Buro 88: 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 88
Largest movements
- Tangible fixed assets +€493,401
up €493,401 (+1,802%), from €27,382 to €520,783
of which Land and buildings: +€499,291
- Receivables within one year +€375,434
up €375,434 (+1,190%), from €31,551 to €406,984
of which Trade receivables: +€374,409
- Other debts +€433,639
up €433,639 (+1,654%), from €26,211 to €459,850
- Tax, wage and social debts +€127,316
up €127,316 (+348%), from €36,574 to €163,890
- Current portion of long-term debt +€121,435
up €121,435 (+636%), from €19,104 to €140,540
- Debts after one year +€102,473
up €102,473 (+21.7%), from €473,175 to €575,648
- Reserves +€52,300
up €52,300 (+49.2%), from €106,300 to €158,600
- Gross operating margin +€222,080
up €222,080 (+217%), from €102,439 to €324,520
- Taxes +€45,581
up €45,581 (+217%), from €21,044 to €66,624
- Financial charges +€28,994
up €28,994 (+753%), from €3,849 to €32,843
- Depreciation +€14,542
up €14,542 (+631%), from €2,306 to €16,848
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €681,404 | €1,545,512 | +€864,108 | +127% |
| Fixed assets | 21/28 | €633,007 | €1,126,408 | +€493,401 | +77.9% |
| Tangible fixed assets | 22/27 | €27,382 | €520,783 | +€493,401 | +1,802% |
| Land and buildings | 22 | - | €499,291 | +€499,291 | |
| Furniture and vehicles | 24 | €22,572 | €17,882 | -€4,690 | -20.8% |
| Other tangible fixed assets | 26 | €4,810 | €3,610 | -€1,200 | -24.9% |
| Financial fixed assets | 28 | €605,625 | €605,625 | = | 0.0% |
| Current assets | 29/58 | €48,397 | €419,105 | +€370,707 | +766% |
| Amounts receivable within one year | 40/41 | €31,551 | €406,984 | +€375,434 | +1,190% |
| Trade receivables | 40 | €31,410 | €405,819 | +€374,409 | +1,192% |
| Other amounts receivable | 41 | €141 | €1,165 | +€1,025 | +729% |
| Cash at bank and in hand | 54/58 | €13,709 | €12,120 | -€1,589 | -11.6% |
| Deferred charges and accrued income | 490/1 | €3,138 | - | -€3,138 | |
| Total equity and liabilities | 10/49 | €681,404 | €1,545,512 | +€864,108 | +127% |
| Equity | 10/15 | €113,820 | €166,161 | +€52,341 | +46.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €106,300 | €158,600 | +€52,300 | +49.2% |
| Distributable reserves | 133 | €106,300 | €158,600 | +€52,300 | +49.2% |
| Profit (loss) carried forward | 14 | €20 | €61 | +€41 | +206% |
| Amounts payable | 17/49 | €567,584 | €1,379,351 | +€811,767 | +143% |
| Amounts payable after more than one year | 17 | €473,175 | €575,648 | +€102,473 | +21.7% |
| Financial debts | 170/4 | €473,175 | €575,648 | +€102,473 | +21.7% |
| Amounts payable within one year | 42/48 | €94,409 | €803,703 | +€709,294 | +751% |
| Current portion of amounts payable after more than one year | 42 | €19,104 | €140,540 | +€121,435 | +636% |
| Trade debts | 44 | €12,520 | €39,424 | +€26,904 | +215% |
| Suppliers | 440/4 | €12,520 | €39,424 | +€26,904 | +215% |
| Taxes, remuneration and social security | 45 | €36,574 | €163,890 | +€127,316 | +348% |
| Taxes | 450/3 | €36,574 | €163,890 | +€127,316 | +348% |
| Other amounts payable | 47/48 | €26,211 | €459,850 | +€433,639 | +1,654% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,306 | €16,848 | +€14,542 | +631% |
| Other operating charges | 640/8 | €1,670 | €2,689 | +€1,019 | +61.0% |
| Gross operating margin | 9900 | €102,439 | €324,520 | +€222,080 | +217% |
| Operating profit (loss) | 9901 | €98,464 | €304,983 | +€206,519 | +210% |
| Financial income | 75/76B | €1 | €3 | +€2 | +187% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +187% |
| Financial charges | 65/66B | €3,849 | €32,843 | +€28,994 | +753% |
| Recurring financial charges | 65 | €3,849 | €32,843 | +€28,994 | +753% |
| Profit (loss) for the period before taxes | 9903 | €94,616 | €272,142 | +€177,526 | +188% |
| Income taxes | 67/77 | €21,044 | €66,624 | +€45,581 | +217% |
| Profit (loss) for the period | 9904 | €73,572 | €205,518 | +€131,946 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €73,572 | €205,518 | +€131,946 | +179% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.