BRECHT: 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.
BRECHT
Largest movements
- Tangible fixed assets -€6,998
no longer reported in 2025 (was €6,998)
- Receivables within one year +€4,474
up €4,474 (+1.8%), from €250,898 to €255,372
of which Other amounts receivable: +€4,474
- Other debts +€36,951
up €36,951 (+18.4%), from €200,500 to €237,451
- Profit (loss) carried forward -€22,900
down €22,900 (-1,058%), from -€2,165 to -€25,065
- Short-term financial debts -€16,948
no longer reported in 2025 (was €16,948)
- Gross operating margin +€4,658
up €4,658 (+27.0%), from -€17,264 to -€12,606
- Other operating charges +€818
up €818 (+146%), from €560 to €1,378
- Depreciation -€719
down €719 (-9.3%), from €7,717 to €6,998
- Financial charges -€345
down €345 (-16.7%), from €2,068 to €1,723
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 | €257,896 | €255,826 | -€2,070 | -0.8% |
| Fixed assets | 21/28 | €6,998 | - | -€6,998 | |
| Tangible fixed assets | 22/27 | €6,998 | - | -€6,998 | |
| Furniture and vehicles | 24 | €6,998 | - | -€6,998 | |
| Current assets | 29/58 | €250,898 | €255,826 | +€4,927 | +2.0% |
| Amounts receivable within one year | 40/41 | €250,898 | €255,372 | +€4,474 | +1.8% |
| Trade receivables | 40 | €3,820 | €3,820 | = | 0.0% |
| Other amounts receivable | 41 | €247,078 | €251,552 | +€4,474 | +1.8% |
| Cash at bank and in hand | 54/58 | - | €454 | +€454 | |
| Total equity and liabilities | 10/49 | €257,896 | €255,826 | -€2,070 | -0.8% |
| Equity | 10/15 | €39,437 | €16,537 | -€22,900 | -58.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,002 | €23,002 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,142 | €21,142 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,165 | -€25,065 | -€22,900 | -1,058% |
| Amounts payable | 17/49 | €218,459 | €239,289 | +€20,829 | +9.5% |
| Amounts payable within one year | 42/48 | €218,459 | €239,289 | +€20,829 | +9.5% |
| Financial debts | 43 | €16,948 | - | -€16,948 | |
| Credit institutions | 430/8 | €16,948 | - | -€16,948 | |
| Trade debts | 44 | €802 | €1,434 | +€632 | +78.8% |
| Suppliers | 440/4 | €802 | €1,434 | +€632 | +78.8% |
| Taxes, remuneration and social security | 45 | €210 | €404 | +€194 | +92.6% |
| Taxes | 450/3 | €210 | €404 | +€194 | +92.6% |
| Other amounts payable | 47/48 | €200,500 | €237,451 | +€36,951 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,717 | €6,998 | -€719 | -9.3% |
| Other operating charges | 640/8 | €560 | €1,378 | +€818 | +146% |
| Gross operating margin | 9900 | -€17,264 | -€12,606 | +€4,658 | +27.0% |
| Operating profit (loss) | 9901 | -€25,541 | -€20,983 | +€4,558 | +17.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,068 | €1,723 | -€345 | -16.7% |
| Recurring financial charges | 65 | €2,068 | €1,723 | -€345 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,609 | -€22,706 | +€4,903 | +17.8% |
| Income taxes | 67/77 | €210 | €194 | -€16 | -7.4% |
| Profit (loss) for the period | 9904 | -€27,819 | -€22,900 | +€4,919 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,819 | -€22,900 | +€4,919 | +17.7% |
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 13 October 2026 via checked.be.