BUREAU BOURGEOIS: 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 BOURGEOIS
Largest movements
- Cash +€297,627
up €297,627 (+39.2%), from €758,320 to €1.1m
mainly Net result for the year (+€291,410) and Receivables within one year (+€55,194)
- Receivables within one year -€55,194
down €55,194 (-65.5%), from €84,234 to €29,040
of which Other amounts receivable: -€39,464
- Reserves +€268,743
up €268,743 (+39.6%), from €679,244 to €947,987
- Other debts -€32,857
down €32,857 (-32.8%), from €100,137 to €67,280
- Financial income +€101,196
up €101,196 (+78.6%), from €128,688 to €229,884
- Taxes +€9,224
up €9,224 (+19.9%), from €46,369 to €55,593
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 | €856,638 | €1,096,303 | +€239,665 | +28.0% |
| Fixed assets | 21/28 | €14,084 | €10,082 | -€4,002 | -28.4% |
| Tangible fixed assets | 22/27 | €7,835 | €3,833 | -€4,002 | -51.1% |
| Land and buildings | 22 | €7,624 | €3,833 | -€3,791 | -49.7% |
| Furniture and vehicles | 24 | €211 | - | -€211 | |
| Financial fixed assets | 28 | €6,250 | €6,250 | = | 0.0% |
| Current assets | 29/58 | €842,554 | €1,086,221 | +€243,667 | +28.9% |
| Amounts receivable within one year | 40/41 | €84,234 | €29,040 | -€55,194 | -65.5% |
| Trade receivables | 40 | €44,770 | €29,040 | -€15,730 | -35.1% |
| Other amounts receivable | 41 | €39,464 | - | -€39,464 | |
| Cash at bank and in hand | 54/58 | €758,320 | €1,055,946 | +€297,627 | +39.2% |
| Deferred charges and accrued income | 490/1 | - | €1,234 | +€1,234 | |
| Total equity and liabilities | 10/49 | €856,638 | €1,096,303 | +€239,665 | +28.0% |
| Equity | 10/15 | €693,444 | €962,187 | +€268,743 | +38.8% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Reserves | 13 | €679,244 | €947,987 | +€268,743 | +39.6% |
| Distributable reserves | 133 | €679,244 | €947,987 | +€268,743 | +39.6% |
| Amounts payable | 17/49 | €163,194 | €134,116 | -€29,078 | -17.8% |
| Amounts payable within one year | 42/48 | €157,833 | €131,515 | -€26,318 | -16.7% |
| Trade debts | 44 | €1,261 | €4,218 | +€2,957 | +234% |
| Suppliers | 440/4 | €1,261 | €4,218 | +€2,957 | +234% |
| Taxes, remuneration and social security | 45 | €56,435 | €60,017 | +€3,583 | +6.3% |
| Taxes | 450/3 | €56,435 | €60,017 | +€3,583 | +6.3% |
| Other amounts payable | 47/48 | €100,137 | €67,280 | -€32,857 | -32.8% |
| Accrued charges and deferred income | 492/3 | €5,361 | €2,601 | -€2,760 | -51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,961 | €4,002 | +€41 | +1.0% |
| Other operating charges | 640/8 | €592 | €610 | +€18 | +3.0% |
| Gross operating margin | 9900 | €123,191 | €122,565 | -€625 | -0.5% |
| Operating profit (loss) | 9901 | €118,638 | €117,954 | -€684 | -0.6% |
| Financial income | 75/76B | €128,688 | €229,884 | +€101,196 | +78.6% |
| Recurring financial income | 75 | €128,688 | €229,884 | +€101,196 | +78.6% |
| Financial charges | 65/66B | €263 | €834 | +€571 | +217% |
| Recurring financial charges | 65 | €263 | €834 | +€571 | +217% |
| Profit (loss) for the period before taxes | 9903 | €247,063 | €347,004 | +€99,941 | +40.5% |
| Income taxes | 67/77 | €46,369 | €55,593 | +€9,224 | +19.9% |
| Profit (loss) for the period | 9904 | €200,694 | €291,410 | +€90,717 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €200,694 | €291,410 | +€90,717 | +45.2% |
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 18 October 2026 via checked.be.