BRUYLAND: 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.
BRUYLAND
Largest movements
- Tangible fixed assets +€396,633
up €396,633 (+47.7%), from €832,050 to €1.2m
of which Land and buildings: +€395,655
- Cash -€165,494
down €165,494 (-91.7%), from €180,389 to €14,896
mainly Other debts (-€563,713) and Investment in fixed assets (net) (-€469,018)
- Debts after one year +€574,019
up €574,019 (+471%), from €121,904 to €695,923
- Other debts -€563,713
no longer reported in 2025 (was €563,713)
- Reserves +€183,254
up €183,254 (+92.0%), from €199,089 to €382,343
of which Tax-exempt reserves: +€242,819
- Provisions +€80,940
new in 2025: €80,940
- Tax, wage and social debts -€61,614
down €61,614 (-97.8%), from €62,973 to €1,358
- Gross operating margin +€324,202
up €324,202 (+1,106%), from €29,323 to €353,525
- Depreciation +€62,511
up €62,511 (+633%), from €9,874 to €72,385
- Financial charges +€10,301
up €10,301 (+873%), from €1,180 to €11,481
- Taxes -€5,744
down €5,744 (-96.7%), from €5,937 to €193
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 | €1,039,818 | €1,257,873 | +€218,055 | +21.0% |
| Fixed assets | 21/28 | €832,050 | €1,228,683 | +€396,633 | +47.7% |
| Tangible fixed assets | 22/27 | €832,050 | €1,228,683 | +€396,633 | +47.7% |
| Land and buildings | 22 | €828,102 | €1,223,757 | +€395,655 | +47.8% |
| Plant, machinery and equipment | 23 | €3,948 | €4,926 | +€978 | +24.8% |
| Current assets | 29/58 | €207,767 | €29,190 | -€178,578 | -86.0% |
| Amounts receivable within one year | 40/41 | €21,917 | €10,020 | -€11,897 | -54.3% |
| Trade receivables | 40 | €9,336 | €2,188 | -€7,148 | -76.6% |
| Other amounts receivable | 41 | €12,580 | €7,832 | -€4,748 | -37.7% |
| Current investments | 50/53 | €4,109 | €4,119 | +€10 | +0.3% |
| Cash at bank and in hand | 54/58 | €180,389 | €14,896 | -€165,494 | -91.7% |
| Deferred charges and accrued income | 490/1 | €1,353 | €155 | -€1,198 | -88.5% |
| Total equity and liabilities | 10/49 | €1,039,818 | €1,257,873 | +€218,055 | +21.0% |
| Equity | 10/15 | €261,089 | €444,343 | +€183,254 | +70.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €199,089 | €382,343 | +€183,254 | +92.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €242,819 | +€242,819 | |
| Distributable reserves | 133 | €192,889 | €133,324 | -€59,565 | -30.9% |
| Provisions and deferred taxes | 16 | - | €80,940 | +€80,940 | |
| Deferred taxes | 168 | - | €80,940 | +€80,940 | |
| Amounts payable | 17/49 | €778,728 | €732,590 | -€46,139 | -5.9% |
| Amounts payable after more than one year | 17 | €121,904 | €695,923 | +€574,019 | +471% |
| Financial debts | 170/4 | €121,904 | €695,923 | +€574,019 | +471% |
| Amounts payable within one year | 42/48 | €656,824 | €36,667 | -€620,157 | -94.4% |
| Current portion of amounts payable after more than one year | 42 | €11,184 | €11,634 | +€450 | +4.0% |
| Financial debts | 43 | - | €22,130 | +€22,130 | |
| Credit institutions | 430/8 | - | €22,130 | +€22,130 | |
| Trade debts | 44 | €18,955 | €1,545 | -€17,410 | -91.9% |
| Suppliers | 440/4 | €18,955 | €1,545 | -€17,410 | -91.9% |
| Taxes, remuneration and social security | 45 | €62,973 | €1,358 | -€61,614 | -97.8% |
| Taxes | 450/3 | €62,973 | €1,358 | -€61,614 | -97.8% |
| Other amounts payable | 47/48 | €563,713 | - | -€563,713 | |
| Non-recurring operating income | 76A | - | €338,692 | +€338,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,874 | €72,385 | +€62,511 | +633% |
| Other operating charges | 640/8 | €2,667 | €5,288 | +€2,621 | +98.3% |
| Gross operating margin | 9900 | €29,323 | €353,525 | +€324,202 | +1,106% |
| Operating profit (loss) | 9901 | €16,782 | €275,852 | +€259,070 | +1,544% |
| Financial income | 75/76B | €21 | €15 | -€5 | -24.5% |
| Recurring financial income | 75 | €21 | €15 | -€5 | -24.5% |
| Financial charges | 65/66B | €1,180 | €11,481 | +€10,301 | +873% |
| Recurring financial charges | 65 | €1,180 | €11,481 | +€10,301 | +873% |
| Profit (loss) for the period before taxes | 9903 | €15,623 | €264,387 | +€248,764 | +1,592% |
| Transfer to deferred taxes | 680 | - | €80,940 | +€80,940 | |
| Income taxes | 67/77 | €5,937 | €193 | -€5,744 | -96.7% |
| Profit (loss) for the period | 9904 | €9,686 | €183,254 | +€173,568 | +1,792% |
| Transfer to tax-exempt reserves | 689 | - | €242,819 | +€242,819 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,686 | -€59,565 | -€69,251 |
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 16 October 2026 via checked.be.