BURO-8: 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.
BURO-8
Largest movements
- Tangible fixed assets +€27,619
up €27,619 (+16.1%), from €172,003 to €199,622
of which Furniture and vehicles: +€25,065
- Deferred charges and accrued income -€14,010
down €14,010 (-59.9%), from €23,399 to €9,389
- Receivables within one year +€7,652
up €7,652 (+27.9%), from €27,396 to €35,049
of which Trade receivables: +€14,304
- Cash +€4,374
up €4,374 (+5908.8%), from €74 to €4,448
mainly Net result for the year (+€23,760) and Depreciation (+€20,547)
- Profit (loss) carried forward +€22,094
up €22,094, from -€1,433 to €20,661
- Advances received -€20,457
down €20,457 (-79.2%), from €25,839 to €5,382
- Tax, wage and social debts +€12,583
up €12,583 (+166.1%), from €7,577 to €20,160
of which Taxes: +€12,619
- Current portion of long-term debt +€7,251
up €7,251 (+47.6%), from €15,242 to €22,493
- Trade debts +€5,565
up €5,565 (+33.6%), from €16,586 to €22,151
- Gross operating margin +€33,757
up €33,757 (+92.9%), from €36,328 to €70,085
- Taxes +€10,556
up €10,556 (+726.8%), from €1,452 to €12,008
- Depreciation -€6,141
down €6,141 (-23.0%), from €26,688 to €20,547
- Financial charges +€4,283
up €4,283 (+254.4%), from €1,684 to €5,966
- Other operating charges -€1,132
down €1,132 (-47.2%), from €2,398 to €1,266
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 | €225,419 | €250,534 | +€25,115 | +11.1% |
| Fixed assets | 21/28 | €174,549 | €201,648 | +€27,099 | +15.5% |
| Intangible fixed assets | 21 | €2,546 | €2,026 | -€520 | -20.4% |
| Tangible fixed assets | 22/27 | €172,003 | €199,622 | +€27,619 | +16.1% |
| Land and buildings | 22 | €129,426 | €123,426 | -€6,000 | -4.6% |
| Plant, machinery and equipment | 23 | €1,719 | €829 | -€890 | -51.8% |
| Furniture and vehicles | 24 | €22,453 | €47,518 | +€25,065 | +111.6% |
| Other tangible fixed assets | 26 | €18,405 | €27,849 | +€9,443 | +51.3% |
| Current assets | 29/58 | €50,869 | €48,886 | -€1,983 | -3.9% |
| Amounts receivable within one year | 40/41 | €27,396 | €35,049 | +€7,652 | +27.9% |
| Trade receivables | 40 | €18,849 | €33,152 | +€14,304 | +75.9% |
| Other amounts receivable | 41 | €8,548 | €1,896 | -€6,651 | -77.8% |
| Cash at bank and in hand | 54/58 | €74 | €4,448 | +€4,374 | +5908.8% |
| Deferred charges and accrued income | 490/1 | €23,399 | €9,389 | -€14,010 | -59.9% |
| Total equity and liabilities | 10/49 | €225,419 | €250,534 | +€25,115 | +11.1% |
| Equity | 10/15 | €1,067 | €23,161 | +€22,094 | +2070.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,433 | €20,661 | +€22,094 | |
| Amounts payable | 17/49 | €224,351 | €227,373 | +€3,022 | +1.3% |
| Amounts payable after more than one year | 17 | €132,940 | €135,800 | +€2,860 | +2.2% |
| Financial debts | 170/4 | €131,740 | €134,600 | +€2,860 | +2.2% |
| Other amounts payable | 178/9 | €1,200 | €1,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,869 | €90,072 | +€204 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €15,242 | €22,493 | +€7,251 | +47.6% |
| Trade debts | 44 | €16,586 | €22,151 | +€5,565 | +33.6% |
| Suppliers | 440/4 | €16,586 | €22,151 | +€5,565 | +33.6% |
| Advances received on contracts in progress | 46 | €25,839 | €5,382 | -€20,457 | -79.2% |
| Taxes, remuneration and social security | 45 | €7,577 | €20,160 | +€12,583 | +166.1% |
| Taxes | 450/3 | €4,725 | €17,344 | +€12,619 | +267.1% |
| Remuneration and social security | 454/9 | €2,852 | €2,816 | -€36 | -1.3% |
| Other amounts payable | 47/48 | €24,626 | €19,887 | -€4,739 | -19.2% |
| Accrued charges and deferred income | 492/3 | €1,542 | €1,501 | -€42 | -2.7% |
| Remuneration, social security and pensions | 62 | €6,009 | €6,946 | +€937 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,688 | €20,547 | -€6,141 | -23.0% |
| Other operating charges | 640/8 | €2,398 | €1,266 | -€1,132 | -47.2% |
| Gross operating margin | 9900 | €36,328 | €70,085 | +€33,757 | +92.9% |
| Operating profit (loss) | 9901 | €1,233 | €41,325 | +€40,092 | +3251.8% |
| Financial income | 75/76B | €470 | €409 | -€62 | -13.1% |
| Recurring financial income | 75 | €470 | €409 | -€62 | -13.1% |
| Financial charges | 65/66B | €1,684 | €5,966 | +€4,283 | +254.4% |
| Recurring financial charges | 65 | €1,684 | €5,966 | +€4,283 | +254.4% |
| Profit (loss) for the period before taxes | 9903 | €20 | €35,768 | +€35,748 | +181369.3% |
| Income taxes | 67/77 | €1,452 | €12,008 | +€10,556 | +726.8% |
| Profit (loss) for the period | 9904 | -€1,433 | €23,760 | +€25,192 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,433 | €23,760 | +€25,192 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.