BRUTEK: 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.
BRUTEK
Largest movements
- Receivables within one year -€72,595
down €72,595 (-73.5%), from €98,748 to €26,153
of which Trade receivables: -€75,595
- Financial fixed assets +€44,438
up €44,438 (+74,063%), from €60 to €44,498
- Tangible fixed assets +€22,917
new in 2024: €22,917
of which Land and buildings: +€14,887
- Cash -€22,851
down €22,851 (-32.4%), from €70,510 to €47,659
mainly Investment in fixed assets (net) (-€68,811) and Tax, wage and social debts (-€45,831)
- Receivables after one year +€7,184
new in 2024: €7,184
- Tax, wage and social debts -€45,831
down €45,831 (-75.8%), from €60,495 to €14,664
of which Taxes: -€42,802
- Reserves +€22,603
up €22,603 (+21.0%), from €107,377 to €129,980
- Trade debts +€2,321
up €2,321 (+520%), from €446 to €2,767
- Gross operating margin -€117,418
down €117,418 (-77.5%), from €151,501 to €34,083
- Taxes -€34,048
down €34,048 (-77.2%), from €44,124 to €10,076
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,318 | €148,411 | -€20,907 | -12.3% |
| Fixed assets | 21/28 | €60 | €67,415 | +€67,355 | +112,258% |
| Tangible fixed assets | 22/27 | - | €22,917 | +€22,917 | |
| Land and buildings | 22 | - | €14,887 | +€14,887 | |
| Plant, machinery and equipment | 23 | - | €2,209 | +€2,209 | |
| Furniture and vehicles | 24 | - | €5,821 | +€5,821 | |
| Financial fixed assets | 28 | €60 | €44,498 | +€44,438 | +74,063% |
| Current assets | 29/58 | €169,258 | €80,996 | -€88,262 | -52.1% |
| Amounts receivable after more than one year | 29 | - | €7,184 | +€7,184 | |
| Other amounts receivable | 291 | - | €7,184 | +€7,184 | |
| Amounts receivable within one year | 40/41 | €98,748 | €26,153 | -€72,595 | -73.5% |
| Trade receivables | 40 | €98,748 | €23,153 | -€75,595 | -76.6% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €70,510 | €47,659 | -€22,851 | -32.4% |
| Total equity and liabilities | 10/49 | €169,318 | €148,411 | -€20,907 | -12.3% |
| Equity | 10/15 | €108,377 | €130,980 | +€22,603 | +20.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €107,377 | €129,980 | +€22,603 | +21.0% |
| Distributable reserves | 133 | €107,377 | €129,980 | +€22,603 | +21.0% |
| Amounts payable | 17/49 | €60,941 | €17,431 | -€43,510 | -71.4% |
| Amounts payable within one year | 42/48 | €60,941 | €17,431 | -€43,510 | -71.4% |
| Trade debts | 44 | €446 | €2,767 | +€2,321 | +520% |
| Suppliers | 440/4 | €446 | €2,767 | +€2,321 | +520% |
| Taxes, remuneration and social security | 45 | €60,495 | €14,664 | -€45,831 | -75.8% |
| Taxes | 450/3 | €57,466 | €14,664 | -€42,802 | -74.5% |
| Remuneration and social security | 454/9 | €3,028 | - | -€3,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,456 | +€1,456 | |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Gross operating margin | 9900 | €151,501 | €34,083 | -€117,418 | -77.5% |
| Operating profit (loss) | 9901 | €151,501 | €32,565 | -€118,936 | -78.5% |
| Financial income | 75/76B | €0 | €218 | +€218 | +272,038% |
| Recurring financial income | 75 | €0 | €218 | +€218 | +272,038% |
| Financial charges | 65/66B | €0 | €104 | +€104 | +345,967% |
| Recurring financial charges | 65 | €0 | €104 | +€104 | +345,967% |
| Profit (loss) for the period before taxes | 9903 | €151,501 | €32,679 | -€118,822 | -78.4% |
| Income taxes | 67/77 | €44,124 | €10,076 | -€34,048 | -77.2% |
| Profit (loss) for the period | 9904 | €107,377 | €22,603 | -€84,775 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,377 | €22,603 | -€84,775 | -79.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.