BRUNATES: what changed
Two financial 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.
BRUNATES
Largest movements
- Tangible fixed assets +€39,226
up €39,226 (+1,958%), from €2,003 to €41,229
of which Leasing and similar rights: +€37,879
- Receivables within one year -€9,659
down €9,659 (-92.9%), from €10,399 to €740
of which Trade receivables: -€7,107
- Cash +€3,829
up €3,829 (+88.7%), from €4,319 to €8,148
mainly Debts after one year (+€30,631) and Receivables within one year (+€9,659)
- Stocks and contracts +€2,895
new in 2025: €2,895
- Deferred charges and accrued income +€2,428
new in 2025: €2,428
- Debts after one year +€30,631
new in 2025: €30,631
- Current portion of long-term debt +€7,320
new in 2025: €7,320
- Other debts +€5,970
up €5,970 (+67.1%), from €8,901 to €14,871
- Profit (loss) carried forward -€4,166
new in 2025: -€4,166
- Advances received -€2,855
down €2,855 (-100%), from €2,855 to €0
- Gross operating margin -€3,711
down €3,711, from €3,032 to -€679
- Depreciation +€2,350
up €2,350 (+483%), from €487 to €2,837
- Taxes -€534
down €534 (-97.8%), from €546 to €12
- Other operating charges +€371
new in 2025: €371
- Financial charges +€234
up €234 (+701%), from €33 to €268
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.
Derived cash bridge
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 | €19,527 | €57,618 | +€38,091 | +195% |
| Formation expenses | 20 | €2,806 | €2,178 | -€628 | -22.4% |
| Fixed assets | 21/28 | €2,003 | €41,229 | +€39,226 | +1,958% |
| Tangible fixed assets | 22/27 | €2,003 | €41,229 | +€39,226 | +1,958% |
| Plant, machinery and equipment | 23 | €2,003 | €2,872 | +€868 | +43.4% |
| Furniture and vehicles | 24 | - | €478 | +€478 | |
| Leasing and similar rights | 25 | - | €37,879 | +€37,879 | |
| Current assets | 29/58 | €14,717 | €14,211 | -€506 | -3.4% |
| Stocks and contracts in progress | 3 | - | €2,895 | +€2,895 | |
| Stocks | 30/36 | - | €2,895 | +€2,895 | |
| Amounts receivable within one year | 40/41 | €10,399 | €740 | -€9,659 | -92.9% |
| Trade receivables | 40 | €7,107 | €0 | -€7,107 | -100% |
| Other amounts receivable | 41 | €3,292 | €740 | -€2,552 | -77.5% |
| Cash at bank and in hand | 54/58 | €4,319 | €8,148 | +€3,829 | +88.7% |
| Deferred charges and accrued income | 490/1 | - | €2,428 | +€2,428 | |
| Total equity and liabilities | 10/49 | €19,527 | €57,618 | +€38,091 | +195% |
| Equity | 10/15 | €4,966 | €799 | -€4,166 | -83.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,966 | €1,966 | = | 0.0% |
| Distributable reserves | 133 | €1,966 | €1,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,166 | -€4,166 | |
| Amounts payable | 17/49 | €14,561 | €56,819 | +€42,258 | +290% |
| Amounts payable after more than one year | 17 | - | €30,631 | +€30,631 | |
| Financial debts | 170/4 | - | €30,631 | +€30,631 | |
| Amounts payable within one year | 42/48 | €14,561 | €26,188 | +€11,627 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,320 | +€7,320 | |
| Trade debts | 44 | €2,259 | €3,985 | +€1,726 | +76.4% |
| Suppliers | 440/4 | €2,259 | €3,985 | +€1,726 | +76.4% |
| Advances received on contracts in progress | 46 | €2,855 | €0 | -€2,855 | -100% |
| Taxes, remuneration and social security | 45 | €546 | €12 | -€534 | -97.8% |
| Taxes | 450/3 | €546 | €12 | -€534 | -97.8% |
| Other amounts payable | 47/48 | €8,901 | €14,871 | +€5,970 | +67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €487 | €2,837 | +€2,350 | +483% |
| Other operating charges | 640/8 | - | €371 | +€371 | |
| Gross operating margin | 9900 | €3,032 | -€679 | -€3,711 | |
| Operating profit (loss) | 9901 | €2,545 | -€3,887 | -€6,432 | |
| Financial charges | 65/66B | €33 | €268 | +€234 | +701% |
| Recurring financial charges | 65 | €33 | €268 | +€234 | +701% |
| Profit (loss) for the period before taxes | 9903 | €2,512 | -€4,155 | -€6,666 | |
| Income taxes | 67/77 | €546 | €12 | -€534 | -97.8% |
| Profit (loss) for the period | 9904 | €1,966 | -€4,166 | -€6,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,966 | -€4,166 | -€6,132 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.