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BRUNIM

Active Risk: not assessed
Public limited companyfounded 1990active for 35 yearsSolhofdreef 35, 2630 Aartselaar, BelgiumKBO/BCE: BE 0442.802.129

Financials · financial year 2025, full format

Annual accounts 2025 filed on 30-07-2026 at the NBB all 35 filings

Equity
€4.7m▼ 21.4%
2024 · €6.0m
Net result
-€1.3m▼ 94.7%
2024 · -€658,402
Total assets
€28.7m▼ 3.8%
2024 · €29.8m
Solvency
16.4%▼ 3.7pp
2024 · 20.1%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €471,126, larger than the loss of €169,707 in 2024. It is the lowest result since 2021.

Operating result-€0.5m 2025 Net result-€1.3m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.4m--€0.3m▲ 15.0%€0.3m€0.3m▼ 3.4%-€0.1m-€0.09m▲ 23.2%-€0.2m▼ 95.6%-€0.5m▼ 178%
Net result-€0.3m--€0.3m▲ 9.9%€0.04mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 237%-€0.2mbelow the sector's middle half-€0.7mbelow the sector's middle half▼ 249%-€0.7mbelow the sector's middle half▲ 6.9%-€1.3mbelow the sector's middle half▼ 94.7%
Equity€7.7m-€7.4m▼ 4.0%€7.4mabove the sector's middle half▲ 0.6%€7.6mabove the sector's middle half▲ 2.0%€7.4mabove the sector's middle half▼ 2.7%€6.7mabove the sector's middle half▼ 9.6%€6.0mabove the sector's middle half▼ 10.1%€4.7mwithin the sector's middle half▼ 21.4%
Total assets€21.1m-€24.4m▲ 15.8%€26.1mabove the sector's middle half▲ 6.9%€27.7mabove the sector's middle half▲ 6.2%€30.1mabove the sector's middle half▲ 8.8%€29.5mabove the sector's middle half▼ 2.2%€29.8mabove the sector's middle half▲ 1.0%€28.7mwithin the sector's middle half▼ 3.8%
Debt€13.3m-€16.9m▲ 27.5%€18.3m▲ 8.5%€19.7m▲ 7.6%€22.4m▲ 13.4%€22.3m▼ 0.2%€23.6m▲ 5.7%€23.7m▲ 0.7%
Working capital-€10.4m--€12.4m▼ 19.8%-€16.0mbelow the sector's middle half▼ 28.8%-€17.2mbelow the sector's middle half▼ 7.6%-€18.3mbelow the sector's middle half▼ 6.5%-€18.8mbelow the sector's middle half▼ 2.3%-€20.0mbelow the sector's middle half▼ 6.3%-€20.3mbelow the sector's middle half▼ 1.5%
Solvency36.5%-30.3%▼ 6.2pp28.5%within the sector's middle half▼ 1.8pp27.3%within the sector's middle half▼ 1.1pp24.5%within the sector's middle half▼ 2.9pp22.6%below the sector's middle half▼ 1.8pp20.1%below the sector's middle half▼ 2.5pp16.4%below the sector's middle half▼ 3.7pp
Current ratio0.20-0.25▲ 0.060.12below the sector's middle half▼ 0.140.12below the sector's middle half=0.18below the sector's middle half▲ 0.060.14below the sector's middle half▼ 0.040.15below the sector's middle half▲ 0.010.11below the sector's middle half▼ 0.03
Return on assets (ROA)-1.6%--1.2%▲ 0.4pp0.2%below the sector's middle half▲ 1.4pp0.5%within the sector's middle half▲ 0.4pp-0.7%below the sector's middle half▼ 1.2pp-2.4%below the sector's middle half▼ 1.7pp-2.2%below the sector's middle half▲ 0.2pp-4.5%below the sector's middle half▼ 2.3pp
Staff (FTE)1.8-2▲ 11.1%2within the sector's middle half=2within the sector's middle half=2within the sector's middle half=3.1above the sector's middle half▲ 55.0%4above the sector's middle half▲ 29.0%4within the sector's middle half=
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2025 Net result -95% on 2024. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28.7m
Fixed assets €26.1m ▼ 1.1%
Current assets €2.6m ▼ 25.1%
Equity and liabilities €28.7m
Equity €4.7m ▼ 21.4%
Provisions €195,053 ▼ 2.8%
Debt €23.7m ▲ 0.7%
Debt's share of the balance-sheet total rises from 79.2% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
ROE
-27.2%▼
2024 · -11.0%
Debt ≤ 1 year
€22.8m▼
2024 · €23.4m
Income taxes
€119,309▲
2024 · €1,505
Staff costs
€215,926▼
2024 · €216,094
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date22454
full-time22433
part-time---21
in full-time equivalents22443.5
Average over the year, in full-time equivalents223.144
On a permanent contract22454
Joined--3-0
Left--001

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€1.9m€1.2m€953,852€466,024€361,007
Financial fixed assets€1,872€936€936€1,300€2,122
Depreciation and write-downs of the year€411,365€407,844€470,744€589,590€643,230

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as BRUNIM: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €11m and €56m, founded between 1987 and 1999.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
BRUNIM Aartselaar1990€28.7m€4.7m€0.4m-€1.3m42025
Square Real Estate Gent1987€27.5m€23.8m€0.4m€0.1m32025
BUFIGES Raeren1997€20.2m€13.1m€0.4m€7.4m2.72025
GUDANI Vosselaar1997€16.7m€14.3m€0.3m€0.2m32025
A.G.I.-HOLDING Geel1999€55.9m€51.7m€0.6m€1.6m5.42025
BELLEMOND Schilde1994€11.5m€10.8m€0.6m€0.3m3.82025
IMMOWE Zoersel1993€13.5m€11.0m€0.3m€0.03m2.92025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€29.8m€28.7m▼
Fixed assets21/28€26.4m€26.1m▼
Tangible fixed assets22/27€26.0m€25.7m▼
Land and buildings22€25.6m€25.2m▼
Plant, machinery and equipment23€0.1m€0.2m▲
Furniture and vehicles24€0.2m€0.3m▲
Financial fixed assets28€0.4m€0.4m▲
Current assets29/58€3.4m€2.6m▼
Amounts receivable within one year40/41€1.3m€1.3m▲
Trade receivables40€0.07m€0.06m▼
Other amounts receivable41€1.2m€1.3m▲
Cash at bank and in hand54/58€2.1m€1.2m▼
Deferred charges and accrued income490/1€0.06m€0.07m▲
Equity and liabilities
Total equity and liabilities10/49€29.8m€28.7m▼
Equity10/15€6.0m€4.7m▼
Contributions10/11€12.3m€12.3m=
Capital10€12.3m€12.3m=
Issued capital100€12.3m€12.3m=
Reserves13€0.6m€0.6m▼
Non-distributable reserves130/1€0.01m€0.01m=
Legal reserve130€0.01m€0.01m=
Tax-exempt reserves132€0.6m€0.6m▼
Distributable reserves133€0.03m€0.03m=
Profit (loss) carried forward14-€7.0m-€8.2m▼
Provisions and deferred taxes16€0.2m€0.2m▼
Deferred taxes168€0.2m€0.2m▼
Amounts payable17/49€23.6m€23.7m▲
Amounts payable within one year42/48€23.4m€22.8m▼
Financial debts43€23.2m€22.6m▼
Other loans439€23.2m€22.6m▼
Trade debts44€0.1m€0.2m▲
Suppliers440/4€0.1m€0.2m▲
Advances received on contracts in progress46€0.009m-
Taxes, remuneration and social security45€0.04m€0.03m▼
Taxes450/3€0.02m€0.02m▼
Remuneration and social security454/9€0.02m€0.01m▼
Other amounts payable47/48€0.008m€0.008m▼
Accrued charges and deferred income492/3€0.2m€0.9m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.2m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.6m€0.6m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.1m-
Other operating charges640/8€0.06m€0.04m▼
Gross operating margin9900€0.8m€0.4m▼
Operating profit (loss)9901-€0.2m-€0.5m▼
Financial income75/76B€0.04m€0.04m▲
Recurring financial income75€0.04m€0.04m▲
Financial charges65/66B€0.8m€0.7m▼
Recurring financial charges65€0.8m€0.7m▼
Profit (loss) for the period before taxes9903-€1.0m-€1.2m▼
Transfer from deferred taxes780€0.3m€0.006m▼
Transfer to deferred taxes680€0.01m-
Income taxes67/77€0.002m€0.1m▲
Profit (loss) for the period9904-€0.7m-€1.3m▼
Transfer from tax-exempt reserves789€0.9m€0.02m▼
Transfer to tax-exempt reserves689€0.03m-
Profit (loss) for the period to be appropriated9905€0.2m-€1.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7.0m-€8.2m▼
Profit (loss) brought forward from the previous period14P-€7.2m-€7.0m▲
Social balance sheet
Average headcount (FTE)90874.04.0=

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€0.1m€0.1m€0.2m€0.2m€0.2m▼ 0.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.4m€0.4m€0.4m€0.4m€0.5m€0.6m€0.6m▲ 9.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0.01m€0.1m--
Other operating charges640/8---€0.06m€0.03m€0.06m€0.06m€0.04m▼ 28.1%
Gross operating margin9900€0.2m€0.4m€0.8m€0.9m€0.5m€0.6m€0.8m€0.4m▼ 46.2%
Operating profit (loss)9901-€0.4m-€0.3m€0.3m€0.3m-€0.1m-€0.09m-€0.2m-€0.5m▼ 178%
Financial income75/76B---€0.06m€0.04m€0.04m€0.04m€0.04m▲ 3.5%
Recurring financial income75€0.05m€0.06m€0.06m€0.06m€0.04m€0.04m€0.04m€0.04m▲ 3.5%
Financial charges65/66B---€0.1m€0.1m€0.6m€0.8m€0.7m▼ 12.2%
Recurring financial charges65€0.03m€0.06m€0.1m€0.1m€0.1m€0.6m€0.8m€0.7m▼ 12.2%
Profit (loss) for the period before taxes9903-€0.3m-€0.3m€0.2m€0.2m-€0.2m-€0.6m-€1.0m-€1.2m▼ 20.3%
Transfer from deferred taxes780---€0.006m€0.006m€0.006m€0.3m€0.006m▼ 98.3%
Transfer to deferred taxes680---€0.1m-€0.09m€0.01m--
Income taxes67/77€0.006m-€0.002m€0.001m-€0.003m€0.003m-€189€0.002m€0.1m▲ 79×
Profit (loss) for the period9904-€0.3m-€0.3m€0.04m€0.1m-€0.2m-€0.7m-€0.7m-€1.3m▼ 94.7%
Transfer from tax-exempt reserves789---€0.02m€0.02m€0.02m€0.9m€0.02m▼ 98.2%
Transfer to tax-exempt reserves689---€0.3m-€0.3m€0.03m--
Profit (loss) for the period to be appropriated9905-€0.3m-€0.3m-€0.6m-€0.1m-€0.2m-€1.0m€0.2m-€1.3m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€21.1m€24.4m€26.1m€27.7m€30.1m€29.5m€29.8m€28.7m▼ 3.8%
Fixed assets21/28€18.6m€20.2m€24.0m€25.3m€26.1m€26.5m€26.4m€26.1m▼ 1.1%
Tangible fixed assets22/27€18.1m€19.8m€23.6m€24.9m€25.7m€26.1m€26.0m€25.7m▼ 1.1%
Land and buildings22---€24.9m€25.6m€26.0m€25.6m€25.2m▼ 1.6%
Plant, machinery and equipment23---€0.004m€0.06m€0.05m€0.1m€0.2m▲ 49.4%
Furniture and vehicles24---€0.007m€0.1m€0.09m€0.2m€0.3m▲ 30.5%
Financial fixed assets28€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m▲ 0.5%
Current assets29/58€2.5m€4.2m€2.1m€2.4m€4.0m€3.0m€3.4m€2.6m▼ 25.1%
Amounts receivable within one year40/41€1.1m€1.0m€1.1m€1.2m€1.2m€1.3m€1.3m€1.3m▲ 3.2%
Trade receivables40---€0.1m€0.05m€0.1m€0.07m€0.06m▼ 3.4%
Other amounts receivable41---€1.1m€1.1m€1.2m€1.2m€1.3m▲ 3.5%
Current investments50/53€0.4m€0.4m€0.4m------
Cash at bank and in hand54/58€1.0m€2.7m€0.6m€1.1m€2.8m€1.6m€2.1m€1.2m▼ 43.4%
Deferred charges and accrued income490/1---€0.06m€0.06m€0.06m€0.06m€0.07m▲ 7.5%
Equity and liabilities
Total equity and liabilities10/49€21.1m€24.4m€26.1m€27.7m€30.1m€29.5m€29.8m€28.7m▼ 3.8%
Equity10/15€7.7m€7.4m€7.4m€7.6m€7.4m€6.7m€6.0m€4.7m▼ 21.4%
Contributions10/11€12.3m€12.3m€12.3m€12.3m€12.3m€12.3m€12.3m€12.3m=
Capital10---€12.3m€12.3m€12.3m€12.3m€12.3m=
Issued capital100---€12.3m€12.3m€12.3m€12.3m€12.3m=
Reserves13€0.4m€0.4m€1.0m€1.3m€1.3m€1.5m€0.6m€0.6m▼ 2.6%
Non-distributable reserves130/1---€0.01m€0.01m€0.01m€0.01m€0.01m=
Legal reserve130---€0.01m€0.01m€0.01m€0.01m€0.01m=
Tax-exempt reserves132---€1.2m€1.2m€1.5m€0.6m€0.6m▼ 2.8%
Distributable reserves133---€0.03m€0.03m€0.03m€0.03m€0.03m=
Profit (loss) carried forward14-€5.0m-€5.3m-€5.9m-€6.0m-€6.2m-€7.2m-€7.0m-€8.2m▼ 18.2%
Provisions and deferred taxes16€0.1m€0.1m€0.3m€0.4m€0.4m€0.5m€0.2m€0.2m▼ 2.8%
Deferred taxes168---€0.4m€0.4m€0.5m€0.2m€0.2m▼ 2.8%
Amounts payable17/49€13.3m€16.9m€18.3m€19.7m€22.4m€22.3m€23.6m€23.7m▲ 0.7%
Amounts payable after more than one year17€0.4m€0.2m€0.1m€0.03m-----
Financial debts170/4---€0.03m-----
Amounts payable within one year42/48€12.9m€16.6m€18.1m€19.6m€22.4m€21.7m€23.4m€22.8m▼ 2.4%
Current portion of amounts payable after more than one year42---€0.1m€0.03m----
Financial debts43---€19.2m€21.8m€21.6m€23.2m€22.6m▼ 2.5%
Other loans439---€19.2m€21.8m€21.6m€23.2m€22.6m▼ 2.5%
Trade debts44€0.05m€0.2m€0.4m€0.2m€0.5m€0.1m€0.1m€0.2m▲ 30.4%
Suppliers440/4---€0.2m€0.5m€0.1m€0.1m€0.2m▲ 30.4%
Advances received on contracts in progress46---€0.01m€0.02m€0.03m€0.009m--
Taxes, remuneration and social security45---€0.02m€0.05m€0.03m€0.04m€0.03m▼ 19.2%
Taxes450/3---€0.007m€0.04m€0.02m€0.02m€0.02m▼ 29.7%
Remuneration and social security454/9---€0.009m€0.008m€0.01m€0.02m€0.01m▼ 2.1%
Other amounts payable47/48-----€0.007m€0.008m€0.008m▼ 6.3%
Accrued charges and deferred income492/3---€0.1m-€0.6m€0.2m€0.9m▲ 315%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€0.3m-€0.3m€0.04m€0.1m-€0.2m-€0.7m-€0.7m-€1.3m▼ 94.7%
+ Depreciation and write-downs630€0.3m€0.4m€0.4m€0.4m€0.4m€0.5m€0.6m€0.6m▲ 9.1%
Operating cash flow (approximation)-€0.001m€0.06m€0.4m€0.6m€0.2m-€0.2m-€0.07m-€0.6m▼ 829%
Investment in fixed assets (approximation)--€2.0m-€4.1m-€1.8m-€1.2m-€0.8m-€0.5m-€0.4m▲ 22.0%
Change in cash-€1.7m-€2.1m€0.5m€1.7m-€1.2m€0.5m-€0.9m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 30-07-2026 2026-00358551 NBB
31-12-2024 abbreviated format 24-07-2025 2025-00312000 PDF
31-12-2023 abbreviated format 29-07-2024 2024-00305571 PDF
31-12-2022 abbreviated format 28-07-2023 2023-00298955 PDF
31-12-2021 abbreviated format 20-07-2022 2022-20206515 PDF
31-12-2020 abbreviated format 28-07-2021 2021-42800461 PDF
31-12-2019 abbreviated format 28-08-2020 2020-46200578 PDF
31-12-2018 abbreviated format 29-08-2019 2019-56400306 PDF
31-12-2017 abbreviated format 23-08-2018 2018-49100373 PDF
31-12-2016 abbreviated format 28-08-2017 2017-49700483 PDF

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