BUROTEC: 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.
BUROTEC
Largest movements
- Cash -€29,296
down €29,296 (-31.5%), from €93,028 to €63,732
mainly Debts after one year (-€33,616) and Trade debts (-€24,760)
- Tangible fixed assets -€14,879
down €14,879 (-3.4%), from €440,133 to €425,254
of which Furniture and vehicles: -€14,879
- Receivables within one year -€8,938
down €8,938 (-9.0%), from €99,680 to €90,743
- Stocks and contracts -€7,609
down €7,609 (-11.8%), from €64,390 to €56,781
- Debts after one year -€33,616
down €33,616 (-11.6%), from €288,616 to €255,000
- Trade debts -€24,760
down €24,760 (-42.0%), from €58,989 to €34,229
- Gross operating margin -€82,988
down €82,988 (-42.4%), from €195,797 to €112,809
- Staff costs +€35,921
up €35,921 (+68.4%), from €52,496 to €88,417
- Depreciation +€5,049
up €5,049 (+47.2%), from €10,696 to €15,745
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 | €697,231 | €637,771 | -€59,460 | -8.5% |
| Fixed assets | 21/28 | €440,133 | €425,254 | -€14,879 | -3.4% |
| Tangible fixed assets | 22/27 | €440,133 | €425,254 | -€14,879 | -3.4% |
| Land and buildings | 22 | €385,000 | €385,000 | = | 0.0% |
| Furniture and vehicles | 24 | €55,133 | €40,254 | -€14,879 | -27.0% |
| Current assets | 29/58 | €257,098 | €212,517 | -€44,581 | -17.3% |
| Stocks and contracts in progress | 3 | €64,390 | €56,781 | -€7,609 | -11.8% |
| Stocks | 30/36 | €64,390 | €56,781 | -€7,609 | -11.8% |
| Amounts receivable within one year | 40/41 | €99,680 | €90,743 | -€8,938 | -9.0% |
| Trade receivables | 40 | €99,680 | €90,743 | -€8,938 | -9.0% |
| Cash at bank and in hand | 54/58 | €93,028 | €63,732 | -€29,296 | -31.5% |
| Deferred charges and accrued income | 490/1 | - | €1,262 | +€1,262 | |
| Total equity and liabilities | 10/49 | €697,231 | €637,771 | -€59,460 | -8.5% |
| Equity | 10/15 | €272,712 | €273,782 | +€1,069 | +0.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €334,180 | €334,180 | = | 0.0% |
| Reserves | 13 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,060 | -€94,990 | +€1,069 | +1.1% |
| Amounts payable | 17/49 | €424,519 | €363,989 | -€60,530 | -14.3% |
| Amounts payable after more than one year | 17 | €288,616 | €255,000 | -€33,616 | -11.6% |
| Financial debts | 170/4 | €288,616 | €255,000 | -€33,616 | -11.6% |
| Amounts payable within one year | 42/48 | €135,903 | €108,989 | -€26,914 | -19.8% |
| Current portion of amounts payable after more than one year | 42 | €30,473 | €33,537 | +€3,064 | +10.1% |
| Trade debts | 44 | €58,989 | €34,229 | -€24,760 | -42.0% |
| Suppliers | 440/4 | €58,989 | €34,229 | -€24,760 | -42.0% |
| Taxes, remuneration and social security | 45 | €37,154 | €32,969 | -€4,185 | -11.3% |
| Taxes | 450/3 | €35,293 | €20,038 | -€15,255 | -43.2% |
| Remuneration and social security | 454/9 | €1,861 | €12,932 | +€11,070 | +594.7% |
| Other amounts payable | 47/48 | €9,287 | €8,254 | -€1,034 | -11.1% |
| Remuneration, social security and pensions | 62 | €52,496 | €88,417 | +€35,921 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,696 | €15,745 | +€5,049 | +47.2% |
| Other operating charges | 640/8 | €4,680 | €4,738 | +€58 | +1.2% |
| Gross operating margin | 9900 | €195,797 | €112,809 | -€82,988 | -42.4% |
| Operating profit (loss) | 9901 | €127,925 | €3,909 | -€124,016 | -96.9% |
| Financial income | 75/76B | €1,213 | €882 | -€331 | -27.3% |
| Recurring financial income | 75 | €1,213 | €882 | -€331 | -27.3% |
| Financial charges | 65/66B | €3,185 | €3,179 | -€6 | -0.2% |
| Recurring financial charges | 65 | €3,185 | €3,179 | -€6 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €125,954 | €1,613 | -€124,341 | -98.7% |
| Income taxes | 67/77 | €746 | €544 | -€202 | -27.1% |
| Profit (loss) for the period | 9904 | €125,208 | €1,069 | -€124,138 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €125,208 | €1,069 | -€124,138 | -99.1% |
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 1 October 2026 via checked.be.