BREEDERS TRUST: 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.
BREEDERS TRUST
Largest movements
- Current investments +€211,087
new in 2024: €211,087
- Cash -€202,366
no longer reported in 2024 (was €202,366)
mainly Current investments (-€211,087) and Trade debts (-€20,087)
- Receivables within one year -€51,532
down €51,532 (-66.0%), from €78,087 to €26,555
of which Trade receivables: -€51,342
- Trade debts -€20,087
down €20,087 (-73.2%), from €27,431 to €7,344
- Accrued charges and deferred income -€13,381
down €13,381 (-78.8%), from €16,973 to €3,592
- Profit (loss) carried forward -€7,967
down €7,967 (-4.6%), from €174,489 to €166,522
- Gross operating margin -€35,849
down €35,849 (-82.1%), from €43,684 to €7,835
- Taxes +€11,215
up €11,215 (+254%), from €4,411 to €15,626
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,939 | €238,958 | -€42,981 | -15.2% |
| Current assets | 29/58 | €281,939 | €238,958 | -€42,981 | -15.2% |
| Amounts receivable within one year | 40/41 | €78,087 | €26,555 | -€51,532 | -66.0% |
| Trade receivables | 40 | €72,389 | €21,047 | -€51,342 | -70.9% |
| Other amounts receivable | 41 | €5,698 | €5,508 | -€190 | -3.3% |
| Current investments | 50/53 | - | €211,087 | +€211,087 | |
| Cash at bank and in hand | 54/58 | €202,366 | - | -€202,366 | |
| Deferred charges and accrued income | 490/1 | €1,486 | €1,316 | -€170 | -11.4% |
| Total equity and liabilities | 10/49 | €281,939 | €238,958 | -€42,981 | -15.2% |
| Equity | 10/15 | €235,989 | €228,022 | -€7,967 | -3.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | - | -€61,500 | |
| Issued capital | 100 | €61,500 | - | -€61,500 | |
| Profit (loss) carried forward | 14 | €174,489 | €166,522 | -€7,967 | -4.6% |
| Amounts payable | 17/49 | €45,950 | €10,936 | -€35,014 | -76.2% |
| Amounts payable within one year | 42/48 | €28,977 | €7,344 | -€21,633 | -74.7% |
| Trade debts | 44 | €27,431 | €7,344 | -€20,087 | -73.2% |
| Suppliers | 440/4 | €27,431 | €7,344 | -€20,087 | -73.2% |
| Taxes, remuneration and social security | 45 | €1,546 | - | -€1,546 | |
| Taxes | 450/3 | €1,546 | - | -€1,546 | |
| Accrued charges and deferred income | 492/3 | €16,973 | €3,592 | -€13,381 | -78.8% |
| Other operating charges | 640/8 | - | €219 | +€219 | |
| Gross operating margin | 9900 | €43,684 | €7,835 | -€35,849 | -82.1% |
| Operating profit (loss) | 9901 | €43,684 | €7,616 | -€36,068 | -82.6% |
| Financial income | 75/76B | €226 | €577 | +€351 | +155% |
| Recurring financial income | 75 | €226 | €577 | +€351 | +155% |
| Financial charges | 65/66B | €453 | €535 | +€82 | +18.1% |
| Recurring financial charges | 65 | €453 | €535 | +€82 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €43,457 | €7,658 | -€35,799 | -82.4% |
| Income taxes | 67/77 | €4,411 | €15,626 | +€11,215 | +254% |
| Profit (loss) for the period | 9904 | €39,046 | -€7,968 | -€47,014 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,046 | -€7,968 | -€47,014 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.