BRUYNINCKX: what changed
Two fiscal 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 -€8,965
down €8,965 (-52.3%), from €17,137 to €8,172
- Cash -€2,152
down €2,152 (-100.0%), from €2,152 to €0
mainly Net result for the year (-€32,657) and Current portion of long-term debt (-€1,483)
- Receivables within one year +€1,072
up €1,072 (+12.6%), from €8,490 to €9,562
of which Trade receivables: +€1,210
- Profit (loss) carried forward -€32,657
down €32,657 (-22.2%), from -€146,850 to -€179,507
- Short-term financial debts +€16,496
new in 2025: €16,496
- Other debts +€9,029
up €9,029 (+9.4%), from €95,914 to €104,943
- Current portion of long-term debt -€1,483
down €1,483 (-100.0%), from €1,483 to €0
- Tax, wage and social debts -€1,279
down €1,279 (-18.8%), from €6,791 to €5,511
- Gross operating margin +€4,826
up €4,826 (+20.2%), from -€23,947 to -€19,121
- Financial charges +€2,310
up €2,310 (+191.2%), from €1,208 to €3,518
- Financial income -€1,183
down €1,183 (-98.4%), from €1,203 to €19
- Other operating charges -€1,029
down €1,029 (-62.0%), from €1,659 to €630
- Depreciation -€414
down €414 (-4.4%), from €9,378 to €8,965
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.
Cash bridge derived
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 | €28,690 | €18,675 | -€10,015 | -34.9% |
| Fixed assets | 21/28 | €17,137 | €8,172 | -€8,965 | -52.3% |
| Tangible fixed assets | 22/27 | €17,137 | €8,172 | -€8,965 | -52.3% |
| Furniture and vehicles | 24 | €17,137 | €8,172 | -€8,965 | -52.3% |
| Current assets | 29/58 | €11,553 | €10,502 | -€1,051 | -9.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €8,490 | €9,562 | +€1,072 | +12.6% |
| Trade receivables | 40 | €8,000 | €9,210 | +€1,210 | +15.1% |
| Other amounts receivable | 41 | €490 | €352 | -€138 | -28.2% |
| Cash at bank and in hand | 54/58 | €2,152 | €0 | -€2,152 | -100.0% |
| Deferred charges and accrued income | 490/1 | €911 | €941 | +€30 | +3.3% |
| Total equity and liabilities | 10/49 | €28,690 | €18,675 | -€10,015 | -34.9% |
| Equity | 10/15 | -€76,962 | -€109,619 | -€32,657 | -42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,288 | €51,288 | = | 0.0% |
| Distributable reserves | 133 | €51,288 | €51,288 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,850 | -€179,507 | -€32,657 | -22.2% |
| Amounts payable | 17/49 | €105,652 | €128,294 | +€22,642 | +21.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €105,652 | €128,294 | +€22,642 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €1,483 | €0 | -€1,483 | -100.0% |
| Financial debts | 43 | - | €16,496 | +€16,496 | |
| Credit institutions | 430/8 | - | €16,496 | +€16,496 | |
| Trade debts | 44 | €1,465 | €1,344 | -€122 | -8.3% |
| Suppliers | 440/4 | €1,465 | €1,344 | -€122 | -8.3% |
| Taxes, remuneration and social security | 45 | €6,791 | €5,511 | -€1,279 | -18.8% |
| Taxes | 450/3 | €6,791 | €5,511 | -€1,279 | -18.8% |
| Other amounts payable | 47/48 | €95,914 | €104,943 | +€9,029 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,378 | €8,965 | -€414 | -4.4% |
| Other operating charges | 640/8 | €1,659 | €630 | -€1,029 | -62.0% |
| Gross operating margin | 9900 | -€23,947 | -€19,121 | +€4,826 | +20.2% |
| Operating profit (loss) | 9901 | -€34,983 | -€28,715 | +€6,268 | +17.9% |
| Financial income | 75/76B | €1,203 | €19 | -€1,183 | -98.4% |
| Recurring financial income | 75 | €1,203 | €19 | -€1,183 | -98.4% |
| Financial charges | 65/66B | €1,208 | €3,518 | +€2,310 | +191.2% |
| Recurring financial charges | 65 | €1,208 | €3,518 | +€2,310 | +191.2% |
| Profit (loss) for the period before taxes | 9903 | -€34,989 | -€32,214 | +€2,774 | +7.9% |
| Income taxes | 67/77 | €552 | €443 | -€109 | -19.8% |
| Profit (loss) for the period | 9904 | -€35,541 | -€32,657 | +€2,884 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,541 | -€32,657 | +€2,884 | +8.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.