BRU-PACK: 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.
BRU-PACK
Largest movements
- Receivables within one year -€273,084
down €273,084 (-70.7%), from €386,134 to €113,051
of which Trade receivables: -€278,364
- Stocks and contracts +€205,735
up €205,735 (+452%), from €45,535 to €251,269
- Cash +€9,317
up €9,317 (+109%), from €8,558 to €17,875
mainly Receivables within one year (+€273,084) and Trade debts (+€91,354)
- Tangible fixed assets -€6,011
down €6,011 (-24.0%), from €25,005 to €18,994
- Advances received -€161,433
no longer reported in 2024 (was €161,433)
- Trade debts +€91,354
up €91,354 (+81.4%), from €112,194 to €203,548
- Profit (loss) carried forward +€8,401
up €8,401 (+10.3%), from €81,521 to €89,922
- Tax, wage and social debts -€8,220
down €8,220 (-44.0%), from €18,695 to €10,476
of which Taxes: -€12,399
- Gross operating margin +€33,126
up €33,126 (+112%), from €29,466 to €62,592
- Financial charges +€19,504
up €19,504 (+719%), from €2,713 to €22,216
- Staff costs +€17,879
new in 2024: €17,879
- Depreciation +€2,342
up €2,342 (+24.9%), from €9,394 to €11,736
- Taxes -€1,177
down €1,177 (-31.5%), from €3,737 to €2,559
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.
Derived cash bridge
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 | €468,487 | €404,455 | -€64,032 | -13.7% |
| Fixed assets | 21/28 | €28,260 | €22,249 | -€6,011 | -21.3% |
| Tangible fixed assets | 22/27 | €25,005 | €18,994 | -€6,011 | -24.0% |
| Plant, machinery and equipment | 23 | €7,677 | €6,828 | -€849 | -11.1% |
| Furniture and vehicles | 24 | €11,455 | €8,720 | -€2,735 | -23.9% |
| Other tangible fixed assets | 26 | €5,873 | €3,447 | -€2,427 | -41.3% |
| Financial fixed assets | 28 | €3,255 | €3,255 | = | 0.0% |
| Current assets | 29/58 | €440,228 | €382,206 | -€58,022 | -13.2% |
| Stocks and contracts in progress | 3 | €45,535 | €251,269 | +€205,735 | +452% |
| Stocks | 30/36 | €45,535 | €251,269 | +€205,735 | +452% |
| Amounts receivable within one year | 40/41 | €386,134 | €113,051 | -€273,084 | -70.7% |
| Trade receivables | 40 | €375,020 | €96,656 | -€278,364 | -74.2% |
| Other amounts receivable | 41 | €11,114 | €16,395 | +€5,280 | +47.5% |
| Cash at bank and in hand | 54/58 | €8,558 | €17,875 | +€9,317 | +109% |
| Deferred charges and accrued income | 490/1 | - | €11 | +€11 | |
| Total equity and liabilities | 10/49 | €468,487 | €404,455 | -€64,032 | -13.7% |
| Equity | 10/15 | €101,057 | €109,458 | +€8,401 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €936 | €936 | = | 0.0% |
| Non-distributable reserves | 130/1 | €936 | €936 | = | 0.0% |
| Reserves not available under the articles | 1311 | €936 | €936 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,521 | €89,922 | +€8,401 | +10.3% |
| Amounts payable | 17/49 | €367,430 | €294,996 | -€72,433 | -19.7% |
| Amounts payable within one year | 42/48 | €363,180 | €288,621 | -€74,558 | -20.5% |
| Financial debts | 43 | €70,858 | €74,597 | +€3,740 | +5.3% |
| Credit institutions | 430/8 | €43,526 | €47,265 | +€3,740 | +8.6% |
| Other loans | 439 | €27,332 | €27,332 | = | 0.0% |
| Trade debts | 44 | €112,194 | €203,548 | +€91,354 | +81.4% |
| Suppliers | 440/4 | €112,194 | €203,548 | +€91,354 | +81.4% |
| Advances received on contracts in progress | 46 | €161,433 | - | -€161,433 | |
| Taxes, remuneration and social security | 45 | €18,695 | €10,476 | -€8,220 | -44.0% |
| Taxes | 450/3 | €18,695 | €6,296 | -€12,399 | -66.3% |
| Remuneration and social security | 454/9 | - | €4,180 | +€4,180 | |
| Accrued charges and deferred income | 492/3 | €4,250 | €6,375 | +€2,125 | +50.0% |
| Remuneration, social security and pensions | 62 | - | €17,879 | +€17,879 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,394 | €11,736 | +€2,342 | +24.9% |
| Other operating charges | 640/8 | €179 | €799 | +€620 | +347% |
| Gross operating margin | 9900 | €29,466 | €62,592 | +€33,126 | +112% |
| Operating profit (loss) | 9901 | €19,894 | €32,179 | +€12,285 | +61.8% |
| Financial income | 75/76B | €970 | €998 | +€27 | +2.8% |
| Recurring financial income | 75 | €970 | €998 | +€27 | +2.8% |
| Financial charges | 65/66B | €2,713 | €22,216 | +€19,504 | +719% |
| Recurring financial charges | 65 | €2,713 | €22,216 | +€19,504 | +719% |
| Profit (loss) for the period before taxes | 9903 | €18,152 | €10,960 | -€7,191 | -39.6% |
| Income taxes | 67/77 | €3,737 | €2,559 | -€1,177 | -31.5% |
| Profit (loss) for the period | 9904 | €14,415 | €8,401 | -€6,014 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,415 | €8,401 | -€6,014 | -41.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.