BRUGOCA IMMO: 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.
BRUGOCA IMMO
Largest movements
- Stocks and contracts +€1.5m
up €1.5m (+54.6%), from €2.8m to €4.4m
- Cash -€55,821
down €55,821 (-26.8%), from €207,981 to €152,160
mainly Stocks and contracts (-€1.5m) and Net result for the year (-€116,550)
- Debts after one year +€1.5m
up €1.5m (+125.0%), from €1.2m to €2.7m
- Profit (loss) carried forward -€116,550
down €116,550 (-37.5%), from -€311,105 to -€427,655
- Gross operating margin +€24,159
up €24,159 (+62.4%), from -€38,697 to -€14,538
- Other operating charges -€23,835
down €23,835 (-94.9%), from €25,111 to €1,276
- Financial charges +€1,602
up €1,602 (+1.6%), from €99,142 to €100,745
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 | €3,110,693 | €4,595,452 | +€1.5m | +47.7% |
| Current assets | 29/58 | €3,110,693 | €4,595,452 | +€1.5m | +47.7% |
| Stocks and contracts in progress | 3 | €2,831,266 | €4,376,757 | +€1.5m | +54.6% |
| Stocks | 30/36 | €2,831,266 | €4,376,757 | +€1.5m | +54.6% |
| Amounts receivable within one year | 40/41 | €182 | €7,298 | +€7,116 | +3919.0% |
| Trade receivables | 40 | €182 | €7,298 | +€7,116 | +3919.0% |
| Cash at bank and in hand | 54/58 | €207,981 | €152,160 | -€55,821 | -26.8% |
| Deferred charges and accrued income | 490/1 | €71,264 | €59,237 | -€12,027 | -16.9% |
| Total equity and liabilities | 10/49 | €3,110,693 | €4,595,452 | +€1.5m | +47.7% |
| Equity | 10/15 | -€59,105 | -€175,655 | -€116,550 | -197.2% |
| Contributions | 10/11 | €252,000 | €252,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€311,105 | -€427,655 | -€116,550 | -37.5% |
| Amounts payable | 17/49 | €3,169,798 | €4,771,107 | +€1.6m | +50.5% |
| Amounts payable after more than one year | 17 | €1,200,000 | €2,700,000 | +€1.5m | +125.0% |
| Financial debts | 170/4 | €1,200,000 | €2,700,000 | +€1.5m | +125.0% |
| Amounts payable within one year | 42/48 | €1,906,487 | €1,974,915 | +€68,428 | +3.6% |
| Financial debts | 43 | €1,580,000 | €1,580,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,580,000 | €1,580,000 | = | 0.0% |
| Trade debts | 44 | €28,282 | €71,710 | +€43,428 | +153.6% |
| Suppliers | 440/4 | €28,282 | €71,710 | +€43,428 | +153.6% |
| Advances received on contracts in progress | 46 | €52,508 | €52,508 | = | 0.0% |
| Other amounts payable | 47/48 | €245,697 | €270,697 | +€25,000 | +10.2% |
| Accrued charges and deferred income | 492/3 | €63,312 | €96,193 | +€32,881 | +51.9% |
| Other operating charges | 640/8 | €25,111 | €1,276 | -€23,835 | -94.9% |
| Gross operating margin | 9900 | -€38,697 | -€14,538 | +€24,159 | +62.4% |
| Operating profit (loss) | 9901 | -€63,809 | -€15,815 | +€47,994 | +75.2% |
| Financial income | 75/76B | €0 | €9 | +€9 | +8109.1% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +8109.1% |
| Financial charges | 65/66B | €99,142 | €100,745 | +€1,602 | +1.6% |
| Recurring financial charges | 65 | €99,142 | €100,745 | +€1,602 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€162,951 | -€116,550 | +€46,400 | +28.5% |
| Profit (loss) for the period | 9904 | -€162,951 | -€116,550 | +€46,400 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€162,951 | -€116,550 | +€46,400 | +28.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.