BREMMA: 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.
BREMMA
Largest movements
- Cash -€89,439
down €89,439 (-95.2%), from €93,912 to €4,474
mainly Investment in fixed assets (net) (-€115,567) and Net result for the year (-€34,089)
- Tangible fixed assets +€72,492
up €72,492 (+6.1%), from €1.2m to €1.3m
of which Land and buildings: +€76,862
- Debts after one year +€56,131
up €56,131 (+10.4%), from €538,416 to €594,547
of which Financial debts: +€56,393
- Profit (loss) carried forward -€26,714
down €26,714 (-360%), from -€7,429 to -€34,143
- Tax, wage and social debts -€17,959
down €17,959 (-80.0%), from €22,441 to €4,482
of which Taxes: -€16,921
- Trade debts -€13,460
down €13,460 (-89.8%), from €14,985 to €1,524
- Financial income -€34,357
down €34,357 (-97.6%), from €35,214 to €857
- Gross operating margin +€8,334
up €8,334 (+29.4%), from €28,368 to €36,701
- Depreciation +€4,163
up €4,163 (+10.7%), from €38,912 to €43,074
- Other operating charges +€4,151
up €4,151 (+182%), from €2,283 to €6,434
- Financial charges +€3,068
up €3,068 (+15.1%), from €20,306 to €23,375
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 | €1,305,313 | €1,290,043 | -€15,271 | -1.2% |
| Fixed assets | 21/28 | €1,181,114 | €1,253,606 | +€72,492 | +6.1% |
| Tangible fixed assets | 22/27 | €1,181,114 | €1,253,606 | +€72,492 | +6.1% |
| Land and buildings | 22 | €1,172,911 | €1,249,773 | +€76,862 | +6.6% |
| Plant, machinery and equipment | 23 | €71 | €0 | -€71 | -100% |
| Furniture and vehicles | 24 | €8,132 | €3,833 | -€4,298 | -52.9% |
| Current assets | 29/58 | €124,200 | €36,437 | -€87,763 | -70.7% |
| Amounts receivable within one year | 40/41 | €26,500 | €29,232 | +€2,732 | +10.3% |
| Trade receivables | 40 | €12,500 | €15,232 | +€2,732 | +21.9% |
| Other amounts receivable | 41 | €14,000 | €14,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,912 | €4,474 | -€89,439 | -95.2% |
| Deferred charges and accrued income | 490/1 | €3,788 | €2,731 | -€1,056 | -27.9% |
| Total equity and liabilities | 10/49 | €1,305,313 | €1,290,043 | -€15,271 | -1.2% |
| Equity | 10/15 | €635,121 | €601,032 | -€34,089 | -5.4% |
| Contributions | 10/11 | €12,896 | €12,896 | = | 0.0% |
| Reserves | 13 | €629,654 | €622,279 | -€7,375 | -1.2% |
| Tax-exempt reserves | 132 | €234,060 | €226,685 | -€7,375 | -3.2% |
| Distributable reserves | 133 | €395,594 | €395,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,429 | -€34,143 | -€26,714 | -360% |
| Provisions and deferred taxes | 16 | €57,429 | €55,585 | -€1,844 | -3.2% |
| Deferred taxes | 168 | €57,429 | €55,585 | -€1,844 | -3.2% |
| Amounts payable | 17/49 | €612,763 | €633,425 | +€20,662 | +3.4% |
| Amounts payable after more than one year | 17 | €538,416 | €594,547 | +€56,131 | +10.4% |
| Financial debts | 170/4 | €534,634 | €591,027 | +€56,393 | +10.5% |
| Other amounts payable | 178/9 | €3,782 | €3,520 | -€262 | -6.9% |
| Amounts payable within one year | 42/48 | €68,260 | €38,878 | -€29,382 | -43.0% |
| Current portion of amounts payable after more than one year | 42 | €30,834 | €32,871 | +€2,037 | +6.6% |
| Trade debts | 44 | €14,985 | €1,524 | -€13,460 | -89.8% |
| Suppliers | 440/4 | €14,985 | €1,524 | -€13,460 | -89.8% |
| Taxes, remuneration and social security | 45 | €22,441 | €4,482 | -€17,959 | -80.0% |
| Taxes | 450/3 | €20,075 | €3,155 | -€16,921 | -84.3% |
| Remuneration and social security | 454/9 | €2,366 | €1,328 | -€1,038 | -43.9% |
| Accrued charges and deferred income | 492/3 | €6,086 | €0 | -€6,086 | -100% |
| Non-recurring operating income | 76A | - | €6,800 | +€6,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,912 | €43,074 | +€4,163 | +10.7% |
| Other operating charges | 640/8 | €2,283 | €6,434 | +€4,151 | +182% |
| Gross operating margin | 9900 | €28,368 | €36,701 | +€8,334 | +29.4% |
| Operating profit (loss) | 9901 | -€12,827 | -€12,807 | +€20 | +0.2% |
| Financial income | 75/76B | €35,214 | €857 | -€34,357 | -97.6% |
| Recurring financial income | 75 | €35,214 | €857 | -€34,357 | -97.6% |
| Financial charges | 65/66B | €20,306 | €23,375 | +€3,068 | +15.1% |
| Recurring financial charges | 65 | €20,306 | €23,375 | +€3,068 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €2,080 | -€35,325 | -€37,405 | |
| Transfer from deferred taxes | 780 | €1,844 | €1,844 | = | 0.0% |
| Income taxes | 67/77 | €566 | €608 | +€42 | +7.4% |
| Profit (loss) for the period | 9904 | €3,358 | -€34,089 | -€37,447 | |
| Transfer from tax-exempt reserves | 789 | €7,375 | €7,375 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,733 | -€26,714 | -€37,447 |
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 23 October 2026 via checked.be.