Buro Karo: 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 Karo
Largest movements
- Cash -€4,460
no longer reported in 2025 (was €4,460)
mainly Trade debts (-€7,280) and Tax, wage and social debts (-€5,267)
- Tangible fixed assets -€4,050
down €4,050 (-20.4%), from €19,873 to €15,823
of which Plant, machinery and equipment: -€3,929
- Receivables within one year +€3,134
up €3,134 (+10.8%), from €29,094 to €32,228
of which Trade receivables: +€3,092
- Current investments -€2,000
down €2,000 (-40.0%), from €5,000 to €3,000
- Stocks and contracts -€1,949
down €1,949 (-43.2%), from €4,512 to €2,563
- Trade debts -€7,280
down €7,280 (-44.1%), from €16,493 to €9,213
- Tax, wage and social debts -€5,267
down €5,267 (-70.8%), from €7,439 to €2,172
- Profit (loss) carried forward +€3,234
up €3,234 (+158%), from €2,052 to €5,287
- Depreciation +€983
up €983 (+15.4%), from €6,372 to €7,355
- Gross operating margin +€484
up €484 (+3.1%), from €15,756 to €16,240
- Staff costs +€201
up €201 (+9.8%), from €2,054 to €2,254
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 | €62,940 | €53,614 | -€9,326 | -14.8% |
| Fixed assets | 21/28 | €19,873 | €15,823 | -€4,050 | -20.4% |
| Tangible fixed assets | 22/27 | €19,873 | €15,823 | -€4,050 | -20.4% |
| Plant, machinery and equipment | 23 | €19,145 | €15,216 | -€3,929 | -20.5% |
| Furniture and vehicles | 24 | €728 | €606 | -€122 | -16.7% |
| Current assets | 29/58 | €43,067 | €37,791 | -€5,275 | -12.2% |
| Stocks and contracts in progress | 3 | €4,512 | €2,563 | -€1,949 | -43.2% |
| Stocks | 30/36 | €4,512 | €2,563 | -€1,949 | -43.2% |
| Amounts receivable within one year | 40/41 | €29,094 | €32,228 | +€3,134 | +10.8% |
| Trade receivables | 40 | €29,062 | €32,154 | +€3,092 | +10.6% |
| Other amounts receivable | 41 | €32 | €74 | +€42 | +128% |
| Current investments | 50/53 | €5,000 | €3,000 | -€2,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €4,460 | - | -€4,460 | |
| Total equity and liabilities | 10/49 | €62,940 | €53,614 | -€9,326 | -14.8% |
| Equity | 10/15 | €7,052 | €10,287 | +€3,234 | +45.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,052 | €5,287 | +€3,234 | +158% |
| Amounts payable | 17/49 | €55,887 | €43,327 | -€12,560 | -22.5% |
| Amounts payable within one year | 42/48 | €55,887 | €43,327 | -€12,560 | -22.5% |
| Financial debts | 43 | €18 | €458 | +€441 | +2,450% |
| Credit institutions | 430/8 | €18 | €458 | +€441 | +2,450% |
| Trade debts | 44 | €16,493 | €9,213 | -€7,280 | -44.1% |
| Suppliers | 440/4 | €16,493 | €9,213 | -€7,280 | -44.1% |
| Taxes, remuneration and social security | 45 | €7,439 | €2,172 | -€5,267 | -70.8% |
| Taxes | 450/3 | €7,439 | €2,172 | -€5,267 | -70.8% |
| Other amounts payable | 47/48 | €31,938 | €31,484 | -€454 | -1.4% |
| Remuneration, social security and pensions | 62 | €2,054 | €2,254 | +€201 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,372 | €7,355 | +€983 | +15.4% |
| Other operating charges | 640/8 | €1,245 | €1,243 | -€2 | -0.2% |
| Non-recurring operating charges | 66A | €430 | - | -€430 | |
| Gross operating margin | 9900 | €15,756 | €16,240 | +€484 | +3.1% |
| Operating profit (loss) | 9901 | €5,656 | €5,387 | -€269 | -4.7% |
| Financial income | 75/76B | €4 | €4 | +€1 | +19.4% |
| Recurring financial income | 75 | €4 | €4 | +€1 | +19.4% |
| Financial charges | 65/66B | €51 | €75 | +€24 | +46.6% |
| Recurring financial charges | 65 | €51 | €75 | +€24 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | €5,608 | €5,317 | -€292 | -5.2% |
| Income taxes | 67/77 | €2,010 | €2,082 | +€72 | +3.6% |
| Profit (loss) for the period | 9904 | €3,598 | €3,234 | -€364 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,598 | €3,234 | -€364 | -10.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.