bureau brussels: 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.
What changed
bureau brussels
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€64,286
2024 · €59,113+€5,174
Equity
€445,132
2024 · €380,845+€64,286
Cash
€15,097
2024 · €10,040+€5,057
Balance sheet total
€1.2m
2024 · €1.3m-€49,013
Largest movements
Assets
- Tangible fixed assets -€49,063
down €49,063 (-4.9%), from €995,817 to €946,754
of which Land and buildings: -€47,929
Equity and liabilities
- Other debts -€101,536
down €101,536 (-60.3%), from €168,285 to €66,749
- Debts after one year -€88,253
down €88,253 (-17.3%), from €510,747 to €422,494
- Short-term financial debts +€79,981
up €79,981 (+299%), from €26,761 to €106,742
- Reserves +€64,000
up €64,000 (+17.8%), from €360,000 to €424,000
of which Distributable reserves: +€64,000
- Current portion of long-term debt -€30,854
down €30,854 (-25.9%), from €119,107 to €88,253
Income statement
- Taxes +€10,146
up €10,146 (+29.8%), from €34,102 to €44,248
- Staff costs -€7,711
down €7,711 (-8.3%), from €92,367 to €84,657
- Other operating charges -€5,870
down €5,870 (-50.3%), from €11,673 to €5,803
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.
Result 2024
€59,113
Gross operating margin
+€363
Staff costs
+€7,711
Depreciation
+€897
Other operating charges
+€5,870
Financial income
-€0
Financial charges
+€1,376
Taxes
-€10,146
Deferred taxes and other
-€897
Result 2025
€64,286
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€44,182
Investment
€0
Financing
-€39,125
Cash 2024
€10,040
From operations (derived)
+€44,182
Net result for the year
+€64,286
Depreciation
+€49,063
Receivables within one year
+€4,967
Deferred charges and accrued income
+€40
Provisions
-€939
Trade debts
+€13,932
Tax, wage and social debts
+€12,863
Other debts
-€101,536
Accrued charges and deferred income
+€1,505
Financing
-€39,125
Debts after one year
-€88,253
Current portion of long-term debt
-€30,854
Short-term financial debts
+€79,981
Cash 2025
€15,097
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,275,439 | €1,226,426 | -€49,013 | -3.8% |
| Fixed assets | 21/28 | €997,877 | €948,814 | -€49,063 | -4.9% |
| Tangible fixed assets | 22/27 | €995,817 | €946,754 | -€49,063 | -4.9% |
| Land and buildings | 22 | €993,469 | €945,540 | -€47,929 | -4.8% |
| Plant, machinery and equipment | 23 | €1,604 | €1,214 | -€390 | -24.3% |
| Other tangible fixed assets | 26 | €744 | €0 | -€744 | -100% |
| Financial fixed assets | 28 | €2,060 | €2,060 | = | 0.0% |
| Current assets | 29/58 | €277,562 | €277,613 | +€50 | 0.0% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,482 | €12,516 | -€4,967 | -28.4% |
| Trade receivables | 40 | €4,584 | €9,957 | +€5,373 | +117% |
| Other amounts receivable | 41 | €12,898 | €2,558 | -€10,340 | -80.2% |
| Cash at bank and in hand | 54/58 | €10,040 | €15,097 | +€5,057 | +50.4% |
| Deferred charges and accrued income | 490/1 | €40 | €0 | -€40 | -100% |
| Total equity and liabilities | 10/49 | €1,275,439 | €1,226,426 | -€49,013 | -3.8% |
| Equity | 10/15 | €380,845 | €445,132 | +€64,286 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €360,000 | €424,000 | +€64,000 | +17.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €360,000 | €424,000 | +€64,000 | +17.8% |
| Profit (loss) carried forward | 14 | €845 | €1,132 | +€286 | +33.9% |
| Provisions and deferred taxes | 16 | €939 | €0 | -€939 | -100% |
| Deferred taxes | 168 | €939 | €0 | -€939 | -100% |
| Amounts payable | 17/49 | €893,655 | €781,295 | -€112,361 | -12.6% |
| Amounts payable after more than one year | 17 | €510,747 | €422,494 | -€88,253 | -17.3% |
| Financial debts | 170/4 | €510,747 | €422,494 | -€88,253 | -17.3% |
| Amounts payable within one year | 42/48 | €334,302 | €308,689 | -€25,613 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €119,107 | €88,253 | -€30,854 | -25.9% |
| Financial debts | 43 | €26,761 | €106,742 | +€79,981 | +299% |
| Credit institutions | 430/8 | €26,761 | €106,742 | +€79,981 | +299% |
| Trade debts | 44 | €9,285 | €23,217 | +€13,932 | +150% |
| Suppliers | 440/4 | €9,285 | €23,217 | +€13,932 | +150% |
| Taxes, remuneration and social security | 45 | €10,864 | €23,727 | +€12,863 | +118% |
| Taxes | 450/3 | €1,513 | €15,009 | +€13,495 | +892% |
| Remuneration and social security | 454/9 | €9,351 | €8,718 | -€632 | -6.8% |
| Other amounts payable | 47/48 | €168,285 | €66,749 | -€101,536 | -60.3% |
| Accrued charges and deferred income | 492/3 | €48,607 | €50,112 | +€1,505 | +3.1% |
| Remuneration, social security and pensions | 62 | €92,367 | €84,657 | -€7,711 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,961 | €49,063 | -€897 | -1.8% |
| Other operating charges | 640/8 | €11,673 | €5,803 | -€5,870 | -50.3% |
| Gross operating margin | 9900 | €253,933 | €254,296 | +€363 | +0.1% |
| Operating profit (loss) | 9901 | €99,933 | €114,773 | +€14,841 | +14.9% |
| Financial income | 75/76B | €7,607 | €7,607 | -€0 | 0.0% |
| Recurring financial income | 75 | €7,607 | €7,607 | -€0 | 0.0% |
| Financial charges | 65/66B | €16,161 | €14,785 | -€1,376 | -8.5% |
| Recurring financial charges | 65 | €16,161 | €14,785 | -€1,376 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €91,379 | €107,596 | +€16,217 | +17.7% |
| Transfer from deferred taxes | 780 | €1,835 | €939 | -€897 | -48.9% |
| Income taxes | 67/77 | €34,102 | €44,248 | +€10,146 | +29.8% |
| Profit (loss) for the period | 9904 | €59,113 | €64,286 | +€5,174 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,113 | €64,286 | +€5,174 | +8.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.