Bureau de Coordination DS: 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 de Coordination DS
Largest movements
- Tangible fixed assets +€47,479
up €47,479 (+14.2%), from €333,347 to €380,826
of which Plant, machinery and equipment: +€61,267
- Receivables within one year +€8,381
up €8,381 (+29.9%), from €28,005 to €36,386
- Cash +€7,107
up €7,107 (+31.3%), from €22,715 to €29,822
mainly Net result for the year (+€38,382) and Other debts (+€34,900)
- Debts after one year -€68,151
down €68,151 (-25.4%), from €268,502 to €200,351
- Profit (loss) carried forward +€38,382
up €38,382 (+915%), from €4,193 to €42,575
- Other debts +€34,900
up €34,900 (+133%), from €26,261 to €61,161
- Current portion of long-term debt +€28,937
up €28,937 (+75.8%), from €38,184 to €67,121
- Tax, wage and social debts +€17,679
up €17,679 (+987%), from €1,791 to €19,470
- Gross operating margin +€38,441
up €38,441 (+93.0%), from €41,353 to €79,794
- Other operating charges -€25,421
down €25,421 (-90.7%), from €28,042 to €2,621
- Taxes +€12,990
new in 2025: €12,990
- Depreciation +€7,491
up €7,491 (+83.3%), from €8,992 to €16,483
- Financial charges +€4,718
up €4,718 (+103%), from €4,600 to €9,318
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 | €384,980 | €447,948 | +€62,968 | +16.4% |
| Fixed assets | 21/28 | €333,347 | €380,826 | +€47,479 | +14.2% |
| Tangible fixed assets | 22/27 | €333,347 | €380,826 | +€47,479 | +14.2% |
| Land and buildings | 22 | €332,426 | €319,106 | -€13,320 | -4.0% |
| Plant, machinery and equipment | 23 | - | €61,267 | +€61,267 | |
| Furniture and vehicles | 24 | €921 | €453 | -€468 | -50.8% |
| Current assets | 29/58 | €51,633 | €67,122 | +€15,489 | +30.0% |
| Amounts receivable within one year | 40/41 | €28,005 | €36,386 | +€8,381 | +29.9% |
| Trade receivables | 40 | €28,005 | €36,386 | +€8,381 | +29.9% |
| Cash at bank and in hand | 54/58 | €22,715 | €29,822 | +€7,107 | +31.3% |
| Deferred charges and accrued income | 490/1 | €913 | €914 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €384,980 | €447,948 | +€62,968 | +16.4% |
| Equity | 10/15 | €35,193 | €73,575 | +€38,382 | +109% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,193 | €42,575 | +€38,382 | +915% |
| Amounts payable | 17/49 | €349,787 | €374,373 | +€24,586 | +7.0% |
| Amounts payable after more than one year | 17 | €268,502 | €200,351 | -€68,151 | -25.4% |
| Financial debts | 170/4 | €268,502 | €200,351 | -€68,151 | -25.4% |
| Amounts payable within one year | 42/48 | €81,285 | €174,022 | +€92,737 | +114% |
| Current portion of amounts payable after more than one year | 42 | €38,184 | €67,121 | +€28,937 | +75.8% |
| Trade debts | 44 | €15,049 | €26,270 | +€11,221 | +74.6% |
| Suppliers | 440/4 | €15,049 | €26,270 | +€11,221 | +74.6% |
| Taxes, remuneration and social security | 45 | €1,791 | €19,470 | +€17,679 | +987% |
| Taxes | 450/3 | €1,791 | €19,470 | +€17,679 | +987% |
| Other amounts payable | 47/48 | €26,261 | €61,161 | +€34,900 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,992 | €16,483 | +€7,491 | +83.3% |
| Other operating charges | 640/8 | €28,042 | €2,621 | -€25,421 | -90.7% |
| Gross operating margin | 9900 | €41,353 | €79,794 | +€38,441 | +93.0% |
| Operating profit (loss) | 9901 | €4,319 | €60,690 | +€56,371 | +1,305% |
| Financial charges | 65/66B | €4,600 | €9,318 | +€4,718 | +103% |
| Recurring financial charges | 65 | €4,600 | €9,318 | +€4,718 | +103% |
| Profit (loss) for the period before taxes | 9903 | -€281 | €51,372 | +€51,653 | |
| Income taxes | 67/77 | - | €12,990 | +€12,990 | |
| Profit (loss) for the period | 9904 | -€281 | €38,382 | +€38,663 | |
| Profit (loss) for the period to be appropriated | 9905 | -€281 | €38,382 | +€38,663 |
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 26 October 2026 via checked.be.