BURQUINA: 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.
BURQUINA
Largest movements
- Receivables within one year +€5,464
up €5,464 (+4.9%), from €112,317 to €117,782
of which Other amounts receivable: +€5,918
- Profit (loss) carried forward +€2,574
up €2,574, from -€2,269 to €305
- Trade debts +€1,421
up €1,421 (+61.3%), from €2,317 to €3,738
- Taxes +€937
new in 2025: €937
- Gross operating margin -€567
down €567 (-11.3%), from €5,010 to €4,443
- Other operating charges -€436
down €436 (-52.2%), from €835 to €400
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 | €113,028 | €118,060 | +€5,032 | +4.5% |
| Formation expenses | 20 | €691 | €243 | -€449 | -64.9% |
| Current assets | 29/58 | €112,337 | €117,818 | +€5,481 | +4.9% |
| Amounts receivable within one year | 40/41 | €112,317 | €117,782 | +€5,464 | +4.9% |
| Trade receivables | 40 | €454 | - | -€454 | |
| Other amounts receivable | 41 | €111,864 | €117,782 | +€5,918 | +5.3% |
| Cash at bank and in hand | 54/58 | €20 | €36 | +€16 | +83.8% |
| Total equity and liabilities | 10/49 | €113,028 | €118,060 | +€5,032 | +4.5% |
| Equity | 10/15 | €2,731 | €5,305 | +€2,574 | +94.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,269 | €305 | +€2,574 | |
| Amounts payable | 17/49 | €110,297 | €112,755 | +€2,458 | +2.2% |
| Amounts payable after more than one year | 17 | €95,005 | €95,005 | = | 0.0% |
| Other amounts payable | 178/9 | €95,005 | €95,005 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,292 | €17,750 | +€2,458 | +16.1% |
| Trade debts | 44 | €2,317 | €3,738 | +€1,421 | +61.3% |
| Suppliers | 440/4 | €2,317 | €3,738 | +€1,421 | +61.3% |
| Taxes, remuneration and social security | 45 | - | €937 | +€937 | |
| Taxes | 450/3 | - | €937 | +€937 | |
| Other amounts payable | 47/48 | €12,975 | €13,075 | +€100 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €449 | €449 | = | 0.0% |
| Other operating charges | 640/8 | €835 | €400 | -€436 | -52.2% |
| Gross operating margin | 9900 | €5,010 | €4,443 | -€567 | -11.3% |
| Operating profit (loss) | 9901 | €3,726 | €3,594 | -€132 | -3.5% |
| Financial charges | 65/66B | €74 | €84 | +€10 | +12.9% |
| Recurring financial charges | 65 | €74 | €84 | +€10 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,652 | €3,511 | -€141 | -3.9% |
| Income taxes | 67/77 | - | €937 | +€937 | |
| Profit (loss) for the period | 9904 | €3,652 | €2,574 | -€1,078 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,652 | €2,574 | -€1,078 | -29.5% |
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 25 October 2026 via checked.be.