BRUCARE: 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.
BRUCARE
Largest movements
- Receivables within one year -€38,288
down €38,288 (-29.6%), from €129,537 to €91,250
of which Trade receivables: -€40,918
- Tangible fixed assets -€37,955
down €37,955 (-8.8%), from €430,282 to €392,326
of which Land and buildings: -€31,958
- Deferred charges and accrued income +€31,280
up €31,280 (+1,234%), from €2,535 to €33,815
- Cash -€17,642
down €17,642 (-9.7%), from €181,294 to €163,652
mainly Debts after one year (-€42,053) and Deferred charges and accrued income (-€31,280)
- Stocks and contracts +€17,533
up €17,533 (+16.3%), from €107,749 to €125,283
- Debts after one year -€42,053
down €42,053 (-13.9%), from €302,414 to €260,361
- Trade debts -€17,534
down €17,534 (-24.2%), from €72,512 to €54,978
- Reserves +€15,000
up €15,000 (+3.4%), from €446,000 to €461,000
of which Distributable reserves: +€15,000
- Gross operating margin -€98,411
down €98,411 (-32.4%), from €303,971 to €205,561
- Taxes -€43,861
down €43,861 (-84.7%), from €51,764 to €7,903
- Staff costs +€38,043
up €38,043 (+53.4%), from €71,202 to €109,245
- Depreciation +€3,902
up €3,902 (+7.8%), from €50,036 to €53,938
- Other operating charges -€3,114
down €3,114 (-57.1%), from €5,451 to €2,337
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 | €941,397 | €903,825 | -€37,572 | -4.0% |
| Fixed assets | 21/28 | €430,282 | €392,326 | -€37,955 | -8.8% |
| Tangible fixed assets | 22/27 | €430,282 | €392,326 | -€37,955 | -8.8% |
| Land and buildings | 22 | €359,924 | €327,966 | -€31,958 | -8.9% |
| Plant, machinery and equipment | 23 | €20,663 | €23,380 | +€2,717 | +13.1% |
| Furniture and vehicles | 24 | €49,695 | €40,980 | -€8,715 | -17.5% |
| Current assets | 29/58 | €511,116 | €511,499 | +€383 | +0.1% |
| Amounts receivable after more than one year | 29 | €90,000 | €97,500 | +€7,500 | +8.3% |
| Other amounts receivable | 291 | €90,000 | €97,500 | +€7,500 | +8.3% |
| Stocks and contracts in progress | 3 | €107,749 | €125,283 | +€17,533 | +16.3% |
| Stocks | 30/36 | €107,749 | €125,283 | +€17,533 | +16.3% |
| Amounts receivable within one year | 40/41 | €129,537 | €91,250 | -€38,288 | -29.6% |
| Trade receivables | 40 | €129,356 | €88,438 | -€40,918 | -31.6% |
| Other amounts receivable | 41 | €182 | €2,812 | +€2,630 | +1,448% |
| Cash at bank and in hand | 54/58 | €181,294 | €163,652 | -€17,642 | -9.7% |
| Deferred charges and accrued income | 490/1 | €2,535 | €33,815 | +€31,280 | +1,234% |
| Total equity and liabilities | 10/49 | €941,397 | €903,825 | -€37,572 | -4.0% |
| Equity | 10/15 | €474,901 | €488,204 | +€13,304 | +2.8% |
| Contributions | 10/11 | €14,360 | €14,360 | = | 0.0% |
| Reserves | 13 | €446,000 | €461,000 | +€15,000 | +3.4% |
| Tax-exempt reserves | 132 | €71,000 | €71,000 | = | 0.0% |
| Distributable reserves | 133 | €375,000 | €390,000 | +€15,000 | +4.0% |
| Profit (loss) carried forward | 14 | €14,541 | €12,844 | -€1,696 | -11.7% |
| Amounts payable | 17/49 | €466,497 | €415,621 | -€50,876 | -10.9% |
| Amounts payable after more than one year | 17 | €302,414 | €260,361 | -€42,053 | -13.9% |
| Financial debts | 170/4 | €302,414 | €260,361 | -€42,053 | -13.9% |
| Amounts payable within one year | 42/48 | €164,083 | €155,260 | -€8,823 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €36,742 | €40,132 | +€3,391 | +9.2% |
| Trade debts | 44 | €72,512 | €54,978 | -€17,534 | -24.2% |
| Suppliers | 440/4 | €72,512 | €54,978 | -€17,534 | -24.2% |
| Taxes, remuneration and social security | 45 | €54,807 | €56,806 | +€1,999 | +3.6% |
| Taxes | 450/3 | €39,488 | €46,180 | +€6,692 | +16.9% |
| Remuneration and social security | 454/9 | €15,319 | €10,626 | -€4,693 | -30.6% |
| Other amounts payable | 47/48 | €22 | €3,344 | +€3,321 | +14,820% |
| Remuneration, social security and pensions | 62 | €71,202 | €109,245 | +€38,043 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,036 | €53,938 | +€3,902 | +7.8% |
| Other operating charges | 640/8 | €5,451 | €2,337 | -€3,114 | -57.1% |
| Gross operating margin | 9900 | €303,971 | €205,561 | -€98,411 | -32.4% |
| Operating profit (loss) | 9901 | €177,283 | €40,041 | -€137,242 | -77.4% |
| Financial income | 75/76B | €317 | €443 | +€126 | +39.8% |
| Recurring financial income | 75 | €317 | €443 | +€126 | +39.8% |
| Financial charges | 65/66B | €15,273 | €14,277 | -€996 | -6.5% |
| Recurring financial charges | 65 | €15,273 | €14,277 | -€996 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €162,327 | €26,207 | -€136,120 | -83.9% |
| Income taxes | 67/77 | €51,764 | €7,903 | -€43,861 | -84.7% |
| Profit (loss) for the period | 9904 | €110,562 | €18,304 | -€92,258 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €110,562 | €18,304 | -€92,258 | -83.4% |
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 24 October 2026 via checked.be.