Bruynseels Constant: 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.
Bruynseels Constant
Largest movements
- Receivables within one year -€49,502
down €49,502 (-77.1%), from €64,237 to €14,735
of which Trade receivables: -€45,099
- Tangible fixed assets -€10,226
down €10,226 (-26.1%), from €39,194 to €28,968
of which Furniture and vehicles: -€9,172
- Stocks and contracts -€8,695
down €8,695 (-20.7%), from €41,962 to €33,267
of which Contracts in progress: -€6,692
- Other debts -€66,488
down €66,488 (-84.2%), from €78,951 to €12,463
- Trade debts +€18,500
up €18,500 (+298%), from €6,212 to €24,713
- Debts after one year -€11,897
no longer reported in 2025 (was €11,897)
- Profit (loss) carried forward -€8,190
down €8,190, from €1,494 to -€6,696
- Gross operating margin -€10,486
down €10,486, from €4,764 to -€5,722
- Financial charges -€2,354
down €2,354 (-78.7%), from €2,990 to €636
- Financial income -€683
down €683 (-6.6%), from €10,409 to €9,726
- Depreciation +€450
up €450 (+4.6%), from €9,776 to €10,226
- Other operating charges +€419
up €419 (+45.9%), from €913 to €1,332
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 | €481,079 | €412,506 | -€68,573 | -14.3% |
| Fixed assets | 21/28 | €39,194 | €28,968 | -€10,226 | -26.1% |
| Tangible fixed assets | 22/27 | €39,194 | €28,968 | -€10,226 | -26.1% |
| Plant, machinery and equipment | 23 | €2,558 | €1,504 | -€1,054 | -41.2% |
| Furniture and vehicles | 24 | €36,636 | €27,464 | -€9,172 | -25.0% |
| Current assets | 29/58 | €441,885 | €383,538 | -€58,347 | -13.2% |
| Amounts receivable after more than one year | 29 | €315,000 | €315,000 | = | 0.0% |
| Trade receivables | 290 | €315,000 | €315,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €41,962 | €33,267 | -€8,695 | -20.7% |
| Stocks | 30/36 | €2,003 | - | -€2,003 | |
| Contracts in progress | 37 | €39,959 | €33,267 | -€6,692 | -16.7% |
| Amounts receivable within one year | 40/41 | €64,237 | €14,735 | -€49,502 | -77.1% |
| Trade receivables | 40 | €49,334 | €4,235 | -€45,099 | -91.4% |
| Other amounts receivable | 41 | €14,903 | €10,500 | -€4,403 | -29.5% |
| Cash at bank and in hand | 54/58 | €2,277 | €2,154 | -€123 | -5.4% |
| Deferred charges and accrued income | 490/1 | €18,409 | €18,382 | -€27 | -0.1% |
| Total equity and liabilities | 10/49 | €481,079 | €412,506 | -€68,573 | -14.3% |
| Equity | 10/15 | €370,418 | €362,228 | -€8,190 | -2.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €344,135 | €344,135 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €341,656 | €341,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,494 | -€6,696 | -€8,190 | |
| Amounts payable | 17/49 | €110,661 | €50,278 | -€60,383 | -54.6% |
| Amounts payable after more than one year | 17 | €11,897 | - | -€11,897 | |
| Financial debts | 170/4 | €11,897 | - | -€11,897 | |
| Amounts payable within one year | 42/48 | €96,645 | €50,278 | -€46,367 | -48.0% |
| Current portion of amounts payable after more than one year | 42 | €10,854 | €11,897 | +€1,043 | +9.6% |
| Trade debts | 44 | €6,212 | €24,713 | +€18,500 | +298% |
| Suppliers | 440/4 | €6,212 | €24,713 | +€18,500 | +298% |
| Taxes, remuneration and social security | 45 | €628 | €1,206 | +€578 | +92.1% |
| Taxes | 450/3 | €481 | €1,206 | +€724 | +151% |
| Remuneration and social security | 454/9 | €147 | - | -€147 | |
| Other amounts payable | 47/48 | €78,951 | €12,463 | -€66,488 | -84.2% |
| Accrued charges and deferred income | 492/3 | €2,119 | - | -€2,119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,776 | €10,226 | +€450 | +4.6% |
| Other operating charges | 640/8 | €913 | €1,332 | +€419 | +45.9% |
| Gross operating margin | 9900 | €4,764 | -€5,722 | -€10,486 | |
| Operating profit (loss) | 9901 | -€5,925 | -€17,280 | -€11,355 | -192% |
| Financial income | 75/76B | €10,409 | €9,726 | -€683 | -6.6% |
| Recurring financial income | 75 | €10,409 | €9,726 | -€683 | -6.6% |
| Financial charges | 65/66B | €2,990 | €636 | -€2,354 | -78.7% |
| Recurring financial charges | 65 | €2,990 | €636 | -€2,354 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €1,494 | -€8,190 | -€9,684 | |
| Profit (loss) for the period | 9904 | €1,494 | -€8,190 | -€9,684 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,494 | -€8,190 | -€9,684 |
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 21 October 2026 via checked.be.