Buro Certo: 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 Certo
Largest movements
- Intangible fixed assets -€9,459
down €9,459 (-12.5%), from €75,673 to €66,214
- Cash -€8,285
down €8,285 (-47.3%), from €17,526 to €9,241
mainly Net result for the year (-€12,235) and Debts after one year (-€5,516)
- Tangible fixed assets -€7,541
down €7,541 (-17.4%), from €43,328 to €35,787
- Deferred charges and accrued income +€2,736
new in 2025: €2,736
- Profit (loss) carried forward -€12,235
down €12,235 (-20.1%), from -€60,836 to -€73,071
- Debts after one year -€5,516
down €5,516 (-100%), from €5,516 to €0
- Current portion of long-term debt -€5,416
down €5,416 (-49.5%), from €10,931 to €5,516
- Gross operating margin +€5,589
up €5,589 (+6.3%), from €89,250 to €94,839
- Staff costs +€2,971
up €2,971 (+3.5%), from €83,770 to €86,742
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 | €140,650 | €118,102 | -€22,548 | -16.0% |
| Fixed assets | 21/28 | €119,001 | €102,001 | -€17,000 | -14.3% |
| Intangible fixed assets | 21 | €75,673 | €66,214 | -€9,459 | -12.5% |
| Tangible fixed assets | 22/27 | €43,328 | €35,787 | -€7,541 | -17.4% |
| Plant, machinery and equipment | 23 | €43,328 | €35,787 | -€7,541 | -17.4% |
| Current assets | 29/58 | €21,649 | €16,100 | -€5,548 | -25.6% |
| Amounts receivable within one year | 40/41 | €4,123 | €4,123 | = | 0.0% |
| Trade receivables | 40 | €4,123 | €4,123 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,526 | €9,241 | -€8,285 | -47.3% |
| Deferred charges and accrued income | 490/1 | - | €2,736 | +€2,736 | |
| Total equity and liabilities | 10/49 | €140,650 | €118,102 | -€22,548 | -16.0% |
| Equity | 10/15 | €103,262 | €91,027 | -€12,235 | -11.8% |
| Contributions | 10/11 | €148,586 | €148,586 | = | 0.0% |
| Reserves | 13 | €15,513 | €15,513 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,489 | €1,489 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,489 | €1,489 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,023 | €14,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,836 | -€73,071 | -€12,235 | -20.1% |
| Amounts payable | 17/49 | €37,388 | €27,074 | -€10,313 | -27.6% |
| Amounts payable after more than one year | 17 | €5,516 | €0 | -€5,516 | -100% |
| Financial debts | 170/4 | €5,516 | €0 | -€5,516 | -100% |
| Amounts payable within one year | 42/48 | €31,872 | €27,074 | -€4,798 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €10,931 | €5,516 | -€5,416 | -49.5% |
| Trade debts | 44 | €4,961 | €5,216 | +€255 | +5.1% |
| Suppliers | 440/4 | €4,961 | €5,216 | +€255 | +5.1% |
| Taxes, remuneration and social security | 45 | €11,607 | €11,796 | +€188 | +1.6% |
| Taxes | 450/3 | €113 | - | -€113 | |
| Remuneration and social security | 454/9 | €11,494 | €11,796 | +€301 | +2.6% |
| Other amounts payable | 47/48 | €4,372 | €4,547 | +€174 | +4.0% |
| Remuneration, social security and pensions | 62 | €83,770 | €86,742 | +€2,971 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,000 | €17,000 | = | 0.0% |
| Other operating charges | 640/8 | €3,067 | €3,162 | +€95 | +3.1% |
| Gross operating margin | 9900 | €89,250 | €94,839 | +€5,589 | +6.3% |
| Operating profit (loss) | 9901 | -€14,588 | -€12,065 | +€2,523 | +17.3% |
| Financial income | 75/76B | €42 | €158 | +€116 | +280% |
| Recurring financial income | 75 | €42 | €158 | +€116 | +280% |
| Financial charges | 65/66B | €486 | €328 | -€158 | -32.5% |
| Recurring financial charges | 65 | €486 | €328 | -€158 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,032 | -€12,235 | +€2,797 | +18.6% |
| Profit (loss) for the period | 9904 | -€15,032 | -€12,235 | +€2,797 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,032 | -€12,235 | +€2,797 | +18.6% |
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 26 October 2026 via checked.be.