Bruynooghe Michael: 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 Michael
Largest movements
- Receivables within one year -€7,256
down €7,256 (-29.4%), from €24,644 to €17,387
- Cash +€5,396
up €5,396, from €0 to €5,396
mainly Receivables within one year (+€7,256) and Trade debts (+€920)
- Tangible fixed assets -€390
down €390 (-97.9%), from €399 to €9
of which Furniture and vehicles: -€390
- Deferred charges and accrued income -€386
down €386 (-27.2%), from €1,416 to €1,030
- Reserves -€2,860
down €2,860 (-100%), from €2,860 to €0
- Trade debts +€920
up €920 (+22.4%), from €4,104 to €5,025
- Profit (loss) carried forward -€708
down €708 (-96.6%), from €732 to €25
- Financial income -€291
down €291 (-23.4%), from €1,244 to €953
- Depreciation -€71
down €71 (-15.5%), from €461 to €390
- Financial charges -€65
down €65 (-99.8%), from €65 to €0
- Gross operating margin -€48
down €48 (-1.7%), from -€2,777 to -€2,825
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 | €26,459 | €23,822 | -€2,637 | -10.0% |
| Fixed assets | 21/28 | €399 | €9 | -€390 | -97.9% |
| Tangible fixed assets | 22/27 | €399 | €9 | -€390 | -97.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €399 | €9 | -€390 | -97.9% |
| Current assets | 29/58 | €26,060 | €23,813 | -€2,247 | -8.6% |
| Amounts receivable within one year | 40/41 | €24,644 | €17,387 | -€7,256 | -29.4% |
| Other amounts receivable | 41 | €24,644 | €17,387 | -€7,256 | -29.4% |
| Cash at bank and in hand | 54/58 | €0 | €5,396 | +€5,396 | |
| Deferred charges and accrued income | 490/1 | €1,416 | €1,030 | -€386 | -27.2% |
| Total equity and liabilities | 10/49 | €26,459 | €23,822 | -€2,637 | -10.0% |
| Equity | 10/15 | €22,192 | €18,625 | -€3,568 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,860 | €0 | -€2,860 | -100% |
| Distributable reserves | 133 | €2,860 | €0 | -€2,860 | -100% |
| Profit (loss) carried forward | 14 | €732 | €25 | -€708 | -96.6% |
| Amounts payable | 17/49 | €4,266 | €5,197 | +€931 | +21.8% |
| Amounts payable within one year | 42/48 | €4,266 | €5,197 | +€931 | +21.8% |
| Trade debts | 44 | €4,104 | €5,025 | +€920 | +22.4% |
| Suppliers | 440/4 | €4,104 | €5,025 | +€920 | +22.4% |
| Taxes, remuneration and social security | 45 | €162 | €173 | +€10 | +6.5% |
| Taxes | 450/3 | €162 | €173 | +€10 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | €390 | -€71 | -15.5% |
| Other operating charges | 640/8 | €1,149 | €1,132 | -€17 | -1.5% |
| Gross operating margin | 9900 | -€2,777 | -€2,825 | -€48 | -1.7% |
| Operating profit (loss) | 9901 | -€4,388 | -€4,348 | +€40 | +0.9% |
| Financial income | 75/76B | €1,244 | €953 | -€291 | -23.4% |
| Recurring financial income | 75 | €1,244 | €953 | -€291 | -23.4% |
| Financial charges | 65/66B | €65 | €0 | -€65 | -99.8% |
| Recurring financial charges | 65 | €65 | €0 | -€65 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,208 | -€3,395 | -€186 | -5.8% |
| Income taxes | 67/77 | €162 | €173 | +€10 | +6.5% |
| Profit (loss) for the period | 9904 | -€3,371 | -€3,568 | -€197 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,371 | -€3,568 | -€197 | -5.8% |
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 19 October 2026 via checked.be.