8 BROTHERS: what changed
8 BROTHERS
Largest movements
- Receivables within one year +€50,832
up €50,832 (+33.1%), from €153,462 to €204,294
of which Trade receivables: +€48,007
- Deferred charges and accrued income -€21,671
down €21,671 (-97.5%), from €22,225 to €555
- Cash -€5,732
down €5,732 (-48.1%), from €11,928 to €6,196
mainly Receivables within one year (-€50,832) and Stocks and contracts (-€1,421)
- Tangible fixed assets -€2,790
down €2,790 (-30.3%), from €9,195 to €6,405
of which Plant, machinery and equipment: -€1,599
- Profit (loss) carried forward +€14,320
up €14,320 (+11.0%), from €130,256 to €144,576
- Tax, wage and social debts +€4,290
up €4,290 (+76.8%), from €5,587 to €9,877
of which Remuneration and social security: +€4,309
- Trade debts +€3,450
new in 2025: €3,450
- Financial income +€11,503
up €11,503 (+115,034,100%), from €0 to €11,503
- Staff costs +€6,527
up €6,527 (+55.0%), from €11,877 to €18,404
- Taxes +€1,949
up €1,949 (+81.2%), from €2,400 to €4,349
- Financial charges -€1,312
down €1,312 (-83.0%), from €1,581 to €269
- Other operating charges -€1,118
down €1,118 (-94.7%), from €1,180 to €62
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,070 | €222,131 | +€22,061 | +11.0% |
| Fixed assets | 21/28 | €9,395 | €6,605 | -€2,790 | -29.7% |
| Tangible fixed assets | 22/27 | €9,195 | €6,405 | -€2,790 | -30.3% |
| Land and buildings | 22 | €4,579 | €3,914 | -€664 | -14.5% |
| Plant, machinery and equipment | 23 | €3,588 | €1,989 | -€1,599 | -44.6% |
| Furniture and vehicles | 24 | €1,028 | €502 | -€527 | -51.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €190,675 | €215,525 | +€24,850 | +13.0% |
| Stocks and contracts in progress | 3 | €3,060 | €4,481 | +€1,421 | +46.4% |
| Stocks | 30/36 | €3,060 | €4,481 | +€1,421 | +46.4% |
| Amounts receivable within one year | 40/41 | €153,462 | €204,294 | +€50,832 | +33.1% |
| Trade receivables | 40 | €21,164 | €69,171 | +€48,007 | +227% |
| Other amounts receivable | 41 | €132,298 | €135,123 | +€2,826 | +2.1% |
| Cash at bank and in hand | 54/58 | €11,928 | €6,196 | -€5,732 | -48.1% |
| Deferred charges and accrued income | 490/1 | €22,225 | €555 | -€21,671 | -97.5% |
| Total equity and liabilities | 10/49 | €200,070 | €222,131 | +€22,061 | +11.0% |
| Equity | 10/15 | €194,483 | €208,804 | +€14,320 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,627 | €45,627 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €26,267 | €26,267 | = | 0.0% |
| Distributable reserves | 133 | €17,500 | €19,360 | +€1,860 | +10.6% |
| Profit (loss) carried forward | 14 | €130,256 | €144,576 | +€14,320 | +11.0% |
| Amounts payable | 17/49 | €5,587 | €13,327 | +€7,741 | +139% |
| Amounts payable within one year | 42/48 | €5,587 | €13,327 | +€7,741 | +139% |
| Trade debts | 44 | - | €3,450 | +€3,450 | |
| Suppliers | 440/4 | - | €3,450 | +€3,450 | |
| Taxes, remuneration and social security | 45 | €5,587 | €9,877 | +€4,290 | +76.8% |
| Taxes | 450/3 | €5,197 | €5,179 | -€18 | -0.3% |
| Remuneration and social security | 454/9 | €390 | €4,698 | +€4,309 | +1,105% |
| Remuneration, social security and pensions | 62 | €11,877 | €18,404 | +€6,527 | +55.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,619 | €2,790 | -€829 | -22.9% |
| Other operating charges | 640/8 | €1,180 | €62 | -€1,118 | -94.7% |
| Non-recurring operating charges | 66A | - | €418 | +€418 | |
| Gross operating margin | 9900 | €28,751 | €29,107 | +€356 | +1.2% |
| Operating profit (loss) | 9901 | €12,076 | €7,434 | -€4,641 | -38.4% |
| Financial income | 75/76B | €0 | €11,503 | +€11,503 | +115,034,100% |
| Recurring financial income | 75 | €0 | €11,503 | +€11,503 | +115,034,100% |
| Financial charges | 65/66B | €1,581 | €269 | -€1,312 | -83.0% |
| Recurring financial charges | 65 | €1,581 | €269 | -€1,312 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | €10,495 | €18,669 | +€8,174 | +77.9% |
| Income taxes | 67/77 | €2,400 | €4,349 | +€1,949 | +81.2% |
| Profit (loss) for the period | 9904 | €8,095 | €14,320 | +€6,225 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,095 | €14,320 | +€6,225 | +76.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.