BRUTUS FARMA: 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.
BRUTUS FARMA
Largest movements
- Cash +€88,081
up €88,081 (+52.1%), from €169,087 to €257,168
mainly Net result for the year (+€250,964) and Current portion of long-term debt (+€87,583)
- Current investments +€74,000
new in 2025: €74,000
- Profit (loss) carried forward +€250,964
up €250,964 (+129%), from €195,046 to €446,010
- Debts after one year -€227,792
down €227,792 (-9.6%), from €2.4m to €2.2m
- Current portion of long-term debt +€87,583
up €87,583 (+62.5%), from €140,208 to €227,792
- Accrued charges and deferred income +€36,137
new in 2025: €36,137
- Gross operating margin +€68,544
up €68,544 (+18.9%), from €361,852 to €430,396
- Taxes +€17,752
up €17,752 (+30.0%), from €59,236 to €76,988
- Financial charges -€4,855
down €4,855 (-4.5%), from €107,212 to €102,356
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 | €2,944,502 | €3,107,777 | +€163,275 | +5.5% |
| Fixed assets | 21/28 | €2,775,000 | €2,775,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,775,000 | €2,775,000 | = | 0.0% |
| Current assets | 29/58 | €169,502 | €332,777 | +€163,275 | +96.3% |
| Amounts receivable within one year | 40/41 | €415 | €874 | +€458 | +110% |
| Other amounts receivable | 41 | €415 | €874 | +€458 | +110% |
| Current investments | 50/53 | - | €74,000 | +€74,000 | |
| Cash at bank and in hand | 54/58 | €169,087 | €257,168 | +€88,081 | +52.1% |
| Deferred charges and accrued income | 490/1 | - | €735 | +€735 | |
| Total equity and liabilities | 10/49 | €2,944,502 | €3,107,777 | +€163,275 | +5.5% |
| Equity | 10/15 | €200,046 | €451,010 | +€250,964 | +125% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,046 | €446,010 | +€250,964 | +129% |
| Amounts payable | 17/49 | €2,744,457 | €2,656,767 | -€87,689 | -3.2% |
| Amounts payable after more than one year | 17 | €2,383,433 | €2,155,642 | -€227,792 | -9.6% |
| Financial debts | 170/4 | €2,383,433 | €2,155,642 | -€227,792 | -9.6% |
| Amounts payable within one year | 42/48 | €361,023 | €464,989 | +€103,965 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €140,208 | €227,792 | +€87,583 | +62.5% |
| Trade debts | 44 | €830 | €806 | -€24 | -2.9% |
| Suppliers | 440/4 | €830 | €806 | -€24 | -2.9% |
| Taxes, remuneration and social security | 45 | €81,102 | €98,867 | +€17,765 | +21.9% |
| Taxes | 450/3 | €81,102 | €98,867 | +€17,765 | +21.9% |
| Other amounts payable | 47/48 | €138,883 | €137,524 | -€1,359 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €36,137 | +€36,137 | |
| Other operating charges | 640/8 | €359 | €88 | -€271 | -75.6% |
| Gross operating margin | 9900 | €361,852 | €430,396 | +€68,544 | +18.9% |
| Operating profit (loss) | 9901 | €361,493 | €430,308 | +€68,815 | +19.0% |
| Financial charges | 65/66B | €107,212 | €102,356 | -€4,855 | -4.5% |
| Recurring financial charges | 65 | €107,212 | €102,356 | -€4,855 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €254,281 | €327,952 | +€73,671 | +29.0% |
| Income taxes | 67/77 | €59,236 | €76,988 | +€17,752 | +30.0% |
| Profit (loss) for the period | 9904 | €195,046 | €250,964 | +€55,919 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €195,046 | €250,964 | +€55,919 | +28.7% |
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 30 October 2026 via checked.be.