Fiduciaire Bourguignon: what changed
Fiduciaire Bourguignon
Largest movements
- Receivables within one year +€48,189
up €48,189 (+24.2%), from €198,860 to €247,050
of which Trade receivables: +€38,140
- Tangible fixed assets -€22,650
down €22,650 (-36.2%), from €62,487 to €39,837
of which Other tangible fixed assets: -€11,739
- Deferred charges and accrued income -€8,424
down €8,424 (-75.1%), from €11,223 to €2,799
- Receivables after one year -€7,003
down €7,003 (-5.7%), from €123,197 to €116,194
- Cash -€6,945
down €6,945 (-10.5%), from €65,974 to €59,029
mainly Receivables within one year (-€48,189) and Contributions, distributions and other (-€45,000)
- Reserves +€50,380
up €50,380 (+33.4%), from €150,737 to €201,117
of which Distributable reserves: +€50,380
- Profit (loss) carried forward -€45,000
down €45,000 (-60.9%), from €73,917 to €28,917
- Trade debts -€12,858
down €12,858 (-73.7%), from €17,441 to €4,583
- Debts after one year -€10,699
down €10,699 (-38.5%), from €27,758 to €17,059
- Tax, wage and social debts +€7,471
up €7,471 (+8.7%), from €85,802 to €93,273
of which Remuneration and social security: +€9,766
- Gross operating margin +€27,103
up €27,103 (+10.2%), from €265,390 to €292,493
- Staff costs +€21,023
up €21,023 (+15.8%), from €132,948 to €153,971
- Financial charges +€5,942
up €5,942 (+89.7%), from €6,624 to €12,566
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 | €461,740 | €464,908 | +€3,168 | +0.7% |
| Fixed assets | 21/28 | €62,487 | €39,837 | -€22,650 | -36.2% |
| Tangible fixed assets | 22/27 | €62,487 | €39,837 | -€22,650 | -36.2% |
| Furniture and vehicles | 24 | €15,374 | €4,463 | -€10,911 | -71.0% |
| Other tangible fixed assets | 26 | €47,112 | €35,374 | -€11,739 | -24.9% |
| Current assets | 29/58 | €399,254 | €425,072 | +€25,818 | +6.5% |
| Amounts receivable after more than one year | 29 | €123,197 | €116,194 | -€7,003 | -5.7% |
| Other amounts receivable | 291 | €123,197 | €116,194 | -€7,003 | -5.7% |
| Amounts receivable within one year | 40/41 | €198,860 | €247,050 | +€48,189 | +24.2% |
| Trade receivables | 40 | €143,619 | €181,759 | +€38,140 | +26.6% |
| Other amounts receivable | 41 | €55,242 | €65,291 | +€10,050 | +18.2% |
| Cash at bank and in hand | 54/58 | €65,974 | €59,029 | -€6,945 | -10.5% |
| Deferred charges and accrued income | 490/1 | €11,223 | €2,799 | -€8,424 | -75.1% |
| Total equity and liabilities | 10/49 | €461,740 | €464,908 | +€3,168 | +0.7% |
| Equity | 10/15 | €261,839 | €267,219 | +€5,380 | +2.1% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €150,737 | €201,117 | +€50,380 | +33.4% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €147,019 | €197,399 | +€50,380 | +34.3% |
| Profit (loss) carried forward | 14 | €73,917 | €28,917 | -€45,000 | -60.9% |
| Amounts payable | 17/49 | €199,902 | €197,690 | -€2,212 | -1.1% |
| Amounts payable after more than one year | 17 | €27,758 | €17,059 | -€10,699 | -38.5% |
| Financial debts | 170/4 | €27,758 | €17,059 | -€10,699 | -38.5% |
| Amounts payable within one year | 42/48 | €170,943 | €179,431 | +€8,487 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €11,700 | €18,379 | +€6,679 | +57.1% |
| Trade debts | 44 | €17,441 | €4,583 | -€12,858 | -73.7% |
| Suppliers | 440/4 | €17,441 | €4,583 | -€12,858 | -73.7% |
| Taxes, remuneration and social security | 45 | €85,802 | €93,273 | +€7,471 | +8.7% |
| Taxes | 450/3 | €69,719 | €67,424 | -€2,295 | -3.3% |
| Remuneration and social security | 454/9 | €16,083 | €25,849 | +€9,766 | +60.7% |
| Other amounts payable | 47/48 | €56,000 | €63,195 | +€7,195 | +12.8% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €132,948 | €153,971 | +€21,023 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,760 | €24,095 | +€335 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,785 | €9,866 | +€2,081 | +26.7% |
| Other operating charges | 640/8 | €7,707 | €7,390 | -€317 | -4.1% |
| Non-recurring operating charges | 66A | - | €1,453 | +€1,453 | |
| Gross operating margin | 9900 | €265,390 | €292,493 | +€27,103 | +10.2% |
| Operating profit (loss) | 9901 | €93,189 | €95,718 | +€2,529 | +2.7% |
| Financial income | 75/76B | €109 | €151 | +€42 | +38.6% |
| Recurring financial income | 75 | €109 | €151 | +€42 | +38.6% |
| Financial charges | 65/66B | €6,624 | €12,566 | +€5,942 | +89.7% |
| Recurring financial charges | 65 | €6,624 | €12,566 | +€5,942 | +89.7% |
| Profit (loss) for the period before taxes | 9903 | €86,674 | €83,303 | -€3,371 | -3.9% |
| Income taxes | 67/77 | €35,302 | €32,923 | -€2,379 | -6.7% |
| Profit (loss) for the period | 9904 | €51,372 | €50,380 | -€992 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,372 | €50,380 | -€992 | -1.9% |
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 2 November 2026 via checked.be.