M BRUIJN Consult: 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.
M BRUIJN Consult
Largest movements
- Receivables within one year -€22,216
down €22,216 (-96.1%), from €23,110 to €894
of which Trade receivables: -€23,110
- Stocks and contracts +€4,478
new in 2025: €4,478
- Cash -€3,049
down €3,049 (-57.1%), from €5,340 to €2,291
mainly Net result for the year (-€19,510) and Stocks and contracts (-€4,478)
- Intangible fixed assets -€1,667
down €1,667 (-38.7%), from €4,303 to €2,637
- Deferred charges and accrued income -€521
down €521 (-63.9%), from €816 to €295
- Profit (loss) carried forward -€19,510
down €19,510, from €1,453 to -€18,058
- Tax, wage and social debts -€1,585
down €1,585 (-83.4%), from €1,900 to €315
- Other debts -€1,327
down €1,327 (-5.3%), from €24,941 to €23,614
- Trade debts -€553
down €553 (-24.3%), from €2,276 to €1,724
- Gross operating margin -€9,334
down €9,334 (-152%), from -€6,145 to -€15,479
- Financial charges -€1,313
down €1,313 (-41.1%), from €3,193 to €1,880
- Other operating charges -€1,197
down €1,197 (-78.7%), from €1,522 to €324
- Depreciation +€970
up €970 (+139%), from €697 to €1,667
- Taxes +€161
new in 2025: €161
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 | €33,569 | €10,594 | -€22,975 | -68.4% |
| Fixed assets | 21/28 | €4,303 | €2,637 | -€1,667 | -38.7% |
| Intangible fixed assets | 21 | €4,303 | €2,637 | -€1,667 | -38.7% |
| Current assets | 29/58 | €29,266 | €7,958 | -€21,309 | -72.8% |
| Stocks and contracts in progress | 3 | - | €4,478 | +€4,478 | |
| Stocks | 30/36 | - | €4,478 | +€4,478 | |
| Amounts receivable within one year | 40/41 | €23,110 | €894 | -€22,216 | -96.1% |
| Trade receivables | 40 | €23,110 | - | -€23,110 | |
| Other amounts receivable | 41 | - | €894 | +€894 | |
| Cash at bank and in hand | 54/58 | €5,340 | €2,291 | -€3,049 | -57.1% |
| Deferred charges and accrued income | 490/1 | €816 | €295 | -€521 | -63.9% |
| Total equity and liabilities | 10/49 | €33,569 | €10,594 | -€22,975 | -68.4% |
| Equity | 10/15 | €4,453 | -€15,058 | -€19,510 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,453 | -€18,058 | -€19,510 | |
| Amounts payable | 17/49 | €29,117 | €25,652 | -€3,465 | -11.9% |
| Amounts payable within one year | 42/48 | €29,117 | €25,652 | -€3,465 | -11.9% |
| Trade debts | 44 | €2,276 | €1,724 | -€553 | -24.3% |
| Suppliers | 440/4 | €2,276 | €1,724 | -€553 | -24.3% |
| Taxes, remuneration and social security | 45 | €1,900 | €315 | -€1,585 | -83.4% |
| Taxes | 450/3 | €1,900 | €315 | -€1,585 | -83.4% |
| Other amounts payable | 47/48 | €24,941 | €23,614 | -€1,327 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €1,667 | +€970 | +139% |
| Other operating charges | 640/8 | €1,522 | €324 | -€1,197 | -78.7% |
| Gross operating margin | 9900 | -€6,145 | -€15,479 | -€9,334 | -152% |
| Operating profit (loss) | 9901 | -€8,364 | -€17,470 | -€9,106 | -109% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €3,193 | €1,880 | -€1,313 | -41.1% |
| Recurring financial charges | 65 | €3,193 | €1,880 | -€1,313 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,554 | -€19,350 | -€7,795 | -67.5% |
| Income taxes | 67/77 | - | €161 | +€161 | |
| Profit (loss) for the period | 9904 | -€11,554 | -€19,510 | -€7,956 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,554 | -€19,510 | -€7,956 | -68.9% |
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 31 October 2026 via checked.be.