Diederik Bruloot: 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.
Diederik Bruloot
Largest movements
- Deferred charges and accrued income +€17,801
up €17,801 (+2,210%), from €806 to €18,607
- Tangible fixed assets -€12,493
down €12,493 (-20.2%), from €61,810 to €49,317
of which Furniture and vehicles: -€10,248
- Cash +€2,314
up €2,314 (+33.6%), from €6,895 to €9,208
mainly Depreciation (+€14,064) and Net result for the year (+€12,607)
- Reserves +€10,900
up €10,900 (+104%), from €10,500 to €21,400
- Debts after one year -€8,873
down €8,873 (-28.7%), from €30,946 to €22,073
- Tax, wage and social debts +€8,689
up €8,689 (+124%), from €6,987 to €15,676
- Other debts -€4,171
down €4,171 (-43.9%), from €9,494 to €5,323
- Depreciation +€1,859
up €1,859 (+15.2%), from €12,205 to €14,064
- Taxes -€1,073
down €1,073 (-15.7%), from €6,841 to €5,768
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 | €69,511 | €77,132 | +€7,621 | +11.0% |
| Fixed assets | 21/28 | €61,810 | €49,317 | -€12,493 | -20.2% |
| Tangible fixed assets | 22/27 | €61,810 | €49,317 | -€12,493 | -20.2% |
| Plant, machinery and equipment | 23 | €8,022 | €6,022 | -€2,000 | -24.9% |
| Furniture and vehicles | 24 | €51,523 | €41,275 | -€10,248 | -19.9% |
| Other tangible fixed assets | 26 | €2,266 | €2,020 | -€246 | -10.9% |
| Current assets | 29/58 | €7,700 | €27,815 | +€20,115 | +261% |
| Cash at bank and in hand | 54/58 | €6,895 | €9,208 | +€2,314 | +33.6% |
| Deferred charges and accrued income | 490/1 | €806 | €18,607 | +€17,801 | +2,210% |
| Total equity and liabilities | 10/49 | €69,511 | €77,132 | +€7,621 | +11.0% |
| Equity | 10/15 | €13,544 | €24,485 | +€10,941 | +80.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,500 | €21,400 | +€10,900 | +104% |
| Distributable reserves | 133 | €10,500 | €21,400 | +€10,900 | +104% |
| Profit (loss) carried forward | 14 | €44 | €85 | +€41 | +92.4% |
| Amounts payable | 17/49 | €55,967 | €52,647 | -€3,319 | -5.9% |
| Amounts payable after more than one year | 17 | €30,946 | €22,073 | -€8,873 | -28.7% |
| Financial debts | 170/4 | €30,946 | €22,073 | -€8,873 | -28.7% |
| Amounts payable within one year | 42/48 | €25,021 | €30,574 | +€5,553 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €8,540 | €8,873 | +€333 | +3.9% |
| Trade debts | 44 | - | €703 | +€703 | |
| Suppliers | 440/4 | - | €703 | +€703 | |
| Taxes, remuneration and social security | 45 | €6,987 | €15,676 | +€8,689 | +124% |
| Taxes | 450/3 | €6,987 | €15,676 | +€8,689 | +124% |
| Other amounts payable | 47/48 | €9,494 | €5,323 | -€4,171 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,205 | €14,064 | +€1,859 | +15.2% |
| Other operating charges | 640/8 | €850 | €834 | -€17 | -2.0% |
| Gross operating margin | 9900 | €35,000 | €34,676 | -€324 | -0.9% |
| Operating profit (loss) | 9901 | €21,945 | €19,778 | -€2,166 | -9.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,241 | €1,406 | +€165 | +13.3% |
| Recurring financial charges | 65 | €1,241 | €1,406 | +€165 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €20,703 | €18,375 | -€2,328 | -11.2% |
| Income taxes | 67/77 | €6,841 | €5,768 | -€1,073 | -15.7% |
| Profit (loss) for the period | 9904 | €13,862 | €12,607 | -€1,255 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,862 | €12,607 | -€1,255 | -9.1% |
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 30 October 2026 via checked.be.