Brecht Reggers: what changed
Brecht Reggers
Largest movements
- Cash -€36,503
down €36,503 (-32.6%), from €111,884 to €75,382
mainly Contributions, distributions and other (-€73,391) and Deferred charges and accrued income (-€1,741)
- Tangible fixed assets -€3,697
down €3,697 (-36.9%), from €10,029 to €6,332
of which Furniture and vehicles: -€2,107
- Deferred charges and accrued income +€1,741
up €1,741 (+254%), from €686 to €2,428
- Receivables within one year -€1,535
down €1,535 (-79.7%), from €1,926 to €391
of which Trade receivables: -€1,119
- Reserves -€44,797
down €44,797 (-97.6%), from €45,891 to €1,093
- Tax, wage and social debts +€2,749
up €2,749 (+170%), from €1,615 to €4,364
- Trade debts +€2,282
up €2,282, from €0 to €2,282
- Gross operating margin -€21,883
down €21,883 (-33.8%), from €64,721 to €42,838
- Taxes -€4,207
down €4,207 (-32.3%), from €13,022 to €8,815
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,526 | €84,532 | -€39,994 | -32.1% |
| Fixed assets | 21/28 | €10,029 | €6,332 | -€3,697 | -36.9% |
| Tangible fixed assets | 22/27 | €10,029 | €6,332 | -€3,697 | -36.9% |
| Land and buildings | 22 | €3,941 | €2,351 | -€1,590 | -40.3% |
| Furniture and vehicles | 24 | €6,088 | €3,981 | -€2,107 | -34.6% |
| Current assets | 29/58 | €114,497 | €78,200 | -€36,297 | -31.7% |
| Amounts receivable within one year | 40/41 | €1,926 | €391 | -€1,535 | -79.7% |
| Trade receivables | 40 | €1,119 | €0 | -€1,119 | -100% |
| Other amounts receivable | 41 | €807 | €391 | -€416 | -51.6% |
| Cash at bank and in hand | 54/58 | €111,884 | €75,382 | -€36,503 | -32.6% |
| Deferred charges and accrued income | 490/1 | €686 | €2,428 | +€1,741 | +254% |
| Total equity and liabilities | 10/49 | €124,526 | €84,532 | -€39,994 | -32.1% |
| Equity | 10/15 | €60,891 | €16,093 | -€44,797 | -73.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €45,891 | €1,093 | -€44,797 | -97.6% |
| Distributable reserves | 133 | €45,891 | €1,093 | -€44,797 | -97.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,636 | €68,439 | +€4,803 | +7.5% |
| Amounts payable within one year | 42/48 | €63,636 | €68,439 | +€4,803 | +7.5% |
| Financial debts | 43 | €274 | €0 | -€274 | -100% |
| Credit institutions | 430/8 | €274 | €0 | -€274 | -100% |
| Trade debts | 44 | €0 | €2,282 | +€2,282 | |
| Suppliers | 440/4 | €0 | €2,282 | +€2,282 | |
| Taxes, remuneration and social security | 45 | €1,615 | €4,364 | +€2,749 | +170% |
| Taxes | 450/3 | €1,615 | €4,364 | +€2,749 | +170% |
| Other amounts payable | 47/48 | €61,747 | €61,793 | +€46 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,100 | €3,697 | -€402 | -9.8% |
| Other operating charges | 640/8 | €933 | €1,080 | +€147 | +15.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €64,721 | €42,838 | -€21,883 | -33.8% |
| Operating profit (loss) | 9901 | €59,689 | €38,061 | -€21,628 | -36.2% |
| Financial income | 75/76B | €0 | €24 | +€24 | +21,900% |
| Recurring financial income | 75 | €0 | €24 | +€24 | +21,900% |
| Financial charges | 65/66B | €776 | €677 | -€100 | -12.9% |
| Recurring financial charges | 65 | €776 | €677 | -€100 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €58,913 | €37,409 | -€21,504 | -36.5% |
| Income taxes | 67/77 | €13,022 | €8,815 | -€4,207 | -32.3% |
| Profit (loss) for the period | 9904 | €45,891 | €28,593 | -€17,297 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,891 | €28,593 | -€17,297 | -37.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.