Brusseghem: 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.
Brusseghem
Largest movements
- Cash -€50,639
down €50,639 (-94.8%), from €53,424 to €2,786
mainly Investment in fixed assets (net) (-€47,190) and Net result for the year (-€33,865)
- Tangible fixed assets +€14,802
up €14,802 (+8.8%), from €168,456 to €183,258
of which Assets under construction and advance payments: +€39,004
- Profit (loss) carried forward -€33,865
down €33,865 (-163.2%), from -€20,753 to -€54,618
- Gross operating margin +€3,717
up €3,717, from -€170 to €3,547
- Depreciation +€919
up €919 (+2.9%), from €31,468 to €32,388
- Other operating charges +€150
up €150 (+3.1%), from €4,784 to €4,934
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 | €222,462 | €186,652 | -€35,810 | -16.1% |
| Fixed assets | 21/28 | €168,456 | €183,258 | +€14,802 | +8.8% |
| Tangible fixed assets | 22/27 | €168,456 | €183,258 | +€14,802 | +8.8% |
| Land and buildings | 22 | €164,247 | €141,871 | -€22,376 | -13.6% |
| Plant, machinery and equipment | 23 | €4,209 | €2,383 | -€1,826 | -43.4% |
| Assets under construction and advance payments | 27 | - | €39,004 | +€39,004 | |
| Current assets | 29/58 | €54,006 | €3,394 | -€50,612 | -93.7% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €53,424 | €2,786 | -€50,639 | -94.8% |
| Deferred charges and accrued income | 490/1 | €582 | €608 | +€26 | +4.6% |
| Total equity and liabilities | 10/49 | €222,462 | €186,652 | -€35,810 | -16.1% |
| Equity | 10/15 | €75,381 | €41,516 | -€33,865 | -44.9% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €77,385 | €77,385 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €77,385 | €77,385 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,753 | -€54,618 | -€33,865 | -163.2% |
| Amounts payable | 17/49 | €147,080 | €145,135 | -€1,945 | -1.3% |
| Amounts payable after more than one year | 17 | €108,557 | €108,557 | = | 0.0% |
| Other amounts payable | 178/9 | €108,557 | €108,557 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,423 | €16,478 | -€1,945 | -10.6% |
| Trade debts | 44 | €91 | €0 | -€91 | -100.0% |
| Suppliers | 440/4 | €91 | €0 | -€91 | -100.0% |
| Other amounts payable | 47/48 | €18,332 | €16,478 | -€1,854 | -10.1% |
| Accrued charges and deferred income | 492/3 | €20,100 | €20,100 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,468 | €32,388 | +€919 | +2.9% |
| Other operating charges | 640/8 | €4,784 | €4,934 | +€150 | +3.1% |
| Gross operating margin | 9900 | -€170 | €3,547 | +€3,717 | |
| Operating profit (loss) | 9901 | -€36,423 | -€33,775 | +€2,648 | +7.3% |
| Financial charges | 65/66B | €90 | €90 | = | 0.0% |
| Recurring financial charges | 65 | €90 | €90 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€36,513 | -€33,865 | +€2,648 | +7.3% |
| Profit (loss) for the period | 9904 | -€36,513 | -€33,865 | +€2,648 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,513 | -€33,865 | +€2,648 | +7.3% |
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 9 October 2026 via checked.be.