BRODEO: 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.
BRODEO
Largest movements
- Cash -€10,658
down €10,658 (-73.8%), from €14,437 to €3,779
mainly Net result for the year (-€19,233) and Investment in fixed assets (net) (-€11,238)
- Receivables within one year +€8,397
up €8,397 (+5.4%), from €155,136 to €163,533
of which Other amounts receivable: +€8,062
- Tangible fixed assets +€4,891
up €4,891 (+18.9%), from €25,913 to €30,805
of which Furniture and vehicles: +€6,640
- Other debts +€24,021
up €24,021 (+3.7%), from €653,145 to €677,166
- Profit (loss) carried forward -€19,233
down €19,233 (-4.0%), from -€478,374 to -€497,607
- Trade debts -€2,157
down €2,157 (-69.2%), from €3,114 to €958
- Gross operating margin +€57,027
up €57,027 (+85.3%), from -€66,857 to -€9,830
- Depreciation -€8,672
down €8,672 (-57.7%), from €15,018 to €6,347
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 | €196,486 | €199,117 | +€2,631 | +1.3% |
| Fixed assets | 21/28 | €26,913 | €31,805 | +€4,891 | +18.2% |
| Tangible fixed assets | 22/27 | €25,913 | €30,805 | +€4,891 | +18.9% |
| Plant, machinery and equipment | 23 | €8,767 | €7,018 | -€1,748 | -19.9% |
| Furniture and vehicles | 24 | €17,146 | €23,786 | +€6,640 | +38.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €169,573 | €167,312 | -€2,261 | -1.3% |
| Amounts receivable within one year | 40/41 | €155,136 | €163,533 | +€8,397 | +5.4% |
| Trade receivables | 40 | €146 | €481 | +€335 | +229.2% |
| Other amounts receivable | 41 | €154,990 | €163,052 | +€8,062 | +5.2% |
| Cash at bank and in hand | 54/58 | €14,437 | €3,779 | -€10,658 | -73.8% |
| Total equity and liabilities | 10/49 | €196,486 | €199,117 | +€2,631 | +1.3% |
| Equity | 10/15 | -€459,774 | -€479,007 | -€19,233 | -4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€478,374 | -€497,607 | -€19,233 | -4.0% |
| Amounts payable | 17/49 | €656,259 | €678,123 | +€21,864 | +3.3% |
| Amounts payable within one year | 42/48 | €656,259 | €678,123 | +€21,864 | +3.3% |
| Trade debts | 44 | €3,114 | €958 | -€2,157 | -69.2% |
| Suppliers | 440/4 | €3,114 | €958 | -€2,157 | -69.2% |
| Other amounts payable | 47/48 | €653,145 | €677,166 | +€24,021 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,018 | €6,347 | -€8,672 | -57.7% |
| Other operating charges | 640/8 | €2,719 | €2,493 | -€226 | -8.3% |
| Gross operating margin | 9900 | -€66,857 | -€9,830 | +€57,027 | +85.3% |
| Operating profit (loss) | 9901 | -€84,595 | -€18,670 | +€65,924 | +77.9% |
| Financial charges | 65/66B | €525 | €563 | +€38 | +7.2% |
| Recurring financial charges | 65 | €525 | €563 | +€38 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€85,120 | -€19,233 | +€65,887 | +77.4% |
| Profit (loss) for the period | 9904 | -€85,120 | -€19,233 | +€65,887 | +77.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,120 | -€19,233 | +€65,887 | +77.4% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.