BroDem: 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.
BroDem
Largest movements
- Tangible fixed assets -€17,040
down €17,040 (-20.9%), from €81,545 to €64,505
of which Leasing and similar rights: -€17,647
- Intangible fixed assets -€12,911
down €12,911 (-9.5%), from €135,665 to €122,754
- Receivables within one year +€6,060
up €6,060 (+250.7%), from €2,417 to €8,476
of which Other amounts receivable: +€3,686
- Cash -€5,089
down €5,089 (-35.5%), from €14,334 to €9,246
mainly Net result for the year (-€72,827) and Other debts (-€64,837)
- Deferred charges and accrued income +€3,670
up €3,670 (+104.7%), from €3,506 to €7,176
- Debts after one year +€159,322
up €159,322 (+126.0%), from €126,456 to €285,778
of which Other amounts payable: +€186,419
- Profit (loss) carried forward -€72,827
down €72,827 (-69.4%), from -€104,996 to -€177,823
- Other debts -€64,837
down €64,837 (-100.0%), from €64,837 to €0
- Current portion of long-term debt -€24,787
down €24,787 (-47.8%), from €51,884 to €27,097
- Trade debts -€18,852
down €18,852 (-22.6%), from €83,344 to €64,491
- Gross operating margin +€32,436
up €32,436 (+38.7%), from €83,911 to €116,347
- Depreciation +€2,884
up €2,884 (+8.0%), from €36,200 to €39,085
- Financial charges +€1,342
up €1,342 (+9.8%), from €13,641 to €14,983
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 | €262,562 | €235,021 | -€27,541 | -10.5% |
| Fixed assets | 21/28 | €218,035 | €188,084 | -€29,951 | -13.7% |
| Intangible fixed assets | 21 | €135,665 | €122,754 | -€12,911 | -9.5% |
| Tangible fixed assets | 22/27 | €81,545 | €64,505 | -€17,040 | -20.9% |
| Plant, machinery and equipment | 23 | €11,819 | €12,635 | +€816 | +6.9% |
| Furniture and vehicles | 24 | €1,530 | €1,518 | -€12 | -0.8% |
| Leasing and similar rights | 25 | €67,686 | €50,039 | -€17,647 | -26.1% |
| Other tangible fixed assets | 26 | €510 | €312 | -€198 | -38.8% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €44,527 | €46,937 | +€2,410 | +5.4% |
| Stocks and contracts in progress | 3 | €24,271 | €22,040 | -€2,231 | -9.2% |
| Stocks | 30/36 | €24,271 | €22,040 | -€2,231 | -9.2% |
| Amounts receivable within one year | 40/41 | €2,417 | €8,476 | +€6,060 | +250.7% |
| Trade receivables | 40 | €735 | €3,108 | +€2,373 | +323.1% |
| Other amounts receivable | 41 | €1,682 | €5,369 | +€3,686 | +219.2% |
| Cash at bank and in hand | 54/58 | €14,334 | €9,246 | -€5,089 | -35.5% |
| Deferred charges and accrued income | 490/1 | €3,506 | €7,176 | +€3,670 | +104.7% |
| Total equity and liabilities | 10/49 | €262,562 | €235,021 | -€27,541 | -10.5% |
| Equity | 10/15 | -€99,996 | -€172,823 | -€72,827 | -72.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,996 | -€177,823 | -€72,827 | -69.4% |
| Amounts payable | 17/49 | €362,558 | €407,844 | +€45,286 | +12.5% |
| Amounts payable after more than one year | 17 | €126,456 | €285,778 | +€159,322 | +126.0% |
| Financial debts | 170/4 | €126,456 | €99,359 | -€27,097 | -21.4% |
| Other amounts payable | 178/9 | - | €186,419 | +€186,419 | |
| Amounts payable within one year | 42/48 | €236,102 | €122,066 | -€114,036 | -48.3% |
| Current portion of amounts payable after more than one year | 42 | €51,884 | €27,097 | -€24,787 | -47.8% |
| Trade debts | 44 | €83,344 | €64,491 | -€18,852 | -22.6% |
| Suppliers | 440/4 | €83,344 | €64,491 | -€18,852 | -22.6% |
| Taxes, remuneration and social security | 45 | €36,038 | €30,478 | -€5,560 | -15.4% |
| Taxes | 450/3 | €25,073 | €22,349 | -€2,724 | -10.9% |
| Remuneration and social security | 454/9 | €10,965 | €8,129 | -€2,836 | -25.9% |
| Other amounts payable | 47/48 | €64,837 | €0 | -€64,837 | -100.0% |
| Remuneration, social security and pensions | 62 | €129,493 | €130,370 | +€877 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,200 | €39,085 | +€2,884 | +8.0% |
| Other operating charges | 640/8 | €5,895 | €4,923 | -€972 | -16.5% |
| Gross operating margin | 9900 | €83,911 | €116,347 | +€32,436 | +38.7% |
| Operating profit (loss) | 9901 | -€87,677 | -€58,030 | +€29,647 | +33.8% |
| Financial income | 75/76B | €16 | €333 | +€317 | +2013.2% |
| Recurring financial income | 75 | €16 | €333 | +€317 | +2013.2% |
| Financial charges | 65/66B | €13,641 | €14,983 | +€1,342 | +9.8% |
| Recurring financial charges | 65 | €13,641 | €14,983 | +€1,342 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€101,302 | -€72,681 | +€28,622 | +28.3% |
| Income taxes | 67/77 | €240 | €147 | -€93 | -38.8% |
| Profit (loss) for the period | 9904 | -€101,542 | -€72,827 | +€28,715 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€101,542 | -€72,827 | +€28,715 | +28.3% |
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 2 October 2026 via checked.be.