BURGHOORN HOLDING: what changed
BURGHOORN HOLDING
Largest movements
- Receivables within one year +€139,818
up €139,818 (+152%), from €91,722 to €231,540
- Cash -€45,714
down €45,714 (-83.8%), from €54,539 to €8,825
mainly Receivables within one year (-€139,818) and Investment in fixed assets (net) (-€9,257)
- Receivables after one year -€21,000
down €21,000 (-100%), from €21,000 to €0
- Tangible fixed assets +€5,142
up €5,142 (+42.1%), from €12,216 to €17,358
- Deferred charges and accrued income +€4,187
up €4,187 (+75.1%), from €5,576 to €9,763
- Reserves +€49,823
up €49,823 (+39.5%), from €126,245 to €176,069
- Short-term financial debts +€18,000
new in 2025: €18,000
- Profit (loss) carried forward +€9,966
up €9,966 (+20.0%), from €49,823 to €59,789
- Trade debts +€3,839
up €3,839 (+198%), from €1,943 to €5,782
- Gross operating margin +€8,582
up €8,582 (+13.2%), from €64,835 to €73,417
- Financial income +€3,789
up €3,789 (+73.9%), from €5,127 to €8,916
- Depreciation +€3,152
up €3,152 (+327%), from €963 to €4,115
- Taxes -€1,093
down €1,093 (-6.5%), from €16,829 to €15,737
- Other operating charges +€866
up €866 (+116%), from €750 to €1,616
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,053 | €267,486 | +€82,434 | +44.5% |
| Fixed assets | 21/28 | €12,216 | €17,358 | +€5,142 | +42.1% |
| Tangible fixed assets | 22/27 | €12,216 | €17,358 | +€5,142 | +42.1% |
| Furniture and vehicles | 24 | €12,216 | €17,358 | +€5,142 | +42.1% |
| Current assets | 29/58 | €172,837 | €250,128 | +€77,291 | +44.7% |
| Amounts receivable after more than one year | 29 | €21,000 | €0 | -€21,000 | -100% |
| Other amounts receivable | 291 | €21,000 | €0 | -€21,000 | -100% |
| Amounts receivable within one year | 40/41 | €91,722 | €231,540 | +€139,818 | +152% |
| Other amounts receivable | 41 | €91,722 | €231,540 | +€139,818 | +152% |
| Cash at bank and in hand | 54/58 | €54,539 | €8,825 | -€45,714 | -83.8% |
| Deferred charges and accrued income | 490/1 | €5,576 | €9,763 | +€4,187 | +75.1% |
| Total equity and liabilities | 10/49 | €185,053 | €267,486 | +€82,434 | +44.5% |
| Equity | 10/15 | €181,069 | €240,858 | +€59,789 | +33.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €126,245 | €176,069 | +€49,823 | +39.5% |
| Distributable reserves | 133 | €126,245 | €176,069 | +€49,823 | +39.5% |
| Profit (loss) carried forward | 14 | €49,823 | €59,789 | +€9,966 | +20.0% |
| Amounts payable | 17/49 | €3,984 | €26,629 | +€22,644 | +568% |
| Amounts payable within one year | 42/48 | €3,772 | €26,628 | +€22,856 | +606% |
| Financial debts | 43 | - | €18,000 | +€18,000 | |
| Credit institutions | 430/8 | - | €18,000 | +€18,000 | |
| Trade debts | 44 | €1,943 | €5,782 | +€3,839 | +198% |
| Suppliers | 440/4 | €1,943 | €5,782 | +€3,839 | +198% |
| Taxes, remuneration and social security | 45 | €1,829 | €2,846 | +€1,017 | +55.6% |
| Taxes | 450/3 | €1,829 | €2,846 | +€1,017 | +55.6% |
| Accrued charges and deferred income | 492/3 | €212 | €0 | -€211 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €963 | €4,115 | +€3,152 | +327% |
| Other operating charges | 640/8 | €750 | €1,616 | +€866 | +116% |
| Gross operating margin | 9900 | €64,835 | €73,417 | +€8,582 | +13.2% |
| Operating profit (loss) | 9901 | €63,122 | €67,686 | +€4,564 | +7.2% |
| Financial income | 75/76B | €5,127 | €8,916 | +€3,789 | +73.9% |
| Recurring financial income | 75 | €5,127 | €8,916 | +€3,789 | +73.9% |
| Financial charges | 65/66B | €1,596 | €1,076 | -€520 | -32.6% |
| Recurring financial charges | 65 | €1,596 | €1,076 | -€520 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €66,652 | €75,526 | +€8,873 | +13.3% |
| Income taxes | 67/77 | €16,829 | €15,737 | -€1,093 | -6.5% |
| Profit (loss) for the period | 9904 | €49,823 | €59,789 | +€9,966 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,823 | €59,789 | +€9,966 | +20.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.