Bruse: 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.
Bruse
Largest movements
- Receivables within one year +€31,222
up €31,222 (+1,070%), from €2,918 to €34,141
of which Trade receivables: +€31,105
- Cash +€19,373
up €19,373 (+92.8%), from €20,865 to €40,238
mainly Trade debts (+€24,010) and Net result for the year (+€18,477)
- Tangible fixed assets +€3,063
up €3,063 (+243%), from €1,261 to €4,323
- Trade debts +€24,010
up €24,010 (+1,645%), from €1,459 to €25,469
- Reserves +€18,477
new in 2025: €18,477
- Tax, wage and social debts +€11,432
up €11,432 (+370%), from €3,088 to €14,520
of which Taxes: +€8,457
- Other debts +€1,132
up €1,132 (+13.1%), from €8,670 to €9,802
- Advances received -€968
down €968 (-76.2%), from €1,271 to €303
- Gross operating margin +€30,712
up €30,712, from -€259 to €30,453
- Taxes +€6,377
up €6,377 (+11,502%), from €55 to €6,432
- Depreciation +€1,283
up €1,283 (+146%), from €876 to €2,159
- Other operating charges +€383
up €383 (+81.9%), from €468 to €851
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 | €28,238 | €82,321 | +€54,083 | +192% |
| Fixed assets | 21/28 | €3,616 | €6,679 | +€3,063 | +84.7% |
| Tangible fixed assets | 22/27 | €1,261 | €4,323 | +€3,063 | +243% |
| Plant, machinery and equipment | 23 | €1,261 | €4,323 | +€3,063 | +243% |
| Financial fixed assets | 28 | €2,355 | €2,355 | = | 0.0% |
| Current assets | 29/58 | €24,622 | €75,642 | +€51,020 | +207% |
| Amounts receivable within one year | 40/41 | €2,918 | €34,141 | +€31,222 | +1,070% |
| Trade receivables | 40 | €2,918 | €34,024 | +€31,105 | +1,066% |
| Other amounts receivable | 41 | - | €117 | +€117 | |
| Cash at bank and in hand | 54/58 | €20,865 | €40,238 | +€19,373 | +92.8% |
| Deferred charges and accrued income | 490/1 | €839 | €1,263 | +€425 | +50.6% |
| Total equity and liabilities | 10/49 | €28,238 | €82,321 | +€54,083 | +192% |
| Equity | 10/15 | €13,750 | €32,226 | +€18,477 | +134% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €18,477 | +€18,477 | |
| Distributable reserves | 133 | - | €18,477 | +€18,477 | |
| Profit (loss) carried forward | 14 | €10,750 | €10,750 | = | 0.0% |
| Amounts payable | 17/49 | €14,488 | €50,094 | +€35,606 | +246% |
| Amounts payable within one year | 42/48 | €14,488 | €50,094 | +€35,606 | +246% |
| Trade debts | 44 | €1,459 | €25,469 | +€24,010 | +1,645% |
| Suppliers | 440/4 | €1,459 | €25,469 | +€24,010 | +1,645% |
| Advances received on contracts in progress | 46 | €1,271 | €303 | -€968 | -76.2% |
| Taxes, remuneration and social security | 45 | €3,088 | €14,520 | +€11,432 | +370% |
| Taxes | 450/3 | €1,615 | €10,072 | +€8,457 | +524% |
| Remuneration and social security | 454/9 | €1,473 | €4,448 | +€2,975 | +202% |
| Other amounts payable | 47/48 | €8,670 | €9,802 | +€1,132 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €876 | €2,159 | +€1,283 | +146% |
| Other operating charges | 640/8 | €468 | €851 | +€383 | +81.9% |
| Gross operating margin | 9900 | -€259 | €30,453 | +€30,712 | |
| Operating profit (loss) | 9901 | -€1,604 | €27,443 | +€29,046 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,450 | €2,534 | +€84 | +3.4% |
| Recurring financial charges | 65 | €2,450 | €2,534 | +€84 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,053 | €24,909 | +€28,962 | |
| Income taxes | 67/77 | €55 | €6,432 | +€6,377 | +11,502% |
| Profit (loss) for the period | 9904 | -€4,109 | €18,477 | +€22,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,109 | €18,477 | +€22,586 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.