BRUWAT: 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.
BRUWAT
Largest movements
- Receivables within one year -€2,626
down €2,626 (-4.8%), from €55,140 to €52,514
- Cash +€600
new in 2025: €600
mainly Trade debts (+€4,362) and Receivables within one year (+€2,626)
- Profit (loss) carried forward -€9,185
down €9,185 (-114.3%), from -€8,038 to -€17,222
- Trade debts +€4,362
up €4,362 (+178.3%), from €2,446 to €6,808
- Other debts +€2,600
new in 2025: €2,600
- Gross operating margin -€7,151
down €7,151 (-299.2%), from -€2,390 to -€9,542
- Taxes -€1,000
down €1,000, from €500 to -€500
- Financial income +€425
up €425 (+53.3%), from €797 to €1,222
- Other operating charges +€415
up €415 (+116.9%), from €355 to €771
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 | €55,909 | €53,686 | -€2,223 | -4.0% |
| Formation expenses | 20 | €575 | €288 | -€288 | -50.0% |
| Current assets | 29/58 | €55,333 | €53,398 | -€1,935 | -3.5% |
| Amounts receivable within one year | 40/41 | €55,140 | €52,514 | -€2,626 | -4.8% |
| Other amounts receivable | 41 | €55,140 | €52,514 | -€2,626 | -4.8% |
| Cash at bank and in hand | 54/58 | - | €600 | +€600 | |
| Deferred charges and accrued income | 490/1 | €193 | €284 | +€91 | +46.9% |
| Total equity and liabilities | 10/49 | €55,909 | €53,686 | -€2,223 | -4.0% |
| Equity | 10/15 | €53,463 | €44,278 | -€9,185 | -17.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,038 | -€17,222 | -€9,185 | -114.3% |
| Amounts payable | 17/49 | €2,446 | €9,408 | +€6,962 | +284.6% |
| Amounts payable within one year | 42/48 | €2,446 | €9,408 | +€6,962 | +284.6% |
| Trade debts | 44 | €2,446 | €6,808 | +€4,362 | +178.3% |
| Suppliers | 440/4 | €2,446 | €6,808 | +€4,362 | +178.3% |
| Other amounts payable | 47/48 | - | €2,600 | +€2,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €288 | = | 0.0% |
| Other operating charges | 640/8 | €355 | €771 | +€415 | +116.9% |
| Gross operating margin | 9900 | -€2,390 | -€9,542 | -€7,151 | -299.2% |
| Operating profit (loss) | 9901 | -€3,033 | -€10,600 | -€7,567 | -249.4% |
| Financial income | 75/76B | €797 | €1,222 | +€425 | +53.3% |
| Recurring financial income | 75 | €797 | €1,222 | +€425 | +53.3% |
| Financial charges | 65/66B | €246 | €306 | +€60 | +24.5% |
| Recurring financial charges | 65 | €246 | €306 | +€60 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,483 | -€9,685 | -€7,202 | -290.1% |
| Income taxes | 67/77 | €500 | -€500 | -€1,000 | |
| Profit (loss) for the period | 9904 | -€2,983 | -€9,185 | -€6,202 | -207.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,983 | -€9,185 | -€6,202 | -207.9% |
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 30 September 2026 via checked.be.