DE BURGOS: what changed
DE BURGOS
Largest movements
- Tangible fixed assets +€5,677
up €5,677 (+388%), from €1,462 to €7,140
of which Plant, machinery and equipment: +€4,430
- Cash +€5,427
up €5,427 (+6.5%), from €83,261 to €88,688
mainly Net result for the year (+€26,456) and Tax, wage and social debts (+€4,798)
- Deferred charges and accrued income +€3,458
up €3,458 (+28.4%), from €12,177 to €15,635
- Receivables within one year -€2,473
down €2,473 (-7.0%), from €35,295 to €32,822
of which Trade receivables: -€9,788
- Reserves +€26,456
up €26,456 (+45.1%), from €58,712 to €85,167
of which Distributable reserves: +€26,456
- Advances received -€13,063
down €13,063 (-94.0%), from €13,890 to €826
- Tax, wage and social debts +€4,798
up €4,798 (+45.7%), from €10,489 to €15,287
of which Taxes: +€4,186
- Trade debts -€4,377
down €4,377 (-19.6%), from €22,351 to €17,974
- Taxes +€8,628
up €8,628 (+170%), from €5,064 to €13,692
- Gross operating margin +€8,138
up €8,138 (+21.6%), from €37,597 to €45,735
- Staff costs +€2,454
new in 2025: €2,454
- Depreciation -€2,049
down €2,049 (-58.8%), from €3,483 to €1,434
- Financial charges -€659
down €659 (-29.4%), from €2,242 to €1,583
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,500 | €157,898 | +€13,398 | +9.3% |
| Fixed assets | 21/28 | €1,912 | €7,590 | +€5,677 | +297% |
| Tangible fixed assets | 22/27 | €1,462 | €7,140 | +€5,677 | +388% |
| Plant, machinery and equipment | 23 | - | €4,430 | +€4,430 | |
| Furniture and vehicles | 24 | €1,462 | €2,710 | +€1,247 | +85.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €142,587 | €150,308 | +€7,721 | +5.4% |
| Stocks and contracts in progress | 3 | €11,854 | €13,163 | +€1,309 | +11.0% |
| Stocks | 30/36 | €11,854 | €13,163 | +€1,309 | +11.0% |
| Amounts receivable within one year | 40/41 | €35,295 | €32,822 | -€2,473 | -7.0% |
| Trade receivables | 40 | €30,028 | €20,240 | -€9,788 | -32.6% |
| Other amounts receivable | 41 | €5,267 | €12,583 | +€7,316 | +139% |
| Cash at bank and in hand | 54/58 | €83,261 | €88,688 | +€5,427 | +6.5% |
| Deferred charges and accrued income | 490/1 | €12,177 | €15,635 | +€3,458 | +28.4% |
| Total equity and liabilities | 10/49 | €144,500 | €157,898 | +€13,398 | +9.3% |
| Equity | 10/15 | €77,262 | €103,717 | +€26,456 | +34.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €58,712 | €85,167 | +€26,456 | +45.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €56,852 | €83,307 | +€26,456 | +46.5% |
| Amounts payable | 17/49 | €67,238 | €54,180 | -€13,058 | -19.4% |
| Amounts payable after more than one year | 17 | €19,025 | €18,742 | -€283 | -1.5% |
| Other amounts payable | 178/9 | €19,025 | €18,742 | -€283 | -1.5% |
| Amounts payable within one year | 42/48 | €46,730 | €34,088 | -€12,643 | -27.1% |
| Trade debts | 44 | €22,351 | €17,974 | -€4,377 | -19.6% |
| Suppliers | 440/4 | €22,351 | €17,974 | -€4,377 | -19.6% |
| Advances received on contracts in progress | 46 | €13,890 | €826 | -€13,063 | -94.0% |
| Taxes, remuneration and social security | 45 | €10,489 | €15,287 | +€4,798 | +45.7% |
| Taxes | 450/3 | €10,489 | €14,676 | +€4,186 | +39.9% |
| Remuneration and social security | 454/9 | - | €612 | +€612 | |
| Accrued charges and deferred income | 492/3 | €1,483 | €1,351 | -€132 | -8.9% |
| Non-recurring operating income | 76A | - | €19,376 | +€19,376 | |
| Remuneration, social security and pensions | 62 | - | €2,454 | +€2,454 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,483 | €1,434 | -€2,049 | -58.8% |
| Other operating charges | 640/8 | €1,380 | €769 | -€611 | -44.3% |
| Gross operating margin | 9900 | €37,597 | €45,735 | +€8,138 | +21.6% |
| Operating profit (loss) | 9901 | €32,734 | €41,078 | +€8,344 | +25.5% |
| Financial income | 75/76B | €1,012 | €653 | -€359 | -35.4% |
| Recurring financial income | 75 | €1,012 | €653 | -€359 | -35.4% |
| Financial charges | 65/66B | €2,242 | €1,583 | -€659 | -29.4% |
| Recurring financial charges | 65 | €2,242 | €1,583 | -€659 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €31,504 | €40,148 | +€8,644 | +27.4% |
| Income taxes | 67/77 | €5,064 | €13,692 | +€8,628 | +170% |
| Profit (loss) for the period | 9904 | €26,440 | €26,456 | +€16 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,440 | €26,456 | +€16 | +0.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.