BUREAU PH. COLLIN: 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 PH. COLLIN
Largest movements
- Current investments -€15,097
down €15,097 (-37.7%), from €40,097 to €25,000
- Cash +€2,861
up €2,861 (+34.8%), from €8,221 to €11,081
mainly Current investments (+€15,097) and Net result for the year (+€1,101)
- Tangible fixed assets +€1,876
new in 2025: €1,876
- Trade debts -€12,331
down €12,331 (-96.1%), from €12,828 to €497
- Profit (loss) carried forward +€1,101
up €1,101 (+12.5%), from €8,775 to €9,876
- Gross operating margin +€15,768
up €15,768 (+10.6%), from €148,892 to €164,659
- Staff costs +€8,794
up €8,794 (+5.8%), from €150,509 to €159,304
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 | €55,877 | €45,039 | -€10,838 | -19.4% |
| Fixed assets | 21/28 | - | €1,876 | +€1,876 | |
| Tangible fixed assets | 22/27 | - | €1,876 | +€1,876 | |
| Other tangible fixed assets | 26 | - | €1,876 | +€1,876 | |
| Current assets | 29/58 | €55,877 | €43,163 | -€12,715 | -22.8% |
| Amounts receivable within one year | 40/41 | €5,452 | €5,239 | -€213 | -3.9% |
| Trade receivables | 40 | €1,339 | €0 | -€1,339 | -100% |
| Other amounts receivable | 41 | €4,113 | €5,239 | +€1,126 | +27.4% |
| Current investments | 50/53 | €40,097 | €25,000 | -€15,097 | -37.7% |
| Cash at bank and in hand | 54/58 | €8,221 | €11,081 | +€2,861 | +34.8% |
| Deferred charges and accrued income | 490/1 | €2,108 | €1,842 | -€266 | -12.6% |
| Total equity and liabilities | 10/49 | €55,877 | €45,039 | -€10,838 | -19.4% |
| Equity | 10/15 | €29,235 | €30,336 | +€1,101 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,775 | €9,876 | +€1,101 | +12.5% |
| Amounts payable | 17/49 | €26,642 | €14,703 | -€11,939 | -44.8% |
| Amounts payable within one year | 42/48 | €26,642 | €14,687 | -€11,955 | -44.9% |
| Trade debts | 44 | €12,828 | €497 | -€12,331 | -96.1% |
| Suppliers | 440/4 | €12,828 | €497 | -€12,331 | -96.1% |
| Taxes, remuneration and social security | 45 | €13,814 | €14,190 | +€376 | +2.7% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €13,814 | €14,190 | +€376 | +2.7% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | €150,509 | €159,304 | +€8,794 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €299 | +€299 | |
| Other operating charges | 640/8 | €4,230 | €4,258 | +€27 | +0.6% |
| Gross operating margin | 9900 | €148,892 | €164,659 | +€15,768 | +10.6% |
| Operating profit (loss) | 9901 | -€5,848 | €799 | +€6,647 | |
| Financial income | 75/76B | €377 | €377 | +€1 | +0.2% |
| Recurring financial income | 75 | €377 | €377 | +€1 | +0.2% |
| Financial charges | 65/66B | €92 | €75 | -€17 | -18.0% |
| Recurring financial charges | 65 | €92 | €75 | -€17 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,564 | €1,101 | +€6,665 | |
| Income taxes | 67/77 | €1 | €0 | -€1 | -100% |
| Profit (loss) for the period | 9904 | -€5,565 | €1,101 | +€6,666 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,565 | €1,101 | +€6,666 |
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 22 October 2026 via checked.be.