BRUSSELS SWEETS: 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 SWEETS
Largest movements
- Tangible fixed assets -€31,777
down €31,777 (-23.8%), from €133,534 to €101,756
- Receivables within one year -€16,081
down €16,081 (-19.2%), from €83,627 to €67,547
of which Other amounts receivable: -€15,903
- Cash +€14,035
up €14,035 (+1,317%), from €1,066 to €15,101
mainly Other debts (+€74,429) and Trade debts (+€57,076)
- Stocks and contracts +€3,032
new in 2025: €3,032
- Profit (loss) carried forward -€133,061
down €133,061 (-270%), from -€49,275 to -€182,336
- Other debts +€74,429
up €74,429 (+37.4%), from €198,850 to €273,279
- Trade debts +€57,076
up €57,076 (+227%), from €25,190 to €82,266
- Tax, wage and social debts -€28,537
down €28,537 (-99.2%), from €28,754 to €217
of which Remuneration and social security: -€28,537
- Gross operating margin -€74,182
down €74,182 (-292%), from -€25,376 to -€99,558
- Depreciation +€12,239
up €12,239 (+62.6%), from €19,539 to €31,777
- Other operating charges -€2,824
down €2,824 (-66.8%), from €4,228 to €1,405
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 | €219,094 | €189,112 | -€29,981 | -13.7% |
| Fixed assets | 21/28 | €133,534 | €101,756 | -€31,777 | -23.8% |
| Tangible fixed assets | 22/27 | €133,534 | €101,756 | -€31,777 | -23.8% |
| Furniture and vehicles | 24 | €133,534 | €101,756 | -€31,777 | -23.8% |
| Current assets | 29/58 | €85,560 | €87,356 | +€1,796 | +2.1% |
| Stocks and contracts in progress | 3 | - | €3,032 | +€3,032 | |
| Stocks | 30/36 | - | €3,032 | +€3,032 | |
| Amounts receivable within one year | 40/41 | €83,627 | €67,547 | -€16,081 | -19.2% |
| Trade receivables | 40 | €57,967 | €57,790 | -€177 | -0.3% |
| Other amounts receivable | 41 | €25,660 | €9,757 | -€15,903 | -62.0% |
| Cash at bank and in hand | 54/58 | €1,066 | €15,101 | +€14,035 | +1,317% |
| Deferred charges and accrued income | 490/1 | €866 | €1,676 | +€810 | +93.4% |
| Total equity and liabilities | 10/49 | €219,094 | €189,112 | -€29,981 | -13.7% |
| Equity | 10/15 | -€33,701 | -€166,762 | -€133,061 | -395% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,374 | €9,374 | = | 0.0% |
| Distributable reserves | 133 | €9,374 | €9,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,275 | -€182,336 | -€133,061 | -270% |
| Amounts payable | 17/49 | €252,794 | €355,874 | +€103,080 | +40.8% |
| Amounts payable within one year | 42/48 | €252,794 | €355,874 | +€103,080 | +40.8% |
| Financial debts | 43 | - | €112 | +€112 | |
| Credit institutions | 430/8 | - | €112 | +€112 | |
| Trade debts | 44 | €25,190 | €82,266 | +€57,076 | +227% |
| Suppliers | 440/4 | €25,190 | €82,266 | +€57,076 | +227% |
| Taxes, remuneration and social security | 45 | €28,754 | €217 | -€28,537 | -99.2% |
| Taxes | 450/3 | €217 | €217 | = | 0.0% |
| Remuneration and social security | 454/9 | €28,537 | €0 | -€28,537 | -100% |
| Other amounts payable | 47/48 | €198,850 | €273,279 | +€74,429 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,539 | €31,777 | +€12,239 | +62.6% |
| Other operating charges | 640/8 | €4,228 | €1,405 | -€2,824 | -66.8% |
| Gross operating margin | 9900 | -€25,376 | -€99,558 | -€74,182 | -292% |
| Operating profit (loss) | 9901 | -€49,143 | -€132,740 | -€83,597 | -170% |
| Financial income | 75/76B | €782 | €26 | -€756 | -96.7% |
| Recurring financial income | 75 | €782 | €26 | -€756 | -96.7% |
| Financial charges | 65/66B | €341 | €347 | +€7 | +1.9% |
| Recurring financial charges | 65 | €341 | €347 | +€7 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€48,702 | -€133,061 | -€84,360 | -173% |
| Income taxes | 67/77 | €573 | €0 | -€573 | -100% |
| Profit (loss) for the period | 9904 | -€49,275 | -€133,061 | -€83,787 | -170% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,275 | -€133,061 | -€83,787 | -170% |
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 13 October 2026 via checked.be.