BRESSA: 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.
BRESSA
Largest movements
- Tangible fixed assets -€42,593
down €42,593 (-11.4%), from €373,904 to €331,311
of which Land and buildings: -€34,402
- Cash +€14,749
up €14,749 (+102%), from €14,490 to €29,239
mainly Depreciation (+€46,006) and Net result for the year (+€26,540)
- Receivables within one year +€8,048
up €8,048 (+35.8%), from €22,508 to €30,556
of which Trade receivables: +€6,748
- Debts after one year -€37,537
down €37,537 (-15.8%), from €237,459 to €199,922
- Profit (loss) carried forward +€8,540
up €8,540 (+7.0%), from €121,230 to €129,770
- Other debts +€8,337
up €8,337 (+2,899%), from €288 to €8,625
- Gross operating margin -€8,017
down €8,017 (-8.4%), from €95,076 to €87,059
- Taxes -€1,388
down €1,388 (-16.2%), from €8,557 to €7,169
- Financial charges -€1,092
down €1,092 (-22.8%), from €4,784 to €3,692
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 | €414,172 | €394,767 | -€19,405 | -4.7% |
| Fixed assets | 21/28 | €373,904 | €331,311 | -€42,593 | -11.4% |
| Tangible fixed assets | 22/27 | €373,904 | €331,311 | -€42,593 | -11.4% |
| Land and buildings | 22 | €348,361 | €313,959 | -€34,402 | -9.9% |
| Furniture and vehicles | 24 | €959 | €1,786 | +€827 | +86.3% |
| Leasing and similar rights | 25 | €24,584 | €15,566 | -€9,018 | -36.7% |
| Current assets | 29/58 | €40,268 | €63,456 | +€23,188 | +57.6% |
| Amounts receivable within one year | 40/41 | €22,508 | €30,556 | +€8,048 | +35.8% |
| Trade receivables | 40 | €20,977 | €27,725 | +€6,748 | +32.2% |
| Other amounts receivable | 41 | €1,531 | €2,831 | +€1,300 | +84.9% |
| Cash at bank and in hand | 54/58 | €14,490 | €29,239 | +€14,749 | +102% |
| Deferred charges and accrued income | 490/1 | €3,270 | €3,662 | +€392 | +12.0% |
| Total equity and liabilities | 10/49 | €414,172 | €394,767 | -€19,405 | -4.7% |
| Equity | 10/15 | €123,230 | €131,770 | +€8,540 | +6.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,230 | €129,770 | +€8,540 | +7.0% |
| Amounts payable | 17/49 | €290,942 | €262,997 | -€27,945 | -9.6% |
| Amounts payable after more than one year | 17 | €237,459 | €199,922 | -€37,537 | -15.8% |
| Financial debts | 170/4 | €237,459 | €199,922 | -€37,537 | -15.8% |
| Amounts payable within one year | 42/48 | €53,482 | €63,075 | +€9,592 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €40,812 | €40,909 | +€96 | +0.2% |
| Trade debts | 44 | €3,822 | €5,637 | +€1,815 | +47.5% |
| Suppliers | 440/4 | €3,822 | €5,637 | +€1,815 | +47.5% |
| Taxes, remuneration and social security | 45 | €8,560 | €7,904 | -€656 | -7.7% |
| Taxes | 450/3 | €8,560 | €7,904 | -€656 | -7.7% |
| Other amounts payable | 47/48 | €288 | €8,625 | +€8,337 | +2,899% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,559 | €46,006 | -€552 | -1.2% |
| Other operating charges | 640/8 | €2,989 | €3,651 | +€662 | +22.1% |
| Gross operating margin | 9900 | €95,076 | €87,059 | -€8,017 | -8.4% |
| Operating profit (loss) | 9901 | €45,528 | €37,401 | -€8,127 | -17.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,784 | €3,692 | -€1,092 | -22.8% |
| Recurring financial charges | 65 | €4,784 | €3,692 | -€1,092 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €40,744 | €33,709 | -€7,035 | -17.3% |
| Income taxes | 67/77 | €8,557 | €7,169 | -€1,388 | -16.2% |
| Profit (loss) for the period | 9904 | €32,188 | €26,540 | -€5,648 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,188 | €26,540 | -€5,648 | -17.5% |
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 26 October 2026 via checked.be.