BRULOO: 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.
BRULOO
Largest movements
- Tangible fixed assets +€66,872
up €66,872 (+32.2%), from €207,795 to €274,667
of which Land and buildings: +€67,608
- Receivables within one year -€31,282
down €31,282 (-80.8%), from €38,716 to €7,434
of which Trade receivables: -€32,065
- Cash -€7,046
down €7,046 (-82.4%), from €8,556 to €1,510
mainly Investment in fixed assets (net) (-€79,079) and Trade debts (-€44,644)
- Other debts +€80,166
up €80,166 (+102.5%), from €78,189 to €158,355
- Trade debts -€44,644
down €44,644 (-87.7%), from €50,893 to €6,248
- Reserves -€3,562
down €3,562 (-5.7%), from €62,535 to €58,973
- Gross operating margin +€1,942
up €1,942 (+25.1%), from €7,748 to €9,690
- Depreciation +€650
up €650 (+5.6%), from €11,557 to €12,207
- Other operating charges +€225
up €225 (+15.6%), from €1,438 to €1,663
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 | €255,179 | €283,993 | +€28,814 | +11.3% |
| Fixed assets | 21/28 | €207,795 | €274,667 | +€66,872 | +32.2% |
| Tangible fixed assets | 22/27 | €207,795 | €274,667 | +€66,872 | +32.2% |
| Land and buildings | 22 | €204,839 | €272,448 | +€67,608 | +33.0% |
| Plant, machinery and equipment | 23 | €2,955 | €2,219 | -€736 | -24.9% |
| Current assets | 29/58 | €47,384 | €9,326 | -€38,058 | -80.3% |
| Amounts receivable within one year | 40/41 | €38,716 | €7,434 | -€31,282 | -80.8% |
| Trade receivables | 40 | €38,500 | €6,434 | -€32,065 | -83.3% |
| Other amounts receivable | 41 | €217 | €1,000 | +€783 | +361.3% |
| Cash at bank and in hand | 54/58 | €8,556 | €1,510 | -€7,046 | -82.4% |
| Deferred charges and accrued income | 490/1 | €112 | €382 | +€270 | +241.7% |
| Total equity and liabilities | 10/49 | €255,179 | €283,993 | +€28,814 | +11.3% |
| Equity | 10/15 | €104,457 | €99,732 | -€4,724 | -4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,535 | €58,973 | -€3,562 | -5.7% |
| Tax-exempt reserves | 132 | €62,535 | €58,973 | -€3,562 | -5.7% |
| Profit (loss) carried forward | 14 | €23,322 | €22,159 | -€1,163 | -5.0% |
| Provisions and deferred taxes | 16 | €20,845 | €19,658 | -€1,187 | -5.7% |
| Deferred taxes | 168 | €20,845 | €19,658 | -€1,187 | -5.7% |
| Amounts payable | 17/49 | €129,877 | €164,603 | +€34,726 | +26.7% |
| Amounts payable within one year | 42/48 | €129,081 | €164,603 | +€35,522 | +27.5% |
| Trade debts | 44 | €50,893 | €6,248 | -€44,644 | -87.7% |
| Suppliers | 440/4 | €50,893 | €6,248 | -€44,644 | -87.7% |
| Other amounts payable | 47/48 | €78,189 | €158,355 | +€80,166 | +102.5% |
| Accrued charges and deferred income | 492/3 | €796 | €0 | -€796 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,557 | €12,207 | +€650 | +5.6% |
| Other operating charges | 640/8 | €1,438 | €1,663 | +€225 | +15.6% |
| Gross operating margin | 9900 | €7,748 | €9,690 | +€1,942 | +25.1% |
| Operating profit (loss) | 9901 | -€5,247 | -€4,180 | +€1,067 | +20.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €23 | €65 | +€43 | +187.3% |
| Recurring financial charges | 65 | €23 | €65 | +€43 | +187.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,270 | -€4,246 | +€1,024 | +19.4% |
| Transfer from deferred taxes | 780 | €3,908 | €1,187 | -€2,720 | -69.6% |
| Profit (loss) for the period | 9904 | -€1,362 | -€3,058 | -€1,696 | -124.5% |
| Transfer from tax-exempt reserves | 789 | €11,723 | €3,562 | -€8,161 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,361 | €503 | -€9,857 | -95.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.