BRASSEUR: 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.
BRASSEUR
Largest movements
- Tangible fixed assets -€22,320
down €22,320 (-4.3%), from €524,761 to €502,441
- Receivables within one year -€13,114
down €13,114 (-100.0%), from €13,114 to €0
- Cash +€11,535
up €11,535 (+70.5%), from €16,357 to €27,892
mainly Depreciation (+€22,320) and Net result for the year (+€16,307)
- Debts after one year -€31,031
down €31,031 (-10.4%), from €297,200 to €266,169
- Reserves +€16,307
up €16,307 (+9.7%), from €168,653 to €184,960
of which Distributable reserves: +€16,307
- Short-term financial debts -€10,082
down €10,082 (-70.6%), from €14,275 to €4,194
- Gross operating margin +€2,773
up €2,773 (+5.0%), from €55,419 to €58,192
- Taxes +€724
up €724 (+10.5%), from €6,886 to €7,610
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 | €555,515 | €531,749 | -€23,766 | -4.3% |
| Fixed assets | 21/28 | €524,761 | €502,441 | -€22,320 | -4.3% |
| Tangible fixed assets | 22/27 | €524,761 | €502,441 | -€22,320 | -4.3% |
| Land and buildings | 22 | €524,761 | €502,441 | -€22,320 | -4.3% |
| Current assets | 29/58 | €30,755 | €29,308 | -€1,446 | -4.7% |
| Amounts receivable within one year | 40/41 | €13,114 | €0 | -€13,114 | -100.0% |
| Other amounts receivable | 41 | €13,114 | €0 | -€13,114 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,357 | €27,892 | +€11,535 | +70.5% |
| Deferred charges and accrued income | 490/1 | €1,284 | €1,417 | +€133 | +10.4% |
| Total equity and liabilities | 10/49 | €555,515 | €531,749 | -€23,766 | -4.3% |
| Equity | 10/15 | €187,204 | €203,511 | +€16,307 | +8.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €168,653 | €184,960 | +€16,307 | +9.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €166,798 | €183,105 | +€16,307 | +9.8% |
| Profit (loss) carried forward | 14 | €1 | €2 | +€0 | +12.3% |
| Amounts payable | 17/49 | €368,311 | €328,238 | -€40,073 | -10.9% |
| Amounts payable after more than one year | 17 | €297,200 | €266,169 | -€31,031 | -10.4% |
| Financial debts | 170/4 | €297,200 | €266,169 | -€31,031 | -10.4% |
| Amounts payable within one year | 42/48 | €71,112 | €62,069 | -€9,042 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €32,901 | €33,712 | +€811 | +2.5% |
| Financial debts | 43 | €14,275 | €4,194 | -€10,082 | -70.6% |
| Credit institutions | 430/8 | €14,275 | €4,194 | -€10,082 | -70.6% |
| Trade debts | 44 | €1,479 | €0 | -€1,479 | -100.0% |
| Suppliers | 440/4 | €1,479 | €0 | -€1,479 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,110 | +€1,110 | |
| Taxes | 450/3 | €0 | €1,110 | +€1,110 | |
| Other amounts payable | 47/48 | €22,456 | €23,054 | +€598 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,320 | €22,320 | = | 0.0% |
| Other operating charges | 640/8 | €5,411 | €5,653 | +€243 | +4.5% |
| Gross operating margin | 9900 | €55,419 | €58,192 | +€2,773 | +5.0% |
| Operating profit (loss) | 9901 | €27,689 | €30,219 | +€2,531 | +9.1% |
| Financial charges | 65/66B | €6,047 | €6,302 | +€255 | +4.2% |
| Recurring financial charges | 65 | €6,047 | €6,302 | +€255 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €21,641 | €23,917 | +€2,275 | +10.5% |
| Income taxes | 67/77 | €6,886 | €7,610 | +€724 | +10.5% |
| Profit (loss) for the period | 9904 | €14,756 | €16,307 | +€1,551 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,756 | €16,307 | +€1,551 | +10.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.