BREMHOVE: what changed
What changed
BREMHOVE
NACE 77.221, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €29.5m-€27.8m
Equity
€298.7m
2024 · €295.2m+€3.6m
Cash
€1.7m
2024 · €1.6m+€53,825
Balance sheet total
€498.9m
2024 · €465.4m+€33.5m
Largest movements
Assets
- Financial fixed assets +€25.1m
up €25.1m (+7.4%), from €340.2m to €365.4m
of which Affiliated companies: +€24.3m
- Tangible fixed assets +€7.8m
up €7.8m (+7.2%), from €107.4m to €115.1m
of which Land and buildings: +€5.0m
Equity and liabilities
- Debts after one year +€21.4m
up €21.4m (+15.9%), from €134.6m to €156.0m
of which Financial debts: +€22.2m
- Short-term financial debts +€9.1m
up €9.1m (+36.5%), from €24.9m to €34.0m
Income statement
- Financial income -€30.1m
down €30.1m (-79.2%), from €37.9m to €7.9m
of which Financial income: -€30.1m
- Financial charges -€3.8m
down €3.8m (-35.7%), from €10.6m to €6.8m
of which Non-recurring financial charges: -€3.0m
- Turnover +€973,343
up €973,343 (+7.0%), from €14.0m to €15.0m
- Other operating income -€936,828
down €936,828 (-89.9%), from €1.0m to €105,412
- Other operating charges -€482,293
down €482,293 (-31.6%), from €1.5m to €1.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29.5m
Turnover
+€973,343
Other operating income
-€936,828
Goods and materials
-€306,605
Services and other goods
-€78,833
Staff costs
-€318,927
Depreciation
-€305,201
Other operating charges
+€482,293
Other operating items
-€958,126
Financial income
-€30.1m
Financial charges
+€3.8m
Taxes
-€13,087
Deferred taxes and other
-€1,621
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3.9m
Investment
-€36.3m
Financing
+€32.5m
Cash 2024
€1.6m
From operations (derived)
+€3.9m
Net result for the year
+€1.7m
Depreciation
+€3.5m
Receivables after one year
-€194,873
Stocks and contracts
-€656,004
Receivables within one year
-€1.0m
Deferred charges and accrued income
+€1.2m
Provisions
-€16,699
Trade debts
+€401,560
Tax, wage and social debts
-€357,299
Other debts
-€97,094
Accrued charges and deferred income
-€674,250
Investment (derived)
-€36.3m
Investment in fixed assets (net)
-€36.2m
Current investments
-€117,608
Financing
+€32.5m
Debts after one year
+€21.4m
Current portion of long-term debt
+€171,025
Short-term financial debts
+€9.1m
Contributions, distributions and other
+€1.9m
Cash 2025
€1.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,431,603 | €498,937,421 | +€33.5m | +7.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €448,155,618 | €480,839,187 | +€32.7m | +7.3% |
| Intangible fixed assets | 21 | €543,983 | €333,770 | -€210,213 | -38.6% |
| Tangible fixed assets | 22/27 | €107,392,948 | €115,145,824 | +€7.8m | +7.2% |
| Land and buildings | 22 | €75,982,082 | €81,024,732 | +€5.0m | +6.6% |
| Plant, machinery and equipment | 23 | €1,954,634 | €1,839,056 | -€115,579 | -5.9% |
| Furniture and vehicles | 24 | €2,052,511 | €1,922,385 | -€130,127 | -6.3% |
| Other tangible fixed assets | 26 | €27,403,721 | €30,359,652 | +€3.0m | +10.8% |
| Financial fixed assets | 28 | €340,218,687 | €365,359,594 | +€25.1m | +7.4% |
| Affiliated companies | 280/1 | €317,826,204 | €342,096,124 | +€24.3m | +7.6% |
| Participating interests | 280 | €176,265,544 | €208,264,307 | +€32.0m | +18.2% |
| Amounts receivable | 281 | €141,560,660 | €133,831,817 | -€7.7m | -5.5% |
| Other financial fixed assets | 284/8 | €22,392,482 | €23,263,470 | +€870,988 | +3.9% |
| Shares | 284 | €22,354,700 | €23,211,808 | +€857,108 | +3.8% |
| Amounts receivable and cash guarantees | 285/8 | €37,782 | €51,662 | +€13,880 | +36.7% |
| Current assets | 29/58 | €17,275,985 | €18,098,234 | +€822,249 | +4.8% |
| Amounts receivable after more than one year | 29 | €2,692,761 | €2,887,634 | +€194,873 | +7.2% |
| Trade receivables | 290 | - | €1,349,287 | +€1.3m | |
| Other amounts receivable | 291 | €2,692,761 | €1,538,347 | -€1.2m | -42.9% |
| Stocks and contracts in progress | 3 | €1,509,000 | €2,165,004 | +€656,004 | +43.5% |
| Stocks | 30/36 | €1,509,000 | €2,165,004 | +€656,004 | +43.5% |
| Goods purchased for resale | 34 | €1,509,000 | €2,153,104 | +€644,104 | +42.7% |
| Property held for sale | 35 | - | €11,900 | +€11,900 | |
| Amounts receivable within one year | 40/41 | €3,873,241 | €4,918,295 | +€1.0m | +27.0% |
| Trade receivables | 40 | €3,473,647 | €4,543,701 | +€1.1m | +30.8% |
| Other amounts receivable | 41 | €399,594 | €374,594 | -€25,000 | -6.3% |
| Current investments | 50/53 | €2,023,910 | €2,141,518 | +€117,608 | +5.8% |
| Other investments | 51/53 | €2,023,910 | €2,141,518 | +€117,608 | +5.8% |
| Cash at bank and in hand | 54/58 | €1,628,681 | €1,682,506 | +€53,825 | +3.3% |
| Deferred charges and accrued income | 490/1 | €5,548,393 | €4,303,277 | -€1.2m | -22.4% |
| Total equity and liabilities | 10/49 | €465,431,603 | €498,937,421 | +€33.5m | +7.2% |
| Equity | 10/15 | €295,157,993 | €298,748,189 | +€3.6m | +1.2% |
| Contributions | 10/11 | €160,603,514 | €160,603,514 | = | 0.0% |
| Capital | 10 | €160,503,500 | €160,503,500 | = | 0.0% |
| Issued capital | 100 | €160,503,500 | €160,503,500 | = | 0.0% |
| Contributions outside capital | 11 | €100,014 | €100,014 | = | 0.0% |
| Share premium | 1100/10 | €100,014 | €100,014 | = | 0.0% |
| Revaluation surpluses | 12 | €13,566,000 | €15,423,000 | +€1.9m | +13.7% |
| Reserves | 13 | €16,285,425 | €16,235,329 | -€50,096 | -0.3% |
| Non-distributable reserves | 130/1 | €16,050,350 | €16,050,350 | = | 0.0% |
| Legal reserve | 130 | €16,050,350 | €16,050,350 | = | 0.0% |
| Tax-exempt reserves | 132 | €234,458 | €184,362 | -€50,096 | -21.4% |
| Distributable reserves | 133 | €617 | €617 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,703,054 | €106,486,346 | +€1.8m | +1.7% |
| Provisions and deferred taxes | 16 | €77,923 | €61,224 | -€16,699 | -21.4% |
| Deferred taxes | 168 | €77,923 | €61,224 | -€16,699 | -21.4% |
| Amounts payable | 17/49 | €170,195,687 | €200,128,009 | +€29.9m | +17.6% |
| Amounts payable after more than one year | 17 | €134,638,413 | €156,026,792 | +€21.4m | +15.9% |
| Financial debts | 170/4 | €128,531,106 | €150,760,729 | +€22.2m | +17.3% |
| Credit institutions | 173 | €128,531,106 | €150,760,729 | +€22.2m | +17.3% |
| Other amounts payable | 178/9 | €6,107,307 | €5,266,063 | -€841,244 | -13.8% |
| Amounts payable within one year | 42/48 | €33,724,877 | €42,943,069 | +€9.2m | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €4,939,352 | €5,110,377 | +€171,025 | +3.5% |
| Financial debts | 43 | €24,900,000 | €34,000,000 | +€9.1m | +36.5% |
| Credit institutions | 430/8 | €24,900,000 | €34,000,000 | +€9.1m | +36.5% |
| Trade debts | 44 | €1,473,594 | €1,875,155 | +€401,560 | +27.3% |
| Suppliers | 440/4 | €1,473,594 | €1,875,155 | +€401,560 | +27.3% |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €781,956 | €424,657 | -€357,299 | -45.7% |
| Taxes | 450/3 | €637,955 | €220,548 | -€417,407 | -65.4% |
| Remuneration and social security | 454/9 | €144,001 | €204,109 | +€60,108 | +41.7% |
| Other amounts payable | 47/48 | €1,629,975 | €1,532,880 | -€97,094 | -6.0% |
| Accrued charges and deferred income | 492/3 | €1,832,397 | €1,158,148 | -€674,250 | -36.8% |
| Operating income | 70/76A | €19,934,604 | €17,020,601 | -€2.9m | -14.6% |
| Turnover | 70 | €13,988,156 | €14,961,499 | +€973,343 | +7.0% |
| Other operating income | 74 | €1,042,240 | €105,412 | -€936,828 | -89.9% |
| Non-recurring operating income | 76A | €4,904,208 | €1,953,690 | -€3.0m | -60.2% |
| Operating charges | 60/66A | €17,856,449 | €16,391,329 | -€1.5m | -8.2% |
| Goods for resale, raw materials and consumables | 60 | €3,465 | €310,070 | +€306,605 | +8,849% |
| Purchases | 600/8 | €927,465 | €966,074 | +€38,609 | +4.2% |
| Change in stocks: decrease (increase) | 609 | -€924,000 | -€656,004 | +€267,996 | +29.0% |
| Services and other goods | 61 | €9,527,804 | €9,606,637 | +€78,833 | +0.8% |
| Remuneration, social security and pensions | 62 | €1,581,794 | €1,900,721 | +€318,927 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,223,307 | €3,528,508 | +€305,201 | +9.5% |
| Other operating charges | 640/8 | €1,527,686 | €1,045,393 | -€482,293 | -31.6% |
| Non-recurring operating charges | 66A | €1,992,393 | - | -€2.0m | |
| Operating profit (loss) | 9901 | €2,078,155 | €629,272 | -€1.4m | -69.7% |
| Financial income | 75/76B | €37,946,473 | €7,890,343 | -€30.1m | -79.2% |
| Recurring financial income | 75 | €37,946,473 | €7,890,342 | -€30.1m | -79.2% |
| Income from financial fixed assets | 750 | €32,134,099 | €3,488,851 | -€28.6m | -89.1% |
| Income from current assets | 751 | €5,809,076 | €4,392,856 | -€1.4m | -24.4% |
| Other financial income | 752/9 | €3,297 | €8,636 | +€5,338 | +162% |
| Non-recurring financial income | 76B | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €10,572,510 | €6,803,320 | -€3.8m | -35.7% |
| Recurring financial charges | 65 | €7,572,510 | €6,803,320 | -€769,190 | -10.2% |
| Debt charges | 650 | €6,555,789 | €5,370,078 | -€1.2m | -18.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €961,131 | €1,374,808 | +€413,677 | +43.0% |
| Other financial charges | 652/9 | €55,591 | €58,434 | +€2,843 | +5.1% |
| Non-recurring financial charges | 66B | €3,000,000 | - | -€3.0m | |
| Profit (loss) for the period before taxes | 9903 | €29,452,118 | €1,716,295 | -€27.7m | -94.2% |
| Transfer from deferred taxes | 780 | €18,320 | €16,699 | -€1,621 | -8.8% |
| Income taxes | 67/77 | -€13,289 | -€202 | +€13,087 | +98.5% |
| Taxes | 670/3 | €2,151 | €1,650 | -€501 | -23.3% |
| Tax adjustments and reversals of tax provisions | 77 | €15,440 | €1,853 | -€13,588 | -88.0% |
| Profit (loss) for the period | 9904 | €29,483,727 | €1,733,196 | -€27.8m | -94.1% |
| Transfer from tax-exempt reserves | 789 | €54,960 | €50,096 | -€4,863 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,538,686 | €1,783,292 | -€27.8m | -94.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.