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BRUYNINX CONSULTING: 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.

What changed

BRUYNINX CONSULTING

BE 0843.008.687
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€94,506
2024 · €73,893+€20,613
Equity
€55,975
2024 · €537,908-€481,933
Cash
€19,258
2024 · €48,772-€29,514
Balance sheet total
€112,154
2024 · €3.3m-€3.2m

Largest movements

2024 to 2025
Assets
  • Receivables after one year -€2.8m

    no longer reported in 2025 (was €2.8m)

  • Stocks and contracts -€371,898

    no longer reported in 2025 (was €371,898)

  • Tangible fixed assets -€43,589

    down €43,589 (-42.6%), from €102,215 to €58,626

Equity and liabilities
  • Other debts -€2.8m

    no longer reported in 2025 (was €2.8m)

  • Reserves -€466,085

    down €466,085 (-97.7%), from €477,060 to €10,975

Income statement
  • Gross operating margin +€63,132

    up €63,132 (+75.2%), from €83,981 to €147,113

  • Financial income -€40,767

    no longer reported in 2025 (was €40,767)

    of which Financial income: -€40,013

  • Taxes +€9,226

    up €9,226 (+37.5%), from €24,631 to €33,856

  • Depreciation -€8,833

    down €8,833 (-98.3%), from €8,990 to €156

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €73,893
Gross operating margin +€63,132
Depreciation +€8,833
Other operating charges -€1,073
Financial income -€40,767
Financial charges -€286
Taxes -€9,226
Result 2025 €94,506
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€503,219
Investment +€43,433
Financing -€576,166
Cash 2024 €48,772
Net result for the year +€94,506
Depreciation +€156
Receivables after one year +€2.8m
Stocks and contracts +€371,898
Receivables within one year -€14,017
Deferred charges and accrued income -€27
Trade debts +€17,895
Tax, wage and social debts +€32,808
Other debts -€2.8m
Investment in fixed assets (net) +€43,433
Short-term financial debts +€273
Contributions, distributions and other -€576,439
Cash 2025 €19,258
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €3,328,221 €112,154 -€3.2m -96.6%
Fixed assets 21/28 €102,215 €58,626 -€43,589 -42.6%
Tangible fixed assets 22/27 €102,215 €58,626 -€43,589 -42.6%
Land and buildings 22 €102,215 €58,626 -€43,589 -42.6%
Current assets 29/58 €3,226,006 €53,528 -€3.2m -98.3%
Amounts receivable after more than one year 29 €2,785,110 - -€2.8m
Other amounts receivable 291 €2,785,110 - -€2.8m
Stocks and contracts in progress 3 €371,898 - -€371,898
Stocks 30/36 €371,898 - -€371,898
Amounts receivable within one year 40/41 €16,647 €30,665 +€14,017 +84.2%
Trade receivables 40 €53 €15,011 +€14,959 +28,492%
Other amounts receivable 41 €16,595 €15,654 -€941 -5.7%
Cash at bank and in hand 54/58 €48,772 €19,258 -€29,514 -60.5%
Deferred charges and accrued income 490/1 €3,579 €3,605 +€27 +0.7%
Total equity and liabilities 10/49 €3,328,221 €112,154 -€3.2m -96.6%
Equity 10/15 €537,908 €55,975 -€481,933 -89.6%
Contributions 10/11 €60,848 €45,000 -€15,848 -26.0%
Reserves 13 €477,060 €10,975 -€466,085 -97.7%
Distributable reserves 133 €477,060 €10,975 -€466,085 -97.7%
Amounts payable 17/49 €2,790,314 €56,179 -€2.7m -98.0%
Amounts payable within one year 42/48 €2,790,314 €56,179 -€2.7m -98.0%
Financial debts 43 - €273 +€273
Credit institutions 430/8 - €273 +€273
Trade debts 44 €4,155 €22,050 +€17,895 +431%
Suppliers 440/4 €4,155 €22,050 +€17,895 +431%
Taxes, remuneration and social security 45 €1,048 €33,856 +€32,808 +3,129%
Taxes 450/3 €1,048 €33,856 +€32,808 +3,129%
Other amounts payable 47/48 €2,785,110 - -€2.8m
Non-recurring operating income 76A - €87,803 +€87,803
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,990 €156 -€8,833 -98.3%
Other operating charges 640/8 €17,089 €18,163 +€1,073 +6.3%
Gross operating margin 9900 €83,981 €147,113 +€63,132 +75.2%
Operating profit (loss) 9901 €57,902 €128,795 +€70,892 +122%
Financial income 75/76B €40,767 - -€40,767
Recurring financial income 75 €40,013 - -€40,013
Non-recurring financial income 76B €754 - -€754
Financial charges 65/66B €146 €432 +€286 +196%
Recurring financial charges 65 €146 €432 +€286 +196%
Profit (loss) for the period before taxes 9903 €98,523 €128,362 +€29,839 +30.3%
Income taxes 67/77 €24,631 €33,856 +€9,226 +37.5%
Profit (loss) for the period 9904 €73,893 €94,506 +€20,613 +27.9%
Profit (loss) for the period to be appropriated 9905 €73,893 €94,506 +€20,613 +27.9%

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 15 October 2026 via checked.be.