BRUTHO TECHNICS: what changed
What changed
BRUTHO TECHNICS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€176,869
2025 · €219,403-€42,534
Equity
€272,589
2025 · €218,823+€53,766
Cash
€259,829
2025 · €208,082+€51,747
Balance sheet total
€646,283
2025 · €603,373+€42,910
Largest movements
Assets
- Cash +€51,747
up €51,747 (+24.9%), from €208,082 to €259,829
mainly Net result for the year (+€176,869) and Accrued charges and deferred income (+€38,984)
- Tangible fixed assets -€26,806
down €26,806 (-10.3%), from €261,306 to €234,500
of which Land and buildings: -€20,414
- Receivables within one year +€20,747
up €20,747 (+17.8%), from €116,492 to €137,240
of which Trade receivables: +€13,634
Equity and liabilities
- Profit (loss) carried forward +€59,966
up €59,966 (+162%), from €36,903 to €96,869
- Accrued charges and deferred income +€38,984
up €38,984 (+111%), from €35,000 to €73,984
- Other debts -€27,293
down €27,293 (-25.4%), from €107,293 to €80,000
- Debts after one year -€17,739
down €17,739 (-10.4%), from €170,502 to €152,763
- Tax, wage and social debts -€13,026
down €13,026 (-63.4%), from €20,554 to €7,528
of which Taxes: -€13,763
Income statement
- Gross operating margin -€56,018
down €56,018 (-15.5%), from €361,804 to €305,786
- Taxes -€14,651
down €14,651 (-30.6%), from €47,870 to €33,219
Change in the result, 2025 to 2026
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 2025
€219,403
Gross operating margin
-€56,018
Staff costs
+€62
Depreciation
-€636
Other operating charges
-€188
Financial income
-€961
Financial charges
+€555
Taxes
+€14,651
Result 2026
€176,869
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€203,335
Investment
-€11,686
Financing
-€139,902
Cash 2025
€208,082
From operations (derived)
+€203,335
Net result for the year
+€176,869
Depreciation
+€38,492
Stocks and contracts
+€3,000
Receivables within one year
-€20,747
Smaller working-capital items
-€10
Trade debts
+€7,068
Tax, wage and social debts
-€13,026
Other debts
-€27,293
Accrued charges and deferred income
+€38,984
Investment (derived)
-€11,686
Investment in fixed assets (net)
-€11,686
Financing
-€139,902
Debts after one year
-€17,739
Current portion of long-term debt
+€940
Contributions, distributions and other
-€123,103
Cash 2026
€259,829
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €603,373 | €646,283 | +€42,910 | +7.1% |
| Fixed assets | 21/28 | €261,306 | €234,500 | -€26,806 | -10.3% |
| Tangible fixed assets | 22/27 | €261,306 | €234,500 | -€26,806 | -10.3% |
| Land and buildings | 22 | €222,101 | €201,687 | -€20,414 | -9.2% |
| Plant, machinery and equipment | 23 | €2,159 | €4,100 | +€1,941 | +89.9% |
| Furniture and vehicles | 24 | €37,045 | €28,713 | -€8,333 | -22.5% |
| Current assets | 29/58 | €342,067 | €411,783 | +€69,716 | +20.4% |
| Stocks and contracts in progress | 3 | €10,500 | €7,500 | -€3,000 | -28.6% |
| Stocks | 30/36 | €10,500 | €7,500 | -€3,000 | -28.6% |
| Amounts receivable within one year | 40/41 | €116,492 | €137,240 | +€20,747 | +17.8% |
| Trade receivables | 40 | €95,976 | €109,610 | +€13,634 | +14.2% |
| Other amounts receivable | 41 | €20,517 | €27,630 | +€7,113 | +34.7% |
| Cash at bank and in hand | 54/58 | €208,082 | €259,829 | +€51,747 | +24.9% |
| Deferred charges and accrued income | 490/1 | €6,993 | €7,215 | +€222 | +3.2% |
| Total equity and liabilities | 10/49 | €603,373 | €646,283 | +€42,910 | +7.1% |
| Equity | 10/15 | €218,823 | €272,589 | +€53,766 | +24.6% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €175,720 | €175,720 | = | 0.0% |
| Distributable reserves | 133 | €175,720 | €175,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,903 | €96,869 | +€59,966 | +162% |
| Amounts payable | 17/49 | €384,550 | €373,694 | -€10,856 | -2.8% |
| Amounts payable after more than one year | 17 | €170,502 | €152,763 | -€17,739 | -10.4% |
| Financial debts | 170/4 | €170,502 | €152,763 | -€17,739 | -10.4% |
| Amounts payable within one year | 42/48 | €179,048 | €146,947 | -€32,101 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €17,704 | €18,644 | +€940 | +5.3% |
| Trade debts | 44 | €33,496 | €40,563 | +€7,068 | +21.1% |
| Suppliers | 440/4 | €33,496 | €40,563 | +€7,068 | +21.1% |
| Advances received on contracts in progress | 46 | - | €211 | +€211 | |
| Taxes, remuneration and social security | 45 | €20,554 | €7,528 | -€13,026 | -63.4% |
| Taxes | 450/3 | €17,002 | €3,239 | -€13,763 | -80.9% |
| Remuneration and social security | 454/9 | €3,552 | €4,289 | +€737 | +20.7% |
| Other amounts payable | 47/48 | €107,293 | €80,000 | -€27,293 | -25.4% |
| Accrued charges and deferred income | 492/3 | €35,000 | €73,984 | +€38,984 | +111% |
| Remuneration, social security and pensions | 62 | €54,532 | €54,470 | -€62 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,856 | €38,492 | +€636 | +1.7% |
| Other operating charges | 640/8 | €1,091 | €1,279 | +€188 | +17.3% |
| Gross operating margin | 9900 | €361,804 | €305,786 | -€56,018 | -15.5% |
| Operating profit (loss) | 9901 | €268,325 | €211,546 | -€56,780 | -21.2% |
| Financial income | 75/76B | €9,062 | €8,102 | -€961 | -10.6% |
| Recurring financial income | 75 | €9,062 | €8,102 | -€961 | -10.6% |
| Financial charges | 65/66B | €10,115 | €9,560 | -€555 | -5.5% |
| Recurring financial charges | 65 | €10,115 | €9,560 | -€555 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €267,273 | €210,088 | -€57,185 | -21.4% |
| Income taxes | 67/77 | €47,870 | €33,219 | -€14,651 | -30.6% |
| Profit (loss) for the period | 9904 | €219,403 | €176,869 | -€42,534 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €219,403 | €176,869 | -€42,534 | -19.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.