BURNS: 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.
BURNS
Largest movements
- Receivables within one year +€51,962
up €51,962 (+1,609%), from €3,229 to €55,191
of which Other amounts receivable: +€51,962
- Tangible fixed assets -€12,030
down €12,030 (-23.0%), from €52,208 to €40,177
of which Furniture and vehicles: -€12,310
- Cash +€11,526
up €11,526 (+8.2%), from €140,056 to €151,582
mainly Net result for the year (+€158,464) and Depreciation (+€13,953)
- Reserves +€58,464
up €58,464 (+48.7%), from €120,159 to €178,622
- Debts after one year -€17,365
down €17,365 (-51.3%), from €33,872 to €16,507
- Tax, wage and social debts +€11,890
up €11,890 (+53.4%), from €22,282 to €34,172
- Gross operating margin +€120,324
up €120,324 (+120%), from €99,931 to €220,256
- Taxes +€29,072
up €29,072 (+159%), from €18,279 to €47,351
- Financial income +€2,316
up €2,316 (+1,993%), from €116 to €2,432
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 | €195,608 | €249,382 | +€53,774 | +27.5% |
| Fixed assets | 21/28 | €52,208 | €40,177 | -€12,030 | -23.0% |
| Tangible fixed assets | 22/27 | €52,208 | €40,177 | -€12,030 | -23.0% |
| Plant, machinery and equipment | 23 | - | €280 | +€280 | |
| Furniture and vehicles | 24 | €52,208 | €39,898 | -€12,310 | -23.6% |
| Current assets | 29/58 | €143,401 | €209,205 | +€65,804 | +45.9% |
| Amounts receivable within one year | 40/41 | €3,229 | €55,191 | +€51,962 | +1,609% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,229 | €55,191 | +€51,962 | +1,609% |
| Cash at bank and in hand | 54/58 | €140,056 | €151,582 | +€11,526 | +8.2% |
| Deferred charges and accrued income | 490/1 | €116 | €2,432 | +€2,316 | +1,993% |
| Total equity and liabilities | 10/49 | €195,608 | €249,382 | +€53,774 | +27.5% |
| Equity | 10/15 | €122,159 | €180,622 | +€58,464 | +47.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €120,159 | €178,622 | +€58,464 | +48.7% |
| Distributable reserves | 133 | €120,159 | €178,622 | +€58,464 | +48.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €73,450 | €68,760 | -€4,690 | -6.4% |
| Amounts payable after more than one year | 17 | €33,872 | €16,507 | -€17,365 | -51.3% |
| Financial debts | 170/4 | €33,872 | €16,507 | -€17,365 | -51.3% |
| Amounts payable within one year | 42/48 | €39,577 | €52,253 | +€12,676 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €16,718 | €17,365 | +€647 | +3.9% |
| Trade debts | 44 | €577 | €715 | +€139 | +24.1% |
| Suppliers | 440/4 | €577 | €715 | +€139 | +24.1% |
| Taxes, remuneration and social security | 45 | €22,282 | €34,172 | +€11,890 | +53.4% |
| Taxes | 450/3 | €22,282 | €34,172 | +€11,890 | +53.4% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | -€0 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,760 | €13,953 | +€194 | +1.4% |
| Other operating charges | 640/8 | €594 | €1,134 | +€540 | +90.8% |
| Gross operating margin | 9900 | €99,931 | €220,256 | +€120,324 | +120% |
| Operating profit (loss) | 9901 | €85,578 | €205,168 | +€119,591 | +140% |
| Financial income | 75/76B | €116 | €2,432 | +€2,316 | +1,993% |
| Recurring financial income | 75 | €116 | €2,432 | +€2,316 | +1,993% |
| Financial charges | 65/66B | €2,384 | €1,786 | -€598 | -25.1% |
| Recurring financial charges | 65 | €2,384 | €1,786 | -€598 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €83,310 | €205,814 | +€122,504 | +147% |
| Income taxes | 67/77 | €18,279 | €47,351 | +€29,072 | +159% |
| Profit (loss) for the period | 9904 | €65,031 | €158,464 | +€93,433 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €65,031 | €158,464 | +€93,433 | +144% |
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 14 October 2026 via checked.be.