Buruwal: 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.
Buruwal
Largest movements
- Tangible fixed assets -€8,176
down €8,176 (-30.1%), from €27,151 to €18,975
- Receivables within one year -€8,082
down €8,082 (-76.4%), from €10,586 to €2,503
- Cash -€1,164
down €1,164 (-22.0%), from €5,282 to €4,118
mainly Other debts (-€20,790) and Tax, wage and social debts (-€893)
- Formation expenses -€744
no longer reported in 2025 (was €744)
- Other debts -€20,790
down €20,790 (-63.2%), from €32,916 to €12,127
- Profit (loss) carried forward +€3,832
up €3,832 (+105.7%), from €3,625 to €7,457
- Tax, wage and social debts -€893
down €893 (-56.9%), from €1,570 to €677
- Trade debts -€708
down €708 (-28.8%), from €2,460 to €1,752
- Gross operating margin +€7,857
up €7,857 (+24.8%), from €31,708 to €39,565
- Staff costs +€7,724
up €7,724 (+44.0%), from €17,568 to €25,292
- Turnover +€7,547
up €7,547 (+6.5%), from €116,154 to €123,701
- Other operating charges -€1,321
down €1,321 (-57.2%), from €2,309 to €989
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 | €43,762 | €25,596 | -€18,166 | -41.5% |
| Formation expenses | 20 | €744 | - | -€744 | |
| Fixed assets | 21/28 | €27,151 | €18,975 | -€8,176 | -30.1% |
| Tangible fixed assets | 22/27 | €27,151 | €18,975 | -€8,176 | -30.1% |
| Furniture and vehicles | 24 | €27,151 | €18,975 | -€8,176 | -30.1% |
| Current assets | 29/58 | €15,868 | €6,621 | -€9,246 | -58.3% |
| Amounts receivable within one year | 40/41 | €10,586 | €2,503 | -€8,082 | -76.4% |
| Trade receivables | 40 | €10,586 | €2,503 | -€8,082 | -76.4% |
| Cash at bank and in hand | 54/58 | €5,282 | €4,118 | -€1,164 | -22.0% |
| Total equity and liabilities | 10/49 | €43,762 | €25,596 | -€18,166 | -41.5% |
| Equity | 10/15 | €6,816 | €11,041 | +€4,225 | +62.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €191 | €583 | +€393 | +205.7% |
| Non-distributable reserves | 130/1 | €191 | €583 | +€393 | +205.7% |
| Reserves not available under the articles | 1311 | €191 | €583 | +€393 | +205.7% |
| Profit (loss) carried forward | 14 | €3,625 | €7,457 | +€3,832 | +105.7% |
| Amounts payable | 17/49 | €36,946 | €14,555 | -€22,391 | -60.6% |
| Amounts payable within one year | 42/48 | €36,946 | €14,555 | -€22,391 | -60.6% |
| Trade debts | 44 | €2,460 | €1,752 | -€708 | -28.8% |
| Suppliers | 440/4 | €2,460 | €1,752 | -€708 | -28.8% |
| Taxes, remuneration and social security | 45 | €1,570 | €677 | -€893 | -56.9% |
| Taxes | 450/3 | €1,570 | €677 | -€893 | -56.9% |
| Other amounts payable | 47/48 | €32,916 | €12,127 | -€20,790 | -63.2% |
| Turnover | 70 | €116,154 | €123,701 | +€7,547 | +6.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €84,446 | €84,136 | -€310 | -0.4% |
| Remuneration, social security and pensions | 62 | €17,568 | €25,292 | +€7,724 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,973 | €8,920 | +€947 | +11.9% |
| Other operating charges | 640/8 | €2,309 | €989 | -€1,321 | -57.2% |
| Gross operating margin | 9900 | €31,708 | €39,565 | +€7,857 | +24.8% |
| Operating profit (loss) | 9901 | €3,858 | €4,365 | +€507 | +13.1% |
| Financial charges | 65/66B | €42 | €141 | +€99 | +234.8% |
| Recurring financial charges | 65 | €42 | €141 | +€99 | +234.8% |
| Profit (loss) for the period before taxes | 9903 | €3,816 | €4,225 | +€409 | +10.7% |
| Profit (loss) for the period | 9904 | €3,816 | €4,225 | +€409 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,816 | €4,225 | +€409 | +10.7% |
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 12 October 2026 via checked.be.