ANGOLO BREDENE: what changed
ANGOLO BREDENE
Largest movements
- Receivables within one year +€32,100
up €32,100 (+76.1%), from €42,182 to €74,282
of which Other amounts receivable: +€21,646
- Cash +€8,531
up €8,531 (+87.5%), from €9,745 to €18,276
mainly Net result for the year (+€15,960) and Trade debts (+€13,618)
- Tangible fixed assets -€4,238
down €4,238 (-23.0%), from €18,452 to €14,214
of which Plant, machinery and equipment: -€4,321
- Deferred charges and accrued income -€2,012
down €2,012 (-98.5%), from €2,043 to €31
- Reserves +€15,960
up €15,960 (+54.5%), from €29,293 to €45,253
- Trade debts +€13,618
new in 2025: €13,618
- Debts after one year +€13,048
new in 2025: €13,048
- Current portion of long-term debt -€6,066
down €6,066 (-100%), from €6,066 to €0
- Tax, wage and social debts -€3,455
down €3,455 (-38.9%), from €8,874 to €5,418
of which Taxes: -€2,254
- Gross operating margin -€10,396
down €10,396 (-13.8%), from €75,291 to €64,895
- Staff costs -€10,360
down €10,360 (-20.8%), from €49,733 to €39,374
- Taxes -€5,338
down €5,338 (-71.9%), from €7,428 to €2,090
- Other operating charges -€3,602
down €3,602 (-57.7%), from €6,248 to €2,646
- Financial income +€2,423
up €2,423 (+1,905%), from €127 to €2,550
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 | €73,914 | €108,304 | +€34,390 | +46.5% |
| Fixed assets | 21/28 | €18,637 | €14,399 | -€4,238 | -22.7% |
| Tangible fixed assets | 22/27 | €18,452 | €14,214 | -€4,238 | -23.0% |
| Plant, machinery and equipment | 23 | €16,891 | €12,571 | -€4,321 | -25.6% |
| Furniture and vehicles | 24 | €1,561 | €776 | -€785 | -50.3% |
| Other tangible fixed assets | 26 | - | €867 | +€867 | |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €55,277 | €93,905 | +€38,628 | +69.9% |
| Stocks and contracts in progress | 3 | €1,307 | €1,316 | +€8 | +0.6% |
| Stocks | 30/36 | €1,307 | €1,316 | +€8 | +0.6% |
| Amounts receivable within one year | 40/41 | €42,182 | €74,282 | +€32,100 | +76.1% |
| Trade receivables | 40 | €1,611 | €12,064 | +€10,454 | +649% |
| Other amounts receivable | 41 | €40,571 | €62,218 | +€21,646 | +53.4% |
| Cash at bank and in hand | 54/58 | €9,745 | €18,276 | +€8,531 | +87.5% |
| Deferred charges and accrued income | 490/1 | €2,043 | €31 | -€2,012 | -98.5% |
| Total equity and liabilities | 10/49 | €73,914 | €108,304 | +€34,390 | +46.5% |
| Equity | 10/15 | €58,975 | €74,935 | +€15,960 | +27.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,293 | €45,253 | +€15,960 | +54.5% |
| Distributable reserves | 133 | €29,293 | €45,253 | +€15,960 | +54.5% |
| Profit (loss) carried forward | 14 | €23,481 | €23,481 | = | 0.0% |
| Amounts payable | 17/49 | €14,940 | €33,370 | +€18,430 | +123% |
| Amounts payable after more than one year | 17 | - | €13,048 | +€13,048 | |
| Financial debts | 170/4 | - | €13,048 | +€13,048 | |
| Amounts payable within one year | 42/48 | €14,940 | €20,322 | +€5,382 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €6,066 | €0 | -€6,066 | -100% |
| Trade debts | 44 | - | €13,618 | +€13,618 | |
| Suppliers | 440/4 | - | €13,618 | +€13,618 | |
| Taxes, remuneration and social security | 45 | €8,874 | €5,418 | -€3,455 | -38.9% |
| Taxes | 450/3 | €2,254 | €0 | -€2,254 | -100% |
| Remuneration and social security | 454/9 | €6,620 | €5,418 | -€1,201 | -18.1% |
| Other amounts payable | 47/48 | - | €1,286 | +€1,286 | |
| Remuneration, social security and pensions | 62 | €49,733 | €39,374 | -€10,360 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,646 | €6,172 | -€474 | -7.1% |
| Other operating charges | 640/8 | €6,248 | €2,646 | -€3,602 | -57.7% |
| Gross operating margin | 9900 | €75,291 | €64,895 | -€10,396 | -13.8% |
| Operating profit (loss) | 9901 | €12,664 | €16,704 | +€4,040 | +31.9% |
| Financial income | 75/76B | €127 | €2,550 | +€2,423 | +1,905% |
| Recurring financial income | 75 | €127 | €2,550 | +€2,423 | +1,905% |
| Financial charges | 65/66B | €1,085 | €1,204 | +€119 | +11.0% |
| Recurring financial charges | 65 | €1,085 | €1,204 | +€119 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €11,706 | €18,050 | +€6,344 | +54.2% |
| Income taxes | 67/77 | €7,428 | €2,090 | -€5,338 | -71.9% |
| Profit (loss) for the period | 9904 | €4,279 | €15,960 | +€11,682 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €4,279 | €15,960 | +€11,682 | +273% |
Next steps
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 2 November 2026 via checked.be.