BREDAKRANT: what changed
BREDAKRANT
Largest movements
- Tangible fixed assets -€31,635
down €31,635 (-11.4%), from €277,147 to €245,512
of which Furniture and vehicles: -€17,076
- Cash -€27,530
down €27,530 (-57.9%), from €47,573 to €20,042
mainly Debts after one year (-€45,939) and Net result for the year (-€21,696)
- Receivables within one year -€20,413
down €20,413 (-79.2%), from €25,783 to €5,369
of which Trade receivables: -€15,114
- Debts after one year -€45,939
down €45,939 (-42.7%), from €107,618 to €61,679
- Reserves -€21,696
down €21,696 (-13.0%), from €166,532 to €144,836
- Other debts -€5,711
down €5,711 (-76.6%), from €7,454 to €1,743
- Trade debts -€3,914
down €3,914 (-90.7%), from €4,314 to €400
- Gross operating margin -€93,760
down €93,760 (-80.0%), from €117,138 to €23,379
- Staff costs -€37,256
no longer reported in 2025 (was €37,256)
- Taxes -€9,352
down €9,352 (-94.8%), from €9,870 to €518
- Financial charges -€5,148
down €5,148 (-48.3%), from €10,654 to €5,506
- Depreciation -€2,334
down €2,334 (-6.3%), from €37,069 to €34,735
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 | €350,503 | €274,097 | -€76,406 | -21.8% |
| Fixed assets | 21/28 | €277,147 | €245,512 | -€31,635 | -11.4% |
| Tangible fixed assets | 22/27 | €277,147 | €245,512 | -€31,635 | -11.4% |
| Land and buildings | 22 | €236,214 | €221,894 | -€14,320 | -6.1% |
| Plant, machinery and equipment | 23 | €577 | €338 | -€239 | -41.4% |
| Furniture and vehicles | 24 | €40,356 | €23,279 | -€17,076 | -42.3% |
| Current assets | 29/58 | €73,356 | €28,585 | -€44,771 | -61.0% |
| Amounts receivable within one year | 40/41 | €25,783 | €5,369 | -€20,413 | -79.2% |
| Trade receivables | 40 | €15,564 | €450 | -€15,114 | -97.1% |
| Other amounts receivable | 41 | €10,219 | €4,919 | -€5,299 | -51.9% |
| Cash at bank and in hand | 54/58 | €47,573 | €20,042 | -€27,530 | -57.9% |
| Deferred charges and accrued income | 490/1 | - | €3,173 | +€3,173 | |
| Total equity and liabilities | 10/49 | €350,503 | €274,097 | -€76,406 | -21.8% |
| Equity | 10/15 | €185,124 | €163,428 | -€21,696 | -11.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €166,532 | €144,836 | -€21,696 | -13.0% |
| Distributable reserves | 133 | €166,532 | €144,836 | -€21,696 | -13.0% |
| Amounts payable | 17/49 | €165,378 | €110,668 | -€54,710 | -33.1% |
| Amounts payable after more than one year | 17 | €107,618 | €61,679 | -€45,939 | -42.7% |
| Financial debts | 170/4 | €107,618 | €61,679 | -€45,939 | -42.7% |
| Amounts payable within one year | 42/48 | €57,760 | €48,389 | -€9,371 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €44,249 | €45,939 | +€1,690 | +3.8% |
| Trade debts | 44 | €4,314 | €400 | -€3,914 | -90.7% |
| Suppliers | 440/4 | €4,314 | €400 | -€3,914 | -90.7% |
| Taxes, remuneration and social security | 45 | €1,742 | €307 | -€1,435 | -82.4% |
| Taxes | 450/3 | €1,741 | €307 | -€1,434 | -82.4% |
| Remuneration and social security | 454/9 | €1 | - | -€1 | |
| Other amounts payable | 47/48 | €7,454 | €1,743 | -€5,711 | -76.6% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Remuneration, social security and pensions | 62 | €37,256 | - | -€37,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,069 | €34,735 | -€2,334 | -6.3% |
| Other operating charges | 640/8 | €3,488 | €4,331 | +€842 | +24.1% |
| Gross operating margin | 9900 | €117,138 | €23,379 | -€93,760 | -80.0% |
| Operating profit (loss) | 9901 | €39,325 | -€15,687 | -€55,012 | |
| Financial income | 75/76B | €17 | €14 | -€3 | -17.2% |
| Recurring financial income | 75 | €17 | €14 | -€3 | -17.2% |
| Financial charges | 65/66B | €10,654 | €5,506 | -€5,148 | -48.3% |
| Recurring financial charges | 65 | €10,654 | €5,506 | -€5,148 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €28,689 | -€21,178 | -€49,867 | |
| Income taxes | 67/77 | €9,870 | €518 | -€9,352 | -94.8% |
| Profit (loss) for the period | 9904 | €18,819 | -€21,696 | -€40,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,819 | -€21,696 | -€40,515 |
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 2 November 2026 via checked.be.