BROECKX: 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.
BROECKX
Largest movements
- Receivables within one year -€159,231
down €159,231 (-17.9%), from €890,754 to €731,523
of which Other amounts receivable: -€217,229
- Current investments +€125,154
up €125,154 (+19.3%), from €648,600 to €773,755
- Tangible fixed assets +€104,680
up €104,680 (+15.8%), from €664,215 to €768,895
of which Land and buildings: +€73,437
- Tax, wage and social debts +€83,286
up €83,286 (+165.7%), from €50,253 to €133,538
- Reserves +€74,611
up €74,611 (+4.3%), from €1.7m to €1.8m
of which Distributable reserves: +€74,611
- Accrued charges and deferred income -€50,000
down €50,000 (-99.8%), from €50,083 to €83
- Trade debts -€32,786
down €32,786 (-90.2%), from €36,330 to €3,545
- Debts after one year -€24,277
down €24,277 (-7.3%), from €334,314 to €310,036
- Gross operating margin +€109,697
up €109,697 (+14.3%), from €767,865 to €877,562
- Taxes +€57,458
up €57,458 (+33.3%), from €172,607 to €230,065
- Financial income -€54,692
down €54,692 (-56.0%), from €97,658 to €42,966
- Depreciation -€43,441
down €43,441 (-78.3%), from €55,498 to €12,057
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 | €2,265,279 | €2,312,292 | +€47,014 | +2.1% |
| Fixed assets | 21/28 | €664,215 | €768,895 | +€104,680 | +15.8% |
| Tangible fixed assets | 22/27 | €664,215 | €768,895 | +€104,680 | +15.8% |
| Land and buildings | 22 | €657,759 | €731,195 | +€73,437 | +11.2% |
| Plant, machinery and equipment | 23 | €843 | €561 | -€282 | -33.5% |
| Furniture and vehicles | 24 | €704 | €0 | -€704 | -100.0% |
| Other tangible fixed assets | 26 | €4,910 | €37,139 | +€32,229 | +656.5% |
| Current assets | 29/58 | €1,601,063 | €1,543,397 | -€57,667 | -3.6% |
| Amounts receivable within one year | 40/41 | €890,754 | €731,523 | -€159,231 | -17.9% |
| Trade receivables | 40 | €402,544 | €460,542 | +€57,999 | +14.4% |
| Other amounts receivable | 41 | €488,210 | €270,981 | -€217,229 | -44.5% |
| Current investments | 50/53 | €648,600 | €773,755 | +€125,154 | +19.3% |
| Cash at bank and in hand | 54/58 | €55,531 | €35,511 | -€20,020 | -36.1% |
| Deferred charges and accrued income | 490/1 | €6,178 | €2,607 | -€3,570 | -57.8% |
| Total equity and liabilities | 10/49 | €2,265,279 | €2,312,292 | +€47,014 | +2.1% |
| Equity | 10/15 | €1,770,358 | €1,844,969 | +€74,611 | +4.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,745,358 | €1,819,969 | +€74,611 | +4.3% |
| Tax-exempt reserves | 132 | €210,500 | €210,500 | = | 0.0% |
| Distributable reserves | 133 | €1,534,858 | €1,609,469 | +€74,611 | +4.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €494,921 | €467,323 | -€27,597 | -5.6% |
| Amounts payable after more than one year | 17 | €334,314 | €310,036 | -€24,277 | -7.3% |
| Financial debts | 170/4 | €334,314 | €310,036 | -€24,277 | -7.3% |
| Amounts payable within one year | 42/48 | €110,524 | €157,204 | +€46,680 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €23,941 | €20,121 | -€3,819 | -16.0% |
| Trade debts | 44 | €36,330 | €3,545 | -€32,786 | -90.2% |
| Suppliers | 440/4 | €36,330 | €3,545 | -€32,786 | -90.2% |
| Taxes, remuneration and social security | 45 | €50,253 | €133,538 | +€83,286 | +165.7% |
| Taxes | 450/3 | €50,253 | €133,538 | +€83,286 | +165.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €50,083 | €83 | -€50,000 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,498 | €12,057 | -€43,441 | -78.3% |
| Other operating charges | 640/8 | €4,027 | €3,307 | -€720 | -17.9% |
| Gross operating margin | 9900 | €767,865 | €877,562 | +€109,697 | +14.3% |
| Operating profit (loss) | 9901 | €708,341 | €862,199 | +€153,858 | +21.7% |
| Financial income | 75/76B | €97,658 | €42,966 | -€54,692 | -56.0% |
| Recurring financial income | 75 | €97,658 | €42,966 | -€54,692 | -56.0% |
| Financial charges | 65/66B | €5,755 | €489 | -€5,266 | -91.5% |
| Recurring financial charges | 65 | €5,755 | €489 | -€5,266 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €800,244 | €904,676 | +€104,432 | +13.0% |
| Income taxes | 67/77 | €172,607 | €230,065 | +€57,458 | +33.3% |
| Profit (loss) for the period | 9904 | €627,637 | €674,611 | +€46,973 | +7.5% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €0 | -€210,500 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €417,137 | €674,611 | +€257,473 | +61.7% |
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.