BRO'S PLACE: 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.
BRO'S PLACE
Largest movements
- Receivables within one year +€10,671
up €10,671 (+27.3%), from €39,106 to €49,777
of which Other amounts receivable: +€6,904
- Stocks and contracts +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Cash +€9,168
up €9,168 (+11.3%), from €81,320 to €90,488
mainly Depreciation (+€38,332) and Net result for the year (+€23,501)
- Reserves +€23,501
up €23,501 (+23.8%), from €98,752 to €122,253
of which Distributable reserves: +€23,501
- Trade debts +€22,610
up €22,610 (+65.4%), from €34,569 to €57,178
- Debts after one year -€17,089
down €17,089 (-4.7%), from €362,965 to €345,876
- Depreciation +€6,833
up €6,833 (+21.7%), from €31,499 to €38,332
- Staff costs +€4,288
up €4,288 (+135%), from €3,177 to €7,464
- Taxes +€3,066
up €3,066 (+36.9%), from €8,308 to €11,374
- Other operating charges +€1,978
up €1,978 (+60.4%), from €3,273 to €5,251
- Gross operating margin +€1,606
up €1,606 (+1.7%), from €95,285 to €96,892
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €599,400 | €628,737 | +€29,337 | +4.9% |
| Fixed assets | 21/28 | €448,753 | €447,135 | -€1,618 | -0.4% |
| Tangible fixed assets | 22/27 | €448,753 | €447,135 | -€1,618 | -0.4% |
| Land and buildings | 22 | €439,089 | €439,055 | -€34 | 0.0% |
| Plant, machinery and equipment | 23 | €6,855 | €5,910 | -€944 | -13.8% |
| Furniture and vehicles | 24 | €2,809 | €2,169 | -€640 | -22.8% |
| Current assets | 29/58 | €150,647 | €181,602 | +€30,955 | +20.5% |
| Stocks and contracts in progress | 3 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Stocks | 30/36 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Amounts receivable within one year | 40/41 | €39,106 | €49,777 | +€10,671 | +27.3% |
| Trade receivables | 40 | €6,233 | €10,000 | +€3,767 | +60.4% |
| Other amounts receivable | 41 | €32,873 | €39,777 | +€6,904 | +21.0% |
| Cash at bank and in hand | 54/58 | €81,320 | €90,488 | +€9,168 | +11.3% |
| Deferred charges and accrued income | 490/1 | €221 | €1,337 | +€1,116 | +506% |
| Total equity and liabilities | 10/49 | €599,400 | €628,737 | +€29,337 | +4.9% |
| Equity | 10/15 | €136,817 | €160,319 | +€23,501 | +17.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €98,752 | €122,253 | +€23,501 | +23.8% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €98,502 | €122,003 | +€23,501 | +23.9% |
| Profit (loss) carried forward | 14 | €35,565 | €35,565 | = | 0.0% |
| Amounts payable | 17/49 | €462,582 | €468,418 | +€5,836 | +1.3% |
| Amounts payable after more than one year | 17 | €362,965 | €345,876 | -€17,089 | -4.7% |
| Financial debts | 170/4 | €362,965 | €345,876 | -€17,089 | -4.7% |
| Amounts payable within one year | 42/48 | €98,836 | €121,761 | +€22,925 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €16,626 | €17,089 | +€463 | +2.8% |
| Trade debts | 44 | €34,569 | €57,178 | +€22,610 | +65.4% |
| Suppliers | 440/4 | €34,569 | €57,178 | +€22,610 | +65.4% |
| Taxes, remuneration and social security | 45 | €35,641 | €35,494 | -€148 | -0.4% |
| Taxes | 450/3 | €22,422 | €21,488 | -€934 | -4.2% |
| Remuneration and social security | 454/9 | €13,219 | €14,006 | +€787 | +6.0% |
| Other amounts payable | 47/48 | €12,000 | €12,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €781 | €781 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €3,177 | €7,464 | +€4,288 | +135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,499 | €38,332 | +€6,833 | +21.7% |
| Other operating charges | 640/8 | €3,273 | €5,251 | +€1,978 | +60.4% |
| Gross operating margin | 9900 | €95,285 | €96,892 | +€1,606 | +1.7% |
| Operating profit (loss) | 9901 | €57,337 | €45,845 | -€11,492 | -20.0% |
| Financial income | 75/76B | €1,675 | €1,581 | -€94 | -5.6% |
| Recurring financial income | 75 | €1,675 | €1,581 | -€94 | -5.6% |
| Financial charges | 65/66B | €12,809 | €12,551 | -€258 | -2.0% |
| Recurring financial charges | 65 | €12,809 | €12,551 | -€258 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €46,203 | €34,875 | -€11,328 | -24.5% |
| Income taxes | 67/77 | €8,308 | €11,374 | +€3,066 | +36.9% |
| Profit (loss) for the period | 9904 | €37,895 | €23,501 | -€14,394 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,895 | €23,501 | -€14,394 | -38.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.