BUREAU ED & JOY: 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 ED & JOY
Largest movements
- Current investments -€36,940
down €36,940 (-99.8%), from €37,000 to €60
- Receivables within one year +€5,992
up €5,992 (+127%), from €4,722 to €10,713
- Cash +€1,483
up €1,483 (+53.7%), from €2,764 to €4,247
mainly Current investments (+€36,940) and Depreciation (+€1,217)
- Tangible fixed assets -€1,217
down €1,217 (-44.7%), from €2,721 to €1,504
- Profit (loss) carried forward -€9,798
down €9,798 (-42.6%), from €23,015 to €13,217
- Tax, wage and social debts -€8,616
down €8,616 (-78.5%), from €10,971 to €2,355
- Other debts -€7,000
no longer reported in 2025 (was €7,000)
- Trade debts -€5,268
down €5,268 (-98.9%), from €5,325 to €57
- Gross operating margin -€30,902
down €30,902, from €22,299 to -€8,604
- Taxes -€4,802
down €4,802 (-98.0%), from €4,898 to €96
- Depreciation -€564
down €564 (-31.7%), from €1,780 to €1,217
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 | €48,811 | €18,129 | -€30,682 | -62.9% |
| Fixed assets | 21/28 | €4,326 | €3,109 | -€1,217 | -28.1% |
| Tangible fixed assets | 22/27 | €2,721 | €1,504 | -€1,217 | -44.7% |
| Furniture and vehicles | 24 | €2,721 | €1,504 | -€1,217 | -44.7% |
| Financial fixed assets | 28 | €1,605 | €1,605 | = | 0.0% |
| Current assets | 29/58 | €44,486 | €15,020 | -€29,466 | -66.2% |
| Amounts receivable within one year | 40/41 | €4,722 | €10,713 | +€5,992 | +127% |
| Other amounts receivable | 41 | €4,722 | €10,713 | +€5,992 | +127% |
| Current investments | 50/53 | €37,000 | €60 | -€36,940 | -99.8% |
| Cash at bank and in hand | 54/58 | €2,764 | €4,247 | +€1,483 | +53.7% |
| Total equity and liabilities | 10/49 | €48,811 | €18,129 | -€30,682 | -62.9% |
| Equity | 10/15 | €25,515 | €15,717 | -€9,798 | -38.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | - | -€2,500 | |
| Other | 1109/19 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €23,015 | €13,217 | -€9,798 | -42.6% |
| Amounts payable | 17/49 | €23,296 | €2,412 | -€20,884 | -89.6% |
| Amounts payable within one year | 42/48 | €23,296 | €2,412 | -€20,884 | -89.6% |
| Trade debts | 44 | €5,325 | €57 | -€5,268 | -98.9% |
| Suppliers | 440/4 | €5,325 | €57 | -€5,268 | -98.9% |
| Taxes, remuneration and social security | 45 | €10,971 | €2,355 | -€8,616 | -78.5% |
| Taxes | 450/3 | €10,971 | €2,355 | -€8,616 | -78.5% |
| Other amounts payable | 47/48 | €7,000 | - | -€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,780 | €1,217 | -€564 | -31.7% |
| Other operating charges | 640/8 | - | €36 | +€36 | |
| Gross operating margin | 9900 | €22,299 | -€8,604 | -€30,902 | |
| Operating profit (loss) | 9901 | €20,518 | -€9,857 | -€30,375 | |
| Financial income | 75/76B | - | €154 | +€154 | |
| Recurring financial income | 75 | - | €154 | +€154 | |
| Financial charges | 65/66B | €20 | - | -€20 | |
| Recurring financial charges | 65 | €20 | - | -€20 | |
| Profit (loss) for the period before taxes | 9903 | €20,498 | -€9,702 | -€30,201 | |
| Income taxes | 67/77 | €4,898 | €96 | -€4,802 | -98.0% |
| Profit (loss) for the period | 9904 | €15,601 | -€9,798 | -€25,399 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,601 | -€9,798 | -€25,399 |
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 30 October 2026 via checked.be.