BUREAU COMPTABLE ADR: 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 COMPTABLE ADR
Largest movements
- Cash -€79,885
down €79,885 (-65.8%), from €121,329 to €41,444
mainly Receivables after one year (-€70,000) and Debts after one year (-€20,000)
- Receivables after one year +€70,000
new in 2025: €70,000
- Receivables within one year +€15,457
up €15,457 (+35.8%), from €43,230 to €58,687
of which Trade receivables: +€12,287
- Tangible fixed assets -€10,264
down €10,264 (-31.8%), from €32,257 to €21,994
of which Furniture and vehicles: -€7,314
- Debts after one year -€20,000
no longer reported in 2025 (was €20,000)
- Trade debts +€17,013
up €17,013 (+1,314%), from €1,294 to €18,308
- Reserves -€5,200
down €5,200 (-3.2%), from €163,860 to €158,660
of which Distributable reserves: -€5,200
- Gross operating margin -€21,509
down €21,509 (-25.6%), from €83,993 to €62,484
- Depreciation -€8,709
down €8,709 (-45.9%), from €18,972 to €10,264
- Taxes -€3,448
down €3,448 (-31.6%), from €10,910 to €7,462
- Financial charges -€1,955
down €1,955 (-56.7%), from €3,446 to €1,491
- Staff costs +€1,380
up €1,380 (+4.7%), from €29,325 to €30,705
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 | €203,623 | €197,156 | -€6,467 | -3.2% |
| Fixed assets | 21/28 | €32,257 | €21,994 | -€10,264 | -31.8% |
| Tangible fixed assets | 22/27 | €32,257 | €21,994 | -€10,264 | -31.8% |
| Plant, machinery and equipment | 23 | €614 | €255 | -€360 | -58.5% |
| Furniture and vehicles | 24 | €17,314 | €10,000 | -€7,314 | -42.2% |
| Other tangible fixed assets | 26 | €14,329 | €11,739 | -€2,590 | -18.1% |
| Current assets | 29/58 | €171,366 | €175,163 | +€3,797 | +2.2% |
| Amounts receivable after more than one year | 29 | - | €70,000 | +€70,000 | |
| Other amounts receivable | 291 | - | €70,000 | +€70,000 | |
| Amounts receivable within one year | 40/41 | €43,230 | €58,687 | +€15,457 | +35.8% |
| Trade receivables | 40 | €39,856 | €52,143 | +€12,287 | +30.8% |
| Other amounts receivable | 41 | €3,374 | €6,544 | +€3,170 | +93.9% |
| Cash at bank and in hand | 54/58 | €121,329 | €41,444 | -€79,885 | -65.8% |
| Deferred charges and accrued income | 490/1 | €6,807 | €5,032 | -€1,775 | -26.1% |
| Total equity and liabilities | 10/49 | €203,623 | €197,156 | -€6,467 | -3.2% |
| Equity | 10/15 | €171,443 | €166,315 | -€5,128 | -3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €163,860 | €158,660 | -€5,200 | -3.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €162,000 | €156,800 | -€5,200 | -3.2% |
| Profit (loss) carried forward | 14 | €1,383 | €1,455 | +€72 | +5.2% |
| Amounts payable | 17/49 | €32,180 | €30,841 | -€1,339 | -4.2% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Other amounts payable | 178/9 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €12,180 | €30,841 | +€18,661 | +153% |
| Trade debts | 44 | €1,294 | €18,308 | +€17,013 | +1,314% |
| Suppliers | 440/4 | €1,294 | €18,308 | +€17,013 | +1,314% |
| Taxes, remuneration and social security | 45 | €7,627 | €9,462 | +€1,834 | +24.0% |
| Taxes | 450/3 | €4,667 | €4,816 | +€148 | +3.2% |
| Remuneration and social security | 454/9 | €2,960 | €4,646 | +€1,686 | +57.0% |
| Other amounts payable | 47/48 | €3,258 | €3,072 | -€186 | -5.7% |
| Remuneration, social security and pensions | 62 | €29,325 | €30,705 | +€1,380 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,972 | €10,264 | -€8,709 | -45.9% |
| Other operating charges | 640/8 | €1,722 | €1,265 | -€457 | -26.5% |
| Non-recurring operating charges | 66A | €729 | €242 | -€487 | -66.8% |
| Gross operating margin | 9900 | €83,993 | €62,484 | -€21,509 | -25.6% |
| Operating profit (loss) | 9901 | €33,244 | €20,008 | -€13,236 | -39.8% |
| Financial income | 75/76B | €737 | €817 | +€79 | +10.8% |
| Recurring financial income | 75 | €737 | €817 | +€79 | +10.8% |
| Financial charges | 65/66B | €3,446 | €1,491 | -€1,955 | -56.7% |
| Recurring financial charges | 65 | €3,446 | €1,491 | -€1,955 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €30,535 | €19,334 | -€11,201 | -36.7% |
| Income taxes | 67/77 | €10,910 | €7,462 | -€3,448 | -31.6% |
| Profit (loss) for the period | 9904 | €19,625 | €11,872 | -€7,753 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,625 | €11,872 | -€7,753 | -39.5% |
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 23 October 2026 via checked.be.