BRUNOSELECT: 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.
BRUNOSELECT
Largest movements
- Receivables after one year +€43,395
new in 2025: €43,395
- Cash +€23,627
up €23,627 (+161.9%), from €14,598 to €38,226
mainly Net result for the year (+€69,099) and Depreciation (+€43,068)
- Tangible fixed assets +€7,187
up €7,187 (+5.5%), from €131,721 to €138,908
of which Furniture and vehicles: +€19,296
- Reserves +€58,000
up €58,000 (+80.7%), from €71,860 to €129,860
- Debts after one year +€18,425
new in 2025: €18,425
- Other debts -€16,663
down €16,663 (-59.0%), from €28,245 to €11,582
- Tax, wage and social debts +€9,629
up €9,629 (+60.9%), from €15,818 to €25,446
of which Taxes: +€9,408
- Current portion of long-term debt +€6,623
up €6,623 (+520.2%), from €1,273 to €7,896
- Depreciation +€10,111
up €10,111 (+30.7%), from €32,957 to €43,068
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 | €172,284 | €250,647 | +€78,363 | +45.5% |
| Fixed assets | 21/28 | €131,890 | €139,077 | +€7,187 | +5.4% |
| Tangible fixed assets | 22/27 | €131,721 | €138,908 | +€7,187 | +5.5% |
| Plant, machinery and equipment | 23 | €79,407 | €56,970 | -€22,437 | -28.3% |
| Furniture and vehicles | 24 | €8,909 | €28,205 | +€19,296 | +216.6% |
| Other tangible fixed assets | 26 | €43,405 | €53,733 | +€10,328 | +23.8% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €40,394 | €111,570 | +€71,176 | +176.2% |
| Amounts receivable after more than one year | 29 | - | €43,395 | +€43,395 | |
| Other amounts receivable | 291 | - | €43,395 | +€43,395 | |
| Amounts receivable within one year | 40/41 | €23,874 | €26,095 | +€2,221 | +9.3% |
| Trade receivables | 40 | €22,332 | €25,522 | +€3,190 | +14.3% |
| Other amounts receivable | 41 | €1,542 | €573 | -€969 | -62.8% |
| Cash at bank and in hand | 54/58 | €14,598 | €38,226 | +€23,627 | +161.9% |
| Deferred charges and accrued income | 490/1 | €1,922 | €3,855 | +€1,933 | +100.6% |
| Total equity and liabilities | 10/49 | €172,284 | €250,647 | +€78,363 | +45.5% |
| Equity | 10/15 | €117,795 | €176,894 | +€59,099 | +50.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,860 | €129,860 | +€58,000 | +80.7% |
| Distributable reserves | 133 | €71,860 | €129,860 | +€58,000 | +80.7% |
| Profit (loss) carried forward | 14 | €27,335 | €28,434 | +€1,099 | +4.0% |
| Amounts payable | 17/49 | €54,489 | €73,753 | +€19,263 | +35.4% |
| Amounts payable after more than one year | 17 | - | €18,425 | +€18,425 | |
| Financial debts | 170/4 | - | €18,425 | +€18,425 | |
| Amounts payable within one year | 42/48 | €54,489 | €55,328 | +€839 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €1,273 | €7,896 | +€6,623 | +520.2% |
| Trade debts | 44 | €9,154 | €10,404 | +€1,250 | +13.7% |
| Suppliers | 440/4 | €9,154 | €10,404 | +€1,250 | +13.7% |
| Taxes, remuneration and social security | 45 | €15,818 | €25,446 | +€9,629 | +60.9% |
| Taxes | 450/3 | €9,217 | €18,624 | +€9,408 | +102.1% |
| Remuneration and social security | 454/9 | €6,601 | €6,822 | +€221 | +3.4% |
| Other amounts payable | 47/48 | €28,245 | €11,582 | -€16,663 | -59.0% |
| Remuneration, social security and pensions | 62 | €24,320 | €25,133 | +€813 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,957 | €43,068 | +€10,111 | +30.7% |
| Other operating charges | 640/8 | €7,725 | €7,270 | -€456 | -5.9% |
| Non-recurring operating charges | 66A | €303 | €552 | +€249 | +82.3% |
| Gross operating margin | 9900 | €178,774 | €179,635 | +€860 | +0.5% |
| Operating profit (loss) | 9901 | €113,470 | €103,613 | -€9,857 | -8.7% |
| Financial income | 75/76B | - | €1,013 | +€1,013 | |
| Recurring financial income | 75 | - | €1,013 | +€1,013 | |
| Financial charges | 65/66B | €1,435 | €1,768 | +€333 | +23.2% |
| Recurring financial charges | 65 | €1,435 | €1,768 | +€333 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €112,035 | €102,858 | -€9,177 | -8.2% |
| Income taxes | 67/77 | €32,833 | €33,758 | +€925 | +2.8% |
| Profit (loss) for the period | 9904 | €79,202 | €69,099 | -€10,103 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €79,202 | €69,099 | -€10,103 | -12.8% |
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 5 October 2026 via checked.be.