BRUYNINCKX: 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.
BRUYNINCKX
Largest movements
- Tangible fixed assets -€11,764
down €11,764 (-38.0%), from €30,963 to €19,199
of which Furniture and vehicles: -€11,764
- Stocks and contracts -€4,342
down €4,342 (-40.7%), from €10,665 to €6,323
- Receivables within one year +€2,436
up €2,436 (+6.2%), from €39,231 to €41,667
of which Trade receivables: +€2,808
- Cash -€2,097
down €2,097 (-3.9%), from €53,640 to €51,543
mainly Other debts (-€19,711) and Receivables within one year (-€2,436)
- Other debts -€19,711
down €19,711 (-22.7%), from €86,988 to €67,277
- Tax, wage and social debts +€2,865
up €2,865 (+1,660%), from €173 to €3,037
- Gross operating margin -€5,310
down €5,310 (-26.4%), from €20,126 to €14,816
- Depreciation +€864
up €864 (+7.9%), from €10,900 to €11,764
- Staff costs -€205
no longer reported in 2025 (was €205)
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 | €138,611 | €122,754 | -€15,857 | -11.4% |
| Fixed assets | 21/28 | €31,571 | €19,807 | -€11,764 | -37.3% |
| Tangible fixed assets | 22/27 | €30,963 | €19,199 | -€11,764 | -38.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €30,963 | €19,199 | -€11,764 | -38.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €608 | €608 | = | 0.0% |
| Current assets | 29/58 | €107,040 | €102,947 | -€4,093 | -3.8% |
| Stocks and contracts in progress | 3 | €10,665 | €6,323 | -€4,342 | -40.7% |
| Stocks | 30/36 | €10,665 | €6,323 | -€4,342 | -40.7% |
| Amounts receivable within one year | 40/41 | €39,231 | €41,667 | +€2,436 | +6.2% |
| Trade receivables | 40 | €38,697 | €41,505 | +€2,808 | +7.3% |
| Other amounts receivable | 41 | €534 | €162 | -€372 | -69.6% |
| Cash at bank and in hand | 54/58 | €53,640 | €51,543 | -€2,097 | -3.9% |
| Deferred charges and accrued income | 490/1 | €3,504 | €3,414 | -€90 | -2.6% |
| Total equity and liabilities | 10/49 | €138,611 | €122,754 | -€15,857 | -11.4% |
| Equity | 10/15 | €45,571 | €46,428 | +€857 | +1.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €50,320 | €50,320 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,505 | €8,505 | = | 0.0% |
| Distributable reserves | 133 | €41,815 | €41,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,341 | -€22,484 | +€857 | +3.7% |
| Amounts payable | 17/49 | €93,040 | €76,326 | -€16,714 | -18.0% |
| Amounts payable within one year | 42/48 | €93,040 | €76,326 | -€16,714 | -18.0% |
| Trade debts | 44 | €5,879 | €6,012 | +€133 | +2.3% |
| Suppliers | 440/4 | €5,879 | €6,012 | +€133 | +2.3% |
| Taxes, remuneration and social security | 45 | €173 | €3,037 | +€2,865 | +1,660% |
| Taxes | 450/3 | €173 | €3,037 | +€2,865 | +1,660% |
| Other amounts payable | 47/48 | €86,988 | €67,277 | -€19,711 | -22.7% |
| Remuneration, social security and pensions | 62 | €205 | - | -€205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,900 | €11,764 | +€864 | +7.9% |
| Other operating charges | 640/8 | €1,914 | €2,109 | +€194 | +10.2% |
| Gross operating margin | 9900 | €20,126 | €14,816 | -€5,310 | -26.4% |
| Operating profit (loss) | 9901 | €7,106 | €943 | -€6,163 | -86.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -93.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.3% |
| Financial charges | 65/66B | €79 | €86 | +€7 | +8.7% |
| Recurring financial charges | 65 | €79 | €86 | +€7 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €7,027 | €857 | -€6,170 | -87.8% |
| Profit (loss) for the period | 9904 | €7,027 | €857 | -€6,170 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,027 | €857 | -€6,170 | -87.8% |
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 26 October 2026 via checked.be.