Burinvest: 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.
Burinvest
Largest movements
- Financial fixed assets -€141,710
down €141,710 (-31.7%), from €446,745 to €305,035
- Receivables within one year +€97,719
up €97,719 (+723%), from €13,519 to €111,238
- Profit (loss) carried forward +€224,921
up €224,921 (+1.3%), from -€17.6m to -€17.4m
- Accrued charges and deferred income -€211,295
down €211,295 (-64.6%), from €327,287 to €115,993
- Other debts -€46,057
down €46,057 (-100%), from €46,057 to €0
- Trade debts -€11,560
down €11,560 (-28.0%), from €41,343 to €29,783
- Financial charges -€11.3m
down €11.3m (-98.9%), from €11.4m to €129,410
of which Non-recurring financial charges: -€11.3m
- Financial income +€70,180
up €70,180 (+20.9%), from €335,923 to €406,104
of which Non-recurring financial income: +€133,422
- Gross operating margin -€38,216
down €38,216 (-304%), from -€12,558 to -€50,774
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 | €508,598 | €464,608 | -€43,991 | -8.6% |
| Fixed assets | 21/28 | €446,745 | €305,035 | -€141,710 | -31.7% |
| Financial fixed assets | 28 | €446,745 | €305,035 | -€141,710 | -31.7% |
| Current assets | 29/58 | €61,854 | €159,572 | +€97,719 | +158% |
| Amounts receivable within one year | 40/41 | €13,519 | €111,238 | +€97,719 | +723% |
| Other amounts receivable | 41 | €13,519 | €111,238 | +€97,719 | +723% |
| Cash at bank and in hand | 54/58 | €48,334 | €48,334 | = | 0.0% |
| Total equity and liabilities | 10/49 | €508,598 | €464,608 | -€43,991 | -8.6% |
| Equity | 10/15 | -€1,477,531 | -€1,252,611 | +€224,921 | +15.2% |
| Contributions | 10/11 | €16,131,655 | €16,131,655 | = | 0.0% |
| Capital | 10 | €16,131,655 | €16,131,655 | = | 0.0% |
| Issued capital | 100 | €16,131,655 | €16,131,655 | = | 0.0% |
| Reserves | 13 | €22,310 | €22,310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,310 | €22,310 | = | 0.0% |
| Legal reserve | 130 | €22,310 | €22,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,631,496 | -€17,406,576 | +€224,921 | +1.3% |
| Amounts payable | 17/49 | €1,986,130 | €1,717,218 | -€268,911 | -13.5% |
| Amounts payable after more than one year | 17 | €1,557,923 | €1,557,923 | = | 0.0% |
| Other amounts payable | 178/9 | €1,557,923 | €1,557,923 | = | 0.0% |
| Amounts payable within one year | 42/48 | €100,919 | €43,302 | -€57,617 | -57.1% |
| Trade debts | 44 | €41,343 | €29,783 | -€11,560 | -28.0% |
| Suppliers | 440/4 | €41,343 | €29,783 | -€11,560 | -28.0% |
| Taxes, remuneration and social security | 45 | €13,519 | €13,519 | = | 0.0% |
| Taxes | 450/3 | €13,519 | €13,519 | = | 0.0% |
| Other amounts payable | 47/48 | €46,057 | €0 | -€46,057 | -100% |
| Accrued charges and deferred income | 492/3 | €327,287 | €115,993 | -€211,295 | -64.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€12,558 | -€50,774 | -€38,216 | -304% |
| Operating profit (loss) | 9901 | -€13,526 | -€51,773 | -€38,247 | -283% |
| Financial income | 75/76B | €335,923 | €406,104 | +€70,180 | +20.9% |
| Recurring financial income | 75 | €335,923 | €272,682 | -€63,241 | -18.8% |
| Non-recurring financial income | 76B | - | €133,422 | +€133,422 | |
| Financial charges | 65/66B | €11,422,026 | €129,410 | -€11.3m | -98.9% |
| Recurring financial charges | 65 | €622 | €314 | -€308 | -49.5% |
| Non-recurring financial charges | 66B | €11,421,404 | €129,096 | -€11.3m | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,099,629 | €224,921 | +€11.3m | |
| Profit (loss) for the period | 9904 | -€11,099,629 | €224,921 | +€11.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,099,629 | €224,921 | +€11.3m |
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 30 October 2026 via checked.be.