BRECON: 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.
BRECON
Largest movements
- Receivables after one year -€125,000
down €125,000 (-86.2%), from €145,000 to €20,000
- Tangible fixed assets +€65,050
up €65,050 (+5,635%), from €1,154 to €66,204
- Cash -€55,196
down €55,196 (-43.6%), from €126,625 to €71,429
mainly Contributions, distributions and other (-€164,393) and Other debts (-€75,028)
- Receivables within one year -€48,752
down €48,752 (-87.3%), from €55,858 to €7,106
of which Other amounts receivable: -€29,152
- Other debts -€75,028
down €75,028 (-86.8%), from €86,472 to €11,445
- Reserves -€52,653
down €52,653 (-30.2%), from €174,393 to €121,740
of which Distributable reserves: -€52,653
- Tax, wage and social debts -€33,238
down €33,238 (-56.8%), from €58,535 to €25,297
of which Remuneration and social security: -€17,984
- Gross operating margin -€21,037
down €21,037 (-12.4%), from €169,526 to €148,489
- Depreciation +€3,977
up €3,977 (+488%), from €814 to €4,791
- Taxes -€2,305
down €2,305 (-6.8%), from €33,775 to €31,469
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 | €328,937 | €168,128 | -€160,809 | -48.9% |
| Fixed assets | 21/28 | €1,154 | €66,204 | +€65,050 | +5,635% |
| Tangible fixed assets | 22/27 | €1,154 | €66,204 | +€65,050 | +5,635% |
| Furniture and vehicles | 24 | €1,154 | €66,204 | +€65,050 | +5,635% |
| Current assets | 29/58 | €327,783 | €101,924 | -€225,858 | -68.9% |
| Amounts receivable after more than one year | 29 | €145,000 | €20,000 | -€125,000 | -86.2% |
| Other amounts receivable | 291 | €145,000 | €20,000 | -€125,000 | -86.2% |
| Amounts receivable within one year | 40/41 | €55,858 | €7,106 | -€48,752 | -87.3% |
| Trade receivables | 40 | €21,175 | €1,575 | -€19,600 | -92.6% |
| Other amounts receivable | 41 | €34,683 | €5,531 | -€29,152 | -84.1% |
| Cash at bank and in hand | 54/58 | €126,625 | €71,429 | -€55,196 | -43.6% |
| Deferred charges and accrued income | 490/1 | €300 | €3,390 | +€3,090 | +1,030% |
| Total equity and liabilities | 10/49 | €328,937 | €168,128 | -€160,809 | -48.9% |
| Equity | 10/15 | €179,393 | €126,740 | -€52,653 | -29.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €174,393 | €121,740 | -€52,653 | -30.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €174,393 | €121,740 | -€52,653 | -30.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €149,543 | €41,388 | -€108,155 | -72.3% |
| Amounts payable within one year | 42/48 | €146,543 | €38,388 | -€108,155 | -73.8% |
| Trade debts | 44 | €1,537 | €1,647 | +€110 | +7.2% |
| Suppliers | 440/4 | €1,537 | €1,647 | +€110 | +7.2% |
| Taxes, remuneration and social security | 45 | €58,535 | €25,297 | -€33,238 | -56.8% |
| Taxes | 450/3 | €39,426 | €24,172 | -€15,254 | -38.7% |
| Remuneration and social security | 454/9 | €19,109 | €1,125 | -€17,984 | -94.1% |
| Other amounts payable | 47/48 | €86,472 | €11,445 | -€75,028 | -86.8% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814 | €4,791 | +€3,977 | +488% |
| Other operating charges | 640/8 | €1,149 | €663 | -€486 | -42.3% |
| Gross operating margin | 9900 | €169,526 | €148,489 | -€21,037 | -12.4% |
| Operating profit (loss) | 9901 | €167,563 | €143,035 | -€24,528 | -14.6% |
| Financial income | 75/76B | €300 | €308 | +€8 | +2.6% |
| Recurring financial income | 75 | €300 | €308 | +€8 | +2.6% |
| Financial charges | 65/66B | €119 | €134 | +€14 | +12.0% |
| Recurring financial charges | 65 | €119 | €134 | +€14 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €167,744 | €143,209 | -€24,534 | -14.6% |
| Income taxes | 67/77 | €33,775 | €31,469 | -€2,305 | -6.8% |
| Profit (loss) for the period | 9904 | €133,969 | €111,740 | -€22,229 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,969 | €111,740 | -€22,229 | -16.6% |
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 25 October 2026 via checked.be.