BRUMAN BEKE: 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.
BRUMAN BEKE
Largest movements
- Tangible fixed assets +€64,761
up €64,761 (+27.3%), from €237,456 to €302,217
of which Land and buildings: +€46,859
- Deferred charges and accrued income +€55,062
up €55,062 (+29.8%), from €184,870 to €239,931
- Intangible fixed assets +€45,650
new in 2025: €45,650
- Other debts +€60,607
up €60,607 (+4,992%), from €1,214 to €61,821
- Accrued charges and deferred income +€56,099
up €56,099 (+32.4%), from €173,398 to €229,497
- Debts after one year +€46,234
new in 2025: €46,234
- Profit (loss) carried forward -€30,388
down €30,388 (-13.7%), from €222,398 to €192,010
- Current portion of long-term debt +€12,408
up €12,408 (+3,670%), from €338 to €12,746
- Depreciation +€16,878
up €16,878 (+74.7%), from €22,600 to €39,479
- Taxes -€7,671
down €7,671 (-27.6%), from €27,826 to €20,155
- Gross operating margin +€6,286
up €6,286 (+5.0%), from €126,330 to €132,616
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.
Derived cash bridge
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 | €455,191 | €622,869 | +€167,678 | +36.8% |
| Fixed assets | 21/28 | €237,456 | €347,867 | +€110,411 | +46.5% |
| Intangible fixed assets | 21 | - | €45,650 | +€45,650 | |
| Tangible fixed assets | 22/27 | €237,456 | €302,217 | +€64,761 | +27.3% |
| Land and buildings | 22 | €224,302 | €271,161 | +€46,859 | +20.9% |
| Plant, machinery and equipment | 23 | - | €2,445 | +€2,445 | |
| Furniture and vehicles | 24 | €12,197 | €13,557 | +€1,360 | +11.1% |
| Other tangible fixed assets | 26 | €957 | €15,054 | +€14,097 | +1,474% |
| Current assets | 29/58 | €217,735 | €275,002 | +€57,267 | +26.3% |
| Amounts receivable within one year | 40/41 | €750 | - | -€750 | |
| Trade receivables | 40 | €750 | - | -€750 | |
| Cash at bank and in hand | 54/58 | €32,116 | €35,071 | +€2,955 | +9.2% |
| Deferred charges and accrued income | 490/1 | €184,870 | €239,931 | +€55,062 | +29.8% |
| Total equity and liabilities | 10/49 | €455,191 | €622,869 | +€167,678 | +36.8% |
| Equity | 10/15 | €236,658 | €212,470 | -€24,188 | -10.2% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €222,398 | €192,010 | -€30,388 | -13.7% |
| Amounts payable | 17/49 | €218,533 | €410,400 | +€191,866 | +87.8% |
| Amounts payable after more than one year | 17 | - | €46,234 | +€46,234 | |
| Financial debts | 170/4 | - | €46,234 | +€46,234 | |
| Amounts payable within one year | 42/48 | €45,135 | €134,669 | +€89,533 | +198% |
| Current portion of amounts payable after more than one year | 42 | €338 | €12,746 | +€12,408 | +3,670% |
| Trade debts | 44 | €9,883 | €16,947 | +€7,064 | +71.5% |
| Suppliers | 440/4 | €9,883 | €16,947 | +€7,064 | +71.5% |
| Taxes, remuneration and social security | 45 | €33,700 | €43,155 | +€9,455 | +28.1% |
| Taxes | 450/3 | €33,700 | €43,155 | +€9,455 | +28.1% |
| Other amounts payable | 47/48 | €1,214 | €61,821 | +€60,607 | +4,992% |
| Accrued charges and deferred income | 492/3 | €173,398 | €229,497 | +€56,099 | +32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,600 | €39,479 | +€16,878 | +74.7% |
| Other operating charges | 640/8 | €1,120 | €1,758 | +€638 | +56.9% |
| Gross operating margin | 9900 | €126,330 | €132,616 | +€6,286 | +5.0% |
| Operating profit (loss) | 9901 | €102,609 | €91,379 | -€11,230 | -10.9% |
| Financial income | 75/76B | €6 | €2 | -€4 | -63.7% |
| Recurring financial income | 75 | €6 | €2 | -€4 | -63.7% |
| Financial charges | 65/66B | €345 | €1,615 | +€1,270 | +368% |
| Recurring financial charges | 65 | €345 | €1,615 | +€1,270 | +368% |
| Profit (loss) for the period before taxes | 9903 | €102,269 | €89,767 | -€12,503 | -12.2% |
| Income taxes | 67/77 | €27,826 | €20,155 | -€7,671 | -27.6% |
| Profit (loss) for the period | 9904 | €74,444 | €69,612 | -€4,832 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,444 | €69,612 | -€4,832 | -6.5% |
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 30 October 2026 via checked.be.