BURO PARTNER: 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 PARTNER
Largest movements
- Receivables within one year +€61,031
up €61,031 (+28.5%), from €214,281 to €275,311
of which Other amounts receivable: +€49,195
- Stocks and contracts -€18,265
down €18,265 (-41.5%), from €43,964 to €25,699
- Cash -€13,921
down €13,921 (-14.8%), from €93,843 to €79,922
mainly Net result for the year (-€87,591) and Receivables within one year (-€61,031)
- Reserves -€87,000
down €87,000 (-24.9%), from €349,882 to €262,882
of which Distributable reserves: -€87,000
- Other debts +€85,341
new in 2025: €85,341
- Trade debts +€35,585
up €35,585 (+41.1%), from €86,681 to €122,265
- Purchases and services -€98,209
down €98,209 (-12.7%), from €771,222 to €673,013
- Turnover -€91,008
down €91,008 (-5.6%), from €1.6m to €1.5m
- Staff costs +€50,287
up €50,287 (+15.1%), from €332,055 to €382,343
- Taxes -€20,394
down €20,394 (-98.3%), from €20,742 to €348
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 | €533,730 | €562,864 | +€29,133 | +5.5% |
| Fixed assets | 21/28 | €172,754 | €168,391 | -€4,363 | -2.5% |
| Intangible fixed assets | 21 | €809 | €295 | -€513 | -63.5% |
| Tangible fixed assets | 22/27 | €170,949 | €168,096 | -€2,854 | -1.7% |
| Land and buildings | 22 | €81,649 | €71,116 | -€10,532 | -12.9% |
| Plant, machinery and equipment | 23 | €1,722 | €448 | -€1,274 | -74.0% |
| Furniture and vehicles | 24 | €87,578 | €96,532 | +€8,953 | +10.2% |
| Financial fixed assets | 28 | €996 | €0 | -€996 | -100% |
| Current assets | 29/58 | €360,977 | €394,473 | +€33,496 | +9.3% |
| Stocks and contracts in progress | 3 | €43,964 | €25,699 | -€18,265 | -41.5% |
| Stocks | 30/36 | €43,964 | €25,699 | -€18,265 | -41.5% |
| Amounts receivable within one year | 40/41 | €214,281 | €275,311 | +€61,031 | +28.5% |
| Trade receivables | 40 | €163,236 | €175,072 | +€11,835 | +7.3% |
| Other amounts receivable | 41 | €51,045 | €100,240 | +€49,195 | +96.4% |
| Cash at bank and in hand | 54/58 | €93,843 | €79,922 | -€13,921 | -14.8% |
| Deferred charges and accrued income | 490/1 | €8,889 | €13,540 | +€4,651 | +52.3% |
| Total equity and liabilities | 10/49 | €533,730 | €562,864 | +€29,133 | +5.5% |
| Equity | 10/15 | €358,815 | €270,683 | -€88,132 | -24.6% |
| Contributions | 10/11 | €6,631 | €6,631 | = | 0.0% |
| Reserves | 13 | €349,882 | €262,882 | -€87,000 | -24.9% |
| Non-distributable reserves | 130/1 | €124,500 | €124,500 | = | 0.0% |
| Other | 1319 | €124,500 | €124,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,382 | €1,382 | = | 0.0% |
| Distributable reserves | 133 | €224,000 | €137,000 | -€87,000 | -38.8% |
| Profit (loss) carried forward | 14 | €944 | €353 | -€591 | -62.6% |
| Investment grants | 15 | €1,358 | €816 | -€541 | -39.9% |
| Amounts payable | 17/49 | €174,915 | €292,181 | +€117,265 | +67.0% |
| Amounts payable within one year | 42/48 | €174,915 | €292,181 | +€117,265 | +67.0% |
| Trade debts | 44 | €86,681 | €122,265 | +€35,585 | +41.1% |
| Suppliers | 440/4 | €86,681 | €122,265 | +€35,585 | +41.1% |
| Taxes, remuneration and social security | 45 | €88,235 | €84,575 | -€3,660 | -4.1% |
| Taxes | 450/3 | €32,933 | €39,469 | +€6,536 | +19.8% |
| Remuneration and social security | 454/9 | €55,302 | €45,106 | -€10,196 | -18.4% |
| Other amounts payable | 47/48 | - | €85,341 | +€85,341 | |
| Turnover | 70 | €1,637,194 | €1,546,186 | -€91,008 | -5.6% |
| Non-recurring operating income | 76A | €12,000 | €9,896 | -€2,104 | -17.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €771,222 | €673,013 | -€98,209 | -12.7% |
| Remuneration, social security and pensions | 62 | €332,055 | €382,343 | +€50,287 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,514 | €42,756 | +€242 | +0.6% |
| Other operating charges | 640/8 | €698 | €1,771 | +€1,073 | +154% |
| Non-recurring operating charges | 66A | - | €598 | +€598 | |
| Gross operating margin | 9900 | €336,132 | €340,936 | +€4,804 | +1.4% |
| Operating profit (loss) | 9901 | -€39,135 | -€86,531 | -€47,396 | -121% |
| Financial income | 75/76B | €2,194 | €693 | -€1,501 | -68.4% |
| Recurring financial income | 75 | €2,194 | €693 | -€1,501 | -68.4% |
| Financial charges | 65/66B | €7,634 | €1,405 | -€6,229 | -81.6% |
| Recurring financial charges | 65 | €7,634 | €1,405 | -€6,229 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | -€44,575 | -€87,243 | -€42,668 | -95.7% |
| Income taxes | 67/77 | €20,742 | €348 | -€20,394 | -98.3% |
| Profit (loss) for the period | 9904 | -€65,317 | -€87,591 | -€22,274 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,317 | -€87,591 | -€22,274 | -34.1% |
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 13 October 2026 via checked.be.