BURGONDIA: 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.
BURGONDIA
Largest movements
- Tangible fixed assets -€21,463
down €21,463 (-5.2%), from €410,136 to €388,674
of which Land and buildings: -€22,348
- Cash +€16,429
up €16,429 (+39.2%), from €41,912 to €58,341
mainly Depreciation (+€33,208) and Net result for the year (+€8,678)
- Other debts -€9,159
down €9,159 (-21.5%), from €42,607 to €33,448
- Reserves +€8,600
up €8,600 (+2.3%), from €377,362 to €385,962
of which Distributable reserves: +€8,600
- Gross operating margin -€12,050
down €12,050 (-24.2%), from €49,696 to €37,646
- Financial income +€7,089
up €7,089 (+66.9%), from €10,589 to €17,679
- Taxes -€2,290
down €2,290 (-29.6%), from €7,724 to €5,434
- Depreciation +€1,078
up €1,078 (+3.4%), from €32,130 to €33,208
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 | €727,594 | €728,537 | +€943 | +0.1% |
| Fixed assets | 21/28 | €410,136 | €388,674 | -€21,463 | -5.2% |
| Tangible fixed assets | 22/27 | €410,136 | €388,674 | -€21,463 | -5.2% |
| Land and buildings | 22 | €409,228 | €386,880 | -€22,348 | -5.5% |
| Plant, machinery and equipment | 23 | €908 | €1,794 | +€886 | +97.6% |
| Current assets | 29/58 | €317,458 | €339,863 | +€22,405 | +7.1% |
| Amounts receivable within one year | 40/41 | €2,026 | €1,807 | -€219 | -10.8% |
| Trade receivables | 40 | €878 | €1,807 | +€929 | +106% |
| Other amounts receivable | 41 | €1,148 | €0 | -€1,148 | -100% |
| Current investments | 50/53 | €272,395 | €274,700 | +€2,305 | +0.8% |
| Cash at bank and in hand | 54/58 | €41,912 | €58,341 | +€16,429 | +39.2% |
| Deferred charges and accrued income | 490/1 | €1,125 | €5,016 | +€3,890 | +346% |
| Total equity and liabilities | 10/49 | €727,594 | €728,537 | +€943 | +0.1% |
| Equity | 10/15 | €677,472 | €686,149 | +€8,678 | +1.3% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €377,362 | €385,962 | +€8,600 | +2.3% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €347,362 | €355,962 | +€8,600 | +2.5% |
| Profit (loss) carried forward | 14 | €110 | €188 | +€78 | +70.9% |
| Amounts payable | 17/49 | €50,122 | €42,387 | -€7,735 | -15.4% |
| Amounts payable after more than one year | 17 | €1,310 | €1,310 | = | 0.0% |
| Other amounts payable | 178/9 | €1,310 | €1,310 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,592 | €38,693 | -€8,899 | -18.7% |
| Trade debts | 44 | €0 | €5,114 | +€5,114 | |
| Suppliers | 440/4 | €0 | €5,114 | +€5,114 | |
| Taxes, remuneration and social security | 45 | €4,985 | €131 | -€4,854 | -97.4% |
| Taxes | 450/3 | €4,985 | €131 | -€4,854 | -97.4% |
| Other amounts payable | 47/48 | €42,607 | €33,448 | -€9,159 | -21.5% |
| Accrued charges and deferred income | 492/3 | €1,221 | €2,385 | +€1,164 | +95.3% |
| Non-recurring operating income | 76A | €19,520 | €0 | -€19,520 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,130 | €33,208 | +€1,078 | +3.4% |
| Other operating charges | 640/8 | €7,093 | €7,017 | -€77 | -1.1% |
| Non-recurring operating charges | 66A | €912 | €0 | -€912 | -100% |
| Gross operating margin | 9900 | €49,696 | €37,646 | -€12,050 | -24.2% |
| Operating profit (loss) | 9901 | €9,560 | -€2,579 | -€12,139 | |
| Financial income | 75/76B | €10,589 | €17,679 | +€7,089 | +66.9% |
| Recurring financial income | 75 | €10,589 | €17,679 | +€7,089 | +66.9% |
| Financial charges | 65/66B | €867 | €988 | +€121 | +14.0% |
| Recurring financial charges | 65 | €867 | €988 | +€121 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €19,283 | €14,112 | -€5,171 | -26.8% |
| Income taxes | 67/77 | €7,724 | €5,434 | -€2,290 | -29.6% |
| Profit (loss) for the period | 9904 | €11,559 | €8,678 | -€2,881 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,559 | €8,678 | -€2,881 | -24.9% |
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 28 October 2026 via checked.be.