BURECO: 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.
BURECO
Largest movements
- Cash -€7,007
down €7,007 (-19.1%), from €36,694 to €29,687
mainly Tax, wage and social debts (-€3,052) and Contributions, distributions and other (-€2,143)
- Deferred charges and accrued income +€1,721
new in 2025: €1,721
- Receivables within one year +€1,304
up €1,304 (+7.5%), from €17,296 to €18,600
- Tangible fixed assets -€991
down €991 (-33.4%), from €2,966 to €1,975
of which Plant, machinery and equipment: -€768
- Tax, wage and social debts -€3,052
down €3,052 (-36.9%), from €8,271 to €5,219
of which Remuneration and social security: -€1,983
- Profit (loss) carried forward -€1,620
down €1,620 (-96.2%), from -€1,683 to -€3,303
- Trade debts -€1,159
down €1,159 (-39.1%), from €2,963 to €1,805
- Other debts +€857
up €857 (+133.3%), from €643 to €1,500
- Gross operating margin -€2,655
down €2,655 (-12.8%), from €20,716 to €18,061
- Taxes -€2,581
down €2,581 (-99.2%), from €2,601 to €20
- Staff costs +€759
up €759 (+5.1%), from €14,873 to €15,632
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 | €57,549 | €52,576 | -€4,973 | -8.6% |
| Fixed assets | 21/28 | €3,559 | €2,568 | -€991 | -27.8% |
| Tangible fixed assets | 22/27 | €2,966 | €1,975 | -€991 | -33.4% |
| Plant, machinery and equipment | 23 | €2,743 | €1,975 | -€768 | -28.0% |
| Furniture and vehicles | 24 | €223 | - | -€223 | |
| Financial fixed assets | 28 | €593 | €593 | = | 0.0% |
| Current assets | 29/58 | €53,990 | €50,007 | -€3,982 | -7.4% |
| Amounts receivable within one year | 40/41 | €17,296 | €18,600 | +€1,304 | +7.5% |
| Trade receivables | 40 | €17,296 | €18,600 | +€1,304 | +7.5% |
| Cash at bank and in hand | 54/58 | €36,694 | €29,687 | -€7,007 | -19.1% |
| Deferred charges and accrued income | 490/1 | - | €1,721 | +€1,721 | |
| Total equity and liabilities | 10/49 | €57,549 | €52,576 | -€4,973 | -8.6% |
| Equity | 10/15 | €45,671 | €44,052 | -€1,620 | -3.5% |
| Contributions | 10/11 | €26,876 | €26,876 | = | 0.0% |
| Reserves | 13 | €20,478 | €20,478 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,078 | €17,078 | = | 0.0% |
| Distributable reserves | 133 | €3,400 | €3,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,683 | -€3,303 | -€1,620 | -96.2% |
| Amounts payable | 17/49 | €11,877 | €8,524 | -€3,353 | -28.2% |
| Amounts payable within one year | 42/48 | €11,877 | €8,524 | -€3,353 | -28.2% |
| Trade debts | 44 | €2,963 | €1,805 | -€1,159 | -39.1% |
| Suppliers | 440/4 | €2,963 | €1,805 | -€1,159 | -39.1% |
| Taxes, remuneration and social security | 45 | €8,271 | €5,219 | -€3,052 | -36.9% |
| Taxes | 450/3 | €5,474 | €4,405 | -€1,069 | -19.5% |
| Remuneration and social security | 454/9 | €2,797 | €814 | -€1,983 | -70.9% |
| Other amounts payable | 47/48 | €643 | €1,500 | +€857 | +133.3% |
| Remuneration, social security and pensions | 62 | €14,873 | €15,632 | +€759 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €991 | €991 | = | 0.0% |
| Other operating charges | 640/8 | €819 | €834 | +€14 | +1.8% |
| Gross operating margin | 9900 | €20,716 | €18,061 | -€2,655 | -12.8% |
| Operating profit (loss) | 9901 | €4,033 | €605 | -€3,428 | -85.0% |
| Financial income | 75/76B | €163 | €39 | -€125 | -76.4% |
| Recurring financial income | 75 | €163 | €39 | -€125 | -76.4% |
| Non-recurring financial income | 76B | €163 | €39 | -€125 | -76.4% |
| Financial charges | 65/66B | €192 | €100 | -€92 | -48.1% |
| Recurring financial charges | 65 | €36 | €36 | +€0 | +0.9% |
| Non-recurring financial charges | 66B | €156 | €63 | -€93 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €4,004 | €544 | -€3,460 | -86.4% |
| Income taxes | 67/77 | €2,601 | €20 | -€2,581 | -99.2% |
| Profit (loss) for the period | 9904 | €1,403 | €523 | -€879 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,403 | €523 | -€879 | -62.7% |
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.