BUREAU347: what changed
Two fiscal 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.
BUREAU347
Largest movements
- Deferred charges and accrued income -€10,244
down €10,244 (-89.4%), from €11,465 to €1,221
- Tangible fixed assets +€10,116
up €10,116 (+75.5%), from €13,391 to €23,507
- Cash +€4,462
up €4,462 (+680.2%), from €656 to €5,117
mainly Net result for the year (+€56,944) and Tax, wage and social debts (+€11,769)
- Short-term financial debts -€24,483
down €24,483 (-56.3%), from €43,483 to €19,000
- Reserves +€12,350
up €12,350 (+664.0%), from €1,860 to €14,210
of which Distributable reserves: +€12,350
- Tax, wage and social debts +€11,769
up €11,769 (+41.8%), from €28,126 to €39,895
of which Taxes: +€10,796
- Accrued charges and deferred income -€9,400
no longer reported in 2025 (was €9,400)
- Advances received +€8,745
new in 2025: €8,745
- Gross operating margin +€31,544
up €31,544 (+21.0%), from €150,026 to €181,570
- Staff costs +€8,518
up €8,518 (+9.3%), from €91,658 to €100,176
- Taxes +€8,239
up €8,239 (+1744.2%), from €472 to €8,711
- Other operating charges +€1,998
up €1,998 (+177.9%), from €1,123 to €3,121
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.
Cash bridge derived
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 | €132,766 | €138,319 | +€5,553 | +4.2% |
| Fixed assets | 21/28 | €13,391 | €23,507 | +€10,116 | +75.5% |
| Tangible fixed assets | 22/27 | €13,391 | €23,507 | +€10,116 | +75.5% |
| Furniture and vehicles | 24 | €13,391 | €23,507 | +€10,116 | +75.5% |
| Current assets | 29/58 | €119,375 | €114,812 | -€4,563 | -3.8% |
| Amounts receivable within one year | 40/41 | €107,254 | €108,473 | +€1,219 | +1.1% |
| Trade receivables | 40 | €62,814 | €73,258 | +€10,444 | +16.6% |
| Other amounts receivable | 41 | €44,440 | €35,215 | -€9,225 | -20.8% |
| Cash at bank and in hand | 54/58 | €656 | €5,117 | +€4,462 | +680.2% |
| Deferred charges and accrued income | 490/1 | €11,465 | €1,221 | -€10,244 | -89.4% |
| Total equity and liabilities | 10/49 | €132,766 | €138,319 | +€5,553 | +4.2% |
| Equity | 10/15 | €8,110 | €20,460 | +€12,350 | +152.3% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €14,210 | +€12,350 | +664.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €12,350 | +€12,350 | |
| Amounts payable | 17/49 | €124,656 | €117,859 | -€6,797 | -5.5% |
| Amounts payable within one year | 42/48 | €115,256 | €117,859 | +€2,603 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | - | €5,316 | +€5,316 | |
| Financial debts | 43 | €43,483 | €19,000 | -€24,483 | -56.3% |
| Credit institutions | 430/8 | €43,483 | €19,000 | -€24,483 | -56.3% |
| Trade debts | 44 | €12,310 | €13,686 | +€1,376 | +11.2% |
| Suppliers | 440/4 | €12,310 | €13,686 | +€1,376 | +11.2% |
| Advances received on contracts in progress | 46 | - | €8,745 | +€8,745 | |
| Taxes, remuneration and social security | 45 | €28,126 | €39,895 | +€11,769 | +41.8% |
| Taxes | 450/3 | €17,597 | €28,393 | +€10,796 | +61.3% |
| Remuneration and social security | 454/9 | €10,529 | €11,502 | +€974 | +9.2% |
| Other amounts payable | 47/48 | €31,337 | €31,216 | -€121 | -0.4% |
| Accrued charges and deferred income | 492/3 | €9,400 | - | -€9,400 | |
| Remuneration, social security and pensions | 62 | €91,658 | €100,176 | +€8,518 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,163 | €6,210 | +€1,047 | +20.3% |
| Other operating charges | 640/8 | €1,123 | €3,121 | +€1,998 | +177.9% |
| Gross operating margin | 9900 | €150,026 | €181,570 | +€31,544 | +21.0% |
| Operating profit (loss) | 9901 | €52,082 | €72,063 | +€19,981 | +38.4% |
| Financial income | 75/76B | €12 | €105 | +€93 | +807.9% |
| Recurring financial income | 75 | €12 | €105 | +€93 | +807.9% |
| Financial charges | 65/66B | €6,854 | €6,513 | -€341 | -5.0% |
| Recurring financial charges | 65 | €6,854 | €6,513 | -€341 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €45,240 | €65,655 | +€20,415 | +45.1% |
| Income taxes | 67/77 | €472 | €8,711 | +€8,239 | +1744.2% |
| Profit (loss) for the period | 9904 | €44,767 | €56,944 | +€12,177 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,767 | €56,944 | +€12,177 | +27.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.