DE BRUYKER CONSTRUCT: 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 BRUYKER CONSTRUCT
Largest movements
- Cash +€190,441
up €190,441 (+203.2%), from €93,738 to €284,179
mainly Receivables within one year (+€109,479) and Net result for the year (+€105,064)
- Receivables within one year -€109,479
down €109,479 (-61.7%), from €177,554 to €68,075
of which Trade receivables: -€109,687
- Stocks and contracts +€10,752
up €10,752 (+7.3%), from €146,625 to €157,377
- Reserves +€105,064
up €105,064 (+22.2%), from €474,148 to €579,212
of which Distributable reserves: +€105,064
- Other debts -€38,917
down €38,917 (-79.4%), from €49,035 to €10,118
- Current portion of long-term debt +€18,728
up €18,728 (+37.8%), from €49,593 to €68,321
- Trade debts +€13,589
up €13,589 (+82.6%), from €16,449 to €30,038
- Accrued charges and deferred income +€10,892
up €10,892 (+49.9%), from €21,838 to €32,730
- Staff costs -€77,790
down €77,790 (-31.9%), from €243,931 to €166,141
- Depreciation +€19,076
up €19,076 (+31.5%), from €60,489 to €79,565
- Taxes +€13,743
up €13,743 (+45.1%), from €30,498 to €44,241
- Gross operating margin -€13,173
down €13,173 (-3.1%), from €425,889 to €412,716
- Other operating charges +€6,942
up €6,942 (+95.1%), from €7,296 to €14,238
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 | €811,784 | €908,665 | +€96,881 | +11.9% |
| Fixed assets | 21/28 | €381,396 | €388,546 | +€7,150 | +1.9% |
| Tangible fixed assets | 22/27 | €381,396 | €388,546 | +€7,150 | +1.9% |
| Land and buildings | 22 | €250,040 | €218,610 | -€31,430 | -12.6% |
| Plant, machinery and equipment | 23 | €30,415 | €28,805 | -€1,610 | -5.3% |
| Furniture and vehicles | 24 | €100,683 | €141,108 | +€40,425 | +40.2% |
| Other tangible fixed assets | 26 | €258 | €23 | -€235 | -91.1% |
| Current assets | 29/58 | €430,388 | €520,119 | +€89,731 | +20.8% |
| Stocks and contracts in progress | 3 | €146,625 | €157,377 | +€10,752 | +7.3% |
| Stocks | 30/36 | €146,625 | €157,377 | +€10,752 | +7.3% |
| Amounts receivable within one year | 40/41 | €177,554 | €68,075 | -€109,479 | -61.7% |
| Trade receivables | 40 | €175,154 | €65,467 | -€109,687 | -62.6% |
| Other amounts receivable | 41 | €2,400 | €2,608 | +€208 | +8.7% |
| Cash at bank and in hand | 54/58 | €93,738 | €284,179 | +€190,441 | +203.2% |
| Deferred charges and accrued income | 490/1 | €12,471 | €10,488 | -€1,983 | -15.9% |
| Total equity and liabilities | 10/49 | €811,784 | €908,665 | +€96,881 | +11.9% |
| Equity | 10/15 | €499,148 | €604,212 | +€105,064 | +21.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €474,148 | €579,212 | +€105,064 | +22.2% |
| Tax-exempt reserves | 132 | €45,255 | €45,255 | = | 0.0% |
| Distributable reserves | 133 | €428,893 | €533,957 | +€105,064 | +24.5% |
| Amounts payable | 17/49 | €312,636 | €304,453 | -€8,183 | -2.6% |
| Amounts payable after more than one year | 17 | €131,267 | €129,240 | -€2,027 | -1.5% |
| Financial debts | 170/4 | €131,267 | €129,240 | -€2,027 | -1.5% |
| Amounts payable within one year | 42/48 | €159,531 | €142,483 | -€17,048 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €49,593 | €68,321 | +€18,728 | +37.8% |
| Trade debts | 44 | €16,449 | €30,038 | +€13,589 | +82.6% |
| Suppliers | 440/4 | €16,449 | €30,038 | +€13,589 | +82.6% |
| Taxes, remuneration and social security | 45 | €44,454 | €34,006 | -€10,448 | -23.5% |
| Taxes | 450/3 | €44,454 | €34,006 | -€10,448 | -23.5% |
| Other amounts payable | 47/48 | €49,035 | €10,118 | -€38,917 | -79.4% |
| Accrued charges and deferred income | 492/3 | €21,838 | €32,730 | +€10,892 | +49.9% |
| Non-recurring operating income | 76A | €9,683 | - | -€9,683 | |
| Remuneration, social security and pensions | 62 | €243,931 | €166,141 | -€77,790 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,489 | €79,565 | +€19,076 | +31.5% |
| Other operating charges | 640/8 | €7,296 | €14,238 | +€6,942 | +95.1% |
| Non-recurring operating charges | 66A | €840 | - | -€840 | |
| Gross operating margin | 9900 | €425,889 | €412,716 | -€13,173 | -3.1% |
| Operating profit (loss) | 9901 | €113,333 | €152,772 | +€39,439 | +34.8% |
| Financial income | 75/76B | €56 | €11 | -€45 | -80.4% |
| Recurring financial income | 75 | €56 | €11 | -€45 | -80.4% |
| Financial charges | 65/66B | €2,369 | €3,478 | +€1,109 | +46.8% |
| Recurring financial charges | 65 | €2,369 | €3,478 | +€1,109 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €111,020 | €149,305 | +€38,285 | +34.5% |
| Income taxes | 67/77 | €30,498 | €44,241 | +€13,743 | +45.1% |
| Profit (loss) for the period | 9904 | €80,522 | €105,064 | +€24,542 | +30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,522 | €105,064 | +€24,542 | +30.5% |
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 6 October 2026 via checked.be.