BRU CONSULT: 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 CONSULT
Largest movements
- Receivables within one year +€197,671
up €197,671 (+109.2%), from €180,973 to €378,644
of which Trade receivables: +€193,215
- Tangible fixed assets -€30,494
down €30,494 (-8.1%), from €377,646 to €347,151
of which Land and buildings: -€24,415
- Reserves +€189,980
up €189,980 (+259.1%), from €73,318 to €263,298
- Tax, wage and social debts +€83,360
up €83,360 (+404.2%), from €20,624 to €103,983
- Debts after one year -€51,962
down €51,962 (-62.9%), from €82,668 to €30,706
- Other debts -€47,780
down €47,780 (-5.6%), from €858,474 to €810,694
- Trade debts -€14,912
down €14,912 (-50.7%), from €29,396 to €14,484
- Gross operating margin +€271,209
up €271,209 (+293.8%), from €92,315 to €363,523
- Taxes +€101,780
up €101,780 (+1036.6%), from €9,818 to €111,598
- Financial charges +€8,300
up €8,300 (+131.1%), from €6,330 to €14,630
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 | €1,114,148 | €1,283,324 | +€169,175 | +15.2% |
| Fixed assets | 21/28 | €909,616 | €879,121 | -€30,494 | -3.4% |
| Tangible fixed assets | 22/27 | €377,646 | €347,151 | -€30,494 | -8.1% |
| Land and buildings | 22 | €292,040 | €267,625 | -€24,415 | -8.4% |
| Furniture and vehicles | 24 | €36,203 | €32,716 | -€3,487 | -9.6% |
| Other tangible fixed assets | 26 | €49,402 | €46,810 | -€2,593 | -5.2% |
| Financial fixed assets | 28 | €531,970 | €531,970 | = | 0.0% |
| Current assets | 29/58 | €204,533 | €404,202 | +€199,670 | +97.6% |
| Amounts receivable within one year | 40/41 | €180,973 | €378,644 | +€197,671 | +109.2% |
| Trade receivables | 40 | €157,137 | €350,352 | +€193,215 | +123.0% |
| Other amounts receivable | 41 | €23,836 | €28,292 | +€4,456 | +18.7% |
| Cash at bank and in hand | 54/58 | €18,533 | €22,423 | +€3,890 | +21.0% |
| Deferred charges and accrued income | 490/1 | €5,027 | €3,136 | -€1,891 | -37.6% |
| Total equity and liabilities | 10/49 | €1,114,148 | €1,283,324 | +€169,175 | +15.2% |
| Equity | 10/15 | €79,518 | €269,498 | +€189,980 | +238.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,318 | €263,298 | +€189,980 | +259.1% |
| Distributable reserves | 133 | €73,318 | €263,298 | +€189,980 | +259.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,034,631 | €1,013,826 | -€20,805 | -2.0% |
| Amounts payable after more than one year | 17 | €82,668 | €30,706 | -€51,962 | -62.9% |
| Financial debts | 170/4 | €82,668 | €30,706 | -€51,962 | -62.9% |
| Amounts payable within one year | 42/48 | €951,962 | €983,120 | +€31,158 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €42,659 | €51,962 | +€9,303 | +21.8% |
| Financial debts | 43 | €810 | €1,996 | +€1,186 | +146.4% |
| Credit institutions | 430/8 | €810 | €1,996 | +€1,186 | +146.4% |
| Trade debts | 44 | €29,396 | €14,484 | -€14,912 | -50.7% |
| Suppliers | 440/4 | €29,396 | €14,484 | -€14,912 | -50.7% |
| Taxes, remuneration and social security | 45 | €20,624 | €103,983 | +€83,360 | +404.2% |
| Taxes | 450/3 | €20,624 | €103,983 | +€83,360 | +404.2% |
| Other amounts payable | 47/48 | €858,474 | €810,694 | -€47,780 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,075 | €34,234 | +€1,159 | +3.5% |
| Other operating charges | 640/8 | €3,345 | €3,243 | -€102 | -3.1% |
| Gross operating margin | 9900 | €92,315 | €363,523 | +€271,209 | +293.8% |
| Operating profit (loss) | 9901 | €55,894 | €326,047 | +€270,152 | +483.3% |
| Financial income | 75/76B | €1 | €1,512 | +€1,511 | +296329.4% |
| Recurring financial income | 75 | €1 | €1,512 | +€1,511 | +296329.4% |
| Financial charges | 65/66B | €6,330 | €14,630 | +€8,300 | +131.1% |
| Recurring financial charges | 65 | €6,330 | €14,630 | +€8,300 | +131.1% |
| Profit (loss) for the period before taxes | 9903 | €49,565 | €312,929 | +€263,364 | +531.4% |
| Income taxes | 67/77 | €9,818 | €111,598 | +€101,780 | +1036.6% |
| Profit (loss) for the period | 9904 | €39,746 | €201,330 | +€161,584 | +406.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,746 | €201,330 | +€161,584 | +406.5% |
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 4 October 2026 via checked.be.