BURNING MAN: 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.
BURNING MAN
Largest movements
- Cash +€306,948
up €306,948 (+199.4%), from €153,923 to €460,871
mainly Net result for the year (+€274,905) and Investment in fixed assets (net) (+€209,555)
- Financial fixed assets -€212,078
no longer reported in 2025 (was €212,078)
- Receivables within one year +€32,863
up €32,863 (+37.4%), from €87,981 to €120,844
of which Other amounts receivable: +€28,665
- Tangible fixed assets -€9,099
down €9,099 (-41.3%), from €22,027 to €12,928
of which Furniture and vehicles: -€6,768
- Profit (loss) carried forward +€149,905
up €149,905 (+58.3%), from €257,317 to €407,222
- Tax, wage and social debts -€28,576
down €28,576 (-46.3%), from €61,668 to €33,092
- Financial income +€189,921
new in 2025: €189,921
of which Financial income: +€189,921
- Gross operating margin -€82,159
down €82,159 (-39.1%), from €209,976 to €127,817
- Turnover -€55,876
down €55,876 (-11.3%), from €492,936 to €437,060
- Taxes -€37,634
down €37,634 (-59.6%), from €63,125 to €25,491
- Purchases and services +€26,283
up €26,283 (+9.3%), from €282,960 to €309,243
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 | €476,459 | €595,543 | +€119,084 | +25.0% |
| Fixed assets | 21/28 | €234,105 | €12,928 | -€221,177 | -94.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €22,027 | €12,928 | -€9,099 | -41.3% |
| Land and buildings | 22 | €6,099 | €5,267 | -€832 | -13.6% |
| Plant, machinery and equipment | 23 | €2,828 | €1,329 | -€1,499 | -53.0% |
| Furniture and vehicles | 24 | €13,100 | €6,332 | -€6,768 | -51.7% |
| Financial fixed assets | 28 | €212,078 | - | -€212,078 | |
| Current assets | 29/58 | €242,354 | €582,615 | +€340,261 | +140.4% |
| Amounts receivable within one year | 40/41 | €87,981 | €120,844 | +€32,863 | +37.4% |
| Trade receivables | 40 | €52,892 | €57,090 | +€4,198 | +7.9% |
| Other amounts receivable | 41 | €35,089 | €63,754 | +€28,665 | +81.7% |
| Cash at bank and in hand | 54/58 | €153,923 | €460,871 | +€306,948 | +199.4% |
| Deferred charges and accrued income | 490/1 | €450 | €900 | +€450 | +100.0% |
| Total equity and liabilities | 10/49 | €476,459 | €595,543 | +€119,084 | +25.0% |
| Equity | 10/15 | €410,767 | €560,672 | +€149,905 | +36.5% |
| Contributions | 10/11 | €139,500 | €139,500 | = | 0.0% |
| Reserves | 13 | €13,950 | €13,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,950 | €13,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,950 | €13,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,317 | €407,222 | +€149,905 | +58.3% |
| Amounts payable | 17/49 | €65,692 | €34,871 | -€30,821 | -46.9% |
| Amounts payable within one year | 42/48 | €65,692 | €34,871 | -€30,821 | -46.9% |
| Trade debts | 44 | €4,024 | €1,779 | -€2,245 | -55.8% |
| Suppliers | 440/4 | €4,024 | €1,779 | -€2,245 | -55.8% |
| Taxes, remuneration and social security | 45 | €61,668 | €33,092 | -€28,576 | -46.3% |
| Taxes | 450/3 | €61,668 | €33,092 | -€28,576 | -46.3% |
| Turnover | 70 | €492,936 | €437,060 | -€55,876 | -11.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €282,960 | €309,243 | +€26,283 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,761 | €11,622 | +€861 | +8.0% |
| Other operating charges | 640/8 | €5,005 | €4,573 | -€432 | -8.6% |
| Non-recurring operating charges | 66A | - | €521 | +€521 | |
| Gross operating margin | 9900 | €209,976 | €127,817 | -€82,159 | -39.1% |
| Operating profit (loss) | 9901 | €194,210 | €111,101 | -€83,109 | -42.8% |
| Financial income | 75/76B | - | €189,921 | +€189,921 | |
| Recurring financial income | 75 | - | €189,921 | +€189,921 | |
| Non-recurring financial income | 76B | - | €189,921 | +€189,921 | |
| Financial charges | 65/66B | €463 | €626 | +€163 | +35.2% |
| Recurring financial charges | 65 | €463 | €626 | +€163 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €193,747 | €300,396 | +€106,649 | +55.0% |
| Income taxes | 67/77 | €63,125 | €25,491 | -€37,634 | -59.6% |
| Profit (loss) for the period | 9904 | €130,622 | €274,905 | +€144,283 | +110.5% |
| Profit (loss) for the period to be appropriated | 9905 | €130,622 | €274,905 | +€144,283 | +110.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.