BRUSSEGEM: 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.
BRUSSEGEM
Largest movements
- Receivables within one year +€60,499
up €60,499 (+15.8%), from €381,746 to €442,245
of which Other amounts receivable: +€60,137
- Cash -€26,806
down €26,806 (-69.9%), from €38,326 to €11,520
mainly Receivables within one year (-€60,499)
- Tangible fixed assets -€19,659
down €19,659 (-6.1%), from €323,807 to €304,148
of which Land and buildings: -€16,361
- Profit (loss) carried forward +€12,469
up €12,469 (+21.5%), from €58,068 to €70,537
- Depreciation -€6,235
down €6,235 (-24.1%), from €25,894 to €19,659
- Gross operating margin -€3,548
down €3,548 (-11.4%), from €31,243 to €27,695
- Taxes +€1,363
up €1,363 (+41.2%), from €3,309 to €4,672
- Financial income +€1,079
up €1,079 (+7.3%), from €14,806 to €15,885
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 | €778,411 | €791,875 | +€13,464 | +1.7% |
| Fixed assets | 21/28 | €323,807 | €304,148 | -€19,659 | -6.1% |
| Tangible fixed assets | 22/27 | €323,807 | €304,148 | -€19,659 | -6.1% |
| Land and buildings | 22 | €300,191 | €283,830 | -€16,361 | -5.5% |
| Plant, machinery and equipment | 23 | €23,617 | €20,318 | -€3,298 | -14.0% |
| Current assets | 29/58 | €454,604 | €487,727 | +€33,124 | +7.3% |
| Amounts receivable within one year | 40/41 | €381,746 | €442,245 | +€60,499 | +15.8% |
| Trade receivables | 40 | €1,236 | €1,598 | +€362 | +29.3% |
| Other amounts receivable | 41 | €380,510 | €440,647 | +€60,137 | +15.8% |
| Cash at bank and in hand | 54/58 | €38,326 | €11,520 | -€26,806 | -69.9% |
| Deferred charges and accrued income | 490/1 | €34,532 | €33,963 | -€570 | -1.6% |
| Total equity and liabilities | 10/49 | €778,411 | €791,875 | +€13,464 | +1.7% |
| Equity | 10/15 | €778,392 | €791,561 | +€13,169 | +1.7% |
| Contributions | 10/11 | €708,014 | €708,014 | = | 0.0% |
| Capital | 10 | €708,014 | €708,014 | = | 0.0% |
| Issued capital | 100 | €708,014 | €708,014 | = | 0.0% |
| Reserves | 13 | €12,310 | €13,010 | +€700 | +5.7% |
| Non-distributable reserves | 130/1 | €12,310 | €13,010 | +€700 | +5.7% |
| Legal reserve | 130 | €12,310 | €13,010 | +€700 | +5.7% |
| Profit (loss) carried forward | 14 | €58,068 | €70,537 | +€12,469 | +21.5% |
| Amounts payable | 17/49 | €19 | €315 | +€295 | +1530.7% |
| Accrued charges and deferred income | 492/3 | €19 | €315 | +€295 | +1530.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,894 | €19,659 | -€6,235 | -24.1% |
| Other operating charges | 640/8 | €5,880 | €5,807 | -€73 | -1.2% |
| Gross operating margin | 9900 | €31,243 | €27,695 | -€3,548 | -11.4% |
| Operating profit (loss) | 9901 | -€532 | €2,228 | +€2,760 | |
| Financial income | 75/76B | €14,806 | €15,885 | +€1,079 | +7.3% |
| Recurring financial income | 75 | €14,806 | €15,885 | +€1,079 | +7.3% |
| Financial charges | 65/66B | €242 | €273 | +€31 | +12.9% |
| Recurring financial charges | 65 | €242 | €273 | +€31 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €14,033 | €17,841 | +€3,808 | +27.1% |
| Income taxes | 67/77 | €3,309 | €4,672 | +€1,363 | +41.2% |
| Profit (loss) for the period | 9904 | €10,724 | €13,169 | +€2,445 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,724 | €13,169 | +€2,445 | +22.8% |
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.