BRUNOASSUR: 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.
BRUNOASSUR
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-15.6%), from €128,311 to €108,311
- Tangible fixed assets +€18,866
up €18,866 (+25.4%), from €74,194 to €93,059
of which Furniture and vehicles: +€19,262
- Deferred charges and accrued income +€16,518
up €16,518 (+48.7%), from €33,900 to €50,418
- Receivables within one year +€12,521
up €12,521 (+114%), from €10,975 to €23,497
of which Other amounts receivable: +€11,385
- Cash -€7,902
down €7,902 (-8.4%), from €93,765 to €85,863
mainly Contributions, distributions and other (-€73,171) and Investment in fixed assets (net) (-€51,175)
- Current portion of long-term debt -€16,892
down €16,892 (-49.3%), from €34,286 to €17,394
- Debts after one year +€13,659
up €13,659 (+25.1%), from €54,403 to €68,062
- Other debts +€12,111
up €12,111 (+19.8%), from €61,200 to €73,311
- Profit (loss) carried forward +€5,638
up €5,638 (+238%), from €2,369 to €8,008
- Trade debts +€3,993
up €3,993 (+135%), from €2,948 to €6,941
- Staff costs +€90,696
new in 2025: €90,696
- Gross operating margin +€82,122
up €82,122 (+44.0%), from €186,754 to €268,876
- Taxes -€11,899
down €11,899 (-26.8%), from €44,472 to €32,573
- Other operating charges +€6,674
up €6,674 (+267%), from €2,503 to €9,177
- Depreciation +€3,743
up €3,743 (+7.7%), from €48,566 to €52,309
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,653 | €375,656 | +€20,003 | +5.6% |
| Fixed assets | 21/28 | €205,013 | €203,879 | -€1,134 | -0.6% |
| Intangible fixed assets | 21 | €128,311 | €108,311 | -€20,000 | -15.6% |
| Tangible fixed assets | 22/27 | €74,194 | €93,059 | +€18,866 | +25.4% |
| Furniture and vehicles | 24 | €72,738 | €92,000 | +€19,262 | +26.5% |
| Other tangible fixed assets | 26 | €1,456 | €1,060 | -€396 | -27.2% |
| Financial fixed assets | 28 | €2,509 | €2,509 | = | 0.0% |
| Current assets | 29/58 | €150,640 | €171,777 | +€21,137 | +14.0% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 291 | €12,000 | €12,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,975 | €23,497 | +€12,521 | +114% |
| Trade receivables | 40 | - | €1,136 | +€1,136 | |
| Other amounts receivable | 41 | €10,975 | €22,360 | +€11,385 | +104% |
| Cash at bank and in hand | 54/58 | €93,765 | €85,863 | -€7,902 | -8.4% |
| Deferred charges and accrued income | 490/1 | €33,900 | €50,418 | +€16,518 | +48.7% |
| Total equity and liabilities | 10/49 | €355,653 | €375,656 | +€20,003 | +5.6% |
| Equity | 10/15 | €182,222 | €187,860 | +€5,638 | +3.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €177,353 | €177,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €174,853 | €174,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,369 | €8,008 | +€5,638 | +238% |
| Amounts payable | 17/49 | €173,431 | €187,796 | +€14,365 | +8.3% |
| Amounts payable after more than one year | 17 | €54,403 | €68,062 | +€13,659 | +25.1% |
| Financial debts | 170/4 | €54,403 | €68,062 | +€13,659 | +25.1% |
| Amounts payable within one year | 42/48 | €119,028 | €119,734 | +€706 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €34,286 | €17,394 | -€16,892 | -49.3% |
| Trade debts | 44 | €2,948 | €6,941 | +€3,993 | +135% |
| Suppliers | 440/4 | €2,948 | €6,941 | +€3,993 | +135% |
| Taxes, remuneration and social security | 45 | €20,595 | €22,088 | +€1,493 | +7.3% |
| Taxes | 450/3 | €4,258 | €4,258 | = | 0.0% |
| Remuneration and social security | 454/9 | €16,336 | €17,830 | +€1,493 | +9.1% |
| Other amounts payable | 47/48 | €61,200 | €73,311 | +€12,111 | +19.8% |
| Remuneration, social security and pensions | 62 | - | €90,696 | +€90,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,566 | €52,309 | +€3,743 | +7.7% |
| Other operating charges | 640/8 | €2,503 | €9,177 | +€6,674 | +267% |
| Gross operating margin | 9900 | €186,754 | €268,876 | +€82,122 | +44.0% |
| Operating profit (loss) | 9901 | €135,685 | €116,694 | -€18,991 | -14.0% |
| Financial income | 75/76B | €1 | €2 | +€1 | +45.7% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +45.7% |
| Financial charges | 65/66B | €2,362 | €5,314 | +€2,952 | +125% |
| Recurring financial charges | 65 | €2,362 | €5,314 | +€2,952 | +125% |
| Profit (loss) for the period before taxes | 9903 | €133,325 | €111,382 | -€21,942 | -16.5% |
| Income taxes | 67/77 | €44,472 | €32,573 | -€11,899 | -26.8% |
| Profit (loss) for the period | 9904 | €88,853 | €78,809 | -€10,044 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,853 | €78,809 | -€10,044 | -11.3% |
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 29 October 2026 via checked.be.