BRUNIMMOB: 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.
What changed
BRUNIMMOB
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€11,257
2024 · €1,702+€9,555
Equity
€1.3m
2024 · €1.3m+€7,747
Cash
€6,224
2024 · €15,705-€9,481
Balance sheet total
€2.5m
2024 · €2.5m-€47,783
Largest movements
Assets
- Tangible fixed assets -€48,897
down €48,897 (-1.9%), from €2.5m to €2.5m
of which Plant, machinery and equipment: -€25,498
Equity and liabilities
- Debts after one year -€52,792
down €52,792 (-7.0%), from €749,610 to €696,818
Income statement
- Gross operating margin +€15,814
up €15,814 (+13.6%), from €115,925 to €131,739
- Financial income -€4,175
down €4,175 (-88.4%), from €4,723 to €548
of which Non-recurring financial income: -€2,689
- Financial charges +€2,561
up €2,561 (+11.5%), from €22,185 to €24,746
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.
Result 2024
€1,702
Gross operating margin
+€15,814
Depreciation
+€755
Other operating charges
-€480
Other operating items
+€202
Financial income
-€4,175
Financial charges
-€2,561
Result 2025
€11,257
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€77,299
Investment
-€35,376
Financing
-€51,404
Cash 2024
€15,705
From operations (derived)
+€77,299
Net result for the year
+€11,257
Depreciation
+€84,273
Receivables within one year
-€11,060
Deferred charges and accrued income
+€465
Provisions
-€1,170
Trade debts
-€11,938
Other debts
+€5,104
Accrued charges and deferred income
+€369
Investment (derived)
-€35,376
Investment in fixed assets (net)
-€35,376
Financing
-€51,404
Debts after one year
-€52,792
Current portion of long-term debt
+€4,897
Contributions, distributions and other
-€3,510
Cash 2025
€6,224
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,547,612 | €2,499,829 | -€47,783 | -1.9% |
| Fixed assets | 21/28 | €2,517,188 | €2,468,292 | -€48,897 | -1.9% |
| Tangible fixed assets | 22/27 | €2,517,188 | €2,468,292 | -€48,897 | -1.9% |
| Land and buildings | 22 | €1,687,758 | €1,665,936 | -€21,822 | -1.3% |
| Plant, machinery and equipment | 23 | €824,823 | €799,325 | -€25,498 | -3.1% |
| Furniture and vehicles | 24 | €4,607 | €3,031 | -€1,576 | -34.2% |
| Current assets | 29/58 | €30,424 | €31,538 | +€1,114 | +3.7% |
| Amounts receivable within one year | 40/41 | €14,054 | €25,114 | +€11,060 | +78.7% |
| Trade receivables | 40 | €13,920 | €24,980 | +€11,060 | +79.5% |
| Other amounts receivable | 41 | €134 | €134 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,705 | €6,224 | -€9,481 | -60.4% |
| Deferred charges and accrued income | 490/1 | €665 | €200 | -€465 | -69.9% |
| Total equity and liabilities | 10/49 | €2,547,612 | €2,499,829 | -€47,783 | -1.9% |
| Equity | 10/15 | €1,311,838 | €1,319,584 | +€7,747 | +0.6% |
| Contributions | 10/11 | €112,433 | €112,433 | = | 0.0% |
| Capital | 10 | €112,433 | €112,433 | = | 0.0% |
| Issued capital | 100 | €112,433 | €112,433 | = | 0.0% |
| Revaluation surpluses | 12 | €1,239,322 | €1,239,322 | = | 0.0% |
| Reserves | 13 | €68,469 | €64,959 | -€3,510 | -5.1% |
| Tax-exempt reserves | 132 | €68,469 | €64,959 | -€3,510 | -5.1% |
| Profit (loss) carried forward | 14 | -€108,387 | -€97,130 | +€11,257 | +10.4% |
| Provisions and deferred taxes | 16 | €23,910 | €22,740 | -€1,170 | -4.9% |
| Deferred taxes | 168 | €23,910 | €22,740 | -€1,170 | -4.9% |
| Amounts payable | 17/49 | €1,211,865 | €1,157,505 | -€54,359 | -4.5% |
| Amounts payable after more than one year | 17 | €749,610 | €696,818 | -€52,792 | -7.0% |
| Financial debts | 170/4 | €749,610 | €696,818 | -€52,792 | -7.0% |
| Amounts payable within one year | 42/48 | €462,255 | €460,318 | -€1,937 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €67,503 | €72,401 | +€4,897 | +7.3% |
| Trade debts | 44 | €91,964 | €80,026 | -€11,938 | -13.0% |
| Suppliers | 440/4 | €91,964 | €80,026 | -€11,938 | -13.0% |
| Other amounts payable | 47/48 | €302,788 | €307,891 | +€5,104 | +1.7% |
| Accrued charges and deferred income | 492/3 | - | €369 | +€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,028 | €84,273 | -€755 | -0.9% |
| Other operating charges | 640/8 | €16,212 | €16,692 | +€480 | +3.0% |
| Non-recurring operating charges | 66A | €202 | - | -€202 | |
| Gross operating margin | 9900 | €115,925 | €131,739 | +€15,814 | +13.6% |
| Operating profit (loss) | 9901 | €14,484 | €30,775 | +€16,291 | +112% |
| Financial income | 75/76B | €4,723 | €548 | -€4,175 | -88.4% |
| Recurring financial income | 75 | €2,033 | €548 | -€1,486 | -73.1% |
| Non-recurring financial income | 76B | €2,689 | - | -€2,689 | |
| Financial charges | 65/66B | €22,185 | €24,746 | +€2,561 | +11.5% |
| Recurring financial charges | 65 | €22,185 | €24,746 | +€2,561 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,978 | €6,577 | +€9,555 | |
| Transfer from deferred taxes | 780 | €4,680 | €4,680 | = | 0.0% |
| Profit (loss) for the period | 9904 | €1,702 | €11,257 | +€9,555 | +562% |
| Profit (loss) for the period to be appropriated | 9905 | €1,702 | €11,257 | +€9,555 | +562% |
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 16 October 2026 via checked.be.