De Bruulbak: 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 Bruulbak
Largest movements
- Tangible fixed assets -€147,670
down €147,670 (-18.2%), from €810,678 to €663,009
- Cash -€93,423
down €93,423 (-35.0%), from €267,268 to €173,845
mainly Debts after one year (-€132,000) and Current portion of long-term debt (-€132,000)
- Deferred charges and accrued income +€13,168
up €13,168 (+251%), from €5,248 to €18,415
- Debts after one year -€132,000
down €132,000 (-18.1%), from €728,000 to €596,000
- Current portion of long-term debt -€132,000
no longer reported in 2025 (was €132,000)
- Other debts +€132,000
new in 2025: €132,000
- Profit (loss) carried forward -€89,218
new in 2025: -€89,218
- Gross operating margin -€613,449
down €613,449 (-59.6%), from €1.0m to €415,939
- Staff costs -€424,798
down €424,798 (-54.4%), from €780,701 to €355,903
- Depreciation -€77,045
down €77,045 (-33.3%), from €231,415 to €154,370
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 | €1,126,789 | €894,477 | -€232,312 | -20.6% |
| Fixed assets | 21/28 | €834,128 | €679,759 | -€154,370 | -18.5% |
| Intangible fixed assets | 21 | €23,450 | €16,750 | -€6,700 | -28.6% |
| Tangible fixed assets | 22/27 | €810,678 | €663,009 | -€147,670 | -18.2% |
| Other tangible fixed assets | 26 | €810,678 | €663,009 | -€147,670 | -18.2% |
| Current assets | 29/58 | €292,661 | €214,719 | -€77,942 | -26.6% |
| Stocks and contracts in progress | 3 | €13,449 | €15,372 | +€1,923 | +14.3% |
| Stocks | 30/36 | €13,449 | €15,372 | +€1,923 | +14.3% |
| Amounts receivable within one year | 40/41 | €6,697 | €7,086 | +€390 | +5.8% |
| Trade receivables | 40 | €4,256 | €1,936 | -€2,320 | -54.5% |
| Other amounts receivable | 41 | €2,440 | €5,150 | +€2,710 | +111% |
| Cash at bank and in hand | 54/58 | €267,268 | €173,845 | -€93,423 | -35.0% |
| Deferred charges and accrued income | 490/1 | €5,248 | €18,415 | +€13,168 | +251% |
| Total equity and liabilities | 10/49 | €1,126,789 | €894,477 | -€232,312 | -20.6% |
| Equity | 10/15 | €92,206 | €2,988 | -€89,218 | -96.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €17,206 | €17,206 | = | 0.0% |
| Distributable reserves | 133 | €17,206 | €17,206 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€89,218 | -€89,218 | |
| Amounts payable | 17/49 | €1,034,583 | €891,489 | -€143,094 | -13.8% |
| Amounts payable after more than one year | 17 | €728,000 | €596,000 | -€132,000 | -18.1% |
| Financial debts | 170/4 | €728,000 | €596,000 | -€132,000 | -18.1% |
| Amounts payable within one year | 42/48 | €306,583 | €295,489 | -€11,094 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €132,000 | - | -€132,000 | |
| Trade debts | 44 | €145,790 | €139,632 | -€6,158 | -4.2% |
| Suppliers | 440/4 | €145,790 | €139,632 | -€6,158 | -4.2% |
| Taxes, remuneration and social security | 45 | €28,792 | €23,857 | -€4,936 | -17.1% |
| Taxes | 450/3 | €2,195 | €338 | -€1,857 | -84.6% |
| Remuneration and social security | 454/9 | €26,597 | €23,518 | -€3,079 | -11.6% |
| Other amounts payable | 47/48 | - | €132,000 | +€132,000 | |
| Remuneration, social security and pensions | 62 | €780,701 | €355,903 | -€424,798 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231,415 | €154,370 | -€77,045 | -33.3% |
| Other operating charges | 640/8 | €517 | €662 | +€145 | +28.1% |
| Gross operating margin | 9900 | €1,029,388 | €415,939 | -€613,449 | -59.6% |
| Operating profit (loss) | 9901 | €16,755 | -€94,996 | -€111,751 | |
| Financial income | 75/76B | €1,515 | €6,562 | +€5,048 | +333% |
| Recurring financial income | 75 | €1,515 | €6,562 | +€5,048 | +333% |
| Financial charges | 65/66B | €1,063 | €785 | -€279 | -26.2% |
| Recurring financial charges | 65 | €1,063 | €785 | -€279 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | €17,206 | -€89,218 | -€106,424 | |
| Profit (loss) for the period | 9904 | €17,206 | -€89,218 | -€106,424 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,206 | -€89,218 | -€106,424 |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.