Burgoise: 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.
Burgoise
Largest movements
- Cash -€137,711
down €137,711 (-40.6%), from €338,991 to €201,280
mainly Receivables within one year (-€65,049) and Net result for the year (-€59,790)
- Receivables within one year +€65,049
up €65,049 (+57.1%), from €113,993 to €179,042
of which Other amounts receivable: +€51,635
- Profit (loss) carried forward -€59,790
down €59,790, from €7,919 to -€51,872
- Trade debts -€36,380
down €36,380 (-13.2%), from €276,322 to €239,942
- Tax, wage and social debts +€12,243
up €12,243 (+17.8%), from €68,886 to €81,130
of which Remuneration and social security: +€12,243
- Gross operating margin -€104,584
down €104,584 (-18.4%), from €568,843 to €464,259
- Taxes -€12,657
down €12,657 (-100%), from €12,657 to €0
- Staff costs -€11,786
down €11,786 (-2.3%), from €507,348 to €495,563
- Financial charges +€6,142
up €6,142 (+39.7%), from €15,489 to €21,631
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 | €489,933 | €410,209 | -€79,724 | -16.3% |
| Fixed assets | 21/28 | €6,617 | €8,286 | +€1,669 | +25.2% |
| Intangible fixed assets | 21 | - | €4,157 | +€4,157 | |
| Tangible fixed assets | 22/27 | €6,617 | €4,129 | -€2,488 | -37.6% |
| Plant, machinery and equipment | 23 | €4,823 | €3,667 | -€1,157 | -24.0% |
| Furniture and vehicles | 24 | €1,794 | €462 | -€1,332 | -74.2% |
| Current assets | 29/58 | €483,316 | €401,924 | -€81,392 | -16.8% |
| Stocks and contracts in progress | 3 | €24,731 | €19,997 | -€4,734 | -19.1% |
| Stocks | 30/36 | €24,731 | €19,997 | -€4,734 | -19.1% |
| Amounts receivable within one year | 40/41 | €113,993 | €179,042 | +€65,049 | +57.1% |
| Trade receivables | 40 | €6,917 | €20,330 | +€13,413 | +194% |
| Other amounts receivable | 41 | €107,076 | €158,712 | +€51,635 | +48.2% |
| Cash at bank and in hand | 54/58 | €338,991 | €201,280 | -€137,711 | -40.6% |
| Deferred charges and accrued income | 490/1 | €5,600 | €1,604 | -€3,996 | -71.4% |
| Total equity and liabilities | 10/49 | €489,933 | €410,209 | -€79,724 | -16.3% |
| Equity | 10/15 | €131,902 | €72,112 | -€59,790 | -45.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €92,984 | €92,984 | = | 0.0% |
| Distributable reserves | 133 | €92,984 | €92,984 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,919 | -€51,872 | -€59,790 | |
| Amounts payable | 17/49 | €358,031 | €338,097 | -€19,934 | -5.6% |
| Amounts payable within one year | 42/48 | €351,919 | €329,215 | -€22,704 | -6.5% |
| Trade debts | 44 | €276,322 | €239,942 | -€36,380 | -13.2% |
| Suppliers | 440/4 | €276,322 | €239,942 | -€36,380 | -13.2% |
| Taxes, remuneration and social security | 45 | €68,886 | €81,130 | +€12,243 | +17.8% |
| Taxes | 450/3 | €12,657 | €12,657 | = | 0.0% |
| Remuneration and social security | 454/9 | €56,230 | €68,473 | +€12,243 | +21.8% |
| Other amounts payable | 47/48 | €6,711 | €8,143 | +€1,432 | +21.3% |
| Accrued charges and deferred income | 492/3 | €6,112 | €8,883 | +€2,771 | +45.3% |
| Remuneration, social security and pensions | 62 | €507,348 | €495,563 | -€11,786 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,292 | €3,331 | +€1,039 | +45.3% |
| Other operating charges | 640/8 | €3,483 | €3,680 | +€197 | +5.7% |
| Gross operating margin | 9900 | €568,843 | €464,259 | -€104,584 | -18.4% |
| Operating profit (loss) | 9901 | €55,719 | -€38,315 | -€94,034 | |
| Financial income | 75/76B | - | €156 | +€156 | |
| Recurring financial income | 75 | - | €156 | +€156 | |
| Financial charges | 65/66B | €15,489 | €21,631 | +€6,142 | +39.7% |
| Recurring financial charges | 65 | €15,489 | €21,631 | +€6,142 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €40,229 | -€59,790 | -€100,019 | |
| Income taxes | 67/77 | €12,657 | €0 | -€12,657 | -100% |
| Profit (loss) for the period | 9904 | €27,573 | -€59,790 | -€87,363 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,573 | -€59,790 | -€87,363 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.