BRUCANT: 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.
BRUCANT
Largest movements
- Cash -€23,580
down €23,580 (-12.2%), from €193,238 to €169,658
mainly Contributions, distributions and other (-€67,392) and Tax, wage and social debts (-€1,671)
- Receivables within one year -€6,394
no longer reported in 2025 (was €6,394)
of which Other amounts receivable: -€6,360
- Profit (loss) carried forward -€67,392
down €67,392 (-43.2%), from €156,114 to €88,722
- Reserves +€26,775
up €26,775 (+65.5%), from €40,860 to €67,635
of which Distributable reserves: +€26,775
- Other debts +€11,555
new in 2025: €11,555
- Gross operating margin -€9,521
down €9,521 (-19.1%), from €49,923 to €40,402
- Depreciation -€3,866
down €3,866 (-66.7%), from €5,794 to €1,929
- Taxes -€1,671
down €1,671 (-12.5%), from €13,373 to €11,702
- Financial charges -€538
down €538 (-76.6%), from €702 to €164
of which Financial charges: -€577
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 | €228,947 | €198,243 | -€30,704 | -13.4% |
| Fixed assets | 21/28 | €4,515 | €2,588 | -€1,926 | -42.7% |
| Tangible fixed assets | 22/27 | €3,308 | €1,379 | -€1,929 | -58.3% |
| Land and buildings | 22 | €647 | €239 | -€408 | -63.0% |
| Plant, machinery and equipment | 23 | €951 | €623 | -€328 | -34.5% |
| Furniture and vehicles | 24 | €1,709 | €517 | -€1,193 | -69.8% |
| Financial fixed assets | 28 | €1,207 | €1,209 | +€2 | +0.2% |
| Current assets | 29/58 | €224,432 | €195,655 | -€28,777 | -12.8% |
| Amounts receivable within one year | 40/41 | €6,394 | - | -€6,394 | |
| Trade receivables | 40 | €35 | - | -€35 | |
| Other amounts receivable | 41 | €6,360 | - | -€6,360 | |
| Current investments | 50/53 | €24,800 | €24,800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €193,238 | €169,658 | -€23,580 | -12.2% |
| Deferred charges and accrued income | 490/1 | - | €1,198 | +€1,198 | |
| Total equity and liabilities | 10/49 | €228,947 | €198,243 | -€30,704 | -13.4% |
| Equity | 10/15 | €215,574 | €174,957 | -€40,617 | -18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,860 | €67,635 | +€26,775 | +65.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,000 | €65,775 | +€26,775 | +68.7% |
| Profit (loss) carried forward | 14 | €156,114 | €88,722 | -€67,392 | -43.2% |
| Amounts payable | 17/49 | €13,373 | €23,286 | +€9,914 | +74.1% |
| Amounts payable within one year | 42/48 | €13,373 | €23,286 | +€9,914 | +74.1% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €13,373 | €11,702 | -€1,671 | -12.5% |
| Taxes | 450/3 | €13,373 | €11,702 | -€1,671 | -12.5% |
| Other amounts payable | 47/48 | - | €11,555 | +€11,555 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,794 | €1,929 | -€3,866 | -66.7% |
| Other operating charges | 640/8 | €754 | €733 | -€21 | -2.8% |
| Gross operating margin | 9900 | €49,923 | €40,402 | -€9,521 | -19.1% |
| Operating profit (loss) | 9901 | €43,375 | €37,741 | -€5,634 | -13.0% |
| Financial income | 75/76B | €599 | €900 | +€300 | +50.1% |
| Recurring financial income | 75 | €599 | €900 | +€300 | +50.1% |
| Financial charges | 65/66B | €702 | €164 | -€538 | -76.6% |
| Recurring financial charges | 65 | €702 | €125 | -€577 | -82.3% |
| Non-recurring financial charges | 66B | - | €39 | +€39 | |
| Profit (loss) for the period before taxes | 9903 | €43,273 | €38,476 | -€4,796 | -11.1% |
| Income taxes | 67/77 | €13,373 | €11,702 | -€1,671 | -12.5% |
| Profit (loss) for the period | 9904 | €29,900 | €26,775 | -€3,125 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,900 | €26,775 | -€3,125 | -10.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.