Breetec Valve Services: 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.
Breetec Valve Services
Largest movements
- Receivables within one year +€311,958
up €311,958 (+104%), from €299,304 to €611,262
of which Trade receivables: +€274,027
- Cash -€86,307
down €86,307 (-57.0%), from €151,424 to €65,116
mainly Receivables within one year (-€311,958) and Other debts (-€38,728)
- Trade debts +€242,912
up €242,912 (+205%), from €118,715 to €361,627
- Other debts -€38,728
down €38,728 (-96.3%), from €40,228 to €1,500
- Reserves +€32,666
up €32,666 (+11.9%), from €274,704 to €307,370
- Advances received -€7,104
down €7,104 (-98.1%), from €7,239 to €135
- Gross operating margin -€69,888
down €69,888 (-56.2%), from €124,294 to €54,405
- Taxes -€17,760
down €17,760 (-61.3%), from €28,985 to €11,225
- Financial charges +€1,289
up €1,289 (+38.3%), from €3,366 to €4,655
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 | €459,486 | €690,612 | +€231,126 | +50.3% |
| Fixed assets | 21/28 | €8,261 | €13,285 | +€5,025 | +60.8% |
| Intangible fixed assets | 21 | €6,665 | €13,285 | +€6,620 | +99.3% |
| Tangible fixed assets | 22/27 | €1,596 | €0 | -€1,596 | -100% |
| Plant, machinery and equipment | 23 | €1,596 | €0 | -€1,596 | -100% |
| Current assets | 29/58 | €451,225 | €677,327 | +€226,102 | +50.1% |
| Amounts receivable within one year | 40/41 | €299,304 | €611,262 | +€311,958 | +104% |
| Trade receivables | 40 | €256,389 | €530,415 | +€274,027 | +107% |
| Other amounts receivable | 41 | €42,915 | €80,847 | +€37,931 | +88.4% |
| Cash at bank and in hand | 54/58 | €151,424 | €65,116 | -€86,307 | -57.0% |
| Deferred charges and accrued income | 490/1 | €498 | €949 | +€451 | +90.7% |
| Total equity and liabilities | 10/49 | €459,486 | €690,612 | +€231,126 | +50.3% |
| Equity | 10/15 | €293,304 | €325,970 | +€32,666 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €274,704 | €307,370 | +€32,666 | +11.9% |
| Distributable reserves | 133 | €274,704 | €307,370 | +€32,666 | +11.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €166,182 | €364,642 | +€198,460 | +119% |
| Amounts payable within one year | 42/48 | €166,182 | €364,241 | +€198,059 | +119% |
| Trade debts | 44 | €118,715 | €361,627 | +€242,912 | +205% |
| Suppliers | 440/4 | €118,715 | €361,627 | +€242,912 | +205% |
| Advances received on contracts in progress | 46 | €7,239 | €135 | -€7,104 | -98.1% |
| Taxes, remuneration and social security | 45 | - | €979 | +€979 | |
| Taxes | 450/3 | - | €979 | +€979 | |
| Other amounts payable | 47/48 | €40,228 | €1,500 | -€38,728 | -96.3% |
| Accrued charges and deferred income | 492/3 | - | €401 | +€401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,581 | €4,995 | +€415 | +9.1% |
| Other operating charges | 640/8 | €449 | €863 | +€414 | +92.1% |
| Gross operating margin | 9900 | €124,294 | €54,405 | -€69,888 | -56.2% |
| Operating profit (loss) | 9901 | €119,264 | €48,547 | -€70,717 | -59.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,366 | €4,655 | +€1,289 | +38.3% |
| Recurring financial charges | 65 | €3,366 | €4,655 | +€1,289 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | €115,898 | €43,892 | -€72,006 | -62.1% |
| Income taxes | 67/77 | €28,985 | €11,225 | -€17,760 | -61.3% |
| Profit (loss) for the period | 9904 | €86,913 | €32,666 | -€54,246 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,913 | €32,666 | -€54,246 | -62.4% |
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 16 October 2026 via checked.be.