Bruggeman Bouwt: 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.
Bruggeman Bouwt
Largest movements
- Cash +€100,082
up €100,082 (+41.0%), from €244,279 to €344,361
mainly Net result for the year (+€101,047) and Depreciation (+€72,724)
- Tangible fixed assets -€42,644
down €42,644 (-20.3%), from €210,566 to €167,922
of which Leasing and similar rights: -€39,900
- Reserves +€101,047
up €101,047 (+61.5%), from €164,224 to €265,271
of which Distributable reserves: +€101,047
- Debts after one year -€36,355
down €36,355 (-41.5%), from €87,705 to €51,350
- Trade debts -€30,254
down €30,254 (-21.6%), from €140,254 to €110,000
- Tax, wage and social debts +€16,769
up €16,769 (+204%), from €8,220 to €24,989
of which Taxes: +€17,039
- Gross operating margin +€78,068
up €78,068 (+38.6%), from €202,004 to €280,072
- Taxes +€21,278
up €21,278 (+101%), from €21,103 to €42,381
- Depreciation +€8,467
up €8,467 (+13.2%), from €64,257 to €72,724
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 | €683,859 | €737,582 | +€53,723 | +7.9% |
| Fixed assets | 21/28 | €235,618 | €192,974 | -€42,644 | -18.1% |
| Tangible fixed assets | 22/27 | €210,566 | €167,922 | -€42,644 | -20.3% |
| Plant, machinery and equipment | 23 | €39,953 | €46,894 | +€6,941 | +17.4% |
| Furniture and vehicles | 24 | €42,355 | €32,670 | -€9,685 | -22.9% |
| Leasing and similar rights | 25 | €128,258 | €88,358 | -€39,900 | -31.1% |
| Financial fixed assets | 28 | €25,052 | €25,052 | = | 0.0% |
| Current assets | 29/58 | €448,241 | €544,608 | +€96,367 | +21.5% |
| Stocks and contracts in progress | 3 | €6,899 | €7,102 | +€203 | +2.9% |
| Stocks | 30/36 | €6,899 | €7,102 | +€203 | +2.9% |
| Amounts receivable within one year | 40/41 | €196,063 | €192,335 | -€3,728 | -1.9% |
| Trade receivables | 40 | €79,341 | €80,732 | +€1,391 | +1.8% |
| Other amounts receivable | 41 | €116,722 | €111,603 | -€5,119 | -4.4% |
| Cash at bank and in hand | 54/58 | €244,279 | €344,361 | +€100,082 | +41.0% |
| Deferred charges and accrued income | 490/1 | €1,000 | €810 | -€190 | -19.0% |
| Total equity and liabilities | 10/49 | €683,859 | €737,582 | +€53,723 | +7.9% |
| Equity | 10/15 | €169,224 | €270,271 | +€101,047 | +59.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €164,224 | €265,271 | +€101,047 | +61.5% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Legal reserve | 130 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €163,724 | €264,771 | +€101,047 | +61.7% |
| Amounts payable | 17/49 | €514,635 | €467,311 | -€47,324 | -9.2% |
| Amounts payable after more than one year | 17 | €87,705 | €51,350 | -€36,355 | -41.5% |
| Financial debts | 170/4 | €87,705 | €51,350 | -€36,355 | -41.5% |
| Amounts payable within one year | 42/48 | €426,930 | €415,961 | -€10,969 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €35,581 | €36,355 | +€774 | +2.2% |
| Trade debts | 44 | €140,254 | €110,000 | -€30,254 | -21.6% |
| Suppliers | 440/4 | €140,254 | €110,000 | -€30,254 | -21.6% |
| Taxes, remuneration and social security | 45 | €8,220 | €24,989 | +€16,769 | +204% |
| Taxes | 450/3 | €5,334 | €22,373 | +€17,039 | +319% |
| Remuneration and social security | 454/9 | €2,886 | €2,616 | -€270 | -9.4% |
| Other amounts payable | 47/48 | €242,875 | €244,617 | +€1,742 | +0.7% |
| Remuneration, social security and pensions | 62 | €59,743 | €62,380 | +€2,637 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,257 | €72,724 | +€8,467 | +13.2% |
| Other operating charges | 640/8 | €844 | €1,281 | +€437 | +51.8% |
| Gross operating margin | 9900 | €202,004 | €280,072 | +€78,068 | +38.6% |
| Operating profit (loss) | 9901 | €77,160 | €143,687 | +€66,527 | +86.2% |
| Financial income | 75/76B | €1,174 | €2,835 | +€1,661 | +141% |
| Recurring financial income | 75 | €1,174 | €2,835 | +€1,661 | +141% |
| Financial charges | 65/66B | €3,893 | €3,094 | -€799 | -20.5% |
| Recurring financial charges | 65 | €3,893 | €3,094 | -€799 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €74,441 | €143,428 | +€68,987 | +92.7% |
| Income taxes | 67/77 | €21,103 | €42,381 | +€21,278 | +101% |
| Profit (loss) for the period | 9904 | €53,338 | €101,047 | +€47,709 | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,338 | €101,047 | +€47,709 | +89.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.