BREECHAMP: what changed
Two fiscal 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.
BREECHAMP
Largest movements
- Receivables within one year -€307,124
down €307,124 (-49.1%), from €625,313 to €318,189
of which Trade receivables: -€268,125
- Tangible fixed assets -€103,068
down €103,068 (-17.6%), from €584,361 to €481,293
- Cash +€17,319
up €17,319 (+23.0%), from €75,240 to €92,559
mainly Other debts (+€397,366) and Receivables within one year (+€307,124)
- Profit (loss) carried forward -€402,495
down €402,495 (-14.9%), from -€2.7m to -€3.1m
- Other debts +€397,366
up €397,366 (+27.3%), from €1.5m to €1.9m
- Trade debts -€325,169
down €325,169 (-63.6%), from €510,881 to €185,713
- Tax, wage and social debts -€97,213
down €97,213 (-26.9%), from €361,199 to €263,986
of which Remuneration and social security: -€107,132
- Accrued charges and deferred income +€27,352
up €27,352 (+306.3%), from €8,931 to €36,283
- Staff costs -€1.1m
down €1.1m (-31.1%), from €3.5m to €2.4m
- Gross operating margin -€777,932
down €777,932 (-25.8%), from €3.0m to €2.2m
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.
Cash bridge derived
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 | €1,518,111 | €1,117,952 | -€400,160 | -26.4% |
| Fixed assets | 21/28 | €584,361 | €481,293 | -€103,068 | -17.6% |
| Tangible fixed assets | 22/27 | €584,361 | €481,293 | -€103,068 | -17.6% |
| Land and buildings | 22 | €261,787 | €241,311 | -€20,476 | -7.8% |
| Plant, machinery and equipment | 23 | €127,326 | €85,974 | -€41,352 | -32.5% |
| Furniture and vehicles | 24 | €111,355 | €75,092 | -€36,263 | -32.6% |
| Other tangible fixed assets | 26 | €83,893 | €78,916 | -€4,977 | -5.9% |
| Current assets | 29/58 | €933,750 | €636,659 | -€297,092 | -31.8% |
| Stocks and contracts in progress | 3 | €226,531 | €225,910 | -€621 | -0.3% |
| Stocks | 30/36 | €226,531 | €225,910 | -€621 | -0.3% |
| Amounts receivable within one year | 40/41 | €625,313 | €318,189 | -€307,124 | -49.1% |
| Trade receivables | 40 | €563,627 | €295,502 | -€268,125 | -47.6% |
| Other amounts receivable | 41 | €61,686 | €22,687 | -€38,999 | -63.2% |
| Cash at bank and in hand | 54/58 | €75,240 | €92,559 | +€17,319 | +23.0% |
| Deferred charges and accrued income | 490/1 | €6,666 | €0 | -€6,666 | -100.0% |
| Total equity and liabilities | 10/49 | €1,518,111 | €1,117,952 | -€400,160 | -26.4% |
| Equity | 10/15 | -€819,231 | -€1,221,726 | -€402,495 | -49.1% |
| Contributions | 10/11 | €1,868,640 | €1,868,640 | = | 0.0% |
| Capital | 10 | €1,868,640 | €1,868,640 | = | 0.0% |
| Issued capital | 100 | €1,868,640 | €1,868,640 | = | 0.0% |
| Reserves | 13 | €16,741 | €16,741 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,741 | €16,741 | = | 0.0% |
| Legal reserve | 130 | €16,741 | €16,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,704,612 | -€3,107,108 | -€402,495 | -14.9% |
| Amounts payable | 17/49 | €2,337,342 | €2,339,678 | +€2,336 | +0.1% |
| Amounts payable within one year | 42/48 | €2,328,411 | €2,303,395 | -€25,016 | -1.1% |
| Trade debts | 44 | €510,881 | €185,713 | -€325,169 | -63.6% |
| Suppliers | 440/4 | €510,881 | €185,713 | -€325,169 | -63.6% |
| Taxes, remuneration and social security | 45 | €361,199 | €263,986 | -€97,213 | -26.9% |
| Taxes | 450/3 | €19,697 | €29,615 | +€9,919 | +50.4% |
| Remuneration and social security | 454/9 | €341,503 | €234,371 | -€107,132 | -31.4% |
| Other amounts payable | 47/48 | €1,456,330 | €1,853,696 | +€397,366 | +27.3% |
| Accrued charges and deferred income | 492/3 | €8,931 | €36,283 | +€27,352 | +306.3% |
| Non-recurring operating income | 76A | €6,073 | €0 | -€6,073 | -100.0% |
| Remuneration, social security and pensions | 62 | €3,504,437 | €2,415,484 | -€1.1m | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,765 | €116,964 | -€9,801 | -7.7% |
| Other operating charges | 640/8 | €68,133 | €61,232 | -€6,901 | -10.1% |
| Non-recurring operating charges | 66A | €3,793 | €0 | -€3,793 | -100.0% |
| Gross operating margin | 9900 | €3,018,824 | €2,240,891 | -€777,932 | -25.8% |
| Operating profit (loss) | 9901 | -€684,305 | -€352,789 | +€331,516 | +48.4% |
| Financial income | 75/76B | €52 | €0 | -€52 | -100.0% |
| Recurring financial income | 75 | €52 | €0 | -€52 | -100.0% |
| Financial charges | 65/66B | €35,131 | €49,262 | +€14,132 | +40.2% |
| Recurring financial charges | 65 | €35,131 | €49,262 | +€14,132 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | -€719,383 | -€402,051 | +€317,332 | +44.1% |
| Income taxes | 67/77 | €425 | €444 | +€19 | +4.4% |
| Profit (loss) for the period | 9904 | -€719,808 | -€402,495 | +€317,313 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€719,808 | -€402,495 | +€317,313 | +44.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.