BRUIST: 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.
BRUIST
Largest movements
- Tangible fixed assets -€46,565
down €46,565 (-4.4%), from €1.1m to €1.0m
of which Land and buildings: -€39,460
- Receivables within one year -€13,286
down €13,286 (-94.5%), from €14,057 to €771
of which Trade receivables: -€13,239
- Trade debts -€28,478
down €28,478 (-75.1%), from €37,905 to €9,427
- Debts after one year -€22,306
down €22,306 (-3.9%), from €567,278 to €544,972
- Tax, wage and social debts -€19,797
down €19,797 (-100.0%), from €19,797 to €0
- Accrued charges and deferred income +€17,985
up €17,985 (+15639.1%), from €115 to €18,100
- Write-downs -€24,599
new in 2025: -€24,599
- Financial charges +€19,189
up €19,189 (+179.1%), from €10,716 to €29,905
- Other operating charges +€13,942
up €13,942 (+53.1%), from €26,239 to €40,181
- Depreciation -€9,729
down €9,729 (-17.3%), from €56,295 to €46,565
- Financial income -€2,617
down €2,617 (-100.0%), from €2,617 to €0
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 | €1,083,960 | €1,025,796 | -€58,164 | -5.4% |
| Fixed assets | 21/28 | €1,068,417 | €1,021,852 | -€46,565 | -4.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,068,417 | €1,021,852 | -€46,565 | -4.4% |
| Land and buildings | 22 | €1,040,035 | €1,000,575 | -€39,460 | -3.8% |
| Plant, machinery and equipment | 23 | €2,225 | €1,748 | -€477 | -21.4% |
| Furniture and vehicles | 24 | €26,157 | €19,529 | -€6,628 | -25.3% |
| Current assets | 29/58 | €15,543 | €3,944 | -€11,599 | -74.6% |
| Amounts receivable within one year | 40/41 | €14,057 | €771 | -€13,286 | -94.5% |
| Trade receivables | 40 | €13,239 | €0 | -€13,239 | -100.0% |
| Other amounts receivable | 41 | €818 | €771 | -€47 | -5.7% |
| Cash at bank and in hand | 54/58 | €0 | €1,226 | +€1,226 | |
| Deferred charges and accrued income | 490/1 | €1,486 | €1,947 | +€461 | +31.1% |
| Total equity and liabilities | 10/49 | €1,083,960 | €1,025,796 | -€58,164 | -5.4% |
| Equity | 10/15 | €351,047 | €352,731 | +€1,685 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €332,455 | €334,139 | +€1,685 | +0.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €332,455 | €334,139 | +€1,685 | +0.5% |
| Amounts payable | 17/49 | €732,913 | €673,064 | -€59,849 | -8.2% |
| Amounts payable after more than one year | 17 | €567,278 | €544,972 | -€22,306 | -3.9% |
| Financial debts | 170/4 | €567,278 | €544,972 | -€22,306 | -3.9% |
| Amounts payable within one year | 42/48 | €165,520 | €109,992 | -€55,528 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €75,782 | €78,306 | +€2,524 | +3.3% |
| Financial debts | 43 | €9,084 | €0 | -€9,084 | -100.0% |
| Other loans | 439 | €9,084 | €0 | -€9,084 | -100.0% |
| Trade debts | 44 | €37,905 | €9,427 | -€28,478 | -75.1% |
| Suppliers | 440/4 | €37,905 | €9,427 | -€28,478 | -75.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €19,797 | €0 | -€19,797 | -100.0% |
| Taxes | 450/3 | €19,797 | €0 | -€19,797 | -100.0% |
| Other amounts payable | 47/48 | €22,952 | €22,259 | -€693 | -3.0% |
| Accrued charges and deferred income | 492/3 | €115 | €18,100 | +€17,985 | +15639.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,295 | €46,565 | -€9,729 | -17.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€24,599 | -€24,599 | |
| Other operating charges | 640/8 | €26,239 | €40,181 | +€13,942 | +53.1% |
| Gross operating margin | 9900 | €93,456 | €94,188 | +€732 | +0.8% |
| Operating profit (loss) | 9901 | €10,921 | €32,040 | +€21,119 | +193.4% |
| Financial income | 75/76B | €2,617 | €0 | -€2,617 | -100.0% |
| Recurring financial income | 75 | €2,617 | €0 | -€2,617 | -100.0% |
| Financial charges | 65/66B | €10,716 | €29,905 | +€19,189 | +179.1% |
| Recurring financial charges | 65 | €10,716 | €29,905 | +€19,189 | +179.1% |
| Profit (loss) for the period before taxes | 9903 | €2,823 | €2,136 | -€688 | -24.4% |
| Income taxes | 67/77 | €441 | €451 | +€11 | +2.4% |
| Profit (loss) for the period | 9904 | €2,383 | €1,685 | -€698 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,383 | €1,685 | -€698 | -29.3% |
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 2 October 2026 via checked.be.