BREECK: 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.
BREECK
Largest movements
- Receivables within one year +€22,600
up €22,600 (+17.6%), from €128,740 to €151,341
of which Trade receivables: +€33,023
- Tangible fixed assets -€8,126
down €8,126 (-31.9%), from €25,456 to €17,330
- Cash -€5,886
down €5,886 (-28.7%), from €20,490 to €14,604
mainly Contributions, distributions and other (-€63,632) and Receivables within one year (-€22,600)
- Tax, wage and social debts +€9,935
up €9,935 (+66.1%), from €15,022 to €24,957
- Debts after one year -€6,712
down €6,712 (-43.4%), from €15,449 to €8,737
- Trade debts +€3,367
up €3,367 (+3510.9%), from €96 to €3,463
- Gross operating margin +€106,144
up €106,144, from -€7,568 to €98,576
- Taxes +€24,813
up €24,813 (+19384.8%), from €128 to €24,941
- Depreciation -€1,198
down €1,198 (-12.8%), from €9,324 to €8,126
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 | €181,738 | €189,085 | +€7,347 | +4.0% |
| Fixed assets | 21/28 | €25,506 | €17,380 | -€8,126 | -31.9% |
| Tangible fixed assets | 22/27 | €25,456 | €17,330 | -€8,126 | -31.9% |
| Furniture and vehicles | 24 | €25,456 | €17,330 | -€8,126 | -31.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €156,232 | €171,704 | +€15,473 | +9.9% |
| Stocks and contracts in progress | 3 | €4,386 | €3,458 | -€928 | -21.2% |
| Stocks | 30/36 | €4,386 | €3,458 | -€928 | -21.2% |
| Amounts receivable within one year | 40/41 | €128,740 | €151,341 | +€22,600 | +17.6% |
| Trade receivables | 40 | €107,241 | €140,264 | +€33,023 | +30.8% |
| Other amounts receivable | 41 | €21,499 | €11,076 | -€10,423 | -48.5% |
| Cash at bank and in hand | 54/58 | €20,490 | €14,604 | -€5,886 | -28.7% |
| Deferred charges and accrued income | 490/1 | €2,615 | €2,302 | -€314 | -12.0% |
| Total equity and liabilities | 10/49 | €181,738 | €189,085 | +€7,347 | +4.0% |
| Equity | 10/15 | €144,695 | €145,215 | +€520 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €132,295 | €132,815 | +€520 | +0.4% |
| Distributable reserves | 133 | €132,295 | €132,815 | +€520 | +0.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €37,042 | €43,869 | +€6,827 | +18.4% |
| Amounts payable after more than one year | 17 | €15,449 | €8,737 | -€6,712 | -43.4% |
| Financial debts | 170/4 | €15,449 | €8,737 | -€6,712 | -43.4% |
| Amounts payable within one year | 42/48 | €21,593 | €35,132 | +€13,539 | +62.7% |
| Current portion of amounts payable after more than one year | 42 | €6,475 | €6,712 | +€237 | +3.7% |
| Trade debts | 44 | €96 | €3,463 | +€3,367 | +3510.9% |
| Suppliers | 440/4 | €96 | €3,463 | +€3,367 | +3510.9% |
| Taxes, remuneration and social security | 45 | €15,022 | €24,957 | +€9,935 | +66.1% |
| Taxes | 450/3 | €15,022 | €24,957 | +€9,935 | +66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,324 | €8,126 | -€1,198 | -12.8% |
| Other operating charges | 640/8 | €1,567 | €1,059 | -€508 | -32.4% |
| Gross operating margin | 9900 | -€7,568 | €98,576 | +€106,144 | |
| Operating profit (loss) | 9901 | -€18,458 | €89,392 | +€107,850 | |
| Financial income | 75/76B | €865 | €604 | -€261 | -30.2% |
| Recurring financial income | 75 | €865 | €604 | -€261 | -30.2% |
| Financial charges | 65/66B | €1,113 | €903 | -€210 | -18.9% |
| Recurring financial charges | 65 | €1,113 | €903 | -€210 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,706 | €89,093 | +€107,799 | |
| Income taxes | 67/77 | €128 | €24,941 | +€24,813 | +19384.8% |
| Profit (loss) for the period | 9904 | -€18,834 | €64,152 | +€82,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,834 | €64,152 | +€82,986 |
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.