Burtenshaw Software: 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.
Burtenshaw Software
Largest movements
- Tangible fixed assets +€6,299
up €6,299 (+613%), from €1,028 to €7,327
- Cash +€4,853
up €4,853 (+32.4%), from €14,968 to €19,820
mainly Net result for the year (+€12,606) and Tax, wage and social debts (+€7,854)
- Deferred charges and accrued income +€1,039
new in 2025: €1,039
- Receivables within one year +€866
up €866 (+91.8%), from €943 to €1,809
of which Other amounts receivable: +€1,248
- Profit (loss) carried forward +€7,992
up €7,992 (+143%), from €5,593 to €13,585
- Tax, wage and social debts +€7,854
up €7,854 (+215%), from €3,654 to €11,508
- Trade debts -€2,812
down €2,812 (-64.2%), from €4,378 to €1,566
- Gross operating margin +€14,207
up €14,207 (+197%), from €7,212 to €21,419
- Taxes +€4,200
up €4,200 (+270%), from €1,554 to €5,754
- Other operating charges +€1,474
new in 2025: €1,474
- Depreciation +€1,018
up €1,018 (+3,299%), from €31 to €1,049
- Financial charges +€665
up €665 (+1,943%), from €34 to €699
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 | €16,939 | €29,996 | +€13,057 | +77.1% |
| Fixed assets | 21/28 | €1,028 | €7,327 | +€6,299 | +613% |
| Tangible fixed assets | 22/27 | €1,028 | €7,327 | +€6,299 | +613% |
| Plant, machinery and equipment | 23 | €1,028 | €7,327 | +€6,299 | +613% |
| Current assets | 29/58 | €15,911 | €22,669 | +€6,758 | +42.5% |
| Amounts receivable within one year | 40/41 | €943 | €1,809 | +€866 | +91.8% |
| Trade receivables | 40 | €382 | €0 | -€382 | -100% |
| Other amounts receivable | 41 | €562 | €1,809 | +€1,248 | +222% |
| Cash at bank and in hand | 54/58 | €14,968 | €19,820 | +€4,853 | +32.4% |
| Deferred charges and accrued income | 490/1 | - | €1,039 | +€1,039 | |
| Total equity and liabilities | 10/49 | €16,939 | €29,996 | +€13,057 | +77.1% |
| Equity | 10/15 | €8,093 | €16,085 | +€7,992 | +98.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,593 | €13,585 | +€7,992 | +143% |
| Amounts payable | 17/49 | €8,846 | €13,911 | +€5,065 | +57.3% |
| Amounts payable within one year | 42/48 | €8,846 | €13,911 | +€5,065 | +57.3% |
| Trade debts | 44 | €4,378 | €1,566 | -€2,812 | -64.2% |
| Suppliers | 440/4 | €4,378 | €1,566 | -€2,812 | -64.2% |
| Taxes, remuneration and social security | 45 | €3,654 | €11,508 | +€7,854 | +215% |
| Taxes | 450/3 | €3,654 | €11,508 | +€7,854 | +215% |
| Other amounts payable | 47/48 | €814 | €837 | +€22 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €1,049 | +€1,018 | +3,299% |
| Other operating charges | 640/8 | - | €1,474 | +€1,474 | |
| Gross operating margin | 9900 | €7,212 | €21,419 | +€14,207 | +197% |
| Operating profit (loss) | 9901 | €7,181 | €18,896 | +€11,715 | +163% |
| Financial income | 75/76B | - | €164 | +€164 | |
| Recurring financial income | 75 | - | €164 | +€164 | |
| Financial charges | 65/66B | €34 | €699 | +€665 | +1,943% |
| Recurring financial charges | 65 | €34 | €699 | +€665 | +1,943% |
| Profit (loss) for the period before taxes | 9903 | €7,147 | €18,361 | +€11,214 | +157% |
| Income taxes | 67/77 | €1,554 | €5,754 | +€4,200 | +270% |
| Profit (loss) for the period | 9904 | €5,593 | €12,606 | +€7,013 | +125% |
| Profit (loss) for the period to be appropriated | 9905 | €5,593 | €12,606 | +€7,013 | +125% |
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 15 October 2026 via checked.be.