Bruynseels Brad: what changed
Bruynseels Brad
Largest movements
- Cash +€49,605
up €49,605 (+823%), from €6,028 to €55,634
mainly Net result for the year (+€54,461) and Tax, wage and social debts (+€8,410)
- Receivables within one year +€14,074
up €14,074 (+99.7%), from €14,109 to €28,184
of which Other amounts receivable: +€10,183
- Deferred charges and accrued income -€3,844
down €3,844 (-27.1%), from €14,180 to €10,335
- Tangible fixed assets +€1,717
up €1,717 (+98.3%), from €1,747 to €3,464
of which Plant, machinery and equipment: +€2,170
- Reserves +€54,461
up €54,461 (+255%), from €21,373 to €75,835
- Tax, wage and social debts +€8,410
up €8,410 (+72.0%), from €11,682 to €20,093
- Trade debts -€1,250
down €1,250 (-86.9%), from €1,438 to €189
- Gross operating margin +€64,160
up €64,160 (+889%), from €7,213 to €71,374
- Taxes +€13,087
up €13,087 (+565%), from €2,317 to €15,405
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,064 | €97,616 | +€61,552 | +171% |
| Fixed assets | 21/28 | €1,747 | €3,464 | +€1,717 | +98.3% |
| Tangible fixed assets | 22/27 | €1,747 | €3,464 | +€1,717 | +98.3% |
| Plant, machinery and equipment | 23 | - | €2,170 | +€2,170 | |
| Furniture and vehicles | 24 | €1,747 | €1,294 | -€453 | -25.9% |
| Current assets | 29/58 | €34,317 | €94,153 | +€59,835 | +174% |
| Amounts receivable within one year | 40/41 | €14,109 | €28,184 | +€14,074 | +99.7% |
| Trade receivables | 40 | €7,205 | €11,096 | +€3,891 | +54.0% |
| Other amounts receivable | 41 | €6,904 | €17,088 | +€10,183 | +147% |
| Cash at bank and in hand | 54/58 | €6,028 | €55,634 | +€49,605 | +823% |
| Deferred charges and accrued income | 490/1 | €14,180 | €10,335 | -€3,844 | -27.1% |
| Total equity and liabilities | 10/49 | €36,064 | €97,616 | +€61,552 | +171% |
| Equity | 10/15 | €22,873 | €77,335 | +€54,461 | +238% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €21,373 | €75,835 | +€54,461 | +255% |
| Distributable reserves | 133 | €21,373 | €75,835 | +€54,461 | +255% |
| Amounts payable | 17/49 | €13,191 | €20,282 | +€7,091 | +53.8% |
| Amounts payable within one year | 42/48 | €13,121 | €20,282 | +€7,161 | +54.6% |
| Trade debts | 44 | €1,438 | €189 | -€1,250 | -86.9% |
| Suppliers | 440/4 | €1,438 | €189 | -€1,250 | -86.9% |
| Taxes, remuneration and social security | 45 | €11,682 | €20,093 | +€8,410 | +72.0% |
| Taxes | 450/3 | €11,682 | €20,093 | +€8,410 | +72.0% |
| Accrued charges and deferred income | 492/3 | €70 | €0 | -€70 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €453 | €720 | +€267 | +59.1% |
| Other operating charges | 640/8 | €570 | €1,013 | +€443 | +77.6% |
| Non-recurring operating charges | 66A | - | €372 | +€372 | |
| Gross operating margin | 9900 | €7,213 | €71,374 | +€64,160 | +889% |
| Operating profit (loss) | 9901 | €6,190 | €69,269 | +€63,078 | +1,019% |
| Financial income | 75/76B | €532 | €774 | +€243 | +45.7% |
| Recurring financial income | 75 | €532 | €774 | +€243 | +45.7% |
| Financial charges | 65/66B | €317 | €177 | -€140 | -44.1% |
| Recurring financial charges | 65 | €317 | €177 | -€140 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | €6,405 | €69,866 | +€63,461 | +991% |
| Income taxes | 67/77 | €2,317 | €15,405 | +€13,087 | +565% |
| Profit (loss) for the period | 9904 | €4,088 | €54,461 | +€50,374 | +1,232% |
| Profit (loss) for the period to be appropriated | 9905 | €4,088 | €54,461 | +€50,374 | +1,232% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.