BREANT: 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.
BREANT
Largest movements
- Cash +€24,428
up €24,428 (+11.2%), from €218,661 to €243,088
mainly Net result for the year (+€15,108) and Depreciation (+€8,333)
- Tangible fixed assets -€7,111
down €7,111 (-39.3%), from €18,074 to €10,963
of which Furniture and vehicles: -€8,096
- Receivables within one year -€5,402
down €5,402 (-15.9%), from €33,903 to €28,501
of which Trade receivables: -€3,006
- Stocks and contracts +€3,220
up €3,220 (+61.4%), from €5,242 to €8,462
of which Contracts in progress: +€2,120
- Reserves +€14,275
up €14,275 (+17.5%), from €81,649 to €95,924
of which Distributable reserves: +€14,915
- Accrued charges and deferred income +€3,271
up €3,271 (+101.0%), from €3,240 to €6,511
- Gross operating margin -€7,255
down €7,255 (-17.8%), from €40,816 to €33,560
- Taxes -€2,137
down €2,137 (-25.0%), from €8,554 to €6,416
- Financial income +€1,138
up €1,138 (+11375800.0%), from €0 to €1,138
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 | €278,945 | €293,764 | +€14,819 | +5.3% |
| Fixed assets | 21/28 | €18,084 | €10,973 | -€7,111 | -39.3% |
| Tangible fixed assets | 22/27 | €18,074 | €10,963 | -€7,111 | -39.3% |
| Plant, machinery and equipment | 23 | €0 | €985 | +€985 | |
| Furniture and vehicles | 24 | €18,074 | €9,978 | -€8,096 | -44.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €260,861 | €282,791 | +€21,930 | +8.4% |
| Stocks and contracts in progress | 3 | €5,242 | €8,462 | +€3,220 | +61.4% |
| Stocks | 30/36 | €3,962 | €5,062 | +€1,100 | +27.8% |
| Contracts in progress | 37 | €1,280 | €3,400 | +€2,120 | +165.6% |
| Amounts receivable within one year | 40/41 | €33,903 | €28,501 | -€5,402 | -15.9% |
| Trade receivables | 40 | €30,627 | €27,622 | -€3,006 | -9.8% |
| Other amounts receivable | 41 | €3,275 | €879 | -€2,396 | -73.2% |
| Cash at bank and in hand | 54/58 | €218,661 | €243,088 | +€24,428 | +11.2% |
| Deferred charges and accrued income | 490/1 | €3,056 | €2,740 | -€316 | -10.3% |
| Total equity and liabilities | 10/49 | €278,945 | €293,764 | +€14,819 | +5.3% |
| Equity | 10/15 | €94,049 | €108,324 | +€14,275 | +15.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €81,649 | €95,924 | +€14,275 | +17.5% |
| Tax-exempt reserves | 132 | €1,436 | €796 | -€640 | -44.6% |
| Distributable reserves | 133 | €80,213 | €95,128 | +€14,915 | +18.6% |
| Provisions and deferred taxes | 16 | €359 | €199 | -€160 | -44.6% |
| Deferred taxes | 168 | €359 | €199 | -€160 | -44.6% |
| Amounts payable | 17/49 | €184,537 | €185,240 | +€704 | +0.4% |
| Amounts payable within one year | 42/48 | €181,297 | €178,729 | -€2,568 | -1.4% |
| Trade debts | 44 | €10,931 | €10,243 | -€688 | -6.3% |
| Suppliers | 440/4 | €10,931 | €10,243 | -€688 | -6.3% |
| Taxes, remuneration and social security | 45 | €2,054 | €1,416 | -€637 | -31.0% |
| Taxes | 450/3 | €2,054 | €1,416 | -€637 | -31.0% |
| Other amounts payable | 47/48 | €168,312 | €167,070 | -€1,242 | -0.7% |
| Accrued charges and deferred income | 492/3 | €3,240 | €6,511 | +€3,271 | +101.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,096 | €8,333 | +€238 | +2.9% |
| Other operating charges | 640/8 | €1,591 | €1,625 | +€34 | +2.1% |
| Gross operating margin | 9900 | €40,816 | €33,560 | -€7,255 | -17.8% |
| Operating profit (loss) | 9901 | €31,129 | €23,602 | -€7,527 | -24.2% |
| Financial income | 75/76B | €0 | €1,138 | +€1,138 | +11375800.0% |
| Recurring financial income | 75 | €0 | €1,138 | +€1,138 | +11375800.0% |
| Financial charges | 65/66B | €3,614 | €3,375 | -€238 | -6.6% |
| Recurring financial charges | 65 | €3,614 | €3,375 | -€238 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €27,515 | €21,364 | -€6,151 | -22.4% |
| Transfer from deferred taxes | 780 | €160 | €160 | = | 0.0% |
| Income taxes | 67/77 | €8,554 | €6,416 | -€2,137 | -25.0% |
| Profit (loss) for the period | 9904 | €19,122 | €15,108 | -€4,014 | -21.0% |
| Transfer from tax-exempt reserves | 789 | €640 | €640 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,762 | €15,748 | -€4,014 | -20.3% |
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 7 October 2026 via checked.be.