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BRUFIMO: 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.

What changed

BRUFIMO

BE 0429.589.640
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€19,602
2023 · €2,766-€22,368
Equity
€588,836
2023 · €608,438-€19,602
Cash
€23,106
2023 · €49,957-€26,851
Balance sheet total
€754,941
2023 · €829,339-€74,399

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€58,768

    down €58,768 (-7.6%), from €769,988 to €711,219

    of which Land and buildings: -€55,695

  • Cash -€26,851

    down €26,851 (-53.7%), from €49,957 to €23,106

    mainly Debts after one year (-€51,831) and Net result for the year (-€19,602)

  • Receivables within one year +€10,422

    new in 2024: €10,422

  • Deferred charges and accrued income +€8,830

    up €8,830 (+1220.0%), from €724 to €9,554

Equity and liabilities
  • Revaluation surpluses -€53,921

    down €53,921 (-10.9%), from €494,277 to €440,356

  • Debts after one year -€51,831

    down €51,831 (-35.7%), from €145,363 to €93,532

  • Profit (loss) carried forward +€34,319

    up €34,319 (+46.3%), from -€74,195 to -€39,876

Income statement
  • Gross operating margin -€92,392

    down €92,392 (-47.7%), from €193,755 to €101,363

  • Depreciation -€50,598

    down €50,598 (-47.6%), from €106,293 to €55,695

  • Other operating charges -€15,744

    down €15,744 (-26.9%), from €58,447 to €42,703

  • Financial charges -€8,267

    down €8,267 (-50.1%), from €16,511 to €8,243

  • Taxes +€3,763

    up €3,763 (+33.8%), from €11,120 to €14,883

From the 2023 result to the 2024 result

effect on the 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 2023 €2,766
Gross operating margin -€92,392
Depreciation +€50,598
Other operating charges +€15,744
Financial income -€823
Financial charges +€8,267
Taxes -€3,763
Result 2024 -€19,602

Cash bridge derived

cash 2023 to 2024

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.

From operations +€21,823
Investment +€3,073
Financing -€51,746
Cash 2023 €49,957
Net result for the year -€19,602
Depreciation +€55,695
Receivables after one year +€8,032
Receivables within one year -€10,422
Deferred charges and accrued income -€8,830
Trade debts -€4,773
Tax, wage and social debts +€3,373
Accrued charges and deferred income -€1,650
Investment in fixed assets (net) +€3,073
Debts after one year -€51,831
Current portion of long-term debt +€85
Cash 2024 €23,106
Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €829,339 €754,941 -€74,399 -9.0%
Fixed assets 21/28 €770,627 €711,858 -€58,768 -7.6%
Tangible fixed assets 22/27 €769,988 €711,219 -€58,768 -7.6%
Land and buildings 22 €766,915 €711,219 -€55,695 -7.3%
Other tangible fixed assets 26 €3,073 €0 -€3,073 -100.0%
Financial fixed assets 28 €639 €639 = 0.0%
Current assets 29/58 €58,712 €43,082 -€15,630 -26.6%
Amounts receivable after more than one year 29 €8,032 - -€8,032
Other amounts receivable 291 €8,032 - -€8,032
Amounts receivable within one year 40/41 - €10,422 +€10,422
Other amounts receivable 41 - €10,422 +€10,422
Cash at bank and in hand 54/58 €49,957 €23,106 -€26,851 -53.7%
Deferred charges and accrued income 490/1 €724 €9,554 +€8,830 +1220.0%
Total equity and liabilities 10/49 €829,339 €754,941 -€74,399 -9.0%
Equity 10/15 €608,438 €588,836 -€19,602 -3.2%
Contributions 10/11 €166,840 €166,840 = 0.0%
Capital 10 €166,840 €166,840 = 0.0%
Issued capital 100 €166,840 €166,840 = 0.0%
Revaluation surpluses 12 €494,277 €440,356 -€53,921 -10.9%
Reserves 13 €21,516 €21,516 = 0.0%
Non-distributable reserves 130/1 €21,516 €21,516 = 0.0%
Legal reserve 130 €21,516 €21,516 = 0.0%
Profit (loss) carried forward 14 -€74,195 -€39,876 +€34,319 +46.3%
Amounts payable 17/49 €220,901 €166,105 -€54,796 -24.8%
Amounts payable after more than one year 17 €145,363 €93,532 -€51,831 -35.7%
Financial debts 170/4 €145,363 €93,532 -€51,831 -35.7%
Amounts payable within one year 42/48 €72,688 €71,373 -€1,315 -1.8%
Current portion of amounts payable after more than one year 42 €51,746 €51,831 +€85 +0.2%
Trade debts 44 €9,822 €5,048 -€4,773 -48.6%
Suppliers 440/4 €9,822 €5,048 -€4,773 -48.6%
Taxes, remuneration and social security 45 €11,120 €14,494 +€3,373 +30.3%
Taxes 450/3 €11,120 €14,494 +€3,373 +30.3%
Accrued charges and deferred income 492/3 €2,850 €1,200 -€1,650 -57.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €106,293 €55,695 -€50,598 -47.6%
Other operating charges 640/8 €58,447 €42,703 -€15,744 -26.9%
Gross operating margin 9900 €193,755 €101,363 -€92,392 -47.7%
Operating profit (loss) 9901 €29,015 €2,965 -€26,050 -89.8%
Financial income 75/76B €1,382 €559 -€823 -59.5%
Recurring financial income 75 €1,382 €559 -€823 -59.5%
Financial charges 65/66B €16,511 €8,243 -€8,267 -50.1%
Recurring financial charges 65 €16,511 €8,243 -€8,267 -50.1%
Profit (loss) for the period before taxes 9903 €13,886 -€4,719 -€18,606
Income taxes 67/77 €11,120 €14,883 +€3,763 +33.8%
Profit (loss) for the period 9904 €2,766 -€19,602 -€22,368
Profit (loss) for the period to be appropriated 9905 €2,766 -€19,602 -€22,368

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 29 September 2026 via checked.be.