AT BREEDING LOFT: 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.
AT BREEDING LOFT
Largest movements
- Current investments -€29,594
down €29,594 (-89.7%), from €33,006 to €3,413
- Tangible fixed assets -€13,350
down €13,350 (-58.9%), from €22,662 to €9,312
- Receivables within one year -€9,607
down €9,607 (-97.0%), from €9,904 to €297
of which Trade receivables: -€8,480
- Other debts -€83,196
down €83,196 (-88.5%), from €93,982 to €10,786
- Profit (loss) carried forward +€51,711
up €51,711 (+99.7%), from -€51,846 to -€135
- Debts after one year -€20,646
no longer reported in 2025 (was €20,646)
- Gross operating margin +€59,887
up €59,887, from -€2,703 to €57,184
- Depreciation -€16,984
down €16,984 (-81.2%), from €20,922 to €3,938
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,572 | €13,022 | -€52,550 | -80.1% |
| Fixed assets | 21/28 | €22,662 | €9,312 | -€13,350 | -58.9% |
| Tangible fixed assets | 22/27 | €22,662 | €9,312 | -€13,350 | -58.9% |
| Plant, machinery and equipment | 23 | €22,662 | €9,312 | -€13,350 | -58.9% |
| Current assets | 29/58 | €42,911 | €3,710 | -€39,200 | -91.4% |
| Amounts receivable within one year | 40/41 | €9,904 | €297 | -€9,607 | -97.0% |
| Trade receivables | 40 | €8,480 | - | -€8,480 | |
| Other amounts receivable | 41 | €1,424 | €297 | -€1,127 | -79.1% |
| Current investments | 50/53 | €33,006 | €3,413 | -€29,594 | -89.7% |
| Total equity and liabilities | 10/49 | €65,572 | €13,022 | -€52,550 | -80.1% |
| Equity | 10/15 | -€50,846 | €866 | +€51,711 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,846 | -€135 | +€51,711 | +99.7% |
| Amounts payable | 17/49 | €116,418 | €12,157 | -€104,262 | -89.6% |
| Amounts payable after more than one year | 17 | €20,646 | - | -€20,646 | |
| Financial debts | 170/4 | €20,646 | - | -€20,646 | |
| Amounts payable within one year | 42/48 | €95,772 | €12,157 | -€83,616 | -87.3% |
| Trade debts | 44 | €1,428 | €825 | -€603 | -42.2% |
| Suppliers | 440/4 | €1,428 | €825 | -€603 | -42.2% |
| Taxes, remuneration and social security | 45 | €362 | €546 | +€183 | +50.6% |
| Taxes | 450/3 | €362 | €546 | +€183 | +50.6% |
| Other amounts payable | 47/48 | €93,982 | €10,786 | -€83,196 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,922 | €3,938 | -€16,984 | -81.2% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Non-recurring operating charges | 66A | - | €150 | +€150 | |
| Gross operating margin | 9900 | -€2,703 | €57,184 | +€59,887 | |
| Operating profit (loss) | 9901 | -€24,397 | €52,696 | +€77,093 | |
| Financial charges | 65/66B | €933 | €439 | -€494 | -52.9% |
| Recurring financial charges | 65 | €933 | €439 | -€494 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,329 | €52,257 | +€77,586 | |
| Income taxes | 67/77 | - | €546 | +€546 | |
| Profit (loss) for the period | 9904 | -€25,329 | €51,711 | +€77,041 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,329 | €51,711 | +€77,041 |
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 16 October 2026 via checked.be.