BURESCO: 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.
What changed
BURESCO
NACE 80.010, Investigation and private security services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,815
2024 · €26,353-€4,538
Equity
€275,356
2024 · €253,541+€21,815
Cash
€41,697
2024 · €58,032-€16,335
Balance sheet total
€804,703
2024 · €791,506+€13,197
Largest movements
Assets
- Stocks and contracts +€46,750
up €46,750 (+30.4%), from €153,546 to €200,297
- Cash -€16,335
down €16,335 (-28.1%), from €58,032 to €41,697
mainly Stocks and contracts (-€46,750) and Debts after one year (-€13,674)
- Tangible fixed assets -€9,619
down €9,619 (-2.7%), from €349,812 to €340,192
of which Land and buildings: -€8,425
- Financial fixed assets -€8,285
down €8,285 (-47.4%), from €17,492 to €9,207
Equity and liabilities
- Reserves +€21,815
up €21,815 (+15.5%), from €140,652 to €162,467
of which Distributable reserves: +€23,675
- Debts after one year -€13,674
down €13,674 (-5.7%), from €239,958 to €226,284
Income statement
- Staff costs +€46,792
up €46,792 (+31.0%), from €151,184 to €197,976
- Gross operating margin +€41,251
up €41,251 (+17.1%), from €240,695 to €281,946
- Other operating charges -€3,467
down €3,467 (-39.1%), from €8,872 to €5,404
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.
Result 2024
€26,353
Gross operating margin
+€41,251
Staff costs
-€46,792
Depreciation
-€724
Write-downs
+€890
Other operating charges
+€3,467
Other operating items
-€2,430
Financial income
+€379
Financial charges
-€1,558
Taxes
+€979
Result 2025
€21,815
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.
From operations
-€6,794
Investment
-€2,007
Financing
-€7,535
Cash 2024
€58,032
From operations (derived)
-€6,794
Net result for the year
+€21,815
Depreciation
+€19,911
Stocks and contracts
-€46,750
Receivables within one year
+€6,722
Deferred charges and accrued income
-€7,409
Trade debts
+€1,791
Tax, wage and social debts
-€5,972
Other debts
+€516
Accrued charges and deferred income
+€2,583
Investment (derived)
-€2,007
Investment in fixed assets (net)
-€2,007
Financing
-€7,535
Debts after one year
-€13,674
Current portion of long-term debt
+€6,139
Cash 2025
€41,697
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €791,506 | €804,703 | +€13,197 | +1.7% |
| Fixed assets | 21/28 | €367,304 | €349,399 | -€17,904 | -4.9% |
| Tangible fixed assets | 22/27 | €349,812 | €340,192 | -€9,619 | -2.7% |
| Land and buildings | 22 | €278,889 | €270,463 | -€8,425 | -3.0% |
| Plant, machinery and equipment | 23 | €27,316 | €26,723 | -€593 | -2.2% |
| Furniture and vehicles | 24 | €22,142 | €24,100 | +€1,958 | +8.8% |
| Other tangible fixed assets | 26 | €21,465 | €18,906 | -€2,559 | -11.9% |
| Financial fixed assets | 28 | €17,492 | €9,207 | -€8,285 | -47.4% |
| Current assets | 29/58 | €424,202 | €455,304 | +€31,102 | +7.3% |
| Stocks and contracts in progress | 3 | €153,546 | €200,297 | +€46,750 | +30.4% |
| Stocks | 30/36 | €153,546 | €200,297 | +€46,750 | +30.4% |
| Amounts receivable within one year | 40/41 | €190,771 | €184,049 | -€6,722 | -3.5% |
| Trade receivables | 40 | €190,771 | €175,049 | -€15,722 | -8.2% |
| Other amounts receivable | 41 | €0 | €9,000 | +€9,000 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €58,032 | €41,697 | -€16,335 | -28.1% |
| Deferred charges and accrued income | 490/1 | €21,852 | €29,261 | +€7,409 | +33.9% |
| Total equity and liabilities | 10/49 | €791,506 | €804,703 | +€13,197 | +1.7% |
| Equity | 10/15 | €253,541 | €275,356 | +€21,815 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,652 | €162,467 | +€21,815 | +15.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €18,475 | €18,475 | = | 0.0% |
| Distributable reserves | 133 | €120,317 | €143,992 | +€23,675 | +19.7% |
| Profit (loss) carried forward | 14 | €94,289 | €94,289 | = | 0.0% |
| Amounts payable | 17/49 | €537,965 | €529,347 | -€8,618 | -1.6% |
| Amounts payable after more than one year | 17 | €239,958 | €226,284 | -€13,674 | -5.7% |
| Financial debts | 170/4 | €239,958 | €226,284 | -€13,674 | -5.7% |
| Amounts payable within one year | 42/48 | €286,443 | €288,917 | +€2,473 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €15,375 | €21,514 | +€6,139 | +39.9% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €23,578 | €25,369 | +€1,791 | +7.6% |
| Suppliers | 440/4 | €23,578 | €25,369 | +€1,791 | +7.6% |
| Taxes, remuneration and social security | 45 | €81,050 | €75,077 | -€5,972 | -7.4% |
| Taxes | 450/3 | €47,979 | €41,266 | -€6,713 | -14.0% |
| Remuneration and social security | 454/9 | €33,070 | €33,811 | +€741 | +2.2% |
| Other amounts payable | 47/48 | €41,440 | €41,956 | +€516 | +1.2% |
| Accrued charges and deferred income | 492/3 | €11,564 | €14,146 | +€2,583 | +22.3% |
| Remuneration, social security and pensions | 62 | €151,184 | €197,976 | +€46,792 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,187 | €19,911 | +€724 | +3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €445 | -€445 | -€890 | |
| Other operating charges | 640/8 | €8,872 | €5,404 | -€3,467 | -39.1% |
| Non-recurring operating charges | 66A | €0 | €2,430 | +€2,430 | |
| Gross operating margin | 9900 | €240,695 | €281,946 | +€41,251 | +17.1% |
| Operating profit (loss) | 9901 | €61,008 | €56,670 | -€4,338 | -7.1% |
| Financial income | 75/76B | €1 | €379 | +€379 | +67658.9% |
| Recurring financial income | 75 | €1 | €379 | +€379 | +67658.9% |
| Financial charges | 65/66B | €20,050 | €21,607 | +€1,558 | +7.8% |
| Recurring financial charges | 65 | €20,050 | €21,607 | +€1,558 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €40,959 | €35,442 | -€5,517 | -13.5% |
| Income taxes | 67/77 | €14,606 | €13,627 | -€979 | -6.7% |
| Profit (loss) for the period | 9904 | €26,353 | €21,815 | -€4,538 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,353 | €21,815 | -€4,538 | -17.2% |
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 9 October 2026 via checked.be.