BRESCIANI-GEVAERT: what changed
BRESCIANI-GEVAERT
Largest movements
- Cash -€4,454
down €4,454 (-84.8%), from €5,253 to €799
mainly Net result for the year (-€8,872) and Trade debts (-€5,191)
- Tangible fixed assets -€2,705
down €2,705 (-100%), from €2,705 to €0
of which Leasing and similar rights: -€2,210
- Receivables within one year -€2,290
down €2,290 (-22.3%), from €10,288 to €7,998
of which Trade receivables: -€2,237
- Stocks and contracts +€707
up €707 (+12.1%), from €5,822 to €6,530
- Profit (loss) carried forward -€8,872
new in 2025: -€8,872
- Short-term financial debts +€6,622
new in 2025: €6,622
- Trade debts -€5,191
down €5,191 (-44.4%), from €11,690 to €6,499
- Tax, wage and social debts -€1,300
down €1,300 (-73.2%), from €1,776 to €477
- Gross operating margin -€16,063
down €16,063 (-15.9%), from €101,266 to €85,203
- Staff costs +€3,011
up €3,011 (+3.5%), from €86,871 to €89,882
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,243 | €15,502 | -€8,741 | -36.1% |
| Fixed assets | 21/28 | €2,880 | €175 | -€2,705 | -93.9% |
| Tangible fixed assets | 22/27 | €2,705 | €0 | -€2,705 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €495 | €0 | -€495 | -100% |
| Leasing and similar rights | 25 | €2,210 | - | -€2,210 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €21,363 | €15,327 | -€6,036 | -28.3% |
| Stocks and contracts in progress | 3 | €5,822 | €6,530 | +€707 | +12.1% |
| Stocks | 30/36 | €5,822 | €6,530 | +€707 | +12.1% |
| Amounts receivable within one year | 40/41 | €10,288 | €7,998 | -€2,290 | -22.3% |
| Trade receivables | 40 | €7,216 | €4,980 | -€2,237 | -31.0% |
| Other amounts receivable | 41 | €3,071 | €3,018 | -€53 | -1.7% |
| Cash at bank and in hand | 54/58 | €5,253 | €799 | -€4,454 | -84.8% |
| Total equity and liabilities | 10/49 | €24,243 | €15,502 | -€8,741 | -36.1% |
| Equity | 10/15 | €8,361 | -€511 | -€8,872 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €2,164 | €2,164 | = | 0.0% |
| Non-distributable reserves | 130/1 | €252 | €252 | = | 0.0% |
| Reserves not available under the articles | 1311 | €252 | €252 | = | 0.0% |
| Distributable reserves | 133 | €1,912 | €1,912 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,872 | -€8,872 | |
| Amounts payable | 17/49 | €15,882 | €16,013 | +€131 | +0.8% |
| Amounts payable within one year | 42/48 | €15,882 | €16,013 | +€131 | +0.8% |
| Financial debts | 43 | - | €6,622 | +€6,622 | |
| Credit institutions | 430/8 | - | €6,622 | +€6,622 | |
| Trade debts | 44 | €11,690 | €6,499 | -€5,191 | -44.4% |
| Suppliers | 440/4 | €11,690 | €6,499 | -€5,191 | -44.4% |
| Taxes, remuneration and social security | 45 | €1,776 | €477 | -€1,300 | -73.2% |
| Remuneration and social security | 454/9 | €1,776 | €477 | -€1,300 | -73.2% |
| Other amounts payable | 47/48 | €2,416 | €2,416 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €86,871 | €89,882 | +€3,011 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €2,705 | +€647 | +31.4% |
| Other operating charges | 640/8 | €621 | €634 | +€12 | +2.0% |
| Non-recurring operating charges | 66A | €147 | - | -€147 | |
| Gross operating margin | 9900 | €101,266 | €85,203 | -€16,063 | -15.9% |
| Operating profit (loss) | 9901 | €11,569 | -€8,018 | -€19,587 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €723 | €855 | +€132 | +18.2% |
| Recurring financial charges | 65 | €723 | €855 | +€132 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €10,846 | -€8,872 | -€19,718 | |
| Profit (loss) for the period | 9904 | €10,846 | -€8,872 | -€19,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,846 | -€8,872 | -€19,718 |
Next steps
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 2 November 2026 via checked.be.