Bruyninckx OC: 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 OC
Largest movements
- Current investments +€77,658
up €77,658 (+38.9%), from €199,603 to €277,261
- Tangible fixed assets -€63,711
down €63,711 (-16.4%), from €388,854 to €325,143
of which Land and buildings: -€71,342
- Cash +€19,707
up €19,707 (+33.5%), from €58,749 to €78,456
mainly Net result for the year (+€81,048) and Depreciation (+€38,458)
- Receivables within one year -€8,494
down €8,494 (-12.1%), from €70,000 to €61,506
of which Other amounts receivable: -€8,950
- Other debts +€32,006
up €32,006 (+68.5%), from €46,694 to €78,700
- Debts after one year -€15,941
down €15,941 (-13.5%), from €117,870 to €101,929
- Tax, wage and social debts +€11,079
up €11,079 (+67.8%), from €16,340 to €27,419
of which Remuneration and social security: +€6,526
- Trade debts -€9,810
no longer reported in 2025 (was €9,810)
- Gross operating margin -€47,766
down €47,766 (-11.7%), from €408,437 to €360,671
- Staff costs -€46,416
down €46,416 (-28.6%), from €162,520 to €116,104
- Taxes -€23,227
down €23,227 (-40.5%), from €57,313 to €34,086
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 | €760,869 | €785,925 | +€25,056 | +3.3% |
| Fixed assets | 21/28 | €393,654 | €328,126 | -€65,528 | -16.6% |
| Tangible fixed assets | 22/27 | €388,854 | €325,143 | -€63,711 | -16.4% |
| Land and buildings | 22 | €254,286 | €182,944 | -€71,342 | -28.1% |
| Plant, machinery and equipment | 23 | €115,378 | €98,987 | -€16,391 | -14.2% |
| Furniture and vehicles | 24 | €19,190 | €43,212 | +€24,022 | +125% |
| Financial fixed assets | 28 | €4,800 | €2,983 | -€1,817 | -37.9% |
| Current assets | 29/58 | €367,215 | €457,799 | +€90,584 | +24.7% |
| Amounts receivable within one year | 40/41 | €70,000 | €61,506 | -€8,494 | -12.1% |
| Trade receivables | 40 | - | €456 | +€456 | |
| Other amounts receivable | 41 | €70,000 | €61,050 | -€8,950 | -12.8% |
| Current investments | 50/53 | €199,603 | €277,261 | +€77,658 | +38.9% |
| Cash at bank and in hand | 54/58 | €58,749 | €78,456 | +€19,707 | +33.5% |
| Deferred charges and accrued income | 490/1 | €38,863 | €40,576 | +€1,713 | +4.4% |
| Total equity and liabilities | 10/49 | €760,869 | €785,925 | +€25,056 | +3.3% |
| Equity | 10/15 | €537,640 | €539,988 | +€2,348 | +0.4% |
| Contributions | 10/11 | €1,860 | €1,860 | = | 0.0% |
| Reserves | 13 | €535,750 | €538,050 | +€2,300 | +0.4% |
| Distributable reserves | 133 | €535,750 | €538,050 | +€2,300 | +0.4% |
| Profit (loss) carried forward | 14 | €30 | €78 | +€48 | +160% |
| Amounts payable | 17/49 | €223,229 | €245,937 | +€22,708 | +10.2% |
| Amounts payable after more than one year | 17 | €117,870 | €101,929 | -€15,941 | -13.5% |
| Financial debts | 170/4 | €117,870 | €101,929 | -€15,941 | -13.5% |
| Amounts payable within one year | 42/48 | €105,359 | €144,008 | +€38,649 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €32,515 | €37,889 | +€5,374 | +16.5% |
| Trade debts | 44 | €9,810 | - | -€9,810 | |
| Suppliers | 440/4 | €9,810 | - | -€9,810 | |
| Taxes, remuneration and social security | 45 | €16,340 | €27,419 | +€11,079 | +67.8% |
| Taxes | 450/3 | €11,626 | €16,179 | +€4,553 | +39.2% |
| Remuneration and social security | 454/9 | €4,714 | €11,240 | +€6,526 | +138% |
| Other amounts payable | 47/48 | €46,694 | €78,700 | +€32,006 | +68.5% |
| Non-recurring operating income | 76A | €10,087 | - | -€10,087 | |
| Remuneration, social security and pensions | 62 | €162,520 | €116,104 | -€46,416 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,904 | €38,458 | -€3,446 | -8.2% |
| Other operating charges | 640/8 | €6,056 | €6,166 | +€110 | +1.8% |
| Non-recurring operating charges | 66A | - | €78,509 | +€78,509 | |
| Gross operating margin | 9900 | €408,437 | €360,671 | -€47,766 | -11.7% |
| Operating profit (loss) | 9901 | €197,957 | €121,434 | -€76,523 | -38.7% |
| Financial income | 75/76B | €2,442 | €913 | -€1,529 | -62.6% |
| Recurring financial income | 75 | €2,442 | €913 | -€1,529 | -62.6% |
| Financial charges | 65/66B | €6,706 | €7,213 | +€507 | +7.6% |
| Recurring financial charges | 65 | €6,706 | €7,213 | +€507 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €193,693 | €115,134 | -€78,559 | -40.6% |
| Income taxes | 67/77 | €57,313 | €34,086 | -€23,227 | -40.5% |
| Profit (loss) for the period | 9904 | €136,380 | €81,048 | -€55,332 | -40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €136,380 | €81,048 | -€55,332 | -40.6% |
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 24 October 2026 via checked.be.