BURO GINKGO: 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 GINKGO
Largest movements
- Cash -€38,409
down €38,409 (-41.4%), from €92,881 to €54,472
mainly Contributions, distributions and other (-€119,616) and Accrued charges and deferred income (-€13,601)
- Tangible fixed assets -€28,215
down €28,215 (-4.5%), from €630,812 to €602,597
of which Land and buildings: -€28,430
- Receivables within one year +€8,509
new in 2025: €8,509
- Reserves -€40,024
down €40,024 (-9.0%), from €443,258 to €403,234
- Accrued charges and deferred income -€13,601
down €13,601 (-94.3%), from €14,422 to €821
- Gross operating margin +€19,401
up €19,401 (+9.7%), from €199,438 to €218,839
- Taxes +€7,737
up €7,737 (+30.7%), from €25,208 to €32,945
- Financial charges -€2,508
down €2,508 (-18.1%), from €13,874 to €11,366
- Staff costs -€2,295
down €2,295 (-3.6%), from €63,957 to €61,662
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 | €750,809 | €692,854 | -€57,955 | -7.7% |
| Fixed assets | 21/28 | €630,812 | €602,597 | -€28,215 | -4.5% |
| Tangible fixed assets | 22/27 | €630,812 | €602,597 | -€28,215 | -4.5% |
| Land and buildings | 22 | €625,322 | €596,892 | -€28,430 | -4.5% |
| Furniture and vehicles | 24 | €5,490 | €5,705 | +€215 | +3.9% |
| Current assets | 29/58 | €119,997 | €90,257 | -€29,740 | -24.8% |
| Amounts receivable after more than one year | 29 | €4,126 | €0 | -€4,126 | -100% |
| Trade receivables | 290 | €2,876 | €0 | -€2,876 | -100% |
| Other amounts receivable | 291 | €1,250 | €0 | -€1,250 | -100% |
| Amounts receivable within one year | 40/41 | - | €8,509 | +€8,509 | |
| Trade receivables | 40 | - | €8,509 | +€8,509 | |
| Cash at bank and in hand | 54/58 | €92,881 | €54,472 | -€38,409 | -41.4% |
| Deferred charges and accrued income | 490/1 | €22,990 | €27,277 | +€4,287 | +18.6% |
| Total equity and liabilities | 10/49 | €750,809 | €692,854 | -€57,955 | -7.7% |
| Equity | 10/15 | €564,429 | €523,234 | -€41,195 | -7.3% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €443,258 | €403,234 | -€40,024 | -9.0% |
| Distributable reserves | 133 | €443,258 | €403,234 | -€40,024 | -9.0% |
| Profit (loss) carried forward | 14 | €1,171 | €0 | -€1,171 | -100% |
| Amounts payable | 17/49 | €186,380 | €169,620 | -€16,760 | -9.0% |
| Amounts payable within one year | 42/48 | €171,958 | €168,799 | -€3,159 | -1.8% |
| Trade debts | 44 | - | €133 | +€133 | |
| Suppliers | 440/4 | - | €133 | +€133 | |
| Taxes, remuneration and social security | 45 | €6,420 | €6,206 | -€214 | -3.3% |
| Taxes | 450/3 | €6,420 | €6,206 | -€214 | -3.3% |
| Other amounts payable | 47/48 | €165,538 | €162,460 | -€3,078 | -1.9% |
| Accrued charges and deferred income | 492/3 | €14,422 | €821 | -€13,601 | -94.3% |
| Remuneration, social security and pensions | 62 | €63,957 | €61,662 | -€2,295 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,651 | €33,048 | +€1,397 | +4.4% |
| Other operating charges | 640/8 | - | €1,810 | +€1,810 | |
| Gross operating margin | 9900 | €199,438 | €218,839 | +€19,401 | +9.7% |
| Operating profit (loss) | 9901 | €103,830 | €122,320 | +€18,490 | +17.8% |
| Financial income | 75/76B | €254 | €412 | +€158 | +62.1% |
| Recurring financial income | 75 | €254 | €412 | +€158 | +62.1% |
| Financial charges | 65/66B | €13,874 | €11,366 | -€2,508 | -18.1% |
| Recurring financial charges | 65 | €13,874 | €11,366 | -€2,508 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €90,210 | €111,366 | +€21,156 | +23.5% |
| Income taxes | 67/77 | €25,208 | €32,945 | +€7,737 | +30.7% |
| Profit (loss) for the period | 9904 | €65,002 | €78,421 | +€13,419 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,002 | €78,421 | +€13,419 | +20.6% |
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 29 October 2026 via checked.be.