BRUNETTA: 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.
BRUNETTA
Largest movements
- Cash -€8,238
down €8,238 (-31.2%), from €26,430 to €18,192
mainly Tax, wage and social debts (-€9,362) and Contributions, distributions and other (-€9,279)
- Tangible fixed assets -€7,877
down €7,877 (-75.6%), from €10,424 to €2,547
- Receivables within one year +€5,541
up €5,541 (+10.8%), from €51,431 to €56,972
of which Trade receivables: +€4,141
- Deferred charges and accrued income +€1,420
up €1,420 (+36.7%), from €3,865 to €5,284
- Tax, wage and social debts -€9,362
down €9,362 (-43.1%), from €21,728 to €12,366
of which Taxes: -€11,430
- Reserves +€6,358
up €6,358 (+19.5%), from €32,576 to €38,933
- Current portion of long-term debt -€3,920
down €3,920 (-74.7%), from €5,249 to €1,328
- Other debts -€3,260
down €3,260 (-25.2%), from €12,921 to €9,661
- Trade debts +€2,999
up €2,999 (+144.5%), from €2,075 to €5,074
- Gross operating margin +€29,866
up €29,866 (+42.7%), from €70,013 to €99,879
- Staff costs +€23,463
up €23,463 (+56.3%), from €41,651 to €65,113
- Other operating charges -€2,202
down €2,202 (-39.5%), from €5,569 to €3,367
- Taxes +€1,872
up €1,872 (+30.8%), from €6,082 to €7,954
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 | €92,150 | €82,995 | -€9,155 | -9.9% |
| Fixed assets | 21/28 | €10,424 | €2,547 | -€7,877 | -75.6% |
| Tangible fixed assets | 22/27 | €10,424 | €2,547 | -€7,877 | -75.6% |
| Furniture and vehicles | 24 | €10,424 | €2,547 | -€7,877 | -75.6% |
| Current assets | 29/58 | €81,726 | €80,448 | -€1,278 | -1.6% |
| Amounts receivable within one year | 40/41 | €51,431 | €56,972 | +€5,541 | +10.8% |
| Trade receivables | 40 | €50,976 | €55,117 | +€4,141 | +8.1% |
| Other amounts receivable | 41 | €455 | €1,854 | +€1,399 | +307.7% |
| Cash at bank and in hand | 54/58 | €26,430 | €18,192 | -€8,238 | -31.2% |
| Deferred charges and accrued income | 490/1 | €3,865 | €5,284 | +€1,420 | +36.7% |
| Total equity and liabilities | 10/49 | €92,150 | €82,995 | -€9,155 | -9.9% |
| Equity | 10/15 | €48,849 | €54,373 | +€5,525 | +11.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €32,576 | €38,933 | +€6,358 | +19.5% |
| Distributable reserves | 133 | €32,576 | €38,933 | +€6,358 | +19.5% |
| Profit (loss) carried forward | 14 | €3,873 | €3,040 | -€833 | -21.5% |
| Amounts payable | 17/49 | €43,301 | €28,622 | -€14,679 | -33.9% |
| Amounts payable after more than one year | 17 | €1,328 | - | -€1,328 | |
| Financial debts | 170/4 | €1,328 | - | -€1,328 | |
| Amounts payable within one year | 42/48 | €41,973 | €28,429 | -€13,544 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €5,249 | €1,328 | -€3,920 | -74.7% |
| Trade debts | 44 | €2,075 | €5,074 | +€2,999 | +144.5% |
| Suppliers | 440/4 | €2,075 | €5,074 | +€2,999 | +144.5% |
| Taxes, remuneration and social security | 45 | €21,728 | €12,366 | -€9,362 | -43.1% |
| Taxes | 450/3 | €16,308 | €4,878 | -€11,430 | -70.1% |
| Remuneration and social security | 454/9 | €5,420 | €7,488 | +€2,068 | +38.1% |
| Other amounts payable | 47/48 | €12,921 | €9,661 | -€3,260 | -25.2% |
| Accrued charges and deferred income | 492/3 | - | €193 | +€193 | |
| Remuneration, social security and pensions | 62 | €41,651 | €65,113 | +€23,463 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,995 | €7,877 | -€119 | -1.5% |
| Other operating charges | 640/8 | €5,569 | €3,367 | -€2,202 | -39.5% |
| Gross operating margin | 9900 | €70,013 | €99,879 | +€29,866 | +42.7% |
| Operating profit (loss) | 9901 | €14,798 | €23,522 | +€8,724 | +59.0% |
| Financial income | 75/76B | €78 | €79 | +€1 | +1.5% |
| Recurring financial income | 75 | €78 | €79 | +€1 | +1.5% |
| Financial charges | 65/66B | €1,045 | €843 | -€202 | -19.3% |
| Recurring financial charges | 65 | €1,045 | €843 | -€202 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €13,831 | €22,757 | +€8,927 | +64.5% |
| Income taxes | 67/77 | €6,082 | €7,954 | +€1,872 | +30.8% |
| Profit (loss) for the period | 9904 | €7,748 | €14,804 | +€7,055 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,748 | €14,804 | +€7,055 | +91.1% |
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 1 October 2026 via checked.be.