Bruce Control: 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.
Bruce Control
Largest movements
- Cash -€131,847
down €131,847 (-72.3%), from €182,445 to €50,599
mainly Other debts (-€67,111) and Tax, wage and social debts (-€61,179)
- Tangible fixed assets -€40,997
down €40,997 (-5.2%), from €793,546 to €752,549
of which Leasing and similar rights: -€33,452
- Receivables within one year +€36,064
up €36,064 (+320%), from €11,283 to €47,348
of which Trade receivables: +€33,464
- Other debts -€67,111
down €67,111 (-46.3%), from €145,093 to €77,982
- Tax, wage and social debts -€61,179
down €61,179 (-94.2%), from €64,932 to €3,753
of which Taxes: -€52,736
- Profit (loss) carried forward -€33,946
no longer reported in 2025 (was €33,946)
- Reserves +€12,284
up €12,284 (+4.0%), from €310,300 to €322,584
- Trade debts +€11,074
up €11,074 (+54.7%), from €20,263 to €31,337
- Gross operating margin -€56,788
down €56,788 (-35.9%), from €158,391 to €101,603
- Depreciation +€33,709
up €33,709 (+56.8%), from €59,384 to €93,093
- Taxes -€22,158
down €22,158 (-98.5%), from €22,500 to €342
- Financial charges +€1,667
up €1,667 (+7.3%), from €22,763 to €24,430
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 | €996,704 | €863,653 | -€133,051 | -13.3% |
| Fixed assets | 21/28 | €793,546 | €752,549 | -€40,997 | -5.2% |
| Tangible fixed assets | 22/27 | €793,546 | €752,549 | -€40,997 | -5.2% |
| Plant, machinery and equipment | 23 | €8,937 | €5,608 | -€3,329 | -37.3% |
| Furniture and vehicles | 24 | €11,085 | €6,870 | -€4,215 | -38.0% |
| Leasing and similar rights | 25 | €773,525 | €740,072 | -€33,452 | -4.3% |
| Current assets | 29/58 | €203,158 | €111,104 | -€92,054 | -45.3% |
| Stocks and contracts in progress | 3 | €9,157 | €13,157 | +€4,000 | +43.7% |
| Stocks | 30/36 | €9,157 | €13,157 | +€4,000 | +43.7% |
| Amounts receivable within one year | 40/41 | €11,283 | €47,348 | +€36,064 | +320% |
| Trade receivables | 40 | €11,283 | €44,748 | +€33,464 | +297% |
| Other amounts receivable | 41 | - | €2,600 | +€2,600 | |
| Cash at bank and in hand | 54/58 | €182,445 | €50,599 | -€131,847 | -72.3% |
| Deferred charges and accrued income | 490/1 | €272 | - | -€272 | |
| Total equity and liabilities | 10/49 | €996,704 | €863,653 | -€133,051 | -13.3% |
| Equity | 10/15 | €460,445 | €438,784 | -€21,662 | -4.7% |
| Contributions | 10/11 | €116,200 | €116,200 | = | 0.0% |
| Reserves | 13 | €310,300 | €322,584 | +€12,284 | +4.0% |
| Distributable reserves | 133 | €310,300 | €322,584 | +€12,284 | +4.0% |
| Profit (loss) carried forward | 14 | €33,946 | - | -€33,946 | |
| Amounts payable | 17/49 | €536,259 | €424,869 | -€111,390 | -20.8% |
| Amounts payable after more than one year | 17 | €289,890 | €290,208 | +€318 | +0.1% |
| Financial debts | 170/4 | €289,890 | €290,208 | +€318 | +0.1% |
| Amounts payable within one year | 42/48 | €246,369 | €134,661 | -€111,707 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €16,080 | €21,589 | +€5,508 | +34.3% |
| Trade debts | 44 | €20,263 | €31,337 | +€11,074 | +54.7% |
| Suppliers | 440/4 | €20,263 | €31,337 | +€11,074 | +54.7% |
| Taxes, remuneration and social security | 45 | €64,932 | €3,753 | -€61,179 | -94.2% |
| Taxes | 450/3 | €56,087 | €3,350 | -€52,736 | -94.0% |
| Remuneration and social security | 454/9 | €8,846 | €403 | -€8,442 | -95.4% |
| Other amounts payable | 47/48 | €145,093 | €77,982 | -€67,111 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,384 | €93,093 | +€33,709 | +56.8% |
| Other operating charges | 640/8 | €2,425 | €3,000 | +€575 | +23.7% |
| Gross operating margin | 9900 | €158,391 | €101,603 | -€56,788 | -35.9% |
| Operating profit (loss) | 9901 | €96,582 | €5,510 | -€91,072 | -94.3% |
| Financial charges | 65/66B | €22,763 | €24,430 | +€1,667 | +7.3% |
| Recurring financial charges | 65 | €22,763 | €24,430 | +€1,667 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €73,819 | -€18,920 | -€92,739 | |
| Income taxes | 67/77 | €22,500 | €342 | -€22,158 | -98.5% |
| Profit (loss) for the period | 9904 | €51,319 | -€19,262 | -€70,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,319 | -€19,262 | -€70,581 |
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 14 October 2026 via checked.be.