BUREAU TEVEL PICCOLO: what changed
BUREAU TEVEL PICCOLO
Largest movements
- Tangible fixed assets -€184,270
down €184,270 (-89.0%), from €206,939 to €22,669
of which Land and buildings: -€149,600
- Cash -€13,062
down €13,062 (-96.0%), from €13,611 to €549
mainly Trade debts (-€88,146) and Net result for the year (-€83,496)
- Formation expenses -€7,602
down €7,602 (-16.4%), from €46,223 to €38,620
- Trade debts -€88,146
down €88,146 (-78.6%), from €112,078 to €23,933
of which Suppliers: -€46,738
- Profit (loss) carried forward -€83,496
down €83,496, from €37,143 to -€46,354
- Tax, wage and social debts -€36,007
no longer reported in 2024 (was €36,007)
of which Taxes: -€18,229
- Taxes +€34,244
new in 2024: €34,244
- Gross operating margin -€27,745
down €27,745 (-549%), from -€5,051 to -€32,796
- Depreciation -€9,113
down €9,113 (-37.5%), from €24,272 to €15,158
- Other operating charges +€2,086
new in 2024: €2,086
- Financial income -€1,792
no longer reported in 2024 (was €1,792)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €415,529 | €207,434 | -€208,094 | -50.1% |
| Formation expenses | 20 | €46,223 | €38,620 | -€7,602 | -16.4% |
| Fixed assets | 21/28 | €208,858 | €22,669 | -€186,189 | -89.1% |
| Tangible fixed assets | 22/27 | €206,939 | €22,669 | -€184,270 | -89.0% |
| Land and buildings | 22 | €149,600 | - | -€149,600 | |
| Plant, machinery and equipment | 23 | €19,742 | - | -€19,742 | |
| Furniture and vehicles | 24 | €37,596 | €22,669 | -€14,928 | -39.7% |
| Financial fixed assets | 28 | €1,919 | - | -€1,919 | |
| Current assets | 29/58 | €160,448 | €146,145 | -€14,303 | -8.9% |
| Amounts receivable within one year | 40/41 | €146,837 | €145,596 | -€1,241 | -0.8% |
| Trade receivables | 40 | €94,989 | €94,989 | = | 0.0% |
| Other amounts receivable | 41 | €51,848 | €50,607 | -€1,241 | -2.4% |
| Cash at bank and in hand | 54/58 | €13,611 | €549 | -€13,062 | -96.0% |
| Total equity and liabilities | 10/49 | €415,529 | €207,434 | -€208,094 | -50.1% |
| Equity | 10/15 | €263,743 | €180,246 | -€83,496 | -31.7% |
| Contributions | 10/11 | €206,000 | €206,000 | = | 0.0% |
| Capital | 10 | - | €206,000 | +€206,000 | |
| Issued capital | 100 | - | €206,000 | +€206,000 | |
| Reserves | 13 | €20,600 | €20,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,600 | €20,600 | = | 0.0% |
| Legal reserve | 130 | - | €20,600 | +€20,600 | |
| Reserves not available under the articles | 1311 | €20,600 | - | -€20,600 | |
| Profit (loss) carried forward | 14 | €37,143 | -€46,354 | -€83,496 | |
| Amounts payable | 17/49 | €151,786 | €27,188 | -€124,598 | -82.1% |
| Amounts payable within one year | 42/48 | €151,786 | €27,188 | -€124,598 | -82.1% |
| Trade debts | 44 | €112,078 | €23,933 | -€88,146 | -78.6% |
| Suppliers | 440/4 | €70,671 | €23,933 | -€46,738 | -66.1% |
| Bills of exchange payable | 441 | €41,408 | - | -€41,408 | |
| Taxes, remuneration and social security | 45 | €36,007 | - | -€36,007 | |
| Taxes | 450/3 | €18,229 | - | -€18,229 | |
| Remuneration and social security | 454/9 | €17,778 | - | -€17,778 | |
| Other amounts payable | 47/48 | €3,700 | €3,255 | -€445 | -12.0% |
| Non-recurring operating income | 76A | - | €18,286 | +€18,286 | |
| Remuneration, social security and pensions | 62 | - | -€1,481 | -€1,481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,272 | €15,158 | -€9,113 | -37.5% |
| Other operating charges | 640/8 | - | €2,086 | +€2,086 | |
| Gross operating margin | 9900 | -€5,051 | -€32,796 | -€27,745 | -549% |
| Operating profit (loss) | 9901 | -€29,322 | -€48,560 | -€19,238 | -65.6% |
| Financial income | 75/76B | €1,792 | - | -€1,792 | |
| Recurring financial income | 75 | €1,792 | - | -€1,792 | |
| Financial charges | 65/66B | €578 | €693 | +€115 | +19.9% |
| Recurring financial charges | 65 | €578 | €693 | +€115 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,108 | -€49,253 | -€21,145 | -75.2% |
| Income taxes | 67/77 | - | €34,244 | +€34,244 | |
| Profit (loss) for the period | 9904 | -€28,108 | -€83,496 | -€55,388 | -197% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,108 | -€83,496 | -€55,388 | -197% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.