Buro Light: 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 Light
Largest movements
- Receivables within one year -€226,924
down €226,924 (-34.6%), from €656,528 to €429,604
of which Trade receivables: -€333,608
- Cash +€83,256
up €83,256 (+2761.9%), from €3,014 to €86,271
mainly Receivables within one year (+€226,924) and Net result for the year (+€13,160)
- Stocks and contracts +€65,900
up €65,900 (+38.8%), from €169,913 to €235,813
- Tangible fixed assets -€11,437
no longer reported in 2025 (was €11,437)
of which Furniture and vehicles: -€11,183
- Tax, wage and social debts -€86,419
down €86,419 (-48.3%), from €179,031 to €92,612
of which Taxes: -€66,265
- Trade debts -€14,118
down €14,118 (-5.4%), from €260,375 to €246,257
- Reserves +€13,000
up €13,000 (+3.4%), from €380,809 to €393,809
- Gross operating margin -€56,644
down €56,644 (-30.4%), from €186,055 to €129,411
- Staff costs -€40,415
down €40,415 (-25.5%), from €158,267 to €117,852
- Write-downs -€28,890
down €28,890, from €6,571 to -€22,319
- Financial income -€3,461
down €3,461 (-67.1%), from €5,156 to €1,696
- Taxes +€2,570
up €2,570 (+54.7%), from €4,696 to €7,266
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.
Cash bridge derived
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 | €840,892 | €753,371 | -€87,521 | -10.4% |
| Fixed assets | 21/28 | €11,437 | - | -€11,437 | |
| Tangible fixed assets | 22/27 | €11,437 | - | -€11,437 | |
| Plant, machinery and equipment | 23 | €254 | - | -€254 | |
| Furniture and vehicles | 24 | €11,183 | - | -€11,183 | |
| Current assets | 29/58 | €829,455 | €753,371 | -€76,084 | -9.2% |
| Stocks and contracts in progress | 3 | €169,913 | €235,813 | +€65,900 | +38.8% |
| Stocks | 30/36 | €169,913 | €235,813 | +€65,900 | +38.8% |
| Amounts receivable within one year | 40/41 | €656,528 | €429,604 | -€226,924 | -34.6% |
| Trade receivables | 40 | €549,658 | €216,050 | -€333,608 | -60.7% |
| Other amounts receivable | 41 | €106,870 | €213,554 | +€106,684 | +99.8% |
| Cash at bank and in hand | 54/58 | €3,014 | €86,271 | +€83,256 | +2761.9% |
| Deferred charges and accrued income | 490/1 | - | €1,683 | +€1,683 | |
| Total equity and liabilities | 10/49 | €840,892 | €753,371 | -€87,521 | -10.4% |
| Equity | 10/15 | €401,094 | €414,254 | +€13,160 | +3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €380,809 | €393,809 | +€13,000 | +3.4% |
| Distributable reserves | 133 | €380,809 | €393,809 | +€13,000 | +3.4% |
| Profit (loss) carried forward | 14 | €1,693 | €1,852 | +€160 | +9.4% |
| Amounts payable | 17/49 | €439,798 | €339,117 | -€100,681 | -22.9% |
| Amounts payable within one year | 42/48 | €439,798 | €339,117 | -€100,681 | -22.9% |
| Trade debts | 44 | €260,375 | €246,257 | -€14,118 | -5.4% |
| Suppliers | 440/4 | €260,375 | €246,257 | -€14,118 | -5.4% |
| Taxes, remuneration and social security | 45 | €179,031 | €92,612 | -€86,419 | -48.3% |
| Taxes | 450/3 | €151,068 | €84,802 | -€66,265 | -43.9% |
| Remuneration and social security | 454/9 | €27,964 | €7,810 | -€20,154 | -72.1% |
| Other amounts payable | 47/48 | €392 | €248 | -€144 | -36.7% |
| Remuneration, social security and pensions | 62 | €158,267 | €117,852 | -€40,415 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,322 | €11,437 | -€1,885 | -14.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,571 | -€22,319 | -€28,890 | |
| Other operating charges | 640/8 | €1,027 | €612 | -€415 | -40.4% |
| Gross operating margin | 9900 | €186,055 | €129,411 | -€56,644 | -30.4% |
| Operating profit (loss) | 9901 | €6,867 | €21,828 | +€14,961 | +217.9% |
| Financial income | 75/76B | €5,156 | €1,696 | -€3,461 | -67.1% |
| Recurring financial income | 75 | €5,156 | €1,696 | -€3,461 | -67.1% |
| Financial charges | 65/66B | €2,284 | €3,098 | +€814 | +35.6% |
| Recurring financial charges | 65 | €2,284 | €3,098 | +€814 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €9,740 | €20,426 | +€10,686 | +109.7% |
| Income taxes | 67/77 | €4,696 | €7,266 | +€2,570 | +54.7% |
| Profit (loss) for the period | 9904 | €5,044 | €13,160 | +€8,116 | +160.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,044 | €13,160 | +€8,116 | +160.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.