BRUGMANN 297: what changed
What changed
BRUGMANN 297
filed annual accounts (NBB)
Net result for the year
-€102,831
2024 · -€118,318+€15,487
Equity
€75,129
2024 · €177,960-€102,831
Cash
€9,272
2024 · €4,538+€4,735
Balance sheet total
€1.9m
2024 · €2.0m-€83,158
Largest movements
Assets
- Tangible fixed assets -€87,743
down €87,743 (-4.5%), from €1.9m to €1.9m
Equity and liabilities
- Profit (loss) carried forward -€102,831
down €102,831 (-11.2%), from -€922,040 to -€1.0m
Income statement
- Gross operating margin +€15,154
up €15,154 (+60.9%), from -€24,872 to -€9,718
- Other operating charges -€348
down €348 (-6.2%), from €5,630 to €5,282
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€118,318
Gross operating margin
+€15,154
Depreciation
+€0
Other operating charges
+€348
Financial income
-€50
Financial charges
+€20
Taxes
+€15
Result 2025
-€102,831
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,735
Investment
€0
Financing
€0
Cash 2024
€4,538
From operations (derived)
+€4,735
Net result for the year
-€102,831
Depreciation
+€87,743
Deferred charges and accrued income
+€150
Trade debts
+€641
Other debts
+€20,000
Accrued charges and deferred income
-€968
Cash 2025
€9,272
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,012,459 | €1,929,301 | -€83,158 | -4.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,938,666 | €1,850,923 | -€87,743 | -4.5% |
| Tangible fixed assets | 22/27 | €1,938,666 | €1,850,923 | -€87,743 | -4.5% |
| Land and buildings | 22 | €1,340,556 | €1,298,706 | -€41,850 | -3.1% |
| Plant, machinery and equipment | 23 | €552,887 | €518,995 | -€33,891 | -6.1% |
| Furniture and vehicles | 24 | €45,223 | €33,222 | -€12,001 | -26.5% |
| Current assets | 29/58 | €73,793 | €78,378 | +€4,585 | +6.2% |
| Amounts receivable within one year | 40/41 | €68,183 | €68,183 | = | 0.0% |
| Trade receivables | 40 | €68,183 | €68,183 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,538 | €9,272 | +€4,735 | +104% |
| Deferred charges and accrued income | 490/1 | €1,072 | €923 | -€150 | -13.9% |
| Total equity and liabilities | 10/49 | €2,012,459 | €1,929,301 | -€83,158 | -4.1% |
| Equity | 10/15 | €177,960 | €75,129 | -€102,831 | -57.8% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€922,040 | -€1,024,871 | -€102,831 | -11.2% |
| Amounts payable | 17/49 | €1,834,499 | €1,854,172 | +€19,673 | +1.1% |
| Amounts payable within one year | 42/48 | €1,833,532 | €1,854,172 | +€20,641 | +1.1% |
| Trade debts | 44 | €7,662 | €8,303 | +€641 | +8.4% |
| Suppliers | 440/4 | €7,662 | €8,303 | +€641 | +8.4% |
| Other amounts payable | 47/48 | €1,825,870 | €1,845,870 | +€20,000 | +1.1% |
| Accrued charges and deferred income | 492/3 | €968 | €0 | -€968 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,743 | €87,743 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,630 | €5,282 | -€348 | -6.2% |
| Gross operating margin | 9900 | -€24,872 | -€9,718 | +€15,154 | +60.9% |
| Operating profit (loss) | 9901 | -€118,245 | -€102,743 | +€15,502 | +13.1% |
| Financial income | 75/76B | €70 | €20 | -€50 | -70.8% |
| Recurring financial income | 75 | €70 | €20 | -€50 | -70.8% |
| Financial charges | 65/66B | €123 | €103 | -€20 | -16.3% |
| Recurring financial charges | 65 | €123 | €103 | -€20 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€118,297 | -€102,825 | +€15,473 | +13.1% |
| Income taxes | 67/77 | €21 | €6 | -€15 | -70.8% |
| Profit (loss) for the period | 9904 | -€118,318 | -€102,831 | +€15,487 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,318 | -€102,831 | +€15,487 | +13.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.