BRUSSELLE MVA: what changed
Two fiscal 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.
BRUSSELLE MVA
Largest movements
- Receivables within one year +€4,000
up €4,000 (+12.7%), from €31,460 to €35,460
- Other debts +€3,634
up €3,634 (+0.9%), from €383,453 to €387,087
- Profit (loss) carried forward +€444
up €444 (+0.1%), from -€372,261 to -€371,817
- Gross operating margin +€4,691
up €4,691, from -€3,440 to €1,251
- Other operating charges +€807
new in 2025: €807
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 | €31,790 | €35,730 | +€3,940 | +12.4% |
| Fixed assets | 21/28 | €270 | €270 | = | 0.0% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €31,520 | €35,460 | +€3,940 | +12.5% |
| Amounts receivable within one year | 40/41 | €31,460 | €35,460 | +€4,000 | +12.7% |
| Trade receivables | 40 | €31,460 | €35,460 | +€4,000 | +12.7% |
| Cash at bank and in hand | 54/58 | €60 | €0 | -€60 | -100.0% |
| Total equity and liabilities | 10/49 | €31,790 | €35,730 | +€3,940 | +12.4% |
| Equity | 10/15 | -€351,801 | -€351,357 | +€444 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€372,261 | -€371,817 | +€444 | +0.1% |
| Amounts payable | 17/49 | €383,591 | €387,087 | +€3,496 | +0.9% |
| Amounts payable within one year | 42/48 | €383,591 | €387,087 | +€3,496 | +0.9% |
| Trade debts | 44 | €138 | €0 | -€138 | -100.0% |
| Suppliers | 440/4 | €138 | €0 | -€138 | -100.0% |
| Other amounts payable | 47/48 | €383,453 | €387,087 | +€3,634 | +0.9% |
| Other operating charges | 640/8 | - | €807 | +€807 | |
| Gross operating margin | 9900 | -€3,440 | €1,251 | +€4,691 | |
| Operating profit (loss) | 9901 | -€3,440 | €443 | +€3,883 | |
| Profit (loss) for the period before taxes | 9903 | -€3,440 | €443 | +€3,883 | |
| Profit (loss) for the period | 9904 | -€3,440 | €443 | +€3,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,440 | €443 | +€3,883 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.