BURGIO-BRIERS: what changed
BURGIO-BRIERS
Largest movements
- Financial fixed assets +€254,427
up €254,427 (+32.9%), from €773,583 to €1.0m
- Receivables within one year -€252,291
down €252,291 (-87.3%), from €288,884 to €36,593
of which Other amounts receivable: -€256,551
- Tangible fixed assets -€15,628
down €15,628 (-28.8%), from €54,271 to €38,643
of which Leasing and similar rights: -€13,813
- Debts after one year -€87,185
down €87,185 (-19.1%), from €456,357 to €369,172
- Current portion of long-term debt +€74,956
up €74,956 (+608%), from €12,327 to €87,283
- Short-term financial debts -€25,278
no longer reported in 2025 (was €25,278)
- Other debts -€24,869
down €24,869 (-3.3%), from €746,315 to €721,447
- Reserves +€20,010
up €20,010 (+15.5%), from €128,774 to €148,784
- Gross operating margin +€61,502
up €61,502 (+277%), from €22,223 to €83,725
- Financial charges +€32,046
up €32,046 (+197%), from €16,247 to €48,294
of which Financial charges: +€27,138
- Financial income +€9,816
up €9,816 (+61.1%), from €16,062 to €25,878
of which Non-recurring financial income: +€25,335
- Taxes +€4,990
up €4,990 (+989%), from €505 to €5,494
- Other operating charges -€867
down €867 (-18.5%), from €4,678 to €3,810
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 | €1,377,307 | €1,352,470 | -€24,837 | -1.8% |
| Fixed assets | 21/28 | €827,854 | €1,066,653 | +€238,799 | +28.8% |
| Tangible fixed assets | 22/27 | €54,271 | €38,643 | -€15,628 | -28.8% |
| Plant, machinery and equipment | 23 | €2,117 | €1,463 | -€654 | -30.9% |
| Furniture and vehicles | 24 | €2,919 | €1,758 | -€1,160 | -39.8% |
| Leasing and similar rights | 25 | €49,235 | €35,422 | -€13,813 | -28.1% |
| Financial fixed assets | 28 | €773,583 | €1,028,010 | +€254,427 | +32.9% |
| Current assets | 29/58 | €549,454 | €285,817 | -€263,637 | -48.0% |
| Amounts receivable after more than one year | 29 | €248,394 | €248,050 | -€344 | -0.1% |
| Other amounts receivable | 291 | €248,394 | €248,050 | -€344 | -0.1% |
| Amounts receivable within one year | 40/41 | €288,884 | €36,593 | -€252,291 | -87.3% |
| Trade receivables | 40 | €15,570 | €19,830 | +€4,260 | +27.4% |
| Other amounts receivable | 41 | €273,314 | €16,763 | -€256,551 | -93.9% |
| Cash at bank and in hand | 54/58 | €70 | €630 | +€560 | +797% |
| Deferred charges and accrued income | 490/1 | €12,105 | €543 | -€11,562 | -95.5% |
| Total equity and liabilities | 10/49 | €1,377,307 | €1,352,470 | -€24,837 | -1.8% |
| Equity | 10/15 | €114,907 | €151,284 | +€36,377 | +31.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €128,774 | €148,784 | +€20,010 | +15.5% |
| Distributable reserves | 133 | €128,774 | €148,784 | +€20,010 | +15.5% |
| Profit (loss) carried forward | 14 | -€16,367 | €0 | +€16,367 | |
| Amounts payable | 17/49 | €1,262,401 | €1,201,186 | -€61,214 | -4.8% |
| Amounts payable after more than one year | 17 | €456,357 | €369,172 | -€87,185 | -19.1% |
| Financial debts | 170/4 | €456,357 | €369,172 | -€87,185 | -19.1% |
| Amounts payable within one year | 42/48 | €803,918 | €829,889 | +€25,971 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €12,327 | €87,283 | +€74,956 | +608% |
| Financial debts | 43 | €25,278 | - | -€25,278 | |
| Other loans | 439 | €25,278 | - | -€25,278 | |
| Trade debts | 44 | €4,961 | €3,320 | -€1,641 | -33.1% |
| Suppliers | 440/4 | €4,961 | €3,320 | -€1,641 | -33.1% |
| Taxes, remuneration and social security | 45 | €15,037 | €17,839 | +€2,802 | +18.6% |
| Taxes | 450/3 | €15,037 | €17,839 | +€2,802 | +18.6% |
| Other amounts payable | 47/48 | €746,315 | €721,447 | -€24,869 | -3.3% |
| Accrued charges and deferred income | 492/3 | €2,125 | €2,125 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,583 | €15,628 | +€45 | +0.3% |
| Other operating charges | 640/8 | €4,678 | €3,810 | -€867 | -18.5% |
| Gross operating margin | 9900 | €22,223 | €83,725 | +€61,502 | +277% |
| Operating profit (loss) | 9901 | €1,962 | €64,287 | +€62,325 | +3,176% |
| Financial income | 75/76B | €16,062 | €25,878 | +€9,816 | +61.1% |
| Recurring financial income | 75 | €16,062 | €543 | -€15,519 | -96.6% |
| Non-recurring financial income | 76B | - | €25,335 | +€25,335 | |
| Financial charges | 65/66B | €16,247 | €48,294 | +€32,046 | +197% |
| Recurring financial charges | 65 | €16,247 | €43,386 | +€27,138 | +167% |
| Non-recurring financial charges | 66B | €0 | €4,908 | +€4,908 | |
| Profit (loss) for the period before taxes | 9903 | €1,777 | €41,871 | +€40,094 | +2,256% |
| Income taxes | 67/77 | €505 | €5,494 | +€4,990 | +989% |
| Profit (loss) for the period | 9904 | €1,273 | €36,377 | +€35,105 | +2,758% |
| Profit (loss) for the period to be appropriated | 9905 | €1,273 | €36,377 | +€35,105 | +2,758% |
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 2 November 2026 via checked.be.