BRUSSEL'S CAR: what changed
BRUSSEL'S CAR
Largest movements
- Cash +€18,780
up €18,780 (+99.2%), from €18,922 to €37,702
mainly Net result for the year (+€21,003) and Receivables within one year (+€17,702)
- Receivables within one year -€17,702
down €17,702 (-36.2%), from €48,924 to €31,222
of which Other amounts receivable: -€15,777
- Stocks and contracts -€3,867
down €3,867 (-18.5%), from €20,942 to €17,075
- Deferred charges and accrued income -€2,202
no longer reported in 2025 (was €2,202)
- Tax, wage and social debts -€30,285
down €30,285 (-41.9%), from €72,267 to €41,983
of which Taxes: -€26,752
- Profit (loss) carried forward +€21,003
up €21,003 (+28.1%), from -€74,768 to -€53,765
- Trade debts +€4,798
up €4,798 (+18.7%), from €25,655 to €30,452
- Gross operating margin +€81,970
up €81,970 (+83.4%), from €98,282 to €180,253
- Taxes +€15,453
up €15,453 (+7,571%), from €204 to €15,657
- Other operating charges +€5,769
up €5,769 (+131%), from €4,415 to €10,184
- Depreciation -€2,497
down €2,497 (-43.1%), from €5,798 to €3,301
- Staff costs -€2,064
down €2,064 (-1.6%), from €128,670 to €126,606
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,415 | €91,154 | -€4,261 | -4.5% |
| Fixed assets | 21/28 | €4,426 | €5,155 | +€730 | +16.5% |
| Tangible fixed assets | 22/27 | €4,426 | €5,155 | +€730 | +16.5% |
| Plant, machinery and equipment | 23 | - | €907 | +€907 | |
| Furniture and vehicles | 24 | €3,554 | €3,504 | -€50 | -1.4% |
| Other tangible fixed assets | 26 | €872 | €744 | -€128 | -14.7% |
| Current assets | 29/58 | €90,989 | €85,999 | -€4,990 | -5.5% |
| Stocks and contracts in progress | 3 | €20,942 | €17,075 | -€3,867 | -18.5% |
| Stocks | 30/36 | €20,942 | €17,075 | -€3,867 | -18.5% |
| Amounts receivable within one year | 40/41 | €48,924 | €31,222 | -€17,702 | -36.2% |
| Trade receivables | 40 | €33,147 | €31,222 | -€1,925 | -5.8% |
| Other amounts receivable | 41 | €15,777 | - | -€15,777 | |
| Cash at bank and in hand | 54/58 | €18,922 | €37,702 | +€18,780 | +99.2% |
| Deferred charges and accrued income | 490/1 | €2,202 | - | -€2,202 | |
| Total equity and liabilities | 10/49 | €95,415 | €91,154 | -€4,261 | -4.5% |
| Equity | 10/15 | -€2,507 | €18,496 | +€21,003 | |
| Contributions | 10/11 | €65,692 | €65,692 | = | 0.0% |
| Reserves | 13 | €6,569 | €6,569 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,569 | €6,569 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,569 | €6,569 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,768 | -€53,765 | +€21,003 | +28.1% |
| Amounts payable | 17/49 | €97,922 | €72,658 | -€25,264 | -25.8% |
| Amounts payable after more than one year | 17 | - | €223 | +€223 | |
| Other amounts payable | 178/9 | - | €223 | +€223 | |
| Amounts payable within one year | 42/48 | €97,922 | €72,435 | -€25,487 | -26.0% |
| Trade debts | 44 | €25,655 | €30,452 | +€4,798 | +18.7% |
| Suppliers | 440/4 | €25,655 | €30,452 | +€4,798 | +18.7% |
| Taxes, remuneration and social security | 45 | €72,267 | €41,983 | -€30,285 | -41.9% |
| Taxes | 450/3 | €42,625 | €15,872 | -€26,752 | -62.8% |
| Remuneration and social security | 454/9 | €29,642 | €26,110 | -€3,532 | -11.9% |
| Remuneration, social security and pensions | 62 | €128,670 | €126,606 | -€2,064 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,798 | €3,301 | -€2,497 | -43.1% |
| Other operating charges | 640/8 | €4,415 | €10,184 | +€5,769 | +131% |
| Gross operating margin | 9900 | €98,282 | €180,253 | +€81,970 | +83.4% |
| Operating profit (loss) | 9901 | -€40,600 | €40,162 | +€80,762 | |
| Financial charges | 65/66B | €1,539 | €3,502 | +€1,963 | +128% |
| Recurring financial charges | 65 | €1,539 | €3,502 | +€1,963 | +128% |
| Profit (loss) for the period before taxes | 9903 | -€42,139 | €36,660 | +€78,799 | |
| Income taxes | 67/77 | €204 | €15,657 | +€15,453 | +7,571% |
| Profit (loss) for the period | 9904 | -€42,343 | €21,003 | +€63,346 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,343 | €21,003 | +€63,346 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.