BREVER: what changed
What changed
BREVER
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€31,042
2024 · €49,734-€18,692
Equity
€609,980
2024 · €615,780-€5,800
Cash
€539,354
2024 · €530,844+€8,510
Balance sheet total
€929,368
2024 · €956,876-€27,508
Largest movements
Assets
- Receivables within one year -€56,824
down €56,824 (-33.1%), from €171,724 to €114,900
of which Trade receivables: -€47,158
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets -€48,315
down €48,315 (-34.8%), from €139,030 to €90,715
of which Furniture and vehicles: -€42,324
- Stocks and contracts +€14,656
up €14,656 (+13.5%), from €108,429 to €123,086
Equity and liabilities
- Profit (loss) carried forward -€595,320
down €595,320 (-100%), from €595,320 to €0
- Reserves +€589,520
up €589,520 (+31,695%), from €1,860 to €591,380
of which Distributable reserves: +€589,520
- Accrued charges and deferred income -€55,413
down €55,413 (-100%), from €55,413 to €0
- Trade debts +€21,897
up €21,897 (+14.6%), from €149,831 to €171,727
Income statement
- Gross operating margin -€21,570
down €21,570 (-5.0%), from €427,351 to €405,781
- Taxes -€7,850
down €7,850 (-35.4%), from €22,169 to €14,319
- Depreciation +€7,002
up €7,002 (+17.2%), from €40,592 to €47,594
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.
Result 2024
€49,734
Gross operating margin
-€21,570
Staff costs
+€3,763
Depreciation
-€7,002
Other operating charges
+€190
Other operating items
-€736
Financial income
+€1,503
Financial charges
-€2,690
Taxes
+€7,850
Result 2025
€31,042
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€94,448
Investment
-€49,279
Financing
-€36,659
Cash 2024
€530,844
From operations (derived)
+€94,448
Net result for the year
+€31,042
Depreciation
+€47,594
Stocks and contracts
-€14,656
Receivables within one year
+€56,824
Deferred charges and accrued income
-€4,465
Trade debts
+€21,897
Tax, wage and social debts
+€8,450
Other debts
+€3,176
Accrued charges and deferred income
-€55,413
Investment (derived)
-€49,279
Investment in fixed assets (net)
+€721
Current investments
-€50,000
Financing
-€36,659
Short-term financial debts
+€183
Contributions, distributions and other
-€36,842
Cash 2025
€539,354
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €956,876 | €929,368 | -€27,508 | -2.9% |
| Fixed assets | 21/28 | €139,030 | €90,715 | -€48,315 | -34.8% |
| Tangible fixed assets | 22/27 | €139,030 | €90,715 | -€48,315 | -34.8% |
| Land and buildings | 22 | €1,130 | €986 | -€144 | -12.7% |
| Plant, machinery and equipment | 23 | €17,747 | €11,900 | -€5,848 | -32.9% |
| Furniture and vehicles | 24 | €120,153 | €77,829 | -€42,324 | -35.2% |
| Current assets | 29/58 | €817,846 | €838,653 | +€20,807 | +2.5% |
| Stocks and contracts in progress | 3 | €108,429 | €123,086 | +€14,656 | +13.5% |
| Stocks | 30/36 | €108,429 | €123,086 | +€14,656 | +13.5% |
| Amounts receivable within one year | 40/41 | €171,724 | €114,900 | -€56,824 | -33.1% |
| Trade receivables | 40 | €83,012 | €35,854 | -€47,158 | -56.8% |
| Other amounts receivable | 41 | €88,712 | €79,046 | -€9,666 | -10.9% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €530,844 | €539,354 | +€8,510 | +1.6% |
| Deferred charges and accrued income | 490/1 | €6,849 | €11,313 | +€4,465 | +65.2% |
| Total equity and liabilities | 10/49 | €956,876 | €929,368 | -€27,508 | -2.9% |
| Equity | 10/15 | €615,780 | €609,980 | -€5,800 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €591,380 | +€589,520 | +31,695% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €589,520 | +€589,520 | |
| Profit (loss) carried forward | 14 | €595,320 | €0 | -€595,320 | -100% |
| Amounts payable | 17/49 | €341,096 | €319,388 | -€21,708 | -6.4% |
| Amounts payable within one year | 42/48 | €285,683 | €319,388 | +€33,705 | +11.8% |
| Financial debts | 43 | - | €183 | +€183 | |
| Credit institutions | 430/8 | - | €183 | +€183 | |
| Trade debts | 44 | €149,831 | €171,727 | +€21,897 | +14.6% |
| Suppliers | 440/4 | €149,831 | €171,727 | +€21,897 | +14.6% |
| Taxes, remuneration and social security | 45 | €32,432 | €40,882 | +€8,450 | +26.1% |
| Taxes | 450/3 | €135 | €6,707 | +€6,571 | +4,854% |
| Remuneration and social security | 454/9 | €32,297 | €34,175 | +€1,878 | +5.8% |
| Other amounts payable | 47/48 | €103,420 | €106,596 | +€3,176 | +3.1% |
| Accrued charges and deferred income | 492/3 | €55,413 | €0 | -€55,413 | -100% |
| Non-recurring operating income | 76A | - | €174 | +€174 | |
| Remuneration, social security and pensions | 62 | €311,448 | €307,685 | -€3,763 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,592 | €47,594 | +€7,002 | +17.2% |
| Other operating charges | 640/8 | €2,901 | €2,710 | -€190 | -6.6% |
| Non-recurring operating charges | 66A | - | €736 | +€736 | |
| Gross operating margin | 9900 | €427,351 | €405,781 | -€21,570 | -5.0% |
| Operating profit (loss) | 9901 | €72,411 | €47,055 | -€25,355 | -35.0% |
| Financial income | 75/76B | €107 | €1,609 | +€1,503 | +1,410% |
| Recurring financial income | 75 | €107 | €1,609 | +€1,503 | +1,410% |
| Financial charges | 65/66B | €614 | €3,303 | +€2,690 | +438% |
| Recurring financial charges | 65 | €614 | €3,303 | +€2,690 | +438% |
| Profit (loss) for the period before taxes | 9903 | €71,903 | €45,361 | -€26,542 | -36.9% |
| Income taxes | 67/77 | €22,169 | €14,319 | -€7,850 | -35.4% |
| Profit (loss) for the period | 9904 | €49,734 | €31,042 | -€18,692 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,734 | €31,042 | -€18,692 | -37.6% |
Next steps
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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 3 November 2026 via checked.be.