LES BRUYERES: 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.
LES BRUYERES
Largest movements
- Receivables within one year +€180,000
new in 2025: €180,000
- Tangible fixed assets -€170,875
down €170,875 (-92.4%), from €184,859 to €13,984
- Cash +€2,884
up €2,884 (+25.5%), from €11,332 to €14,216
mainly Investment in fixed assets (net) (+€168,567) and Net result for the year (+€7,559)
- Reserves +€7,559
up €7,559 (+38.4%), from €19,660 to €27,219
- Accrued charges and deferred income +€3,486
new in 2025: €3,486
- Gross operating margin +€2,901
up €2,901 (+22.6%), from €12,813 to €15,714
- Taxes +€1,203
up €1,203 (+62.7%), from €1,918 to €3,121
- Other operating charges +€560
up €560 (+26.6%), from €2,102 to €2,662
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 | €196,191 | €208,200 | +€12,009 | +6.1% |
| Fixed assets | 21/28 | €184,859 | €13,984 | -€170,875 | -92.4% |
| Tangible fixed assets | 22/27 | €184,859 | €13,984 | -€170,875 | -92.4% |
| Land and buildings | 22 | €184,859 | €13,984 | -€170,875 | -92.4% |
| Current assets | 29/58 | €11,332 | €194,216 | +€182,884 | +1,614% |
| Amounts receivable within one year | 40/41 | - | €180,000 | +€180,000 | |
| Other amounts receivable | 41 | - | €180,000 | +€180,000 | |
| Cash at bank and in hand | 54/58 | €11,332 | €14,216 | +€2,884 | +25.5% |
| Total equity and liabilities | 10/49 | €196,191 | €208,200 | +€12,009 | +6.1% |
| Equity | 10/15 | €193,185 | €200,744 | +€7,559 | +3.9% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Capital | 10 | €173,525 | €173,525 | = | 0.0% |
| Issued capital | 100 | €173,525 | €173,525 | = | 0.0% |
| Reserves | 13 | €19,660 | €27,219 | +€7,559 | +38.4% |
| Distributable reserves | 133 | €19,660 | €27,219 | +€7,559 | +38.4% |
| Amounts payable | 17/49 | €3,006 | €7,456 | +€4,450 | +148% |
| Amounts payable within one year | 42/48 | €3,006 | €3,970 | +€964 | +32.1% |
| Trade debts | 44 | €388 | - | -€388 | |
| Suppliers | 440/4 | €388 | - | -€388 | |
| Taxes, remuneration and social security | 45 | €2,618 | €3,970 | +€1,352 | +51.6% |
| Taxes | 450/3 | €2,618 | €3,970 | +€1,352 | +51.6% |
| Accrued charges and deferred income | 492/3 | - | €3,486 | +€3,486 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,272 | €2,308 | +€36 | +1.6% |
| Other operating charges | 640/8 | €2,102 | €2,662 | +€560 | +26.6% |
| Gross operating margin | 9900 | €12,813 | €15,714 | +€2,901 | +22.6% |
| Operating profit (loss) | 9901 | €8,439 | €10,744 | +€2,305 | +27.3% |
| Financial charges | 65/66B | €30 | €64 | +€34 | +113% |
| Recurring financial charges | 65 | €30 | €64 | +€34 | +113% |
| Profit (loss) for the period before taxes | 9903 | €8,409 | €10,680 | +€2,271 | +27.0% |
| Income taxes | 67/77 | €1,918 | €3,121 | +€1,203 | +62.7% |
| Profit (loss) for the period | 9904 | €6,491 | €7,559 | +€1,068 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,491 | €7,559 | +€1,068 | +16.5% |
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 24 October 2026 via checked.be.