BURGALUX: 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.
BURGALUX
Largest movements
- Tangible fixed assets +€29,004
up €29,004 (+7.8%), from €371,634 to €400,638
of which Furniture and vehicles: +€43,877
- Cash -€15,397
down €15,397 (-3.8%), from €402,602 to €387,205
mainly Other debts (-€76,325) and Investment in fixed assets (net) (-€53,450)
- Other debts -€76,325
down €76,325 (-34.3%), from €222,622 to €146,296
- Reserves +€60,000
up €60,000 (+50.5%), from €118,832 to €178,832
of which Distributable reserves: +€60,000
- Tax, wage and social debts +€26,929
up €26,929 (+509%), from €5,286 to €32,216
- Trade debts -€19,381
down €19,381 (-47.9%), from €40,490 to €21,110
- Debts after one year +€19,000
new in 2025: €19,000
- Gross operating margin +€33,386
up €33,386 (+32.4%), from €103,149 to €136,534
- Taxes +€20,922
up €20,922 (+160%), from €13,108 to €34,030
- Financial charges -€17,827
down €17,827 (-94.2%), from €18,917 to €1,090
- Financial income -€4,248
down €4,248 (-41.3%), from €10,295 to €6,047
- Depreciation +€1,384
up €1,384 (+6.0%), from €23,061 to €24,446
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 | €783,910 | €795,418 | +€11,508 | +1.5% |
| Fixed assets | 21/28 | €371,634 | €400,638 | +€29,004 | +7.8% |
| Tangible fixed assets | 22/27 | €371,634 | €400,638 | +€29,004 | +7.8% |
| Land and buildings | 22 | €370,391 | €355,518 | -€14,873 | -4.0% |
| Furniture and vehicles | 24 | €1,243 | €45,120 | +€43,877 | +3,531% |
| Current assets | 29/58 | €412,277 | €394,780 | -€17,497 | -4.2% |
| Amounts receivable within one year | 40/41 | €6,476 | €2,457 | -€4,018 | -62.1% |
| Trade receivables | 40 | €1,443 | €2,359 | +€916 | +63.5% |
| Other amounts receivable | 41 | €5,033 | €98 | -€4,934 | -98.0% |
| Cash at bank and in hand | 54/58 | €402,602 | €387,205 | -€15,397 | -3.8% |
| Deferred charges and accrued income | 490/1 | €3,199 | €5,117 | +€1,919 | +60.0% |
| Total equity and liabilities | 10/49 | €783,910 | €795,418 | +€11,508 | +1.5% |
| Equity | 10/15 | €502,923 | €564,157 | +€61,234 | +12.2% |
| Contributions | 10/11 | €212,000 | €212,000 | = | 0.0% |
| Reserves | 13 | €118,832 | €178,832 | +€60,000 | +50.5% |
| Non-distributable reserves | 130/1 | €33,201 | €33,201 | = | 0.0% |
| Other | 1319 | €33,201 | €33,201 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,122 | €13,122 | = | 0.0% |
| Distributable reserves | 133 | €72,508 | €132,508 | +€60,000 | +82.7% |
| Profit (loss) carried forward | 14 | €172,091 | €173,326 | +€1,234 | +0.7% |
| Amounts payable | 17/49 | €280,988 | €231,261 | -€49,727 | -17.7% |
| Amounts payable after more than one year | 17 | - | €19,000 | +€19,000 | |
| Financial debts | 170/4 | - | €19,000 | +€19,000 | |
| Amounts payable within one year | 42/48 | €268,399 | €205,622 | -€62,777 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,000 | +€6,000 | |
| Trade debts | 44 | €40,490 | €21,110 | -€19,381 | -47.9% |
| Suppliers | 440/4 | €40,490 | €21,110 | -€19,381 | -47.9% |
| Taxes, remuneration and social security | 45 | €5,286 | €32,216 | +€26,929 | +509% |
| Taxes | 450/3 | €5,286 | €32,216 | +€26,929 | +509% |
| Other amounts payable | 47/48 | €222,622 | €146,296 | -€76,325 | -34.3% |
| Accrued charges and deferred income | 492/3 | €12,589 | €6,639 | -€5,950 | -47.3% |
| Non-recurring operating income | 76A | - | €10,066 | +€10,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,061 | €24,446 | +€1,384 | +6.0% |
| Other operating charges | 640/8 | €21,137 | €21,782 | +€644 | +3.0% |
| Gross operating margin | 9900 | €103,149 | €136,534 | +€33,386 | +32.4% |
| Operating profit (loss) | 9901 | €58,950 | €90,307 | +€31,357 | +53.2% |
| Financial income | 75/76B | €10,295 | €6,047 | -€4,248 | -41.3% |
| Recurring financial income | 75 | €10,295 | €6,047 | -€4,248 | -41.3% |
| Financial charges | 65/66B | €18,917 | €1,090 | -€17,827 | -94.2% |
| Recurring financial charges | 65 | €18,917 | €1,090 | -€17,827 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €50,328 | €95,264 | +€44,936 | +89.3% |
| Income taxes | 67/77 | €13,108 | €34,030 | +€20,922 | +160% |
| Profit (loss) for the period | 9904 | €37,220 | €61,234 | +€24,015 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,220 | €61,234 | +€24,015 | +64.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.