BRUSSAM: 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.
BRUSSAM
Largest movements
- Tangible fixed assets -€87,819
down €87,819 (-9.0%), from €980,571 to €892,752
of which Land and buildings: -€96,395
- Cash -€38,000
down €38,000 (-84.4%), from €45,042 to €7,042
mainly Debts after one year (-€205,777) and Stocks and contracts (-€32,608)
- Stocks and contracts +€32,608
up €32,608 (+399.1%), from €8,170 to €40,778
- Debts after one year -€205,777
down €205,777 (-35.2%), from €584,923 to €379,146
- Trade debts +€72,245
up €72,245 (+27.0%), from €267,177 to €339,422
- Turnover +€212,393
up €212,393 (+19.2%), from €1.1m to €1.3m
- Purchases and services +€132,805
up €132,805 (+16.7%), from €795,311 to €928,116
- Gross operating margin +€79,588
up €79,588 (+25.7%), from €309,280 to €388,868
- Depreciation +€19,142
up €19,142 (+17.0%), from €112,799 to €131,941
- Other operating charges +€13,902
up €13,902 (+28.3%), from €49,118 to €63,020
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,991,367 | €2,853,347 | -€138,020 | -4.6% |
| Fixed assets | 21/28 | €2,548,748 | €2,437,717 | -€111,031 | -4.4% |
| Tangible fixed assets | 22/27 | €980,571 | €892,752 | -€87,819 | -9.0% |
| Land and buildings | 22 | €749,868 | €653,473 | -€96,395 | -12.9% |
| Plant, machinery and equipment | 23 | €47,332 | €33,966 | -€13,366 | -28.2% |
| Furniture and vehicles | 24 | €178,271 | €200,213 | +€21,942 | +12.3% |
| Leasing and similar rights | 25 | €5,100 | €5,100 | = | 0.0% |
| Financial fixed assets | 28 | €1,568,177 | €1,544,965 | -€23,212 | -1.5% |
| Current assets | 29/58 | €442,619 | €415,630 | -€26,989 | -6.1% |
| Stocks and contracts in progress | 3 | €8,170 | €40,778 | +€32,608 | +399.1% |
| Stocks | 30/36 | €8,170 | €40,778 | +€32,608 | +399.1% |
| Amounts receivable within one year | 40/41 | €340,002 | €346,661 | +€6,659 | +2.0% |
| Trade receivables | 40 | €336,081 | €334,598 | -€1,483 | -0.4% |
| Other amounts receivable | 41 | €3,921 | €12,063 | +€8,142 | +207.7% |
| Cash at bank and in hand | 54/58 | €45,042 | €7,042 | -€38,000 | -84.4% |
| Deferred charges and accrued income | 490/1 | €49,405 | €21,149 | -€28,256 | -57.2% |
| Total equity and liabilities | 10/49 | €2,991,367 | €2,853,347 | -€138,020 | -4.6% |
| Equity | 10/15 | €1,573,035 | €1,573,260 | +€225 | 0.0% |
| Contributions | 10/11 | €1,524,270 | €1,524,270 | = | 0.0% |
| Capital | 10 | €1,524,270 | €1,524,270 | = | 0.0% |
| Issued capital | 100 | €1,524,270 | €1,524,270 | = | 0.0% |
| Reserves | 13 | €10,154 | €10,154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,154 | €10,154 | = | 0.0% |
| Legal reserve | 130 | €10,154 | €10,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,611 | €38,836 | +€225 | +0.6% |
| Amounts payable | 17/49 | €1,418,332 | €1,280,087 | -€138,245 | -9.7% |
| Amounts payable after more than one year | 17 | €584,923 | €379,146 | -€205,777 | -35.2% |
| Financial debts | 170/4 | €584,923 | €379,146 | -€205,777 | -35.2% |
| Amounts payable within one year | 42/48 | €768,606 | €815,599 | +€46,993 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €228,799 | €214,858 | -€13,941 | -6.1% |
| Trade debts | 44 | €267,177 | €339,422 | +€72,245 | +27.0% |
| Suppliers | 440/4 | €267,177 | €339,422 | +€72,245 | +27.0% |
| Taxes, remuneration and social security | 45 | €32,794 | €37,435 | +€4,641 | +14.2% |
| Taxes | 450/3 | €11,367 | €4,289 | -€7,078 | -62.3% |
| Remuneration and social security | 454/9 | €21,427 | €33,146 | +€11,719 | +54.7% |
| Other amounts payable | 47/48 | €239,836 | €223,884 | -€15,952 | -6.7% |
| Accrued charges and deferred income | 492/3 | €64,803 | €85,342 | +€20,539 | +31.7% |
| Turnover | 70 | €1,104,591 | €1,316,984 | +€212,393 | +19.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €795,311 | €928,116 | +€132,805 | +16.7% |
| Remuneration, social security and pensions | 62 | €129,398 | €122,051 | -€7,347 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,799 | €131,941 | +€19,142 | +17.0% |
| Other operating charges | 640/8 | €49,118 | €63,020 | +€13,902 | +28.3% |
| Gross operating margin | 9900 | €309,280 | €388,868 | +€79,588 | +25.7% |
| Operating profit (loss) | 9901 | €17,965 | €71,856 | +€53,891 | +300.0% |
| Financial income | 75/76B | €1,288 | - | -€1,288 | |
| Recurring financial income | 75 | €1,288 | - | -€1,288 | |
| Financial charges | 65/66B | €44,921 | €56,392 | +€11,471 | +25.5% |
| Recurring financial charges | 65 | €44,921 | €56,392 | +€11,471 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | -€25,668 | €15,464 | +€41,132 | |
| Income taxes | 67/77 | €6,339 | €2,239 | -€4,100 | -64.7% |
| Profit (loss) for the period | 9904 | -€32,007 | €13,225 | +€45,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,007 | €13,225 | +€45,232 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.