BURGESPRO: 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.
BURGESPRO
Largest movements
- Current assets -€15,596
down €15,596 (-64.9%), from €24,029 to €8,433
of which Receivables within one year: -€9,866
- Tangible fixed assets -€2,935
down €2,935 (-25.5%), from €11,532 to €8,597
- Debts within one year -€7,968
down €7,968 (-33.9%), from €23,501 to €15,533
- Profit (loss) carried forward -€6,415
down €6,415 (-56.9%), from -€11,278 to -€17,693
- Debts after one year -€4,148
no longer reported in 2019 (was €4,148)
- Gross operating margin -€2,318
down €2,318 (-41.8%), from €5,551 to €3,233
- Depreciation -€59
down €59 (-1.0%), from €5,937 to €5,878
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,561 | €17,030 | -€18,531 | -52.1% |
| Fixed assets | 21/28 | €11,532 | €8,597 | -€2,935 | -25.5% |
| Tangible fixed assets | 22/27 | €11,532 | €8,597 | -€2,935 | -25.5% |
| Current assets | 29/58 | €24,029 | €8,433 | -€15,596 | -64.9% |
| Amounts receivable within one year | 40/41 | €15,375 | €5,509 | -€9,866 | -64.2% |
| Cash at bank and in hand | 54/58 | €7,432 | €1,446 | -€5,986 | -80.5% |
| Total equity and liabilities | 10/49 | €35,561 | €17,030 | -€18,531 | -52.1% |
| Equity | 10/15 | €7,912 | €1,497 | -€6,415 | -81.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €590 | €590 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,278 | -€17,693 | -€6,415 | -56.9% |
| Amounts payable | 17/49 | €27,649 | €15,533 | -€12,116 | -43.8% |
| Amounts payable after more than one year | 17 | €4,148 | - | -€4,148 | |
| Amounts payable within one year | 42/48 | €23,501 | €15,533 | -€7,968 | -33.9% |
| Trade debts | 44 | €9,993 | €1,932 | -€8,061 | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,937 | €5,878 | -€59 | -1.0% |
| Gross operating margin | 9900 | €5,551 | €3,233 | -€2,318 | -41.8% |
| Operating profit (loss) | 9901 | -€1,054 | -€5,467 | -€4,413 | -418.7% |
| Recurring financial charges | 65 | €293 | €810 | +€517 | +176.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,347 | -€6,277 | -€4,930 | -366.0% |
| Income taxes | 67/77 | €133 | €138 | +€5 | +3.8% |
| Profit (loss) for the period | 9904 | -€1,480 | -€6,415 | -€4,935 | -333.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,480 | -€6,415 | -€4,935 | -333.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.