LE BRUSC: 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.
LE BRUSC
Largest movements
- Tangible fixed assets -€13,591
down €13,591 (-5.0%), from €270,468 to €256,877
of which Land and buildings: -€12,008
- Cash +€9,546
up €9,546 (+1589.9%), from €600 to €10,146
mainly Other debts (+€21,627) and Depreciation (+€13,591)
- Other debts +€21,627
up €21,627 (+21.1%), from €102,631 to €124,259
- Profit (loss) carried forward -€20,491
down €20,491 (-5.9%), from -€348,394 to -€368,885
- Short-term financial debts -€3,336
no longer reported in 2025 (was €3,336)
- Financial charges -€6,656
down €6,656 (-31.3%), from €21,240 to €14,584
- Gross operating margin +€869
up €869 (+8.1%), from €10,676 to €11,545
- Other operating charges -€820
down €820 (-19.4%), from €4,231 to €3,412
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 | €271,069 | €267,023 | -€4,045 | -1.5% |
| Fixed assets | 21/28 | €270,468 | €256,877 | -€13,591 | -5.0% |
| Tangible fixed assets | 22/27 | €270,468 | €256,877 | -€13,591 | -5.0% |
| Land and buildings | 22 | €220,609 | €208,602 | -€12,008 | -5.4% |
| Other tangible fixed assets | 26 | €49,859 | €48,276 | -€1,583 | -3.2% |
| Current assets | 29/58 | €600 | €10,146 | +€9,546 | +1589.9% |
| Cash at bank and in hand | 54/58 | €600 | €10,146 | +€9,546 | +1589.9% |
| Total equity and liabilities | 10/49 | €271,069 | €267,023 | -€4,045 | -1.5% |
| Equity | 10/15 | -€286,744 | -€307,235 | -€20,491 | -7.1% |
| Contributions | 10/11 | €61,650 | €61,650 | = | 0.0% |
| Capital | 10 | €61,650 | €61,650 | = | 0.0% |
| Issued capital | 100 | €61,650 | €61,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€348,394 | -€368,885 | -€20,491 | -5.9% |
| Amounts payable | 17/49 | €557,813 | €574,259 | +€16,446 | +2.9% |
| Amounts payable after more than one year | 17 | €450,000 | €450,000 | = | 0.0% |
| Financial debts | 170/4 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €105,967 | €124,259 | +€18,292 | +17.3% |
| Financial debts | 43 | €3,336 | - | -€3,336 | |
| Credit institutions | 430/8 | €3,336 | - | -€3,336 | |
| Other amounts payable | 47/48 | €102,631 | €124,259 | +€21,627 | +21.1% |
| Accrued charges and deferred income | 492/3 | €1,846 | - | -€1,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,650 | €13,591 | -€59 | -0.4% |
| Other operating charges | 640/8 | €4,231 | €3,412 | -€820 | -19.4% |
| Gross operating margin | 9900 | €10,676 | €11,545 | +€869 | +8.1% |
| Operating profit (loss) | 9901 | -€7,205 | -€5,458 | +€1,747 | +24.3% |
| Financial charges | 65/66B | €21,240 | €14,584 | -€6,656 | -31.3% |
| Recurring financial charges | 65 | €21,240 | €14,584 | -€6,656 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€28,445 | -€20,042 | +€8,403 | +29.5% |
| Income taxes | 67/77 | €450 | €449 | -€1 | -0.2% |
| Profit (loss) for the period | 9904 | -€28,895 | -€20,491 | +€8,404 | +29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,895 | -€20,491 | +€8,404 | +29.1% |
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 11 October 2026 via checked.be.