BRUGGEMAN & CO: 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 & CO
Largest movements
- Cash -€77,875
down €77,875 (-70.4%), from €110,656 to €32,782
mainly Contributions, distributions and other (-€83,342) and Tax, wage and social debts (-€26,530)
- Current investments +€21,257
up €21,257 (+14.2%), from €150,000 to €171,257
- Receivables within one year +€12,699
up €12,699 (+201%), from €6,325 to €19,024
of which Other amounts receivable: +€15,201
- Tangible fixed assets -€7,319
down €7,319 (-32.9%), from €22,277 to €14,959
of which Furniture and vehicles: -€4,401
- Reserves -€83,342
down €83,342 (-34.1%), from €244,392 to €161,050
- Other debts +€51,037
up €51,037 (+632%), from €8,071 to €59,107
- Tax, wage and social debts -€26,530
down €26,530 (-36.6%), from €72,533 to €46,003
of which Remuneration and social security: -€28,372
- Trade debts +€17,381
up €17,381 (+387%), from €4,486 to €21,867
- Profit (loss) carried forward -€11,549
new in 2025: -€11,549
- Staff costs +€117,274
up €117,274 (+32.2%), from €364,114 to €481,388
- Taxes -€35,591
down €35,591 (-99.6%), from €35,721 to €130
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 | €350,277 | €296,478 | -€53,799 | -15.4% |
| Fixed assets | 21/28 | €24,297 | €16,959 | -€7,339 | -30.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €22,277 | €14,959 | -€7,319 | -32.9% |
| Land and buildings | 22 | €11,605 | €7,387 | -€4,217 | -36.3% |
| Plant, machinery and equipment | 23 | €3,868 | €5,168 | +€1,300 | +33.6% |
| Furniture and vehicles | 24 | €6,805 | €2,404 | -€4,401 | -64.7% |
| Financial fixed assets | 28 | €2,020 | €2,000 | -€20 | -1.0% |
| Current assets | 29/58 | €325,980 | €279,519 | -€46,460 | -14.3% |
| Amounts receivable within one year | 40/41 | €6,325 | €19,024 | +€12,699 | +201% |
| Trade receivables | 40 | €2,502 | €0 | -€2,502 | -100% |
| Other amounts receivable | 41 | €3,824 | €19,024 | +€15,201 | +398% |
| Current investments | 50/53 | €150,000 | €171,257 | +€21,257 | +14.2% |
| Cash at bank and in hand | 54/58 | €110,656 | €32,782 | -€77,875 | -70.4% |
| Deferred charges and accrued income | 490/1 | €58,998 | €56,456 | -€2,542 | -4.3% |
| Total equity and liabilities | 10/49 | €350,277 | €296,478 | -€53,799 | -15.4% |
| Equity | 10/15 | €264,392 | €169,500 | -€94,892 | -35.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €244,392 | €161,050 | -€83,342 | -34.1% |
| Distributable reserves | 133 | €244,392 | €161,050 | -€83,342 | -34.1% |
| Profit (loss) carried forward | 14 | - | -€11,549 | -€11,549 | |
| Amounts payable | 17/49 | €85,885 | €126,977 | +€41,093 | +47.8% |
| Amounts payable within one year | 42/48 | €85,090 | €126,977 | +€41,887 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,486 | €21,867 | +€17,381 | +387% |
| Suppliers | 440/4 | €4,486 | €21,867 | +€17,381 | +387% |
| Taxes, remuneration and social security | 45 | €72,533 | €46,003 | -€26,530 | -36.6% |
| Taxes | 450/3 | €27,898 | €29,740 | +€1,842 | +6.6% |
| Remuneration and social security | 454/9 | €44,635 | €16,263 | -€28,372 | -63.6% |
| Other amounts payable | 47/48 | €8,071 | €59,107 | +€51,037 | +632% |
| Accrued charges and deferred income | 492/3 | €794 | €0 | -€794 | -100% |
| Non-recurring operating income | 76A | - | €11,405 | +€11,405 | |
| Remuneration, social security and pensions | 62 | €364,114 | €481,388 | +€117,274 | +32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,222 | €7,067 | -€154 | -2.1% |
| Other operating charges | 640/8 | €844 | €1,165 | +€321 | +38.0% |
| Gross operating margin | 9900 | €473,807 | €473,588 | -€220 | 0.0% |
| Operating profit (loss) | 9901 | €101,628 | -€16,033 | -€117,660 | |
| Financial income | 75/76B | €5,254 | €5,514 | +€260 | +5.0% |
| Recurring financial income | 75 | €5,254 | €5,514 | +€260 | +5.0% |
| Financial charges | 65/66B | €244 | €901 | +€657 | +270% |
| Recurring financial charges | 65 | €244 | €901 | +€657 | +270% |
| Profit (loss) for the period before taxes | 9903 | €106,638 | -€11,419 | -€118,057 | |
| Income taxes | 67/77 | €35,721 | €130 | -€35,591 | -99.6% |
| Profit (loss) for the period | 9904 | €70,917 | -€11,549 | -€82,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,917 | -€11,549 | -€82,467 |
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 20 October 2026 via checked.be.