BROCOBIO: 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.
BROCOBIO
Largest movements
- Tangible fixed assets -€142,216
down €142,216 (-46.6%), from €305,145 to €162,929
of which Plant, machinery and equipment: -€145,986
- Cash -€44,440
no longer reported in 2025 (was €44,440)
mainly Net result for the year (-€147,438) and Debts after one year (-€78,071)
- Receivables within one year -€16,452
down €16,452 (-42.6%), from €38,620 to €22,168
of which Other amounts receivable: -€27,907
- Stocks and contracts +€8,738
up €8,738 (+72.0%), from €12,136 to €20,874
- Profit (loss) carried forward -€147,439
down €147,439 (-39.8%), from -€370,880 to -€518,318
- Debts after one year -€78,071
down €78,071 (-30.3%), from €257,747 to €179,676
- Contributions +€40,000
up €40,000 (+11.3%), from €355,000 to €395,000
- Current portion of long-term debt -€22,686
down €22,686 (-22.5%), from €100,657 to €77,971
- Trade debts +€11,755
up €11,755 (+18.2%), from €64,518 to €76,273
- Gross operating margin -€33,173
down €33,173 (-35.5%), from €93,517 to €60,344
- Staff costs -€5,945
down €5,945 (-14.1%), from €42,221 to €36,276
- Other operating charges -€5,019
down €5,019 (-77.6%), from €6,470 to €1,452
- Depreciation -€3,551
down €3,551 (-2.3%), from €157,461 to €153,911
- Financial income +€3,445
new in 2025: €3,445
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 | €411,183 | €214,891 | -€196,291 | -47.7% |
| Fixed assets | 21/28 | €309,945 | €168,529 | -€141,416 | -45.6% |
| Tangible fixed assets | 22/27 | €305,145 | €162,929 | -€142,216 | -46.6% |
| Plant, machinery and equipment | 23 | €303,580 | €157,594 | -€145,986 | -48.1% |
| Other tangible fixed assets | 26 | €1,565 | €5,335 | +€3,770 | +240.9% |
| Financial fixed assets | 28 | €4,800 | €5,600 | +€800 | +16.7% |
| Current assets | 29/58 | €101,237 | €46,362 | -€54,875 | -54.2% |
| Stocks and contracts in progress | 3 | €12,136 | €20,874 | +€8,738 | +72.0% |
| Stocks | 30/36 | €12,136 | €20,874 | +€8,738 | +72.0% |
| Amounts receivable within one year | 40/41 | €38,620 | €22,168 | -€16,452 | -42.6% |
| Trade receivables | 40 | €1,165 | €12,620 | +€11,455 | +983.2% |
| Other amounts receivable | 41 | €37,455 | €9,548 | -€27,907 | -74.5% |
| Cash at bank and in hand | 54/58 | €44,440 | - | -€44,440 | |
| Deferred charges and accrued income | 490/1 | €6,041 | €3,320 | -€2,721 | -45.0% |
| Total equity and liabilities | 10/49 | €411,183 | €214,891 | -€196,291 | -47.7% |
| Equity | 10/15 | -€15,880 | -€123,318 | -€107,439 | -676.6% |
| Contributions | 10/11 | €355,000 | €395,000 | +€40,000 | +11.3% |
| Capital | 10 | €355,000 | - | -€355,000 | |
| Issued capital | 100 | €445,000 | - | -€445,000 | |
| Uncalled capital | 101 | €90,000 | - | -€90,000 | |
| Profit (loss) carried forward | 14 | -€370,880 | -€518,318 | -€147,439 | -39.8% |
| Provisions and deferred taxes | 16 | €217 | €217 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €217 | €217 | = | 0.0% |
| Other liabilities and charges | 164/5 | €217 | €217 | = | 0.0% |
| Amounts payable | 17/49 | €426,845 | €337,992 | -€88,853 | -20.8% |
| Amounts payable after more than one year | 17 | €257,747 | €179,676 | -€78,071 | -30.3% |
| Financial debts | 170/4 | €257,747 | €179,676 | -€78,071 | -30.3% |
| Amounts payable within one year | 42/48 | €169,098 | €158,316 | -€10,782 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €100,657 | €77,971 | -€22,686 | -22.5% |
| Financial debts | 43 | - | €267 | +€267 | |
| Credit institutions | 430/8 | - | €267 | +€267 | |
| Trade debts | 44 | €64,518 | €76,273 | +€11,755 | +18.2% |
| Suppliers | 440/4 | €64,518 | €76,273 | +€11,755 | +18.2% |
| Taxes, remuneration and social security | 45 | €3,923 | €3,805 | -€118 | -3.0% |
| Remuneration and social security | 454/9 | €3,923 | €3,805 | -€118 | -3.0% |
| Remuneration, social security and pensions | 62 | €42,221 | €36,276 | -€5,945 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,461 | €153,911 | -€3,551 | -2.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €217 | - | -€217 | |
| Other operating charges | 640/8 | €6,470 | €1,452 | -€5,019 | -77.6% |
| Gross operating margin | 9900 | €93,517 | €60,344 | -€33,173 | -35.5% |
| Operating profit (loss) | 9901 | -€112,853 | -€131,294 | -€18,441 | -16.3% |
| Financial income | 75/76B | - | €3,445 | +€3,445 | |
| Recurring financial income | 75 | - | €3,445 | +€3,445 | |
| Financial charges | 65/66B | €18,711 | €19,589 | +€879 | +4.7% |
| Recurring financial charges | 65 | €18,711 | €18,725 | +€15 | +0.1% |
| Non-recurring financial charges | 66B | - | €864 | +€864 | |
| Profit (loss) for the period before taxes | 9903 | -€131,563 | -€147,438 | -€15,875 | -12.1% |
| Profit (loss) for the period | 9904 | -€131,563 | -€147,438 | -€15,875 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,563 | -€147,438 | -€15,875 | -12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.