BREESE IMMO MAATSCHAPPIJ: 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.
BREESE IMMO MAATSCHAPPIJ
Largest movements
- Stocks and contracts +€274,383
up €274,383 (+23.3%), from €1.2m to €1.5m
of which Contracts in progress: +€274,383
- Receivables within one year +€43,623
up €43,623 (+5.3%), from €820,938 to €864,561
of which Trade receivables: +€26,042
- Debts after one year +€500,000
new in 2025: €500,000
- Trade debts -€330,511
down €330,511 (-50.0%), from €660,703 to €330,192
- Other debts +€124,906
up €124,906 (+20.5%), from €610,004 to €734,911
- Financial charges -€74,823
down €74,823 (-89.3%), from €83,795 to €8,972
of which Non-recurring financial charges: -€83,648
- Gross operating margin -€14,771
down €14,771 (-23.4%), from €63,150 to €48,379
- Taxes -€5,217
down €5,217 (-49.5%), from €10,537 to €5,319
- Other operating charges -€2,853
down €2,853 (-61.2%), from €4,660 to €1,807
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 | €2,066,460 | €2,385,305 | +€318,845 | +15.4% |
| Fixed assets | 21/28 | €11,075 | €11,065 | -€10 | -0.1% |
| Tangible fixed assets | 22/27 | €11,001 | €10,991 | -€10 | -0.1% |
| Land and buildings | 22 | €8,850 | €8,850 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,151 | €2,141 | -€10 | -0.5% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €2,055,385 | €2,374,240 | +€318,855 | +15.5% |
| Amounts receivable after more than one year | 29 | €55,000 | €55,000 | = | 0.0% |
| Other amounts receivable | 291 | €55,000 | €55,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,179,239 | €1,453,622 | +€274,383 | +23.3% |
| Stocks | 30/36 | €3,760 | €3,760 | = | 0.0% |
| Contracts in progress | 37 | €1,175,479 | €1,449,862 | +€274,383 | +23.3% |
| Amounts receivable within one year | 40/41 | €820,938 | €864,561 | +€43,623 | +5.3% |
| Trade receivables | 40 | €669,463 | €695,505 | +€26,042 | +3.9% |
| Other amounts receivable | 41 | €151,475 | €169,056 | +€17,581 | +11.6% |
| Cash at bank and in hand | 54/58 | €134 | €982 | +€848 | +631% |
| Deferred charges and accrued income | 490/1 | €74 | €75 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €2,066,460 | €2,385,305 | +€318,845 | +15.4% |
| Equity | 10/15 | €766,966 | €779,373 | +€12,407 | +1.6% |
| Contributions | 10/11 | €361,500 | €361,500 | = | 0.0% |
| Capital | 10 | €361,500 | €361,500 | = | 0.0% |
| Issued capital | 100 | €361,500 | €361,500 | = | 0.0% |
| Reserves | 13 | €405,466 | €417,873 | +€12,407 | +3.1% |
| Non-distributable reserves | 130/1 | €61,320 | €61,940 | +€620 | +1.0% |
| Legal reserve | 130 | €20,004 | €20,624 | +€620 | +3.1% |
| Reserves not available under the articles | 1311 | €41,316 | €41,316 | = | 0.0% |
| Distributable reserves | 133 | €344,146 | €355,933 | +€11,787 | +3.4% |
| Amounts payable | 17/49 | €1,299,494 | €1,605,932 | +€306,438 | +23.6% |
| Amounts payable after more than one year | 17 | - | €500,000 | +€500,000 | |
| Financial debts | 170/4 | - | €500,000 | +€500,000 | |
| Amounts payable within one year | 42/48 | €1,299,494 | €1,105,932 | -€193,562 | -14.9% |
| Trade debts | 44 | €660,703 | €330,192 | -€330,511 | -50.0% |
| Suppliers | 440/4 | €660,703 | €330,192 | -€330,511 | -50.0% |
| Advances received on contracts in progress | 46 | €0 | €5,524 | +€5,524 | |
| Taxes, remuneration and social security | 45 | €28,787 | €35,306 | +€6,519 | +22.6% |
| Taxes | 450/3 | €28,787 | €35,306 | +€6,519 | +22.6% |
| Other amounts payable | 47/48 | €610,004 | €734,911 | +€124,906 | +20.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €796 | +€312 | +64.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,912 | €21,912 | = | 0.0% |
| Other operating charges | 640/8 | €4,660 | €1,807 | -€2,853 | -61.2% |
| Gross operating margin | 9900 | €63,150 | €48,379 | -€14,771 | -23.4% |
| Operating profit (loss) | 9901 | €36,095 | €23,865 | -€12,230 | -33.9% |
| Financial income | 75/76B | €2,525 | €2,834 | +€310 | +12.3% |
| Recurring financial income | 75 | €2,525 | €2,834 | +€310 | +12.3% |
| Financial charges | 65/66B | €83,795 | €8,972 | -€74,823 | -89.3% |
| Recurring financial charges | 65 | €147 | €8,972 | +€8,825 | +6,005% |
| Non-recurring financial charges | 66B | €83,648 | €0 | -€83,648 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€45,175 | €17,727 | +€62,902 | |
| Income taxes | 67/77 | €10,537 | €5,319 | -€5,217 | -49.5% |
| Profit (loss) for the period | 9904 | -€55,712 | €12,407 | +€68,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,712 | €12,407 | +€68,119 |
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 30 October 2026 via checked.be.