DE BRUG: 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.
DE BRUG
Largest movements
- Cash +€12,306
up €12,306 (+1,880%), from €654 to €12,960
mainly Net result for the year (+€23,830) and Depreciation (+€5,477)
- Tangible fixed assets +€9,818
up €9,818 (+14.9%), from €65,894 to €75,713
of which Land and buildings: +€14,801
- Receivables within one year +€2,369
up €2,369 (+2.7%), from €87,747 to €90,116
- Profit (loss) carried forward +€23,830
up €23,830 (+25.2%), from -€94,684 to -€70,854
- Debts after one year -€5,244
no longer reported in 2025 (was €5,244)
- Tax, wage and social debts +€4,384
up €4,384 (+93.6%), from €4,684 to €9,068
- Other debts +€2,208
up €2,208 (+19.0%), from €11,633 to €13,841
- Gross operating margin +€23,368
up €23,368 (+120%), from €19,417 to €42,784
- Taxes +€4,017
up €4,017 (+80.9%), from €4,967 to €8,985
- Financial charges -€1,157
down €1,157 (-42.5%), from €2,721 to €1,564
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 | €155,731 | €179,000 | +€23,268 | +14.9% |
| Fixed assets | 21/28 | €65,894 | €75,713 | +€9,818 | +14.9% |
| Tangible fixed assets | 22/27 | €65,894 | €75,713 | +€9,818 | +14.9% |
| Land and buildings | 22 | €44,621 | €59,422 | +€14,801 | +33.2% |
| Plant, machinery and equipment | 23 | €21,274 | €16,291 | -€4,983 | -23.4% |
| Current assets | 29/58 | €89,837 | €103,287 | +€13,450 | +15.0% |
| Amounts receivable within one year | 40/41 | €87,747 | €90,116 | +€2,369 | +2.7% |
| Other amounts receivable | 41 | €87,747 | €90,116 | +€2,369 | +2.7% |
| Current investments | 50/53 | €210 | €211 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | €654 | €12,960 | +€12,306 | +1,880% |
| Deferred charges and accrued income | 490/1 | €1,225 | - | -€1,225 | |
| Total equity and liabilities | 10/49 | €155,731 | €179,000 | +€23,268 | +14.9% |
| Equity | 10/15 | €127,016 | €150,846 | +€23,830 | +18.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €159,727 | €159,727 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €153,529 | €153,529 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,684 | -€70,854 | +€23,830 | +25.2% |
| Amounts payable | 17/49 | €28,716 | €28,153 | -€562 | -2.0% |
| Amounts payable after more than one year | 17 | €5,244 | - | -€5,244 | |
| Financial debts | 170/4 | €5,244 | - | -€5,244 | |
| Amounts payable within one year | 42/48 | €23,471 | €28,153 | +€4,682 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €6,839 | €5,244 | -€1,595 | -23.3% |
| Trade debts | 44 | €315 | - | -€315 | |
| Suppliers | 440/4 | €315 | - | -€315 | |
| Taxes, remuneration and social security | 45 | €4,684 | €9,068 | +€4,384 | +93.6% |
| Taxes | 450/3 | €4,684 | €9,068 | +€4,384 | +93.6% |
| Other amounts payable | 47/48 | €11,633 | €13,841 | +€2,208 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,147 | €5,477 | +€330 | +6.4% |
| Other operating charges | 640/8 | €3,101 | €2,928 | -€173 | -5.6% |
| Gross operating margin | 9900 | €19,417 | €42,784 | +€23,368 | +120% |
| Operating profit (loss) | 9901 | €11,169 | €34,379 | +€23,210 | +208% |
| Financial income | 75/76B | €3 | €0 | -€3 | -87.8% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -87.8% |
| Financial charges | 65/66B | €2,721 | €1,564 | -€1,157 | -42.5% |
| Recurring financial charges | 65 | €2,721 | €1,564 | -€1,157 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | €8,450 | €32,815 | +€24,365 | +288% |
| Income taxes | 67/77 | €4,967 | €8,985 | +€4,017 | +80.9% |
| Profit (loss) for the period | 9904 | €3,483 | €23,830 | +€20,347 | +584% |
| Profit (loss) for the period to be appropriated | 9905 | €3,483 | €23,830 | +€20,347 | +584% |
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 20 October 2026 via checked.be.