BRUZIMO: what changed
Two fiscal 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.
BRUZIMO
Largest movements
- Tangible fixed assets -€29,402
down €29,402 (-1.3%), from €2.3m to €2.3m
of which Land and buildings: -€97,536
- Profit (loss) carried forward +€48,957
up €48,957 (+71.5%), from €68,437 to €117,394
- Debts after one year -€45,000
down €45,000 (-5.1%), from €882,738 to €837,738
- Reserves -€38,378
down €38,378 (-4.6%), from €841,943 to €803,565
of which Tax-exempt reserves: -€38,378
- Turnover +€222,278
new in 2025: €222,278
- Purchases and services +€44,793
new in 2025: €44,793
- Taxes +€33,760
new in 2025: €33,760
- Gross operating margin -€26,286
down €26,286 (-12.6%), from €208,553 to €182,268
- Depreciation -€8,476
down €8,476 (-6.8%), from €125,254 to €116,778
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.
Cash bridge derived
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 | €2,452,489 | €2,418,604 | -€33,885 | -1.4% |
| Fixed assets | 21/28 | €2,332,163 | €2,302,761 | -€29,402 | -1.3% |
| Tangible fixed assets | 22/27 | €2,332,163 | €2,302,761 | -€29,402 | -1.3% |
| Land and buildings | 22 | €2,288,763 | €2,191,227 | -€97,536 | -4.3% |
| Other tangible fixed assets | 26 | €43,400 | €111,533 | +€68,133 | +157.0% |
| Current assets | 29/58 | €120,326 | €115,843 | -€4,483 | -3.7% |
| Amounts receivable within one year | 40/41 | €94,098 | €93,500 | -€598 | -0.6% |
| Trade receivables | 40 | €4,000 | - | -€4,000 | |
| Other amounts receivable | 41 | €90,098 | €93,500 | +€3,402 | +3.8% |
| Cash at bank and in hand | 54/58 | €26,227 | €22,343 | -€3,884 | -14.8% |
| Total equity and liabilities | 10/49 | €2,452,489 | €2,418,604 | -€33,885 | -1.4% |
| Equity | 10/15 | €939,826 | €950,404 | +€10,578 | +1.1% |
| Contributions | 10/11 | €29,446 | €29,446 | = | 0.0% |
| Outside capital | 11 | €29,446 | €29,446 | = | 0.0% |
| Other | 1109/19 | €29,446 | €29,446 | = | 0.0% |
| Reserves | 13 | €841,943 | €803,565 | -€38,378 | -4.6% |
| Non-distributable reserves | 130/1 | €2,945 | €2,945 | = | 0.0% |
| Legal reserve | 130 | €2,945 | €2,945 | = | 0.0% |
| Tax-exempt reserves | 132 | €838,998 | €800,620 | -€38,378 | -4.6% |
| Profit (loss) carried forward | 14 | €68,437 | €117,394 | +€48,957 | +71.5% |
| Provisions and deferred taxes | 16 | €432,185 | €412,423 | -€19,762 | -4.6% |
| Deferred taxes | 168 | €432,185 | €412,423 | -€19,762 | -4.6% |
| Amounts payable | 17/49 | €1,080,478 | €1,055,776 | -€24,702 | -2.3% |
| Amounts payable after more than one year | 17 | €882,738 | €837,738 | -€45,000 | -5.1% |
| Financial debts | 170/4 | €882,738 | €837,738 | -€45,000 | -5.1% |
| Amounts payable within one year | 42/48 | €197,740 | €218,038 | +€20,298 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €181,351 | €196,329 | +€14,978 | +8.3% |
| Trade debts | 44 | €1,681 | €532 | -€1,149 | -68.4% |
| Suppliers | 440/4 | €1,681 | €532 | -€1,149 | -68.4% |
| Taxes, remuneration and social security | 45 | €7,147 | €10,700 | +€3,553 | +49.7% |
| Taxes | 450/3 | €7,147 | €10,700 | +€3,553 | +49.7% |
| Other amounts payable | 47/48 | €7,560 | €10,477 | +€2,917 | +38.6% |
| Turnover | 70 | - | €222,278 | +€222,278 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €44,793 | +€44,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,254 | €116,778 | -€8,476 | -6.8% |
| Other operating charges | 640/8 | €18,448 | €17,451 | -€997 | -5.4% |
| Non-recurring operating charges | 66A | €210,111 | - | -€210,111 | |
| Gross operating margin | 9900 | €208,553 | €182,268 | -€26,286 | -12.6% |
| Operating profit (loss) | 9901 | -€145,259 | €48,039 | +€193,298 | |
| Financial income | 75/76B | - | €169 | +€169 | |
| Recurring financial income | 75 | - | €169 | +€169 | |
| Financial charges | 65/66B | €22,932 | €23,631 | +€699 | +3.0% |
| Recurring financial charges | 65 | €22,932 | €23,631 | +€699 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€168,192 | €24,577 | +€192,768 | |
| Transfer from deferred taxes | 780 | €19,762 | €19,762 | = | 0.0% |
| Income taxes | 67/77 | - | €33,760 | +€33,760 | |
| Profit (loss) for the period | 9904 | -€148,430 | €10,578 | +€159,008 | |
| Transfer from tax-exempt reserves | 789 | €38,378 | €38,378 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€110,052 | €48,957 | +€159,008 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.