Buro 43: 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 43
Largest movements
- Cash +€135,519
up €135,519 (+43.0%), from €315,258 to €450,777
mainly Net result for the year (+€140,139) and Other debts (+€138,889)
- Receivables within one year -€57,309
down €57,309 (-26.8%), from €214,120 to €156,811
of which Trade receivables: -€58,705
- Other debts +€138,889
up €138,889 (+71.6%), from €194,073 to €332,963
- Tax, wage and social debts -€52,423
down €52,423 (-90.4%), from €57,959 to €5,536
of which Taxes: -€54,965
- Debts after one year -€11,759
down €11,759 (-6.7%), from €176,454 to €164,695
- Gross operating margin -€51,080
down €51,080 (-18.9%), from €269,716 to €218,636
- Taxes -€17,332
down €17,332 (-29.9%), from €57,928 to €40,596
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 | €987,392 | €1,056,012 | +€68,620 | +6.9% |
| Fixed assets | 21/28 | €458,014 | €448,424 | -€9,590 | -2.1% |
| Tangible fixed assets | 22/27 | €268,414 | €258,824 | -€9,590 | -3.6% |
| Land and buildings | 22 | €261,688 | €255,004 | -€6,683 | -2.6% |
| Plant, machinery and equipment | 23 | €878 | - | -€878 | |
| Furniture and vehicles | 24 | €5,848 | €3,820 | -€2,028 | -34.7% |
| Financial fixed assets | 28 | €189,600 | €189,600 | = | 0.0% |
| Current assets | 29/58 | €529,378 | €607,588 | +€78,210 | +14.8% |
| Amounts receivable within one year | 40/41 | €214,120 | €156,811 | -€57,309 | -26.8% |
| Trade receivables | 40 | €206,931 | €148,226 | -€58,705 | -28.4% |
| Other amounts receivable | 41 | €7,189 | €8,585 | +€1,396 | +19.4% |
| Cash at bank and in hand | 54/58 | €315,258 | €450,777 | +€135,519 | +43.0% |
| Total equity and liabilities | 10/49 | €987,392 | €1,056,012 | +€68,620 | +6.9% |
| Equity | 10/15 | €498,471 | €498,471 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €479,871 | €479,871 | = | 0.0% |
| Distributable reserves | 133 | €479,871 | €479,871 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,104 | €8,104 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €8,104 | €8,104 | = | 0.0% |
| Other liabilities and charges | 164/5 | €8,104 | €8,104 | = | 0.0% |
| Amounts payable | 17/49 | €480,818 | €549,438 | +€68,620 | +14.3% |
| Amounts payable after more than one year | 17 | €176,454 | €164,695 | -€11,759 | -6.7% |
| Financial debts | 170/4 | €176,454 | €164,695 | -€11,759 | -6.7% |
| Amounts payable within one year | 42/48 | €304,365 | €384,743 | +€80,378 | +26.4% |
| Current portion of amounts payable after more than one year | 42 | €11,528 | €11,759 | +€231 | +2.0% |
| Trade debts | 44 | €40,805 | €34,486 | -€6,319 | -15.5% |
| Suppliers | 440/4 | €40,805 | €34,486 | -€6,319 | -15.5% |
| Taxes, remuneration and social security | 45 | €57,959 | €5,536 | -€52,423 | -90.4% |
| Taxes | 450/3 | €57,959 | €2,993 | -€54,965 | -94.8% |
| Remuneration and social security | 454/9 | - | €2,542 | +€2,542 | |
| Other amounts payable | 47/48 | €194,073 | €332,963 | +€138,889 | +71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,930 | €28,987 | +€1,058 | +3.8% |
| Other operating charges | 640/8 | €4,342 | €5,253 | +€911 | +21.0% |
| Gross operating margin | 9900 | €269,716 | €218,636 | -€51,080 | -18.9% |
| Operating profit (loss) | 9901 | €237,444 | €184,395 | -€53,049 | -22.3% |
| Financial income | 75/76B | €0 | €277 | +€276 | +394,900% |
| Recurring financial income | 75 | €0 | €277 | +€276 | +394,900% |
| Financial charges | 65/66B | €4,221 | €3,937 | -€284 | -6.7% |
| Recurring financial charges | 65 | €4,221 | €3,937 | -€284 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €233,223 | €180,735 | -€52,489 | -22.5% |
| Income taxes | 67/77 | €57,928 | €40,596 | -€17,332 | -29.9% |
| Profit (loss) for the period | 9904 | €175,295 | €140,139 | -€35,156 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €175,295 | €140,139 | -€35,156 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.