BRUBEY: 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.
BRUBEY
Largest movements
- Cash +€68,074
up €68,074 (+33.0%), from €206,232 to €274,306
mainly Net result for the year (+€167,346) and Deferred charges and accrued income (+€34,817)
- Receivables within one year +€51,458
up €51,458 (+93.0%), from €55,339 to €106,797
of which Other amounts receivable: +€51,597
- Deferred charges and accrued income -€34,817
down €34,817 (-97.5%), from €35,719 to €902
- Tangible fixed assets -€11,673
down €11,673 (-46.6%), from €25,057 to €13,384
- Reserves +€167,346
up €167,346 (+88.5%), from €189,075 to €356,421
- Tax, wage and social debts -€53,839
down €53,839 (-60.4%), from €89,205 to €35,366
- Current portion of long-term debt -€41,667
no longer reported in 2025 (was €41,667)
- Taxes +€13,589
up €13,589 (+22.3%), from €60,888 to €74,477
- Gross operating margin -€9,271
down €9,271 (-3.5%), from €263,035 to €253,764
- Financial income +€3,437
new in 2025: €3,437
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.
Cash bridge derived
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 | €322,347 | €395,388 | +€73,041 | +22.7% |
| Fixed assets | 21/28 | €25,057 | €13,384 | -€11,673 | -46.6% |
| Tangible fixed assets | 22/27 | €25,057 | €13,384 | -€11,673 | -46.6% |
| Furniture and vehicles | 24 | €25,057 | €13,384 | -€11,673 | -46.6% |
| Current assets | 29/58 | €297,290 | €382,004 | +€84,714 | +28.5% |
| Amounts receivable within one year | 40/41 | €55,339 | €106,797 | +€51,458 | +93.0% |
| Trade receivables | 40 | €139 | - | -€139 | |
| Other amounts receivable | 41 | €55,200 | €106,797 | +€51,597 | +93.5% |
| Cash at bank and in hand | 54/58 | €206,232 | €274,306 | +€68,074 | +33.0% |
| Deferred charges and accrued income | 490/1 | €35,719 | €902 | -€34,817 | -97.5% |
| Total equity and liabilities | 10/49 | €322,347 | €395,388 | +€73,041 | +22.7% |
| Equity | 10/15 | €191,475 | €358,821 | +€167,346 | +87.4% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €189,075 | €356,421 | +€167,346 | +88.5% |
| Distributable reserves | 133 | €189,075 | €356,421 | +€167,346 | +88.5% |
| Amounts payable | 17/49 | €130,872 | €36,567 | -€94,305 | -72.1% |
| Amounts payable within one year | 42/48 | €130,872 | €36,567 | -€94,305 | -72.1% |
| Current portion of amounts payable after more than one year | 42 | €41,667 | - | -€41,667 | |
| Trade debts | 44 | - | €1,201 | +€1,201 | |
| Suppliers | 440/4 | - | €1,201 | +€1,201 | |
| Taxes, remuneration and social security | 45 | €89,205 | €35,366 | -€53,839 | -60.4% |
| Taxes | 450/3 | €89,205 | €35,366 | -€53,839 | -60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,889 | €11,673 | -€216 | -1.8% |
| Other operating charges | 640/8 | €1,148 | €2,575 | +€1,427 | +124.3% |
| Gross operating margin | 9900 | €263,035 | €253,764 | -€9,271 | -3.5% |
| Operating profit (loss) | 9901 | €249,998 | €239,516 | -€10,482 | -4.2% |
| Financial income | 75/76B | - | €3,437 | +€3,437 | |
| Recurring financial income | 75 | - | €3,437 | +€3,437 | |
| Financial charges | 65/66B | €332 | €1,130 | +€798 | +240.3% |
| Recurring financial charges | 65 | €332 | €1,130 | +€798 | +240.3% |
| Profit (loss) for the period before taxes | 9903 | €249,666 | €241,823 | -€7,843 | -3.1% |
| Income taxes | 67/77 | €60,888 | €74,477 | +€13,589 | +22.3% |
| Profit (loss) for the period | 9904 | €188,778 | €167,346 | -€21,432 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €188,778 | €167,346 | -€21,432 | -11.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.