BRUYERRE: 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.
What changed
BRUYERRE
NACE 46.389, Wholesale of other food products
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€6.1m
2025 · €8.9m-€2.8m
Equity
€51.0m
2025 · €45.4m+€5.6m
Cash
€3.5m
2025 · €4.2m-€719,189
Balance sheet total
€84.1m
2025 · €76.2m+€7.9m
Largest movements
Assets
- Tangible fixed assets +€5.8m
up €5.8m (+30.9%), from €18.8m to €24.6m
of which Land and buildings: +€5.7m
- Stocks and contracts +€4.1m
up €4.1m (+20.6%), from €19.9m to €24.0m
- Intangible fixed assets -€1.5m
down €1.5m (-18.2%), from €8.5m to €7.0m
Equity and liabilities
- Profit (loss) carried forward +€4.7m
up €4.7m (+19.9%), from €23.9m to €28.6m
- Trade debts +€959,706
up €959,706 (+8.0%), from €11.9m to €12.9m
- Reserves +€859,806
up €859,806 (+7.6%), from €11.3m to €12.1m
of which Distributable reserves: +€1.6m
Income statement
- Turnover +€25.9m
up €25.9m (+14.4%), from €179.6m to €205.6m
- Goods and materials +€23.1m
up €23.1m (+16.3%), from €141.3m to €164.3m
of which Purchases: +€25.0m
- Staff costs +€3.1m
up €3.1m (+18.5%), from €17.0m to €20.2m
From the 2025 result to the 2026 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.
Result 2025
€8.9m
Turnover
+€25.9m
Other operating income
+€9,127
Goods and materials
-€23.1m
Services and other goods
-€1.1m
Staff costs
-€3.1m
Depreciation
-€2.0m
Write-downs
+€171,672
Other operating charges
-€124,072
Financial income
-€105,227
Financial charges
-€116,783
Taxes
+€756,361
Result 2026
€6.1m
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€7.9m
Investment
-€9.7m
Financing
+€1.1m
Cash 2025
€4.2m
From operations (derived)
+€7.9m
Net result for the year
+€6.1m
Depreciation
+€5.5m
Stocks and contracts
-€4.1m
Receivables within one year
-€137,767
Deferred charges and accrued income
-€80,391
Provisions
-€49,004
Trade debts
+€959,706
Tax, wage and social debts
+€92,161
Advances received
-€434,672
Other debts
-€157,354
Accrued charges and deferred income
+€218,772
Investment (derived)
-€9.7m
Investment in fixed assets (net)
-€9.7m
Financing
+€1.1m
Debts after one year
+€736,710
Current portion of long-term debt
+€566,703
Short-term financial debts
+€334,859
Contributions, distributions and other
-€549,241
Cash 2026
€3.5m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,237,369 | €84,089,030 | +€7.9m | +10.3% |
| Fixed assets | 21/28 | €28,537,014 | €32,793,319 | +€4.3m | +14.9% |
| Intangible fixed assets | 21 | €8,519,345 | €6,970,062 | -€1.5m | -18.2% |
| Tangible fixed assets | 22/27 | €18,779,976 | €24,585,565 | +€5.8m | +30.9% |
| Land and buildings | 22 | €13,762,738 | €19,492,826 | +€5.7m | +41.6% |
| Plant, machinery and equipment | 23 | €733,036 | €791,724 | +€58,688 | +8.0% |
| Furniture and vehicles | 24 | €3,933,299 | €4,053,308 | +€120,009 | +3.1% |
| Other tangible fixed assets | 26 | €350,904 | €247,707 | -€103,197 | -29.4% |
| Financial fixed assets | 28 | €1,237,692 | €1,237,692 | +€0 | 0.0% |
| Affiliated companies | 280/1 | €1,200,000 | €1,200,000 | = | 0.0% |
| Participating interests | 280 | €1,200,000 | €1,200,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €37,692 | €37,692 | +€0 | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €37,692 | €37,692 | +€0 | 0.0% |
| Current assets | 29/58 | €47,700,355 | €51,295,711 | +€3.6m | +7.5% |
| Amounts receivable after more than one year | 29 | €970,000 | €970,000 | = | 0.0% |
| Trade receivables | 290 | €970,000 | €970,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €19,891,875 | €23,988,262 | +€4.1m | +20.6% |
| Stocks | 30/36 | €19,891,875 | €23,988,262 | +€4.1m | +20.6% |
| Goods purchased for resale | 34 | €19,891,875 | €23,988,262 | +€4.1m | +20.6% |
| Amounts receivable within one year | 40/41 | €22,547,502 | €22,685,269 | +€137,767 | +0.6% |
| Trade receivables | 40 | €21,769,562 | €21,196,521 | -€573,041 | -2.6% |
| Other amounts receivable | 41 | €777,940 | €1,488,748 | +€710,808 | +91.4% |
| Cash at bank and in hand | 54/58 | €4,187,938 | €3,468,749 | -€719,189 | -17.2% |
| Deferred charges and accrued income | 490/1 | €103,040 | €183,431 | +€80,391 | +78.0% |
| Total equity and liabilities | 10/49 | €76,237,369 | €84,089,030 | +€7.9m | +10.3% |
| Equity | 10/15 | €45,406,181 | €50,989,962 | +€5.6m | +12.3% |
| Contributions | 10/11 | €10,009,296 | €10,009,296 | -€0 | 0.0% |
| Capital | 10 | €10,000,000 | €10,000,000 | = | 0.0% |
| Issued capital | 100 | €10,000,000 | €10,000,000 | = | 0.0% |
| Contributions outside capital | 11 | €9,296 | €9,296 | -€0 | 0.0% |
| Share premium | 1100/10 | €9,296 | €9,296 | -€0 | 0.0% |
| Revaluation surpluses | 12 | €113,752 | €113,752 | -€0 | 0.0% |
| Reserves | 13 | €11,285,623 | €12,145,429 | +€859,806 | +7.6% |
| Non-distributable reserves | 130/1 | €1,000,000 | €1,000,000 | = | 0.0% |
| Legal reserve | 130 | €1,000,000 | €1,000,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,407,266 | €3,635,696 | -€771,570 | -17.5% |
| Distributable reserves | 133 | €5,878,358 | €7,509,733 | +€1.6m | +27.8% |
| Profit (loss) carried forward | 14 | €23,855,551 | €28,603,691 | +€4.7m | +19.9% |
| Investment grants | 15 | €141,958 | €117,794 | -€24,164 | -17.0% |
| Provisions and deferred taxes | 16 | €568,856 | €519,852 | -€49,004 | -8.6% |
| Deferred taxes | 168 | €568,856 | €519,852 | -€49,004 | -8.6% |
| Amounts payable | 17/49 | €30,262,331 | €32,579,216 | +€2.3m | +7.7% |
| Amounts payable after more than one year | 17 | €8,539,499 | €9,276,209 | +€736,710 | +8.6% |
| Financial debts | 170/4 | €8,539,499 | €9,276,209 | +€736,710 | +8.6% |
| Credit institutions | 173 | €8,539,499 | €9,276,209 | +€736,710 | +8.6% |
| Amounts payable within one year | 42/48 | €21,505,735 | €22,867,138 | +€1.4m | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €2,305,398 | €2,872,101 | +€566,703 | +24.6% |
| Financial debts | 43 | - | €334,859 | +€334,859 | |
| Credit institutions | 430/8 | - | €334,859 | +€334,859 | |
| Trade debts | 44 | €11,922,849 | €12,882,555 | +€959,706 | +8.0% |
| Suppliers | 440/4 | €11,922,849 | €12,882,555 | +€959,706 | +8.0% |
| Advances received on contracts in progress | 46 | €1,338,705 | €904,033 | -€434,672 | -32.5% |
| Taxes, remuneration and social security | 45 | €3,049,615 | €3,141,776 | +€92,161 | +3.0% |
| Taxes | 450/3 | €685,486 | €648,730 | -€36,756 | -5.4% |
| Remuneration and social security | 454/9 | €2,364,130 | €2,493,046 | +€128,916 | +5.5% |
| Other amounts payable | 47/48 | €2,889,168 | €2,731,814 | -€157,354 | -5.4% |
| Accrued charges and deferred income | 492/3 | €217,097 | €435,869 | +€218,772 | +101% |
| Operating income | 70/76A | €180,364,869 | €206,317,899 | +€26.0m | +14.4% |
| Turnover | 70 | €179,619,289 | €205,563,192 | +€25.9m | +14.4% |
| Other operating income | 74 | €745,580 | €754,707 | +€9,127 | +1.2% |
| Operating charges | 60/66A | €168,343,341 | €197,610,489 | +€29.3m | +17.4% |
| Goods for resale, raw materials and consumables | 60 | €141,250,460 | €164,319,115 | +€23.1m | +16.3% |
| Purchases | 600/8 | €143,418,002 | €168,415,502 | +€25.0m | +17.4% |
| Change in stocks: decrease (increase) | 609 | -€2,167,541 | -€4,096,387 | -€1.9m | -89.0% |
| Services and other goods | 61 | €5,699,359 | €6,798,934 | +€1.1m | +19.3% |
| Remuneration, social security and pensions | 62 | €17,049,631 | €20,198,299 | +€3.1m | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,486,641 | €5,484,492 | +€2.0m | +57.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €356,326 | €184,654 | -€171,672 | -48.2% |
| Other operating charges | 640/8 | €500,923 | €624,995 | +€124,072 | +24.8% |
| Operating profit (loss) | 9901 | €12,021,528 | €8,707,410 | -€3.3m | -27.6% |
| Financial income | 75/76B | €570,274 | €465,047 | -€105,227 | -18.5% |
| Recurring financial income | 75 | €570,274 | €465,047 | -€105,227 | -18.5% |
| Income from current assets | 751 | €155,809 | €36,332 | -€119,477 | -76.7% |
| Other financial income | 752/9 | €414,464 | €428,715 | +€14,251 | +3.4% |
| Financial charges | 65/66B | €422,198 | €538,981 | +€116,783 | +27.7% |
| Recurring financial charges | 65 | €342,670 | €538,981 | +€196,311 | +57.3% |
| Debt charges | 650 | €112,465 | €300,132 | +€187,667 | +167% |
| Other financial charges | 652/9 | €230,205 | €238,849 | +€8,644 | +3.8% |
| Non-recurring financial charges | 66B | €79,527 | - | -€79,527 | |
| Profit (loss) for the period before taxes | 9903 | €12,169,604 | €8,633,476 | -€3.5m | -29.1% |
| Transfer from deferred taxes | 780 | €49,004 | €49,004 | +€0 | 0.0% |
| Income taxes | 67/77 | €3,305,819 | €2,549,458 | -€756,361 | -22.9% |
| Taxes | 670/3 | €3,305,819 | €2,549,458 | -€756,361 | -22.9% |
| Profit (loss) for the period | 9904 | €8,912,788 | €6,133,022 | -€2.8m | -31.2% |
| Transfer from tax-exempt reserves | 789 | €2,392,420 | €1,771,445 | -€620,975 | -26.0% |
| Transfer to tax-exempt reserves | 689 | €999,875 | €999,875 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,305,333 | €6,904,592 | -€3.4m | -33.0% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.