EV BRUGGE: 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.
EV BRUGGE
Largest movements
- Cash -€21,451
down €21,451 (-42.9%), from €50,051 to €28,599
mainly Net result for the year (-€39,768) and Advances received (-€517)
- Intangible fixed assets -€6,500
down €6,500 (-58.7%), from €11,077 to €4,577
- Tangible fixed assets -€5,309
down €5,309 (-25.1%), from €21,142 to €15,833
- Receivables within one year -€2,345
down €2,345 (-93.9%), from €2,496 to €151
of which Other amounts receivable: -€2,496
- Profit (loss) carried forward -€21,420
new in 2025: -€21,420
- Reserves -€18,348
no longer reported in 2025 (was €18,348)
- Trade debts +€3,433
up €3,433 (+19.6%), from €17,483 to €20,916
- Tax, wage and social debts +€1,213
new in 2025: €1,213
- Financial income -€7,899
down €7,899 (-94.0%), from €8,401 to €501
- Gross operating margin +€6,412
up €6,412 (+19.7%), from -€32,594 to -€26,182
- Staff costs -€6,393
no longer reported in 2025 (was €6,393)
- Depreciation -€1,202
down €1,202 (-9.2%), from €13,012 to €11,809
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 | €86,366 | €50,760 | -€35,606 | -41.2% |
| Fixed assets | 21/28 | €33,819 | €22,010 | -€11,809 | -34.9% |
| Intangible fixed assets | 21 | €11,077 | €4,577 | -€6,500 | -58.7% |
| Tangible fixed assets | 22/27 | €21,142 | €15,833 | -€5,309 | -25.1% |
| Plant, machinery and equipment | 23 | €12,550 | €10,451 | -€2,099 | -16.7% |
| Furniture and vehicles | 24 | €3,979 | €1,762 | -€2,217 | -55.7% |
| Other tangible fixed assets | 26 | €4,613 | €3,619 | -€994 | -21.5% |
| Financial fixed assets | 28 | €1,600 | €1,600 | = | 0.0% |
| Current assets | 29/58 | €52,547 | €28,751 | -€23,797 | -45.3% |
| Amounts receivable within one year | 40/41 | €2,496 | €151 | -€2,345 | -93.9% |
| Trade receivables | 40 | - | €151 | +€151 | |
| Other amounts receivable | 41 | €2,496 | - | -€2,496 | |
| Cash at bank and in hand | 54/58 | €50,051 | €28,599 | -€21,451 | -42.9% |
| Total equity and liabilities | 10/49 | €86,366 | €50,760 | -€35,606 | -41.2% |
| Equity | 10/15 | €68,348 | €28,580 | -€39,768 | -58.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €18,348 | - | -€18,348 | |
| Distributable reserves | 133 | €18,348 | - | -€18,348 | |
| Profit (loss) carried forward | 14 | - | -€21,420 | -€21,420 | |
| Amounts payable | 17/49 | €18,018 | €22,180 | +€4,162 | +23.1% |
| Amounts payable within one year | 42/48 | €18,018 | €22,180 | +€4,162 | +23.1% |
| Trade debts | 44 | €17,483 | €20,916 | +€3,433 | +19.6% |
| Suppliers | 440/4 | €17,483 | €20,916 | +€3,433 | +19.6% |
| Advances received on contracts in progress | 46 | €517 | - | -€517 | |
| Taxes, remuneration and social security | 45 | - | €1,213 | +€1,213 | |
| Taxes | 450/3 | - | €1,213 | +€1,213 | |
| Other amounts payable | 47/48 | €18 | €51 | +€34 | +188% |
| Remuneration, social security and pensions | 62 | €6,393 | - | -€6,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,012 | €11,809 | -€1,202 | -9.2% |
| Other operating charges | 640/8 | €2,140 | €2,206 | +€65 | +3.0% |
| Gross operating margin | 9900 | -€32,594 | -€26,182 | +€6,412 | +19.7% |
| Operating profit (loss) | 9901 | -€54,140 | -€40,197 | +€13,943 | +25.8% |
| Financial income | 75/76B | €8,401 | €501 | -€7,899 | -94.0% |
| Recurring financial income | 75 | €8,401 | €501 | -€7,899 | -94.0% |
| Financial charges | 65/66B | €85 | €72 | -€13 | -15.3% |
| Recurring financial charges | 65 | €85 | €72 | -€13 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€45,824 | -€39,768 | +€6,056 | +13.2% |
| Profit (loss) for the period | 9904 | -€45,824 | -€39,768 | +€6,056 | +13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,824 | -€39,768 | +€6,056 | +13.2% |
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 20 October 2026 via checked.be.