BURO-LINQ: 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-LINQ
Largest movements
- Tangible fixed assets +€34,023
up €34,023 (+411%), from €8,273 to €42,296
of which Furniture and vehicles: +€34,263
- Receivables within one year -€30,259
down €30,259 (-98.4%), from €30,743 to €484
of which Trade receivables: -€29,766
- Financial fixed assets +€10,000
new in 2025: €10,000
- Cash -€2,867
down €2,867 (-49.0%), from €5,847 to €2,980
mainly Investment in fixed assets (net) (-€53,912) and Deferred charges and accrued income (-€2,794)
- Deferred charges and accrued income +€2,794
up €2,794 (+72.5%), from €3,856 to €6,650
- Other debts +€9,510
new in 2025: €9,510
- Accrued charges and deferred income +€7,000
new in 2025: €7,000
- Trade debts -€2,664
down €2,664 (-44.1%), from €6,040 to €3,377
- Profit (loss) carried forward -€1,703
down €1,703 (-13.6%), from €12,555 to €10,852
- Tax, wage and social debts +€1,548
up €1,548 (+29.2%), from €5,296 to €6,845
of which Remuneration and social security: +€1,911
- Staff costs +€17,398
new in 2025: €17,398
- Depreciation +€9,310
up €9,310 (+1,608%), from €579 to €9,889
- Other operating charges +€4,440
up €4,440 (+968%), from €458 to €4,898
- Gross operating margin +€1,138
up €1,138 (+3.2%), from €35,723 to €36,861
- Taxes +€634
up €634 (+11.3%), from €5,623 to €6,257
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 | €48,718 | €62,409 | +€13,692 | +28.1% |
| Fixed assets | 21/28 | €8,273 | €52,296 | +€44,023 | +532% |
| Tangible fixed assets | 22/27 | €8,273 | €42,296 | +€34,023 | +411% |
| Plant, machinery and equipment | 23 | €1,040 | €800 | -€240 | -23.1% |
| Furniture and vehicles | 24 | €7,232 | €41,496 | +€34,263 | +474% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €40,445 | €10,114 | -€30,332 | -75.0% |
| Amounts receivable within one year | 40/41 | €30,743 | €484 | -€30,259 | -98.4% |
| Trade receivables | 40 | €30,250 | €484 | -€29,766 | -98.4% |
| Other amounts receivable | 41 | €493 | - | -€493 | |
| Cash at bank and in hand | 54/58 | €5,847 | €2,980 | -€2,867 | -49.0% |
| Deferred charges and accrued income | 490/1 | €3,856 | €6,650 | +€2,794 | +72.5% |
| Total equity and liabilities | 10/49 | €48,718 | €62,409 | +€13,692 | +28.1% |
| Equity | 10/15 | €37,381 | €35,678 | -€1,703 | -4.6% |
| Reserves | 13 | €24,826 | €24,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,018 | €19,018 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,018 | €19,018 | = | 0.0% |
| Distributable reserves | 133 | €5,807 | €5,807 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,555 | €10,852 | -€1,703 | -13.6% |
| Amounts payable | 17/49 | €11,337 | €26,732 | +€15,395 | +136% |
| Amounts payable within one year | 42/48 | €11,337 | €19,732 | +€8,395 | +74.0% |
| Trade debts | 44 | €6,040 | €3,377 | -€2,664 | -44.1% |
| Suppliers | 440/4 | €6,040 | €3,377 | -€2,664 | -44.1% |
| Taxes, remuneration and social security | 45 | €5,296 | €6,845 | +€1,548 | +29.2% |
| Taxes | 450/3 | €5,296 | €4,933 | -€363 | -6.9% |
| Remuneration and social security | 454/9 | - | €1,911 | +€1,911 | |
| Other amounts payable | 47/48 | - | €9,510 | +€9,510 | |
| Accrued charges and deferred income | 492/3 | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | - | €17,398 | +€17,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €579 | €9,889 | +€9,310 | +1,608% |
| Other operating charges | 640/8 | €458 | €4,898 | +€4,440 | +968% |
| Gross operating margin | 9900 | €35,723 | €36,861 | +€1,138 | +3.2% |
| Operating profit (loss) | 9901 | €34,685 | €4,676 | -€30,009 | -86.5% |
| Financial charges | 65/66B | €599 | €122 | -€477 | -79.6% |
| Recurring financial charges | 65 | €599 | €122 | -€477 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | €34,086 | €4,554 | -€29,532 | -86.6% |
| Income taxes | 67/77 | €5,623 | €6,257 | +€634 | +11.3% |
| Profit (loss) for the period | 9904 | €28,463 | -€1,703 | -€30,166 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,463 | -€1,703 | -€30,166 |
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 31 October 2026 via checked.be.