De Bruycker: 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 Bruycker
Largest movements
- Cash -€16,700
down €16,700 (-40.4%), from €41,346 to €24,646
mainly Contributions, distributions and other (-€14,286) and Current portion of long-term debt (-€6,110)
- Tangible fixed assets -€14,876
down €14,876 (-20.9%), from €71,067 to €56,191
of which Plant, machinery and equipment: -€7,557
- Reserves -€14,286
down €14,286 (-20.6%), from €69,288 to €55,003
of which Distributable reserves: -€14,286
- Current portion of long-term debt -€6,110
down €6,110 (-57.2%), from €10,682 to €4,571
- Debts after one year -€4,571
down €4,571 (-100%), from €4,571 to €0
- Tax, wage and social debts -€2,476
down €2,476 (-23.4%), from €10,604 to €8,128
of which Taxes: -€2,120
- Profit (loss) carried forward -€2,370
down €2,370, from €0 to -€2,370
- Gross operating margin -€10,579
down €10,579 (-17.2%), from €61,328 to €50,750
- Taxes -€4,469
down €4,469 (-100%), from €4,469 to €0
- Staff costs +€3,618
up €3,618 (+11.4%), from €31,841 to €35,459
- Depreciation +€3,611
up €3,611 (+29.8%), from €12,133 to €15,744
- Other operating charges +€860
up €860 (+134%), from €641 to €1,501
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 | €129,758 | €98,623 | -€31,135 | -24.0% |
| Fixed assets | 21/28 | €73,288 | €58,432 | -€14,856 | -20.3% |
| Tangible fixed assets | 22/27 | €71,067 | €56,191 | -€14,876 | -20.9% |
| Land and buildings | 22 | €275 | €0 | -€275 | -100% |
| Plant, machinery and equipment | 23 | €43,988 | €36,430 | -€7,557 | -17.2% |
| Furniture and vehicles | 24 | €19,591 | €14,365 | -€5,226 | -26.7% |
| Other tangible fixed assets | 26 | €7,213 | €5,395 | -€1,817 | -25.2% |
| Financial fixed assets | 28 | €2,221 | €2,241 | +€20 | +0.9% |
| Current assets | 29/58 | €56,471 | €40,191 | -€16,279 | -28.8% |
| Stocks and contracts in progress | 3 | €9,791 | €9,349 | -€442 | -4.5% |
| Stocks | 30/36 | €9,791 | €9,349 | -€442 | -4.5% |
| Amounts receivable within one year | 40/41 | €3,632 | €4,465 | +€834 | +23.0% |
| Trade receivables | 40 | €1,409 | €0 | -€1,409 | -100% |
| Other amounts receivable | 41 | €2,223 | €4,465 | +€2,243 | +101% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €41,346 | €24,646 | -€16,700 | -40.4% |
| Deferred charges and accrued income | 490/1 | €1,702 | €1,731 | +€30 | +1.7% |
| Total equity and liabilities | 10/49 | €129,758 | €98,623 | -€31,135 | -24.0% |
| Equity | 10/15 | €87,880 | €71,225 | -€16,656 | -19.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €69,288 | €55,003 | -€14,286 | -20.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €67,429 | €53,143 | -€14,286 | -21.2% |
| Profit (loss) carried forward | 14 | €0 | -€2,370 | -€2,370 | |
| Amounts payable | 17/49 | €41,878 | €27,398 | -€14,480 | -34.6% |
| Amounts payable after more than one year | 17 | €4,571 | €0 | -€4,571 | -100% |
| Financial debts | 170/4 | €4,571 | €0 | -€4,571 | -100% |
| Amounts payable within one year | 42/48 | €35,991 | €27,398 | -€8,592 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €10,682 | €4,571 | -€6,110 | -57.2% |
| Trade debts | 44 | €14,220 | €13,588 | -€632 | -4.4% |
| Suppliers | 440/4 | €14,220 | €13,588 | -€632 | -4.4% |
| Taxes, remuneration and social security | 45 | €10,604 | €8,128 | -€2,476 | -23.4% |
| Taxes | 450/3 | €3,829 | €1,709 | -€2,120 | -55.4% |
| Remuneration and social security | 454/9 | €6,775 | €6,419 | -€356 | -5.3% |
| Other amounts payable | 47/48 | €485 | €1,111 | +€626 | +129% |
| Accrued charges and deferred income | 492/3 | €1,316 | €0 | -€1,316 | -100% |
| Remuneration, social security and pensions | 62 | €31,841 | €35,459 | +€3,618 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,133 | €15,744 | +€3,611 | +29.8% |
| Other operating charges | 640/8 | €641 | €1,501 | +€860 | +134% |
| Gross operating margin | 9900 | €61,328 | €50,750 | -€10,579 | -17.2% |
| Operating profit (loss) | 9901 | €16,714 | -€1,954 | -€18,668 | |
| Financial income | 75/76B | €91 | €104 | +€13 | +13.9% |
| Recurring financial income | 75 | €91 | €104 | +€13 | +13.9% |
| Financial charges | 65/66B | €865 | €519 | -€346 | -40.0% |
| Recurring financial charges | 65 | €865 | €519 | -€346 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €15,939 | -€2,370 | -€18,309 | |
| Income taxes | 67/77 | €4,469 | €0 | -€4,469 | -100% |
| Profit (loss) for the period | 9904 | €11,470 | -€2,370 | -€13,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,470 | -€2,370 | -€13,840 |
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 14 October 2026 via checked.be.