BROUFA: what changed
Two fiscal 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.
BROUFA
Largest movements
- Tangible fixed assets +€49,691
up €49,691 (+37.1%), from €133,937 to €183,628
of which Assets under construction and advance payments: +€67,971
- Receivables after one year -€36,411
down €36,411 (-21.9%), from €166,624 to €130,213
- Cash -€33,115
down €33,115 (-86.1%), from €38,471 to €5,356
mainly Investment in fixed assets (net) (-€60,900) and Trade debts (-€17,583)
- Receivables within one year +€9,867
up €9,867 (+44.7%), from €22,097 to €31,964
of which Other amounts receivable: +€7,532
- Debts after one year +€23,183
up €23,183 (+5.4%), from €431,608 to €454,791
- Trade debts -€17,583
down €17,583 (-73.5%), from €23,920 to €6,337
- Tax, wage and social debts -€6,552
down €6,552 (-72.0%), from €9,102 to €2,550
- Other debts -€6,017
down €6,017 (-100.0%), from €6,017 to €0
- Financial charges -€15,155
down €15,155 (-95.6%), from €15,856 to €701
- Gross operating margin -€13,537
down €13,537 (-30.7%), from €44,041 to €30,504
- Financial income -€2,077
down €2,077 (-94.4%), from €2,199 to €122
- Depreciation +€1,192
up €1,192 (+11.9%), from €10,017 to €11,209
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €392,687 | €386,184 | -€6,504 | -1.7% |
| Fixed assets | 21/28 | €142,937 | €192,628 | +€49,691 | +34.8% |
| Tangible fixed assets | 22/27 | €133,937 | €183,628 | +€49,691 | +37.1% |
| Plant, machinery and equipment | 23 | €1,438 | €1,150 | -€288 | -20.0% |
| Furniture and vehicles | 24 | €60,638 | €35,887 | -€24,751 | -40.8% |
| Other tangible fixed assets | 26 | - | €6,759 | +€6,759 | |
| Assets under construction and advance payments | 27 | €71,861 | €139,832 | +€67,971 | +94.6% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €249,750 | €193,556 | -€56,195 | -22.5% |
| Amounts receivable after more than one year | 29 | €166,624 | €130,213 | -€36,411 | -21.9% |
| Other amounts receivable | 291 | €166,624 | €130,213 | -€36,411 | -21.9% |
| Amounts receivable within one year | 40/41 | €22,097 | €31,964 | +€9,867 | +44.7% |
| Trade receivables | 40 | €22,097 | €24,432 | +€2,335 | +10.6% |
| Other amounts receivable | 41 | €0 | €7,532 | +€7,532 | |
| Current investments | 50/53 | €20,026 | €20,111 | +€85 | +0.4% |
| Cash at bank and in hand | 54/58 | €38,471 | €5,356 | -€33,115 | -86.1% |
| Deferred charges and accrued income | 490/1 | €2,533 | €5,911 | +€3,379 | +133.4% |
| Total equity and liabilities | 10/49 | €392,687 | €386,184 | -€6,504 | -1.7% |
| Equity | 10/15 | -€77,960 | -€77,554 | +€406 | +0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,960 | -€97,554 | +€406 | +0.4% |
| Amounts payable | 17/49 | €470,647 | €463,737 | -€6,910 | -1.5% |
| Amounts payable after more than one year | 17 | €431,608 | €454,791 | +€23,183 | +5.4% |
| Other amounts payable | 178/9 | €431,608 | €454,791 | +€23,183 | +5.4% |
| Amounts payable within one year | 42/48 | €39,039 | €8,887 | -€30,152 | -77.2% |
| Trade debts | 44 | €23,920 | €6,337 | -€17,583 | -73.5% |
| Suppliers | 440/4 | €23,920 | €6,337 | -€17,583 | -73.5% |
| Taxes, remuneration and social security | 45 | €9,102 | €2,550 | -€6,552 | -72.0% |
| Taxes | 450/3 | €9,102 | €2,550 | -€6,552 | -72.0% |
| Other amounts payable | 47/48 | €6,017 | €0 | -€6,017 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | €59 | +€59 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€245 | €0 | +€245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,017 | €11,209 | +€1,192 | +11.9% |
| Other operating charges | 640/8 | €1,172 | €1,237 | +€65 | +5.5% |
| Non-recurring operating charges | 66A | €9,110 | €17,042 | +€7,932 | +87.1% |
| Gross operating margin | 9900 | €44,041 | €30,504 | -€13,537 | -30.7% |
| Operating profit (loss) | 9901 | €23,986 | €1,015 | -€22,971 | -95.8% |
| Financial income | 75/76B | €2,199 | €122 | -€2,077 | -94.4% |
| Recurring financial income | 75 | €2,199 | €122 | -€2,077 | -94.4% |
| Financial charges | 65/66B | €15,856 | €701 | -€15,155 | -95.6% |
| Recurring financial charges | 65 | €15,856 | €701 | -€15,155 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €10,329 | €436 | -€9,893 | -95.8% |
| Income taxes | 67/77 | - | €30 | +€30 | |
| Profit (loss) for the period | 9904 | €10,329 | €406 | -€9,923 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,329 | €406 | -€9,923 | -96.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.