BURO HALO: what changed
What changed
BURO HALO
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€437,832
2024 · €320,141+€117,690
Equity
€1.4m
2024 · €1.6m-€186,810
Cash
€85,524
2024 · €80,717+€4,807
Balance sheet total
€1.8m
2024 · €1.7m+€127,223
Largest movements
Assets
- Current investments +€129,897
up €129,897 (+8.4%), from €1.6m to €1.7m
Equity and liabilities
- Other debts +€373,264
up €373,264 (+4,777%), from €7,813 to €381,077
- Reserves -€186,810
down €186,810 (-11.9%), from €1.6m to €1.4m
of which Distributable reserves: -€186,810
- Tax, wage and social debts -€60,086
down €60,086 (-58.1%), from €103,496 to €43,410
of which Taxes: -€60,076
Income statement
- Financial income +€90,357
up €90,357 (+352%), from €25,668 to €116,026
- Gross operating margin +€26,731
up €26,731 (+5.6%), from €474,226 to €500,957
- Taxes +€17,432
up €17,432 (+11.7%), from €149,176 to €166,608
- Financial charges -€16,690
down €16,690 (-84.8%), from €19,686 to €2,995
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€320,141
Gross operating margin
+€26,731
Depreciation
+€1,196
Other operating charges
+€147
Financial income
+€90,357
Financial charges
+€16,690
Taxes
-€17,432
Result 2025
€437,832
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€761,324
Investment
-€131,875
Financing
-€624,642
Cash 2024
€80,717
From operations (derived)
+€761,324
Net result for the year
+€437,832
Depreciation
+€7,617
Smaller working-capital items
+€2,697
Tax, wage and social debts
-€60,086
Other debts
+€373,264
Investment (derived)
-€131,875
Investment in fixed assets (net)
-€1,978
Current investments
-€129,897
Financing
-€624,642
Contributions, distributions and other
-€624,642
Cash 2025
€85,524
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,697,577 | €1,824,800 | +€127,223 | +7.5% |
| Fixed assets | 21/28 | €13,670 | €8,031 | -€5,639 | -41.2% |
| Tangible fixed assets | 22/27 | €13,651 | €8,013 | -€5,639 | -41.3% |
| Plant, machinery and equipment | 23 | - | €1,943 | +€1,943 | |
| Furniture and vehicles | 24 | €12,117 | €5,134 | -€6,982 | -57.6% |
| Other tangible fixed assets | 26 | €1,535 | €935 | -€600 | -39.1% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €1,683,907 | €1,816,769 | +€132,862 | +7.9% |
| Amounts receivable within one year | 40/41 | €47,599 | €46,121 | -€1,479 | -3.1% |
| Trade receivables | 40 | €47,590 | €46,121 | -€1,470 | -3.1% |
| Other amounts receivable | 41 | €9 | €0 | -€9 | -100% |
| Current investments | 50/53 | €1,554,203 | €1,684,100 | +€129,897 | +8.4% |
| Cash at bank and in hand | 54/58 | €80,717 | €85,524 | +€4,807 | +6.0% |
| Deferred charges and accrued income | 490/1 | €1,388 | €1,025 | -€364 | -26.2% |
| Total equity and liabilities | 10/49 | €1,697,577 | €1,824,800 | +€127,223 | +7.5% |
| Equity | 10/15 | €1,585,613 | €1,398,803 | -€186,810 | -11.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,573,213 | €1,386,403 | -€186,810 | -11.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €1,573,213 | €1,386,403 | -€186,810 | -11.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,964 | €425,997 | +€314,033 | +280% |
| Amounts payable within one year | 42/48 | €111,964 | €425,997 | +€314,033 | +280% |
| Trade debts | 44 | €655 | €1,510 | +€854 | +130% |
| Suppliers | 440/4 | €655 | €1,510 | +€854 | +130% |
| Taxes, remuneration and social security | 45 | €103,496 | €43,410 | -€60,086 | -58.1% |
| Taxes | 450/3 | €99,900 | €39,824 | -€60,076 | -60.1% |
| Remuneration and social security | 454/9 | €3,596 | €3,586 | -€10 | -0.3% |
| Other amounts payable | 47/48 | €7,813 | €381,077 | +€373,264 | +4,777% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,813 | €7,617 | -€1,196 | -13.6% |
| Other operating charges | 640/8 | €2,078 | €1,931 | -€147 | -7.1% |
| Gross operating margin | 9900 | €474,226 | €500,957 | +€26,731 | +5.6% |
| Operating profit (loss) | 9901 | €463,335 | €491,410 | +€28,074 | +6.1% |
| Financial income | 75/76B | €25,668 | €116,026 | +€90,357 | +352% |
| Recurring financial income | 75 | €25,668 | €116,026 | +€90,357 | +352% |
| Financial charges | 65/66B | €19,686 | €2,995 | -€16,690 | -84.8% |
| Recurring financial charges | 65 | €19,686 | €2,995 | -€16,690 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €469,318 | €604,440 | +€135,122 | +28.8% |
| Income taxes | 67/77 | €149,176 | €166,608 | +€17,432 | +11.7% |
| Profit (loss) for the period | 9904 | €320,141 | €437,832 | +€117,690 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €320,141 | €437,832 | +€117,690 | +36.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.