BURLI: what changed
Two fiscal 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.
BURLI
Largest movements
- Cash +€172,458
up €172,458 (+56375.5%), from €306 to €172,764
mainly Net result for the year (+€175,510) and Depreciation (+€17,306)
- Receivables within one year -€8,659
down €8,659 (-12.7%), from €68,247 to €59,587
- Reserves +€175,510
up €175,510 (+105.3%), from €166,658 to €342,168
of which Distributable reserves: +€175,510
- Other debts -€26,374
no longer reported in 2025 (was €26,374)
- Tax, wage and social debts +€9,073
new in 2025: €9,073
- Gross operating margin +€211,518
up €211,518 (+922.4%), from €22,930 to €234,448
- Taxes +€39,073
new in 2025: €39,073
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.
Cash bridge derived
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 | €529,704 | €689,539 | +€159,835 | +30.2% |
| Fixed assets | 21/28 | €459,781 | €457,188 | -€2,593 | -0.6% |
| Tangible fixed assets | 22/27 | €459,712 | €457,119 | -€2,593 | -0.6% |
| Land and buildings | 22 | €452,732 | €423,662 | -€29,071 | -6.4% |
| Plant, machinery and equipment | 23 | €6,980 | €3,737 | -€3,243 | -46.5% |
| Furniture and vehicles | 24 | - | €29,721 | +€29,721 | |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €69,923 | €232,352 | +€162,428 | +232.3% |
| Amounts receivable within one year | 40/41 | €68,247 | €59,587 | -€8,659 | -12.7% |
| Other amounts receivable | 41 | €68,247 | €59,587 | -€8,659 | -12.7% |
| Cash at bank and in hand | 54/58 | €306 | €172,764 | +€172,458 | +56375.5% |
| Deferred charges and accrued income | 490/1 | €1,371 | - | -€1,371 | |
| Total equity and liabilities | 10/49 | €529,704 | €689,539 | +€159,835 | +30.2% |
| Equity | 10/15 | €503,330 | €678,840 | +€175,510 | +34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €166,658 | €342,168 | +€175,510 | +105.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €160,458 | €160,458 | = | 0.0% |
| Distributable reserves | 133 | - | €175,510 | +€175,510 | |
| Profit (loss) carried forward | 14 | €318,072 | €318,072 | = | 0.0% |
| Amounts payable | 17/49 | €26,374 | €10,699 | -€15,674 | -59.4% |
| Amounts payable within one year | 42/48 | €26,374 | €10,699 | -€15,674 | -59.4% |
| Trade debts | 44 | - | €1,627 | +€1,627 | |
| Suppliers | 440/4 | - | €1,627 | +€1,627 | |
| Taxes, remuneration and social security | 45 | - | €9,073 | +€9,073 | |
| Taxes | 450/3 | - | €9,073 | +€9,073 | |
| Other amounts payable | 47/48 | €26,374 | - | -€26,374 | |
| Non-recurring operating income | 76A | - | €229,713 | +€229,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,562 | €17,306 | -€256 | -1.5% |
| Other operating charges | 640/8 | €2,909 | €4,372 | +€1,463 | +50.3% |
| Gross operating margin | 9900 | €22,930 | €234,448 | +€211,518 | +922.4% |
| Operating profit (loss) | 9901 | €2,459 | €212,770 | +€210,311 | +8552.8% |
| Financial income | 75/76B | €1,886 | €1,852 | -€34 | -1.8% |
| Recurring financial income | 75 | €1,886 | €1,852 | -€34 | -1.8% |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €4,308 | €214,583 | +€210,275 | +4881.1% |
| Income taxes | 67/77 | - | €39,073 | +€39,073 | |
| Profit (loss) for the period | 9904 | €4,308 | €175,510 | +€171,202 | +3974.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,308 | €175,510 | +€171,202 | +3974.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.