Brubas: 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.
Brubas
Largest movements
- Tangible fixed assets -€22,958
down €22,958 (-40.0%), from €57,388 to €34,430
of which Other tangible fixed assets: -€19,426
- Receivables within one year -€11,751
down €11,751 (-59.0%), from €19,905 to €8,154
of which Trade receivables: -€16,735
- Cash +€11,162
up €11,162 (+8.4%), from €132,718 to €143,880
mainly Depreciation (+€29,327) and Net result for the year (+€28,972)
- Receivables after one year -€9,500
down €9,500 (-100%), from €9,500 to €0
- Reserves -€26,138
down €26,138 (-18.1%), from €144,517 to €118,378
of which Distributable reserves: -€26,138
- Debts after one year -€17,093
down €17,093 (-90.4%), from €18,910 to €1,817
- Trade debts +€11,884
up €11,884 (+99.0%), from €12,003 to €23,887
- Current portion of long-term debt -€3,565
down €3,565 (-17.3%), from €20,658 to €17,093
- Other debts +€2,646
up €2,646, from €0 to €2,646
- Gross operating margin -€102,188
down €102,188 (-28.0%), from €365,300 to €263,112
- Taxes -€26,852
down €26,852 (-65.8%), from €40,831 to €13,979
- Staff costs -€12,332
down €12,332 (-6.4%), from €192,864 to €180,532
- Depreciation -€4,798
down €4,798 (-14.1%), from €34,125 to €29,327
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 | €260,007 | €226,756 | -€33,251 | -12.8% |
| Fixed assets | 21/28 | €64,558 | €41,040 | -€23,518 | -36.4% |
| Intangible fixed assets | 21 | €1,470 | €910 | -€560 | -38.1% |
| Tangible fixed assets | 22/27 | €57,388 | €34,430 | -€22,958 | -40.0% |
| Plant, machinery and equipment | 23 | €27,383 | €29,238 | +€1,854 | +6.8% |
| Furniture and vehicles | 24 | €5,386 | €0 | -€5,386 | -100% |
| Other tangible fixed assets | 26 | €24,618 | €5,192 | -€19,426 | -78.9% |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €195,449 | €185,716 | -€9,733 | -5.0% |
| Amounts receivable after more than one year | 29 | €9,500 | €0 | -€9,500 | -100% |
| Other amounts receivable | 291 | €9,500 | €0 | -€9,500 | -100% |
| Stocks and contracts in progress | 3 | €30,230 | €32,063 | +€1,832 | +6.1% |
| Stocks | 30/36 | €30,230 | €32,063 | +€1,832 | +6.1% |
| Amounts receivable within one year | 40/41 | €19,905 | €8,154 | -€11,751 | -59.0% |
| Trade receivables | 40 | €16,985 | €250 | -€16,735 | -98.5% |
| Other amounts receivable | 41 | €2,920 | €7,904 | +€4,984 | +171% |
| Cash at bank and in hand | 54/58 | €132,718 | €143,880 | +€11,162 | +8.4% |
| Deferred charges and accrued income | 490/1 | €3,096 | €1,619 | -€1,478 | -47.7% |
| Total equity and liabilities | 10/49 | €260,007 | €226,756 | -€33,251 | -12.8% |
| Equity | 10/15 | €144,517 | €118,378 | -€26,138 | -18.1% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €144,517 | €118,378 | -€26,138 | -18.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €144,517 | €118,378 | -€26,138 | -18.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €115,491 | €108,378 | -€7,113 | -6.2% |
| Amounts payable after more than one year | 17 | €18,910 | €1,817 | -€17,093 | -90.4% |
| Financial debts | 170/4 | €18,910 | €1,817 | -€17,093 | -90.4% |
| Amounts payable within one year | 42/48 | €93,297 | €104,416 | +€11,118 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €20,658 | €17,093 | -€3,565 | -17.3% |
| Trade debts | 44 | €12,003 | €23,887 | +€11,884 | +99.0% |
| Suppliers | 440/4 | €12,003 | €23,887 | +€11,884 | +99.0% |
| Advances received on contracts in progress | 46 | €28,741 | €28,566 | -€176 | -0.6% |
| Taxes, remuneration and social security | 45 | €31,895 | €32,224 | +€329 | +1.0% |
| Taxes | 450/3 | €19,067 | €19,280 | +€212 | +1.1% |
| Remuneration and social security | 454/9 | €12,828 | €12,944 | +€116 | +0.9% |
| Other amounts payable | 47/48 | €0 | €2,646 | +€2,646 | |
| Accrued charges and deferred income | 492/3 | €3,283 | €2,145 | -€1,138 | -34.7% |
| Remuneration, social security and pensions | 62 | €192,864 | €180,532 | -€12,332 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,125 | €29,327 | -€4,798 | -14.1% |
| Other operating charges | 640/8 | €2,872 | €1,309 | -€1,563 | -54.4% |
| Gross operating margin | 9900 | €365,300 | €263,112 | -€102,188 | -28.0% |
| Operating profit (loss) | 9901 | €135,439 | €51,944 | -€83,495 | -61.6% |
| Financial income | 75/76B | €469 | €68 | -€401 | -85.5% |
| Recurring financial income | 75 | €469 | €68 | -€401 | -85.5% |
| Financial charges | 65/66B | €7,671 | €9,061 | +€1,390 | +18.1% |
| Recurring financial charges | 65 | €7,671 | €9,061 | +€1,390 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €128,237 | €42,951 | -€85,286 | -66.5% |
| Income taxes | 67/77 | €40,831 | €13,979 | -€26,852 | -65.8% |
| Profit (loss) for the period | 9904 | €87,406 | €28,972 | -€58,434 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €87,406 | €28,972 | -€58,434 | -66.9% |
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 18 October 2026 via checked.be.