BURO B EN D: 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 B EN D
Largest movements
- Intangible fixed assets -€88,550
down €88,550 (-10.7%), from €826,225 to €737,675
- Cash +€48,187
up €48,187 (+362%), from €13,295 to €61,482
mainly Depreciation (+€89,084) and Net result for the year (+€49,583)
- Deferred charges and accrued income +€18,076
up €18,076 (+206%), from €8,768 to €26,844
- Debts after one year -€53,603
down €53,603 (-6.7%), from €804,557 to €750,954
- Profit (loss) carried forward +€48,895
no longer reported in 2025 (was -€48,895)
- Other debts -€19,962
down €19,962 (-99.8%), from €20,000 to €38
- Gross operating margin +€141,922
up €141,922 (+467%), from €30,403 to €172,325
- Depreciation +€29,605
up €29,605 (+49.8%), from €59,479 to €89,084
- Financial charges +€13,070
up €13,070 (+67.7%), from €19,305 to €32,375
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 | €848,910 | €828,221 | -€20,689 | -2.4% |
| Fixed assets | 21/28 | €826,847 | €739,895 | -€86,951 | -10.5% |
| Intangible fixed assets | 21 | €826,225 | €737,675 | -€88,550 | -10.7% |
| Tangible fixed assets | 22/27 | €622 | €2,221 | +€1,599 | +257% |
| Furniture and vehicles | 24 | €622 | €2,221 | +€1,599 | +257% |
| Current assets | 29/58 | €22,063 | €88,326 | +€66,262 | +300% |
| Cash at bank and in hand | 54/58 | €13,295 | €61,482 | +€48,187 | +362% |
| Deferred charges and accrued income | 490/1 | €8,768 | €26,844 | +€18,076 | +206% |
| Total equity and liabilities | 10/49 | €848,910 | €828,221 | -€20,689 | -2.4% |
| Equity | 10/15 | -€43,895 | €5,688 | +€49,583 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €688 | +€688 | |
| Distributable reserves | 133 | - | €688 | +€688 | |
| Profit (loss) carried forward | 14 | -€48,895 | - | +€48,895 | |
| Amounts payable | 17/49 | €892,805 | €822,533 | -€70,272 | -7.9% |
| Amounts payable after more than one year | 17 | €804,557 | €750,954 | -€53,603 | -6.7% |
| Financial debts | 170/4 | €804,557 | €750,954 | -€53,603 | -6.7% |
| Amounts payable within one year | 42/48 | €72,145 | €54,415 | -€17,730 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €51,669 | €53,603 | +€1,934 | +3.7% |
| Trade debts | 44 | €477 | €559 | +€83 | +17.3% |
| Suppliers | 440/4 | €477 | €559 | +€83 | +17.3% |
| Taxes, remuneration and social security | 45 | - | €216 | +€216 | |
| Taxes | 450/3 | - | €216 | +€216 | |
| Other amounts payable | 47/48 | €20,000 | €38 | -€19,962 | -99.8% |
| Accrued charges and deferred income | 492/3 | €16,103 | €17,164 | +€1,061 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,479 | €89,084 | +€29,605 | +49.8% |
| Other operating charges | 640/8 | €513 | €1,069 | +€555 | +108% |
| Gross operating margin | 9900 | €30,403 | €172,325 | +€141,922 | +467% |
| Operating profit (loss) | 9901 | -€29,590 | €82,172 | +€111,762 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €19,305 | €32,375 | +€13,070 | +67.7% |
| Recurring financial charges | 65 | €19,305 | €32,375 | +€13,070 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,895 | €49,798 | +€98,693 | |
| Income taxes | 67/77 | - | €216 | +€216 | |
| Profit (loss) for the period | 9904 | -€48,895 | €49,583 | +€98,477 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,895 | €49,583 | +€98,477 |
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 14 October 2026 via checked.be.