Bruurs: 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.
Bruurs
Largest movements
- Cash +€361,013
up €361,013 (+63.4%), from €569,505 to €930,518
mainly Net result for the year (+€153,479) and Stocks and contracts (+€143,718)
- Stocks and contracts -€143,718
down €143,718 (-57.0%), from €252,321 to €108,603
- Reserves +€153,479
up €153,479 (+21.1%), from €726,274 to €879,753
of which Distributable reserves: +€153,479
- Tax, wage and social debts +€43,610
up €43,610 (+565%), from €7,719 to €51,330
of which Taxes: +€29,767
- Gross operating margin +€156,796
up €156,796 (+65.7%), from €238,741 to €395,537
- Taxes +€32,584
up €32,584 (+82.5%), from €39,506 to €72,089
- Staff costs +€29,987
up €29,987 (+24.2%), from €123,916 to €153,903
- Financial income -€13,509
down €13,509 (-88.8%), from €15,204 to €1,695
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 | €867,909 | €1,073,646 | +€205,737 | +23.7% |
| Fixed assets | 21/28 | €43,835 | €33,111 | -€10,725 | -24.5% |
| Tangible fixed assets | 22/27 | €43,835 | €33,111 | -€10,725 | -24.5% |
| Land and buildings | 22 | €4,473 | €3,814 | -€659 | -14.7% |
| Plant, machinery and equipment | 23 | €39,362 | €29,297 | -€10,065 | -25.6% |
| Current assets | 29/58 | €824,073 | €1,040,536 | +€216,462 | +26.3% |
| Stocks and contracts in progress | 3 | €252,321 | €108,603 | -€143,718 | -57.0% |
| Stocks | 30/36 | €252,321 | €108,603 | -€143,718 | -57.0% |
| Amounts receivable within one year | 40/41 | €2,188 | €1,415 | -€773 | -35.3% |
| Trade receivables | 40 | €2,188 | €1,292 | -€896 | -40.9% |
| Other amounts receivable | 41 | €0 | €122 | +€122 | |
| Cash at bank and in hand | 54/58 | €569,505 | €930,518 | +€361,013 | +63.4% |
| Deferred charges and accrued income | 490/1 | €60 | €0 | -€60 | -100% |
| Total equity and liabilities | 10/49 | €867,909 | €1,073,646 | +€205,737 | +23.7% |
| Equity | 10/15 | €851,274 | €1,004,753 | +€153,479 | +18.0% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €726,274 | €879,753 | +€153,479 | +21.1% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,650 | €10,650 | = | 0.0% |
| Distributable reserves | 133 | €703,124 | €856,603 | +€153,479 | +21.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,635 | €68,893 | +€52,258 | +314% |
| Amounts payable within one year | 42/48 | €16,635 | €68,893 | +€52,258 | +314% |
| Trade debts | 44 | €8,916 | €17,563 | +€8,648 | +97.0% |
| Suppliers | 440/4 | €8,916 | €17,563 | +€8,648 | +97.0% |
| Taxes, remuneration and social security | 45 | €7,719 | €51,330 | +€43,610 | +565% |
| Taxes | 450/3 | €4,898 | €34,665 | +€29,767 | +608% |
| Remuneration and social security | 454/9 | €2,821 | €16,665 | +€13,844 | +491% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €123,916 | €153,903 | +€29,987 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,725 | €10,725 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,748 | €2,252 | -€2,496 | -52.6% |
| Gross operating margin | 9900 | €238,741 | €395,537 | +€156,796 | +65.7% |
| Operating profit (loss) | 9901 | €99,352 | €228,657 | +€129,305 | +130% |
| Financial income | 75/76B | €15,204 | €1,695 | -€13,509 | -88.8% |
| Recurring financial income | 75 | €15,204 | €1,695 | -€13,509 | -88.8% |
| Financial charges | 65/66B | €3,988 | €4,784 | +€795 | +19.9% |
| Recurring financial charges | 65 | €3,988 | €4,784 | +€795 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €110,567 | €225,569 | +€115,001 | +104% |
| Income taxes | 67/77 | €39,506 | €72,089 | +€32,584 | +82.5% |
| Profit (loss) for the period | 9904 | €71,062 | €153,479 | +€82,417 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €71,062 | €153,479 | +€82,417 | +116% |
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 24 October 2026 via checked.be.