BURO 32: 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 32
Largest movements
- Cash +€38,570
up €38,570 (+1,372%), from €2,812 to €41,382
mainly Debts after one year (+€55,485) and Net result for the year (+€17,655)
- Stocks and contracts -€9,971
down €9,971 (-15.4%), from €64,700 to €54,730
- Receivables within one year -€6,246
down €6,246 (-41.8%), from €14,937 to €8,691
of which Trade receivables: -€7,487
- Debts after one year +€55,485
up €55,485 (+379%), from €14,627 to €70,112
of which Other amounts payable: +€59,350
- Other debts -€53,559
down €53,559 (-60.4%), from €88,742 to €35,183
- Reserves +€17,500
up €17,500 (+500%), from €3,500 to €21,000
- Trade debts +€3,255
up €3,255 (+137%), from €2,381 to €5,635
- Tax, wage and social debts -€2,448
down €2,448 (-46.2%), from €5,304 to €2,856
of which Remuneration and social security: -€1,678
- Gross operating margin +€30,069
up €30,069 (+353%), from €8,520 to €38,589
- Other operating charges +€6,942
up €6,942 (+3,195%), from €217 to €7,160
- Depreciation +€4,910
up €4,910 (+147%), from €3,339 to €8,249
- Taxes +€3,810
up €3,810 (+401%), from €949 to €4,759
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 | €120,014 | €140,809 | +€20,794 | +17.3% |
| Fixed assets | 21/28 | €36,196 | €35,097 | -€1,099 | -3.0% |
| Tangible fixed assets | 22/27 | €36,196 | €35,097 | -€1,099 | -3.0% |
| Plant, machinery and equipment | 23 | €18,453 | €22,313 | +€3,860 | +20.9% |
| Furniture and vehicles | 24 | €17,743 | €12,784 | -€4,959 | -27.9% |
| Current assets | 29/58 | €83,818 | €105,712 | +€21,894 | +26.1% |
| Stocks and contracts in progress | 3 | €64,700 | €54,730 | -€9,971 | -15.4% |
| Stocks | 30/36 | €64,700 | €54,730 | -€9,971 | -15.4% |
| Amounts receivable within one year | 40/41 | €14,937 | €8,691 | -€6,246 | -41.8% |
| Trade receivables | 40 | €14,886 | €7,399 | -€7,487 | -50.3% |
| Other amounts receivable | 41 | €51 | €1,292 | +€1,241 | +2,451% |
| Cash at bank and in hand | 54/58 | €2,812 | €41,382 | +€38,570 | +1,372% |
| Deferred charges and accrued income | 490/1 | €1,370 | €909 | -€461 | -33.6% |
| Total equity and liabilities | 10/49 | €120,014 | €140,809 | +€20,794 | +17.3% |
| Equity | 10/15 | €4,503 | €22,157 | +€17,655 | +392% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €21,000 | +€17,500 | +500% |
| Distributable reserves | 133 | €3,500 | €21,000 | +€17,500 | +500% |
| Profit (loss) carried forward | 14 | €3 | €157 | +€155 | +5,385% |
| Amounts payable | 17/49 | €115,511 | €118,651 | +€3,140 | +2.7% |
| Amounts payable after more than one year | 17 | €14,627 | €70,112 | +€55,485 | +379% |
| Financial debts | 170/4 | €14,627 | €10,762 | -€3,865 | -26.4% |
| Other amounts payable | 178/9 | - | €59,350 | +€59,350 | |
| Amounts payable within one year | 42/48 | €100,134 | €47,539 | -€52,595 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €3,707 | €3,865 | +€158 | +4.2% |
| Trade debts | 44 | €2,381 | €5,635 | +€3,255 | +137% |
| Suppliers | 440/4 | €2,381 | €5,635 | +€3,255 | +137% |
| Taxes, remuneration and social security | 45 | €5,304 | €2,856 | -€2,448 | -46.2% |
| Taxes | 450/3 | €3,626 | €2,856 | -€770 | -21.2% |
| Remuneration and social security | 454/9 | €1,678 | - | -€1,678 | |
| Other amounts payable | 47/48 | €88,742 | €35,183 | -€53,559 | -60.4% |
| Accrued charges and deferred income | 492/3 | €750 | €1,000 | +€250 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,339 | €8,249 | +€4,910 | +147% |
| Other operating charges | 640/8 | €217 | €7,160 | +€6,942 | +3,195% |
| Gross operating margin | 9900 | €8,520 | €38,589 | +€30,069 | +353% |
| Operating profit (loss) | 9901 | €4,963 | €23,180 | +€18,217 | +367% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €511 | €767 | +€256 | +50.0% |
| Recurring financial charges | 65 | €511 | €767 | +€256 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €4,452 | €22,413 | +€17,961 | +403% |
| Income taxes | 67/77 | €949 | €4,759 | +€3,810 | +401% |
| Profit (loss) for the period | 9904 | €3,503 | €17,655 | +€14,152 | +404% |
| Profit (loss) for the period to be appropriated | 9905 | €3,503 | €17,655 | +€14,152 | +404% |
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 16 October 2026 via checked.be.