BURO K: 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 K
Largest movements
- Cash +€33,627
up €33,627 (+108%), from €31,032 to €64,660
mainly Net result for the year (+€36,115) and Depreciation (+€5,383)
- Tangible fixed assets -€4,078
down €4,078 (-25.6%), from €15,936 to €11,858
of which Plant, machinery and equipment: -€2,955
- Reserves +€36,115
up €36,115 (+36.1%), from €99,921 to €136,036
of which Distributable reserves: +€36,115
- Trade debts -€4,150
down €4,150 (-47.2%), from €8,799 to €4,649
- Tax, wage and social debts +€3,343
up €3,343 (+19.4%), from €17,196 to €20,539
- Short-term financial debts -€1,773
down €1,773 (-90.3%), from €1,964 to €191
- Gross operating margin +€36,036
up €36,036 (+127%), from €28,275 to €64,311
- Taxes +€13,736
up €13,736 (+168%), from €8,156 to €21,892
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 | €144,597 | €174,789 | +€30,192 | +20.9% |
| Fixed assets | 21/28 | €15,936 | €11,858 | -€4,078 | -25.6% |
| Tangible fixed assets | 22/27 | €15,936 | €11,858 | -€4,078 | -25.6% |
| Plant, machinery and equipment | 23 | €6,449 | €3,494 | -€2,955 | -45.8% |
| Furniture and vehicles | 24 | €1,675 | €1,726 | +€51 | +3.1% |
| Other tangible fixed assets | 26 | €7,812 | €6,638 | -€1,174 | -15.0% |
| Current assets | 29/58 | €128,661 | €162,931 | +€34,270 | +26.6% |
| Amounts receivable within one year | 40/41 | €91,577 | €91,537 | -€40 | 0.0% |
| Trade receivables | 40 | €58,097 | €41,473 | -€16,625 | -28.6% |
| Other amounts receivable | 41 | €33,480 | €50,064 | +€16,584 | +49.5% |
| Cash at bank and in hand | 54/58 | €31,032 | €64,660 | +€33,627 | +108% |
| Deferred charges and accrued income | 490/1 | €6,052 | €6,734 | +€683 | +11.3% |
| Total equity and liabilities | 10/49 | €144,597 | €174,789 | +€30,192 | +20.9% |
| Equity | 10/15 | €111,081 | €147,196 | +€36,115 | +32.5% |
| Contributions | 10/11 | €11,160 | €11,160 | = | 0.0% |
| Reserves | 13 | €99,921 | €136,036 | +€36,115 | +36.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €98,061 | €134,176 | +€36,115 | +36.8% |
| Amounts payable | 17/49 | €33,517 | €27,593 | -€5,923 | -17.7% |
| Amounts payable after more than one year | 17 | €2,214 | €486 | -€1,728 | -78.1% |
| Financial debts | 170/4 | €2,214 | €486 | -€1,728 | -78.1% |
| Amounts payable within one year | 42/48 | €31,302 | €27,107 | -€4,195 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €3,343 | €1,728 | -€1,615 | -48.3% |
| Financial debts | 43 | €1,964 | €191 | -€1,773 | -90.3% |
| Credit institutions | 430/8 | €1,964 | €191 | -€1,773 | -90.3% |
| Trade debts | 44 | €8,799 | €4,649 | -€4,150 | -47.2% |
| Suppliers | 440/4 | €8,799 | €4,649 | -€4,150 | -47.2% |
| Taxes, remuneration and social security | 45 | €17,196 | €20,539 | +€3,343 | +19.4% |
| Taxes | 450/3 | €17,196 | €20,539 | +€3,343 | +19.4% |
| Non-recurring operating income | 76A | - | €13 | +€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,207 | €5,383 | +€176 | +3.4% |
| Other operating charges | 640/8 | €931 | €1,368 | +€436 | +46.9% |
| Gross operating margin | 9900 | €28,275 | €64,311 | +€36,036 | +127% |
| Operating profit (loss) | 9901 | €22,137 | €57,561 | +€35,424 | +160% |
| Financial income | 75/76B | €2,109 | €2,269 | +€160 | +7.6% |
| Recurring financial income | 75 | €2,109 | €2,269 | +€160 | +7.6% |
| Financial charges | 65/66B | €1,332 | €1,823 | +€491 | +36.8% |
| Recurring financial charges | 65 | €1,332 | €1,823 | +€491 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €22,915 | €58,007 | +€35,093 | +153% |
| Income taxes | 67/77 | €8,156 | €21,892 | +€13,736 | +168% |
| Profit (loss) for the period | 9904 | €14,758 | €36,115 | +€21,357 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €14,758 | €36,115 | +€21,357 | +145% |
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 15 October 2026 via checked.be.