BREBO: 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.
BREBO
Largest movements
- Cash -€54,664
down €54,664 (-41.3%), from €132,368 to €77,705
mainly Tax, wage and social debts (-€91,894) and Investment in fixed assets (net) (-€59,852)
- Receivables within one year -€40,830
down €40,830 (-12.1%), from €338,359 to €297,529
of which Trade receivables: -€38,636
- Tax, wage and social debts -€91,894
down €91,894 (-59.8%), from €153,680 to €61,786
- Debts after one year -€22,874
down €22,874 (-6.2%), from €371,069 to €348,195
- Reserves +€16,766
up €16,766 (+4.4%), from €384,684 to €401,450
of which Distributable reserves: +€16,766
- Gross operating margin -€61,374
down €61,374 (-31.9%), from €192,151 to €130,778
- Depreciation +€14,122
up €14,122 (+29.5%), from €47,894 to €62,017
- Other operating charges -€13,068
down €13,068 (-48.1%), from €27,197 to €14,129
- Taxes -€4,190
down €4,190 (-10.3%), from €40,628 to €36,439
- Financial income +€3,289
up €3,289 (+47.6%), from €6,904 to €10,192
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,105,260 | €1,008,726 | -€96,535 | -8.7% |
| Fixed assets | 21/28 | €625,977 | €623,813 | -€2,165 | -0.3% |
| Tangible fixed assets | 22/27 | €622,505 | €620,341 | -€2,165 | -0.3% |
| Land and buildings | 22 | €508,180 | €501,195 | -€6,985 | -1.4% |
| Plant, machinery and equipment | 23 | €33,577 | €61,871 | +€28,294 | +84.3% |
| Furniture and vehicles | 24 | €80,748 | €57,275 | -€23,473 | -29.1% |
| Financial fixed assets | 28 | €3,472 | €3,472 | = | 0.0% |
| Current assets | 29/58 | €479,283 | €384,913 | -€94,370 | -19.7% |
| Amounts receivable within one year | 40/41 | €338,359 | €297,529 | -€40,830 | -12.1% |
| Trade receivables | 40 | €138,530 | €99,894 | -€38,636 | -27.9% |
| Other amounts receivable | 41 | €199,829 | €197,635 | -€2,195 | -1.1% |
| Cash at bank and in hand | 54/58 | €132,368 | €77,705 | -€54,664 | -41.3% |
| Deferred charges and accrued income | 490/1 | €8,556 | €9,679 | +€1,124 | +13.1% |
| Total equity and liabilities | 10/49 | €1,105,260 | €1,008,726 | -€96,535 | -8.7% |
| Equity | 10/15 | €403,276 | €420,042 | +€16,766 | +4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €384,684 | €401,450 | +€16,766 | +4.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €382,824 | €399,591 | +€16,766 | +4.4% |
| Amounts payable | 17/49 | €701,985 | €588,684 | -€113,301 | -16.1% |
| Amounts payable after more than one year | 17 | €371,069 | €348,195 | -€22,874 | -6.2% |
| Financial debts | 170/4 | €371,069 | €348,195 | -€22,874 | -6.2% |
| Amounts payable within one year | 42/48 | €330,916 | €238,489 | -€92,427 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €22,322 | €22,874 | +€552 | +2.5% |
| Trade debts | 44 | €134,381 | €133,616 | -€765 | -0.6% |
| Suppliers | 440/4 | €134,381 | €133,616 | -€765 | -0.6% |
| Advances received on contracts in progress | 46 | €20,000 | €20,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €153,680 | €61,786 | -€91,894 | -59.8% |
| Taxes | 450/3 | €153,680 | €61,786 | -€91,894 | -59.8% |
| Other amounts payable | 47/48 | €533 | €213 | -€320 | -60.0% |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €1,145 | €240 | -€905 | -79.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,894 | €62,017 | +€14,122 | +29.5% |
| Other operating charges | 640/8 | €27,197 | €14,129 | -€13,068 | -48.1% |
| Gross operating margin | 9900 | €192,151 | €130,778 | -€61,374 | -31.9% |
| Operating profit (loss) | 9901 | €115,915 | €54,393 | -€61,523 | -53.1% |
| Financial income | 75/76B | €6,904 | €10,192 | +€3,289 | +47.6% |
| Recurring financial income | 75 | €6,904 | €10,192 | +€3,289 | +47.6% |
| Financial charges | 65/66B | €11,248 | €11,380 | +€132 | +1.2% |
| Recurring financial charges | 65 | €11,248 | €11,380 | +€132 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €111,571 | €53,205 | -€58,366 | -52.3% |
| Income taxes | 67/77 | €40,628 | €36,439 | -€4,190 | -10.3% |
| Profit (loss) for the period | 9904 | €70,943 | €16,766 | -€54,177 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,943 | €16,766 | -€54,177 | -76.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.