BRUCONSULT: 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.
BRUCONSULT
Largest movements
- Current investments +€38,313
up €38,313 (+148.9%), from €25,738 to €64,050
- Deferred charges and accrued income -€15,646
down €15,646 (-100.0%), from €15,646 to €0
- Cash -€12,090
down €12,090 (-55.0%), from €21,995 to €9,905
mainly Current investments (-€38,313) and Trade debts (-€16,694)
- Receivables within one year -€3,984
down €3,984 (-13.7%), from €29,093 to €25,109
of which Other amounts receivable: -€8,894
- Tangible fixed assets -€1,536
down €1,536 (-7.4%), from €20,896 to €19,360
of which Other tangible fixed assets: -€1,354
- Trade debts -€16,694
down €16,694 (-77.8%), from €21,445 to €4,751
- Accrued charges and deferred income +€15,343
up €15,343 (+1534.3%), from €1,000 to €16,343
- Reserves +€9,782
up €9,782 (+12.2%), from €80,207 to €89,988
- Short-term financial debts -€3,383
down €3,383 (-100.0%), from €3,383 to €0
- Gross operating margin +€5,644
up €5,644 (+43.5%), from €12,960 to €18,604
- Depreciation +€1,466
up €1,466 (+108.3%), from €1,354 to €2,821
- Taxes +€962
up €962 (+27.2%), from €3,540 to €4,502
- Financial charges +€361
up €361 (+91.6%), from €394 to €755
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 | €113,366 | €118,424 | +€5,057 | +4.5% |
| Fixed assets | 21/28 | €20,896 | €19,360 | -€1,536 | -7.4% |
| Tangible fixed assets | 22/27 | €20,896 | €19,360 | -€1,536 | -7.4% |
| Furniture and vehicles | 24 | €7,025 | €6,843 | -€181 | -2.6% |
| Other tangible fixed assets | 26 | €13,871 | €12,516 | -€1,354 | -9.8% |
| Current assets | 29/58 | €92,471 | €99,064 | +€6,593 | +7.1% |
| Amounts receivable within one year | 40/41 | €29,093 | €25,109 | -€3,984 | -13.7% |
| Trade receivables | 40 | €11,324 | €16,234 | +€4,911 | +43.4% |
| Other amounts receivable | 41 | €17,769 | €8,875 | -€8,894 | -50.1% |
| Current investments | 50/53 | €25,738 | €64,050 | +€38,313 | +148.9% |
| Cash at bank and in hand | 54/58 | €21,995 | €9,905 | -€12,090 | -55.0% |
| Deferred charges and accrued income | 490/1 | €15,646 | €0 | -€15,646 | -100.0% |
| Total equity and liabilities | 10/49 | €113,366 | €118,424 | +€5,057 | +4.5% |
| Equity | 10/15 | €80,207 | €89,988 | +€9,782 | +12.2% |
| Reserves | 13 | €80,207 | €89,988 | +€9,782 | +12.2% |
| Distributable reserves | 133 | €80,207 | €89,988 | +€9,782 | +12.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,160 | €28,435 | -€4,724 | -14.2% |
| Amounts payable within one year | 42/48 | €32,160 | €12,093 | -€20,067 | -62.4% |
| Financial debts | 43 | €3,383 | €0 | -€3,383 | -100.0% |
| Credit institutions | 430/8 | €3,383 | €0 | -€3,383 | -100.0% |
| Trade debts | 44 | €21,445 | €4,751 | -€16,694 | -77.8% |
| Suppliers | 440/4 | €21,445 | €4,751 | -€16,694 | -77.8% |
| Taxes, remuneration and social security | 45 | €140 | €153 | +€13 | +9.4% |
| Taxes | 450/3 | €140 | €153 | +€13 | +9.4% |
| Other amounts payable | 47/48 | €7,192 | €7,189 | -€4 | -0.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | €16,343 | +€15,343 | +1534.3% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,354 | €2,821 | +€1,466 | +108.3% |
| Other operating charges | 640/8 | €998 | €958 | -€40 | -4.0% |
| Gross operating margin | 9900 | €12,960 | €18,604 | +€5,644 | +43.5% |
| Operating profit (loss) | 9901 | €10,608 | €14,826 | +€4,218 | +39.8% |
| Financial income | 75/76B | €193 | €213 | +€20 | +10.4% |
| Recurring financial income | 75 | €193 | €213 | +€20 | +10.4% |
| Financial charges | 65/66B | €394 | €755 | +€361 | +91.6% |
| Recurring financial charges | 65 | €394 | €755 | +€361 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €10,407 | €14,283 | +€3,877 | +37.3% |
| Income taxes | 67/77 | €3,540 | €4,502 | +€962 | +27.2% |
| Profit (loss) for the period | 9904 | €6,867 | €9,782 | +€2,915 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,867 | €9,782 | +€2,915 | +42.5% |
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 6 October 2026 via checked.be.