BRUGS SLACHTHUIS: what changed
What changed
BRUGS SLACHTHUIS
NACE 10.111, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
-€239,749
2024 · -€45,651-€194,098
Equity
€2.3m
2024 · €2.6m-€239,749
Cash
€133,421
2024 · €10,448+€122,973
Balance sheet total
€8.2m
2024 · €4.0m+€4.2m
Largest movements
Assets
- Tangible fixed assets +€4.9m
up €4.9m (+6,507%), from €74,719 to €4.9m
of which Land and buildings: +€4.8m
- Receivables within one year -€776,860
down €776,860 (-22.1%), from €3.5m to €2.7m
of which Trade receivables: -€775,461
- Cash +€122,973
up €122,973 (+1,177%), from €10,448 to €133,421
mainly Other debts (+€1.7m) and Short-term financial debts (+€1.5m)
Equity and liabilities
- Other debts +€1.7m
up €1.7m (+820%), from €207,258 to €1.9m
- Short-term financial debts +€1.5m
up €1.5m (+414%), from €350,000 to €1.8m
- Debts after one year +€789,396
up €789,396 (+4,422%), from €17,850 to €807,247
- Current portion of long-term debt +€400,311
up €400,311 (+3,889%), from €10,293 to €410,604
- Reserves -€239,749
down €239,749 (-9.6%), from €2.5m to €2.3m
of which Distributable reserves: -€238,998
Income statement
- Depreciation +€177,839
up €177,839 (+2,075%), from €8,571 to €186,411
- Gross operating margin -€44,444
down €44,444, from €34,282 to -€10,162
- Other operating charges -€33,603
down €33,603 (-79.6%), from €42,192 to €8,590
- Financial charges -€4,033
down €4,033 (-13.8%), from €29,169 to €25,136
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€45,651
Gross operating margin
-€44,444
Depreciation
-€177,839
Other operating charges
+€33,603
Other operating items
-€9,702
Financial income
+€1
Financial charges
+€4,033
Deferred taxes and other
+€250
Result 2025
-€239,749
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.5m
Investment
-€5.0m
Financing
+€2.6m
Cash 2024
€10,448
From operations (derived)
+€2.5m
Net result for the year
-€239,749
Depreciation
+€186,411
Receivables within one year
+€776,860
Smaller working-capital items
+€4,038
Trade debts
+€104,366
Other debts
+€1.7m
Investment (derived)
-€5.0m
Investment in fixed assets (net)
-€5.0m
Financing
+€2.6m
Debts after one year
+€789,396
Current portion of long-term debt
+€400,311
Short-term financial debts
+€1.5m
Cash 2025
€133,421
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,952,931 | €8,160,873 | +€4.2m | +106% |
| Fixed assets | 21/28 | €424,719 | €5,286,840 | +€4.9m | +1,145% |
| Tangible fixed assets | 22/27 | €74,719 | €4,936,840 | +€4.9m | +6,507% |
| Land and buildings | 22 | €52,529 | €4,900,380 | +€4.8m | +9,229% |
| Plant, machinery and equipment | 23 | - | €12,488 | +€12,488 | |
| Furniture and vehicles | 24 | €22,190 | €23,972 | +€1,782 | +8.0% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €3,528,213 | €2,874,033 | -€654,180 | -18.5% |
| Amounts receivable within one year | 40/41 | €3,516,856 | €2,739,996 | -€776,860 | -22.1% |
| Trade receivables | 40 | €832,462 | €57,001 | -€775,461 | -93.2% |
| Other amounts receivable | 41 | €2,684,394 | €2,682,995 | -€1,399 | -0.1% |
| Cash at bank and in hand | 54/58 | €10,448 | €133,421 | +€122,973 | +1,177% |
| Deferred charges and accrued income | 490/1 | €909 | €616 | -€293 | -32.2% |
| Total equity and liabilities | 10/49 | €3,952,931 | €8,160,873 | +€4.2m | +106% |
| Equity | 10/15 | €2,568,549 | €2,328,800 | -€239,749 | -9.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,506,549 | €2,266,800 | -€239,749 | -9.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,231,700 | €2,230,949 | -€751 | 0.0% |
| Distributable reserves | 133 | €268,649 | €29,650 | -€238,998 | -89.0% |
| Provisions and deferred taxes | 16 | €743,900 | €743,650 | -€250 | 0.0% |
| Deferred taxes | 168 | €743,900 | €743,650 | -€250 | 0.0% |
| Amounts payable | 17/49 | €640,483 | €5,088,424 | +€4.4m | +694% |
| Amounts payable after more than one year | 17 | €17,850 | €807,247 | +€789,396 | +4,422% |
| Financial debts | 170/4 | €17,850 | €807,247 | +€789,396 | +4,422% |
| Amounts payable within one year | 42/48 | €604,554 | €4,260,040 | +€3.7m | +605% |
| Current portion of amounts payable after more than one year | 42 | €10,293 | €410,604 | +€400,311 | +3,889% |
| Financial debts | 43 | €350,000 | €1,800,000 | +€1.5m | +414% |
| Credit institutions | 430/8 | €350,000 | €1,800,000 | +€1.5m | +414% |
| Trade debts | 44 | €37,004 | €141,370 | +€104,366 | +282% |
| Suppliers | 440/4 | €37,004 | €141,370 | +€104,366 | +282% |
| Taxes, remuneration and social security | 45 | €0 | €937 | +€937 | |
| Taxes | 450/3 | €0 | €937 | +€937 | |
| Other amounts payable | 47/48 | €207,258 | €1,907,129 | +€1.7m | +820% |
| Accrued charges and deferred income | 492/3 | €18,079 | €21,137 | +€3,059 | +16.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,571 | €186,411 | +€177,839 | +2,075% |
| Other operating charges | 640/8 | €42,192 | €8,590 | -€33,603 | -79.6% |
| Non-recurring operating charges | 66A | €0 | €9,702 | +€9,702 | |
| Gross operating margin | 9900 | €34,282 | -€10,162 | -€44,444 | |
| Operating profit (loss) | 9901 | -€16,482 | -€214,865 | -€198,383 | -1,204% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €29,169 | €25,136 | -€4,033 | -13.8% |
| Recurring financial charges | 65 | €29,169 | €25,136 | -€4,033 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€45,651 | -€239,999 | -€194,348 | -426% |
| Transfer from deferred taxes | 780 | - | €250 | +€250 | |
| Profit (loss) for the period | 9904 | -€45,651 | -€239,749 | -€194,098 | -425% |
| Transfer from tax-exempt reserves | 789 | - | €751 | +€751 | |
| Profit (loss) for the period to be appropriated | 9905 | -€45,651 | -€238,998 | -€193,347 | -424% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.