BRUMI: 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.
BRUMI
Largest movements
- Receivables within one year +€231,088
up €231,088 (+686.3%), from €33,673 to €264,761
of which Trade receivables: +€239,220
- Stocks and contracts -€132,644
down €132,644 (-100.0%), from €132,644 to €0
- Cash +€113,295
up €113,295 (+243.4%), from €46,554 to €159,849
mainly Net result for the year (+€197,167) and Stocks and contracts (+€132,644)
- Tangible fixed assets -€26,430
down €26,430 (-8.7%), from €303,793 to €277,364
of which Land and buildings: -€20,644
- Profit (loss) carried forward +€197,167
up €197,167 (+172.0%), from €114,621 to €311,788
- Tax, wage and social debts +€69,226
up €69,226 (+409.2%), from €16,919 to €86,146
of which Taxes: +€76,511
- Trade debts -€47,895
down €47,895 (-95.3%), from €50,256 to €2,360
- Debts after one year -€33,945
down €33,945 (-18.8%), from €180,928 to €146,982
- Gross operating margin +€254,601
up €254,601 (+302.8%), from €84,076 to €338,677
- Taxes +€69,372
up €69,372 (+1770.7%), from €3,918 to €73,290
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 | €520,597 | €703,639 | +€183,042 | +35.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €303,913 | €277,484 | -€26,430 | -8.7% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €303,793 | €277,364 | -€26,430 | -8.7% |
| Land and buildings | 22 | €293,502 | €272,857 | -€20,644 | -7.0% |
| Plant, machinery and equipment | 23 | €9,661 | €4,435 | -€5,226 | -54.1% |
| Furniture and vehicles | 24 | €630 | €71 | -€559 | -88.7% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €216,684 | €426,155 | +€209,472 | +96.7% |
| Stocks and contracts in progress | 3 | €132,644 | €0 | -€132,644 | -100.0% |
| Stocks | 30/36 | €132,644 | €0 | -€132,644 | -100.0% |
| Amounts receivable within one year | 40/41 | €33,673 | €264,761 | +€231,088 | +686.3% |
| Trade receivables | 40 | €25,541 | €264,761 | +€239,220 | +936.6% |
| Other amounts receivable | 41 | €8,132 | €0 | -€8,132 | -100.0% |
| Cash at bank and in hand | 54/58 | €46,554 | €159,849 | +€113,295 | +243.4% |
| Deferred charges and accrued income | 490/1 | €3,813 | €1,546 | -€2,268 | -59.5% |
| Total equity and liabilities | 10/49 | €520,597 | €703,639 | +€183,042 | +35.2% |
| Equity | 10/15 | €216,578 | €410,803 | +€194,225 | +89.7% |
| Contributions | 10/11 | €54,000 | €54,000 | = | 0.0% |
| Reserves | 13 | €5,400 | €5,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,400 | €5,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €5,400 | +€5,400 | |
| Other | 1319 | €5,400 | - | -€5,400 | |
| Profit (loss) carried forward | 14 | €114,621 | €311,788 | +€197,167 | +172.0% |
| Investment grants | 15 | €42,557 | €39,615 | -€2,942 | -6.9% |
| Amounts payable | 17/49 | €304,019 | €292,836 | -€11,183 | -3.7% |
| Amounts payable after more than one year | 17 | €180,928 | €146,982 | -€33,945 | -18.8% |
| Financial debts | 170/4 | €180,928 | €146,982 | -€33,945 | -18.8% |
| Amounts payable within one year | 42/48 | €123,091 | €145,854 | +€22,762 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €30,896 | €32,327 | +€1,431 | +4.6% |
| Trade debts | 44 | €50,256 | €2,360 | -€47,895 | -95.3% |
| Suppliers | 440/4 | €50,256 | €2,360 | -€47,895 | -95.3% |
| Taxes, remuneration and social security | 45 | €16,919 | €86,146 | +€69,226 | +409.2% |
| Taxes | 450/3 | €9,634 | €86,146 | +€76,511 | +794.2% |
| Remuneration and social security | 454/9 | €7,285 | €0 | -€7,285 | -100.0% |
| Other amounts payable | 47/48 | €25,021 | €25,021 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,140 | +€1,140 | |
| Remuneration, social security and pensions | 62 | €29,432 | €30,729 | +€1,297 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,988 | €22,117 | -€870 | -3.8% |
| Other operating charges | 640/8 | €5,215 | €6,804 | +€1,589 | +30.5% |
| Non-recurring operating charges | 66A | - | €2,305 | +€2,305 | |
| Gross operating margin | 9900 | €84,076 | €338,677 | +€254,601 | +302.8% |
| Operating profit (loss) | 9901 | €26,441 | €276,721 | +€250,280 | +946.5% |
| Financial income | 75/76B | €2,943 | €3,385 | +€442 | +15.0% |
| Recurring financial income | 75 | €2,943 | €3,385 | +€442 | +15.0% |
| Financial charges | 65/66B | €9,629 | €9,650 | +€21 | +0.2% |
| Recurring financial charges | 65 | €9,629 | €9,650 | +€21 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €19,756 | €270,457 | +€250,701 | +1269.0% |
| Income taxes | 67/77 | €3,918 | €73,290 | +€69,372 | +1770.7% |
| Profit (loss) for the period | 9904 | €15,838 | €197,167 | +€181,329 | +1144.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,838 | €197,167 | +€181,329 | +1144.9% |
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 8 October 2026 via checked.be.