BUREAU M.B. EXPERT COMPTABLE: 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 M.B. EXPERT COMPTABLE
Largest movements
- Receivables within one year -€126,504
down €126,504 (-90.6%), from €139,652 to €13,148
of which Trade receivables: -€83,772
- Current investments +€65,463
up €65,463 (+57.7%), from €113,397 to €178,859
- Cash -€29,871
down €29,871 (-17.6%), from €169,409 to €139,538
mainly Trade debts (-€107,313) and Current investments (-€65,463)
- Trade debts -€107,313
down €107,313 (-75.2%), from €142,737 to €35,425
- Reserves +€17,000
up €17,000 (+7.0%), from €243,000 to €260,000
of which Distributable reserves: +€17,000
- Gross operating margin -€26,266
down €26,266, from €20,123 to -€6,143
- Financial charges -€23,270
down €23,270, from €6,163 to -€17,107
of which Non-recurring financial charges: -€18,183
- Taxes -€7,007
down €7,007 (-75.8%), from €9,239 to €2,231
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 | €422,532 | €331,545 | -€90,987 | -21.5% |
| Current assets | 29/58 | €422,532 | €331,545 | -€90,987 | -21.5% |
| Amounts receivable within one year | 40/41 | €139,652 | €13,148 | -€126,504 | -90.6% |
| Trade receivables | 40 | €87,883 | €4,111 | -€83,772 | -95.3% |
| Other amounts receivable | 41 | €51,769 | €9,037 | -€42,732 | -82.5% |
| Current investments | 50/53 | €113,397 | €178,859 | +€65,463 | +57.7% |
| Cash at bank and in hand | 54/58 | €169,409 | €139,538 | -€29,871 | -17.6% |
| Deferred charges and accrued income | 490/1 | €75 | - | -€75 | |
| Total equity and liabilities | 10/49 | €422,532 | €331,545 | -€90,987 | -21.5% |
| Equity | 10/15 | €269,552 | €287,403 | +€17,851 | +6.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €243,000 | €260,000 | +€17,000 | +7.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €240,500 | €257,500 | +€17,000 | +7.1% |
| Profit (loss) carried forward | 14 | €1,552 | €2,403 | +€851 | +54.9% |
| Amounts payable | 17/49 | €152,981 | €44,142 | -€108,839 | -71.1% |
| Amounts payable within one year | 42/48 | €152,981 | €44,138 | -€108,842 | -71.1% |
| Trade debts | 44 | €142,737 | €35,425 | -€107,313 | -75.2% |
| Suppliers | 440/4 | €142,737 | €35,425 | -€107,313 | -75.2% |
| Advances received on contracts in progress | 46 | €73 | - | -€73 | |
| Taxes, remuneration and social security | 45 | €10,171 | €7,504 | -€2,667 | -26.2% |
| Taxes | 450/3 | €10,171 | €7,504 | -€2,667 | -26.2% |
| Other amounts payable | 47/48 | - | €1,210 | +€1,210 | |
| Accrued charges and deferred income | 492/3 | €0 | €4 | +€4 | +2,333% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€133 | -€133 | = | 0.0% |
| Gross operating margin | 9900 | €20,123 | -€6,143 | -€26,266 | |
| Operating profit (loss) | 9901 | €20,256 | -€6,010 | -€26,266 | |
| Financial income | 75/76B | €8,828 | €8,986 | +€157 | +1.8% |
| Recurring financial income | 75 | €8,828 | €8,986 | +€157 | +1.8% |
| Financial charges | 65/66B | €6,163 | -€17,107 | -€23,270 | |
| Recurring financial charges | 65 | €6,163 | €1,077 | -€5,086 | -82.5% |
| Non-recurring financial charges | 66B | - | -€18,183 | -€18,183 | |
| Profit (loss) for the period before taxes | 9903 | €22,922 | €20,082 | -€2,839 | -12.4% |
| Income taxes | 67/77 | €9,239 | €2,231 | -€7,007 | -75.8% |
| Profit (loss) for the period | 9904 | €13,683 | €17,851 | +€4,168 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,683 | €17,851 | +€4,168 | +30.5% |
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 21 October 2026 via checked.be.