BRUYNOGHE: 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.
BRUYNOGHE
Largest movements
- Tangible fixed assets +€89,119
up €89,119 (+23.4%), from €380,833 to €469,953
of which Land and buildings: +€171,059
- Cash -€86,666
down €86,666 (-61.1%), from €141,902 to €55,236
mainly Investment in fixed assets (net) (-€131,976) and Receivables within one year (-€55,240)
- Receivables within one year +€55,240
up €55,240 (+378%), from €14,605 to €69,845
of which Other amounts receivable: +€61,350
- Debts after one year +€36,824
new in 2024: €36,824
- Profit (loss) carried forward +€14,251
up €14,251 (+8.2%), from -€173,106 to -€158,854
- Current portion of long-term debt +€9,377
new in 2024: €9,377
- Depreciation -€38,385
down €38,385 (-47.2%), from €81,242 to €42,857
- Gross operating margin -€14,195
down €14,195 (-17.4%), from €81,596 to €67,400
- Financial income +€1,954
up €1,954 (+26,580%), from €7 to €1,961
of which Non-recurring financial income: +€1,961
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €543,589 | €598,034 | +€54,445 | +10.0% |
| Fixed assets | 21/28 | €383,833 | €472,953 | +€89,119 | +23.2% |
| Tangible fixed assets | 22/27 | €380,833 | €469,953 | +€89,119 | +23.4% |
| Land and buildings | 22 | €241,082 | €412,140 | +€171,059 | +71.0% |
| Plant, machinery and equipment | 23 | €72,007 | €6,354 | -€65,653 | -91.2% |
| Furniture and vehicles | 24 | €67,745 | €51,459 | -€16,286 | -24.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €159,755 | €125,081 | -€34,674 | -21.7% |
| Amounts receivable within one year | 40/41 | €14,605 | €69,845 | +€55,240 | +378% |
| Trade receivables | 40 | €7,495 | €1,385 | -€6,110 | -81.5% |
| Other amounts receivable | 41 | €7,110 | €68,460 | +€61,350 | +863% |
| Cash at bank and in hand | 54/58 | €141,902 | €55,236 | -€86,666 | -61.1% |
| Deferred charges and accrued income | 490/1 | €3,248 | - | -€3,248 | |
| Total equity and liabilities | 10/49 | €543,589 | €598,034 | +€54,445 | +10.0% |
| Equity | 10/15 | €411,894 | €426,146 | +€14,251 | +3.5% |
| Contributions | 10/11 | €585,000 | €585,000 | = | 0.0% |
| Capital | 10 | - | €585,000 | +€585,000 | |
| Issued capital | 100 | - | €585,000 | +€585,000 | |
| Profit (loss) carried forward | 14 | -€173,106 | -€158,854 | +€14,251 | +8.2% |
| Amounts payable | 17/49 | €131,694 | €171,888 | +€40,194 | +30.5% |
| Amounts payable after more than one year | 17 | - | €36,824 | +€36,824 | |
| Financial debts | 170/4 | - | €36,824 | +€36,824 | |
| Amounts payable within one year | 42/48 | €131,694 | €135,064 | +€3,370 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,377 | +€9,377 | |
| Trade debts | 44 | €76 | €139 | +€63 | +82.3% |
| Suppliers | 440/4 | €76 | €139 | +€63 | +82.3% |
| Taxes, remuneration and social security | 45 | €1,307 | €75 | -€1,231 | -94.2% |
| Taxes | 450/3 | €1,307 | €75 | -€1,231 | -94.2% |
| Other amounts payable | 47/48 | €130,312 | €125,472 | -€4,839 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,242 | €42,857 | -€38,385 | -47.2% |
| Other operating charges | 640/8 | €11,800 | €10,984 | -€816 | -6.9% |
| Gross operating margin | 9900 | €81,596 | €67,400 | -€14,195 | -17.4% |
| Operating profit (loss) | 9901 | -€11,446 | €13,559 | +€25,006 | |
| Financial income | 75/76B | €7 | €1,961 | +€1,954 | +26,580% |
| Recurring financial income | 75 | €7 | €1,961 | +€1,954 | +26,580% |
| Non-recurring financial income | 76B | - | €1,961 | +€1,961 | |
| Financial charges | 65/66B | €1,901 | €1,164 | -€737 | -38.8% |
| Recurring financial charges | 65 | €1,901 | €1,164 | -€737 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,340 | €14,356 | +€27,696 | |
| Income taxes | 67/77 | €286 | €105 | -€181 | -63.4% |
| Profit (loss) for the period | 9904 | -€13,626 | €14,251 | +€27,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,626 | €14,251 | +€27,877 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.