BRECHT BRUGMANS KAPPER: 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.
BRECHT BRUGMANS KAPPER
Largest movements
- Receivables within one year +€52,183
up €52,183 (+214%), from €24,329 to €76,512
of which Trade receivables: +€49,380
- Cash +€2,227
up €2,227 (+6.1%), from €36,537 to €38,764
mainly Trade debts (+€42,748) and Net result for the year (+€12,856)
- Deferred charges and accrued income +€1,848
new in 2024: €1,848
- Tangible fixed assets +€1,784
up €1,784 (+41.6%), from €4,284 to €6,068
of which Plant, machinery and equipment: +€2,769
- Trade debts +€42,748
up €42,748 (+140%), from €30,501 to €73,249
- Profit (loss) carried forward +€12,856
up €12,856 (+56.4%), from €22,781 to €35,637
- Tax, wage and social debts +€5,087
up €5,087 (+81.0%), from €6,284 to €11,371
of which Remuneration and social security: +€3,855
- Other debts -€4,485
no longer reported in 2024 (was €4,485)
- Advances received +€1,836
new in 2024: €1,836
- Staff costs +€27,126
up €27,126 (+114%), from €23,824 to €50,950
- Gross operating margin +€17,504
up €17,504 (+31.9%), from €54,858 to €72,362
- Taxes -€2,728
down €2,728 (-43.4%), from €6,284 to €3,556
- Financial charges +€2,416
up €2,416 (+741%), from €326 to €2,742
- Depreciation +€1,292
up €1,292 (+160%), from €806 to €2,097
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,551 | €123,593 | +€58,042 | +88.5% |
| Fixed assets | 21/28 | €4,684 | €6,468 | +€1,784 | +38.1% |
| Tangible fixed assets | 22/27 | €4,284 | €6,068 | +€1,784 | +41.6% |
| Plant, machinery and equipment | 23 | €2,597 | €5,366 | +€2,769 | +107% |
| Furniture and vehicles | 24 | €1,687 | €702 | -€985 | -58.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €60,867 | €117,125 | +€56,258 | +92.4% |
| Amounts receivable within one year | 40/41 | €24,329 | €76,512 | +€52,183 | +214% |
| Trade receivables | 40 | €20,408 | €69,787 | +€49,380 | +242% |
| Other amounts receivable | 41 | €3,922 | €6,725 | +€2,803 | +71.5% |
| Cash at bank and in hand | 54/58 | €36,537 | €38,764 | +€2,227 | +6.1% |
| Deferred charges and accrued income | 490/1 | - | €1,848 | +€1,848 | |
| Total equity and liabilities | 10/49 | €65,551 | €123,593 | +€58,042 | +88.5% |
| Equity | 10/15 | €24,281 | €37,137 | +€12,856 | +52.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,781 | €35,637 | +€12,856 | +56.4% |
| Amounts payable | 17/49 | €41,269 | €86,456 | +€45,186 | +109% |
| Amounts payable within one year | 42/48 | €41,269 | €86,456 | +€45,186 | +109% |
| Trade debts | 44 | €30,501 | €73,249 | +€42,748 | +140% |
| Suppliers | 440/4 | €30,501 | €73,249 | +€42,748 | +140% |
| Advances received on contracts in progress | 46 | - | €1,836 | +€1,836 | |
| Taxes, remuneration and social security | 45 | €6,284 | €11,371 | +€5,087 | +81.0% |
| Taxes | 450/3 | €6,284 | €7,515 | +€1,232 | +19.6% |
| Remuneration and social security | 454/9 | - | €3,855 | +€3,855 | |
| Other amounts payable | 47/48 | €4,485 | - | -€4,485 | |
| Non-recurring operating income | 76A | €1,706 | - | -€1,706 | |
| Remuneration, social security and pensions | 62 | €23,824 | €50,950 | +€27,126 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €806 | €2,097 | +€1,292 | +160% |
| Other operating charges | 640/8 | €842 | €242 | -€600 | -71.3% |
| Gross operating margin | 9900 | €54,858 | €72,362 | +€17,504 | +31.9% |
| Operating profit (loss) | 9901 | €29,386 | €19,073 | -€10,313 | -35.1% |
| Financial income | 75/76B | €5 | €80 | +€75 | +1,640% |
| Recurring financial income | 75 | €5 | €80 | +€75 | +1,640% |
| Financial charges | 65/66B | €326 | €2,742 | +€2,416 | +741% |
| Recurring financial charges | 65 | €326 | €2,742 | +€2,416 | +741% |
| Profit (loss) for the period before taxes | 9903 | €29,065 | €16,411 | -€12,654 | -43.5% |
| Income taxes | 67/77 | €6,284 | €3,556 | -€2,728 | -43.4% |
| Profit (loss) for the period | 9904 | €22,781 | €12,856 | -€9,925 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,781 | €12,856 | -€9,925 | -43.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.