BUREAU SEN: 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 SEN
Largest movements
- Receivables within one year -€59,239
down €59,239 (-34.1%), from €173,813 to €114,574
of which Other amounts receivable: -€100,305
- Tangible fixed assets -€49,715
down €49,715 (-20.5%), from €242,731 to €193,016
of which Furniture and vehicles: -€35,054
- Other debts -€30,000
down €30,000 (-25.0%), from €120,000 to €90,000
- Debts after one year -€29,144
down €29,144 (-23.0%), from €126,611 to €97,467
- Tax, wage and social debts -€22,295
down €22,295 (-22.9%), from €97,359 to €75,064
of which Taxes: -€19,461
- Profit (loss) carried forward -€21,242
down €21,242 (-71.6%), from €29,688 to €8,446
- Staff costs +€46,911
up €46,911 (+35.0%), from €134,039 to €180,950
- Gross operating margin +€35,169
up €35,169 (+11.4%), from €307,349 to €342,518
- Depreciation +€6,171
up €6,171 (+12.2%), from €50,701 to €56,872
- Other operating charges -€4,790
down €4,790 (-60.6%), from €7,900 to €3,110
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 | €506,948 | €399,971 | -€106,977 | -21.1% |
| Fixed assets | 21/28 | €244,103 | €193,255 | -€50,849 | -20.8% |
| Intangible fixed assets | 21 | €1,282 | €149 | -€1,133 | -88.4% |
| Tangible fixed assets | 22/27 | €242,731 | €193,016 | -€49,715 | -20.5% |
| Land and buildings | 22 | €126,979 | €112,318 | -€14,661 | -11.5% |
| Furniture and vehicles | 24 | €115,752 | €80,697 | -€35,054 | -30.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €262,845 | €206,716 | -€56,129 | -21.4% |
| Amounts receivable within one year | 40/41 | €173,813 | €114,574 | -€59,239 | -34.1% |
| Trade receivables | 40 | €35,061 | €76,127 | +€41,066 | +117% |
| Other amounts receivable | 41 | €138,752 | €38,447 | -€100,305 | -72.3% |
| Cash at bank and in hand | 54/58 | €83,999 | €87,436 | +€3,436 | +4.1% |
| Deferred charges and accrued income | 490/1 | €5,032 | €4,706 | -€326 | -6.5% |
| Total equity and liabilities | 10/49 | €506,948 | €399,971 | -€106,977 | -21.1% |
| Equity | 10/15 | €121,608 | €100,366 | -€21,242 | -17.5% |
| Reserves | 13 | €91,920 | €91,920 | = | 0.0% |
| Distributable reserves | 133 | €91,920 | €91,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,688 | €8,446 | -€21,242 | -71.6% |
| Amounts payable | 17/49 | €385,339 | €299,605 | -€85,735 | -22.2% |
| Amounts payable after more than one year | 17 | €126,611 | €97,467 | -€29,144 | -23.0% |
| Financial debts | 170/4 | €126,611 | €97,467 | -€29,144 | -23.0% |
| Amounts payable within one year | 42/48 | €258,729 | €202,138 | -€56,591 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €28,452 | €29,144 | +€692 | +2.4% |
| Trade debts | 44 | €12,918 | €7,929 | -€4,988 | -38.6% |
| Suppliers | 440/4 | €12,918 | €7,929 | -€4,988 | -38.6% |
| Taxes, remuneration and social security | 45 | €97,359 | €75,064 | -€22,295 | -22.9% |
| Taxes | 450/3 | €76,564 | €57,103 | -€19,461 | -25.4% |
| Remuneration and social security | 454/9 | €20,795 | €17,961 | -€2,834 | -13.6% |
| Other amounts payable | 47/48 | €120,000 | €90,000 | -€30,000 | -25.0% |
| Remuneration, social security and pensions | 62 | €134,039 | €180,950 | +€46,911 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,701 | €56,872 | +€6,171 | +12.2% |
| Other operating charges | 640/8 | €7,900 | €3,110 | -€4,790 | -60.6% |
| Non-recurring operating charges | 66A | €12,739 | - | -€12,739 | |
| Gross operating margin | 9900 | €307,349 | €342,518 | +€35,169 | +11.4% |
| Operating profit (loss) | 9901 | €101,970 | €101,585 | -€385 | -0.4% |
| Financial income | 75/76B | €0 | €726 | +€726 | +3,628,300% |
| Recurring financial income | 75 | €0 | €726 | +€726 | +3,628,300% |
| Financial charges | 65/66B | €4,502 | €4,356 | -€146 | -3.2% |
| Recurring financial charges | 65 | €4,502 | €4,356 | -€146 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €97,468 | €97,955 | +€487 | +0.5% |
| Income taxes | 67/77 | €28,635 | €29,197 | +€562 | +2.0% |
| Profit (loss) for the period | 9904 | €68,833 | €68,758 | -€75 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,833 | €68,758 | -€75 | -0.1% |
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 14 October 2026 via checked.be.