BURO PROJECT OFFICE: what changed
What changed
BURO PROJECT OFFICE
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €871,949+€164,241
Equity
€2.3m
2024 · €1.3m+€1.0m
Cash
€840,288
2024 · €116,769+€723,519
Balance sheet total
€3.2m
2024 · €2.0m+€1.1m
Largest movements
Assets
- Cash +€723,519
up €723,519 (+620%), from €116,769 to €840,288
mainly Net result for the year (+€1.0m) and Depreciation (+€110,777)
- Receivables within one year +€417,455
up €417,455 (+381%), from €109,477 to €526,932
of which Trade receivables: +€440,196
- Financial fixed assets +€36,855
up €36,855 (+9.4%), from €392,530 to €429,385
- Tangible fixed assets -€35,818
down €35,818 (-2.9%), from €1.2m to €1.2m
of which Land and buildings: -€228,373
Equity and liabilities
- Reserves +€1.0m
up €1.0m (+80.6%), from €1.3m to €2.3m
- Tax, wage and social debts +€55,094
up €55,094 (+50.1%), from €109,961 to €165,054
- Debts after one year +€38,041
up €38,041 (+6.7%), from €565,213 to €603,254
Income statement
- Gross operating margin +€155,138
up €155,138 (+530%), from €29,263 to €184,401
- Financial income +€59,446
up €59,446 (+5.7%), from €1.0m to €1.1m
of which Financial income: +€1.0m
- Depreciation +€21,386
up €21,386 (+23.9%), from €89,391 to €110,777
- Taxes +€18,523
up €18,523 (+20.6%), from €90,011 to €108,535
- Financial charges +€10,041
up €10,041 (+54.4%), from €18,451 to €28,492
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€871,949
Gross operating margin
+€155,138
Depreciation
-€21,386
Other operating charges
-€394
Financial income
+€59,446
Financial charges
-€10,041
Taxes
-€18,523
Result 2025
€1.0m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€783,793
Investment
-€111,814
Financing
+€51,540
Cash 2024
€116,769
From operations (derived)
+€783,793
Net result for the year
+€1.0m
Depreciation
+€110,777
Receivables within one year
-€417,455
Deferred charges and accrued income
+€17,540
Trade debts
-€16,693
Tax, wage and social debts
+€55,094
Smaller working-capital items
-€1,660
Investment (derived)
-€111,814
Investment in fixed assets (net)
-€111,814
Financing
+€51,540
Debts after one year
+€38,041
Current portion of long-term debt
+€21,616
Short-term financial debts
-€8,116
Cash 2025
€840,288
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,042,506 | €3,166,977 | +€1.1m | +55.1% |
| Fixed assets | 21/28 | €1,633,209 | €1,634,245 | +€1,037 | +0.1% |
| Tangible fixed assets | 22/27 | €1,240,678 | €1,204,860 | -€35,818 | -2.9% |
| Land and buildings | 22 | €1,130,022 | €901,649 | -€228,373 | -20.2% |
| Furniture and vehicles | 24 | €32,582 | €120,707 | +€88,125 | +270% |
| Other tangible fixed assets | 26 | €78,074 | €182,504 | +€104,430 | +134% |
| Financial fixed assets | 28 | €392,530 | €429,385 | +€36,855 | +9.4% |
| Current assets | 29/58 | €409,298 | €1,532,732 | +€1.1m | +274% |
| Amounts receivable after more than one year | 29 | €156,210 | €156,210 | = | 0.0% |
| Other amounts receivable | 291 | €156,210 | €156,210 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €109,477 | €526,932 | +€417,455 | +381% |
| Trade receivables | 40 | €83,161 | €523,356 | +€440,196 | +529% |
| Other amounts receivable | 41 | €26,316 | €3,575 | -€22,741 | -86.4% |
| Cash at bank and in hand | 54/58 | €116,769 | €840,288 | +€723,519 | +620% |
| Deferred charges and accrued income | 490/1 | €26,842 | €9,302 | -€17,540 | -65.3% |
| Total equity and liabilities | 10/49 | €2,042,506 | €3,166,977 | +€1.1m | +55.1% |
| Equity | 10/15 | €1,305,771 | €2,341,961 | +€1.0m | +79.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,285,991 | €2,322,991 | +€1.0m | +80.6% |
| Distributable reserves | 133 | €1,285,991 | €2,322,991 | +€1.0m | +80.6% |
| Profit (loss) carried forward | 14 | €1,181 | €370 | -€810 | -68.6% |
| Amounts payable | 17/49 | €736,735 | €825,016 | +€88,281 | +12.0% |
| Amounts payable after more than one year | 17 | €565,213 | €603,254 | +€38,041 | +6.7% |
| Financial debts | 170/4 | €565,213 | €603,254 | +€38,041 | +6.7% |
| Amounts payable within one year | 42/48 | €170,870 | €221,762 | +€50,892 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €28,968 | €50,583 | +€21,616 | +74.6% |
| Financial debts | 43 | €8,116 | €0 | -€8,116 | -100% |
| Credit institutions | 430/8 | €8,116 | €0 | -€8,116 | -100% |
| Trade debts | 44 | €22,818 | €6,125 | -€16,693 | -73.2% |
| Suppliers | 440/4 | €22,818 | €6,125 | -€16,693 | -73.2% |
| Taxes, remuneration and social security | 45 | €109,961 | €165,054 | +€55,094 | +50.1% |
| Taxes | 450/3 | €109,961 | €165,054 | +€55,094 | +50.1% |
| Other amounts payable | 47/48 | €1,008 | €0 | -€1,008 | -100% |
| Accrued charges and deferred income | 492/3 | €652 | €0 | -€652 | -100% |
| Non-recurring operating income | 76A | - | €125,675 | +€125,675 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,391 | €110,777 | +€21,386 | +23.9% |
| Other operating charges | 640/8 | €3,746 | €4,140 | +€394 | +10.5% |
| Gross operating margin | 9900 | €29,263 | €184,401 | +€155,138 | +530% |
| Operating profit (loss) | 9901 | -€63,874 | €69,484 | +€133,358 | |
| Financial income | 75/76B | €1,044,286 | €1,103,732 | +€59,446 | +5.7% |
| Recurring financial income | 75 | €97,867 | €1,103,732 | +€1.0m | +1,028% |
| Non-recurring financial income | 76B | €946,419 | €0 | -€946,419 | -100% |
| Financial charges | 65/66B | €18,451 | €28,492 | +€10,041 | +54.4% |
| Recurring financial charges | 65 | €18,451 | €28,492 | +€10,041 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | €961,960 | €1,144,724 | +€182,764 | +19.0% |
| Income taxes | 67/77 | €90,011 | €108,535 | +€18,523 | +20.6% |
| Profit (loss) for the period | 9904 | €871,949 | €1,036,190 | +€164,241 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €871,949 | €1,036,190 | +€164,241 | +18.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.