BURG 1457: 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.
BURG 1457
Largest movements
- Tangible fixed assets +€83,270
up €83,270 (+3.5%), from €2.4m to €2.4m
of which Land and buildings: +€1.9m
- Cash +€74,777
up €74,777 (+1,423%), from €5,254 to €80,030
mainly Other debts (+€269,622) and Trade debts (+€171,486)
- Other debts +€269,622
up €269,622 (+32.4%), from €832,913 to €1.1m
- Profit (loss) carried forward -€187,812
down €187,812 (-157%), from -€119,723 to -€307,535
- Trade debts +€171,486
up €171,486 (+2,408%), from €7,121 to €178,607
- Debts after one year -€93,845
down €93,845 (-6.1%), from €1.5m to €1.4m
- Accrued charges and deferred income +€27,982
new in 2025: €27,982
- Gross operating margin -€99,752
down €99,752 (-93.3%), from €106,873 to €7,121
- Financial charges +€31,464
up €31,464 (+71.7%), from €43,879 to €75,343
- Depreciation -€17,718
down €17,718 (-38.2%), from €46,378 to €28,660
- Staff costs +€15,617
up €15,617 (+20.9%), from €74,610 to €90,227
- Other operating charges -€1,190
down €1,190 (-57.1%), from €2,085 to €895
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 | €2,410,552 | €2,578,794 | +€168,243 | +7.0% |
| Fixed assets | 21/28 | €2,355,051 | €2,438,322 | +€83,270 | +3.5% |
| Tangible fixed assets | 22/27 | €2,355,051 | €2,438,322 | +€83,270 | +3.5% |
| Land and buildings | 22 | €197,930 | €2,087,383 | +€1.9m | +955% |
| Plant, machinery and equipment | 23 | €59,372 | €47,555 | -€11,817 | -19.9% |
| Furniture and vehicles | 24 | €11,813 | €10,076 | -€1,737 | -14.7% |
| Other tangible fixed assets | 26 | €1,875,883 | €30,830 | -€1.8m | -98.4% |
| Assets under construction and advance payments | 27 | €210,053 | €262,477 | +€52,424 | +25.0% |
| Current assets | 29/58 | €55,500 | €140,473 | +€84,972 | +153% |
| Stocks and contracts in progress | 3 | €25,000 | €25,000 | = | 0.0% |
| Stocks | 30/36 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,907 | €31,358 | +€6,451 | +25.9% |
| Trade receivables | 40 | €24,477 | €24,516 | +€39 | +0.2% |
| Other amounts receivable | 41 | €430 | €6,842 | +€6,412 | +1,491% |
| Cash at bank and in hand | 54/58 | €5,254 | €80,030 | +€74,777 | +1,423% |
| Deferred charges and accrued income | 490/1 | €340 | €4,085 | +€3,745 | +1,103% |
| Total equity and liabilities | 10/49 | €2,410,552 | €2,578,794 | +€168,243 | +7.0% |
| Equity | 10/15 | -€113,523 | -€301,335 | -€187,812 | -165% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,723 | -€307,535 | -€187,812 | -157% |
| Amounts payable | 17/49 | €2,524,075 | €2,880,130 | +€356,055 | +14.1% |
| Amounts payable after more than one year | 17 | €1,539,948 | €1,446,103 | -€93,845 | -6.1% |
| Financial debts | 170/4 | €1,539,948 | €1,446,103 | -€93,845 | -6.1% |
| Amounts payable within one year | 42/48 | €984,127 | €1,406,045 | +€421,917 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €104,127 | €93,845 | -€10,282 | -9.9% |
| Financial debts | 43 | €9,933 | €1,354 | -€8,579 | -86.4% |
| Credit institutions | 430/8 | €9,933 | €1,354 | -€8,579 | -86.4% |
| Trade debts | 44 | €7,121 | €178,607 | +€171,486 | +2,408% |
| Suppliers | 440/4 | €7,121 | €178,607 | +€171,486 | +2,408% |
| Taxes, remuneration and social security | 45 | €30,033 | €29,704 | -€330 | -1.1% |
| Taxes | 450/3 | €23,737 | €10,607 | -€13,130 | -55.3% |
| Remuneration and social security | 454/9 | €6,296 | €19,097 | +€12,800 | +203% |
| Other amounts payable | 47/48 | €832,913 | €1,102,535 | +€269,622 | +32.4% |
| Accrued charges and deferred income | 492/3 | - | €27,982 | +€27,982 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €74,610 | €90,227 | +€15,617 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,378 | €28,660 | -€17,718 | -38.2% |
| Other operating charges | 640/8 | €2,085 | €895 | -€1,190 | -57.1% |
| Gross operating margin | 9900 | €106,873 | €7,121 | -€99,752 | -93.3% |
| Operating profit (loss) | 9901 | -€16,200 | -€112,662 | -€96,461 | -595% |
| Financial income | 75/76B | €177 | €193 | +€17 | +9.4% |
| Recurring financial income | 75 | €177 | €193 | +€17 | +9.4% |
| Financial charges | 65/66B | €43,879 | €75,343 | +€31,464 | +71.7% |
| Recurring financial charges | 65 | €43,879 | €75,343 | +€31,464 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | -€59,903 | -€187,812 | -€127,909 | -214% |
| Profit (loss) for the period | 9904 | -€59,903 | -€187,812 | -€127,909 | -214% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,903 | -€187,812 | -€127,909 | -214% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.