BRUGIM: 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.
BRUGIM
Largest movements
- Tangible fixed assets -€38,603
down €38,603 (-2.6%), from €1.5m to €1.5m
of which Land and buildings: -€39,619
- Other debts -€23,847
down €23,847 (-4.8%), from €492,474 to €468,627
- Debts after one year -€18,984
down €18,984 (-4.3%), from €446,459 to €427,475
No income-statement line moved by more than 1% of the activity.
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 | €1,517,620 | €1,476,387 | -€41,233 | -2.7% |
| Fixed assets | 21/28 | €1,511,192 | €1,472,589 | -€38,603 | -2.6% |
| Tangible fixed assets | 22/27 | €1,511,192 | €1,472,589 | -€38,603 | -2.6% |
| Land and buildings | 22 | €1,511,140 | €1,471,521 | -€39,619 | -2.6% |
| Furniture and vehicles | 24 | €52 | €1,068 | +€1,016 | +1953.8% |
| Current assets | 29/58 | €6,428 | €3,798 | -€2,630 | -40.9% |
| Amounts receivable within one year | 40/41 | €3,321 | €289 | -€3,032 | -91.3% |
| Trade receivables | 40 | €3,321 | €185 | -€3,136 | -94.4% |
| Other amounts receivable | 41 | - | €104 | +€104 | |
| Cash at bank and in hand | 54/58 | €3,107 | €3,509 | +€402 | +12.9% |
| Total equity and liabilities | 10/49 | €1,517,620 | €1,476,387 | -€41,233 | -2.7% |
| Equity | 10/15 | €526,214 | €538,419 | +€12,205 | +2.3% |
| Contributions | 10/11 | €565,000 | €565,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,786 | -€26,581 | +€12,205 | +31.5% |
| Amounts payable | 17/49 | €991,406 | €937,968 | -€53,438 | -5.4% |
| Amounts payable after more than one year | 17 | €446,459 | €427,475 | -€18,984 | -4.3% |
| Financial debts | 170/4 | €446,459 | €427,475 | -€18,984 | -4.3% |
| Amounts payable within one year | 42/48 | €536,146 | €502,368 | -€33,778 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €40,088 | €28,107 | -€11,981 | -29.9% |
| Trade debts | 44 | €3,466 | €5,634 | +€2,168 | +62.6% |
| Suppliers | 440/4 | €3,466 | €5,634 | +€2,168 | +62.6% |
| Taxes, remuneration and social security | 45 | €118 | - | -€118 | |
| Taxes | 450/3 | €118 | - | -€118 | |
| Other amounts payable | 47/48 | €492,474 | €468,627 | -€23,847 | -4.8% |
| Accrued charges and deferred income | 492/3 | €8,801 | €8,125 | -€676 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,780 | €41,155 | +€375 | +0.9% |
| Other operating charges | 640/8 | €11,139 | €11,612 | +€473 | +4.2% |
| Non-recurring operating charges | 66A | €166 | €239 | +€73 | +44.0% |
| Gross operating margin | 9900 | €83,260 | €83,411 | +€151 | +0.2% |
| Operating profit (loss) | 9901 | €31,175 | €30,405 | -€770 | -2.5% |
| Financial charges | 65/66B | €18,729 | €18,200 | -€529 | -2.8% |
| Recurring financial charges | 65 | €18,729 | €18,200 | -€529 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €12,446 | €12,205 | -€241 | -1.9% |
| Profit (loss) for the period | 9904 | €12,446 | €12,205 | -€241 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,446 | €12,205 | -€241 | -1.9% |
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 3 October 2026 via checked.be.