BREETEC GROUP: what changed
BREETEC GROUP
Largest movements
- Receivables within one year +€252,864
up €252,864 (+111%), from €227,370 to €480,234
of which Trade receivables: +€242,989
- Cash -€145,311
down €145,311 (-64.2%), from €226,479 to €81,168
mainly Receivables within one year (-€252,864) and Debts after one year (-€67,687)
- Tangible fixed assets -€77,676
down €77,676 (-23.2%), from €335,011 to €257,335
- Deferred charges and accrued income -€59,860
down €59,860 (-64.8%), from €92,427 to €32,567
- Debts after one year -€67,687
down €67,687 (-33.3%), from €203,186 to €135,499
- Reserves +€41,802
up €41,802 (+20.9%), from €200,387 to €242,190
- Other debts -€21,053
down €21,053 (-100%), from €21,053 to €0
- Tax, wage and social debts +€18,295
up €18,295 (+5.4%), from €338,583 to €356,878
of which Taxes: +€24,306
- Gross operating margin +€246,870
up €246,870 (+14.8%), from €1.7m to €1.9m
- Other operating charges +€159,520
up €159,520 (+236%), from €67,465 to €226,985
- Staff costs +€102,569
up €102,569 (+7.3%), from €1.4m to €1.5m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €888,070 | €855,072 | -€32,999 | -3.7% |
| Fixed assets | 21/28 | €341,794 | €261,102 | -€80,692 | -23.6% |
| Intangible fixed assets | 21 | €6,783 | €3,767 | -€3,017 | -44.5% |
| Tangible fixed assets | 22/27 | €335,011 | €257,335 | -€77,676 | -23.2% |
| Furniture and vehicles | 24 | €335,011 | €257,335 | -€77,676 | -23.2% |
| Current assets | 29/58 | €546,276 | €593,970 | +€47,694 | +8.7% |
| Amounts receivable within one year | 40/41 | €227,370 | €480,234 | +€252,864 | +111% |
| Trade receivables | 40 | €224,374 | €467,362 | +€242,989 | +108% |
| Other amounts receivable | 41 | €2,997 | €12,872 | +€9,875 | +330% |
| Cash at bank and in hand | 54/58 | €226,479 | €81,168 | -€145,311 | -64.2% |
| Deferred charges and accrued income | 490/1 | €92,427 | €32,567 | -€59,860 | -64.8% |
| Total equity and liabilities | 10/49 | €888,070 | €855,072 | -€32,999 | -3.7% |
| Equity | 10/15 | €218,987 | €260,790 | +€41,802 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,387 | €242,190 | +€41,802 | +20.9% |
| Distributable reserves | 133 | €200,387 | €242,190 | +€41,802 | +20.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €669,083 | €594,282 | -€74,801 | -11.2% |
| Amounts payable after more than one year | 17 | €203,186 | €135,499 | -€67,687 | -33.3% |
| Financial debts | 170/4 | €203,186 | €135,499 | -€67,687 | -33.3% |
| Amounts payable within one year | 42/48 | €465,897 | €457,758 | -€8,139 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €66,001 | €67,687 | +€1,686 | +2.6% |
| Trade debts | 44 | €40,260 | €33,193 | -€7,067 | -17.6% |
| Suppliers | 440/4 | €40,260 | €33,193 | -€7,067 | -17.6% |
| Taxes, remuneration and social security | 45 | €338,583 | €356,878 | +€18,295 | +5.4% |
| Taxes | 450/3 | €150,413 | €174,719 | +€24,306 | +16.2% |
| Remuneration and social security | 454/9 | €188,170 | €182,160 | -€6,011 | -3.2% |
| Other amounts payable | 47/48 | €21,053 | €0 | -€21,053 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,025 | +€1,025 | |
| Remuneration, social security and pensions | 62 | €1,409,402 | €1,511,971 | +€102,569 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,250 | €100,967 | +€7,717 | +8.3% |
| Other operating charges | 640/8 | €67,465 | €226,985 | +€159,520 | +236% |
| Gross operating margin | 9900 | €1,670,819 | €1,917,689 | +€246,870 | +14.8% |
| Operating profit (loss) | 9901 | €100,702 | €77,766 | -€22,936 | -22.8% |
| Financial income | 75/76B | €30 | €517 | +€486 | +1,596% |
| Recurring financial income | 75 | €30 | €517 | +€486 | +1,596% |
| Financial charges | 65/66B | €6,316 | €10,680 | +€4,364 | +69.1% |
| Recurring financial charges | 65 | €6,316 | €10,680 | +€4,364 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | €94,416 | €67,602 | -€26,814 | -28.4% |
| Income taxes | 67/77 | €30,123 | €25,799 | -€4,324 | -14.4% |
| Profit (loss) for the period | 9904 | €64,293 | €41,802 | -€22,491 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,293 | €41,802 | -€22,491 | -35.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.