BREZACO: what changed
Two fiscal 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.
BREZACO
Largest movements
- Cash -€53,910
down €53,910 (-54.2%), from €99,542 to €45,632
mainly Contributions, distributions and other (-€154,000) and Receivables within one year (-€19,839)
- Receivables within one year +€19,839
up €19,839 (+551071.7%), from €4 to €19,842
of which Trade receivables: +€16,338
- Deferred charges and accrued income -€5,841
down €5,841 (-32.9%), from €17,731 to €11,890
- Tangible fixed assets -€2,067
down €2,067 (-33.7%), from €6,130 to €4,063
- Profit (loss) carried forward -€101,061
down €101,061 (-97.8%), from €103,375 to €2,313
- Other debts +€53,011
up €53,011 (+1310.0%), from €4,047 to €57,058
- Tax, wage and social debts +€9,729
up €9,729 (+117.3%), from €8,291 to €18,020
- Trade debts -€4,235
down €4,235 (-81.7%), from €5,183 to €948
- Gross operating margin +€6,174
up €6,174 (+9.4%), from €65,520 to €71,694
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 | €123,406 | €81,426 | -€41,979 | -34.0% |
| Fixed assets | 21/28 | €6,130 | €4,063 | -€2,067 | -33.7% |
| Tangible fixed assets | 22/27 | €6,130 | €4,063 | -€2,067 | -33.7% |
| Furniture and vehicles | 24 | €6,130 | €4,063 | -€2,067 | -33.7% |
| Current assets | 29/58 | €117,276 | €77,364 | -€39,912 | -34.0% |
| Amounts receivable within one year | 40/41 | €4 | €19,842 | +€19,839 | +551071.7% |
| Trade receivables | 40 | €0 | €16,338 | +€16,338 | |
| Other amounts receivable | 41 | €4 | €3,504 | +€3,501 | +97245.3% |
| Cash at bank and in hand | 54/58 | €99,542 | €45,632 | -€53,910 | -54.2% |
| Deferred charges and accrued income | 490/1 | €17,731 | €11,890 | -€5,841 | -32.9% |
| Total equity and liabilities | 10/49 | €123,406 | €81,426 | -€41,979 | -34.0% |
| Equity | 10/15 | €105,875 | €4,813 | -€101,061 | -95.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,375 | €2,313 | -€101,061 | -97.8% |
| Amounts payable | 17/49 | €17,531 | €76,613 | +€59,082 | +337.0% |
| Amounts payable within one year | 42/48 | €17,531 | €76,613 | +€59,082 | +337.0% |
| Financial debts | 43 | €10 | €587 | +€577 | +5777.3% |
| Credit institutions | 430/8 | €10 | €587 | +€577 | +5777.3% |
| Trade debts | 44 | €5,183 | €948 | -€4,235 | -81.7% |
| Suppliers | 440/4 | €5,183 | €948 | -€4,235 | -81.7% |
| Taxes, remuneration and social security | 45 | €8,291 | €18,020 | +€9,729 | +117.3% |
| Taxes | 450/3 | €8,291 | €18,020 | +€9,729 | +117.3% |
| Other amounts payable | 47/48 | €4,047 | €57,058 | +€53,011 | +1310.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,067 | €2,067 | = | 0.0% |
| Other operating charges | 640/8 | €511 | €569 | +€58 | +11.3% |
| Gross operating margin | 9900 | €65,520 | €71,694 | +€6,174 | +9.4% |
| Operating profit (loss) | 9901 | €62,942 | €69,059 | +€6,116 | +9.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,040 | €1,660 | +€621 | +59.7% |
| Recurring financial charges | 65 | €1,040 | €1,660 | +€621 | +59.7% |
| Profit (loss) for the period before taxes | 9903 | €61,903 | €67,399 | +€5,496 | +8.9% |
| Income taxes | 67/77 | €14,229 | €14,460 | +€231 | +1.6% |
| Profit (loss) for the period | 9904 | €47,673 | €52,939 | +€5,265 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,673 | €52,939 | +€5,265 | +11.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.