BRUCELIMMO: 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.
BRUCELIMMO
Largest movements
- Tangible fixed assets -€6,223
down €6,223 (-3.3%), from €186,875 to €180,652
of which Land and buildings: -€6,900
- Cash +€5,832
up €5,832 (+7574.0%), from €77 to €5,909
mainly Debts after one year (+€7,020) and Depreciation (+€6,967)
- Receivables within one year -€2,844
down €2,844 (-99.0%), from €2,874 to €30
- Current portion of long-term debt -€13,032
no longer reported in 2025 (was €13,032)
- Debts after one year +€7,020
up €7,020 (+14.7%), from €47,659 to €54,679
- Reserves +€6,000
up €6,000 (+23.1%), from €25,955 to €31,955
- Trade debts -€3,396
down €3,396 (-62.1%), from €5,470 to €2,074
- Gross operating margin +€1,334
up €1,334 (+7.5%), from €17,788 to €19,122
- Financial charges -€1,193
down €1,193 (-75.9%), from €1,572 to €379
- Taxes +€1,024
up €1,024 (+51.8%), from €1,976 to €3,000
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 | €189,826 | €186,591 | -€3,235 | -1.7% |
| Fixed assets | 21/28 | €186,875 | €180,652 | -€6,223 | -3.3% |
| Tangible fixed assets | 22/27 | €186,875 | €180,652 | -€6,223 | -3.3% |
| Land and buildings | 22 | €186,875 | €179,975 | -€6,900 | -3.7% |
| Other tangible fixed assets | 26 | - | €677 | +€677 | |
| Current assets | 29/58 | €2,951 | €5,939 | +€2,988 | +101.3% |
| Amounts receivable within one year | 40/41 | €2,874 | €30 | -€2,844 | -99.0% |
| Other amounts receivable | 41 | €2,874 | €30 | -€2,844 | -99.0% |
| Cash at bank and in hand | 54/58 | €77 | €5,909 | +€5,832 | +7574.0% |
| Total equity and liabilities | 10/49 | €189,826 | €186,591 | -€3,235 | -1.7% |
| Equity | 10/15 | €121,572 | €128,038 | +€6,466 | +5.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €25,955 | €31,955 | +€6,000 | +23.1% |
| Distributable reserves | 133 | €25,955 | €31,955 | +€6,000 | +23.1% |
| Profit (loss) carried forward | 14 | €75,617 | €76,083 | +€466 | +0.6% |
| Amounts payable | 17/49 | €68,254 | €58,553 | -€9,701 | -14.2% |
| Amounts payable after more than one year | 17 | €47,659 | €54,679 | +€7,020 | +14.7% |
| Other amounts payable | 178/9 | €47,659 | €54,679 | +€7,020 | +14.7% |
| Amounts payable within one year | 42/48 | €18,702 | €3,874 | -€14,828 | -79.3% |
| Current portion of amounts payable after more than one year | 42 | €13,032 | - | -€13,032 | |
| Trade debts | 44 | €5,470 | €2,074 | -€3,396 | -62.1% |
| Suppliers | 440/4 | €5,470 | €2,074 | -€3,396 | -62.1% |
| Taxes, remuneration and social security | 45 | €200 | €1,800 | +€1,600 | +800.0% |
| Taxes | 450/3 | €200 | €1,800 | +€1,600 | +800.0% |
| Accrued charges and deferred income | 492/3 | €1,893 | - | -€1,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,900 | €6,967 | +€67 | +1.0% |
| Other operating charges | 640/8 | €2,235 | €2,311 | +€76 | +3.4% |
| Gross operating margin | 9900 | €17,788 | €19,122 | +€1,334 | +7.5% |
| Operating profit (loss) | 9901 | €8,653 | €9,844 | +€1,191 | +13.8% |
| Financial charges | 65/66B | €1,572 | €379 | -€1,193 | -75.9% |
| Recurring financial charges | 65 | €1,572 | €379 | -€1,193 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €7,081 | €9,465 | +€2,384 | +33.7% |
| Income taxes | 67/77 | €1,976 | €3,000 | +€1,024 | +51.8% |
| Profit (loss) for the period | 9904 | €5,105 | €6,465 | +€1,360 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,105 | €6,465 | +€1,360 | +26.6% |
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 29 September 2026 via checked.be.