DEBLAERE-BRUWAERT: what changed
DEBLAERE-BRUWAERT
Largest movements
- Cash -€101,453
down €101,453 (-39.4%), from €257,320 to €155,867
mainly Net result for the year (-€53,605) and Receivables within one year (-€21,920)
- Receivables within one year +€21,920
up €21,920 (+33.4%), from €65,708 to €87,628
of which Other amounts receivable: +€21,931
- Profit (loss) carried forward -€38,605
down €38,605 (-87.0%), from €44,388 to €5,783
- Trade debts -€21,500
down €21,500 (-100%), from €21,500 to €0
- Reserves -€15,000
down €15,000 (-5.8%), from €256,867 to €241,867
of which Tax-exempt reserves: -€15,000
- Tax, wage and social debts -€6,915
down €6,915 (-96.7%), from €7,153 to €238
of which Taxes: -€6,723
- Gross operating margin -€311,652
down €311,652, from €260,644 to -€51,007
- Staff costs -€119,374
down €119,374 (-99.9%), from €119,458 to €84
- Taxes -€39,228
down €39,228 (-99.4%), from €39,466 to €238
- Financial charges -€5,065
down €5,065 (-86.8%), from €5,837 to €772
- Other operating charges -€4,799
down €4,799 (-50.8%), from €9,456 to €4,656
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €348,507 | €266,488 | -€82,019 | -23.5% |
| Fixed assets | 21/28 | €5,479 | €2,933 | -€2,547 | -46.5% |
| Tangible fixed assets | 22/27 | €2,449 | €1,133 | -€1,317 | -53.8% |
| Plant, machinery and equipment | 23 | €2,449 | €1,133 | -€1,317 | -53.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €3,030 | €1,800 | -€1,230 | -40.6% |
| Current assets | 29/58 | €343,028 | €263,555 | -€79,473 | -23.2% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €65,708 | €87,628 | +€21,920 | +33.4% |
| Trade receivables | 40 | €12 | €0 | -€12 | -100% |
| Other amounts receivable | 41 | €65,696 | €87,628 | +€21,931 | +33.4% |
| Cash at bank and in hand | 54/58 | €257,320 | €155,867 | -€101,453 | -39.4% |
| Deferred charges and accrued income | 490/1 | €0 | €60 | +€60 | |
| Total equity and liabilities | 10/49 | €348,507 | €266,488 | -€82,019 | -23.5% |
| Equity | 10/15 | €319,855 | €266,250 | -€53,605 | -16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,867 | €241,867 | -€15,000 | -5.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €15,000 | €0 | -€15,000 | -100% |
| Distributable reserves | 133 | €241,867 | €241,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,388 | €5,783 | -€38,605 | -87.0% |
| Amounts payable | 17/49 | €28,652 | €238 | -€28,414 | -99.2% |
| Amounts payable within one year | 42/48 | €28,652 | €238 | -€28,414 | -99.2% |
| Trade debts | 44 | €21,500 | €0 | -€21,500 | -100% |
| Suppliers | 440/4 | €21,500 | €0 | -€21,500 | -100% |
| Taxes, remuneration and social security | 45 | €7,153 | €238 | -€6,915 | -96.7% |
| Taxes | 450/3 | €6,961 | €238 | -€6,723 | -96.6% |
| Remuneration and social security | 454/9 | €191 | €0 | -€191 | -100% |
| Non-recurring operating income | 76A | €54,885 | €0 | -€54,885 | -100% |
| Remuneration, social security and pensions | 62 | €119,458 | €84 | -€119,374 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,312 | €1,317 | +€5 | +0.4% |
| Other operating charges | 640/8 | €9,456 | €4,656 | -€4,799 | -50.8% |
| Gross operating margin | 9900 | €260,644 | -€51,007 | -€311,652 | |
| Operating profit (loss) | 9901 | €130,419 | -€57,064 | -€187,483 | |
| Financial income | 75/76B | €3,284 | €4,469 | +€1,185 | +36.1% |
| Recurring financial income | 75 | €3,284 | €4,469 | +€1,185 | +36.1% |
| Financial charges | 65/66B | €5,837 | €772 | -€5,065 | -86.8% |
| Recurring financial charges | 65 | €5,837 | €772 | -€5,065 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €127,866 | -€53,367 | -€181,233 | |
| Income taxes | 67/77 | €39,466 | €238 | -€39,228 | -99.4% |
| Profit (loss) for the period | 9904 | €88,400 | -€53,605 | -€142,005 | |
| Transfer from tax-exempt reserves | 789 | - | €15,000 | +€15,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €88,400 | -€38,605 | -€127,005 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.