BRUNCO: 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.
BRUNCO
Largest movements
- Tangible fixed assets +€39,780
up €39,780 (+207%), from €19,186 to €58,966
of which Furniture and vehicles: +€41,473
- Cash -€28,098
down €28,098 (-21.2%), from €132,555 to €104,457
mainly Investment in fixed assets (net) (-€56,027) and Receivables within one year (-€6,326)
- Receivables within one year +€6,326
up €6,326 (+16.7%), from €37,868 to €44,194
of which Trade receivables: +€8,705
- Reserves +€14,900
up €14,900 (+20.2%), from €73,610 to €88,510
- Other debts +€4,043
up €4,043 (+7.4%), from €54,446 to €58,489
- Trade debts -€3,359
down €3,359 (-70.6%), from €4,758 to €1,399
- Depreciation +€7,311
up €7,311 (+81.8%), from €8,936 to €16,247
- Gross operating margin -€4,053
down €4,053 (-9.7%), from €41,834 to €37,781
- Taxes -€3,347
down €3,347 (-39.1%), from €8,559 to €5,212
- Write-downs +€1,210
new in 2026: €1,210
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,572 | €208,259 | +€17,686 | +9.3% |
| Fixed assets | 21/28 | €19,815 | €59,596 | +€39,780 | +201% |
| Tangible fixed assets | 22/27 | €19,186 | €58,966 | +€39,780 | +207% |
| Plant, machinery and equipment | 23 | €12,460 | €10,767 | -€1,693 | -13.6% |
| Furniture and vehicles | 24 | €6,726 | €48,199 | +€41,473 | +617% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €170,757 | €148,663 | -€22,094 | -12.9% |
| Amounts receivable within one year | 40/41 | €37,868 | €44,194 | +€6,326 | +16.7% |
| Trade receivables | 40 | €33,906 | €42,611 | +€8,705 | +25.7% |
| Other amounts receivable | 41 | €3,962 | €1,583 | -€2,379 | -60.1% |
| Cash at bank and in hand | 54/58 | €132,555 | €104,457 | -€28,098 | -21.2% |
| Deferred charges and accrued income | 490/1 | €334 | €12 | -€322 | -96.4% |
| Total equity and liabilities | 10/49 | €190,572 | €208,259 | +€17,686 | +9.3% |
| Equity | 10/15 | €125,464 | €140,405 | +€14,941 | +11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,610 | €88,510 | +€14,900 | +20.2% |
| Distributable reserves | 133 | €73,610 | €88,510 | +€14,900 | +20.2% |
| Profit (loss) carried forward | 14 | €33,254 | €33,295 | +€41 | +0.1% |
| Amounts payable | 17/49 | €65,108 | €67,854 | +€2,746 | +4.2% |
| Amounts payable within one year | 42/48 | €65,108 | €67,854 | +€2,746 | +4.2% |
| Trade debts | 44 | €4,758 | €1,399 | -€3,359 | -70.6% |
| Suppliers | 440/4 | €4,758 | €1,399 | -€3,359 | -70.6% |
| Taxes, remuneration and social security | 45 | €5,904 | €7,965 | +€2,062 | +34.9% |
| Taxes | 450/3 | €5,904 | €7,965 | +€2,062 | +34.9% |
| Other amounts payable | 47/48 | €54,446 | €58,489 | +€4,043 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,936 | €16,247 | +€7,311 | +81.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,210 | +€1,210 | |
| Other operating charges | 640/8 | €157 | €339 | +€181 | +115% |
| Gross operating margin | 9900 | €41,834 | €37,781 | -€4,053 | -9.7% |
| Operating profit (loss) | 9901 | €32,741 | €19,986 | -€12,755 | -39.0% |
| Financial income | 75/76B | - | €226 | +€226 | |
| Recurring financial income | 75 | - | €226 | +€226 | |
| Financial charges | 65/66B | €58 | €58 | +€0 | +0.7% |
| Recurring financial charges | 65 | €58 | €58 | +€0 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €32,683 | €20,153 | -€12,530 | -38.3% |
| Income taxes | 67/77 | €8,559 | €5,212 | -€3,347 | -39.1% |
| Profit (loss) for the period | 9904 | €24,124 | €14,941 | -€9,183 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,124 | €14,941 | -€9,183 | -38.1% |
Source: filed annual accounts (NBB), financial years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.