Brenton: 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.
Brenton
Largest movements
- Tangible fixed assets -€16,142
down €16,142 (-4.7%), from €340,999 to €324,856
of which Land and buildings: -€15,898
- Cash +€15,746
up €15,746 (+37.9%), from €41,598 to €57,344
mainly Depreciation (+€16,142) and Net result for the year (+€8,630)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€14,059
up €14,059 (+52.6%), from €26,753 to €40,812
- Financial income -€756
down €756 (-81.8%), from €925 to €169
- Taxes +€706
new in 2025: €706
- Depreciation -€491
down €491 (-3.0%), from €16,634 to €16,142
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 | €395,129 | €397,952 | +€2,823 | +0.7% |
| Fixed assets | 21/28 | €340,999 | €324,856 | -€16,142 | -4.7% |
| Tangible fixed assets | 22/27 | €340,999 | €324,856 | -€16,142 | -4.7% |
| Land and buildings | 22 | €339,240 | €323,342 | -€15,898 | -4.7% |
| Plant, machinery and equipment | 23 | €1,759 | €1,514 | -€244 | -13.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €54,130 | €73,096 | +€18,966 | +35.0% |
| Amounts receivable within one year | 40/41 | €12,022 | €15,752 | +€3,730 | +31.0% |
| Other amounts receivable | 41 | €12,022 | €15,752 | +€3,730 | +31.0% |
| Cash at bank and in hand | 54/58 | €41,598 | €57,344 | +€15,746 | +37.9% |
| Deferred charges and accrued income | 490/1 | €510 | €0 | -€510 | -100.0% |
| Total equity and liabilities | 10/49 | €395,129 | €397,952 | +€2,823 | +0.7% |
| Equity | 10/15 | €164,056 | €162,687 | -€1,370 | -0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €102,056 | €100,687 | -€1,370 | -1.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €95,856 | €94,487 | -€1,370 | -1.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €231,072 | €235,265 | +€4,193 | +1.8% |
| Amounts payable after more than one year | 17 | €207,000 | €207,000 | = | 0.0% |
| Financial debts | 170/4 | €207,000 | €207,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,422 | €27,655 | +€4,233 | +18.1% |
| Trade debts | 44 | €202 | €400 | +€198 | +97.8% |
| Suppliers | 440/4 | €202 | €400 | +€198 | +97.8% |
| Taxes, remuneration and social security | 45 | €0 | €206 | +€206 | |
| Taxes | 450/3 | €0 | €206 | +€206 | |
| Other amounts payable | 47/48 | €23,220 | €27,050 | +€3,829 | +16.5% |
| Accrued charges and deferred income | 492/3 | €650 | €610 | -€40 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,634 | €16,142 | -€491 | -3.0% |
| Other operating charges | 640/8 | €5,259 | €5,413 | +€155 | +2.9% |
| Gross operating margin | 9900 | €26,753 | €40,812 | +€14,059 | +52.6% |
| Operating profit (loss) | 9901 | €4,861 | €19,257 | +€14,396 | +296.2% |
| Financial income | 75/76B | €925 | €169 | -€756 | -81.8% |
| Recurring financial income | 75 | €925 | €169 | -€756 | -81.8% |
| Financial charges | 65/66B | €10,098 | €10,089 | -€10 | -0.1% |
| Recurring financial charges | 65 | €10,098 | €10,089 | -€10 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,312 | €9,336 | +€13,649 | |
| Income taxes | 67/77 | - | €706 | +€706 | |
| Profit (loss) for the period | 9904 | -€4,312 | €8,630 | +€12,943 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,312 | €8,630 | +€12,943 |
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 9 October 2026 via checked.be.