Broeckaert: 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.
Broeckaert
Largest movements
- Cash +€44,534
up €44,534 (+19.5%), from €228,254 to €272,787
mainly Net result for the year (+€34,097) and Depreciation (+€13,215)
- Tangible fixed assets -€13,215
down €13,215 (-86.9%), from €15,212 to €1,997
- Reserves +€34,097
up €34,097 (+17.0%), from €200,306 to €234,403
of which Distributable reserves: +€34,097
- Trade debts -€6,752
down €6,752 (-75.4%), from €8,952 to €2,200
- Tax, wage and social debts +€3,992
up €3,992 (+24.7%), from €16,164 to €20,156
- Gross operating margin +€12,492
up €12,492 (+24.1%), from €51,897 to €64,389
- Taxes +€2,920
up €2,920 (+19.5%), from €14,995 to €17,915
- Financial income +€690
up €690 (+81.1%), from €851 to €1,541
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 | €244,159 | €275,495 | +€31,336 | +12.8% |
| Fixed assets | 21/28 | €15,212 | €1,997 | -€13,215 | -86.9% |
| Tangible fixed assets | 22/27 | €15,212 | €1,997 | -€13,215 | -86.9% |
| Furniture and vehicles | 24 | €15,212 | €1,997 | -€13,215 | -86.9% |
| Current assets | 29/58 | €228,947 | €273,498 | +€44,551 | +19.5% |
| Cash at bank and in hand | 54/58 | €228,254 | €272,787 | +€44,534 | +19.5% |
| Deferred charges and accrued income | 490/1 | €693 | €711 | +€17 | +2.5% |
| Total equity and liabilities | 10/49 | €244,159 | €275,495 | +€31,336 | +12.8% |
| Equity | 10/15 | €218,906 | €253,003 | +€34,097 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,306 | €234,403 | +€34,097 | +17.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €198,446 | €232,543 | +€34,097 | +17.2% |
| Amounts payable | 17/49 | €25,252 | €22,492 | -€2,761 | -10.9% |
| Amounts payable within one year | 42/48 | €25,252 | €22,492 | -€2,761 | -10.9% |
| Trade debts | 44 | €8,952 | €2,200 | -€6,752 | -75.4% |
| Suppliers | 440/4 | €8,952 | €2,200 | -€6,752 | -75.4% |
| Taxes, remuneration and social security | 45 | €16,164 | €20,156 | +€3,992 | +24.7% |
| Taxes | 450/3 | €16,164 | €20,156 | +€3,992 | +24.7% |
| Other amounts payable | 47/48 | €136 | €136 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,215 | €13,215 | = | 0.0% |
| Other operating charges | 640/8 | €984 | €585 | -€399 | -40.5% |
| Gross operating margin | 9900 | €51,897 | €64,389 | +€12,492 | +24.1% |
| Operating profit (loss) | 9901 | €37,698 | €50,589 | +€12,891 | +34.2% |
| Financial income | 75/76B | €851 | €1,541 | +€690 | +81.1% |
| Recurring financial income | 75 | €851 | €1,541 | +€690 | +81.1% |
| Financial charges | 65/66B | €261 | €118 | -€143 | -54.8% |
| Recurring financial charges | 65 | €261 | €118 | -€143 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | €38,288 | €52,012 | +€13,724 | +35.8% |
| Income taxes | 67/77 | €14,995 | €17,915 | +€2,920 | +19.5% |
| Profit (loss) for the period | 9904 | €23,293 | €34,097 | +€10,804 | +46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,293 | €34,097 | +€10,804 | +46.4% |
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 3 October 2026 via checked.be.