BRUWAG: 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.
BRUWAG
Largest movements
- Cash -€12,585
no longer reported in 2025 (was €12,585)
mainly Net result for the year (-€85,504) and Receivables within one year (-€10,494)
- Stocks and contracts -€11,174
down €11,174 (-23.8%), from €46,976 to €35,803
- Receivables within one year +€10,494
up €10,494 (+28.7%), from €36,609 to €47,103
of which Trade receivables: +€10,488
- Financial fixed assets +€1,650
new in 2025: €1,650
- Profit (loss) carried forward -€85,504
down €85,504, from €318 to -€85,187
- Short-term financial debts +€30,855
new in 2025: €30,855
of which Credit institutions: +€20,855
- Tax, wage and social debts +€23,998
up €23,998 (+100.8%), from €23,811 to €47,809
of which Taxes: +€12,388
- Trade debts +€18,297
up €18,297 (+27.3%), from €67,085 to €85,382
- Accrued charges and deferred income +€1,100
up €1,100 (+116.4%), from €945 to €2,045
- Gross operating margin -€83,277
down €83,277, from €5,715 to -€77,562
- Financial charges +€3,164
up €3,164 (+127.5%), from €2,482 to €5,645
- Depreciation -€2,161
down €2,161 (-89.1%), from €2,426 to €265
- Other operating charges +€1,826
new in 2025: €1,826
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.
Cash bridge derived
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 | €97,201 | €86,032 | -€11,169 | -11.5% |
| Fixed assets | 21/28 | €588 | €1,973 | +€1,385 | +235.6% |
| Intangible fixed assets | 21 | €588 | €323 | -€265 | -45.1% |
| Financial fixed assets | 28 | - | €1,650 | +€1,650 | |
| Current assets | 29/58 | €96,613 | €84,059 | -€12,554 | -13.0% |
| Stocks and contracts in progress | 3 | €46,976 | €35,803 | -€11,174 | -23.8% |
| Stocks | 30/36 | €46,976 | €35,803 | -€11,174 | -23.8% |
| Amounts receivable within one year | 40/41 | €36,609 | €47,103 | +€10,494 | +28.7% |
| Trade receivables | 40 | €36,609 | €47,097 | +€10,488 | +28.6% |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €12,585 | - | -€12,585 | |
| Deferred charges and accrued income | 490/1 | €443 | €1,153 | +€710 | +160.5% |
| Total equity and liabilities | 10/49 | €97,201 | €86,032 | -€11,169 | -11.5% |
| Equity | 10/15 | €5,318 | -€80,187 | -€85,504 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318 | -€85,187 | -€85,504 | |
| Amounts payable | 17/49 | €91,883 | €166,218 | +€74,336 | +80.9% |
| Amounts payable within one year | 42/48 | €90,938 | €164,173 | +€73,236 | +80.5% |
| Financial debts | 43 | - | €30,855 | +€30,855 | |
| Credit institutions | 430/8 | - | €20,855 | +€20,855 | |
| Other loans | 439 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €67,085 | €85,382 | +€18,297 | +27.3% |
| Suppliers | 440/4 | €67,085 | €85,382 | +€18,297 | +27.3% |
| Taxes, remuneration and social security | 45 | €23,811 | €47,809 | +€23,998 | +100.8% |
| Taxes | 450/3 | €23,811 | €36,199 | +€12,388 | +52.0% |
| Remuneration and social security | 454/9 | - | €11,609 | +€11,609 | |
| Other amounts payable | 47/48 | €41 | €128 | +€86 | +208.7% |
| Accrued charges and deferred income | 492/3 | €945 | €2,045 | +€1,100 | +116.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,426 | €265 | -€2,161 | -89.1% |
| Other operating charges | 640/8 | - | €1,826 | +€1,826 | |
| Gross operating margin | 9900 | €5,715 | -€77,562 | -€83,277 | |
| Operating profit (loss) | 9901 | €3,289 | -€79,653 | -€82,941 | |
| Financial income | 75/76B | €1 | €20 | +€19 | +2728.2% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +2728.2% |
| Financial charges | 65/66B | €2,482 | €5,645 | +€3,164 | +127.5% |
| Recurring financial charges | 65 | €2,482 | €5,645 | +€3,164 | +127.5% |
| Profit (loss) for the period before taxes | 9903 | €808 | -€85,278 | -€86,086 | |
| Income taxes | 67/77 | €490 | €227 | -€263 | -53.8% |
| Profit (loss) for the period | 9904 | €318 | -€85,504 | -€85,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €318 | -€85,504 | -€85,822 |
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 12 October 2026 via checked.be.