DE BRUG PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€30,266
up €30,266 (+11317.4%), from €267 to €30,533
of which Trade receivables: +€30,250
- Cash +€14,154
up €14,154 (+619.8%), from €2,284 to €16,438
mainly Debts after one year (+€58,908) and Trade debts (+€23,359)
- Debts after one year +€58,908
up €58,908 (+48.3%), from €122,058 to €180,966
- Profit (loss) carried forward -€36,494
down €36,494, from €0 to -€36,494
- Trade debts +€23,359
up €23,359 (+15.4%), from €151,603 to €174,962
- Gross operating margin -€49,483
down €49,483, from €20,188 to -€29,295
- Financial charges +€2,585
up €2,585 (+48.4%), from €5,343 to €7,927
of which Non-recurring financial charges: +€1,783
- Taxes -€311
down €311 (-100.0%), from €311 to €0
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 | €324,826 | €369,434 | +€44,608 | +13.7% |
| Current assets | 29/58 | €324,826 | €369,434 | +€44,608 | +13.7% |
| Stocks and contracts in progress | 3 | €321,401 | €322,463 | +€1,063 | +0.3% |
| Stocks | 30/36 | €321,401 | €322,463 | +€1,063 | +0.3% |
| Amounts receivable within one year | 40/41 | €267 | €30,533 | +€30,266 | +11317.4% |
| Trade receivables | 40 | - | €30,250 | +€30,250 | |
| Other amounts receivable | 41 | €267 | €283 | +€16 | +6.0% |
| Cash at bank and in hand | 54/58 | €2,284 | €16,438 | +€14,154 | +619.8% |
| Deferred charges and accrued income | 490/1 | €875 | €0 | -€875 | -100.0% |
| Total equity and liabilities | 10/49 | €324,826 | €369,434 | +€44,608 | +13.7% |
| Equity | 10/15 | €50,854 | €13,506 | -€37,348 | -73.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €854 | €0 | -€854 | -100.0% |
| Distributable reserves | 133 | €854 | €0 | -€854 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€36,494 | -€36,494 | |
| Amounts payable | 17/49 | €273,973 | €355,929 | +€81,956 | +29.9% |
| Amounts payable after more than one year | 17 | €122,058 | €180,966 | +€58,908 | +48.3% |
| Other amounts payable | 178/9 | €122,058 | €180,966 | +€58,908 | +48.3% |
| Amounts payable within one year | 42/48 | €151,914 | €174,962 | +€23,048 | +15.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €151,603 | €174,962 | +€23,359 | +15.4% |
| Suppliers | 440/4 | €151,603 | €174,962 | +€23,359 | +15.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €311 | €0 | -€311 | -100.0% |
| Taxes | 450/3 | €311 | €0 | -€311 | -100.0% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €20,188 | -€29,295 | -€49,483 | |
| Operating profit (loss) | 9901 | €20,073 | -€29,421 | -€49,494 | |
| Financial charges | 65/66B | €5,343 | €7,927 | +€2,585 | +48.4% |
| Recurring financial charges | 65 | €5,184 | €5,986 | +€802 | +15.5% |
| Non-recurring financial charges | 66B | €158 | €1,941 | +€1,783 | +1126.0% |
| Profit (loss) for the period before taxes | 9903 | €14,730 | -€37,348 | -€52,078 | |
| Income taxes | 67/77 | €311 | €0 | -€311 | -100.0% |
| Profit (loss) for the period | 9904 | €14,419 | -€37,348 | -€51,767 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,419 | -€37,348 | -€51,767 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.