Bruceweim: 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.
Bruceweim
Largest movements
- Tangible fixed assets -€103,945
down €103,945 (-6.4%), from €1.6m to €1.5m
- Debts after one year -€172,500
down €172,500 (-16.9%), from €1.0m to €848,751
- Reserves +€109,845
up €109,845 (+2.4%), from €4.6m to €4.7m
of which Distributable reserves: +€109,845
- Trade debts -€79,661
down €79,661 (-73.3%), from €108,680 to €29,020
- Revaluation surpluses -€72,652
down €72,652 (-10.2%), from €709,981 to €637,330
- Financial income -€34,747
down €34,747 (-34.0%), from €102,191 to €67,443
- Gross operating margin +€15,511
up €15,511 (+10.6%), from €146,791 to €162,301
- Depreciation -€11,277
down €11,277 (-8.1%), from €138,469 to €127,193
- Taxes +€5,629
up €5,629 (+17.6%), from €32,026 to €37,655
- Other operating charges +€5,616
up €5,616 (+509.0%), from €1,103 to €6,719
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 | €6,853,209 | €6,721,305 | -€131,904 | -1.9% |
| Fixed assets | 21/28 | €1,671,251 | €1,567,306 | -€103,945 | -6.2% |
| Tangible fixed assets | 22/27 | €1,620,381 | €1,516,436 | -€103,945 | -6.4% |
| Land and buildings | 22 | €1,620,381 | €1,516,436 | -€103,945 | -6.4% |
| Financial fixed assets | 28 | €50,870 | €50,870 | = | 0.0% |
| Current assets | 29/58 | €5,181,958 | €5,153,999 | -€27,958 | -0.5% |
| Amounts receivable after more than one year | 29 | €5,050,791 | €5,099,252 | +€48,461 | +1.0% |
| Other amounts receivable | 291 | €5,050,791 | €5,099,252 | +€48,461 | +1.0% |
| Amounts receivable within one year | 40/41 | €48,598 | €44,053 | -€4,544 | -9.4% |
| Trade receivables | 40 | €11,660 | €5,596 | -€6,064 | -52.0% |
| Other amounts receivable | 41 | €36,938 | €38,458 | +€1,519 | +4.1% |
| Cash at bank and in hand | 54/58 | €14,705 | €10,694 | -€4,011 | -27.3% |
| Deferred charges and accrued income | 490/1 | €67,864 | €0 | -€67,864 | -100.0% |
| Total equity and liabilities | 10/49 | €6,853,209 | €6,721,305 | -€131,904 | -1.9% |
| Equity | 10/15 | €5,404,051 | €5,441,245 | +€37,194 | +0.7% |
| Contributions | 10/11 | €61,750 | €61,750 | = | 0.0% |
| Capital | 10 | €61,750 | €61,750 | = | 0.0% |
| Issued capital | 100 | €61,750 | €61,750 | = | 0.0% |
| Revaluation surpluses | 12 | €709,981 | €637,330 | -€72,652 | -10.2% |
| Reserves | 13 | €4,632,320 | €4,742,165 | +€109,845 | +2.4% |
| Non-distributable reserves | 130/1 | €8,405 | €8,405 | = | 0.0% |
| Legal reserve | 130 | €8,405 | €8,405 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,756 | €37,756 | = | 0.0% |
| Distributable reserves | 133 | €4,586,158 | €4,696,003 | +€109,845 | +2.4% |
| Amounts payable | 17/49 | €1,449,158 | €1,280,060 | -€169,097 | -11.7% |
| Amounts payable after more than one year | 17 | €1,021,251 | €848,751 | -€172,500 | -16.9% |
| Financial debts | 170/4 | €1,021,251 | €848,751 | -€172,500 | -16.9% |
| Amounts payable within one year | 42/48 | €425,241 | €429,296 | +€4,054 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €172,500 | €172,500 | = | 0.0% |
| Financial debts | 43 | - | €14,668 | +€14,668 | |
| Credit institutions | 430/8 | - | €14,668 | +€14,668 | |
| Trade debts | 44 | €108,680 | €29,020 | -€79,661 | -73.3% |
| Suppliers | 440/4 | €108,680 | €29,020 | -€79,661 | -73.3% |
| Taxes, remuneration and social security | 45 | €7,026 | €12,655 | +€5,629 | +80.1% |
| Taxes | 450/3 | €7,026 | €12,655 | +€5,629 | +80.1% |
| Other amounts payable | 47/48 | €137,035 | €200,453 | +€63,418 | +46.3% |
| Accrued charges and deferred income | 492/3 | €2,666 | €2,014 | -€652 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,469 | €127,193 | -€11,277 | -8.1% |
| Other operating charges | 640/8 | €1,103 | €6,719 | +€5,616 | +509.0% |
| Gross operating margin | 9900 | €146,791 | €162,301 | +€15,511 | +10.6% |
| Operating profit (loss) | 9901 | €7,218 | €28,390 | +€21,172 | +293.3% |
| Financial income | 75/76B | €102,191 | €67,443 | -€34,747 | -34.0% |
| Recurring financial income | 75 | €102,191 | €67,443 | -€34,747 | -34.0% |
| Financial charges | 65/66B | €21,202 | €20,985 | -€217 | -1.0% |
| Recurring financial charges | 65 | €21,202 | €20,985 | -€217 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €88,207 | €74,849 | -€13,359 | -15.1% |
| Income taxes | 67/77 | €32,026 | €37,655 | +€5,629 | +17.6% |
| Profit (loss) for the period | 9904 | €56,182 | €37,194 | -€18,988 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,182 | €37,194 | -€18,988 | -33.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.