BREHAT: 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.
BREHAT
Largest movements
- Tangible fixed assets -€82,968
down €82,968 (-4.8%), from €1.7m to €1.7m
- Debts after one year -€101,426
down €101,426 (-5.5%), from €1.9m to €1.7m
- Gross operating margin -€9,810
down €9,810 (-6.9%), from €141,758 to €131,947
- Depreciation -€8,528
down €8,528 (-9.2%), from €93,139 to €84,611
- Financial charges -€3,963
down €3,963 (-10.1%), from €39,215 to €35,252
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 | €1,737,837 | €1,654,596 | -€83,242 | -4.8% |
| Fixed assets | 21/28 | €1,735,330 | €1,652,362 | -€82,968 | -4.8% |
| Tangible fixed assets | 22/27 | €1,735,330 | €1,652,362 | -€82,968 | -4.8% |
| Land and buildings | 22 | €1,735,330 | €1,652,362 | -€82,968 | -4.8% |
| Current assets | 29/58 | €2,507 | €2,234 | -€274 | -10.9% |
| Amounts receivable within one year | 40/41 | €340 | €340 | = | 0.0% |
| Other amounts receivable | 41 | €340 | €340 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €849 | €587 | -€262 | -30.9% |
| Deferred charges and accrued income | 490/1 | €1,319 | €1,307 | -€12 | -0.9% |
| Total equity and liabilities | 10/49 | €1,737,837 | €1,654,596 | -€83,242 | -4.8% |
| Equity | 10/15 | -€316,399 | -€314,241 | +€2,158 | +0.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€336,399 | -€334,241 | +€2,158 | +0.6% |
| Amounts payable | 17/49 | €2,054,236 | €1,968,837 | -€85,400 | -4.2% |
| Amounts payable after more than one year | 17 | €1,850,282 | €1,748,857 | -€101,426 | -5.5% |
| Financial debts | 170/4 | €1,850,282 | €1,748,857 | -€101,426 | -5.5% |
| Amounts payable within one year | 42/48 | €203,164 | €217,271 | +€14,107 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €103,624 | €109,800 | +€6,177 | +6.0% |
| Trade debts | 44 | €2,599 | €7,229 | +€4,630 | +178.2% |
| Suppliers | 440/4 | €2,599 | €7,229 | +€4,630 | +178.2% |
| Other amounts payable | 47/48 | €96,941 | €100,241 | +€3,300 | +3.4% |
| Accrued charges and deferred income | 492/3 | €790 | €2,709 | +€1,919 | +242.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,139 | €84,611 | -€8,528 | -9.2% |
| Other operating charges | 640/8 | €9,363 | €9,927 | +€563 | +6.0% |
| Gross operating margin | 9900 | €141,758 | €131,947 | -€9,810 | -6.9% |
| Operating profit (loss) | 9901 | €39,255 | €37,410 | -€1,845 | -4.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €39,215 | €35,252 | -€3,963 | -10.1% |
| Recurring financial charges | 65 | €39,215 | €35,252 | -€3,963 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €40 | €2,158 | +€2,118 | +5328.9% |
| Profit (loss) for the period | 9904 | €40 | €2,158 | +€2,118 | +5328.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40 | €2,158 | +€2,118 | +5328.9% |
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 29 September 2026 via checked.be.