bureau50: 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.
bureau50
Largest movements
- Receivables within one year -€30,077
down €30,077 (-74.5%), from €40,394 to €10,317
of which Trade receivables: -€28,477
- Cash -€25,551
down €25,551 (-77.2%), from €33,115 to €7,565
mainly Debts after one year (-€26,316) and Trade debts (-€21,519)
- Intangible fixed assets -€20,525
down €20,525 (-41.3%), from €49,726 to €29,200
- Deferred charges and accrued income +€6,000
new in 2025: €6,000
- Debts after one year -€26,316
down €26,316 (-80.0%), from €32,895 to €6,579
- Trade debts -€21,519
down €21,519 (-68.8%), from €31,296 to €9,777
- Profit (loss) carried forward -€21,013
down €21,013 (-292%), from -€7,192 to -€28,205
- Short-term financial debts +€5,000
new in 2025: €5,000
- Tax, wage and social debts -€4,798
down €4,798 (-66.1%), from €7,258 to €2,460
- Gross operating margin -€21,894
down €21,894 (-79.5%), from €27,552 to €5,658
- Financial income -€3,046
down €3,046 (-99.0%), from €3,077 to €31
- Depreciation +€373
up €373 (+1.7%), from €21,420 to €21,793
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 | €125,926 | €55,986 | -€69,940 | -55.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €51,661 | €31,349 | -€20,312 | -39.3% |
| Intangible fixed assets | 21 | €49,726 | €29,200 | -€20,525 | -41.3% |
| Tangible fixed assets | 22/27 | €1,935 | €2,149 | +€214 | +11.0% |
| Furniture and vehicles | 24 | €1,935 | €2,149 | +€214 | +11.0% |
| Current assets | 29/58 | €74,265 | €24,637 | -€49,628 | -66.8% |
| Stocks and contracts in progress | 3 | €756 | €756 | = | 0.0% |
| Stocks | 30/36 | €756 | €756 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,394 | €10,317 | -€30,077 | -74.5% |
| Trade receivables | 40 | €38,766 | €10,289 | -€28,477 | -73.5% |
| Other amounts receivable | 41 | €1,628 | €28 | -€1,600 | -98.3% |
| Cash at bank and in hand | 54/58 | €33,115 | €7,565 | -€25,551 | -77.2% |
| Deferred charges and accrued income | 490/1 | - | €6,000 | +€6,000 | |
| Total equity and liabilities | 10/49 | €125,926 | €55,986 | -€69,940 | -55.5% |
| Equity | 10/15 | €22,808 | €1,795 | -€21,013 | -92.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,192 | -€28,205 | -€21,013 | -292% |
| Amounts payable | 17/49 | €103,118 | €54,191 | -€48,926 | -47.4% |
| Amounts payable after more than one year | 17 | €32,895 | €6,579 | -€26,316 | -80.0% |
| Financial debts | 170/4 | €32,895 | €6,579 | -€26,316 | -80.0% |
| Amounts payable within one year | 42/48 | €68,423 | €47,612 | -€20,811 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €26,316 | €26,316 | = | 0.0% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Other loans | 439 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €31,296 | €9,777 | -€21,519 | -68.8% |
| Suppliers | 440/4 | €31,296 | €9,777 | -€21,519 | -68.8% |
| Taxes, remuneration and social security | 45 | €7,258 | €2,460 | -€4,798 | -66.1% |
| Taxes | 450/3 | €7,258 | €2,460 | -€4,798 | -66.1% |
| Other amounts payable | 47/48 | €3,553 | €4,059 | +€507 | +14.3% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,420 | €21,793 | +€373 | +1.7% |
| Other operating charges | 640/8 | €385 | €387 | +€3 | +0.7% |
| Non-recurring operating charges | 66A | - | €3,058 | +€3,058 | |
| Gross operating margin | 9900 | €27,552 | €5,658 | -€21,894 | -79.5% |
| Operating profit (loss) | 9901 | €5,747 | -€19,580 | -€25,328 | |
| Financial income | 75/76B | €3,077 | €31 | -€3,046 | -99.0% |
| Recurring financial income | 75 | €3,077 | €31 | -€3,046 | -99.0% |
| Financial charges | 65/66B | €1,613 | €1,462 | -€152 | -9.4% |
| Recurring financial charges | 65 | €1,613 | €1,462 | -€152 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €7,211 | -€21,011 | -€28,222 | |
| Income taxes | 67/77 | €0 | €2 | +€2 | |
| Profit (loss) for the period | 9904 | €7,211 | -€21,013 | -€28,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,211 | -€21,013 | -€28,224 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.