Brut Collective: 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.
Brut Collective
Largest movements
- Cash -€4,624
down €4,624 (-32.6%), from €14,178 to €9,554
mainly Net result for the year (-€5,428) and Tax, wage and social debts (-€1,043)
- Receivables within one year -€1,446
down €1,446 (-97.9%), from €1,478 to €31
- Tangible fixed assets -€474
down €474 (-47.2%), from €1,005 to €530
of which Other tangible fixed assets: -€416
- Deferred charges and accrued income +€460
new in 2025: €460
- Profit (loss) carried forward -€5,428
down €5,428 (-46.1%), from €11,784 to €6,356
- Tax, wage and social debts -€1,043
down €1,043 (-55.3%), from €1,885 to €842
- Trade debts +€386
up €386 (+419%), from €92 to €478
- Gross operating margin -€8,409
down €8,409, from €4,361 to -€4,048
- Taxes -€837
down €837 (-99.4%), from €842 to €5
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 | €16,660 | €10,576 | -€6,084 | -36.5% |
| Fixed assets | 21/28 | €1,005 | €530 | -€474 | -47.2% |
| Tangible fixed assets | 22/27 | €1,005 | €530 | -€474 | -47.2% |
| Plant, machinery and equipment | 23 | €72 | €13 | -€58 | -81.5% |
| Other tangible fixed assets | 26 | €933 | €517 | -€416 | -44.6% |
| Current assets | 29/58 | €15,656 | €10,046 | -€5,610 | -35.8% |
| Amounts receivable within one year | 40/41 | €1,478 | €31 | -€1,446 | -97.9% |
| Other amounts receivable | 41 | €1,478 | €31 | -€1,446 | -97.9% |
| Cash at bank and in hand | 54/58 | €14,178 | €9,554 | -€4,624 | -32.6% |
| Deferred charges and accrued income | 490/1 | - | €460 | +€460 | |
| Total equity and liabilities | 10/49 | €16,660 | €10,576 | -€6,084 | -36.5% |
| Equity | 10/15 | €14,284 | €8,856 | -€5,428 | -38.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,784 | €6,356 | -€5,428 | -46.1% |
| Amounts payable | 17/49 | €2,376 | €1,720 | -€656 | -27.6% |
| Amounts payable within one year | 42/48 | €1,977 | €1,320 | -€657 | -33.2% |
| Trade debts | 44 | €92 | €478 | +€386 | +419% |
| Suppliers | 440/4 | €92 | €478 | +€386 | +419% |
| Taxes, remuneration and social security | 45 | €1,885 | €842 | -€1,043 | -55.3% |
| Taxes | 450/3 | €1,885 | €842 | -€1,043 | -55.3% |
| Accrued charges and deferred income | 492/3 | €399 | €400 | +€1 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474 | €474 | = | 0.0% |
| Other operating charges | 640/8 | €517 | €537 | +€20 | +3.9% |
| Gross operating margin | 9900 | €4,361 | -€4,048 | -€8,409 | |
| Operating profit (loss) | 9901 | €3,370 | -€5,060 | -€8,429 | |
| Financial charges | 65/66B | €351 | €363 | +€11 | +3.3% |
| Recurring financial charges | 65 | €351 | €363 | +€11 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €3,018 | -€5,422 | -€8,441 | |
| Income taxes | 67/77 | €842 | €5 | -€837 | -99.4% |
| Profit (loss) for the period | 9904 | €2,176 | -€5,428 | -€7,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,176 | -€5,428 | -€7,604 |
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 27 October 2026 via checked.be.