BREVATRANS: 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.
BREVATRANS
Largest movements
- Tangible fixed assets +€181,393
up €181,393 (+74.0%), from €245,224 to €426,616
of which Furniture and vehicles: +€177,495
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€31,901
up €31,901 (+33.9%), from €94,221 to €126,122
of which Trade receivables: +€30,824
- Cash -€21,445
down €21,445 (-51.5%), from €41,664 to €20,218
mainly Contributions, distributions and other (-€450,000) and Investment in fixed assets (net) (-€292,707)
- Deferred charges and accrued income +€9,010
up €9,010 (+432%), from €2,084 to €11,094
- Profit (loss) carried forward -€317,418
down €317,418 (-95.5%), from €332,522 to €15,104
- Other debts +€201,429
up €201,429 (+471%), from €42,736 to €244,165
- Debts after one year +€156,667
up €156,667 (+1,074%), from €14,583 to €171,250
- Current portion of long-term debt +€53,333
up €53,333 (+213%), from €25,000 to €78,333
- Trade debts +€23,595
up €23,595 (+137%), from €17,183 to €40,778
- Depreciation +€17,858
up €17,858 (+19.1%), from €93,457 to €111,315
- Taxes -€12,550
down €12,550 (-29.7%), from €42,262 to €29,712
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 | €483,192 | €584,051 | +€100,858 | +20.9% |
| Fixed assets | 21/28 | €245,224 | €426,616 | +€181,393 | +74.0% |
| Tangible fixed assets | 22/27 | €245,224 | €426,616 | +€181,393 | +74.0% |
| Plant, machinery and equipment | 23 | €3,032 | €8,710 | +€5,678 | +187% |
| Furniture and vehicles | 24 | €200,355 | €377,850 | +€177,495 | +88.6% |
| Other tangible fixed assets | 26 | €41,836 | €40,056 | -€1,780 | -4.3% |
| Current assets | 29/58 | €237,969 | €157,434 | -€80,535 | -33.8% |
| Amounts receivable within one year | 40/41 | €94,221 | €126,122 | +€31,901 | +33.9% |
| Trade receivables | 40 | €92,487 | €123,311 | +€30,824 | +33.3% |
| Other amounts receivable | 41 | €1,734 | €2,811 | +€1,077 | +62.1% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €41,664 | €20,218 | -€21,445 | -51.5% |
| Deferred charges and accrued income | 490/1 | €2,084 | €11,094 | +€9,010 | +432% |
| Total equity and liabilities | 10/49 | €483,192 | €584,051 | +€100,858 | +20.9% |
| Equity | 10/15 | €352,522 | €35,104 | -€317,418 | -90.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €332,522 | €15,104 | -€317,418 | -95.5% |
| Amounts payable | 17/49 | €130,671 | €548,947 | +€418,276 | +320% |
| Amounts payable after more than one year | 17 | €14,583 | €171,250 | +€156,667 | +1,074% |
| Financial debts | 170/4 | €14,583 | €171,250 | +€156,667 | +1,074% |
| Amounts payable within one year | 42/48 | €116,073 | €377,697 | +€261,624 | +225% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €78,333 | +€53,333 | +213% |
| Trade debts | 44 | €17,183 | €40,778 | +€23,595 | +137% |
| Suppliers | 440/4 | €17,183 | €40,778 | +€23,595 | +137% |
| Taxes, remuneration and social security | 45 | €31,154 | €14,421 | -€16,733 | -53.7% |
| Taxes | 450/3 | €23,985 | €6,544 | -€17,441 | -72.7% |
| Remuneration and social security | 454/9 | €7,169 | €7,877 | +€708 | +9.9% |
| Other amounts payable | 47/48 | €42,736 | €244,165 | +€201,429 | +471% |
| Accrued charges and deferred income | 492/3 | €15 | €0 | -€15 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,457 | €111,315 | +€17,858 | +19.1% |
| Other operating charges | 640/8 | €2,271 | €1,935 | -€336 | -14.8% |
| Non-recurring operating charges | 66A | - | €4,241 | +€4,241 | |
| Gross operating margin | 9900 | €281,954 | €283,475 | +€1,521 | +0.5% |
| Operating profit (loss) | 9901 | €186,227 | €165,985 | -€20,242 | -10.9% |
| Financial income | 75/76B | €2,738 | €2,314 | -€424 | -15.5% |
| Recurring financial income | 75 | €2,738 | €2,314 | -€424 | -15.5% |
| Financial charges | 65/66B | €7,834 | €6,004 | -€1,830 | -23.4% |
| Recurring financial charges | 65 | €7,834 | €6,004 | -€1,830 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €181,131 | €162,295 | -€18,836 | -10.4% |
| Income taxes | 67/77 | €42,262 | €29,712 | -€12,550 | -29.7% |
| Profit (loss) for the period | 9904 | €138,868 | €132,582 | -€6,286 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €138,868 | €132,582 | -€6,286 | -4.5% |
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 20 October 2026 via checked.be.