BRUNEEL: 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.
BRUNEEL
Largest movements
- Receivables within one year -€11,485
down €11,485 (-58.1%), from €19,776 to €8,290
of which Trade receivables: -€11,771
- Cash +€7,622
up €7,622 (+93.8%), from €8,122 to €15,744
mainly Receivables within one year (+€11,485) and Depreciation (+€5,233)
- Tangible fixed assets -€3,584
down €3,584 (-24.7%), from €14,511 to €10,927
of which Furniture and vehicles: -€3,856
- Stocks and contracts +€1,901
up €1,901 (+46.1%), from €4,125 to €6,026
- Other debts -€6,331
down €6,331 (-13.3%), from €47,632 to €41,301
- Trade debts +€814
up €814 (+7.5%), from €10,882 to €11,695
- Gross operating margin -€2,261
down €2,261 (-25.4%), from €8,890 to €6,629
- Financial charges -€649
down €649 (-63.5%), from €1,021 to €373
of which Non-recurring financial charges: -€500
- Other operating charges +€349
up €349 (+48.9%), from €714 to €1,062
- Depreciation -€191
down €191 (-3.5%), from €5,424 to €5,233
- Financial income -€110
down €110 (-55.9%), from €198 to €87
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 | €47,100 | €41,625 | -€5,475 | -11.6% |
| Fixed assets | 21/28 | €14,513 | €10,929 | -€3,584 | -24.7% |
| Tangible fixed assets | 22/27 | €14,511 | €10,927 | -€3,584 | -24.7% |
| Land and buildings | 22 | €6,532 | €7,261 | +€729 | +11.2% |
| Plant, machinery and equipment | 23 | €1,143 | €686 | -€457 | -40.0% |
| Furniture and vehicles | 24 | €6,836 | €2,980 | -€3,856 | -56.4% |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Current assets | 29/58 | €32,587 | €30,696 | -€1,891 | -5.8% |
| Stocks and contracts in progress | 3 | €4,125 | €6,026 | +€1,901 | +46.1% |
| Stocks | 30/36 | €4,125 | €6,026 | +€1,901 | +46.1% |
| Amounts receivable within one year | 40/41 | €19,776 | €8,290 | -€11,485 | -58.1% |
| Trade receivables | 40 | €13,265 | €1,494 | -€11,771 | -88.7% |
| Other amounts receivable | 41 | €6,511 | €6,797 | +€286 | +4.4% |
| Cash at bank and in hand | 54/58 | €8,122 | €15,744 | +€7,622 | +93.8% |
| Deferred charges and accrued income | 490/1 | €563 | €635 | +€72 | +12.8% |
| Total equity and liabilities | 10/49 | €47,100 | €41,625 | -€5,475 | -11.6% |
| Equity | 10/15 | -€12,295 | -€12,247 | +€48 | +0.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €38,680 | €38,680 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,821 | €5,821 | = | 0.0% |
| Distributable reserves | 133 | €32,859 | €32,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,567 | -€69,519 | +€48 | +0.1% |
| Amounts payable | 17/49 | €59,395 | €53,872 | -€5,523 | -9.3% |
| Amounts payable within one year | 42/48 | €59,395 | €53,872 | -€5,523 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €882 | €876 | -€5 | -0.6% |
| Trade debts | 44 | €10,882 | €11,695 | +€814 | +7.5% |
| Suppliers | 440/4 | €10,882 | €11,695 | +€814 | +7.5% |
| Other amounts payable | 47/48 | €47,632 | €41,301 | -€6,331 | -13.3% |
| Non-recurring operating income | 76A | €0 | €162 | +€162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,424 | €5,233 | -€191 | -3.5% |
| Other operating charges | 640/8 | €714 | €1,062 | +€349 | +48.9% |
| Gross operating margin | 9900 | €8,890 | €6,629 | -€2,261 | -25.4% |
| Operating profit (loss) | 9901 | €2,753 | €333 | -€2,419 | -87.9% |
| Financial income | 75/76B | €198 | €87 | -€110 | -55.9% |
| Recurring financial income | 75 | €198 | €87 | -€110 | -55.9% |
| Financial charges | 65/66B | €1,021 | €373 | -€649 | -63.5% |
| Recurring financial charges | 65 | €521 | €373 | -€149 | -28.5% |
| Non-recurring financial charges | 66B | €500 | €0 | -€500 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €1,929 | €48 | -€1,881 | -97.5% |
| Profit (loss) for the period | 9904 | €1,929 | €48 | -€1,881 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,929 | €48 | -€1,881 | -97.5% |
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 5 October 2026 via checked.be.