BURO DESIGN: 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 DESIGN
Largest movements
- Tangible fixed assets -€8,966
down €8,966 (-35.7%), from €25,097 to €16,131
of which Other tangible fixed assets: -€4,928
- Receivables within one year -€4,892
down €4,892 (-3.9%), from €124,270 to €119,378
of which Trade receivables: -€31,380
- Cash +€3,997
up €3,997 (+336.1%), from €1,189 to €5,186
mainly Short-term financial debts (+€25,327) and Net result for the year (+€17,617)
- Current portion of long-term debt -€26,022
down €26,022 (-100.0%), from €26,022 to €0
- Short-term financial debts +€25,327
new in 2024: €25,327
- Reserves +€17,617
up €17,617 (+28.6%), from €61,594 to €79,211
- Other debts -€16,100
down €16,100 (-76.3%), from €21,100 to €5,000
- Tax, wage and social debts -€10,276
down €10,276 (-52.5%), from €19,584 to €9,309
of which Remuneration and social security: -€7,540
- Gross operating margin -€61,314
down €61,314 (-35.5%), from €172,875 to €111,561
- Taxes -€16,295
down €16,295 (-63.6%), from €25,603 to €9,309
- Staff costs +€4,909
up €4,909 (+7.5%), from €65,757 to €70,666
- Other operating charges +€3,754
up €3,754 (+159.0%), from €2,361 to €6,115
- Financial income +€2,323
new in 2024: €2,323
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.
Cash bridge derived
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 | €151,042 | €141,202 | -€9,841 | -6.5% |
| Fixed assets | 21/28 | €25,188 | €16,221 | -€8,966 | -35.6% |
| Tangible fixed assets | 22/27 | €25,097 | €16,131 | -€8,966 | -35.7% |
| Furniture and vehicles | 24 | €5,384 | €1,346 | -€4,038 | -75.0% |
| Other tangible fixed assets | 26 | €19,713 | €14,785 | -€4,928 | -25.0% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €125,855 | €124,980 | -€875 | -0.7% |
| Amounts receivable within one year | 40/41 | €124,270 | €119,378 | -€4,892 | -3.9% |
| Trade receivables | 40 | €61,614 | €30,234 | -€31,380 | -50.9% |
| Other amounts receivable | 41 | €62,656 | €89,144 | +€26,488 | +42.3% |
| Cash at bank and in hand | 54/58 | €1,189 | €5,186 | +€3,997 | +336.1% |
| Deferred charges and accrued income | 490/1 | €395 | €416 | +€21 | +5.2% |
| Total equity and liabilities | 10/49 | €151,042 | €141,202 | -€9,841 | -6.5% |
| Equity | 10/15 | €80,194 | €97,811 | +€17,617 | +22.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,594 | €79,211 | +€17,617 | +28.6% |
| Distributable reserves | 133 | €61,594 | €79,211 | +€17,617 | +28.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,849 | €43,391 | -€27,458 | -38.8% |
| Amounts payable within one year | 42/48 | €70,849 | €43,391 | -€27,458 | -38.8% |
| Current portion of amounts payable after more than one year | 42 | €26,022 | €0 | -€26,022 | -100.0% |
| Financial debts | 43 | - | €25,327 | +€25,327 | |
| Credit institutions | 430/8 | - | €25,327 | +€25,327 | |
| Trade debts | 44 | €4,142 | €3,440 | -€702 | -17.0% |
| Suppliers | 440/4 | €4,142 | €3,440 | -€702 | -17.0% |
| Advances received on contracts in progress | 46 | - | €315 | +€315 | |
| Taxes, remuneration and social security | 45 | €19,584 | €9,309 | -€10,276 | -52.5% |
| Taxes | 450/3 | €12,044 | €9,309 | -€2,736 | -22.7% |
| Remuneration and social security | 454/9 | €7,540 | €0 | -€7,540 | -100.0% |
| Other amounts payable | 47/48 | €21,100 | €5,000 | -€16,100 | -76.3% |
| Remuneration, social security and pensions | 62 | €65,757 | €70,666 | +€4,909 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,966 | €8,966 | = | 0.0% |
| Other operating charges | 640/8 | €2,361 | €6,115 | +€3,754 | +159.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €172,875 | €111,561 | -€61,314 | -35.5% |
| Operating profit (loss) | 9901 | €95,790 | €25,814 | -€69,977 | -73.1% |
| Financial income | 75/76B | - | €2,323 | +€2,323 | |
| Recurring financial income | 75 | - | €2,323 | +€2,323 | |
| Financial charges | 65/66B | €1,435 | €1,211 | -€223 | -15.6% |
| Recurring financial charges | 65 | €1,435 | €1,211 | -€223 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €94,356 | €26,925 | -€67,430 | -71.5% |
| Income taxes | 67/77 | €25,603 | €9,309 | -€16,295 | -63.6% |
| Profit (loss) for the period | 9904 | €68,753 | €17,617 | -€51,136 | -74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,753 | €17,617 | -€51,136 | -74.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.