Burson: 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.
Burson
Largest movements
- Receivables within one year +€1.3m
up €1.3m (+34.1%), from €3.8m to €5.1m
of which Trade receivables: +€729,401
- Stocks and contracts -€308,643
down €308,643 (-62.9%), from €491,010 to €182,367
- Cash -€293,393
down €293,393 (-72.1%), from €406,928 to €113,535
mainly Contributions, distributions and other (-€2.5m) and Receivables within one year (-€1.3m)
- Tangible fixed assets +€242,459
up €242,459 (+552%), from €43,916 to €286,376
of which Other tangible fixed assets: +€228,537
- Other debts +€1.2m
up €1.2m (+99.9%), from €1.3m to €2.5m
- Tax, wage and social debts +€200,824
up €200,824 (+32.8%), from €612,182 to €813,005
of which Taxes: +€286,620
- Advances received -€143,247
down €143,247 (-65.7%), from €218,127 to €74,880
- Provisions -€142,500
no longer reported in 2025 (was €142,500)
- Profit (loss) carried forward -€119,518
down €119,518 (-5.1%), from €2.3m to €2.2m
- Services and other goods +€1.4m
up €1.4m (+25.7%), from €5.5m to €6.9m
- Turnover +€1.3m
up €1.3m (+8.7%), from €15.3m to €16.7m
- Staff costs -€787,535
down €787,535 (-10.7%), from €7.4m to €6.6m
- Financial income -€445,521
down €445,521 (-89.3%), from €498,739 to €53,218
of which Non-recurring financial income: -€272,593
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 | €5,541,256 | €6,438,128 | +€896,872 | +16.2% |
| Fixed assets | 21/28 | €68,081 | €305,348 | +€237,267 | +349% |
| Intangible fixed assets | 21 | €24,164 | €18,972 | -€5,192 | -21.5% |
| Tangible fixed assets | 22/27 | €43,916 | €286,376 | +€242,459 | +552% |
| Plant, machinery and equipment | 23 | €4,710 | €3,509 | -€1,201 | -25.5% |
| Furniture and vehicles | 24 | €39,207 | €54,330 | +€15,123 | +38.6% |
| Other tangible fixed assets | 26 | €0 | €228,537 | +€228,537 | +571,342,150% |
| Current assets | 29/58 | €5,473,175 | €6,132,780 | +€659,605 | +12.1% |
| Stocks and contracts in progress | 3 | €491,010 | €182,367 | -€308,643 | -62.9% |
| Contracts in progress | 37 | €491,010 | €182,367 | -€308,643 | -62.9% |
| Amounts receivable within one year | 40/41 | €3,806,926 | €5,104,676 | +€1.3m | +34.1% |
| Trade receivables | 40 | €2,430,874 | €3,160,275 | +€729,401 | +30.0% |
| Other amounts receivable | 41 | €1,376,052 | €1,944,401 | +€568,350 | +41.3% |
| Cash at bank and in hand | 54/58 | €406,928 | €113,535 | -€293,393 | -72.1% |
| Deferred charges and accrued income | 490/1 | €768,312 | €732,202 | -€36,110 | -4.7% |
| Total equity and liabilities | 10/49 | €5,541,256 | €6,438,128 | +€896,872 | +16.2% |
| Equity | 10/15 | €2,656,160 | €2,536,642 | -€119,518 | -4.5% |
| Contributions | 10/11 | €306,768 | €306,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,349,392 | €2,229,874 | -€119,518 | -5.1% |
| Provisions and deferred taxes | 16 | €142,500 | - | -€142,500 | |
| Provisions for liabilities and charges | 160/5 | €142,500 | - | -€142,500 | |
| Other liabilities and charges | 164/5 | €142,500 | - | -€142,500 | |
| Amounts payable | 17/49 | €2,742,596 | €3,901,486 | +€1.2m | +42.3% |
| Amounts payable within one year | 42/48 | €2,709,098 | €3,901,486 | +€1.2m | +44.0% |
| Trade debts | 44 | €628,276 | €513,621 | -€114,655 | -18.2% |
| Suppliers | 440/4 | €628,276 | €513,621 | -€114,655 | -18.2% |
| Advances received on contracts in progress | 46 | €218,127 | €74,880 | -€143,247 | -65.7% |
| Taxes, remuneration and social security | 45 | €612,182 | €813,005 | +€200,824 | +32.8% |
| Taxes | 450/3 | - | €286,620 | +€286,620 | |
| Remuneration and social security | 454/9 | €612,182 | €526,385 | -€85,797 | -14.0% |
| Other amounts payable | 47/48 | €1,250,513 | €2,499,980 | +€1.2m | +99.9% |
| Accrued charges and deferred income | 492/3 | €33,498 | - | -€33,498 | |
| Operating income | 70/76A | €15,480,760 | €16,943,878 | +€1.5m | +9.5% |
| Turnover | 70 | €15,343,758 | €16,680,975 | +€1.3m | +8.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€357,828 | -€308,643 | +€49,185 | +13.7% |
| Other operating income | 74 | €494,829 | €571,546 | +€76,717 | +15.5% |
| Operating charges | 60/66A | €13,052,610 | €13,560,342 | +€507,732 | +3.9% |
| Services and other goods | 61 | €5,461,940 | €6,865,689 | +€1.4m | +25.7% |
| Remuneration, social security and pensions | 62 | €7,390,799 | €6,603,264 | -€787,535 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,768 | €57,431 | +€14,663 | +34.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€422 | €2,644 | +€3,066 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€142,500 | -€142,500 | |
| Other operating charges | 640/8 | €149,236 | €157,613 | +€8,377 | +5.6% |
| Non-recurring operating charges | 66A | €8,289 | €16,202 | +€7,913 | +95.5% |
| Operating profit (loss) | 9901 | €2,428,150 | €3,383,536 | +€955,386 | +39.3% |
| Financial income | 75/76B | €498,739 | €53,218 | -€445,521 | -89.3% |
| Recurring financial income | 75 | €226,147 | €53,218 | -€172,929 | -76.5% |
| Income from current assets | 751 | €149,762 | €53,218 | -€96,544 | -64.5% |
| Other financial income | 752/9 | €76,385 | - | -€76,385 | |
| Non-recurring financial income | 76B | €272,593 | - | -€272,593 | |
| Financial charges | 65/66B | €26,521 | €188,071 | +€161,549 | +609% |
| Recurring financial charges | 65 | €26,521 | €188,071 | +€161,549 | +609% |
| Debt charges | 650 | €9,566 | €14,098 | +€4,532 | +47.4% |
| Other financial charges | 652/9 | €16,955 | €173,972 | +€157,017 | +926% |
| Profit (loss) for the period before taxes | 9903 | €2,900,368 | €3,248,683 | +€348,316 | +12.0% |
| Income taxes | 67/77 | €792,411 | €868,201 | +€75,790 | +9.6% |
| Taxes | 670/3 | €792,411 | €868,201 | +€75,790 | +9.6% |
| Profit (loss) for the period | 9904 | €2,107,957 | €2,380,482 | +€272,525 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,107,957 | €2,380,482 | +€272,525 | +12.9% |
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 14 October 2026 via checked.be.