BRUNAXXON: 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.
BRUNAXXON
Largest movements
- Tangible fixed assets -€150,694
down €150,694 (-26.8%), from €562,250 to €411,555
of which Land and buildings: -€147,266
- Cash +€28,139
up €28,139 (+1,532%), from €1,837 to €29,976
mainly Investment in fixed assets (net) (+€129,968) and Net result for the year (+€75,148)
- Stocks and contracts -€21,469
down €21,469 (-33.5%), from €64,126 to €42,657
- Debts after one year -€144,594
down €144,594 (-44.5%), from €324,988 to €180,394
of which Financial debts: -€132,794
- Profit (loss) carried forward +€75,148
up €75,148 (+365%), from €20,567 to €95,715
- Advances received -€36,723
down €36,723 (-100%), from €36,723 to €0
- Other debts -€27,414
down €27,414 (-21.6%), from €126,966 to €99,552
- Current portion of long-term debt -€14,625
down €14,625 (-34.0%), from €43,070 to €28,444
- Gross operating margin +€116,565
up €116,565 (+242%), from €48,185 to €164,750
- Taxes +€27,170
up €27,170 (+1,067%), from €2,546 to €29,715
- Write-downs +€15,000
new in 2025: €15,000
- Financial charges +€3,042
up €3,042 (+20.3%), from €15,007 to €18,049
- Depreciation -€1,999
down €1,999 (-8.8%), from €22,725 to €20,726
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 | €631,117 | €485,745 | -€145,372 | -23.0% |
| Fixed assets | 21/28 | €562,250 | €411,555 | -€150,694 | -26.8% |
| Tangible fixed assets | 22/27 | €562,250 | €411,555 | -€150,694 | -26.8% |
| Land and buildings | 22 | €556,028 | €408,763 | -€147,266 | -26.5% |
| Furniture and vehicles | 24 | €6,222 | €2,793 | -€3,429 | -55.1% |
| Current assets | 29/58 | €68,867 | €74,189 | +€5,323 | +7.7% |
| Stocks and contracts in progress | 3 | €64,126 | €42,657 | -€21,469 | -33.5% |
| Stocks | 30/36 | €64,126 | €42,657 | -€21,469 | -33.5% |
| Amounts receivable within one year | 40/41 | €2,904 | €1,556 | -€1,348 | -46.4% |
| Trade receivables | 40 | €2,904 | €0 | -€2,904 | -100% |
| Other amounts receivable | 41 | - | €1,556 | +€1,556 | |
| Cash at bank and in hand | 54/58 | €1,837 | €29,976 | +€28,139 | +1,532% |
| Total equity and liabilities | 10/49 | €631,117 | €485,745 | -€145,372 | -23.0% |
| Equity | 10/15 | €79,248 | €154,396 | +€75,148 | +94.8% |
| Contributions | 10/11 | €58,592 | €58,592 | = | 0.0% |
| Reserves | 13 | €90 | €90 | = | 0.0% |
| Distributable reserves | 133 | €90 | €90 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,567 | €95,715 | +€75,148 | +365% |
| Amounts payable | 17/49 | €551,868 | €331,348 | -€220,520 | -40.0% |
| Amounts payable after more than one year | 17 | €324,988 | €180,394 | -€144,594 | -44.5% |
| Financial debts | 170/4 | €313,188 | €180,394 | -€132,794 | -42.4% |
| Other amounts payable | 178/9 | €11,800 | €0 | -€11,800 | -100% |
| Amounts payable within one year | 42/48 | €226,880 | €150,955 | -€75,926 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €43,070 | €28,444 | -€14,625 | -34.0% |
| Financial debts | 43 | - | €3,254 | +€3,254 | |
| Credit institutions | 430/8 | - | €3,254 | +€3,254 | |
| Trade debts | 44 | €4,251 | €14,384 | +€10,132 | +238% |
| Suppliers | 440/4 | €4,251 | €14,384 | +€10,132 | +238% |
| Advances received on contracts in progress | 46 | €36,723 | €0 | -€36,723 | -100% |
| Taxes, remuneration and social security | 45 | €15,870 | €5,321 | -€10,549 | -66.5% |
| Taxes | 450/3 | €15,870 | €5,321 | -€10,549 | -66.5% |
| Other amounts payable | 47/48 | €126,966 | €99,552 | -€27,414 | -21.6% |
| Non-recurring operating income | 76A | - | €169,332 | +€169,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,725 | €20,726 | -€1,999 | -8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,000 | +€15,000 | |
| Other operating charges | 640/8 | €4,954 | €6,111 | +€1,157 | +23.3% |
| Gross operating margin | 9900 | €48,185 | €164,750 | +€116,565 | +242% |
| Operating profit (loss) | 9901 | €20,506 | €122,912 | +€102,407 | +499% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15,007 | €18,049 | +€3,042 | +20.3% |
| Recurring financial charges | 65 | €15,007 | €18,049 | +€3,042 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €5,499 | €104,863 | +€99,365 | +1,807% |
| Income taxes | 67/77 | €2,546 | €29,715 | +€27,170 | +1,067% |
| Profit (loss) for the period | 9904 | €2,953 | €75,148 | +€72,195 | +2,445% |
| Profit (loss) for the period to be appropriated | 9905 | €2,953 | €75,148 | +€72,195 | +2,445% |
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.