BRUYNOOGHE: 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.
BRUYNOOGHE
Largest movements
- Receivables within one year +€34,810
up €34,810 (+42.6%), from €81,671 to €116,481
of which Other amounts receivable: +€29,309
- Tangible fixed assets -€28,719
down €28,719 (-9.7%), from €296,407 to €267,688
- Deferred charges and accrued income +€8,097
up €8,097 (+88.0%), from €9,206 to €17,303
- Financial fixed assets -€7,337
down €7,337 (-25.3%), from €29,025 to €21,688
- Accrued charges and deferred income +€50,589
up €50,589 (+49.0%), from €103,143 to €153,731
- Trade debts -€27,680
down €27,680 (-25.9%), from €106,856 to €79,176
- Debts after one year -€21,210
down €21,210 (-14.0%), from €151,430 to €130,220
- Tax, wage and social debts +€17,102
up €17,102 (+113%), from €15,137 to €32,239
of which Taxes: +€17,102
- Other debts -€9,660
down €9,660 (-100%), from €9,660 to €0
- Other operating charges -€12,024
down €12,024 (-73.9%), from €16,269 to €4,245
- Taxes +€11,026
up €11,026 (+69.0%), from €15,980 to €27,006
- Gross operating margin +€4,491
up €4,491 (+3.6%), from €126,442 to €130,933
- Financial charges -€3,142
down €3,142 (-20.7%), from €15,162 to €12,019
- Financial income +€2,854
up €2,854 (+78.7%), from €3,627 to €6,481
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 | €573,844 | €582,800 | +€8,957 | +1.6% |
| Fixed assets | 21/28 | €325,432 | €289,377 | -€36,055 | -11.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €296,407 | €267,688 | -€28,719 | -9.7% |
| Land and buildings | 22 | €252,796 | €238,547 | -€14,250 | -5.6% |
| Plant, machinery and equipment | 23 | €2,462 | €682 | -€1,780 | -72.3% |
| Furniture and vehicles | 24 | €37,765 | €28,460 | -€9,305 | -24.6% |
| Leasing and similar rights | 25 | €3,384 | €0 | -€3,384 | -100% |
| Financial fixed assets | 28 | €29,025 | €21,688 | -€7,337 | -25.3% |
| Current assets | 29/58 | €248,411 | €293,424 | +€45,012 | +18.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €10,000 | €10,000 | = | 0.0% |
| Contracts in progress | 37 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €81,671 | €116,481 | +€34,810 | +42.6% |
| Trade receivables | 40 | €78,293 | €83,793 | +€5,500 | +7.0% |
| Other amounts receivable | 41 | €3,378 | €32,688 | +€29,309 | +868% |
| Cash at bank and in hand | 54/58 | €37,535 | €39,640 | +€2,105 | +5.6% |
| Deferred charges and accrued income | 490/1 | €9,206 | €17,303 | +€8,097 | +88.0% |
| Total equity and liabilities | 10/49 | €573,844 | €582,800 | +€8,957 | +1.6% |
| Equity | 10/15 | €101,185 | €101,223 | +€38 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,860 | €81,860 | = | 0.0% |
| Distributable reserves | 133 | €81,860 | €81,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €725 | €763 | +€38 | +5.2% |
| Amounts payable | 17/49 | €472,658 | €481,577 | +€8,919 | +1.9% |
| Amounts payable after more than one year | 17 | €151,430 | €130,220 | -€21,210 | -14.0% |
| Financial debts | 170/4 | €151,430 | €130,220 | -€21,210 | -14.0% |
| Amounts payable within one year | 42/48 | €218,085 | €197,625 | -€20,460 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €36,431 | €36,210 | -€222 | -0.6% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €106,856 | €79,176 | -€27,680 | -25.9% |
| Suppliers | 440/4 | €106,856 | €79,176 | -€27,680 | -25.9% |
| Taxes, remuneration and social security | 45 | €15,137 | €32,239 | +€17,102 | +113% |
| Taxes | 450/3 | €15,137 | €32,239 | +€17,102 | +113% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,660 | €0 | -€9,660 | -100% |
| Accrued charges and deferred income | 492/3 | €103,143 | €153,731 | +€50,589 | +49.0% |
| Remuneration, social security and pensions | 62 | €1,044 | €369 | -€675 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,258 | €34,736 | +€2,478 | +7.7% |
| Other operating charges | 640/8 | €16,269 | €4,245 | -€12,024 | -73.9% |
| Gross operating margin | 9900 | €126,442 | €130,933 | +€4,491 | +3.6% |
| Operating profit (loss) | 9901 | €76,870 | €91,582 | +€14,711 | +19.1% |
| Financial income | 75/76B | €3,627 | €6,481 | +€2,854 | +78.7% |
| Recurring financial income | 75 | €3,627 | €6,481 | +€2,854 | +78.7% |
| Financial charges | 65/66B | €15,162 | €12,019 | -€3,142 | -20.7% |
| Recurring financial charges | 65 | €15,162 | €12,019 | -€3,142 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €65,336 | €86,044 | +€20,708 | +31.7% |
| Income taxes | 67/77 | €15,980 | €27,006 | +€11,026 | +69.0% |
| Profit (loss) for the period | 9904 | €49,356 | €59,038 | +€9,682 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,356 | €59,038 | +€9,682 | +19.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.