BRUSSELS RELOCATION: 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.
BRUSSELS RELOCATION
Largest movements
- Cash -€4,956
down €4,956 (-18.1%), from €27,348 to €22,392
mainly Contributions, distributions and other (-€18,458) and Deferred charges and accrued income (-€3,999)
- Deferred charges and accrued income +€3,999
new in 2025: €3,999
- Receivables within one year +€1,111
up €1,111 (+6.1%), from €18,185 to €19,295
of which Trade receivables: +€5,739
- Tangible fixed assets +€843
up €843 (+41.5%), from €2,031 to €2,874
- Profit (loss) carried forward -€11,539
no longer reported in 2025 (was €11,539)
- Other debts +€7,333
up €7,333 (+63.5%), from €11,550 to €18,883
- Trade debts +€4,228
up €4,228 (+463%), from €914 to €5,142
- Tax, wage and social debts +€975
up €975 (+31.5%), from €3,100 to €4,075
- Write-downs +€17,190
no longer reported in 2025 (was -€17,190)
- Other operating charges -€16,505
down €16,505 (-93.4%), from €17,662 to €1,157
- Gross operating margin +€8,863
up €8,863 (+552%), from €1,605 to €10,468
- Financial charges +€200
up €200 (+51.4%), from €390 to €590
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.
Derived cash bridge
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 | €47,563 | €48,561 | +€997 | +2.1% |
| Fixed assets | 21/28 | €2,031 | €2,874 | +€843 | +41.5% |
| Tangible fixed assets | 22/27 | €2,031 | €2,874 | +€843 | +41.5% |
| Furniture and vehicles | 24 | €2,031 | €2,874 | +€843 | +41.5% |
| Current assets | 29/58 | €45,533 | €45,686 | +€154 | +0.3% |
| Amounts receivable within one year | 40/41 | €18,185 | €19,295 | +€1,111 | +6.1% |
| Trade receivables | 40 | €10,030 | €15,769 | +€5,739 | +57.2% |
| Other amounts receivable | 41 | €8,155 | €3,527 | -€4,628 | -56.8% |
| Cash at bank and in hand | 54/58 | €27,348 | €22,392 | -€4,956 | -18.1% |
| Deferred charges and accrued income | 490/1 | - | €3,999 | +€3,999 | |
| Total equity and liabilities | 10/49 | €47,563 | €48,561 | +€997 | +2.1% |
| Equity | 10/15 | €31,999 | €20,460 | -€11,539 | -36.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,539 | - | -€11,539 | |
| Amounts payable | 17/49 | €15,564 | €28,101 | +€12,536 | +80.5% |
| Amounts payable within one year | 42/48 | €15,564 | €28,101 | +€12,536 | +80.5% |
| Trade debts | 44 | €914 | €5,142 | +€4,228 | +463% |
| Suppliers | 440/4 | €914 | €5,142 | +€4,228 | +463% |
| Taxes, remuneration and social security | 45 | €3,100 | €4,075 | +€975 | +31.5% |
| Taxes | 450/3 | €3,100 | €4,075 | +€975 | +31.5% |
| Other amounts payable | 47/48 | €11,550 | €18,883 | +€7,333 | +63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,745 | €1,753 | +€8 | +0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,190 | - | +€17,190 | |
| Other operating charges | 640/8 | €17,662 | €1,157 | -€16,505 | -93.4% |
| Non-recurring operating charges | 66A | €0 | €49 | +€49 | +488,800% |
| Gross operating margin | 9900 | €1,605 | €10,468 | +€8,863 | +552% |
| Operating profit (loss) | 9901 | -€613 | €7,508 | +€8,121 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -24.8% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -24.8% |
| Financial charges | 65/66B | €390 | €590 | +€200 | +51.4% |
| Recurring financial charges | 65 | €390 | €590 | +€200 | +51.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,001 | €6,919 | +€7,920 | |
| Profit (loss) for the period | 9904 | -€1,001 | €6,919 | +€7,920 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,001 | €6,919 | +€7,920 |
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 17 October 2026 via checked.be.