BRU-CONSTRUCT: what changed
Two fiscal 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.
BRU-CONSTRUCT
Largest movements
- Receivables within one year -€55,685
down €55,685 (-67.4%), from €82,674 to €26,989
of which Trade receivables: -€67,209
- Deferred charges and accrued income -€1,015
no longer reported in 2025 (was €1,015)
- Tangible fixed assets -€1,000
down €1,000 (-51.0%), from €1,962 to €962
- Debts after one year -€58,500
down €58,500 (-48.3%), from €121,047 to €62,547
- Profit (loss) carried forward +€9,104
up €9,104 (+6.1%), from -€149,667 to -€140,563
- Tax, wage and social debts -€3,541
down €3,541 (-79.6%), from €4,447 to €906
- Trade debts -€3,273
down €3,273 (-82.6%), from €3,961 to €688
- Other debts -€916
down €916 (-33.5%), from €2,735 to €1,819
- Other operating charges -€18,311
down €18,311 (-94.3%), from €19,424 to €1,114
- Gross operating margin -€9,909
down €9,909 (-45.9%), from €21,583 to €11,674
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.
Cash bridge derived
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 | €85,793 | €28,671 | -€57,122 | -66.6% |
| Fixed assets | 21/28 | €1,962 | €962 | -€1,000 | -51.0% |
| Tangible fixed assets | 22/27 | €1,962 | €962 | -€1,000 | -51.0% |
| Land and buildings | 22 | €1,962 | €962 | -€1,000 | -51.0% |
| Current assets | 29/58 | €83,831 | €27,709 | -€56,122 | -66.9% |
| Amounts receivable within one year | 40/41 | €82,674 | €26,989 | -€55,685 | -67.4% |
| Trade receivables | 40 | €70,809 | €3,600 | -€67,209 | -94.9% |
| Other amounts receivable | 41 | €11,866 | €23,389 | +€11,524 | +97.1% |
| Cash at bank and in hand | 54/58 | €141 | €720 | +€579 | +409.8% |
| Deferred charges and accrued income | 490/1 | €1,015 | - | -€1,015 | |
| Total equity and liabilities | 10/49 | €85,793 | €28,671 | -€57,122 | -66.6% |
| Equity | 10/15 | -€46,460 | -€37,356 | +€9,104 | +19.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,207 | €3,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,207 | €3,207 | = | 0.0% |
| Legal reserve | 130 | €3,207 | €3,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,667 | -€140,563 | +€9,104 | +6.1% |
| Amounts payable | 17/49 | €132,253 | €66,027 | -€66,226 | -50.1% |
| Amounts payable after more than one year | 17 | €121,047 | €62,547 | -€58,500 | -48.3% |
| Financial debts | 170/4 | €121,047 | €62,547 | -€58,500 | -48.3% |
| Amounts payable within one year | 42/48 | €11,143 | €3,413 | -€7,729 | -69.4% |
| Trade debts | 44 | €3,961 | €688 | -€3,273 | -82.6% |
| Suppliers | 440/4 | €3,961 | €688 | -€3,273 | -82.6% |
| Taxes, remuneration and social security | 45 | €4,447 | €906 | -€3,541 | -79.6% |
| Taxes | 450/3 | €4,447 | €906 | -€3,541 | -79.6% |
| Other amounts payable | 47/48 | €2,735 | €1,819 | -€916 | -33.5% |
| Accrued charges and deferred income | 492/3 | €64 | €67 | +€3 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €19,424 | €1,114 | -€18,311 | -94.3% |
| Gross operating margin | 9900 | €21,583 | €11,674 | -€9,909 | -45.9% |
| Operating profit (loss) | 9901 | €1,159 | €9,561 | +€8,402 | +725.1% |
| Financial charges | 65/66B | €245 | €309 | +€64 | +26.0% |
| Recurring financial charges | 65 | €245 | €309 | +€64 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €913 | €9,252 | +€8,338 | +912.9% |
| Income taxes | 67/77 | €327 | €147 | -€179 | -54.9% |
| Profit (loss) for the period | 9904 | €587 | €9,104 | +€8,518 | +1451.4% |
| Profit (loss) for the period to be appropriated | 9905 | €587 | €9,104 | +€8,518 | +1451.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.