Bruyn: 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.
Bruyn
Largest movements
- Tangible fixed assets +€7,754
up €7,754 (+150%), from €5,160 to €12,914
of which Land and buildings: +€8,114
- Cash +€3,723
up €3,723 (+55.1%), from €6,758 to €10,482
mainly Other debts (+€7,610) and Net result for the year (+€4,077)
- Receivables within one year +€2,904
up €2,904 (+18.0%), from €16,101 to €19,005
of which Trade receivables: +€2,904
- Other debts +€7,610
up €7,610 (+107%), from €7,110 to €14,720
- Tax, wage and social debts +€2,885
up €2,885 (+62.6%), from €4,610 to €7,496
of which Taxes: +€2,885
- Reserves +€2,589
up €2,589 (+21.3%), from €12,177 to €14,766
- Profit (loss) carried forward +€1,488
no longer reported in 2025 (was -€1,488)
- Trade debts -€714
down €714 (-26.6%), from €2,685 to €1,971
- Gross operating margin +€7,102
up €7,102 (+597%), from €1,189 to €8,291
- Taxes +€1,876
up €1,876 (+894%), from €210 to €2,085
- Other operating charges -€991
down €991 (-60.8%), from €1,629 to €638
- Depreciation -€202
down €202 (-12.3%), from €1,650 to €1,448
- Financial charges -€84
down €84 (-66.7%), from €126 to €42
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 | €28,095 | €42,540 | +€14,445 | +51.4% |
| Fixed assets | 21/28 | €5,160 | €12,914 | +€7,754 | +150% |
| Tangible fixed assets | 22/27 | €5,160 | €12,914 | +€7,754 | +150% |
| Land and buildings | 22 | €4,130 | €12,244 | +€8,114 | +196% |
| Furniture and vehicles | 24 | €1,030 | €670 | -€360 | -35.0% |
| Current assets | 29/58 | €22,935 | €29,626 | +€6,691 | +29.2% |
| Amounts receivable within one year | 40/41 | €16,101 | €19,005 | +€2,904 | +18.0% |
| Trade receivables | 40 | €15,972 | €18,876 | +€2,904 | +18.2% |
| Other amounts receivable | 41 | €129 | €129 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,758 | €10,482 | +€3,723 | +55.1% |
| Deferred charges and accrued income | 490/1 | €76 | €139 | +€64 | +84.4% |
| Total equity and liabilities | 10/49 | €28,095 | €42,540 | +€14,445 | +51.4% |
| Equity | 10/15 | €13,689 | €17,766 | +€4,077 | +29.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,177 | €14,766 | +€2,589 | +21.3% |
| Distributable reserves | 133 | €12,177 | €14,766 | +€2,589 | +21.3% |
| Profit (loss) carried forward | 14 | -€1,488 | - | +€1,488 | |
| Amounts payable | 17/49 | €14,406 | €24,773 | +€10,368 | +72.0% |
| Amounts payable within one year | 42/48 | €14,406 | €24,186 | +€9,781 | +67.9% |
| Trade debts | 44 | €2,685 | €1,971 | -€714 | -26.6% |
| Suppliers | 440/4 | €2,685 | €1,971 | -€714 | -26.6% |
| Taxes, remuneration and social security | 45 | €4,610 | €7,496 | +€2,885 | +62.6% |
| Taxes | 450/3 | €2,735 | €5,621 | +€2,885 | +105% |
| Remuneration and social security | 454/9 | €1,875 | €1,875 | = | 0.0% |
| Other amounts payable | 47/48 | €7,110 | €14,720 | +€7,610 | +107% |
| Accrued charges and deferred income | 492/3 | - | €587 | +€587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,650 | €1,448 | -€202 | -12.3% |
| Other operating charges | 640/8 | €1,629 | €638 | -€991 | -60.8% |
| Gross operating margin | 9900 | €1,189 | €8,291 | +€7,102 | +597% |
| Operating profit (loss) | 9901 | -€2,090 | €6,204 | +€8,295 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €126 | €42 | -€84 | -66.7% |
| Recurring financial charges | 65 | €126 | €42 | -€84 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,216 | €6,162 | +€8,379 | |
| Income taxes | 67/77 | €210 | €2,085 | +€1,876 | +894% |
| Profit (loss) for the period | 9904 | -€2,426 | €4,077 | +€6,503 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,426 | €4,077 | +€6,503 |
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 23 October 2026 via checked.be.