BRENCON: 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.
BRENCON
Largest movements
- Stocks and contracts -€221,378
down €221,378 (-48.1%), from €460,079 to €238,702
- Cash +€152,174
up €152,174 (+1654.8%), from €9,196 to €161,371
mainly Stocks and contracts (+€221,378) and Other debts (+€191,844)
- Other debts +€191,844
up €191,844 (+105.7%), from €181,466 to €373,310
- Debts after one year -€188,000
down €188,000 (-100.0%), from €188,000 to €0
- Reserves -€89,070
down €89,070 (-100.0%), from €89,070 to €0
- Trade debts +€9,691
up €9,691 (+2436.6%), from €398 to €10,088
- Tax, wage and social debts +€5,542
up €5,542 (+52.8%), from €10,501 to €16,043
- Gross operating margin +€46,677
up €46,677 (+46.6%), from €100,222 to €146,900
- Taxes +€25,542
up €25,542 (+243.2%), from €10,501 to €36,043
- Financial charges -€4,061
down €4,061 (-33.1%), from €12,257 to €8,197
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 | €474,434 | €404,441 | -€69,993 | -14.8% |
| Fixed assets | 21/28 | €250 | €0 | -€250 | -100.0% |
| Financial fixed assets | 28 | €250 | €0 | -€250 | -100.0% |
| Current assets | 29/58 | €474,184 | €404,441 | -€69,743 | -14.7% |
| Stocks and contracts in progress | 3 | €460,079 | €238,702 | -€221,378 | -48.1% |
| Stocks | 30/36 | €460,079 | €238,702 | -€221,378 | -48.1% |
| Amounts receivable within one year | 40/41 | €1,022 | €1,207 | +€185 | +18.2% |
| Trade receivables | 40 | €401 | €0 | -€401 | -100.0% |
| Other amounts receivable | 41 | €620 | €1,207 | +€587 | +94.6% |
| Cash at bank and in hand | 54/58 | €9,196 | €161,371 | +€152,174 | +1654.8% |
| Deferred charges and accrued income | 490/1 | €3,887 | €3,162 | -€725 | -18.7% |
| Total equity and liabilities | 10/49 | €474,434 | €404,441 | -€69,993 | -14.8% |
| Equity | 10/15 | €94,070 | €5,000 | -€89,070 | -94.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €89,070 | €0 | -€89,070 | -100.0% |
| Distributable reserves | 133 | €89,070 | €0 | -€89,070 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €380,364 | €399,441 | +€19,077 | +5.0% |
| Amounts payable after more than one year | 17 | €188,000 | €0 | -€188,000 | -100.0% |
| Financial debts | 170/4 | €188,000 | €0 | -€188,000 | -100.0% |
| Amounts payable within one year | 42/48 | €192,364 | €399,441 | +€207,077 | +107.6% |
| Trade debts | 44 | €398 | €10,088 | +€9,691 | +2436.6% |
| Suppliers | 440/4 | €398 | €10,088 | +€9,691 | +2436.6% |
| Taxes, remuneration and social security | 45 | €10,501 | €16,043 | +€5,542 | +52.8% |
| Taxes | 450/3 | €10,501 | €16,043 | +€5,542 | +52.8% |
| Other amounts payable | 47/48 | €181,466 | €373,310 | +€191,844 | +105.7% |
| Other operating charges | 640/8 | €770 | €696 | -€74 | -9.6% |
| Gross operating margin | 9900 | €100,222 | €146,900 | +€46,677 | +46.6% |
| Operating profit (loss) | 9901 | €99,452 | €146,203 | +€46,752 | +47.0% |
| Financial income | 75/76B | €1,413 | €131 | -€1,281 | -90.7% |
| Recurring financial income | 75 | €1,413 | €131 | -€1,281 | -90.7% |
| Financial charges | 65/66B | €12,257 | €8,197 | -€4,061 | -33.1% |
| Recurring financial charges | 65 | €12,257 | €8,197 | -€4,061 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €88,607 | €138,138 | +€49,531 | +55.9% |
| Income taxes | 67/77 | €10,501 | €36,043 | +€25,542 | +243.2% |
| Profit (loss) for the period | 9904 | €78,106 | €102,095 | +€23,989 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €78,106 | €102,095 | +€23,989 | +30.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.