BRUMMO: 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
BRUMMO
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€427,744
2024 · €867,952-€1.3m
Equity
€21.1m
2024 · €21.5m-€427,744
Cash
€824,301
2024 · €660,177+€164,124
Balance sheet total
€39.7m
2024 · €40.0m-€249,907
Largest movements
Assets
- Stocks and contracts -€880,464
down €880,464 (-9.4%), from €9.4m to €8.5m
- Financial fixed assets +€453,878
up €453,878 (+1.6%), from €27.8m to €28.3m
Equity and liabilities
- Profit (loss) carried forward -€427,744
down €427,744 (-7.4%), from €5.8m to €5.3m
Income statement
- Gross operating margin -€1.4m
down €1.4m (-71.1%), from €2.0m to €568,241
- Provisions +€110,024
new in 2025: €110,024
- Staff costs -€107,539
down €107,539 (-27.3%), from €393,791 to €286,253
- Other operating charges -€63,868
down €63,868 (-60.9%), from €104,907 to €41,039
- Financial income +€44,091
up €44,091 (+40.7%), from €108,269 to €152,361
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
€867,952
Gross operating margin
-€1.4m
Staff costs
+€107,539
Depreciation
-€4,726
Provisions
-€110,024
Other operating charges
+€63,868
Financial income
+€44,091
Financial charges
+€1,859
Taxes
+€749
Result 2025
-€427,744
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
+€575,354
Investment
-€485,147
Financing
+€73,916
Cash 2024
€660,177
From operations (derived)
+€575,354
Net result for the year
-€427,744
Depreciation
+€43,417
Receivables after one year
+€6,180
Stocks and contracts
+€880,464
Receivables within one year
-€95,627
Deferred charges and accrued income
+€64,745
Provisions
+€110,024
Trade debts
-€214,824
Tax, wage and social debts
+€16,024
Advances received
+€159,140
Other debts
+€28,108
Accrued charges and deferred income
+€5,448
Investment (derived)
-€485,147
Investment in fixed assets (net)
-€485,147
Financing
+€73,916
Debts after one year
+€73,916
Cash 2025
€824,301
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,957,329 | €39,707,422 | -€249,907 | -0.6% |
| Fixed assets | 21/28 | €29,555,510 | €29,997,240 | +€441,730 | +1.5% |
| Intangible fixed assets | 21 | €348,383 | €348,072 | -€311 | -0.1% |
| Tangible fixed assets | 22/27 | €1,384,374 | €1,372,537 | -€11,837 | -0.9% |
| Land and buildings | 22 | €1,318,463 | €1,293,465 | -€24,998 | -1.9% |
| Plant, machinery and equipment | 23 | €746 | €321 | -€425 | -56.9% |
| Furniture and vehicles | 24 | €65,165 | €78,750 | +€13,586 | +20.8% |
| Financial fixed assets | 28 | €27,822,753 | €28,276,631 | +€453,878 | +1.6% |
| Current assets | 29/58 | €10,401,818 | €9,710,181 | -€691,637 | -6.6% |
| Amounts receivable after more than one year | 29 | €6,180 | €0 | -€6,180 | -100.0% |
| Other amounts receivable | 291 | €6,180 | €0 | -€6,180 | -100.0% |
| Stocks and contracts in progress | 3 | €9,354,073 | €8,473,608 | -€880,464 | -9.4% |
| Stocks | 30/36 | €9,354,073 | €8,473,608 | -€880,464 | -9.4% |
| Amounts receivable within one year | 40/41 | €189,186 | €284,813 | +€95,627 | +50.5% |
| Trade receivables | 40 | €166,195 | €259,976 | +€93,780 | +56.4% |
| Other amounts receivable | 41 | €22,990 | €24,837 | +€1,847 | +8.0% |
| Cash at bank and in hand | 54/58 | €660,177 | €824,301 | +€164,124 | +24.9% |
| Deferred charges and accrued income | 490/1 | €192,203 | €127,459 | -€64,745 | -33.7% |
| Total equity and liabilities | 10/49 | €39,957,329 | €39,707,422 | -€249,907 | -0.6% |
| Equity | 10/15 | €21,539,212 | €21,111,468 | -€427,744 | -2.0% |
| Contributions | 10/11 | €14,457,662 | €14,457,662 | = | 0.0% |
| Capital | 10 | €14,457,662 | €14,457,662 | = | 0.0% |
| Issued capital | 100 | €14,457,662 | €14,457,662 | = | 0.0% |
| Reserves | 13 | €1,322,635 | €1,322,635 | = | 0.0% |
| Non-distributable reserves | 130/1 | €575,035 | €575,035 | = | 0.0% |
| Legal reserve | 130 | €575,035 | €575,035 | = | 0.0% |
| Distributable reserves | 133 | €747,600 | €747,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,758,915 | €5,331,171 | -€427,744 | -7.4% |
| Provisions and deferred taxes | 16 | - | €110,024 | +€110,024 | |
| Provisions for liabilities and charges | 160/5 | - | €110,024 | +€110,024 | |
| Other liabilities and charges | 164/5 | - | €110,024 | +€110,024 | |
| Amounts payable | 17/49 | €18,418,117 | €18,485,930 | +€67,813 | +0.4% |
| Amounts payable after more than one year | 17 | €16,906,950 | €16,980,866 | +€73,916 | +0.4% |
| Financial debts | 170/4 | €16,889,870 | €16,965,466 | +€75,596 | +0.4% |
| Other amounts payable | 178/9 | €17,080 | €15,400 | -€1,680 | -9.8% |
| Amounts payable within one year | 42/48 | €1,046,677 | €1,035,126 | -€11,551 | -1.1% |
| Trade debts | 44 | €307,162 | €92,339 | -€214,824 | -69.9% |
| Suppliers | 440/4 | €307,162 | €92,339 | -€214,824 | -69.9% |
| Advances received on contracts in progress | 46 | - | €159,140 | +€159,140 | |
| Taxes, remuneration and social security | 45 | €194,388 | €210,412 | +€16,024 | +8.2% |
| Taxes | 450/3 | €170,941 | €172,118 | +€1,177 | +0.7% |
| Remuneration and social security | 454/9 | €23,447 | €38,294 | +€14,847 | +63.3% |
| Other amounts payable | 47/48 | €545,126 | €573,235 | +€28,108 | +5.2% |
| Accrued charges and deferred income | 492/3 | €464,490 | €469,939 | +€5,448 | +1.2% |
| Non-recurring operating income | 76A | €181,233 | €1,810 | -€179,423 | -99.0% |
| Remuneration, social security and pensions | 62 | €393,791 | €286,253 | -€107,539 | -27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,690 | €43,417 | +€4,726 | +12.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €110,024 | +€110,024 | |
| Other operating charges | 640/8 | €104,907 | €41,039 | -€63,868 | -60.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,967,294 | €568,241 | -€1.4m | -71.1% |
| Operating profit (loss) | 9901 | €1,429,905 | €87,509 | -€1.3m | -93.9% |
| Financial income | 75/76B | €108,269 | €152,361 | +€44,091 | +40.7% |
| Recurring financial income | 75 | €108,269 | €152,361 | +€44,091 | +40.7% |
| Financial charges | 65/66B | €669,083 | €667,224 | -€1,859 | -0.3% |
| Recurring financial charges | 65 | €669,083 | €667,224 | -€1,859 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €869,091 | -€427,354 | -€1.3m | |
| Income taxes | 67/77 | €1,139 | €390 | -€749 | -65.7% |
| Profit (loss) for the period | 9904 | €867,952 | -€427,744 | -€1.3m | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €867,952 | -€427,744 | -€1.3m |
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.