Bredabaan 552: 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.
Bredabaan 552
Largest movements
- Receivables within one year +€974,384
up €974,384 (+275%), from €354,669 to €1.3m
of which Other amounts receivable: +€974,766
- Current investments -€750,000
down €750,000 (-100%), from €750,000 to €0
- Cash -€550,705
down €550,705 (-70.1%), from €785,113 to €234,408
mainly Receivables within one year (-€974,384) and Contributions, distributions and other (-€615,000)
- Deferred charges and accrued income -€50,584
down €50,584 (-81.0%), from €62,427 to €11,843
- Tangible fixed assets -€37,924
down €37,924 (-2.9%), from €1.3m to €1.3m
of which Land and buildings: -€66,360
- Trade debts -€404,646
down €404,646 (-84.7%), from €477,595 to €72,949
- Other debts +€365,000
up €365,000 (+146%), from €250,000 to €615,000
- Debts after one year -€229,489
down €229,489 (-100%), from €229,489 to €0
- Current portion of long-term debt -€151,498
down €151,498 (-100%), from €151,498 to €0
- Gross operating margin -€892,307
down €892,307 (-43.9%), from €2.0m to €1.1m
- Taxes -€172,133
down €172,133 (-69.4%), from €247,938 to €75,806
- Staff costs -€123,530
down €123,530 (-26.1%), from €472,920 to €349,389
- Depreciation -€37,940
down €37,940 (-26.7%), from €142,311 to €104,371
- Financial income +€28,247
up €28,247 (+390%), from €7,252 to €35,499
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 | €3,254,907 | €2,844,820 | -€410,087 | -12.6% |
| Fixed assets | 21/28 | €1,289,981 | €1,252,057 | -€37,924 | -2.9% |
| Tangible fixed assets | 22/27 | €1,289,981 | €1,252,057 | -€37,924 | -2.9% |
| Land and buildings | 22 | €1,197,950 | €1,131,590 | -€66,360 | -5.5% |
| Plant, machinery and equipment | 23 | €85,644 | €113,864 | +€28,220 | +32.9% |
| Furniture and vehicles | 24 | €6,387 | €6,603 | +€216 | +3.4% |
| Current assets | 29/58 | €1,964,925 | €1,592,763 | -€372,163 | -18.9% |
| Stocks and contracts in progress | 3 | €12,716 | €17,459 | +€4,742 | +37.3% |
| Stocks | 30/36 | €12,716 | €17,459 | +€4,742 | +37.3% |
| Amounts receivable within one year | 40/41 | €354,669 | €1,329,053 | +€974,384 | +275% |
| Trade receivables | 40 | €383 | €0 | -€383 | -100% |
| Other amounts receivable | 41 | €354,287 | €1,329,053 | +€974,766 | +275% |
| Current investments | 50/53 | €750,000 | €0 | -€750,000 | -100% |
| Cash at bank and in hand | 54/58 | €785,113 | €234,408 | -€550,705 | -70.1% |
| Deferred charges and accrued income | 490/1 | €62,427 | €11,843 | -€50,584 | -81.0% |
| Total equity and liabilities | 10/49 | €3,254,907 | €2,844,820 | -€410,087 | -12.6% |
| Equity | 10/15 | €2,006,648 | €2,016,943 | +€10,294 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,988,048 | €1,998,343 | +€10,294 | +0.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €1,988,048 | €1,998,343 | +€10,294 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,248,258 | €827,877 | -€420,381 | -33.7% |
| Amounts payable after more than one year | 17 | €229,489 | €0 | -€229,489 | -100% |
| Financial debts | 170/4 | €229,489 | €0 | -€229,489 | -100% |
| Amounts payable within one year | 42/48 | €930,961 | €737,579 | -€193,383 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €151,498 | €0 | -€151,498 | -100% |
| Trade debts | 44 | €477,595 | €72,949 | -€404,646 | -84.7% |
| Suppliers | 440/4 | €477,595 | €72,949 | -€404,646 | -84.7% |
| Taxes, remuneration and social security | 45 | €51,868 | €49,630 | -€2,238 | -4.3% |
| Taxes | 450/3 | €0 | €1,336 | +€1,336 | |
| Remuneration and social security | 454/9 | €51,868 | €48,294 | -€3,575 | -6.9% |
| Other amounts payable | 47/48 | €250,000 | €615,000 | +€365,000 | +146% |
| Accrued charges and deferred income | 492/3 | €87,807 | €90,298 | +€2,491 | +2.8% |
| Remuneration, social security and pensions | 62 | €472,920 | €349,389 | -€123,530 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,311 | €104,371 | -€37,940 | -26.7% |
| Other operating charges | 640/8 | €25,061 | €7,743 | -€17,318 | -69.1% |
| Gross operating margin | 9900 | €2,030,796 | €1,138,489 | -€892,307 | -43.9% |
| Operating profit (loss) | 9901 | €1,390,503 | €676,985 | -€713,518 | -51.3% |
| Financial income | 75/76B | €7,252 | €35,499 | +€28,247 | +390% |
| Recurring financial income | 75 | €7,252 | €35,499 | +€28,247 | +390% |
| Financial charges | 65/66B | €14,780 | €11,384 | -€3,396 | -23.0% |
| Recurring financial charges | 65 | €14,780 | €11,384 | -€3,396 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €1,382,976 | €701,100 | -€681,876 | -49.3% |
| Income taxes | 67/77 | €247,938 | €75,806 | -€172,133 | -69.4% |
| Profit (loss) for the period | 9904 | €1,135,037 | €625,294 | -€509,743 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,135,037 | €625,294 | -€509,743 | -44.9% |
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.