BRUNIMMO: 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.
BRUNIMMO
Largest movements
- Cash +€91,463
up €91,463 (+662%), from €13,808 to €105,270
mainly Debts after one year (+€88,597) and Depreciation (+€60,579)
- Tangible fixed assets +€52,330
up €52,330 (+11.5%), from €453,519 to €505,850
of which Land and buildings: +€33,763
- Receivables within one year +€8,246
up €8,246 (+17.0%), from €48,497 to €56,742
of which Trade receivables: +€8,246
- Debts after one year +€88,597
up €88,597 (+35.7%), from €247,977 to €336,574
- Investment grants +€40,720
new in 2023: €40,720
- Profit (loss) carried forward +€22,797
no longer reported in 2023 (was -€22,797)
- Reserves +€7,448
new in 2023: €7,448
- Gross operating margin -€8,725
down €8,725 (-7.4%), from €117,259 to €108,535
- Depreciation -€6,259
down €6,259 (-9.4%), from €66,838 to €60,579
- Financial charges -€1,182
down €1,182 (-18.9%), from €6,269 to €5,087
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €515,824 | €667,862 | +€152,039 | +29.5% |
| Fixed assets | 21/28 | €453,519 | €505,850 | +€52,330 | +11.5% |
| Tangible fixed assets | 22/27 | €453,519 | €505,850 | +€52,330 | +11.5% |
| Land and buildings | 22 | €267,647 | €301,410 | +€33,763 | +12.6% |
| Plant, machinery and equipment | 23 | €77,216 | €78,321 | +€1,105 | +1.4% |
| Leasing and similar rights | 25 | €108,656 | €94,169 | -€14,488 | -13.3% |
| Assets under construction and advance payments | 27 | - | €31,950 | +€31,950 | |
| Current assets | 29/58 | €62,304 | €162,013 | +€99,708 | +160% |
| Amounts receivable within one year | 40/41 | €48,497 | €56,742 | +€8,246 | +17.0% |
| Trade receivables | 40 | - | €8,246 | +€8,246 | |
| Other amounts receivable | 41 | €48,497 | €48,497 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,808 | €105,270 | +€91,463 | +662% |
| Total equity and liabilities | 10/49 | €515,824 | €667,862 | +€152,039 | +29.5% |
| Equity | 10/15 | €177,203 | €248,168 | +€70,964 | +40.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | - | €7,448 | +€7,448 | |
| Distributable reserves | 133 | - | €7,448 | +€7,448 | |
| Profit (loss) carried forward | 14 | -€22,797 | - | +€22,797 | |
| Investment grants | 15 | - | €40,720 | +€40,720 | |
| Amounts payable | 17/49 | €338,620 | €419,695 | +€81,075 | +23.9% |
| Amounts payable after more than one year | 17 | €247,977 | €336,574 | +€88,597 | +35.7% |
| Financial debts | 170/4 | €247,977 | €336,574 | +€88,597 | +35.7% |
| Amounts payable within one year | 42/48 | €90,643 | €83,121 | -€7,522 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €85,035 | €80,952 | -€4,083 | -4.8% |
| Trade debts | 44 | €1,406 | €1,233 | -€173 | -12.3% |
| Suppliers | 440/4 | €1,406 | €1,233 | -€173 | -12.3% |
| Taxes, remuneration and social security | 45 | €4,172 | €905 | -€3,266 | -78.3% |
| Taxes | 450/3 | €4,172 | €905 | -€3,266 | -78.3% |
| Other amounts payable | 47/48 | €30 | €30 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,838 | €60,579 | -€6,259 | -9.4% |
| Other operating charges | 640/8 | €13,638 | €12,625 | -€1,013 | -7.4% |
| Gross operating margin | 9900 | €117,259 | €108,535 | -€8,725 | -7.4% |
| Operating profit (loss) | 9901 | €36,783 | €35,331 | -€1,452 | -3.9% |
| Financial charges | 65/66B | €6,269 | €5,087 | -€1,182 | -18.9% |
| Recurring financial charges | 65 | €6,269 | €5,087 | -€1,182 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €30,515 | €30,244 | -€270 | -0.9% |
| Profit (loss) for the period | 9904 | €30,515 | €30,244 | -€270 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,515 | €30,244 | -€270 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.