Buroda: 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.
Buroda
Largest movements
- Cash +€548,857
up €548,857 (+36.5%), from €1.5m to €2.1m
mainly Current investments (+€340,000) and Net result for the year (+€103,737)
- Current investments -€340,000
down €340,000 (-77.3%), from €440,000 to €100,000
- Receivables within one year -€99,843
down €99,843 (-72.6%), from €137,609 to €37,765
of which Trade receivables: -€97,525
- Reserves +€101,300
up €101,300 (+21.9%), from €462,197 to €563,497
of which Tax-exempt reserves: +€557,300
- Turnover -€213,149
down €213,149 (-22.1%), from €962,833 to €749,684
- Purchases and services -€118,337
down €118,337 (-16.6%), from €711,725 to €593,388
- Gross operating margin -€86,730
down €86,730 (-34.8%), from €249,108 to €162,379
- Financial income +€32,628
up €32,628 (+165.8%), from €19,684 to €52,312
of which Financial income: +€32,675
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 | €2,206,547 | €2,302,354 | +€95,807 | +4.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €57,859 | €36,517 | -€21,342 | -36.9% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €57,859 | €36,517 | -€21,342 | -36.9% |
| Land and buildings | 22 | €459 | €0 | -€459 | -100.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €57,400 | €36,517 | -€20,883 | -36.4% |
| Current assets | 29/58 | €2,148,688 | €2,265,837 | +€117,149 | +5.5% |
| Stocks and contracts in progress | 3 | €63,647 | €67,659 | +€4,012 | +6.3% |
| Stocks | 30/36 | €63,647 | €67,659 | +€4,012 | +6.3% |
| Amounts receivable within one year | 40/41 | €137,609 | €37,765 | -€99,843 | -72.6% |
| Trade receivables | 40 | €133,177 | €35,652 | -€97,525 | -73.2% |
| Other amounts receivable | 41 | €4,431 | €2,113 | -€2,318 | -52.3% |
| Current investments | 50/53 | €440,000 | €100,000 | -€340,000 | -77.3% |
| Cash at bank and in hand | 54/58 | €1,503,024 | €2,051,881 | +€548,857 | +36.5% |
| Deferred charges and accrued income | 490/1 | €4,408 | €8,531 | +€4,123 | +93.5% |
| Total equity and liabilities | 10/49 | €2,206,547 | €2,302,354 | +€95,807 | +4.3% |
| Equity | 10/15 | €1,154,342 | €1,255,879 | +€101,537 | +8.8% |
| Contributions | 10/11 | €691,973 | €691,973 | = | 0.0% |
| Capital | 10 | €691,973 | €691,973 | = | 0.0% |
| Issued capital | 100 | €691,973 | €691,973 | = | 0.0% |
| Reserves | 13 | €462,197 | €563,497 | +€101,300 | +21.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €557,300 | +€557,300 | |
| Distributable reserves | 133 | €456,000 | - | -€456,000 | |
| Profit (loss) carried forward | 14 | €172 | €409 | +€237 | +138.2% |
| Amounts payable | 17/49 | €1,052,205 | €1,046,474 | -€5,730 | -0.5% |
| Amounts payable within one year | 42/48 | €1,038,461 | €1,040,008 | +€1,547 | +0.1% |
| Financial debts | 43 | €4,000 | €4,000 | = | 0.0% |
| Credit institutions | 430/8 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €6,716 | €14,267 | +€7,551 | +112.4% |
| Suppliers | 440/4 | €6,716 | €14,267 | +€7,551 | +112.4% |
| Taxes, remuneration and social security | 45 | €56,787 | €50,783 | -€6,004 | -10.6% |
| Taxes | 450/3 | €52,177 | €47,830 | -€4,347 | -8.3% |
| Remuneration and social security | 454/9 | €4,610 | €2,953 | -€1,657 | -35.9% |
| Other amounts payable | 47/48 | €970,958 | €970,958 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €13,744 | €6,467 | -€7,277 | -52.9% |
| Turnover | 70 | €962,833 | €749,684 | -€213,149 | -22.1% |
| Non-recurring operating income | 76A | €7,353 | €0 | -€7,353 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €711,725 | €593,388 | -€118,337 | -16.6% |
| Remuneration, social security and pensions | 62 | €26,773 | €28,861 | +€2,088 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,192 | €21,342 | +€150 | +0.7% |
| Other operating charges | 640/8 | €4,177 | €3,299 | -€878 | -21.0% |
| Gross operating margin | 9900 | €249,108 | €162,379 | -€86,730 | -34.8% |
| Operating profit (loss) | 9901 | €196,966 | €108,876 | -€88,089 | -44.7% |
| Financial income | 75/76B | €19,684 | €52,312 | +€32,628 | +165.8% |
| Recurring financial income | 75 | €19,637 | €52,312 | +€32,675 | +166.4% |
| Non-recurring financial income | 76B | €47 | - | -€47 | |
| Financial charges | 65/66B | €1,963 | €1,049 | -€914 | -46.6% |
| Recurring financial charges | 65 | €1,963 | €1,049 | -€914 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €214,686 | €160,139 | -€54,547 | -25.4% |
| Income taxes | 67/77 | €51,390 | €56,402 | +€5,012 | +9.8% |
| Profit (loss) for the period | 9904 | €163,296 | €103,737 | -€59,559 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €163,296 | €103,737 | -€59,559 | -36.5% |
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 29 September 2026 via checked.be.