Bruno Warnant: 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.
Bruno Warnant
Largest movements
- Receivables within one year +€20,781
up €20,781 (+73.5%), from €28,288 to €49,068
of which Trade receivables: +€20,694
- Tangible fixed assets +€6,438
up €6,438 (+647.6%), from €994 to €7,432
of which Furniture and vehicles: +€6,776
- Tax, wage and social debts -€21,103
down €21,103 (-98.0%), from €21,534 to €432
of which Remuneration and social security: -€20,704
- Trade debts +€19,950
up €19,950 (+1233.3%), from €1,618 to €21,567
- Profit (loss) carried forward +€19,883
up €19,883 (+61.3%), from -€32,421 to -€12,537
- Other debts +€4,385
up €4,385 (+13.1%), from €33,409 to €37,794
- Short-term financial debts +€3,814
up €3,814 (+694.2%), from €549 to €4,364
- Gross operating margin +€21,167
up €21,167, from -€3 to €21,164
- Depreciation -€853
down €853 (-60.3%), from €1,415 to €562
- Financial charges -€288
down €288 (-41.7%), from €690 to €402
of which Non-recurring financial charges: -€277
- Other operating charges +€221
up €221 (+232.5%), from €95 to €316
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,690 | €56,922 | +€27,233 | +91.7% |
| Fixed assets | 21/28 | €994 | €7,432 | +€6,438 | +647.6% |
| Tangible fixed assets | 22/27 | €994 | €7,432 | +€6,438 | +647.6% |
| Plant, machinery and equipment | 23 | €994 | €656 | -€338 | -34.0% |
| Furniture and vehicles | 24 | - | €6,776 | +€6,776 | |
| Current assets | 29/58 | €28,695 | €49,490 | +€20,795 | +72.5% |
| Amounts receivable within one year | 40/41 | €28,288 | €49,068 | +€20,781 | +73.5% |
| Trade receivables | 40 | €27,600 | €48,294 | +€20,694 | +75.0% |
| Other amounts receivable | 41 | €688 | €774 | +€86 | +12.6% |
| Deferred charges and accrued income | 490/1 | €408 | €422 | +€15 | +3.6% |
| Total equity and liabilities | 10/49 | €29,690 | €56,922 | +€27,233 | +91.7% |
| Equity | 10/15 | -€27,421 | -€7,537 | +€19,883 | +72.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,421 | -€12,537 | +€19,883 | +61.3% |
| Amounts payable | 17/49 | €57,110 | €64,460 | +€7,349 | +12.9% |
| Amounts payable within one year | 42/48 | €57,110 | €64,157 | +€7,047 | +12.3% |
| Financial debts | 43 | €549 | €4,364 | +€3,814 | +694.2% |
| Credit institutions | 430/8 | €549 | €4,364 | +€3,814 | +694.2% |
| Trade debts | 44 | €1,618 | €21,567 | +€19,950 | +1233.3% |
| Suppliers | 440/4 | €1,618 | €21,567 | +€19,950 | +1233.3% |
| Taxes, remuneration and social security | 45 | €21,534 | €432 | -€21,103 | -98.0% |
| Taxes | 450/3 | €830 | €432 | -€398 | -48.0% |
| Remuneration and social security | 454/9 | €20,704 | - | -€20,704 | |
| Other amounts payable | 47/48 | €33,409 | €37,794 | +€4,385 | +13.1% |
| Accrued charges and deferred income | 492/3 | - | €302 | +€302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,415 | €562 | -€853 | -60.3% |
| Other operating charges | 640/8 | €95 | €316 | +€221 | +232.5% |
| Gross operating margin | 9900 | -€3 | €21,164 | +€21,167 | |
| Operating profit (loss) | 9901 | -€1,514 | €20,285 | +€21,799 | |
| Financial income | 75/76B | €175 | - | -€175 | |
| Recurring financial income | 75 | €175 | - | -€175 | |
| Non-recurring financial income | 76B | €175 | - | -€175 | |
| Financial charges | 65/66B | €690 | €402 | -€288 | -41.7% |
| Recurring financial charges | 65 | €170 | €160 | -€10 | -6.0% |
| Non-recurring financial charges | 66B | €520 | €242 | -€277 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,028 | €19,883 | +€21,911 | |
| Profit (loss) for the period | 9904 | -€2,028 | €19,883 | +€21,911 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,028 | €19,883 | +€21,911 |
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 3 October 2026 via checked.be.