Brelus Consulting: 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.
Brelus Consulting
Largest movements
- Tangible fixed assets -€13,971
down €13,971 (-11.6%), from €120,083 to €106,112
of which Furniture and vehicles: -€13,074
- Receivables within one year -€7,094
down €7,094 (-88.5%), from €8,020 to €926
of which Trade receivables: -€6,289
- Cash -€2,698
down €2,698 (-57.2%), from €4,717 to €2,019
mainly Debts after one year (-€12,435) and Other debts (-€9,495)
- Deferred charges and accrued income -€1,367
down €1,367 (-52.8%), from €2,588 to €1,222
- Debts after one year -€12,435
down €12,435 (-33.8%), from €36,764 to €24,329
- Other debts -€9,495
down €9,495 (-15.5%), from €61,060 to €51,565
- Tax, wage and social debts -€3,342
down €3,342 (-71.9%), from €4,649 to €1,307
- Gross operating margin -€10,965
down €10,965 (-29.5%), from €37,175 to €26,210
- Taxes -€2,361
down €2,361 (-67.6%), from €3,491 to €1,131
- Other operating charges -€542
down €542 (-17.1%), from €3,166 to €2,624
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 | €135,408 | €110,278 | -€25,129 | -18.6% |
| Fixed assets | 21/28 | €120,083 | €106,112 | -€13,971 | -11.6% |
| Tangible fixed assets | 22/27 | €120,083 | €106,112 | -€13,971 | -11.6% |
| Land and buildings | 22 | €87,750 | €86,852 | -€898 | -1.0% |
| Furniture and vehicles | 24 | €32,333 | €19,259 | -€13,074 | -40.4% |
| Current assets | 29/58 | €15,325 | €4,167 | -€11,158 | -72.8% |
| Amounts receivable within one year | 40/41 | €8,020 | €926 | -€7,094 | -88.5% |
| Trade receivables | 40 | €6,289 | - | -€6,289 | |
| Other amounts receivable | 41 | €1,731 | €926 | -€805 | -46.5% |
| Cash at bank and in hand | 54/58 | €4,717 | €2,019 | -€2,698 | -57.2% |
| Deferred charges and accrued income | 490/1 | €2,588 | €1,222 | -€1,367 | -52.8% |
| Total equity and liabilities | 10/49 | €135,408 | €110,278 | -€25,129 | -18.6% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €114,948 | €89,818 | -€25,129 | -21.9% |
| Amounts payable after more than one year | 17 | €36,764 | €24,329 | -€12,435 | -33.8% |
| Financial debts | 170/4 | €36,764 | €24,329 | -€12,435 | -33.8% |
| Amounts payable within one year | 42/48 | €78,184 | €65,489 | -€12,695 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €12,261 | €12,435 | +€174 | +1.4% |
| Trade debts | 44 | €215 | €183 | -€32 | -14.8% |
| Suppliers | 440/4 | €215 | €183 | -€32 | -14.8% |
| Taxes, remuneration and social security | 45 | €4,649 | €1,307 | -€3,342 | -71.9% |
| Taxes | 450/3 | €4,649 | €1,307 | -€3,342 | -71.9% |
| Other amounts payable | 47/48 | €61,060 | €51,565 | -€9,495 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,094 | €20,258 | +€164 | +0.8% |
| Other operating charges | 640/8 | €3,166 | €2,624 | -€542 | -17.1% |
| Gross operating margin | 9900 | €37,175 | €26,210 | -€10,965 | -29.5% |
| Operating profit (loss) | 9901 | €13,916 | €3,328 | -€10,588 | -76.1% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €949 | €752 | -€198 | -20.8% |
| Recurring financial charges | 65 | €949 | €752 | -€198 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €12,966 | €2,579 | -€10,387 | -80.1% |
| Income taxes | 67/77 | €3,491 | €1,131 | -€2,361 | -67.6% |
| Profit (loss) for the period | 9904 | €9,475 | €1,448 | -€8,027 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,475 | €1,448 | -€8,027 | -84.7% |
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 15 October 2026 via checked.be.