
| Plant, machinery and equipment | 23 | €36,860 | €31,582 | -€5,278 | -14.3% |
| Furniture and vehicles | 24 | €2,485 | €156 | -€2,330 | -93.7% |
| Current assets | 29/58 | €207,558 | €236,772 | +€29,213 | +14.1% |
| Amounts receivable within one year | 40/41 | €131,523 | €136,628 | +€5,106 | +3.9% |
| Trade receivables | 40 | €57,225 | €40,094 | -€17,130 | -29.9% |
| Other amounts receivable | 41 | €74,298 | €96,534 | +€22,236 | +29.9% |
| Cash at bank and in hand | 54/58 | €54,207 | €97,283 | +€43,076 | +79.5% |
| Deferred charges and accrued income | 490/1 | €21,829 | €2,860 | -€18,969 | -86.9% |
| Total equity and liabilities | 10/49 | €447,770 | €439,641 | -€8,129 | -1.8% |
| Equity | 10/15 | €319,109 | €339,356 | +€20,247 | +6.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €84,100 | €102,100 | +€18,000 | +21.4% |
| Distributable reserves | 133 | €84,100 | €102,100 | +€18,000 | +21.4% |
| Profit (loss) carried forward | 14 | €210,009 | €212,256 | +€2,247 | +1.1% |
| Amounts payable | 17/49 | €128,661 | €100,285 | -€28,376 | -22.1% |
| Amounts payable after more than one year | 17 | €45,475 | €34,062 | -€11,412 | -25.1% |
| Financial debts | 170/4 | €45,475 | €34,062 | -€11,412 | -25.1% |
| Amounts payable within one year | 42/48 | €83,187 | €66,223 | -€16,964 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €44,137 | €21,402 | -€22,735 | -51.5% |
| Trade debts | 44 | €4,705 | €9,959 | +€5,254 | +112% |
| Suppliers | 440/4 | €4,705 | €9,959 | +€5,254 | +112% |
| Taxes, remuneration and social security | 45 | €34,150 | €34,614 | +€464 | +1.4% |
| Taxes | 450/3 | €15,084 | €15,355 | +€271 | +1.8% |
| Remuneration and social security | 454/9 | €19,066 | €19,258 | +€192 | +1.0% |
| Other amounts payable | 47/48 | €194 | €248 | +€54 | +27.6% |
| Remuneration, social security and pensions | 62 | €133,484 | €138,704 | +€5,220 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,749 | €42,660 | +€911 | +2.2% |
| Other operating charges | 640/8 | €19,458 | €12,656 | -€6,802 | -35.0% |
| Gross operating margin | 9900 | €228,518 | €226,488 | -€2,031 | -0.9% |
| Operating profit (loss) | 9901 | €33,827 | €32,467 | -€1,360 | -4.0% |
| Financial income | 75/76B | €1,039 | €910 | -€129 | -12.4% |
| Recurring financial income | 75 | €1,039 | €910 | -€129 | -12.4% |
| Financial charges | 65/66B | €2,634 | €2,100 | -€535 | -20.3% |
| Recurring financial charges | 65 | €2,634 | €2,100 | -€535 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €32,231 | €31,277 | -€954 | -3.0% |
| Income taxes | 67/77 | €9,860 | €11,031 | +€1,170 | +11.9% |
| Profit (loss) for the period | 9904 | €22,371 | €20,247 | -€2,124 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,371 | €20,247 | -€2,124 | -9.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.