BRINESAN: 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.
What changed
BRINESAN
NACE 01.500, Mixed farming
financial year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€475,660
2025 · €1.1m-€656,109
Equity
€29.9m
2025 · €29.4m+€475,660
Cash
€4.2m
2025 · €3.5m+€714,889
Balance sheet total
€30.0m
2025 · €29.5m+€500,158
Largest movements
Assets
- Cash +€714,889
up €714,889 (+20.3%), from €3.5m to €4.2m
mainly Net result for the year (+€475,660) and Depreciation (+€183,458)
Equity and liabilities
- Profit (loss) carried forward +€475,660
up €475,660 (+6.6%), from €7.2m to €7.6m
Income statement
- Financial income -€425,132
down €425,132 (-23.0%), from €1.9m to €1.4m
of which Non-recurring financial income: -€446,826
- Gross operating margin -€259,790
down €259,790 (-1428.6%), from -€18,185 to -€277,975
- Financial charges -€37,103
down €37,103 (-29.1%), from €127,658 to €90,555
of which Financial charges: -€53,800
- Staff costs +€13,246
up €13,246 (+4.3%), from €308,385 to €321,631
- Depreciation +€11,910
up €11,910 (+6.9%), from €171,547 to €183,458
From the 2025 result to the 2026 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.
Result 2025
€1.1m
Gross operating margin
-€259,790
Staff costs
-€13,246
Depreciation
-€11,910
Other operating charges
+€2,336
Other operating items
+€16,256
Financial income
-€425,132
Financial charges
+€37,103
Taxes
-€1,726
Result 2026
€475,660
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€798,432
Investment
-€83,543
Financing
€0
Cash 2025
€3.5m
From operations (derived)
+€798,432
Net result for the year
+€475,660
Depreciation
+€183,458
Stocks and contracts
-€3,275
Receivables within one year
+€118,415
Deferred charges and accrued income
-€324
Trade debts
+€35,885
Tax, wage and social debts
-€10,681
Advances received
-€3,000
Accrued charges and deferred income
+€2,294
Investment (derived)
-€83,543
Investment in fixed assets (net)
-€83,543
Cash 2026
€4.2m
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,456,552 | €29,956,710 | +€500,158 | +1.7% |
| Fixed assets | 21/28 | €25,408,414 | €25,308,499 | -€99,914 | -0.4% |
| Tangible fixed assets | 22/27 | €3,392,959 | €3,309,741 | -€83,218 | -2.5% |
| Land and buildings | 22 | €3,317,429 | €3,219,476 | -€97,953 | -3.0% |
| Plant, machinery and equipment | 23 | €27,768 | €20,972 | -€6,796 | -24.5% |
| Furniture and vehicles | 24 | €47,721 | €69,293 | +€21,572 | +45.2% |
| Other tangible fixed assets | 26 | €41 | €0 | -€41 | -100.0% |
| Financial fixed assets | 28 | €22,015,454 | €21,998,758 | -€16,696 | -0.1% |
| Current assets | 29/58 | €4,048,138 | €4,648,211 | +€600,073 | +14.8% |
| Stocks and contracts in progress | 3 | €16,776 | €20,051 | +€3,275 | +19.5% |
| Stocks | 30/36 | €16,776 | €20,051 | +€3,275 | +19.5% |
| Amounts receivable within one year | 40/41 | €491,334 | €372,919 | -€118,415 | -24.1% |
| Trade receivables | 40 | €119,127 | €3,067 | -€116,060 | -97.4% |
| Other amounts receivable | 41 | €372,206 | €369,851 | -€2,355 | -0.6% |
| Cash at bank and in hand | 54/58 | €3,526,521 | €4,241,410 | +€714,889 | +20.3% |
| Deferred charges and accrued income | 490/1 | €13,507 | €13,831 | +€324 | +2.4% |
| Total equity and liabilities | 10/49 | €29,456,552 | €29,956,710 | +€500,158 | +1.7% |
| Equity | 10/15 | €29,396,467 | €29,872,127 | +€475,660 | +1.6% |
| Contributions | 10/11 | €1,125,000 | €1,125,000 | = | 0.0% |
| Capital | 10 | €1,125,000 | €1,125,000 | = | 0.0% |
| Issued capital | 100 | €1,125,000 | €1,125,000 | = | 0.0% |
| Reserves | 13 | €21,112,500 | €21,112,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €112,500 | €112,500 | = | 0.0% |
| Legal reserve | 130 | €112,500 | €112,500 | = | 0.0% |
| Distributable reserves | 133 | €21,000,000 | €21,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,158,967 | €7,634,627 | +€475,660 | +6.6% |
| Amounts payable | 17/49 | €60,085 | €84,583 | +€24,498 | +40.8% |
| Amounts payable within one year | 42/48 | €50,293 | €72,496 | +€22,204 | +44.1% |
| Trade debts | 44 | €5,964 | €41,849 | +€35,885 | +601.7% |
| Suppliers | 440/4 | €5,964 | €41,849 | +€35,885 | +601.7% |
| Advances received on contracts in progress | 46 | €3,000 | €0 | -€3,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €41,329 | €30,647 | -€10,681 | -25.8% |
| Taxes | 450/3 | €11,957 | €3,250 | -€8,707 | -72.8% |
| Remuneration and social security | 454/9 | €29,371 | €27,397 | -€1,974 | -6.7% |
| Accrued charges and deferred income | 492/3 | €9,792 | €12,086 | +€2,294 | +23.4% |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | €308,385 | €321,631 | +€13,246 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,547 | €183,458 | +€11,910 | +6.9% |
| Other operating charges | 640/8 | €27,685 | €25,350 | -€2,336 | -8.4% |
| Non-recurring operating charges | 66A | €16,256 | €0 | -€16,256 | -100.0% |
| Gross operating margin | 9900 | -€18,185 | -€277,975 | -€259,790 | -1428.6% |
| Operating profit (loss) | 9901 | -€542,058 | -€808,413 | -€266,355 | -49.1% |
| Financial income | 75/76B | €1,850,496 | €1,425,365 | -€425,132 | -23.0% |
| Recurring financial income | 75 | €1,395,767 | €1,417,461 | +€21,694 | +1.6% |
| Non-recurring financial income | 76B | €454,730 | €7,904 | -€446,826 | -98.3% |
| Financial charges | 65/66B | €127,658 | €90,555 | -€37,103 | -29.1% |
| Recurring financial charges | 65 | €119,754 | €65,955 | -€53,800 | -44.9% |
| Non-recurring financial charges | 66B | €7,904 | €24,600 | +€16,696 | +211.2% |
| Profit (loss) for the period before taxes | 9903 | €1,180,780 | €526,397 | -€654,383 | -55.4% |
| Income taxes | 67/77 | €49,011 | €50,737 | +€1,726 | +3.5% |
| Profit (loss) for the period | 9904 | €1,131,769 | €475,660 | -€656,109 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,131,769 | €475,660 | -€656,109 | -58.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.