BRABOHOEVE: 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.
BRABOHOEVE
Largest movements
- Tangible fixed assets -€142,799
down €142,799 (-32.2%), from €443,155 to €300,356
of which Land and buildings: -€150,260
- Receivables within one year +€84,258
up €84,258 (+90.7%), from €92,864 to €177,123
of which Other amounts receivable: +€67,989
- Cash +€22,374
up €22,374 (+28.1%), from €79,599 to €101,972
mainly Depreciation (+€208,037) and Net result for the year (+€85,653)
- Stocks and contracts +€21,203
up €21,203 (+4.1%), from €521,058 to €542,261
- Debts after one year -€91,494
down €91,494 (-32.8%), from €278,562 to €187,068
- Trade debts +€44,783
up €44,783 (+27.5%), from €162,854 to €207,637
- Current portion of long-term debt +€33,045
up €33,045 (+20.2%), from €163,412 to €196,456
- Gross operating margin +€102,508
up €102,508 (+9.5%), from €1.1m to €1.2m
- Staff costs +€88,922
up €88,922 (+12.2%), from €728,796 to €817,719
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
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 | €1,180,652 | €1,160,234 | -€20,418 | -1.7% |
| Fixed assets | 21/28 | €471,390 | €327,821 | -€143,569 | -30.5% |
| Tangible fixed assets | 22/27 | €443,155 | €300,356 | -€142,799 | -32.2% |
| Land and buildings | 22 | €280,761 | €130,501 | -€150,260 | -53.5% |
| Plant, machinery and equipment | 23 | €134,744 | €102,215 | -€32,529 | -24.1% |
| Furniture and vehicles | 24 | €27,650 | €52,734 | +€25,084 | +90.7% |
| Other tangible fixed assets | 26 | - | €14,906 | +€14,906 | |
| Financial fixed assets | 28 | €28,235 | €27,465 | -€770 | -2.7% |
| Current assets | 29/58 | €709,262 | €832,412 | +€123,151 | +17.4% |
| Stocks and contracts in progress | 3 | €521,058 | €542,261 | +€21,203 | +4.1% |
| Stocks | 30/36 | €521,058 | €542,261 | +€21,203 | +4.1% |
| Amounts receivable within one year | 40/41 | €92,864 | €177,123 | +€84,258 | +90.7% |
| Trade receivables | 40 | €75,838 | €92,107 | +€16,269 | +21.5% |
| Other amounts receivable | 41 | €17,026 | €85,015 | +€67,989 | +399% |
| Cash at bank and in hand | 54/58 | €79,599 | €101,972 | +€22,374 | +28.1% |
| Deferred charges and accrued income | 490/1 | €15,740 | €11,056 | -€4,684 | -29.8% |
| Total equity and liabilities | 10/49 | €1,180,652 | €1,160,234 | -€20,418 | -1.7% |
| Equity | 10/15 | €254,301 | €254,301 | = | 0.0% |
| Contributions | 10/11 | €178,600 | €178,600 | = | 0.0% |
| Reserves | 13 | €75,701 | €75,701 | = | 0.0% |
| Distributable reserves | 133 | €75,701 | €75,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €926,351 | €905,933 | -€20,418 | -2.2% |
| Amounts payable after more than one year | 17 | €278,562 | €187,068 | -€91,494 | -32.8% |
| Financial debts | 170/4 | €278,562 | €187,068 | -€91,494 | -32.8% |
| Amounts payable within one year | 42/48 | €642,460 | €715,535 | +€73,075 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €163,412 | €196,456 | +€33,045 | +20.2% |
| Financial debts | 43 | €4,792 | €143 | -€4,649 | -97.0% |
| Other loans | 439 | €4,792 | €143 | -€4,649 | -97.0% |
| Trade debts | 44 | €162,854 | €207,637 | +€44,783 | +27.5% |
| Suppliers | 440/4 | €162,854 | €207,637 | +€44,783 | +27.5% |
| Taxes, remuneration and social security | 45 | €111,178 | €116,201 | +€5,022 | +4.5% |
| Taxes | 450/3 | €43,669 | €36,016 | -€7,653 | -17.5% |
| Remuneration and social security | 454/9 | €67,509 | €80,184 | +€12,676 | +18.8% |
| Other amounts payable | 47/48 | €200,224 | €195,098 | -€5,126 | -2.6% |
| Accrued charges and deferred income | 492/3 | €5,329 | €3,330 | -€1,999 | -37.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €728,796 | €817,719 | +€88,922 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215,023 | €208,037 | -€6,985 | -3.2% |
| Other operating charges | 640/8 | €6,646 | €7,832 | +€1,186 | +17.8% |
| Non-recurring operating charges | 66A | - | €245 | +€245 | |
| Gross operating margin | 9900 | €1,080,704 | €1,183,211 | +€102,508 | +9.5% |
| Operating profit (loss) | 9901 | €130,239 | €149,378 | +€19,139 | +14.7% |
| Financial income | 75/76B | €1,300 | €2,960 | +€1,660 | +128% |
| Recurring financial income | 75 | €1,300 | €2,960 | +€1,660 | +128% |
| Financial charges | 65/66B | €47,922 | €37,569 | -€10,353 | -21.6% |
| Recurring financial charges | 65 | €47,922 | €37,569 | -€10,353 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €83,616 | €114,769 | +€31,153 | +37.3% |
| Income taxes | 67/77 | €18,800 | €29,117 | +€10,317 | +54.9% |
| Profit (loss) for the period | 9904 | €64,816 | €85,653 | +€20,836 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,816 | €85,653 | +€20,836 | +32.1% |
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 25 October 2026 via checked.be.