BREGIMA: what changed
Two fiscal 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.
BREGIMA
Largest movements
- Cash +€317,684
up €317,684 (+265.8%), from €119,519 to €437,203
mainly Other debts (+€219,608) and Net result for the year (+€204,726)
- Current investments -€148,497
down €148,497 (-27.2%), from €546,386 to €397,889
- Tangible fixed assets -€19,719
down €19,719 (-34.9%), from €56,541 to €36,822
of which Furniture and vehicles: -€17,860
- Other debts +€219,608
up €219,608 (+308.9%), from €71,095 to €290,703
- Reserves -€85,976
down €85,976 (-13.3%), from €646,340 to €560,364
of which Distributable reserves: -€85,976
- Gross operating margin +€113,427
up €113,427 (+60.6%), from €187,043 to €300,470
- Taxes +€33,246
up €33,246 (+52.3%), from €63,520 to €96,767
- Financial income -€20,802
down €20,802 (-57.0%), from €36,477 to €15,675
- Depreciation -€7,068
down €7,068 (-35.4%), from €19,956 to €12,888
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.
Cash bridge derived
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 | €767,594 | €905,184 | +€137,590 | +17.9% |
| Fixed assets | 21/28 | €56,541 | €36,822 | -€19,719 | -34.9% |
| Tangible fixed assets | 22/27 | €56,541 | €36,822 | -€19,719 | -34.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €47,125 | €29,265 | -€17,860 | -37.9% |
| Other tangible fixed assets | 26 | €9,416 | €7,557 | -€1,859 | -19.7% |
| Current assets | 29/58 | €711,053 | €868,362 | +€157,309 | +22.1% |
| Amounts receivable within one year | 40/41 | €40,021 | €31,849 | -€8,172 | -20.4% |
| Trade receivables | 40 | €35,021 | €30,855 | -€4,166 | -11.9% |
| Other amounts receivable | 41 | €5,000 | €994 | -€4,006 | -80.1% |
| Current investments | 50/53 | €546,386 | €397,889 | -€148,497 | -27.2% |
| Cash at bank and in hand | 54/58 | €119,519 | €437,203 | +€317,684 | +265.8% |
| Deferred charges and accrued income | 490/1 | €5,127 | €1,421 | -€3,706 | -72.3% |
| Total equity and liabilities | 10/49 | €767,594 | €905,184 | +€137,590 | +17.9% |
| Equity | 10/15 | €658,740 | €572,764 | -€85,976 | -13.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €646,340 | €560,364 | -€85,976 | -13.3% |
| Tax-exempt reserves | 132 | €193 | €193 | = | 0.0% |
| Distributable reserves | 133 | €646,147 | €560,171 | -€85,976 | -13.3% |
| Amounts payable | 17/49 | €108,854 | €332,420 | +€223,566 | +205.4% |
| Amounts payable within one year | 42/48 | €108,854 | €332,420 | +€223,566 | +205.4% |
| Trade debts | 44 | €3,849 | €5,260 | +€1,410 | +36.6% |
| Suppliers | 440/4 | €3,849 | €5,260 | +€1,410 | +36.6% |
| Taxes, remuneration and social security | 45 | €33,910 | €36,458 | +€2,548 | +7.5% |
| Taxes | 450/3 | €31,910 | €34,458 | +€2,548 | +8.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €71,095 | €290,703 | +€219,608 | +308.9% |
| Non-recurring operating income | 76A | - | €15,670 | +€15,670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,956 | €12,888 | -€7,068 | -35.4% |
| Other operating charges | 640/8 | €2,108 | €852 | -€1,256 | -59.6% |
| Gross operating margin | 9900 | €187,043 | €300,470 | +€113,427 | +60.6% |
| Operating profit (loss) | 9901 | €164,978 | €286,729 | +€121,751 | +73.8% |
| Financial income | 75/76B | €36,477 | €15,675 | -€20,802 | -57.0% |
| Recurring financial income | 75 | €36,477 | €15,675 | -€20,802 | -57.0% |
| Financial charges | 65/66B | €1,091 | €911 | -€180 | -16.5% |
| Recurring financial charges | 65 | €1,091 | €911 | -€180 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €200,364 | €301,493 | +€101,129 | +50.5% |
| Income taxes | 67/77 | €63,520 | €96,767 | +€33,246 | +52.3% |
| Profit (loss) for the period | 9904 | €136,844 | €204,726 | +€67,882 | +49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €136,844 | €204,726 | +€67,882 | +49.6% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.