BRUNOVATION: what changed
What changed
BRUNOVATION
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€45,925
2024 · €11,068+€34,857
Equity
€1.0m
2024 · €980,890+€44,374
Cash
€21,549
2024 · €13,318+€8,230
Balance sheet total
€2.0m
2024 · €2.1m-€64,067
Largest movements
Assets
- Tangible fixed assets -€72,991
down €72,991 (-3.9%), from €1.9m to €1.8m
of which Land and buildings: -€54,561
Equity and liabilities
- Debts after one year -€91,051
down €91,051 (-9.8%), from €930,767 to €839,716
of which Financial debts: -€106,667
- Reserves +€43,850
up €43,850 (+7.2%), from €610,500 to €654,350
of which Distributable reserves: +€44,000
Income statement
- Other operating charges -€98,398
down €98,398 (-96.4%), from €102,106 to €3,708
- Gross operating margin -€48,265
down €48,265 (-11.5%), from €418,543 to €370,278
- Taxes +€9,607
up €9,607 (+207%), from €4,651 to €14,257
- Financial charges +€5,819
up €5,819 (+28.2%), from €20,600 to €26,419
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€11,068
Gross operating margin
-€48,265
Staff costs
-€1,670
Depreciation
+€115
Write-downs
+€2,613
Other operating charges
+€98,398
Financial income
-€908
Financial charges
-€5,819
Taxes
-€9,607
Result 2025
€45,925
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€123,181
Investment
-€7,500
Financing
-€107,450
Cash 2024
€13,318
From operations (derived)
+€123,181
Net result for the year
+€45,925
Depreciation
+€72,991
Receivables within one year
+€5,917
Deferred charges and accrued income
+€890
Smaller working-capital items
+€70
Trade debts
-€15,196
Tax, wage and social debts
+€11,143
Other debts
+€1,442
Investment (derived)
-€7,500
Investment in fixed assets (net)
-€7,500
Financing
-€107,450
Debts after one year
-€91,051
Current portion of long-term debt
-€14,848
Contributions, distributions and other
-€1,550
Cash 2025
€21,549
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,074,427 | €2,010,360 | -€64,067 | -3.1% |
| Fixed assets | 21/28 | €1,895,087 | €1,829,596 | -€65,491 | -3.5% |
| Tangible fixed assets | 22/27 | €1,894,687 | €1,821,696 | -€72,991 | -3.9% |
| Land and buildings | 22 | €1,865,986 | €1,811,424 | -€54,561 | -2.9% |
| Furniture and vehicles | 24 | €28,701 | €10,272 | -€18,429 | -64.2% |
| Financial fixed assets | 28 | €400 | €7,900 | +€7,500 | +1,875% |
| Current assets | 29/58 | €179,340 | €180,764 | +€1,424 | +0.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €159,867 | €153,950 | -€5,917 | -3.7% |
| Trade receivables | 40 | €142,827 | €149,898 | +€7,071 | +5.0% |
| Other amounts receivable | 41 | €17,040 | €4,052 | -€12,987 | -76.2% |
| Cash at bank and in hand | 54/58 | €13,318 | €21,549 | +€8,230 | +61.8% |
| Deferred charges and accrued income | 490/1 | €6,155 | €5,265 | -€890 | -14.5% |
| Total equity and liabilities | 10/49 | €2,074,427 | €2,010,360 | -€64,067 | -3.1% |
| Equity | 10/15 | €980,890 | €1,025,265 | +€44,374 | +4.5% |
| Contributions | 10/11 | €333,400 | €333,400 | = | 0.0% |
| Capital | 10 | €333,400 | €333,400 | = | 0.0% |
| Issued capital | 100 | €333,400 | €333,400 | = | 0.0% |
| Reserves | 13 | €610,500 | €654,350 | +€43,850 | +7.2% |
| Non-distributable reserves | 130/1 | €33,340 | €33,340 | = | 0.0% |
| Legal reserve | 130 | €33,340 | €33,340 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,160 | €1,010 | -€150 | -12.9% |
| Distributable reserves | 133 | €576,000 | €620,000 | +€44,000 | +7.6% |
| Profit (loss) carried forward | 14 | €1,994 | €4,069 | +€2,075 | +104% |
| Investment grants | 15 | €34,996 | €33,445 | -€1,550 | -4.4% |
| Provisions and deferred taxes | 16 | €387 | €337 | -€50 | -12.9% |
| Deferred taxes | 168 | €387 | €337 | -€50 | -12.9% |
| Amounts payable | 17/49 | €1,093,150 | €984,759 | -€108,391 | -9.9% |
| Amounts payable after more than one year | 17 | €930,767 | €839,716 | -€91,051 | -9.8% |
| Financial debts | 170/4 | €150,000 | €43,333 | -€106,667 | -71.1% |
| Other amounts payable | 178/9 | €780,768 | €796,383 | +€15,615 | +2.0% |
| Amounts payable within one year | 42/48 | €162,382 | €144,923 | -€17,459 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €121,515 | €106,667 | -€14,848 | -12.2% |
| Trade debts | 44 | €23,214 | €8,018 | -€15,196 | -65.5% |
| Suppliers | 440/4 | €23,214 | €8,018 | -€15,196 | -65.5% |
| Taxes, remuneration and social security | 45 | €14,350 | €25,494 | +€11,143 | +77.7% |
| Taxes | 450/3 | €4,255 | €7,490 | +€3,235 | +76.0% |
| Remuneration and social security | 454/9 | €10,095 | €18,004 | +€7,909 | +78.3% |
| Other amounts payable | 47/48 | €3,303 | €4,745 | +€1,442 | +43.7% |
| Accrued charges and deferred income | 492/3 | €0 | €120 | +€120 | |
| Remuneration, social security and pensions | 62 | €206,954 | €208,624 | +€1,670 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,105 | €72,991 | -€115 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,613 | €0 | -€2,613 | -100% |
| Other operating charges | 640/8 | €102,106 | €3,708 | -€98,398 | -96.4% |
| Gross operating margin | 9900 | €418,543 | €370,278 | -€48,265 | -11.5% |
| Operating profit (loss) | 9901 | €33,765 | €84,955 | +€51,190 | +152% |
| Financial income | 75/76B | €2,504 | €1,596 | -€908 | -36.2% |
| Recurring financial income | 75 | €2,504 | €1,596 | -€908 | -36.2% |
| Financial charges | 65/66B | €20,600 | €26,419 | +€5,819 | +28.2% |
| Recurring financial charges | 65 | €20,600 | €26,419 | +€5,819 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €15,668 | €60,132 | +€44,464 | +284% |
| Transfer from deferred taxes | 780 | €50 | €50 | = | 0.0% |
| Income taxes | 67/77 | €4,651 | €14,257 | +€9,607 | +207% |
| Profit (loss) for the period | 9904 | €11,068 | €45,925 | +€34,857 | +315% |
| Transfer from tax-exempt reserves | 789 | €150 | €150 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,218 | €46,075 | +€34,857 | +311% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.