Brecht Cops: 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 Cops
Largest movements
- Current investments +€280,000
up €280,000 (+256%), from €109,300 to €389,300
- Cash -€189,780
down €189,780 (-27.8%), from €683,201 to €493,421
mainly Current investments (-€280,000) and Contributions, distributions and other (-€157,497)
- Receivables within one year +€30,913
up €30,913 (+22,525%), from €137 to €31,050
of which Other amounts receivable: +€31,050
- Other debts +€97,403
up €97,403 (+162%), from €60,094 to €157,497
- Reserves +€31,000
up €31,000 (+4.3%), from €715,660 to €746,660
of which Distributable reserves: +€31,000
- Gross operating margin +€17,160
up €17,160 (+6.7%), from €256,138 to €273,298
- Taxes +€6,630
up €6,630 (+8.6%), from €77,255 to €83,885
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 | €834,014 | €959,299 | +€125,285 | +15.0% |
| Fixed assets | 21/28 | €32,669 | €34,821 | +€2,152 | +6.6% |
| Tangible fixed assets | 22/27 | €32,669 | €34,821 | +€2,152 | +6.6% |
| Land and buildings | 22 | €10,000 | €9,400 | -€600 | -6.0% |
| Plant, machinery and equipment | 23 | €486 | €224 | -€262 | -53.9% |
| Furniture and vehicles | 24 | €8,039 | €11,958 | +€3,920 | +48.8% |
| Other tangible fixed assets | 26 | €14,145 | €13,239 | -€906 | -6.4% |
| Current assets | 29/58 | €801,345 | €924,478 | +€123,133 | +15.4% |
| Amounts receivable within one year | 40/41 | €137 | €31,050 | +€30,913 | +22,525% |
| Trade receivables | 40 | €137 | €0 | -€137 | -100% |
| Other amounts receivable | 41 | €0 | €31,050 | +€31,050 | |
| Current investments | 50/53 | €109,300 | €389,300 | +€280,000 | +256% |
| Cash at bank and in hand | 54/58 | €683,201 | €493,421 | -€189,780 | -27.8% |
| Deferred charges and accrued income | 490/1 | €8,706 | €10,707 | +€2,001 | +23.0% |
| Total equity and liabilities | 10/49 | €834,014 | €959,299 | +€125,285 | +15.0% |
| Equity | 10/15 | €735,335 | €765,260 | +€29,925 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €715,660 | €746,660 | +€31,000 | +4.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €713,800 | €744,800 | +€31,000 | +4.3% |
| Profit (loss) carried forward | 14 | €1,075 | €0 | -€1,075 | -100% |
| Amounts payable | 17/49 | €98,679 | €194,039 | +€95,360 | +96.6% |
| Amounts payable within one year | 42/48 | €98,679 | €194,039 | +€95,360 | +96.6% |
| Financial debts | 43 | €11,794 | €11,744 | -€50 | -0.4% |
| Credit institutions | 430/8 | €11,794 | €11,744 | -€50 | -0.4% |
| Trade debts | 44 | €519 | €1,764 | +€1,245 | +240% |
| Suppliers | 440/4 | €519 | €1,764 | +€1,245 | +240% |
| Taxes, remuneration and social security | 45 | €26,272 | €23,034 | -€3,237 | -12.3% |
| Taxes | 450/3 | €26,272 | €23,034 | -€3,237 | -12.3% |
| Other amounts payable | 47/48 | €60,094 | €157,497 | +€97,403 | +162% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,645 | €5,108 | +€463 | +10.0% |
| Other operating charges | 640/8 | €896 | €1,094 | +€197 | +22.0% |
| Gross operating margin | 9900 | €256,138 | €273,298 | +€17,160 | +6.7% |
| Operating profit (loss) | 9901 | €250,597 | €267,096 | +€16,499 | +6.6% |
| Financial income | 75/76B | €4,767 | €7,030 | +€2,264 | +47.5% |
| Recurring financial income | 75 | €4,767 | €7,030 | +€2,264 | +47.5% |
| Financial charges | 65/66B | €1,800 | €2,820 | +€1,019 | +56.6% |
| Recurring financial charges | 65 | €1,800 | €2,820 | +€1,019 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €253,563 | €271,307 | +€17,744 | +7.0% |
| Income taxes | 67/77 | €77,255 | €83,885 | +€6,630 | +8.6% |
| Profit (loss) for the period | 9904 | €176,308 | €187,422 | +€11,113 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €176,308 | €187,422 | +€11,113 | +6.3% |
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 15 October 2026 via checked.be.