BUREAU BOLE: 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 BOLE
Largest movements
- Current investments -€325,829
down €325,829 (-92.9%), from €350,746 to €24,916
- Receivables after one year +€225,000
new in 2025: €225,000
- Receivables within one year -€47,973
down €47,973 (-35.5%), from €135,106 to €87,133
of which Other amounts receivable: -€128,034
- Cash -€42,117
no longer reported in 2025 (was €42,117)
mainly Other debts (-€309,243) and Receivables after one year (-€225,000)
- Intangible fixed assets -€35,187
down €35,187 (-50.0%), from €70,374 to €35,187
- Other debts -€309,243
down €309,243 (-91.4%), from €338,450 to €29,207
- Profit (loss) carried forward +€88,182
up €88,182 (+57.5%), from €153,240 to €241,422
- Trade debts -€6,809
down €6,809 (-28.4%), from €23,994 to €17,185
- Gross operating margin -€46,762
down €46,762 (-9.4%), from €497,087 to €450,325
- Staff costs -€14,951
down €14,951 (-5.5%), from €271,598 to €256,647
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 | €654,813 | €429,123 | -€225,690 | -34.5% |
| Fixed assets | 21/28 | €126,845 | €92,074 | -€34,771 | -27.4% |
| Intangible fixed assets | 21 | €70,374 | €35,187 | -€35,187 | -50.0% |
| Tangible fixed assets | 22/27 | €56,471 | €56,887 | +€416 | +0.7% |
| Plant, machinery and equipment | 23 | €6,842 | €2,547 | -€4,295 | -62.8% |
| Furniture and vehicles | 24 | €37,833 | €32,549 | -€5,284 | -14.0% |
| Other tangible fixed assets | 26 | €11,797 | €21,791 | +€9,994 | +84.7% |
| Current assets | 29/58 | €527,968 | €337,049 | -€190,919 | -36.2% |
| Amounts receivable after more than one year | 29 | - | €225,000 | +€225,000 | |
| Other amounts receivable | 291 | - | €225,000 | +€225,000 | |
| Amounts receivable within one year | 40/41 | €135,106 | €87,133 | -€47,973 | -35.5% |
| Trade receivables | 40 | €7,072 | €87,133 | +€80,061 | +1132.1% |
| Other amounts receivable | 41 | €128,034 | - | -€128,034 | |
| Current investments | 50/53 | €350,746 | €24,916 | -€325,829 | -92.9% |
| Cash at bank and in hand | 54/58 | €42,117 | - | -€42,117 | |
| Total equity and liabilities | 10/49 | €654,813 | €429,123 | -€225,690 | -34.5% |
| Equity | 10/15 | €182,526 | €270,708 | +€88,182 | +48.3% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,240 | €241,422 | +€88,182 | +57.5% |
| Provisions and deferred taxes | 16 | €32,473 | €32,473 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €32,473 | €32,473 | = | 0.0% |
| Pensions and similar obligations | 160 | €32,473 | €32,473 | = | 0.0% |
| Amounts payable | 17/49 | €439,813 | €125,942 | -€313,871 | -71.4% |
| Amounts payable within one year | 42/48 | €439,813 | €125,942 | -€313,871 | -71.4% |
| Trade debts | 44 | €23,994 | €17,185 | -€6,809 | -28.4% |
| Suppliers | 440/4 | €23,994 | €17,185 | -€6,809 | -28.4% |
| Taxes, remuneration and social security | 45 | €77,368 | €79,550 | +€2,181 | +2.8% |
| Taxes | 450/3 | €43,875 | €54,042 | +€10,167 | +23.2% |
| Remuneration and social security | 454/9 | €33,493 | €25,508 | -€7,985 | -23.8% |
| Other amounts payable | 47/48 | €338,450 | €29,207 | -€309,243 | -91.4% |
| Remuneration, social security and pensions | 62 | €271,598 | €256,647 | -€14,951 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,117 | €59,971 | +€2,854 | +5.0% |
| Other operating charges | 640/8 | €1,158 | €1,298 | +€140 | +12.1% |
| Gross operating margin | 9900 | €497,087 | €450,325 | -€46,762 | -9.4% |
| Operating profit (loss) | 9901 | €167,214 | €132,409 | -€34,805 | -20.8% |
| Financial income | 75/76B | €7,666 | €2,954 | -€4,712 | -61.5% |
| Recurring financial income | 75 | €7,666 | €2,954 | -€4,712 | -61.5% |
| Financial charges | 65/66B | €1,660 | €129 | -€1,530 | -92.2% |
| Recurring financial charges | 65 | €1,660 | €129 | -€1,530 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €173,220 | €135,234 | -€37,986 | -21.9% |
| Income taxes | 67/77 | €42,751 | €47,053 | +€4,302 | +10.1% |
| Profit (loss) for the period | 9904 | €130,470 | €88,182 | -€42,288 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €130,470 | €88,182 | -€42,288 | -32.4% |
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 5 October 2026 via checked.be.