BreedT: 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.
BreedT
Largest movements
- Cash -€64,447
down €64,447 (-73.1%), from €88,192 to €23,745
mainly Other debts (-€81,419) and Receivables within one year (-€29,488)
- Receivables within one year +€29,488
up €29,488 (+158.1%), from €18,646 to €48,134
of which Trade receivables: +€36,561
- Tangible fixed assets -€9,821
down €9,821 (-9.8%), from €99,778 to €89,958
of which Furniture and vehicles: -€6,190
- Other debts -€81,419
down €81,419 (-93.5%), from €87,057 to €5,639
- Reserves +€37,632
up €37,632 (+93.4%), from €40,304 to €77,936
of which Distributable reserves: +€37,632
- Debts after one year -€21,441
down €21,441 (-78.1%), from €27,441 to €6,000
- Trade debts +€20,373
up €20,373 (+580.1%), from €3,512 to €23,885
- Tax, wage and social debts -€2,355
down €2,355 (-19.0%), from €12,366 to €10,011
of which Taxes: -€6,893
- Gross operating margin +€20,864
up €20,864 (+65.0%), from €32,105 to €52,969
- Taxes +€7,139
up €7,139 (+88.5%), from €8,064 to €15,203
- Financial charges -€6,359
down €6,359 (-81.7%), from €7,780 to €1,422
of which Non-recurring financial charges: -€5,438
- Financial income +€4,096
up €4,096 (+73.1%), from €5,604 to €9,700
of which Non-recurring financial income: +€9,605
- Depreciation +€1,532
up €1,532 (+31.3%), from €4,893 to €6,425
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 | €209,154 | €164,069 | -€45,085 | -21.6% |
| Fixed assets | 21/28 | €99,840 | €90,020 | -€9,821 | -9.8% |
| Tangible fixed assets | 22/27 | €99,778 | €89,958 | -€9,821 | -9.8% |
| Land and buildings | 22 | €81,497 | €79,973 | -€1,524 | -1.9% |
| Plant, machinery and equipment | 23 | €12,092 | €9,985 | -€2,107 | -17.4% |
| Furniture and vehicles | 24 | €6,190 | €0 | -€6,190 | -100.0% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €109,313 | €74,049 | -€35,264 | -32.3% |
| Amounts receivable within one year | 40/41 | €18,646 | €48,134 | +€29,488 | +158.1% |
| Trade receivables | 40 | €10,745 | €47,306 | +€36,561 | +340.3% |
| Other amounts receivable | 41 | €7,901 | €828 | -€7,073 | -89.5% |
| Cash at bank and in hand | 54/58 | €88,192 | €23,745 | -€64,447 | -73.1% |
| Deferred charges and accrued income | 490/1 | €2,475 | €2,170 | -€305 | -12.3% |
| Total equity and liabilities | 10/49 | €209,154 | €164,069 | -€45,085 | -21.6% |
| Equity | 10/15 | €46,504 | €84,136 | +€37,632 | +80.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,304 | €77,936 | +€37,632 | +93.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €40,304 | €77,936 | +€37,632 | +93.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €162,650 | €79,933 | -€82,717 | -50.9% |
| Amounts payable after more than one year | 17 | €27,441 | €6,000 | -€21,441 | -78.1% |
| Financial debts | 170/4 | €27,441 | €6,000 | -€21,441 | -78.1% |
| Amounts payable within one year | 42/48 | €135,209 | €73,933 | -€61,276 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €32,273 | €34,398 | +€2,125 | +6.6% |
| Trade debts | 44 | €3,512 | €23,885 | +€20,373 | +580.1% |
| Suppliers | 440/4 | €3,512 | €23,885 | +€20,373 | +580.1% |
| Taxes, remuneration and social security | 45 | €12,366 | €10,011 | -€2,355 | -19.0% |
| Taxes | 450/3 | €12,366 | €5,473 | -€6,893 | -55.7% |
| Remuneration and social security | 454/9 | - | €4,538 | +€4,538 | |
| Other amounts payable | 47/48 | €87,057 | €5,639 | -€81,419 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,893 | €6,425 | +€1,532 | +31.3% |
| Other operating charges | 640/8 | €2,659 | €1,987 | -€672 | -25.3% |
| Gross operating margin | 9900 | €32,105 | €52,969 | +€20,864 | +65.0% |
| Operating profit (loss) | 9901 | €24,553 | €44,557 | +€20,004 | +81.5% |
| Financial income | 75/76B | €5,604 | €9,700 | +€4,096 | +73.1% |
| Recurring financial income | 75 | €5,604 | €95 | -€5,509 | -98.3% |
| Non-recurring financial income | 76B | - | €9,605 | +€9,605 | |
| Financial charges | 65/66B | €7,780 | €1,422 | -€6,359 | -81.7% |
| Recurring financial charges | 65 | €2,316 | €1,396 | -€921 | -39.7% |
| Non-recurring financial charges | 66B | €5,464 | €26 | -€5,438 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | €22,377 | €52,835 | +€30,458 | +136.1% |
| Income taxes | 67/77 | €8,064 | €15,203 | +€7,139 | +88.5% |
| Profit (loss) for the period | 9904 | €14,313 | €37,632 | +€23,320 | +162.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,313 | €37,632 | +€23,320 | +162.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.