be.brusseleir: 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.
be.brusseleir
Largest movements
- Cash +€117,123
up €117,123 (+66.6%), from €175,764 to €292,888
mainly Accrued charges and deferred income (+€105,822) and Net result for the year (+€55,005)
- Receivables within one year +€60,551
up €60,551 (+79.7%), from €75,952 to €136,503
of which Trade receivables: +€35,952
- Deferred charges and accrued income -€4,636
down €4,636 (-87.4%), from €5,302 to €666
- Accrued charges and deferred income +€105,822
up €105,822 (+170%), from €62,265 to €168,087
- Profit (loss) carried forward +€55,005
new in 2025: €55,005
- Tax, wage and social debts +€10,116
up €10,116 (+46.2%), from €21,907 to €32,024
of which Remuneration and social security: +€11,054
- Staff costs +€52,362
up €52,362 (+35.4%), from €147,792 to €200,155
- Gross operating margin +€49,317
up €49,317 (+22.6%), from €218,314 to €267,631
- Write-downs -€7,259
down €7,259, from €5,633 to -€1,626
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 | €268,045 | €439,359 | +€171,314 | +63.9% |
| Fixed assets | 21/28 | €5,797 | €5,296 | -€500 | -8.6% |
| Tangible fixed assets | 22/27 | €2,789 | €2,264 | -€526 | -18.8% |
| Furniture and vehicles | 24 | €2,789 | €2,264 | -€526 | -18.8% |
| Financial fixed assets | 28 | €3,007 | €3,032 | +€25 | +0.8% |
| Current assets | 29/58 | €262,249 | €434,063 | +€171,814 | +65.5% |
| Stocks and contracts in progress | 3 | €5,230 | €4,007 | -€1,223 | -23.4% |
| Stocks | 30/36 | €5,230 | €4,007 | -€1,223 | -23.4% |
| Amounts receivable within one year | 40/41 | €75,952 | €136,503 | +€60,551 | +79.7% |
| Trade receivables | 40 | €11,766 | €47,718 | +€35,952 | +306% |
| Other amounts receivable | 41 | €64,186 | €88,785 | +€24,599 | +38.3% |
| Cash at bank and in hand | 54/58 | €175,764 | €292,888 | +€117,123 | +66.6% |
| Deferred charges and accrued income | 490/1 | €5,302 | €666 | -€4,636 | -87.4% |
| Total equity and liabilities | 10/49 | €268,045 | €439,359 | +€171,314 | +63.9% |
| Equity | 10/15 | €115,199 | €169,240 | +€54,041 | +46.9% |
| Contributions | 10/11 | €81,776 | €81,776 | = | 0.0% |
| Capital | 10 | €81,776 | €81,776 | = | 0.0% |
| Reserves | 13 | €29,143 | €29,143 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €55,005 | +€55,005 | |
| Investment grants | 15 | €4,280 | €3,317 | -€964 | -22.5% |
| Provisions and deferred taxes | 16 | €32,270 | €29,742 | -€2,528 | -7.8% |
| Provisions for liabilities and charges | 160/5 | €32,270 | €29,742 | -€2,528 | -7.8% |
| Other liabilities and charges | 164/5 | €32,270 | €29,742 | -€2,528 | -7.8% |
| Amounts payable | 17/49 | €120,576 | €240,377 | +€119,801 | +99.4% |
| Amounts payable within one year | 42/48 | €58,311 | €72,290 | +€13,979 | +24.0% |
| Trade debts | 44 | €36,404 | €40,266 | +€3,863 | +10.6% |
| Suppliers | 440/4 | €36,404 | €40,266 | +€3,863 | +10.6% |
| Taxes, remuneration and social security | 45 | €21,907 | €32,024 | +€10,116 | +46.2% |
| Taxes | 450/3 | €8,020 | €7,082 | -€938 | -11.7% |
| Remuneration and social security | 454/9 | €13,887 | €24,941 | +€11,054 | +79.6% |
| Accrued charges and deferred income | 492/3 | €62,265 | €168,087 | +€105,822 | +170% |
| Non-recurring operating income | 76A | €12,000 | €0 | -€12,000 | -100% |
| Remuneration, social security and pensions | 62 | €147,792 | €200,155 | +€52,362 | +35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €563 | €526 | -€37 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,633 | -€1,626 | -€7,259 | |
| Other operating charges | 640/8 | €272 | €756 | +€484 | +178% |
| Non-recurring operating charges | 66A | €14,648 | €14,261 | -€387 | -2.6% |
| Gross operating margin | 9900 | €218,314 | €267,631 | +€49,317 | +22.6% |
| Operating profit (loss) | 9901 | €17,136 | €56,087 | +€38,951 | +227% |
| Financial income | 75/76B | €341 | €332 | -€8 | -2.5% |
| Recurring financial income | 75 | €341 | €332 | -€8 | -2.5% |
| Financial charges | 65/66B | €1,251 | €1,414 | +€163 | +13.0% |
| Recurring financial charges | 65 | €1,251 | €1,414 | +€163 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €16,225 | €55,005 | +€38,780 | +239% |
| Profit (loss) for the period | 9904 | €16,225 | €55,005 | +€38,780 | +239% |
| Profit (loss) for the period to be appropriated | 9905 | €16,225 | €55,005 | +€38,780 | +239% |
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 28 October 2026 via checked.be.