Brodel Joël: what changed
Brodel Joël
Largest movements
- Cash -€140,535
down €140,535 (-26.2%), from €536,153 to €395,618
mainly Current investments (-€113,546) and Debts after one year (-€78,664)
- Current investments +€113,546
up €113,546 (+629%), from €18,043 to €131,588
- Stocks and contracts -€64,140
down €64,140 (-69.5%), from €92,285 to €28,145
of which Contracts in progress: -€50,000
- Receivables within one year +€10,465
up €10,465 (+11.3%), from €92,552 to €103,018
of which Trade receivables: +€17,403
- Tangible fixed assets -€9,634
down €9,634 (-21.8%), from €44,102 to €34,468
of which Furniture and vehicles: -€13,451
- Debts after one year -€78,664
down €78,664 (-65.3%), from €120,525 to €41,861
of which Other amounts payable: -€78,664
- Trade debts -€29,941
down €29,941 (-47.7%), from €62,827 to €32,886
- Reserves +€23,985
up €23,985 (+4.2%), from €568,075 to €592,059
of which Distributable reserves: +€23,985
- Tax, wage and social debts -€10,655
down €10,655 (-100%), from €10,655 to €0
of which Taxes: -€10,655
- Gross operating margin -€125,030
down €125,030 (-58.7%), from €212,982 to €87,952
- Taxes -€28,253
down €28,253 (-57.6%), from €49,089 to €20,837
- Staff costs -€25,641
down €25,641 (-100%), from €25,641 to €0
- Financial income -€14,642
down €14,642 (-53.0%), from €27,637 to €12,995
- Depreciation -€13,218
down €13,218 (-43.0%), from €30,744 to €17,526
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €795,771 | €705,536 | -€90,235 | -11.3% |
| Fixed assets | 21/28 | €44,102 | €34,468 | -€9,634 | -21.8% |
| Tangible fixed assets | 22/27 | €44,102 | €34,468 | -€9,634 | -21.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €9,916 | €13,732 | +€3,817 | +38.5% |
| Furniture and vehicles | 24 | €34,187 | €20,736 | -€13,451 | -39.3% |
| Current assets | 29/58 | €751,669 | €671,068 | -€80,601 | -10.7% |
| Stocks and contracts in progress | 3 | €92,285 | €28,145 | -€64,140 | -69.5% |
| Stocks | 30/36 | €42,285 | €28,145 | -€14,140 | -33.4% |
| Contracts in progress | 37 | €50,000 | €0 | -€50,000 | -100% |
| Amounts receivable within one year | 40/41 | €92,552 | €103,018 | +€10,465 | +11.3% |
| Trade receivables | 40 | €72,291 | €89,695 | +€17,403 | +24.1% |
| Other amounts receivable | 41 | €20,261 | €13,323 | -€6,938 | -34.2% |
| Current investments | 50/53 | €18,043 | €131,588 | +€113,546 | +629% |
| Cash at bank and in hand | 54/58 | €536,153 | €395,618 | -€140,535 | -26.2% |
| Deferred charges and accrued income | 490/1 | €12,636 | €12,699 | +€63 | +0.5% |
| Total equity and liabilities | 10/49 | €795,771 | €705,536 | -€90,235 | -11.3% |
| Equity | 10/15 | €586,675 | €610,659 | +€23,985 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €568,075 | €592,059 | +€23,985 | +4.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €76,000 | €76,000 | = | 0.0% |
| Distributable reserves | 133 | €492,075 | €516,059 | +€23,985 | +4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €209,097 | €94,876 | -€114,220 | -54.6% |
| Amounts payable after more than one year | 17 | €120,525 | €41,861 | -€78,664 | -65.3% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €120,525 | €41,861 | -€78,664 | -65.3% |
| Amounts payable within one year | 42/48 | €87,406 | €44,212 | -€43,194 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €12,794 | €10,196 | -€2,598 | -20.3% |
| Trade debts | 44 | €62,827 | €32,886 | -€29,941 | -47.7% |
| Suppliers | 440/4 | €62,827 | €32,886 | -€29,941 | -47.7% |
| Advances received on contracts in progress | 46 | €1,130 | €1,130 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,655 | €0 | -€10,655 | -100% |
| Taxes | 450/3 | €10,655 | €0 | -€10,655 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,165 | €8,803 | +€7,638 | +656% |
| Remuneration, social security and pensions | 62 | €25,641 | €0 | -€25,641 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,744 | €17,526 | -€13,218 | -43.0% |
| Other operating charges | 640/8 | €3,445 | €1,831 | -€1,613 | -46.8% |
| Gross operating margin | 9900 | €212,982 | €87,952 | -€125,030 | -58.7% |
| Operating profit (loss) | 9901 | €153,152 | €68,594 | -€84,558 | -55.2% |
| Financial income | 75/76B | €27,637 | €12,995 | -€14,642 | -53.0% |
| Recurring financial income | 75 | €27,637 | €12,995 | -€14,642 | -53.0% |
| Financial charges | 65/66B | €5,373 | €9,386 | +€4,013 | +74.7% |
| Recurring financial charges | 65 | €5,373 | €9,386 | +€4,013 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €175,416 | €72,203 | -€103,213 | -58.8% |
| Income taxes | 67/77 | €49,089 | €20,837 | -€28,253 | -57.6% |
| Profit (loss) for the period | 9904 | €126,327 | €51,366 | -€74,960 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,327 | €51,366 | -€74,960 | -59.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.