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
- Receivables within one year +€362,837
up €362,837 (+108%), from €335,299 to €698,135
of which Other amounts receivable: +€231,746
- Tangible fixed assets +€329,626
up €329,626 (+127%), from €259,248 to €588,874
of which Other tangible fixed assets: +€231,020
- Deferred charges and accrued income +€166,109
up €166,109 (+134%), from €123,531 to €289,640
- Intangible fixed assets -€150,000
down €150,000 (-16.2%), from €924,036 to €774,036
- Trade debts +€424,414
up €424,414 (+119%), from €355,599 to €780,013
- Short-term financial debts +€225,000
new in 2025: €225,000
- Accrued charges and deferred income -€109,245
down €109,245 (-56.6%), from €192,935 to €83,689
- Profit (loss) carried forward +€72,798
up €72,798 (+56.2%), from €129,442 to €202,240
- Tax, wage and social debts +€66,467
up €66,467 (+50.9%), from €130,553 to €197,021
of which Remuneration and social security: +€35,648
- Gross operating margin +€487,997
up €487,997 (+38.5%), from €1.3m to €1.8m
- Staff costs +€453,010
up €453,010 (+51.0%), from €888,015 to €1.3m
- Depreciation +€58,075
up €58,075 (+29.9%), from €194,195 to €252,270
- Financial charges +€20,433
up €20,433 (+110%), from €18,585 to €39,018
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 | €1,895,834 | €2,581,757 | +€685,923 | +36.2% |
| Fixed assets | 21/28 | €1,183,284 | €1,362,911 | +€179,626 | +15.2% |
| Intangible fixed assets | 21 | €924,036 | €774,036 | -€150,000 | -16.2% |
| Tangible fixed assets | 22/27 | €259,248 | €588,874 | +€329,626 | +127% |
| Plant, machinery and equipment | 23 | €29,208 | €45,879 | +€16,671 | +57.1% |
| Furniture and vehicles | 24 | €181,242 | €263,177 | +€81,936 | +45.2% |
| Other tangible fixed assets | 26 | €48,799 | €279,818 | +€231,020 | +473% |
| Current assets | 29/58 | €712,550 | €1,218,847 | +€506,296 | +71.1% |
| Stocks and contracts in progress | 3 | €117,272 | €98,150 | -€19,122 | -16.3% |
| Stocks | 30/36 | €117,272 | €98,150 | -€19,122 | -16.3% |
| Amounts receivable within one year | 40/41 | €335,299 | €698,135 | +€362,837 | +108% |
| Trade receivables | 40 | €218,546 | €349,636 | +€131,090 | +60.0% |
| Other amounts receivable | 41 | €116,753 | €348,499 | +€231,746 | +198% |
| Cash at bank and in hand | 54/58 | €136,448 | €132,921 | -€3,527 | -2.6% |
| Deferred charges and accrued income | 490/1 | €123,531 | €289,640 | +€166,109 | +134% |
| Total equity and liabilities | 10/49 | €1,895,834 | €2,581,757 | +€685,923 | +36.2% |
| Equity | 10/15 | €629,442 | €702,240 | +€72,798 | +11.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,442 | €202,240 | +€72,798 | +56.2% |
| Amounts payable | 17/49 | €1,266,393 | €1,879,518 | +€613,125 | +48.4% |
| Amounts payable after more than one year | 17 | €456,395 | €415,895 | -€40,500 | -8.9% |
| Financial debts | 170/4 | €456,395 | €415,895 | -€40,500 | -8.9% |
| Amounts payable within one year | 42/48 | €617,063 | €1,379,933 | +€762,870 | +124% |
| Current portion of amounts payable after more than one year | 42 | €130,910 | €177,899 | +€46,989 | +35.9% |
| Financial debts | 43 | - | €225,000 | +€225,000 | |
| Credit institutions | 430/8 | - | €225,000 | +€225,000 | |
| Trade debts | 44 | €355,599 | €780,013 | +€424,414 | +119% |
| Suppliers | 440/4 | €355,599 | €780,013 | +€424,414 | +119% |
| Taxes, remuneration and social security | 45 | €130,553 | €197,021 | +€66,467 | +50.9% |
| Taxes | 450/3 | €9,439 | €40,259 | +€30,820 | +327% |
| Remuneration and social security | 454/9 | €121,114 | €156,762 | +€35,648 | +29.4% |
| Accrued charges and deferred income | 492/3 | €192,935 | €83,689 | -€109,245 | -56.6% |
| Remuneration, social security and pensions | 62 | €888,015 | €1,341,025 | +€453,010 | +51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194,195 | €252,270 | +€58,075 | +29.9% |
| Other operating charges | 640/8 | €581 | €10,336 | +€9,755 | +1,680% |
| Non-recurring operating charges | 66A | €2,209 | - | -€2,209 | |
| Gross operating margin | 9900 | €1,267,530 | €1,755,526 | +€487,997 | +38.5% |
| Operating profit (loss) | 9901 | €182,531 | €151,896 | -€30,635 | -16.8% |
| Financial income | 75/76B | €399 | €815 | +€416 | +104% |
| Recurring financial income | 75 | €399 | €815 | +€416 | +104% |
| Financial charges | 65/66B | €18,585 | €39,018 | +€20,433 | +110% |
| Recurring financial charges | 65 | €18,585 | €39,018 | +€20,433 | +110% |
| Profit (loss) for the period before taxes | 9903 | €164,344 | €113,693 | -€50,651 | -30.8% |
| Income taxes | 67/77 | €49,996 | €40,895 | -€9,101 | -18.2% |
| Profit (loss) for the period | 9904 | €114,348 | €72,798 | -€41,550 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €114,348 | €72,798 | -€41,550 | -36.3% |
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 16 October 2026 via checked.be.