Brumarco: 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.
Brumarco
Largest movements
- Cash +€67,165
up €67,165 (+108.1%), from €62,154 to €129,320
mainly Depreciation (+€146,292) and Net result for the year (+€94,667)
- Tangible fixed assets -€66,637
down €66,637 (-2.5%), from €2.7m to €2.6m
of which Land and buildings: -€60,459
- Reserves +€94,667
up €94,667 (+7.6%), from €1.2m to €1.3m
of which Distributable reserves: +€99,474
- Debts after one year -€89,288
down €89,288 (-13.6%), from €655,895 to €566,607
of which Financial debts: -€89,288
- Gross operating margin +€54,918
up €54,918 (+19.5%), from €281,574 to €336,492
- Provisions +€20,000
up €20,000 (+44.4%), from -€45,000 to -€25,000
- Taxes +€11,613
up €11,613 (+65.3%), from €17,798 to €29,411
- Write-downs +€11,232
up €11,232, from -€11,232 to €0
- Financial charges -€5,784
down €5,784 (-10.1%), from €57,433 to €51,648
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 | €2,746,079 | €2,747,776 | +€1,697 | +0.1% |
| Fixed assets | 21/28 | €2,657,461 | €2,590,824 | -€66,637 | -2.5% |
| Tangible fixed assets | 22/27 | €2,654,333 | €2,587,695 | -€66,637 | -2.5% |
| Land and buildings | 22 | €2,620,356 | €2,559,897 | -€60,459 | -2.3% |
| Furniture and vehicles | 24 | €3,755 | €1,521 | -€2,234 | -59.5% |
| Other tangible fixed assets | 26 | €30,221 | €26,278 | -€3,944 | -13.0% |
| Financial fixed assets | 28 | €3,129 | €3,129 | = | 0.0% |
| Current assets | 29/58 | €88,618 | €156,952 | +€68,335 | +77.1% |
| Amounts receivable within one year | 40/41 | €18,966 | €20,391 | +€1,425 | +7.5% |
| Other amounts receivable | 41 | €18,966 | €20,391 | +€1,425 | +7.5% |
| Cash at bank and in hand | 54/58 | €62,154 | €129,320 | +€67,165 | +108.1% |
| Deferred charges and accrued income | 490/1 | €7,497 | €7,241 | -€256 | -3.4% |
| Total equity and liabilities | 10/49 | €2,746,079 | €2,747,776 | +€1,697 | +0.1% |
| Equity | 10/15 | €1,298,413 | €1,416,902 | +€118,490 | +9.1% |
| Contributions | 10/11 | €46,467 | €46,467 | = | 0.0% |
| Revaluation surpluses | 12 | €10,386 | €10,386 | = | 0.0% |
| Reserves | 13 | €1,241,559 | €1,336,227 | +€94,667 | +7.6% |
| Tax-exempt reserves | 132 | €91,765 | €86,957 | -€4,807 | -5.2% |
| Distributable reserves | 133 | €1,149,795 | €1,249,269 | +€99,474 | +8.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | - | €23,823 | +€23,823 | |
| Provisions and deferred taxes | 16 | €90,588 | €63,986 | -€26,602 | -29.4% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €35,000 | -€25,000 | -41.7% |
| Major repairs and maintenance | 162 | €60,000 | €35,000 | -€25,000 | -41.7% |
| Deferred taxes | 168 | €30,588 | €28,986 | -€1,602 | -5.2% |
| Amounts payable | 17/49 | €1,357,078 | €1,266,888 | -€90,190 | -6.6% |
| Amounts payable after more than one year | 17 | €655,895 | €566,607 | -€89,288 | -13.6% |
| Financial debts | 170/4 | €654,185 | €564,897 | -€89,288 | -13.6% |
| Other amounts payable | 178/9 | €1,710 | €1,710 | = | 0.0% |
| Amounts payable within one year | 42/48 | €651,608 | €654,058 | +€2,451 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €98,932 | €89,288 | -€9,644 | -9.7% |
| Trade debts | 44 | €9,152 | €8,422 | -€730 | -8.0% |
| Suppliers | 440/4 | €9,152 | €8,422 | -€730 | -8.0% |
| Taxes, remuneration and social security | 45 | €20,588 | €24,022 | +€3,434 | +16.7% |
| Taxes | 450/3 | €20,588 | €24,022 | +€3,434 | +16.7% |
| Other amounts payable | 47/48 | €522,936 | €532,326 | +€9,391 | +1.8% |
| Accrued charges and deferred income | 492/3 | €49,575 | €46,223 | -€3,353 | -6.8% |
| Non-recurring operating income | 76A | - | €23,784 | +€23,784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,759 | €146,292 | -€467 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€11,232 | €0 | +€11,232 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€45,000 | -€25,000 | +€20,000 | +44.4% |
| Other operating charges | 640/8 | €47,690 | €42,453 | -€5,237 | -11.0% |
| Gross operating margin | 9900 | €281,574 | €336,492 | +€54,918 | +19.5% |
| Operating profit (loss) | 9901 | €143,357 | €172,747 | +€29,390 | +20.5% |
| Financial income | 75/76B | €1,995 | €1,377 | -€617 | -30.9% |
| Recurring financial income | 75 | €1,995 | €1,377 | -€617 | -30.9% |
| Financial charges | 65/66B | €57,433 | €51,648 | -€5,784 | -10.1% |
| Recurring financial charges | 65 | €57,433 | €51,648 | -€5,784 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €87,919 | €122,476 | +€34,557 | +39.3% |
| Transfer from deferred taxes | 780 | €1,602 | €1,602 | = | 0.0% |
| Income taxes | 67/77 | €17,798 | €29,411 | +€11,613 | +65.3% |
| Profit (loss) for the period | 9904 | €71,724 | €94,667 | +€22,944 | +32.0% |
| Transfer from tax-exempt reserves | 789 | €4,807 | €4,807 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,531 | €99,474 | +€22,944 | +30.0% |
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 5 October 2026 via checked.be.