BRUWALI: 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.
BRUWALI
Largest movements
- Receivables within one year -€1,884
down €1,884 (-96.4%), from €1,954 to €69
of which Trade receivables: -€1,700
- Formation expenses -€300
down €300 (-80.0%), from €375 to €75
- Profit (loss) carried forward -€2,983
down €2,983 (-3.8%), from -€79,212 to -€82,194
- Trade debts +€570
up €570 (+1.4%), from €41,928 to €42,498
- Other operating charges +€507
up €507 (+131.8%), from €384 to €891
- Gross operating margin +€163
up €163 (+11.8%), from -€1,386 to -€1,223
- Financial charges +€134
up €134 (+30.8%), from €435 to €569
of which Non-recurring financial charges: +€421
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 | €29,221 | €26,810 | -€2,411 | -8.2% |
| Formation expenses | 20 | €375 | €75 | -€300 | -80.0% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €28,746 | €26,635 | -€2,111 | -7.3% |
| Stocks and contracts in progress | 3 | €26,566 | €26,566 | = | 0.0% |
| Stocks | 30/36 | €26,566 | €26,566 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,954 | €69 | -€1,884 | -96.4% |
| Trade receivables | 40 | €1,700 | - | -€1,700 | |
| Other amounts receivable | 41 | €254 | €69 | -€184 | -72.6% |
| Cash at bank and in hand | 54/58 | €226 | - | -€226 | |
| Total equity and liabilities | 10/49 | €29,221 | €26,810 | -€2,411 | -8.2% |
| Equity | 10/15 | -€75,212 | -€78,194 | -€2,983 | -4.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,212 | -€82,194 | -€2,983 | -3.8% |
| Amounts payable | 17/49 | €104,433 | €105,005 | +€572 | +0.5% |
| Amounts payable within one year | 42/48 | €103,833 | €104,405 | +€572 | +0.6% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €41,928 | €42,498 | +€570 | +1.4% |
| Suppliers | 440/4 | €41,928 | €42,498 | +€570 | +1.4% |
| Other amounts payable | 47/48 | €61,905 | €61,897 | -€8 | 0.0% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €891 | +€507 | +131.8% |
| Gross operating margin | 9900 | -€1,386 | -€1,223 | +€163 | +11.8% |
| Operating profit (loss) | 9901 | -€2,070 | -€2,414 | -€343 | -16.6% |
| Financial charges | 65/66B | €435 | €569 | +€134 | +30.8% |
| Recurring financial charges | 65 | €435 | €148 | -€287 | -66.0% |
| Non-recurring financial charges | 66B | - | €421 | +€421 | |
| Profit (loss) for the period before taxes | 9903 | -€2,505 | -€2,983 | -€478 | -19.1% |
| Profit (loss) for the period | 9904 | -€2,505 | -€2,983 | -€478 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,505 | -€2,983 | -€478 | -19.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.