BUREAU GERARD - EXPERTISES: 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 GERARD - EXPERTISES
Largest movements
- Receivables within one year +€276,187
up €276,187 (+163%), from €169,837 to €446,024
of which Other amounts receivable: +€153,935
- Cash -€250,238
down €250,238 (-94.3%), from €265,382 to €15,144
mainly Receivables within one year (-€276,187) and Net result for the year (-€15,291)
- Intangible fixed assets -€5,780
down €5,780 (-57.1%), from €10,115 to €4,335
- Trade debts +€31,785
up €31,785 (+1,450%), from €2,192 to €33,977
- Profit (loss) carried forward -€15,291
down €15,291 (-3.8%), from €400,072 to €384,782
- Tax, wage and social debts +€15,064
up €15,064 (+271%), from €5,561 to €20,626
of which Taxes: +€17,227
- Current portion of long-term debt -€11,767
no longer reported in 2025 (was €11,767)
- Gross operating margin -€40,047
down €40,047, from €33,456 to -€6,591
- Staff costs -€11,253
down €11,253, from €8,948 to -€2,305
- Taxes -€7,000
down €7,000 (-87.5%), from €8,000 to €1,000
- Financial income +€2,471
up €2,471 (+32,343%), from €8 to €2,479
- Other operating charges +€1,873
up €1,873 (+190%), from €985 to €2,858
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 | €448,776 | €468,568 | +€19,792 | +4.4% |
| Fixed assets | 21/28 | €13,098 | €7,325 | -€5,773 | -44.1% |
| Intangible fixed assets | 21 | €10,115 | €4,335 | -€5,780 | -57.1% |
| Tangible fixed assets | 22/27 | €2,314 | €2,321 | +€7 | +0.3% |
| Furniture and vehicles | 24 | €2,314 | €2,321 | +€7 | +0.3% |
| Financial fixed assets | 28 | €669 | €669 | = | 0.0% |
| Current assets | 29/58 | €435,678 | €461,243 | +€25,565 | +5.9% |
| Amounts receivable within one year | 40/41 | €169,837 | €446,024 | +€276,187 | +163% |
| Trade receivables | 40 | €3,455 | €125,707 | +€122,251 | +3,538% |
| Other amounts receivable | 41 | €166,382 | €320,317 | +€153,935 | +92.5% |
| Cash at bank and in hand | 54/58 | €265,382 | €15,144 | -€250,238 | -94.3% |
| Deferred charges and accrued income | 490/1 | €459 | €75 | -€384 | -83.7% |
| Total equity and liabilities | 10/49 | €448,776 | €468,568 | +€19,792 | +4.4% |
| Equity | 10/15 | €419,245 | €403,954 | -€15,291 | -3.6% |
| Contributions | 10/11 | €19,173 | €19,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | €400,072 | €384,782 | -€15,291 | -3.8% |
| Amounts payable | 17/49 | €29,531 | €64,613 | +€35,083 | +119% |
| Amounts payable after more than one year | 17 | €10,011 | €10,011 | = | 0.0% |
| Financial debts | 170/4 | €10,011 | €10,011 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,520 | €54,603 | +€35,083 | +180% |
| Current portion of amounts payable after more than one year | 42 | €11,767 | - | -€11,767 | |
| Trade debts | 44 | €2,192 | €33,977 | +€31,785 | +1,450% |
| Suppliers | 440/4 | €2,192 | €33,977 | +€31,785 | +1,450% |
| Taxes, remuneration and social security | 45 | €5,561 | €20,626 | +€15,064 | +271% |
| Taxes | 450/3 | €2,999 | €20,226 | +€17,227 | +574% |
| Remuneration and social security | 454/9 | €2,563 | €400 | -€2,163 | -84.4% |
| Remuneration, social security and pensions | 62 | €8,948 | -€2,305 | -€11,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,208 | €7,578 | -€630 | -7.7% |
| Other operating charges | 640/8 | €985 | €2,858 | +€1,873 | +190% |
| Gross operating margin | 9900 | €33,456 | -€6,591 | -€40,047 | |
| Operating profit (loss) | 9901 | €15,314 | -€14,723 | -€30,038 | |
| Financial income | 75/76B | €8 | €2,479 | +€2,471 | +32,343% |
| Recurring financial income | 75 | €8 | €2,479 | +€2,471 | +32,343% |
| Financial charges | 65/66B | €2,307 | €2,046 | -€261 | -11.3% |
| Recurring financial charges | 65 | €2,307 | €2,046 | -€261 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €13,015 | -€14,290 | -€27,305 | |
| Income taxes | 67/77 | €8,000 | €1,000 | -€7,000 | -87.5% |
| Profit (loss) for the period | 9904 | €5,015 | -€15,291 | -€20,306 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,015 | -€15,291 | -€20,306 |
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.