LOONWERKEN DEBRUYNE: 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.
LOONWERKEN DEBRUYNE
Largest movements
- Tangible fixed assets -€146,250
down €146,250 (-22.2%), from €657,403 to €511,152
of which Plant, machinery and equipment: -€151,698
- Cash -€99,976
down €99,976 (-67.5%), from €148,167 to €48,191
mainly Debts after one year (-€159,350) and Trade debts (-€148,312)
- Receivables within one year -€42,254
down €42,254 (-11.1%), from €381,249 to €338,996
of which Other amounts receivable: -€24,938
- Debts after one year -€159,350
down €159,350 (-55.5%), from €287,074 to €127,724
- Trade debts -€148,312
down €148,312 (-78.6%), from €188,629 to €40,317
- Reserves +€25,265
up €25,265 (+7.7%), from €327,924 to €353,189
of which Distributable reserves: +€26,578
- Current portion of long-term debt -€12,651
down €12,651 (-7.4%), from €172,001 to €159,350
- Gross operating margin -€36,564
down €36,564 (-14.2%), from €257,597 to €221,033
- Depreciation +€12,089
up €12,089 (+7.9%), from €153,513 to €165,602
- Taxes -€10,321
down €10,321 (-53.7%), from €19,208 to €8,887
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 | €1,190,758 | €902,292 | -€288,466 | -24.2% |
| Fixed assets | 21/28 | €657,423 | €511,172 | -€146,250 | -22.2% |
| Tangible fixed assets | 22/27 | €657,403 | €511,152 | -€146,250 | -22.2% |
| Land and buildings | 22 | €5,659 | €12,550 | +€6,890 | +122% |
| Plant, machinery and equipment | 23 | €650,301 | €498,603 | -€151,698 | -23.3% |
| Furniture and vehicles | 24 | €1,443 | - | -€1,443 | |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €533,335 | €391,120 | -€142,215 | -26.7% |
| Amounts receivable within one year | 40/41 | €381,249 | €338,996 | -€42,254 | -11.1% |
| Trade receivables | 40 | €346,772 | €329,456 | -€17,316 | -5.0% |
| Other amounts receivable | 41 | €34,478 | €9,540 | -€24,938 | -72.3% |
| Cash at bank and in hand | 54/58 | €148,167 | €48,191 | -€99,976 | -67.5% |
| Deferred charges and accrued income | 490/1 | €3,918 | €3,933 | +€15 | +0.4% |
| Total equity and liabilities | 10/49 | €1,190,758 | €902,292 | -€288,466 | -24.2% |
| Equity | 10/15 | €346,516 | €371,781 | +€25,265 | +7.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €327,924 | €353,189 | +€25,265 | +7.7% |
| Tax-exempt reserves | 132 | €9,752 | €8,440 | -€1,313 | -13.5% |
| Distributable reserves | 133 | €318,172 | €344,750 | +€26,578 | +8.4% |
| Provisions and deferred taxes | 16 | €3,251 | €2,813 | -€438 | -13.5% |
| Deferred taxes | 168 | €3,251 | €2,813 | -€438 | -13.5% |
| Amounts payable | 17/49 | €840,991 | €527,698 | -€313,293 | -37.3% |
| Amounts payable after more than one year | 17 | €287,074 | €127,724 | -€159,350 | -55.5% |
| Financial debts | 170/4 | €287,074 | €127,724 | -€159,350 | -55.5% |
| Amounts payable within one year | 42/48 | €553,917 | €399,974 | -€153,943 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €172,001 | €159,350 | -€12,651 | -7.4% |
| Trade debts | 44 | €188,629 | €40,317 | -€148,312 | -78.6% |
| Suppliers | 440/4 | €188,629 | €40,317 | -€148,312 | -78.6% |
| Taxes, remuneration and social security | 45 | €17,678 | €19,073 | +€1,395 | +7.9% |
| Taxes | 450/3 | €17,678 | €19,073 | +€1,395 | +7.9% |
| Other amounts payable | 47/48 | €175,609 | €181,233 | +€5,625 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,513 | €165,602 | +€12,089 | +7.9% |
| Other operating charges | 640/8 | €592 | €553 | -€39 | -6.5% |
| Gross operating margin | 9900 | €257,597 | €221,033 | -€36,564 | -14.2% |
| Operating profit (loss) | 9901 | €103,492 | €54,878 | -€48,614 | -47.0% |
| Financial income | 75/76B | €368 | €141 | -€227 | -61.7% |
| Recurring financial income | 75 | €368 | €141 | -€227 | -61.7% |
| Financial charges | 65/66B | €21,248 | €21,304 | +€56 | +0.3% |
| Recurring financial charges | 65 | €21,248 | €21,304 | +€56 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €82,612 | €33,715 | -€48,897 | -59.2% |
| Transfer from deferred taxes | 780 | €438 | €438 | = | 0.0% |
| Income taxes | 67/77 | €19,208 | €8,887 | -€10,321 | -53.7% |
| Profit (loss) for the period | 9904 | €63,841 | €25,265 | -€38,576 | -60.4% |
| Transfer from tax-exempt reserves | 789 | €1,313 | €1,313 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,154 | €26,578 | -€38,576 | -59.2% |
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 25 October 2026 via checked.be.