BRUXX: 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.
BRUXX
Largest movements
- Receivables after one year +€46,102
new in 2025: €46,102
- Receivables within one year +€35,812
up €35,812 (+27.5%), from €130,375 to €166,188
of which Other amounts receivable: +€64,880
- Tangible fixed assets -€29,354
down €29,354 (-4.9%), from €599,050 to €569,696
of which Land and buildings: -€25,062
- Cash -€22,577
down €22,577 (-14.6%), from €154,883 to €132,306
mainly Receivables after one year (-€46,102) and Debts after one year (-€43,973)
- Reserves +€101,991
up €101,991 (+19.2%), from €531,677 to €633,668
of which Distributable reserves: +€101,991
- Debts after one year -€43,973
down €43,973 (-11.1%), from €395,089 to €351,117
- Tax, wage and social debts -€24,580
down €24,580 (-69.5%), from €35,354 to €10,775
of which Taxes: -€21,380
- Other debts -€15,000
no longer reported in 2025 (was €15,000)
- Gross operating margin -€53,121
down €53,121 (-22.6%), from €235,175 to €182,054
- Taxes -€15,428
down €15,428 (-26.3%), from €58,607 to €43,179
- Financial income +€6,123
up €6,123 (+87.3%), from €7,013 to €13,136
- Other operating charges -€3,029
down €3,029 (-32.3%), from €9,389 to €6,360
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 | €1,054,352 | €1,076,815 | +€22,462 | +2.1% |
| Fixed assets | 21/28 | €599,050 | €569,696 | -€29,354 | -4.9% |
| Tangible fixed assets | 22/27 | €599,050 | €569,696 | -€29,354 | -4.9% |
| Land and buildings | 22 | €573,024 | €547,962 | -€25,062 | -4.4% |
| Plant, machinery and equipment | 23 | €10,900 | €8,337 | -€2,564 | -23.5% |
| Furniture and vehicles | 24 | €690 | €376 | -€314 | -45.5% |
| Other tangible fixed assets | 26 | €14,435 | €13,021 | -€1,414 | -9.8% |
| Current assets | 29/58 | €455,302 | €507,118 | +€51,816 | +11.4% |
| Amounts receivable after more than one year | 29 | - | €46,102 | +€46,102 | |
| Other amounts receivable | 291 | - | €46,102 | +€46,102 | |
| Amounts receivable within one year | 40/41 | €130,375 | €166,188 | +€35,812 | +27.5% |
| Trade receivables | 40 | €99,215 | €70,147 | -€29,067 | -29.3% |
| Other amounts receivable | 41 | €31,160 | €96,040 | +€64,880 | +208% |
| Current investments | 50/53 | €156,029 | €155,843 | -€186 | -0.1% |
| Cash at bank and in hand | 54/58 | €154,883 | €132,306 | -€22,577 | -14.6% |
| Deferred charges and accrued income | 490/1 | €14,015 | €6,679 | -€7,336 | -52.3% |
| Total equity and liabilities | 10/49 | €1,054,352 | €1,076,815 | +€22,462 | +2.1% |
| Equity | 10/15 | €544,077 | €646,068 | +€101,991 | +18.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €531,677 | €633,668 | +€101,991 | +19.2% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €468,527 | €570,518 | +€101,991 | +21.8% |
| Amounts payable | 17/49 | €510,275 | €430,746 | -€79,529 | -15.6% |
| Amounts payable after more than one year | 17 | €395,089 | €351,117 | -€43,973 | -11.1% |
| Financial debts | 170/4 | €395,089 | €351,117 | -€43,973 | -11.1% |
| Amounts payable within one year | 42/48 | €107,014 | €72,126 | -€34,888 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €43,250 | €43,973 | +€722 | +1.7% |
| Financial debts | 43 | €11,877 | €11,840 | -€37 | -0.3% |
| Credit institutions | 430/8 | €11,877 | €11,840 | -€37 | -0.3% |
| Trade debts | 44 | €1,532 | €5,539 | +€4,007 | +261% |
| Suppliers | 440/4 | €1,532 | €5,539 | +€4,007 | +261% |
| Taxes, remuneration and social security | 45 | €35,354 | €10,775 | -€24,580 | -69.5% |
| Taxes | 450/3 | €32,154 | €10,775 | -€21,380 | -66.5% |
| Remuneration and social security | 454/9 | €3,200 | - | -€3,200 | |
| Other amounts payable | 47/48 | €15,000 | - | -€15,000 | |
| Accrued charges and deferred income | 492/3 | €8,172 | €7,503 | -€669 | -8.2% |
| Non-recurring operating income | 76A | - | €2,194 | +€2,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,178 | €33,144 | -€1,035 | -3.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €470 | €992 | +€522 | +111% |
| Other operating charges | 640/8 | €9,389 | €6,360 | -€3,029 | -32.3% |
| Gross operating margin | 9900 | €235,175 | €182,054 | -€53,121 | -22.6% |
| Operating profit (loss) | 9901 | €191,138 | €141,559 | -€49,580 | -25.9% |
| Financial income | 75/76B | €7,013 | €13,136 | +€6,123 | +87.3% |
| Recurring financial income | 75 | €7,013 | €13,136 | +€6,123 | +87.3% |
| Financial charges | 65/66B | €10,384 | €9,525 | -€859 | -8.3% |
| Recurring financial charges | 65 | €10,384 | €9,525 | -€859 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €187,767 | €145,170 | -€42,597 | -22.7% |
| Income taxes | 67/77 | €58,607 | €43,179 | -€15,428 | -26.3% |
| Profit (loss) for the period | 9904 | €129,160 | €101,991 | -€27,169 | -21.0% |
| Transfer from tax-exempt reserves | 789 | €79,000 | - | -€79,000 | |
| Transfer to tax-exempt reserves | 689 | €63,150 | - | -€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €145,010 | €101,991 | -€43,019 | -29.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.