BREUMAS: 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.
BREUMAS
Largest movements
- Receivables within one year -€25,887
down €25,887 (-90.0%), from €28,767 to €2,880
of which Trade receivables: -€23,847
- Tangible fixed assets -€22,061
down €22,061 (-15.8%), from €139,478 to €117,417
- Cash +€17,646
up €17,646 (+33.2%), from €53,180 to €70,826
mainly Tax, wage and social debts (+€38,547) and Receivables within one year (+€25,887)
- Deferred charges and accrued income +€12,131
up €12,131 (+219.1%), from €5,537 to €17,668
- Stocks and contracts +€4,115
up €4,115 (+2.6%), from €160,365 to €164,480
- Tax, wage and social debts +€38,547
up €38,547 (+124.6%), from €30,928 to €69,475
of which Remuneration and social security: +€29,531
- Debts after one year -€31,321
down €31,321 (-62.1%), from €50,440 to €19,119
- Trade debts -€25,358
down €25,358 (-66.8%), from €37,976 to €12,619
- Other debts +€6,322
up €6,322 (+17.5%), from €36,069 to €42,391
- Current portion of long-term debt +€6,001
up €6,001 (+17.2%), from €34,792 to €40,793
- Gross operating margin +€44,336
up €44,336 (+17.2%), from €257,850 to €302,186
- Staff costs +€35,286
up €35,286 (+15.4%), from €229,099 to €264,385
- Taxes +€5,606
up €5,606 (+3455.7%), from €162 to €5,768
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 | €387,328 | €373,272 | -€14,056 | -3.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €139,478 | €117,417 | -€22,061 | -15.8% |
| Tangible fixed assets | 22/27 | €139,478 | €117,417 | -€22,061 | -15.8% |
| Plant, machinery and equipment | 23 | €6,724 | €5,685 | -€1,039 | -15.5% |
| Furniture and vehicles | 24 | €48,417 | €37,446 | -€10,971 | -22.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €84,337 | €74,286 | -€10,051 | -11.9% |
| Current assets | 29/58 | €247,849 | €255,854 | +€8,005 | +3.2% |
| Stocks and contracts in progress | 3 | €160,365 | €164,480 | +€4,115 | +2.6% |
| Stocks | 30/36 | €160,365 | €164,480 | +€4,115 | +2.6% |
| Amounts receivable within one year | 40/41 | €28,767 | €2,880 | -€25,887 | -90.0% |
| Trade receivables | 40 | €23,929 | €83 | -€23,847 | -99.7% |
| Other amounts receivable | 41 | €4,838 | €2,797 | -€2,041 | -42.2% |
| Cash at bank and in hand | 54/58 | €53,180 | €70,826 | +€17,646 | +33.2% |
| Deferred charges and accrued income | 490/1 | €5,537 | €17,668 | +€12,131 | +219.1% |
| Total equity and liabilities | 10/49 | €387,328 | €373,272 | -€14,056 | -3.6% |
| Equity | 10/15 | €163,660 | €162,680 | -€980 | -0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €100,007 | €99,027 | -€980 | -1.0% |
| Tax-exempt reserves | 132 | €100,007 | €89,844 | -€10,163 | -10.2% |
| Distributable reserves | 133 | - | €9,183 | +€9,183 | |
| Profit (loss) carried forward | 14 | €45,061 | €45,061 | = | 0.0% |
| Provisions and deferred taxes | 16 | €21,677 | €17,982 | -€3,696 | -17.0% |
| Deferred taxes | 168 | €21,677 | €17,982 | -€3,696 | -17.0% |
| Amounts payable | 17/49 | €201,990 | €192,610 | -€9,380 | -4.6% |
| Amounts payable after more than one year | 17 | €50,440 | €19,119 | -€31,321 | -62.1% |
| Financial debts | 170/4 | €50,440 | €19,119 | -€31,321 | -62.1% |
| Amounts payable within one year | 42/48 | €151,550 | €171,901 | +€20,351 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €34,792 | €40,793 | +€6,001 | +17.2% |
| Trade debts | 44 | €37,976 | €12,619 | -€25,358 | -66.8% |
| Suppliers | 440/4 | €37,976 | €12,619 | -€25,358 | -66.8% |
| Advances received on contracts in progress | 46 | €11,784 | €6,623 | -€5,161 | -43.8% |
| Taxes, remuneration and social security | 45 | €30,928 | €69,475 | +€38,547 | +124.6% |
| Taxes | 450/3 | €12,122 | €21,138 | +€9,016 | +74.4% |
| Remuneration and social security | 454/9 | €18,806 | €48,337 | +€29,531 | +157.0% |
| Other amounts payable | 47/48 | €36,069 | €42,391 | +€6,322 | +17.5% |
| Accrued charges and deferred income | 492/3 | - | €1,590 | +€1,590 | |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | €941 | - | -€941 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €229,099 | €264,385 | +€35,286 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,301 | €24,320 | +€1,019 | +4.4% |
| Other operating charges | 640/8 | €5,018 | €3,878 | -€1,140 | -22.7% |
| Gross operating margin | 9900 | €257,850 | €302,186 | +€44,336 | +17.2% |
| Operating profit (loss) | 9901 | €431 | €9,602 | +€9,172 | +2128.9% |
| Financial income | 75/76B | €1,557 | €579 | -€978 | -62.8% |
| Recurring financial income | 75 | €1,557 | €579 | -€978 | -62.8% |
| Financial charges | 65/66B | €8,180 | €9,088 | +€908 | +11.1% |
| Recurring financial charges | 65 | €8,180 | €9,088 | +€908 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,193 | €1,093 | +€7,286 | |
| Transfer from deferred taxes | 780 | €2,310 | €3,696 | +€1,386 | +60.0% |
| Income taxes | 67/77 | €162 | €5,768 | +€5,606 | +3455.7% |
| Profit (loss) for the period | 9904 | -€4,046 | -€980 | +€3,065 | +75.8% |
| Transfer from tax-exempt reserves | 789 | €11,549 | €10,163 | -€1,386 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,503 | €9,183 | +€1,680 | +22.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.