Bureau-TS: 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-TS
Largest movements
- Deferred charges and accrued income -€56,025
down €56,025 (-95.2%), from €58,866 to €2,840
- Intangible fixed assets -€30,000
down €30,000 (-18.2%), from €165,000 to €135,000
- Cash +€9,654
up €9,654 (+48.7%), from €19,835 to €29,489
mainly Deferred charges and accrued income (+€56,025) and Depreciation (+€32,459)
- Profit (loss) carried forward -€69,767
down €69,767 (-61.7%), from €113,147 to €43,380
- Other debts +€28,921
up €28,921 (+48.5%), from €59,598 to €88,519
- Debts after one year -€21,083
down €21,083 (-66.1%), from €31,912 to €10,829
- Trade debts -€8,526
down €8,526 (-38.9%), from €21,921 to €13,395
- Tax, wage and social debts -€5,521
down €5,521 (-18.6%), from €29,633 to €24,112
of which Taxes: -€5,521
- Gross operating margin -€39,745
down €39,745 (-34.0%), from €116,886 to €77,141
- Taxes -€6,788
down €6,788 (-43.8%), from €15,507 to €8,719
- Financial charges -€4,941
down €4,941 (-49.9%), from €9,903 to €4,961
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 | €285,010 | €207,288 | -€77,722 | -27.3% |
| Fixed assets | 21/28 | €167,354 | €138,433 | -€28,921 | -17.3% |
| Intangible fixed assets | 21 | €165,000 | €135,000 | -€30,000 | -18.2% |
| Tangible fixed assets | 22/27 | €2,310 | €3,390 | +€1,079 | +46.7% |
| Land and buildings | 22 | €0 | €1,711 | +€1,711 | |
| Furniture and vehicles | 24 | €2,310 | €1,679 | -€631 | -27.3% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €117,657 | €68,855 | -€48,802 | -41.5% |
| Amounts receivable within one year | 40/41 | €38,957 | €36,526 | -€2,431 | -6.2% |
| Trade receivables | 40 | €38,942 | €35,245 | -€3,697 | -9.5% |
| Other amounts receivable | 41 | €15 | €1,281 | +€1,266 | +8,476% |
| Cash at bank and in hand | 54/58 | €19,835 | €29,489 | +€9,654 | +48.7% |
| Deferred charges and accrued income | 490/1 | €58,866 | €2,840 | -€56,025 | -95.2% |
| Total equity and liabilities | 10/49 | €285,010 | €207,288 | -€77,722 | -27.3% |
| Equity | 10/15 | €113,247 | €43,480 | -€69,767 | -61.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,147 | €43,380 | -€69,767 | -61.7% |
| Amounts payable | 17/49 | €171,763 | €163,808 | -€7,956 | -4.6% |
| Amounts payable after more than one year | 17 | €31,912 | €10,829 | -€21,083 | -66.1% |
| Financial debts | 170/4 | €31,912 | €10,829 | -€21,083 | -66.1% |
| Amounts payable within one year | 42/48 | €139,851 | €152,979 | +€13,127 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €28,700 | €26,953 | -€1,746 | -6.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €21,921 | €13,395 | -€8,526 | -38.9% |
| Suppliers | 440/4 | €21,921 | €13,395 | -€8,526 | -38.9% |
| Taxes, remuneration and social security | 45 | €29,633 | €24,112 | -€5,521 | -18.6% |
| Taxes | 450/3 | €29,633 | €24,112 | -€5,521 | -18.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €59,598 | €88,519 | +€28,921 | +48.5% |
| Non-recurring operating income | 76A | €34,255 | €6,665 | -€27,589 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,169 | €32,459 | -€709 | -2.1% |
| Other operating charges | 640/8 | €1,948 | €784 | -€1,164 | -59.8% |
| Non-recurring operating charges | 66A | €685 | €121 | -€564 | -82.3% |
| Gross operating margin | 9900 | €116,886 | €77,141 | -€39,745 | -34.0% |
| Operating profit (loss) | 9901 | €81,084 | €43,776 | -€37,307 | -46.0% |
| Financial income | 75/76B | €0 | €137 | +€137 | +684,200% |
| Recurring financial income | 75 | €0 | €137 | +€137 | +684,200% |
| Financial charges | 65/66B | €9,903 | €4,961 | -€4,941 | -49.9% |
| Recurring financial charges | 65 | €9,903 | €4,961 | -€4,941 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €71,181 | €38,952 | -€32,229 | -45.3% |
| Income taxes | 67/77 | €15,507 | €8,719 | -€6,788 | -43.8% |
| Profit (loss) for the period | 9904 | €55,674 | €30,233 | -€25,441 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €55,674 | €30,233 | -€25,441 | -45.7% |
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.