BURRICK: 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.
What changed
BURRICK
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€44,003
2024 · €55,923-€99,926
Equity
€722,779
2024 · €769,101-€46,322
Cash
€281,188
2024 · €346,849-€65,661
Balance sheet total
€3.6m
2024 · €2.7m+€825,430
Largest movements
Assets
- Tangible fixed assets +€1.0m
up €1.0m (+96.5%), from €1.1m to €2.1m
of which Land and buildings: +€967,544
- Cash -€65,661
down €65,661 (-18.9%), from €346,849 to €281,188
mainly Investment in fixed assets (net) (-€1.2m) and Net result for the year (-€44,003)
- Stocks and contracts -€65,355
down €65,355 (-14.2%), from €459,659 to €394,304
- Receivables within one year -€60,704
down €60,704 (-7.2%), from €842,749 to €782,044
of which Trade receivables: -€32,819
Equity and liabilities
- Debts after one year +€816,186
up €816,186 (+64.5%), from €1.3m to €2.1m
- Short-term financial debts +€61,136
up €61,136 (+60.1%), from €101,640 to €162,776
- Current portion of long-term debt +€55,404
up €55,404 (+41.3%), from €134,087 to €189,492
- Profit (loss) carried forward -€41,541
down €41,541, from €0 to -€41,541
Income statement
- Depreciation +€65,151
up €65,151 (+44.2%), from €147,522 to €212,673
- Financial charges +€36,449
up €36,449 (+97.6%), from €37,342 to €73,790
- Staff costs +€11,556
up €11,556 (+1.4%), from €816,377 to €827,933
- Taxes -€10,907
down €10,907 (-90.0%), from €12,115 to €1,208
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.
Result 2024
€55,923
Gross operating margin
+€5,217
Staff costs
-€11,556
Depreciation
-€65,151
Other operating charges
-€354
Financial income
-€2,539
Financial charges
-€36,449
Taxes
+€10,907
Result 2025
-€44,003
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.
From operations
+€233,426
Investment
-€1.2m
Financing
+€930,407
Cash 2024
€346,849
From operations (derived)
+€233,426
Net result for the year
-€44,003
Depreciation
+€212,673
Stocks and contracts
+€65,355
Receivables within one year
+€60,704
Smaller working-capital items
-€2,792
Trade debts
-€5,768
Tax, wage and social debts
-€30,143
Other debts
-€22,601
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
+€930,407
Debts after one year
+€816,186
Current portion of long-term debt
+€55,404
Short-term financial debts
+€61,136
Contributions, distributions and other
-€2,319
Cash 2025
€281,188
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,727,017 | €3,552,447 | +€825,430 | +30.3% |
| Fixed assets | 21/28 | €1,067,151 | €2,083,971 | +€1.0m | +95.3% |
| Intangible fixed assets | 21 | €800 | €2,519 | +€1,719 | +214.9% |
| Tangible fixed assets | 22/27 | €1,051,481 | €2,066,583 | +€1.0m | +96.5% |
| Land and buildings | 22 | €676,265 | €1,643,809 | +€967,544 | +143.1% |
| Plant, machinery and equipment | 23 | €118,727 | €197,239 | +€78,511 | +66.1% |
| Furniture and vehicles | 24 | €102,196 | €157,440 | +€55,244 | +54.1% |
| Leasing and similar rights | 25 | €154,293 | €68,095 | -€86,198 | -55.9% |
| Financial fixed assets | 28 | €14,870 | €14,870 | = | 0.0% |
| Current assets | 29/58 | €1,659,866 | €1,468,476 | -€191,390 | -11.5% |
| Stocks and contracts in progress | 3 | €459,659 | €394,304 | -€65,355 | -14.2% |
| Stocks | 30/36 | €459,659 | €394,304 | -€65,355 | -14.2% |
| Amounts receivable within one year | 40/41 | €842,749 | €782,044 | -€60,704 | -7.2% |
| Trade receivables | 40 | €814,863 | €782,044 | -€32,819 | -4.0% |
| Other amounts receivable | 41 | €27,885 | €0 | -€27,885 | -100.0% |
| Cash at bank and in hand | 54/58 | €346,849 | €281,188 | -€65,661 | -18.9% |
| Deferred charges and accrued income | 490/1 | €10,609 | €10,939 | +€330 | +3.1% |
| Total equity and liabilities | 10/49 | €2,727,017 | €3,552,447 | +€825,430 | +30.3% |
| Equity | 10/15 | €769,101 | €722,779 | -€46,322 | -6.0% |
| Contributions | 10/11 | €268,286 | €268,286 | = | 0.0% |
| Capital | 10 | €268,173 | €268,173 | = | 0.0% |
| Issued capital | 100 | €268,173 | €268,173 | = | 0.0% |
| Outside capital | 11 | €113 | €113 | = | 0.0% |
| Share premium | 1100/10 | €113 | €113 | = | 0.0% |
| Reserves | 13 | €500,816 | €496,034 | -€4,781 | -1.0% |
| Non-distributable reserves | 130/1 | €26,817 | €26,817 | = | 0.0% |
| Legal reserve | 130 | €26,817 | €26,817 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,344 | €9,563 | -€4,781 | -33.3% |
| Distributable reserves | 133 | €459,654 | €459,654 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€41,541 | -€41,541 | |
| Provisions and deferred taxes | 16 | €7,386 | €4,924 | -€2,462 | -33.3% |
| Deferred taxes | 168 | €7,386 | €4,924 | -€2,462 | -33.3% |
| Amounts payable | 17/49 | €1,950,529 | €2,824,744 | +€874,215 | +44.8% |
| Amounts payable after more than one year | 17 | €1,264,652 | €2,080,838 | +€816,186 | +64.5% |
| Financial debts | 170/4 | €1,264,652 | €2,080,838 | +€816,186 | +64.5% |
| Amounts payable within one year | 42/48 | €685,877 | €743,906 | +€58,029 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €134,087 | €189,492 | +€55,404 | +41.3% |
| Financial debts | 43 | €101,640 | €162,776 | +€61,136 | +60.1% |
| Credit institutions | 430/8 | €101,640 | €162,776 | +€61,136 | +60.1% |
| Trade debts | 44 | €252,008 | €246,240 | -€5,768 | -2.3% |
| Suppliers | 440/4 | €252,008 | €246,240 | -€5,768 | -2.3% |
| Taxes, remuneration and social security | 45 | €170,460 | €140,317 | -€30,143 | -17.7% |
| Taxes | 450/3 | €66,904 | €42,145 | -€24,758 | -37.0% |
| Remuneration and social security | 454/9 | €103,556 | €98,171 | -€5,384 | -5.2% |
| Other amounts payable | 47/48 | €27,682 | €5,081 | -€22,601 | -81.6% |
| Non-recurring operating income | 76A | €1,500 | €12,701 | +€11,201 | +746.7% |
| Remuneration, social security and pensions | 62 | €816,377 | €827,933 | +€11,556 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,522 | €212,673 | +€65,151 | +44.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €18,557 | €18,911 | +€354 | +1.9% |
| Gross operating margin | 9900 | €1,073,831 | €1,079,049 | +€5,217 | +0.5% |
| Operating profit (loss) | 9901 | €91,376 | €19,531 | -€71,844 | -78.6% |
| Financial income | 75/76B | €9,222 | €6,683 | -€2,539 | -27.5% |
| Recurring financial income | 75 | €9,222 | €6,683 | -€2,539 | -27.5% |
| Financial charges | 65/66B | €37,342 | €73,790 | +€36,449 | +97.6% |
| Recurring financial charges | 65 | €37,342 | €73,790 | +€36,449 | +97.6% |
| Profit (loss) for the period before taxes | 9903 | €63,256 | -€47,576 | -€110,833 | |
| Transfer from deferred taxes | 780 | €4,781 | €4,781 | = | 0.0% |
| Income taxes | 67/77 | €12,115 | €1,208 | -€10,907 | -90.0% |
| Profit (loss) for the period | 9904 | €55,923 | -€44,003 | -€99,926 | |
| Transfer from tax-exempt reserves | 789 | €2,462 | €2,462 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,385 | -€41,541 | -€99,926 |
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 6 October 2026 via checked.be.