BRETECH: 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.
BRETECH
Largest movements
- Tangible fixed assets +€32,206
up €32,206 (+314.5%), from €10,240 to €42,446
of which Furniture and vehicles: +€27,546
- Cash +€24,224
up €24,224 (+2030.2%), from €1,193 to €25,417
mainly Net result for the year (+€82,481) and Depreciation (+€4,425)
- Receivables after one year +€17,304
up €17,304 (+16.5%), from €104,618 to €121,922
- Reserves +€82,481
up €82,481 (+106.1%), from €77,730 to €160,211
- Tax, wage and social debts -€10,267
down €10,267 (-49.7%), from €20,643 to €10,376
- Trade debts +€3,017
up €3,017 (+945.1%), from €319 to €3,336
- Gross operating margin +€115,983
up €115,983 (+1107.1%), from €10,477 to €126,460
- Taxes +€37,037
up €37,037 (+1583.5%), from €2,339 to €39,376
- Depreciation +€1,778
up €1,778 (+67.2%), from €2,647 to €4,425
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 | €145,344 | €220,575 | +€75,232 | +51.8% |
| Fixed assets | 21/28 | €10,240 | €42,446 | +€32,206 | +314.5% |
| Tangible fixed assets | 22/27 | €10,240 | €42,446 | +€32,206 | +314.5% |
| Land and buildings | 22 | - | €5,576 | +€5,576 | |
| Plant, machinery and equipment | 23 | €3,560 | €2,643 | -€916 | -25.7% |
| Furniture and vehicles | 24 | €6,680 | €34,226 | +€27,546 | +412.3% |
| Current assets | 29/58 | €135,104 | €178,130 | +€43,026 | +31.8% |
| Amounts receivable after more than one year | 29 | €104,618 | €121,922 | +€17,304 | +16.5% |
| Other amounts receivable | 291 | €104,618 | €121,922 | +€17,304 | +16.5% |
| Amounts receivable within one year | 40/41 | €28,987 | €29,850 | +€863 | +3.0% |
| Trade receivables | 40 | €15,180 | €17,745 | +€2,565 | +16.9% |
| Other amounts receivable | 41 | €13,807 | €12,105 | -€1,702 | -12.3% |
| Cash at bank and in hand | 54/58 | €1,193 | €25,417 | +€24,224 | +2030.2% |
| Deferred charges and accrued income | 490/1 | €306 | €940 | +€634 | +207.2% |
| Total equity and liabilities | 10/49 | €145,344 | €220,575 | +€75,232 | +51.8% |
| Equity | 10/15 | €124,381 | €206,863 | +€82,481 | +66.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €77,730 | €160,211 | +€82,481 | +106.1% |
| Distributable reserves | 133 | €77,730 | €160,211 | +€82,481 | +106.1% |
| Profit (loss) carried forward | 14 | €44,152 | €44,152 | = | 0.0% |
| Amounts payable | 17/49 | €20,963 | €13,713 | -€7,250 | -34.6% |
| Amounts payable within one year | 42/48 | €20,963 | €13,713 | -€7,250 | -34.6% |
| Trade debts | 44 | €319 | €3,336 | +€3,017 | +945.1% |
| Suppliers | 440/4 | €319 | €3,336 | +€3,017 | +945.1% |
| Taxes, remuneration and social security | 45 | €20,643 | €10,376 | -€10,267 | -49.7% |
| Taxes | 450/3 | €20,643 | €10,376 | -€10,267 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,647 | €4,425 | +€1,778 | +67.2% |
| Other operating charges | 640/8 | €532 | €272 | -€260 | -48.9% |
| Gross operating margin | 9900 | €10,477 | €126,460 | +€115,983 | +1107.1% |
| Operating profit (loss) | 9901 | €7,298 | €121,763 | +€114,465 | +1568.4% |
| Financial income | 75/76B | €2,552 | €2,994 | +€442 | +17.3% |
| Recurring financial income | 75 | €2,552 | €2,994 | +€442 | +17.3% |
| Financial charges | 65/66B | €2,038 | €2,899 | +€861 | +42.3% |
| Recurring financial charges | 65 | €2,038 | €2,899 | +€861 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €7,812 | €121,858 | +€114,046 | +1459.9% |
| Income taxes | 67/77 | €2,339 | €39,376 | +€37,037 | +1583.5% |
| Profit (loss) for the period | 9904 | €5,473 | €82,481 | +€77,008 | +1407.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,473 | €82,481 | +€77,008 | +1407.0% |
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.