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Brussel's Management: 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.

What changed

Brussel's Management

BE 0406.699.719
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€66
2024 · -€64-€2
Equity
-€14,917
2024 · -€14,851-€66
Cash
-
not filed
Balance sheet total
€4,919
2024 · €4,919

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€66

      down €66 (-0.2%), from -€35,303 to -€35,368

    • Other debts +€66

      up €66 (+0.3%), from €19,770 to €19,836

    Income statement

    No income-statement line moved by more than 1% of the activity.

      From the 2024 result to the 2025 result

      effect on the 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.

      Result 2024 -€64
      Other operating charges -€2
      Result 2025 -€66
      lowers the result

      Derived cash bridge

      cash 2024 to 2025

      Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

      Every line side by side 21 lines
      Line Code 2024 2025 Change %
      Total assets 20/58 €4,919 €4,919 = 0.0%
      Fixed assets 21/28 €4,919 €4,919 = 0.0%
      Tangible fixed assets 22/27 €4,919 €4,919 = 0.0%
      Land and buildings 22 €4,919 €4,919 = 0.0%
      Total equity and liabilities 10/49 €4,919 €4,919 = 0.0%
      Equity 10/15 -€14,851 -€14,917 -€66 -0.4%
      Contributions 10/11 €18,592 €18,592 = 0.0%
      Capital 10 €18,592 €18,592 = 0.0%
      Issued capital 100 €18,592 €18,592 = 0.0%
      Reserves 13 €1,859 €1,859 = 0.0%
      Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
      Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
      Profit (loss) carried forward 14 -€35,303 -€35,368 -€66 -0.2%
      Amounts payable 17/49 €19,770 €19,836 +€66 +0.3%
      Amounts payable within one year 42/48 €19,770 €19,836 +€66 +0.3%
      Other amounts payable 47/48 €19,770 €19,836 +€66 +0.3%
      Other operating charges 640/8 €64 €66 +€2 +3.0%
      Operating profit (loss) 9901 -€64 -€66 -€2 -3.0%
      Profit (loss) for the period before taxes 9903 -€64 -€66 -€2 -3.0%
      Profit (loss) for the period 9904 -€64 -€66 -€2 -3.0%
      Profit (loss) for the period to be appropriated 9905 -€64 -€66 -€2 -3.0%

      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 21 October 2026 via checked.be.