Brulis Consulting: 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.
Brulis Consulting
Largest movements
- Cash -€124,102
down €124,102 (-86.6%), from €143,364 to €19,262
mainly Contributions, distributions and other (-€370,000) and Investment in fixed assets (net) (-€27,861)
- Financial fixed assets +€23,800
up €23,800 (+26.9%), from €88,533 to €112,333
- Tangible fixed assets -€4,570
down €4,570 (-19.1%), from €23,955 to €19,385
of which Other tangible fixed assets: -€7,102
- Receivables within one year +€3,130
up €3,130 (+12.7%), from €24,685 to €27,814
of which Other amounts receivable: +€2,093
- Reserves -€96,255
down €96,255 (-52.5%), from €183,269 to €87,014
of which Distributable reserves: -€96,255
- Current portion of long-term debt -€5,599
down €5,599 (-38.9%), from €14,376 to €8,777
- Financial income -€151,156
down €151,156 (-44.0%), from €343,824 to €192,668
of which Financial income: -€213,456
- Gross operating margin -€4,564
down €4,564 (-3.9%), from €118,413 to €113,849
- Taxes -€2,093
down €2,093 (-8.7%), from €24,052 to €21,960
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 | €282,076 | €180,188 | -€101,888 | -36.1% |
| Fixed assets | 21/28 | €112,488 | €131,718 | +€19,230 | +17.1% |
| Tangible fixed assets | 22/27 | €23,955 | €19,385 | -€4,570 | -19.1% |
| Furniture and vehicles | 24 | €2,978 | €5,510 | +€2,532 | +85.0% |
| Other tangible fixed assets | 26 | €20,977 | €13,875 | -€7,102 | -33.9% |
| Financial fixed assets | 28 | €88,533 | €112,333 | +€23,800 | +26.9% |
| Current assets | 29/58 | €169,588 | €48,470 | -€121,118 | -71.4% |
| Amounts receivable within one year | 40/41 | €24,685 | €27,814 | +€3,130 | +12.7% |
| Trade receivables | 40 | €22,737 | €23,774 | +€1,037 | +4.6% |
| Other amounts receivable | 41 | €1,948 | €4,040 | +€2,093 | +107% |
| Cash at bank and in hand | 54/58 | €143,364 | €19,262 | -€124,102 | -86.6% |
| Deferred charges and accrued income | 490/1 | €1,540 | €1,394 | -€146 | -9.5% |
| Total equity and liabilities | 10/49 | €282,076 | €180,188 | -€101,888 | -36.1% |
| Equity | 10/15 | €201,819 | €105,564 | -€96,255 | -47.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €183,269 | €87,014 | -€96,255 | -52.5% |
| Tax-exempt reserves | 132 | €2,532 | €2,532 | = | 0.0% |
| Distributable reserves | 133 | €180,737 | €84,481 | -€96,255 | -53.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €80,257 | €74,625 | -€5,633 | -7.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €78,777 | €74,625 | -€4,152 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €14,376 | €8,777 | -€5,599 | -38.9% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €1,925 | €2,353 | +€428 | +22.2% |
| Suppliers | 440/4 | €1,925 | €2,353 | +€428 | +22.2% |
| Taxes, remuneration and social security | 45 | €3,174 | €3,794 | +€620 | +19.5% |
| Taxes | 450/3 | €3,174 | €3,794 | +€620 | +19.5% |
| Other amounts payable | 47/48 | €59,301 | €59,693 | +€391 | +0.7% |
| Accrued charges and deferred income | 492/3 | €1,481 | €0 | -€1,481 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,175 | €8,631 | +€456 | +5.6% |
| Other operating charges | 640/8 | €1,107 | €1,098 | -€9 | -0.8% |
| Gross operating margin | 9900 | €118,413 | €113,849 | -€4,564 | -3.9% |
| Operating profit (loss) | 9901 | €109,131 | €104,120 | -€5,011 | -4.6% |
| Financial income | 75/76B | €343,824 | €192,668 | -€151,156 | -44.0% |
| Recurring financial income | 75 | €343,824 | €130,368 | -€213,456 | -62.1% |
| Non-recurring financial income | 76B | - | €62,300 | +€62,300 | |
| Financial charges | 65/66B | €1,302 | €1,083 | -€219 | -16.8% |
| Recurring financial charges | 65 | €1,302 | €1,083 | -€219 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €451,652 | €295,704 | -€155,948 | -34.5% |
| Income taxes | 67/77 | €24,052 | €21,960 | -€2,093 | -8.7% |
| Profit (loss) for the period | 9904 | €427,600 | €273,745 | -€153,856 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €427,600 | €273,745 | -€153,856 | -36.0% |
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 28 October 2026 via checked.be.