BRUMMELL: 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.
What changed
BRUMMELL
NACE 93.110, Operation of sports facilities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€55,054
2024 · -€3,354-€51,700
Equity
€1.1m
2024 · €1.2m-€55,054
Cash
€27,315
2024 · €13,558+€13,757
Balance sheet total
€1.8m
2024 · €1.9m-€68,131
Largest movements
Assets
- Tangible fixed assets -€66,299
down €66,299 (-3.6%), from €1.9m to €1.8m
of which Land and buildings: -€42,490
Equity and liabilities
- Reserves -€55,054
down €55,054 (-45.9%), from €119,881 to €64,826
of which Distributable reserves: -€77,221
Income statement
- Depreciation +€39,700
up €39,700 (+100.1%), from €39,648 to €79,348
- Gross operating margin -€12,919
down €12,919 (-6.3%), from €206,456 to €193,537
- Financial charges -€5,700
down €5,700 (-11.8%), from €48,286 to €42,586
- Staff costs +€5,517
up €5,517 (+5.1%), from €108,641 to €114,158
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.
Result 2024
-€3,354
Gross operating margin
-€12,919
Staff costs
-€5,517
Depreciation
-€39,700
Other operating charges
+€933
Financial income
-€231
Financial charges
+€5,700
Taxes
+€33
Result 2025
-€55,054
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.
From operations
+€26,805
Investment
-€13,048
Financing
€0
Cash 2024
€13,558
From operations (derived)
+€26,805
Net result for the year
-€55,054
Depreciation
+€79,348
Stocks and contracts
+€84
Receivables within one year
+€17,145
Deferred charges and accrued income
-€1,639
Trade debts
+€2,658
Tax, wage and social debts
-€2,122
Other debts
-€8,093
Accrued charges and deferred income
-€5,520
Investment (derived)
-€13,048
Investment in fixed assets (net)
-€13,048
Cash 2025
€27,315
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,912,951 | €1,844,820 | -€68,131 | -3.6% |
| Fixed assets | 21/28 | €1,854,924 | €1,788,625 | -€66,299 | -3.6% |
| Tangible fixed assets | 22/27 | €1,854,924 | €1,788,625 | -€66,299 | -3.6% |
| Land and buildings | 22 | €1,722,752 | €1,680,261 | -€42,490 | -2.5% |
| Plant, machinery and equipment | 23 | €121,783 | €97,068 | -€24,715 | -20.3% |
| Furniture and vehicles | 24 | €10,389 | €11,296 | +€907 | +8.7% |
| Current assets | 29/58 | €58,027 | €56,194 | -€1,832 | -3.2% |
| Stocks and contracts in progress | 3 | €3,850 | €3,766 | -€84 | -2.2% |
| Stocks | 30/36 | €3,850 | €3,766 | -€84 | -2.2% |
| Amounts receivable within one year | 40/41 | €34,033 | €16,889 | -€17,145 | -50.4% |
| Trade receivables | 40 | €23,195 | €15,822 | -€7,373 | -31.8% |
| Other amounts receivable | 41 | €10,838 | €1,067 | -€9,771 | -90.2% |
| Cash at bank and in hand | 54/58 | €13,558 | €27,315 | +€13,757 | +101.5% |
| Deferred charges and accrued income | 490/1 | €6,586 | €8,225 | +€1,639 | +24.9% |
| Total equity and liabilities | 10/49 | €1,912,951 | €1,844,820 | -€68,131 | -3.6% |
| Equity | 10/15 | €1,191,670 | €1,136,616 | -€55,054 | -4.6% |
| Contributions | 10/11 | €1,071,789 | €1,071,789 | = | 0.0% |
| Reserves | 13 | €119,881 | €64,826 | -€55,054 | -45.9% |
| Non-distributable reserves | 130/1 | - | €22,167 | +€22,167 | |
| Reserves not available under the articles | 1311 | - | €22,167 | +€22,167 | |
| Tax-exempt reserves | 132 | €18,253 | €18,253 | = | 0.0% |
| Distributable reserves | 133 | €101,628 | €24,407 | -€77,221 | -76.0% |
| Amounts payable | 17/49 | €721,281 | €708,204 | -€13,077 | -1.8% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,281 | €65,724 | -€7,557 | -10.3% |
| Trade debts | 44 | €5,732 | €8,390 | +€2,658 | +46.4% |
| Suppliers | 440/4 | €5,732 | €8,390 | +€2,658 | +46.4% |
| Taxes, remuneration and social security | 45 | €17,939 | €15,817 | -€2,122 | -11.8% |
| Taxes | 450/3 | €5,397 | €2,909 | -€2,488 | -46.1% |
| Remuneration and social security | 454/9 | €12,542 | €12,908 | +€366 | +2.9% |
| Other amounts payable | 47/48 | €49,610 | €41,517 | -€8,093 | -16.3% |
| Accrued charges and deferred income | 492/3 | €48,000 | €42,480 | -€5,520 | -11.5% |
| Remuneration, social security and pensions | 62 | €108,641 | €114,158 | +€5,517 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,648 | €79,348 | +€39,700 | +100.1% |
| Other operating charges | 640/8 | €13,005 | €12,072 | -€933 | -7.2% |
| Gross operating margin | 9900 | €206,456 | €193,537 | -€12,919 | -6.3% |
| Operating profit (loss) | 9901 | €45,162 | -€12,041 | -€57,202 | |
| Financial income | 75/76B | €280 | €49 | -€231 | -82.4% |
| Recurring financial income | 75 | €280 | €49 | -€231 | -82.4% |
| Financial charges | 65/66B | €48,286 | €42,586 | -€5,700 | -11.8% |
| Recurring financial charges | 65 | €48,286 | €42,586 | -€5,700 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,844 | -€54,577 | -€51,733 | -1818.9% |
| Income taxes | 67/77 | €510 | €477 | -€33 | -6.5% |
| Profit (loss) for the period | 9904 | -€3,354 | -€55,054 | -€51,700 | -1541.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,354 | -€55,054 | -€51,700 | -1541.5% |
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 30 September 2026 via checked.be.