BRENNTRANS: 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.
BRENNTRANS
Largest movements
- Receivables within one year +€110,985
up €110,985 (+68.3%), from €162,520 to €273,505
of which Trade receivables: +€68,908
- Cash +€38,301
up €38,301 (+185.4%), from €20,656 to €58,957
mainly Net result for the year (+€118,630) and Depreciation (+€53,107)
- Reserves +€118,630
up €118,630 (+67.5%), from €175,830 to €294,460
- Debts after one year -€29,760
down €29,760 (-9.4%), from €317,349 to €287,589
- Tax, wage and social debts +€28,410
up €28,410 (+203.2%), from €13,984 to €42,393
- Other debts +€25,088
up €25,088 (+14.9%), from €168,052 to €193,140
- Trade debts +€12,869
up €12,869 (+34.6%), from €37,221 to €50,090
- Gross operating margin +€85,991
up €85,991 (+52.8%), from €162,723 to €248,714
- Taxes +€22,159
up €22,159 (+171.2%), from €12,941 to €35,100
- Write-downs -€14,312
no longer reported in 2025 (was €14,312)
- Depreciation -€7,372
down €7,372 (-12.2%), from €60,479 to €53,107
- Other operating charges +€3,829
up €3,829 (+18.6%), from €20,643 to €24,473
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 | €763,527 | €917,747 | +€154,220 | +20.2% |
| Fixed assets | 21/28 | €527,214 | €524,690 | -€2,523 | -0.5% |
| Tangible fixed assets | 22/27 | €527,214 | €524,190 | -€3,023 | -0.6% |
| Land and buildings | 22 | €405,093 | €382,593 | -€22,500 | -5.6% |
| Plant, machinery and equipment | 23 | €47,981 | €41,091 | -€6,890 | -14.4% |
| Furniture and vehicles | 24 | €74,139 | €100,506 | +€26,366 | +35.6% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €236,313 | €393,057 | +€156,743 | +66.3% |
| Stocks and contracts in progress | 3 | €40,340 | €45,000 | +€4,660 | +11.6% |
| Stocks | 30/36 | €40,340 | €45,000 | +€4,660 | +11.6% |
| Amounts receivable within one year | 40/41 | €162,520 | €273,505 | +€110,985 | +68.3% |
| Trade receivables | 40 | €157,960 | €226,869 | +€68,908 | +43.6% |
| Other amounts receivable | 41 | €4,559 | €46,637 | +€42,077 | +922.9% |
| Cash at bank and in hand | 54/58 | €20,656 | €58,957 | +€38,301 | +185.4% |
| Deferred charges and accrued income | 490/1 | €12,797 | €15,594 | +€2,797 | +21.9% |
| Total equity and liabilities | 10/49 | €763,527 | €917,747 | +€154,220 | +20.2% |
| Equity | 10/15 | €194,430 | €313,060 | +€118,630 | +61.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,830 | €294,460 | +€118,630 | +67.5% |
| Distributable reserves | 133 | €175,830 | €294,460 | +€118,630 | +67.5% |
| Amounts payable | 17/49 | €569,097 | €604,687 | +€35,590 | +6.3% |
| Amounts payable after more than one year | 17 | €317,349 | €287,589 | -€29,760 | -9.4% |
| Financial debts | 170/4 | €317,349 | €287,589 | -€29,760 | -9.4% |
| Amounts payable within one year | 42/48 | €248,601 | €316,595 | +€67,994 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €29,343 | €29,760 | +€417 | +1.4% |
| Trade debts | 44 | €37,221 | €50,090 | +€12,869 | +34.6% |
| Suppliers | 440/4 | €37,221 | €50,090 | +€12,869 | +34.6% |
| Advances received on contracts in progress | 46 | - | €1,210 | +€1,210 | |
| Taxes, remuneration and social security | 45 | €13,984 | €42,393 | +€28,410 | +203.2% |
| Taxes | 450/3 | €13,984 | €42,393 | +€28,410 | +203.2% |
| Other amounts payable | 47/48 | €168,052 | €193,140 | +€25,088 | +14.9% |
| Accrued charges and deferred income | 492/3 | €3,147 | €504 | -€2,643 | -84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,479 | €53,107 | -€7,372 | -12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,312 | - | -€14,312 | |
| Other operating charges | 640/8 | €20,643 | €24,473 | +€3,829 | +18.6% |
| Non-recurring operating charges | 66A | - | €14,612 | +€14,612 | |
| Gross operating margin | 9900 | €162,723 | €248,714 | +€85,991 | +52.8% |
| Operating profit (loss) | 9901 | €67,289 | €156,523 | +€89,234 | +132.6% |
| Financial income | 75/76B | €446 | €3,333 | +€2,887 | +647.5% |
| Recurring financial income | 75 | €446 | €931 | +€485 | +108.8% |
| Non-recurring financial income | 76B | - | €2,402 | +€2,402 | |
| Financial charges | 65/66B | €5,821 | €6,127 | +€306 | +5.3% |
| Recurring financial charges | 65 | €5,821 | €5,764 | -€57 | -1.0% |
| Non-recurring financial charges | 66B | - | €363 | +€363 | |
| Profit (loss) for the period before taxes | 9903 | €61,914 | €153,729 | +€91,815 | +148.3% |
| Income taxes | 67/77 | €12,941 | €35,100 | +€22,159 | +171.2% |
| Profit (loss) for the period | 9904 | €48,973 | €118,630 | +€69,656 | +142.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,973 | €118,630 | +€69,656 | +142.2% |
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 10 October 2026 via checked.be.