BRABELCO: what changed
Two fiscal 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.
BRABELCO
Largest movements
- Stocks and contracts -€12,328
no longer reported in 2025 (was €12,328)
- Cash -€2,414
down €2,414 (-83.4%), from €2,895 to €481
mainly Net result for the year (-€9,160) and Advances received (-€6,000)
- Receivables within one year -€1,999
no longer reported in 2025 (was €1,999)
of which Trade receivables: -€1,756
- Profit (loss) carried forward -€9,160
down €9,160 (-5.0%), from -€184,140 to -€193,300
- Advances received -€6,000
no longer reported in 2025 (was €6,000)
- Short-term financial debts -€2,797
down €2,797 (-22.8%), from €12,292 to €9,496
- Trade debts +€1,331
up €1,331 (+40.5%), from €3,285 to €4,616
- Other debts -€172
down €172 (-0.1%), from €159,497 to €159,325
- Gross operating margin +€17,856
up €17,856, from -€11,714 to €6,143
- Write-downs +€12,328
new in 2025: €12,328
- Financial charges +€828
up €828 (+52.4%), from €1,579 to €2,408
- Other operating charges +€182
up €182 (+47.1%), from €387 to €570
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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,222 | €481 | -€16,741 | -97.2% |
| Current assets | 29/58 | €17,222 | €481 | -€16,741 | -97.2% |
| Stocks and contracts in progress | 3 | €12,328 | - | -€12,328 | |
| Stocks | 30/36 | €12,328 | - | -€12,328 | |
| Amounts receivable within one year | 40/41 | €1,999 | - | -€1,999 | |
| Trade receivables | 40 | €1,756 | - | -€1,756 | |
| Other amounts receivable | 41 | €243 | - | -€243 | |
| Cash at bank and in hand | 54/58 | €2,895 | €481 | -€2,414 | -83.4% |
| Total equity and liabilities | 10/49 | €17,222 | €481 | -€16,741 | -97.2% |
| Equity | 10/15 | -€165,158 | -€174,318 | -€9,160 | -5.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €390 | €390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €390 | €390 | = | 0.0% |
| Reserves not available under the articles | 1311 | €390 | €390 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€184,140 | -€193,300 | -€9,160 | -5.0% |
| Amounts payable | 17/49 | €182,380 | €174,799 | -€7,582 | -4.2% |
| Amounts payable within one year | 42/48 | €181,993 | €174,399 | -€7,594 | -4.2% |
| Financial debts | 43 | €12,292 | €9,496 | -€2,797 | -22.8% |
| Credit institutions | 430/8 | €12,292 | €9,496 | -€2,797 | -22.8% |
| Trade debts | 44 | €3,285 | €4,616 | +€1,331 | +40.5% |
| Suppliers | 440/4 | €3,285 | €4,616 | +€1,331 | +40.5% |
| Advances received on contracts in progress | 46 | €6,000 | - | -€6,000 | |
| Taxes, remuneration and social security | 45 | €918 | €962 | +€44 | +4.8% |
| Taxes | 450/3 | €918 | €962 | +€44 | +4.8% |
| Other amounts payable | 47/48 | €159,497 | €159,325 | -€172 | -0.1% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,328 | +€12,328 | |
| Other operating charges | 640/8 | €387 | €570 | +€182 | +47.1% |
| Gross operating margin | 9900 | -€11,714 | €6,143 | +€17,856 | |
| Operating profit (loss) | 9901 | -€12,101 | -€6,755 | +€5,346 | +44.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,579 | €2,408 | +€828 | +52.4% |
| Recurring financial charges | 65 | €1,579 | €2,408 | +€828 | +52.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,681 | -€9,160 | +€4,521 | +33.0% |
| Profit (loss) for the period | 9904 | -€13,681 | -€9,160 | +€4,521 | +33.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,681 | -€9,160 | +€4,521 | +33.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.