BURO: 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.
BURO
Largest movements
- Receivables within one year -€26,309
down €26,309 (-51.3%), from €51,276 to €24,967
of which Trade receivables: -€33,605
- Cash +€17,711
up €17,711 (+1458.8%), from €1,214 to €18,925
mainly Receivables within one year (+€26,309) and Net result for the year (+€4,523)
- Tangible fixed assets +€3,101
up €3,101 (+212.1%), from €1,462 to €4,563
of which Land and buildings: +€3,479
- Tax, wage and social debts -€9,305
down €9,305 (-60.6%), from €15,345 to €6,039
- Profit (loss) carried forward +€4,523
new in 2025: €4,523
- Other debts -€1,203
no longer reported in 2025 (was €1,203)
- Gross operating margin -€27,604
down €27,604 (-80.7%), from €34,200 to €6,596
- Taxes -€5,225
down €5,225 (-78.4%), from €6,665 to €1,440
- Other operating charges -€914
down €914 (-88.4%), from €1,034 to €120
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 | €53,970 | €48,472 | -€5,498 | -10.2% |
| Fixed assets | 21/28 | €1,480 | €4,581 | +€3,101 | +209.5% |
| Tangible fixed assets | 22/27 | €1,462 | €4,563 | +€3,101 | +212.1% |
| Land and buildings | 22 | - | €3,479 | +€3,479 | |
| Plant, machinery and equipment | 23 | €1,462 | €1,084 | -€378 | -25.9% |
| Financial fixed assets | 28 | €18 | €18 | = | 0.0% |
| Current assets | 29/58 | €52,490 | €43,891 | -€8,599 | -16.4% |
| Amounts receivable within one year | 40/41 | €51,276 | €24,967 | -€26,309 | -51.3% |
| Trade receivables | 40 | €45,100 | €11,495 | -€33,605 | -74.5% |
| Other amounts receivable | 41 | €6,176 | €13,472 | +€7,296 | +118.1% |
| Cash at bank and in hand | 54/58 | €1,214 | €18,925 | +€17,711 | +1458.8% |
| Total equity and liabilities | 10/49 | €53,970 | €48,472 | -€5,498 | -10.2% |
| Equity | 10/15 | €37,393 | €41,916 | +€4,523 | +12.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €36,393 | €36,393 | = | 0.0% |
| Distributable reserves | 133 | €36,393 | €36,393 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,523 | +€4,523 | |
| Amounts payable | 17/49 | €16,577 | €6,557 | -€10,021 | -60.4% |
| Amounts payable after more than one year | 17 | - | €20 | +€20 | |
| Other amounts payable | 178/9 | - | €20 | +€20 | |
| Amounts payable within one year | 42/48 | €16,577 | €6,537 | -€10,041 | -60.6% |
| Trade debts | 44 | €30 | €497 | +€467 | +1558.1% |
| Suppliers | 440/4 | €30 | €497 | +€467 | +1558.1% |
| Taxes, remuneration and social security | 45 | €15,345 | €6,039 | -€9,305 | -60.6% |
| Taxes | 450/3 | €15,345 | €6,039 | -€9,305 | -60.6% |
| Other amounts payable | 47/48 | €1,203 | - | -€1,203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €378 | €399 | +€21 | +5.4% |
| Other operating charges | 640/8 | €1,034 | €120 | -€914 | -88.4% |
| Gross operating margin | 9900 | €34,200 | €6,596 | -€27,604 | -80.7% |
| Operating profit (loss) | 9901 | €32,788 | €6,077 | -€26,710 | -81.5% |
| Financial charges | 65/66B | €128 | €115 | -€14 | -10.6% |
| Recurring financial charges | 65 | €128 | €113 | -€15 | -11.9% |
| Non-recurring financial charges | 66B | - | €2 | +€2 | |
| Profit (loss) for the period before taxes | 9903 | €32,659 | €5,963 | -€26,696 | -81.7% |
| Income taxes | 67/77 | €6,665 | €1,440 | -€5,225 | -78.4% |
| Profit (loss) for the period | 9904 | €25,994 | €4,523 | -€21,471 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,994 | €4,523 | -€21,471 | -82.6% |
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 9 October 2026 via checked.be.