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 -€69,456
down €69,456 (-20.0%), from €347,521 to €278,065
of which Other tangible fixed assets: -€35,378
- Receivables within one year +€49,073
up €49,073 (+20.4%), from €240,678 to €289,752
of which Other amounts receivable: +€59,739
- Cash +€19,306
up €19,306 (+31.4%), from €61,514 to €80,820
mainly Net result for the year (+€56,238) and Depreciation (+€53,390)
- Stocks and contracts +€9,793
up €9,793 (+61.7%), from €15,881 to €25,673
- Reserves +€56,238
up €56,238 (+9.9%), from €570,802 to €627,040
of which Distributable reserves: +€59,580
- Tax, wage and social debts -€21,671
down €21,671 (-56.7%), from €38,224 to €16,554
of which Taxes: -€21,284
- Other debts -€21,198
down €21,198 (-100%), from €21,198 to €0
- Gross operating margin -€17,808
down €17,808 (-11.0%), from €161,483 to €143,676
- Depreciation -€8,037
down €8,037 (-13.1%), from €61,427 to €53,390
- Taxes -€7,593
down €7,593 (-28.4%), from €26,747 to €19,154
- Financial income +€4,635
up €4,635 (+98.2%), from €4,722 to €9,358
- Staff costs +€1,708
up €1,708 (+8.6%), from €19,767 to €21,476
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 | €686,858 | €701,365 | +€14,507 | +2.1% |
| Fixed assets | 21/28 | €347,596 | €278,140 | -€69,456 | -20.0% |
| Tangible fixed assets | 22/27 | €347,521 | €278,065 | -€69,456 | -20.0% |
| Land and buildings | 22 | €169,534 | €142,871 | -€26,663 | -15.7% |
| Plant, machinery and equipment | 23 | €2,422 | €1,505 | -€918 | -37.9% |
| Furniture and vehicles | 24 | €25,061 | €18,563 | -€6,498 | -25.9% |
| Other tangible fixed assets | 26 | €150,504 | €115,126 | -€35,378 | -23.5% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €339,261 | €423,225 | +€83,964 | +24.7% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €15,881 | €25,673 | +€9,793 | +61.7% |
| Stocks | 30/36 | €15,881 | €25,673 | +€9,793 | +61.7% |
| Amounts receivable within one year | 40/41 | €240,678 | €289,752 | +€49,073 | +20.4% |
| Trade receivables | 40 | €74,019 | €63,353 | -€10,665 | -14.4% |
| Other amounts receivable | 41 | €166,659 | €226,398 | +€59,739 | +35.8% |
| Cash at bank and in hand | 54/58 | €61,514 | €80,820 | +€19,306 | +31.4% |
| Deferred charges and accrued income | 490/1 | €16,188 | €21,979 | +€5,791 | +35.8% |
| Total equity and liabilities | 10/49 | €686,858 | €701,365 | +€14,507 | +2.1% |
| Equity | 10/15 | €589,402 | €645,640 | +€56,238 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €570,802 | €627,040 | +€56,238 | +9.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,385 | €27,044 | -€3,341 | -11.0% |
| Distributable reserves | 133 | €538,556 | €598,136 | +€59,580 | +11.1% |
| Provisions and deferred taxes | 16 | €10,025 | €8,911 | -€1,114 | -11.1% |
| Deferred taxes | 168 | €10,025 | €8,911 | -€1,114 | -11.1% |
| Amounts payable | 17/49 | €87,431 | €46,814 | -€40,617 | -46.5% |
| Amounts payable within one year | 42/48 | €84,258 | €43,304 | -€40,954 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €5,056 | +€5,056 | |
| Credit institutions | 430/8 | - | €5,056 | +€5,056 | |
| Trade debts | 44 | €24,836 | €21,694 | -€3,142 | -12.6% |
| Suppliers | 440/4 | €24,836 | €21,694 | -€3,142 | -12.6% |
| Taxes, remuneration and social security | 45 | €38,224 | €16,554 | -€21,671 | -56.7% |
| Taxes | 450/3 | €34,407 | €13,124 | -€21,284 | -61.9% |
| Remuneration and social security | 454/9 | €3,817 | €3,430 | -€387 | -10.1% |
| Other amounts payable | 47/48 | €21,198 | €0 | -€21,198 | -100% |
| Accrued charges and deferred income | 492/3 | €3,174 | €3,510 | +€336 | +10.6% |
| Non-recurring operating income | 76A | - | €30,120 | +€30,120 | |
| Remuneration, social security and pensions | 62 | €19,767 | €21,476 | +€1,708 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,427 | €53,390 | -€8,037 | -13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€719 | €0 | +€719 | |
| Other operating charges | 640/8 | €3,150 | €3,212 | +€62 | +2.0% |
| Non-recurring operating charges | 66A | €750 | €0 | -€750 | -100% |
| Gross operating margin | 9900 | €161,483 | €143,676 | -€17,808 | -11.0% |
| Operating profit (loss) | 9901 | €77,108 | €65,598 | -€11,509 | -14.9% |
| Financial income | 75/76B | €4,722 | €9,358 | +€4,635 | +98.2% |
| Recurring financial income | 75 | €4,722 | €9,358 | +€4,635 | +98.2% |
| Financial charges | 65/66B | €597 | €678 | +€81 | +13.6% |
| Recurring financial charges | 65 | €597 | €678 | +€81 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €81,233 | €74,278 | -€6,955 | -8.6% |
| Transfer from deferred taxes | 780 | €1,114 | €1,114 | = | 0.0% |
| Income taxes | 67/77 | €26,747 | €19,154 | -€7,593 | -28.4% |
| Profit (loss) for the period | 9904 | €55,600 | €56,238 | +€638 | +1.1% |
| Transfer from tax-exempt reserves | 789 | €3,341 | €3,341 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,942 | €59,580 | +€638 | +1.1% |
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 27 October 2026 via checked.be.