DE BRUG: 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.
DE BRUG
Largest movements
- Tangible fixed assets -€34,164
down €34,164 (-4.6%), from €742,205 to €708,041
of which Land and buildings: -€18,534
- Cash -€11,502
down €11,502 (-93.3%), from €12,331 to €829
mainly Debts after one year (-€47,379) and Net result for the year (-€10,079)
- Debts after one year -€47,379
down €47,379 (-7.6%), from €624,320 to €576,942
- Other debts +€13,341
up €13,341 (+3.2%), from €413,158 to €426,500
- Profit (loss) carried forward -€10,079
down €10,079 (-2.9%), from -€348,615 to -€358,694
- Other operating charges -€1,287
down €1,287 (-10.2%), from €12,639 to €11,351
- Staff costs -€1,053
down €1,053 (-96.7%), from €1,089 to €35
- Gross operating margin +€910
up €910 (+2.1%), from €42,705 to €43,614
- Financial charges -€812
down €812 (-9.1%), from €8,955 to €8,142
- Depreciation -€690
down €690 (-2.0%), from €34,855 to €34,164
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 | €758,541 | €716,660 | -€41,881 | -5.5% |
| Fixed assets | 21/28 | €742,205 | €708,041 | -€34,164 | -4.6% |
| Tangible fixed assets | 22/27 | €742,205 | €708,041 | -€34,164 | -4.6% |
| Land and buildings | 22 | €683,783 | €665,249 | -€18,534 | -2.7% |
| Plant, machinery and equipment | 23 | €58,422 | €42,791 | -€15,630 | -26.8% |
| Current assets | 29/58 | €16,336 | €8,619 | -€7,717 | -47.2% |
| Amounts receivable within one year | 40/41 | €4 | - | -€4 | |
| Other amounts receivable | 41 | €4 | - | -€4 | |
| Cash at bank and in hand | 54/58 | €12,331 | €829 | -€11,502 | -93.3% |
| Deferred charges and accrued income | 490/1 | €4,000 | €7,790 | +€3,790 | +94.7% |
| Total equity and liabilities | 10/49 | €758,541 | €716,660 | -€41,881 | -5.5% |
| Equity | 10/15 | -€330,015 | -€340,094 | -€10,079 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€348,615 | -€358,694 | -€10,079 | -2.9% |
| Amounts payable | 17/49 | €1,088,556 | €1,056,754 | -€31,802 | -2.9% |
| Amounts payable after more than one year | 17 | €624,320 | €576,942 | -€47,379 | -7.6% |
| Financial debts | 170/4 | €624,320 | €576,942 | -€47,379 | -7.6% |
| Amounts payable within one year | 42/48 | €464,235 | €479,812 | +€15,577 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €46,572 | €47,379 | +€807 | +1.7% |
| Trade debts | 44 | €3,022 | €5,900 | +€2,877 | +95.2% |
| Suppliers | 440/4 | €3,022 | €5,900 | +€2,877 | +95.2% |
| Taxes, remuneration and social security | 45 | €1,483 | €34 | -€1,449 | -97.7% |
| Taxes | 450/3 | €1,483 | €34 | -€1,449 | -97.7% |
| Other amounts payable | 47/48 | €413,158 | €426,500 | +€13,341 | +3.2% |
| Remuneration, social security and pensions | 62 | €1,089 | €35 | -€1,053 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,855 | €34,164 | -€690 | -2.0% |
| Other operating charges | 640/8 | €12,639 | €11,351 | -€1,287 | -10.2% |
| Gross operating margin | 9900 | €42,705 | €43,614 | +€910 | +2.1% |
| Operating profit (loss) | 9901 | -€5,877 | -€1,937 | +€3,941 | +67.0% |
| Financial income | 75/76B | €118 | - | -€118 | |
| Recurring financial income | 75 | €118 | - | -€118 | |
| Financial charges | 65/66B | €8,955 | €8,142 | -€812 | -9.1% |
| Recurring financial charges | 65 | €8,955 | €8,142 | -€812 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,714 | -€10,079 | +€4,635 | +31.5% |
| Profit (loss) for the period | 9904 | -€14,714 | -€10,079 | +€4,635 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,714 | -€10,079 | +€4,635 | +31.5% |
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 7 October 2026 via checked.be.