BRELA-BEUKEN: 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.
BRELA-BEUKEN
Largest movements
- Current investments +€45,000
up €45,000 (+60.0%), from €75,000 to €120,000
- Cash -€31,841
down €31,841 (-24.0%), from €132,750 to €100,908
mainly Investment in fixed assets (net) (-€51,399) and Current investments (-€45,000)
- Tangible fixed assets +€8,679
up €8,679 (+3.5%), from €248,074 to €256,753
of which Furniture and vehicles: +€35,618
- Other debts +€27,360
up €27,360 (+23.6%), from €116,001 to €143,361
- Debts after one year -€25,385
down €25,385 (-37.0%), from €68,653 to €43,267
- Reserves +€16,000
up €16,000 (+7.9%), from €202,391 to €218,391
of which Distributable reserves: +€16,000
- Tax, wage and social debts +€6,563
up €6,563 (+16.2%), from €40,621 to €47,185
of which Remuneration and social security: +€4,086
- Staff costs +€18,215
up €18,215 (+14.7%), from €123,492 to €141,707
- Gross operating margin +€7,291
up €7,291 (+3.0%), from €241,180 to €248,471
- Taxes -€6,667
down €6,667 (-29.7%), from €22,456 to €15,789
- Depreciation +€2,801
up €2,801 (+7.0%), from €40,179 to €42,980
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 | €474,804 | €497,281 | +€22,477 | +4.7% |
| Fixed assets | 21/28 | €249,737 | €258,156 | +€8,419 | +3.4% |
| Intangible fixed assets | 21 | €1,663 | €1,403 | -€260 | -15.6% |
| Tangible fixed assets | 22/27 | €248,074 | €256,753 | +€8,679 | +3.5% |
| Plant, machinery and equipment | 23 | €8,692 | €10,040 | +€1,348 | +15.5% |
| Furniture and vehicles | 24 | €5,461 | €41,079 | +€35,618 | +652% |
| Other tangible fixed assets | 26 | €233,921 | €205,635 | -€28,286 | -12.1% |
| Current assets | 29/58 | €225,067 | €239,125 | +€14,058 | +6.2% |
| Stocks and contracts in progress | 3 | €15,235 | €11,352 | -€3,883 | -25.5% |
| Stocks | 30/36 | €15,235 | €11,352 | -€3,883 | -25.5% |
| Amounts receivable within one year | 40/41 | €419 | €4,841 | +€4,422 | +1,056% |
| Trade receivables | 40 | €419 | €1,864 | +€1,445 | +345% |
| Other amounts receivable | 41 | - | €2,977 | +€2,977 | |
| Current investments | 50/53 | €75,000 | €120,000 | +€45,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €132,750 | €100,908 | -€31,841 | -24.0% |
| Deferred charges and accrued income | 490/1 | €1,663 | €2,024 | +€361 | +21.7% |
| Total equity and liabilities | 10/49 | €474,804 | €497,281 | +€22,477 | +4.7% |
| Equity | 10/15 | €212,430 | €228,442 | +€16,012 | +7.5% |
| Contributions | 10/11 | €8,428 | €8,428 | = | 0.0% |
| Reserves | 13 | €202,391 | €218,391 | +€16,000 | +7.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €202,391 | €218,391 | +€16,000 | +7.9% |
| Profit (loss) carried forward | 14 | €1,611 | €1,623 | +€12 | +0.7% |
| Amounts payable | 17/49 | €262,373 | €268,839 | +€6,465 | +2.5% |
| Amounts payable after more than one year | 17 | €68,653 | €43,267 | -€25,385 | -37.0% |
| Financial debts | 170/4 | €68,653 | €43,267 | -€25,385 | -37.0% |
| Amounts payable within one year | 42/48 | €193,721 | €225,572 | +€31,851 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €24,963 | €25,385 | +€423 | +1.7% |
| Trade debts | 44 | €12,135 | €9,640 | -€2,495 | -20.6% |
| Suppliers | 440/4 | €12,135 | €9,640 | -€2,495 | -20.6% |
| Taxes, remuneration and social security | 45 | €40,621 | €47,185 | +€6,563 | +16.2% |
| Taxes | 450/3 | €24,456 | €26,933 | +€2,478 | +10.1% |
| Remuneration and social security | 454/9 | €16,166 | €20,252 | +€4,086 | +25.3% |
| Other amounts payable | 47/48 | €116,001 | €143,361 | +€27,360 | +23.6% |
| Remuneration, social security and pensions | 62 | €123,492 | €141,707 | +€18,215 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,179 | €42,980 | +€2,801 | +7.0% |
| Other operating charges | 640/8 | €2,666 | €2,677 | +€11 | +0.4% |
| Gross operating margin | 9900 | €241,180 | €248,471 | +€7,291 | +3.0% |
| Operating profit (loss) | 9901 | €74,843 | €61,106 | -€13,737 | -18.4% |
| Financial income | 75/76B | €2,385 | €4,274 | +€1,889 | +79.2% |
| Recurring financial income | 75 | €2,385 | €4,274 | +€1,889 | +79.2% |
| Financial charges | 65/66B | €10,137 | €9,580 | -€558 | -5.5% |
| Recurring financial charges | 65 | €10,137 | €9,580 | -€558 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €67,091 | €55,801 | -€11,290 | -16.8% |
| Income taxes | 67/77 | €22,456 | €15,789 | -€6,667 | -29.7% |
| Profit (loss) for the period | 9904 | €44,635 | €40,012 | -€4,623 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,635 | €40,012 | -€4,623 | -10.4% |
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 21 October 2026 via checked.be.