BREEVAN: 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.
BREEVAN
Largest movements
- Receivables within one year +€14,688
up €14,688 (+15.4%), from €95,554 to €110,241
of which Trade receivables: +€31,504
- Cash -€13,224
no longer reported in 2025 (was €13,224)
mainly Receivables within one year (-€14,688) and Trade debts (-€12,875)
- Tangible fixed assets -€2,232
down €2,232 (-20.0%), from €11,140 to €8,908
of which Furniture and vehicles: -€1,200
- Trade debts -€12,875
down €12,875 (-72.7%), from €17,718 to €4,843
- Reserves +€4,577
up €4,577 (+6.5%), from €70,667 to €75,244
- Current portion of long-term debt +€2,908
up €2,908 (+33.5%), from €8,692 to €11,599
- Debts after one year +€2,568
up €2,568 (+49.0%), from €5,244 to €7,812
- Short-term financial debts +€2,501
new in 2025: €2,501
- Gross operating margin +€5,782
up €5,782 (+134%), from €4,329 to €10,111
- Taxes +€1,821
up €1,821 (+310%), from €587 to €2,408
- Financial income +€461
up €461 (+5,930%), from €8 to €469
- Depreciation +€353
up €353 (+18.8%), from €1,879 to €2,232
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 | €119,918 | €119,150 | -€768 | -0.6% |
| Fixed assets | 21/28 | €11,140 | €8,908 | -€2,232 | -20.0% |
| Tangible fixed assets | 22/27 | €11,140 | €8,908 | -€2,232 | -20.0% |
| Plant, machinery and equipment | 23 | €9,640 | €8,608 | -€1,032 | -10.7% |
| Furniture and vehicles | 24 | €1,500 | €300 | -€1,200 | -80.0% |
| Current assets | 29/58 | €108,778 | €110,241 | +€1,464 | +1.3% |
| Amounts receivable within one year | 40/41 | €95,554 | €110,241 | +€14,688 | +15.4% |
| Trade receivables | 40 | €15,338 | €46,842 | +€31,504 | +205% |
| Other amounts receivable | 41 | €80,216 | €63,399 | -€16,817 | -21.0% |
| Cash at bank and in hand | 54/58 | €13,224 | - | -€13,224 | |
| Total equity and liabilities | 10/49 | €119,918 | €119,150 | -€768 | -0.6% |
| Equity | 10/15 | €75,667 | €80,244 | +€4,577 | +6.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,667 | €75,244 | +€4,577 | +6.5% |
| Distributable reserves | 133 | €70,667 | €75,244 | +€4,577 | +6.5% |
| Amounts payable | 17/49 | €44,251 | €38,906 | -€5,346 | -12.1% |
| Amounts payable after more than one year | 17 | €5,244 | €7,812 | +€2,568 | +49.0% |
| Financial debts | 170/4 | €5,244 | €7,812 | +€2,568 | +49.0% |
| Amounts payable within one year | 42/48 | €39,007 | €31,094 | -€7,913 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €8,692 | €11,599 | +€2,908 | +33.5% |
| Financial debts | 43 | - | €2,501 | +€2,501 | |
| Credit institutions | 430/8 | - | €2,501 | +€2,501 | |
| Trade debts | 44 | €17,718 | €4,843 | -€12,875 | -72.7% |
| Suppliers | 440/4 | €17,718 | €4,843 | -€12,875 | -72.7% |
| Taxes, remuneration and social security | 45 | €12,598 | €12,150 | -€448 | -3.6% |
| Taxes | 450/3 | €12,598 | €12,150 | -€448 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €2,232 | +€353 | +18.8% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Gross operating margin | 9900 | €4,329 | €10,111 | +€5,782 | +134% |
| Operating profit (loss) | 9901 | €2,450 | €7,816 | +€5,366 | +219% |
| Financial income | 75/76B | €8 | €469 | +€461 | +5,930% |
| Recurring financial income | 75 | €8 | €469 | +€461 | +5,930% |
| Financial charges | 65/66B | €1,353 | €1,299 | -€54 | -4.0% |
| Recurring financial charges | 65 | €1,353 | €1,299 | -€54 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,105 | €6,986 | +€5,881 | +532% |
| Income taxes | 67/77 | €587 | €2,408 | +€1,821 | +310% |
| Profit (loss) for the period | 9904 | €517 | €4,577 | +€4,060 | +785% |
| Profit (loss) for the period to be appropriated | 9905 | €517 | €4,577 | +€4,060 | +785% |
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.