BRUSH: 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.
BRUSH
Largest movements
- Stocks and contracts -€14,298
down €14,298 (-100.0%), from €14,298 to €0
- Cash -€8,338
down €8,338 (-27.5%), from €30,285 to €21,947
mainly Trade debts (-€9,830) and Other debts (-€6,380)
- Tangible fixed assets +€3,544
up €3,544 (+14.9%), from €23,708 to €27,251
of which Furniture and vehicles: +€3,961
- Receivables within one year +€2,372
up €2,372 (+42.0%), from €5,644 to €8,016
of which Trade receivables: +€1,886
- Trade debts -€9,830
down €9,830 (-74.8%), from €13,134 to €3,303
- Other debts -€6,380
down €6,380 (-76.8%), from €8,310 to €1,930
- Tax, wage and social debts -€3,776
down €3,776 (-89.0%), from €4,244 to €468
- Reserves +€3,282
up €3,282 (+7.7%), from €42,584 to €45,866
of which Distributable reserves: +€3,282
- Depreciation -€4,062
down €4,062 (-75.5%), from €5,376 to €1,315
- Gross operating margin -€760
down €760 (-9.0%), from €8,427 to €7,667
- Taxes +€189
up €189 (+135.2%), from €140 to €328
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 | €74,469 | €57,765 | -€16,704 | -22.4% |
| Fixed assets | 21/28 | €23,734 | €27,277 | +€3,544 | +14.9% |
| Tangible fixed assets | 22/27 | €23,708 | €27,251 | +€3,544 | +14.9% |
| Land and buildings | 22 | €23,328 | €23,290 | -€38 | -0.2% |
| Furniture and vehicles | 24 | - | €3,961 | +€3,961 | |
| Leasing and similar rights | 25 | €379 | €0 | -€379 | -100.0% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €50,735 | €30,487 | -€20,248 | -39.9% |
| Stocks and contracts in progress | 3 | €14,298 | €0 | -€14,298 | -100.0% |
| Contracts in progress | 37 | €14,298 | €0 | -€14,298 | -100.0% |
| Amounts receivable within one year | 40/41 | €5,644 | €8,016 | +€2,372 | +42.0% |
| Trade receivables | 40 | €4,480 | €6,366 | +€1,886 | +42.1% |
| Other amounts receivable | 41 | €1,164 | €1,651 | +€487 | +41.8% |
| Cash at bank and in hand | 54/58 | €30,285 | €21,947 | -€8,338 | -27.5% |
| Deferred charges and accrued income | 490/1 | €508 | €524 | +€16 | +3.2% |
| Total equity and liabilities | 10/49 | €74,469 | €57,765 | -€16,704 | -22.4% |
| Equity | 10/15 | €48,782 | €52,064 | +€3,282 | +6.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €42,584 | €45,866 | +€3,282 | +7.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €40,725 | €44,007 | +€3,282 | +8.1% |
| Amounts payable | 17/49 | €25,687 | €5,701 | -€19,986 | -77.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,687 | €5,701 | -€19,986 | -77.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €13,134 | €3,303 | -€9,830 | -74.8% |
| Suppliers | 440/4 | €13,134 | €3,303 | -€9,830 | -74.8% |
| Taxes, remuneration and social security | 45 | €4,244 | €468 | -€3,776 | -89.0% |
| Taxes | 450/3 | €4,244 | €468 | -€3,776 | -89.0% |
| Other amounts payable | 47/48 | €8,310 | €1,930 | -€6,380 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,376 | €1,315 | -€4,062 | -75.5% |
| Other operating charges | 640/8 | €2,331 | €2,263 | -€68 | -2.9% |
| Gross operating margin | 9900 | €8,427 | €7,667 | -€760 | -9.0% |
| Operating profit (loss) | 9901 | €720 | €4,090 | +€3,370 | +468.4% |
| Financial income | 75/76B | €4 | €47 | +€43 | +1177.7% |
| Recurring financial income | 75 | €4 | €47 | +€43 | +1177.7% |
| Financial charges | 65/66B | €491 | €526 | +€35 | +7.2% |
| Recurring financial charges | 65 | €491 | €526 | +€35 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €232 | €3,610 | +€3,378 | +1454.8% |
| Income taxes | 67/77 | €140 | €328 | +€189 | +135.2% |
| Profit (loss) for the period | 9904 | €93 | €3,282 | +€3,189 | +3441.8% |
| Profit (loss) for the period to be appropriated | 9905 | €93 | €3,282 | +€3,189 | +3441.8% |
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 11 October 2026 via checked.be.