BREUGELMANS: 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.
BREUGELMANS
Largest movements
- Receivables within one year +€7,910
up €7,910 (+25.5%), from €31,052 to €38,962
of which Other amounts receivable: +€5,234
- Cash +€6,683
up €6,683 (+130%), from €5,135 to €11,817
mainly Net result for the year (+€13,838) and Tax, wage and social debts (+€2,380)
- Profit (loss) carried forward +€13,838
up €13,838 (+113%), from €12,268 to €26,106
- Tax, wage and social debts +€2,380
up €2,380 (+47.0%), from €5,067 to €7,447
- Trade debts -€1,785
down €1,785 (-68.0%), from €2,623 to €839
- Gross operating margin +€6,433
up €6,433 (+45.5%), from €14,142 to €20,576
- Taxes +€1,115
up €1,115 (+22.3%), from €4,991 to €6,106
- Financial income +€648
up €648 (+56.9%), from €1,139 to €1,787
- Other operating charges +€585
up €585 (+91.0%), from €643 to €1,229
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 | €36,331 | €50,780 | +€14,449 | +39.8% |
| Current assets | 29/58 | €36,331 | €50,780 | +€14,449 | +39.8% |
| Amounts receivable within one year | 40/41 | €31,052 | €38,962 | +€7,910 | +25.5% |
| Trade receivables | 40 | €174 | €2,850 | +€2,676 | +1,537% |
| Other amounts receivable | 41 | €30,878 | €36,112 | +€5,234 | +17.0% |
| Cash at bank and in hand | 54/58 | €5,135 | €11,817 | +€6,683 | +130% |
| Deferred charges and accrued income | 490/1 | €143 | €0 | -€143 | -100% |
| Total equity and liabilities | 10/49 | €36,331 | €50,780 | +€14,449 | +39.8% |
| Equity | 10/15 | €28,368 | €42,206 | +€13,838 | +48.8% |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,268 | €26,106 | +€13,838 | +113% |
| Amounts payable | 17/49 | €7,962 | €8,574 | +€612 | +7.7% |
| Amounts payable within one year | 42/48 | €7,691 | €8,286 | +€595 | +7.7% |
| Trade debts | 44 | €2,623 | €839 | -€1,785 | -68.0% |
| Suppliers | 440/4 | €2,623 | €839 | -€1,785 | -68.0% |
| Taxes, remuneration and social security | 45 | €5,067 | €7,447 | +€2,380 | +47.0% |
| Taxes | 450/3 | €5,067 | €7,447 | +€2,380 | +47.0% |
| Accrued charges and deferred income | 492/3 | €272 | €288 | +€16 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97 | €0 | -€97 | -100% |
| Other operating charges | 640/8 | €643 | €1,229 | +€585 | +91.0% |
| Non-recurring operating charges | 66A | €695 | €0 | -€695 | -100% |
| Gross operating margin | 9900 | €14,142 | €20,576 | +€6,433 | +45.5% |
| Operating profit (loss) | 9901 | €12,707 | €19,347 | +€6,640 | +52.3% |
| Financial income | 75/76B | €1,139 | €1,787 | +€648 | +56.9% |
| Recurring financial income | 75 | €1,139 | €1,787 | +€648 | +56.9% |
| Financial charges | 65/66B | €1,310 | €1,190 | -€120 | -9.2% |
| Recurring financial charges | 65 | €1,310 | €999 | -€312 | -23.8% |
| Non-recurring financial charges | 66B | - | €192 | +€192 | |
| Profit (loss) for the period before taxes | 9903 | €12,536 | €19,944 | +€7,407 | +59.1% |
| Income taxes | 67/77 | €4,991 | €6,106 | +€1,115 | +22.3% |
| Profit (loss) for the period | 9904 | €7,545 | €13,838 | +€6,292 | +83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,545 | €13,838 | +€6,292 | +83.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.