BREESCH ILSE: 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.
BREESCH ILSE
Largest movements
- Cash +€12,734
up €12,734 (+45.5%), from €28,004 to €40,738
mainly Net result for the year (+€10,939) and Receivables after one year (+€3,414)
- Receivables after one year -€3,414
down €3,414 (-3.3%), from €102,936 to €99,522
- Reserves +€10,939
up €10,939 (+19.4%), from €56,395 to €67,334
of which Distributable reserves: +€10,939
- Other debts -€2,259
down €2,259 (-100%), from €2,259 to €0
- Tax, wage and social debts +€1,597
up €1,597 (+19.7%), from €8,124 to €9,721
- Gross operating margin -€8,651
down €8,651 (-33.1%), from €26,168 to €17,517
- Taxes -€2,446
down €2,446 (-30.3%), from €8,083 to €5,638
- Financial charges +€1,298
up €1,298 (+574%), from €226 to €1,524
- Other operating charges -€779
down €779 (-29.0%), from €2,689 to €1,910
- Depreciation +€452
up €452 (+959%), from €47 to €499
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.
Derived cash bridge
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 | €133,108 | €143,318 | +€10,210 | +7.7% |
| Fixed assets | 21/28 | €2,168 | €3,058 | +€890 | +41.1% |
| Tangible fixed assets | 22/27 | €2,168 | €3,058 | +€890 | +41.1% |
| Plant, machinery and equipment | 23 | €2,168 | €1,725 | -€443 | -20.4% |
| Furniture and vehicles | 24 | - | €1,333 | +€1,333 | |
| Current assets | 29/58 | €130,941 | €140,260 | +€9,320 | +7.1% |
| Amounts receivable after more than one year | 29 | €102,936 | €99,522 | -€3,414 | -3.3% |
| Other amounts receivable | 291 | €102,936 | €99,522 | -€3,414 | -3.3% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €28,004 | €40,738 | +€12,734 | +45.5% |
| Total equity and liabilities | 10/49 | €133,108 | €143,318 | +€10,210 | +7.7% |
| Equity | 10/15 | €122,549 | €133,488 | +€10,939 | +8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,395 | €67,334 | +€10,939 | +19.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,275 | €10,275 | = | 0.0% |
| Distributable reserves | 133 | €44,260 | €55,199 | +€10,939 | +24.7% |
| Profit (loss) carried forward | 14 | €59,953 | €59,953 | = | 0.0% |
| Amounts payable | 17/49 | €10,560 | €9,831 | -€729 | -6.9% |
| Amounts payable within one year | 42/48 | €10,560 | €9,831 | -€729 | -6.9% |
| Trade debts | 44 | €177 | €109 | -€68 | -38.2% |
| Suppliers | 440/4 | €177 | €109 | -€68 | -38.2% |
| Taxes, remuneration and social security | 45 | €8,124 | €9,721 | +€1,597 | +19.7% |
| Taxes | 450/3 | €8,124 | €9,721 | +€1,597 | +19.7% |
| Other amounts payable | 47/48 | €2,259 | €0 | -€2,259 | -100% |
| Non-recurring operating income | 76A | €9,000 | €0 | -€9,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47 | €499 | +€452 | +959% |
| Other operating charges | 640/8 | €2,689 | €1,910 | -€779 | -29.0% |
| Gross operating margin | 9900 | €26,168 | €17,517 | -€8,651 | -33.1% |
| Operating profit (loss) | 9901 | €23,433 | €15,108 | -€8,324 | -35.5% |
| Financial income | 75/76B | €2,998 | €2,992 | -€6 | -0.2% |
| Recurring financial income | 75 | €2,998 | €2,992 | -€6 | -0.2% |
| Financial charges | 65/66B | €226 | €1,524 | +€1,298 | +574% |
| Recurring financial charges | 65 | €226 | €1,524 | +€1,298 | +574% |
| Profit (loss) for the period before taxes | 9903 | €26,205 | €16,577 | -€9,628 | -36.7% |
| Income taxes | 67/77 | €8,083 | €5,638 | -€2,446 | -30.3% |
| Profit (loss) for the period | 9904 | €18,121 | €10,939 | -€7,183 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,121 | €10,939 | -€7,183 | -39.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.