Tomas De Bruyne: 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.
Tomas De Bruyne
Largest movements
- Cash +€72,375
up €72,375 (+1,452%), from €4,984 to €77,359
mainly Other debts (+€118,794) and Trade debts (+€25,892)
- Receivables within one year +€18,889
up €18,889 (+17.0%), from €110,884 to €129,773
of which Trade receivables: +€36,171
- Tangible fixed assets -€14,351
down €14,351 (-3.5%), from €407,624 to €393,273
of which Land and buildings: -€9,219
- Other debts +€118,794
up €118,794 (+77.2%), from €153,901 to €272,695
- Profit (loss) carried forward -€63,352
down €63,352, from €0 to -€63,352
- Trade debts +€25,892
up €25,892 (+68.7%), from €37,672 to €63,564
- Debts after one year -€14,908
down €14,908 (-5.5%), from €270,650 to €255,742
- Tax, wage and social debts +€11,027
up €11,027 (+91.7%), from €12,019 to €23,046
of which Taxes: +€16,534
- Gross operating margin -€65,723
down €65,723 (-96.7%), from €67,994 to €2,270
- Financial charges +€11,337
up €11,337 (+491%), from €2,311 to €13,648
- Depreciation -€8,610
down €8,610 (-29.9%), from €28,755 to €20,145
- Taxes -€2,390
down €2,390 (-81.5%), from €2,930 to €541
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 | €629,078 | €703,866 | +€74,788 | +11.9% |
| Fixed assets | 21/28 | €407,624 | €393,273 | -€14,351 | -3.5% |
| Tangible fixed assets | 22/27 | €407,624 | €393,273 | -€14,351 | -3.5% |
| Land and buildings | 22 | €393,810 | €384,591 | -€9,219 | -2.3% |
| Plant, machinery and equipment | 23 | €9,697 | €6,986 | -€2,712 | -28.0% |
| Furniture and vehicles | 24 | €4,117 | €1,696 | -€2,421 | -58.8% |
| Current assets | 29/58 | €221,454 | €310,593 | +€89,139 | +40.3% |
| Amounts receivable within one year | 40/41 | €110,884 | €129,773 | +€18,889 | +17.0% |
| Trade receivables | 40 | €93,602 | €129,773 | +€36,171 | +38.6% |
| Other amounts receivable | 41 | €17,282 | €0 | -€17,282 | -100% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,984 | €77,359 | +€72,375 | +1,452% |
| Deferred charges and accrued income | 490/1 | €5,586 | €3,461 | -€2,124 | -38.0% |
| Total equity and liabilities | 10/49 | €629,078 | €703,866 | +€74,788 | +11.9% |
| Equity | 10/15 | €136,604 | €73,252 | -€63,352 | -46.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,004 | €118,004 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €118,004 | €118,004 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€63,352 | -€63,352 | |
| Amounts payable | 17/49 | €492,474 | €630,614 | +€138,140 | +28.1% |
| Amounts payable after more than one year | 17 | €270,650 | €255,742 | -€14,908 | -5.5% |
| Financial debts | 170/4 | €270,650 | €255,742 | -€14,908 | -5.5% |
| Amounts payable within one year | 42/48 | €221,824 | €374,212 | +€152,388 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €18,232 | €14,908 | -€3,324 | -18.2% |
| Trade debts | 44 | €37,672 | €63,564 | +€25,892 | +68.7% |
| Suppliers | 440/4 | €37,672 | €63,564 | +€25,892 | +68.7% |
| Taxes, remuneration and social security | 45 | €12,019 | €23,046 | +€11,027 | +91.7% |
| Taxes | 450/3 | €400 | €16,934 | +€16,534 | +4,138% |
| Remuneration and social security | 454/9 | €11,620 | €6,112 | -€5,507 | -47.4% |
| Other amounts payable | 47/48 | €153,901 | €272,695 | +€118,794 | +77.2% |
| Accrued charges and deferred income | 492/3 | - | €660 | +€660 | |
| Non-recurring operating income | 76A | - | €1,832 | +€1,832 | |
| Remuneration, social security and pensions | 62 | €29,403 | €29,207 | -€196 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,755 | €20,145 | -€8,610 | -29.9% |
| Other operating charges | 640/8 | €1,798 | €2,102 | +€304 | +16.9% |
| Gross operating margin | 9900 | €67,994 | €2,270 | -€65,723 | -96.7% |
| Operating profit (loss) | 9901 | €8,039 | -€49,182 | -€57,221 | |
| Financial income | 75/76B | €333 | €18 | -€315 | -94.5% |
| Recurring financial income | 75 | €333 | €18 | -€315 | -94.5% |
| Financial charges | 65/66B | €2,311 | €13,648 | +€11,337 | +491% |
| Recurring financial charges | 65 | €2,311 | €13,648 | +€11,337 | +491% |
| Profit (loss) for the period before taxes | 9903 | €6,062 | -€62,812 | -€68,873 | |
| Income taxes | 67/77 | €2,930 | €541 | -€2,390 | -81.5% |
| Profit (loss) for the period | 9904 | €3,131 | -€63,352 | -€66,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,131 | -€63,352 | -€66,483 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.