Brunas: 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.
Brunas
Largest movements
- Current investments +€387,690
up €387,690 (+115.1%), from €336,863 to €724,553
- Cash -€337,974
down €337,974 (-65.9%), from €512,916 to €174,942
mainly Current investments (-€387,690) and Contributions, distributions and other (-€91,040)
- Receivables after one year +€85,000
up €85,000 (+566.7%), from €15,000 to €100,000
- Receivables within one year +€22,688
up €22,688 (+16.9%), from €134,276 to €156,964
of which Trade receivables: +€21,769
- Tangible fixed assets -€21,648
down €21,648 (-27.6%), from €78,362 to €56,715
of which Furniture and vehicles: -€18,488
- Reserves +€127,012
up €127,012 (+13.4%), from €949,465 to €1.1m
- Tax, wage and social debts -€37,747
down €37,747 (-68.8%), from €54,847 to €17,100
of which Taxes: -€54,847
- Accrued charges and deferred income +€22,872
up €22,872 (+140.5%), from €16,280 to €39,152
- Trade debts +€21,628
up €21,628 (+253.2%), from €8,543 to €30,171
- Gross operating margin -€22,777
down €22,777 (-6.6%), from €345,948 to €323,171
- Taxes -€5,322
down €5,322 (-5.3%), from €100,831 to €95,510
- Financial income +€4,071
up €4,071 (+24.4%), from €16,664 to €20,735
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 | €1,080,671 | €1,215,263 | +€134,592 | +12.5% |
| Fixed assets | 21/28 | €78,362 | €56,715 | -€21,648 | -27.6% |
| Tangible fixed assets | 22/27 | €78,362 | €56,715 | -€21,648 | -27.6% |
| Plant, machinery and equipment | 23 | €6,964 | €9,021 | +€2,057 | +29.5% |
| Furniture and vehicles | 24 | €42,300 | €23,813 | -€18,488 | -43.7% |
| Other tangible fixed assets | 26 | €29,098 | €23,881 | -€5,217 | -17.9% |
| Current assets | 29/58 | €1,002,309 | €1,158,548 | +€156,240 | +15.6% |
| Amounts receivable after more than one year | 29 | €15,000 | €100,000 | +€85,000 | +566.7% |
| Other amounts receivable | 291 | €15,000 | €100,000 | +€85,000 | +566.7% |
| Amounts receivable within one year | 40/41 | €134,276 | €156,964 | +€22,688 | +16.9% |
| Trade receivables | 40 | €134,276 | €156,045 | +€21,769 | +16.2% |
| Other amounts receivable | 41 | - | €919 | +€919 | |
| Current investments | 50/53 | €336,863 | €724,553 | +€387,690 | +115.1% |
| Cash at bank and in hand | 54/58 | €512,916 | €174,942 | -€337,974 | -65.9% |
| Deferred charges and accrued income | 490/1 | €3,254 | €2,090 | -€1,164 | -35.8% |
| Total equity and liabilities | 10/49 | €1,080,671 | €1,215,263 | +€134,592 | +12.5% |
| Equity | 10/15 | €968,065 | €1,095,076 | +€127,012 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €949,465 | €1,076,476 | +€127,012 | +13.4% |
| Distributable reserves | 133 | €949,465 | €1,076,476 | +€127,012 | +13.4% |
| Amounts payable | 17/49 | €112,606 | €120,187 | +€7,581 | +6.7% |
| Amounts payable within one year | 42/48 | €96,326 | €81,035 | -€15,291 | -15.9% |
| Financial debts | 43 | €15,240 | €15,173 | -€67 | -0.4% |
| Credit institutions | 430/8 | €15,240 | €15,173 | -€67 | -0.4% |
| Trade debts | 44 | €8,543 | €30,171 | +€21,628 | +253.2% |
| Suppliers | 440/4 | €8,543 | €30,171 | +€21,628 | +253.2% |
| Taxes, remuneration and social security | 45 | €54,847 | €17,100 | -€37,747 | -68.8% |
| Taxes | 450/3 | €54,847 | - | -€54,847 | |
| Remuneration and social security | 454/9 | - | €17,100 | +€17,100 | |
| Other amounts payable | 47/48 | €17,695 | €18,591 | +€896 | +5.1% |
| Accrued charges and deferred income | 492/3 | €16,280 | €39,152 | +€22,872 | +140.5% |
| Non-recurring operating income | 76A | €18,500 | €2,500 | -€16,000 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,351 | €26,765 | -€1,586 | -5.6% |
| Other operating charges | 640/8 | €2,064 | €1,767 | -€296 | -14.3% |
| Gross operating margin | 9900 | €345,948 | €323,171 | -€22,777 | -6.6% |
| Operating profit (loss) | 9901 | €315,533 | €294,638 | -€20,895 | -6.6% |
| Financial income | 75/76B | €16,664 | €20,735 | +€4,071 | +24.4% |
| Recurring financial income | 75 | €16,664 | €20,735 | +€4,071 | +24.4% |
| Financial charges | 65/66B | €4,286 | €1,812 | -€2,474 | -57.7% |
| Recurring financial charges | 65 | €4,286 | €1,812 | -€2,474 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €327,912 | €313,562 | -€14,350 | -4.4% |
| Income taxes | 67/77 | €100,831 | €95,510 | -€5,322 | -5.3% |
| Profit (loss) for the period | 9904 | €227,080 | €218,052 | -€9,028 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €227,080 | €218,052 | -€9,028 | -4.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.