Grondwerken Bruneel: what changed
What changed
Grondwerken Bruneel
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€196,704
2024 · €6,712+€189,992
Equity
€204,416
2024 · €7,712+€196,704
Cash
€290,153
2024 · €42,250+€247,902
Balance sheet total
€1.3m
2024 · €900,714+€359,669
Largest movements
Assets
- Cash +€247,902
up €247,902 (+587%), from €42,250 to €290,153
mainly Net result for the year (+€196,704) and Depreciation (+€176,227)
- Tangible fixed assets +€149,520
up €149,520 (+20.8%), from €717,515 to €867,036
of which Plant, machinery and equipment: +€112,571
- Stocks and contracts -€38,778
down €38,778 (-100%), from €38,778 to €0
Equity and liabilities
- Reserves +€196,704
up €196,704 (+2,931%), from €6,712 to €203,416
- Trade debts +€153,925
up €153,925 (+114%), from €135,322 to €289,248
- Debts after one year -€48,777
down €48,777 (-55.5%), from €87,836 to €39,060
- Other debts +€47,590
up €47,590 (+8.2%), from €583,124 to €630,715
- Tax, wage and social debts +€44,165
up €44,165 (+1,103%), from €4,003 to €48,168
Income statement
- Gross operating margin +€355,205
up €355,205 (+418%), from €84,941 to €440,146
- Depreciation +€100,130
up €100,130 (+132%), from €76,097 to €176,227
- Taxes +€44,484
up €44,484 (+2,415%), from €1,842 to €46,326
Change in the result, 2024 to 2025
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 2024
€6,712
Gross operating margin
+€355,205
Depreciation
-€100,130
Other operating charges
-€2,196
Other operating items
-€15,750
Financial income
-€122
Financial charges
-€2,532
Taxes
-€44,484
Result 2025
€196,704
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€661,715
Investment
-€331,297
Financing
-€82,516
Cash 2024
€42,250
From operations (derived)
+€661,715
Net result for the year
+€196,704
Depreciation
+€176,227
Stocks and contracts
+€38,778
Receivables within one year
+€4,545
Smaller working-capital items
-€219
Trade debts
+€153,925
Tax, wage and social debts
+€44,165
Other debts
+€47,590
Investment (derived)
-€331,297
Investment in fixed assets (net)
-€331,297
Financing
-€82,516
Debts after one year
-€48,777
Current portion of long-term debt
-€33,739
Cash 2025
€290,153
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €900,714 | €1,260,383 | +€359,669 | +39.9% |
| Fixed assets | 21/28 | €717,515 | €872,586 | +€155,070 | +21.6% |
| Tangible fixed assets | 22/27 | €717,515 | €867,036 | +€149,520 | +20.8% |
| Land and buildings | 22 | €8,821 | €7,892 | -€929 | -10.5% |
| Plant, machinery and equipment | 23 | €288,120 | €400,691 | +€112,571 | +39.1% |
| Furniture and vehicles | 24 | €420,574 | €458,452 | +€37,878 | +9.0% |
| Financial fixed assets | 28 | - | €5,550 | +€5,550 | |
| Current assets | 29/58 | €183,198 | €387,797 | +€204,599 | +112% |
| Stocks and contracts in progress | 3 | €38,778 | €0 | -€38,778 | -100% |
| Contracts in progress | 37 | €38,778 | €0 | -€38,778 | -100% |
| Amounts receivable within one year | 40/41 | €98,396 | €93,851 | -€4,545 | -4.6% |
| Trade receivables | 40 | €75,738 | €41,667 | -€34,071 | -45.0% |
| Other amounts receivable | 41 | €22,657 | €52,184 | +€29,527 | +130% |
| Cash at bank and in hand | 54/58 | €42,250 | €290,153 | +€247,902 | +587% |
| Deferred charges and accrued income | 490/1 | €3,774 | €3,793 | +€19 | +0.5% |
| Total equity and liabilities | 10/49 | €900,714 | €1,260,383 | +€359,669 | +39.9% |
| Equity | 10/15 | €7,712 | €204,416 | +€196,704 | +2,551% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,712 | €203,416 | +€196,704 | +2,931% |
| Distributable reserves | 133 | €6,712 | €203,416 | +€196,704 | +2,931% |
| Amounts payable | 17/49 | €893,001 | €1,055,967 | +€162,965 | +18.2% |
| Amounts payable after more than one year | 17 | €87,836 | €39,060 | -€48,777 | -55.5% |
| Financial debts | 170/4 | €87,836 | €39,060 | -€48,777 | -55.5% |
| Amounts payable within one year | 42/48 | €805,165 | €1,016,907 | +€211,742 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €82,516 | €48,777 | -€33,739 | -40.9% |
| Trade debts | 44 | €135,322 | €289,248 | +€153,925 | +114% |
| Suppliers | 440/4 | €135,322 | €289,248 | +€153,925 | +114% |
| Advances received on contracts in progress | 46 | €200 | €0 | -€200 | -100% |
| Taxes, remuneration and social security | 45 | €4,003 | €48,168 | +€44,165 | +1,103% |
| Taxes | 450/3 | €4,003 | €48,168 | +€44,165 | +1,103% |
| Other amounts payable | 47/48 | €583,124 | €630,715 | +€47,590 | +8.2% |
| Non-recurring operating income | 76A | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,097 | €176,227 | +€100,130 | +132% |
| Other operating charges | 640/8 | €388 | €2,584 | +€2,196 | +566% |
| Non-recurring operating charges | 66A | - | €15,750 | +€15,750 | |
| Gross operating margin | 9900 | €84,941 | €440,146 | +€355,205 | +418% |
| Operating profit (loss) | 9901 | €8,456 | €245,586 | +€237,130 | +2,804% |
| Financial income | 75/76B | €122 | €0 | -€122 | -99.8% |
| Recurring financial income | 75 | €122 | €0 | -€122 | -99.8% |
| Financial charges | 65/66B | €24 | €2,556 | +€2,532 | +10,621% |
| Recurring financial charges | 65 | €24 | €2,556 | +€2,532 | +10,621% |
| Profit (loss) for the period before taxes | 9903 | €8,554 | €243,030 | +€234,476 | +2,741% |
| Income taxes | 67/77 | €1,842 | €46,326 | +€44,484 | +2,415% |
| Profit (loss) for the period | 9904 | €6,712 | €196,704 | +€189,992 | +2,831% |
| Profit (loss) for the period to be appropriated | 9905 | €6,712 | €196,704 | +€189,992 | +2,831% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.