BRUG - BEHEER: 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.
BRUG - BEHEER
Largest movements
- Cash -€8.9m
down €8.9m (-89.5%), from €9.9m to €1.0m
mainly Receivables within one year (-€4.8m) and Current investments (-€4.0m)
- Receivables within one year +€4.8m
up €4.8m (+74.1%), from €6.5m to €11.3m
- Current investments +€4.0m
new in 2025: €4.0m
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€1.4m
down €1.4m (-93.2%), from €1.4m to €98,891
- Gross operating margin +€327,607
up €327,607 (+89.7%), from -€365,106 to -€37,499
- Financial charges +€106,913
up €106,913 (+83,525%), from €128 to €107,041
of which Non-recurring financial charges: +€107,019
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 | €20,431,090 | €20,389,847 | -€41,243 | -0.2% |
| Fixed assets | 21/28 | €4,025,000 | €4,025,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,025,000 | €4,025,000 | = | 0.0% |
| Current assets | 29/58 | €16,406,090 | €16,364,847 | -€41,243 | -0.3% |
| Amounts receivable within one year | 40/41 | €6,501,991 | €11,319,027 | +€4.8m | +74.1% |
| Other amounts receivable | 41 | €6,501,991 | €11,319,027 | +€4.8m | +74.1% |
| Current investments | 50/53 | - | €4,001,337 | +€4.0m | |
| Cash at bank and in hand | 54/58 | €9,904,099 | €1,044,483 | -€8.9m | -89.5% |
| Total equity and liabilities | 10/49 | €20,431,090 | €20,389,847 | -€41,243 | -0.2% |
| Equity | 10/15 | €20,424,414 | €20,378,766 | -€45,648 | -0.2% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,403,789 | €20,358,141 | -€45,648 | -0.2% |
| Amounts payable | 17/49 | €6,676 | €11,081 | +€4,405 | +66.0% |
| Accrued charges and deferred income | 492/3 | €6,676 | €11,081 | +€4,405 | +66.0% |
| Gross operating margin | 9900 | -€365,106 | -€37,499 | +€327,607 | +89.7% |
| Operating profit (loss) | 9901 | -€365,106 | -€37,499 | +€327,607 | +89.7% |
| Financial income | 75/76B | €1,448,941 | €98,891 | -€1.4m | -93.2% |
| Recurring financial income | 75 | €1,448,941 | €98,891 | -€1.4m | -93.2% |
| Financial charges | 65/66B | €128 | €107,041 | +€106,913 | +83,525% |
| Recurring financial charges | 65 | €128 | €22 | -€106 | -82.8% |
| Non-recurring financial charges | 66B | - | €107,019 | +€107,019 | |
| Profit (loss) for the period before taxes | 9903 | €1,083,707 | -€45,648 | -€1.1m | |
| Profit (loss) for the period | 9904 | €1,083,707 | -€45,648 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,083,707 | -€45,648 | -€1.1m |
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.