BROEIERIJ DAVID: 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.
What changed
BROEIERIJ DAVID
NACE 01.471, Crop and animal production, hunting and related service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€524,318
2024 · €384,821+€139,497
Equity
€5.9m
2024 · €5.3m+€524,318
Cash
€6.2m
2024 · €3.3m+€2.9m
Balance sheet total
€25.1m
2024 · €21.3m+€3.8m
Largest movements
Assets
- Cash +€2.9m
up €2.9m (+87.7%), from €3.3m to €6.2m
mainly Trade debts (+€3.7m) and Depreciation (+€800,364)
- Receivables within one year +€933,258
up €933,258 (+11.8%), from €7.9m to €8.8m
of which Trade receivables: +€700,393
Equity and liabilities
- Trade debts +€3.7m
up €3.7m (+38.6%), from €9.5m to €13.2m
- Debts after one year -€585,335
down €585,335 (-11.1%), from €5.3m to €4.7m
- Reserves +€524,318
up €524,318 (+10.3%), from €5.1m to €5.6m
of which Distributable reserves: +€317,641
Income statement
- Turnover +€10.5m
up €10.5m (+20.9%), from €50.2m to €60.7m
- Goods and materials +€6.8m
up €6.8m (+18.6%), from €36.8m to €43.6m
of which Purchases: +€5.6m
- Services and other goods +€2.9m
up €2.9m (+29.4%), from €9.9m to €12.9m
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.
Result 2024
€384,821
Turnover
+€10.5m
Other operating income
-€256,988
Goods and materials
-€6.8m
Services and other goods
-€2.9m
Staff costs
-€306,785
Depreciation
+€838
Write-downs
+€3,521
Other operating charges
+€251
Other operating items
+€1,490
Financial income
-€7,676
Financial charges
+€8,039
Taxes
-€19,713
Deferred taxes and other
+€6
Result 2025
€524,318
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€4.4m
Investment
-€875,926
Financing
-€628,082
Cash 2024
€3.3m
From operations (derived)
+€4.4m
Net result for the year
+€524,318
Depreciation
+€800,364
Stocks and contracts
+€40,197
Receivables within one year
-€933,258
Deferred charges and accrued income
+€96,959
Smaller working-capital items
-€1,384
Trade debts
+€3.7m
Tax, wage and social debts
+€86,283
Other debts
+€96,715
Investment (derived)
-€875,926
Investment in fixed assets (net)
-€875,926
Financing
-€628,082
Debts after one year
-€585,335
Current portion of long-term debt
-€42,746
Cash 2025
€6.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,311,633 | €25,065,345 | +€3.8m | +17.6% |
| Fixed assets | 21/28 | €2,729,701 | €2,805,263 | +€75,562 | +2.8% |
| Intangible fixed assets | 21 | - | €20,853 | +€20,853 | |
| Tangible fixed assets | 22/27 | €2,722,261 | €2,776,970 | +€54,710 | +2.0% |
| Land and buildings | 22 | €622,873 | €518,937 | -€103,936 | -16.7% |
| Plant, machinery and equipment | 23 | €1,244,228 | €1,605,029 | +€360,800 | +29.0% |
| Furniture and vehicles | 24 | €78,095 | €148,930 | +€70,835 | +90.7% |
| Leasing and similar rights | 25 | €777,064 | €504,075 | -€272,989 | -35.1% |
| Financial fixed assets | 28 | €7,440 | €7,440 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,440 | €7,440 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €7,440 | €7,440 | = | 0.0% |
| Current assets | 29/58 | €18,581,932 | €22,260,082 | +€3.7m | +19.8% |
| Stocks and contracts in progress | 3 | €7,132,458 | €7,092,262 | -€40,197 | -0.6% |
| Stocks | 30/36 | €7,132,458 | €7,092,262 | -€40,197 | -0.6% |
| Raw materials and consumables | 30/31 | €7,132,458 | €7,092,262 | -€40,197 | -0.6% |
| Amounts receivable within one year | 40/41 | €7,911,398 | €8,844,657 | +€933,258 | +11.8% |
| Trade receivables | 40 | €7,251,430 | €7,951,823 | +€700,393 | +9.7% |
| Other amounts receivable | 41 | €659,968 | €892,833 | +€232,865 | +35.3% |
| Cash at bank and in hand | 54/58 | €3,284,949 | €6,166,996 | +€2.9m | +87.7% |
| Deferred charges and accrued income | 490/1 | €253,127 | €156,168 | -€96,959 | -38.3% |
| Total equity and liabilities | 10/49 | €21,311,633 | €25,065,345 | +€3.8m | +17.6% |
| Equity | 10/15 | €5,347,032 | €5,871,350 | +€524,318 | +9.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €5,097,032 | €5,621,350 | +€524,318 | +10.3% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €428,237 | €634,913 | +€206,677 | +48.3% |
| Distributable reserves | 133 | €4,643,795 | €4,961,437 | +€317,641 | +6.8% |
| Provisions and deferred taxes | 16 | €3,571 | €2,297 | -€1,274 | -35.7% |
| Deferred taxes | 168 | €3,571 | €2,297 | -€1,274 | -35.7% |
| Amounts payable | 17/49 | €15,961,029 | €19,191,698 | +€3.2m | +20.2% |
| Amounts payable after more than one year | 17 | €5,285,786 | €4,700,451 | -€585,335 | -11.1% |
| Financial debts | 170/4 | €5,285,786 | €4,700,451 | -€585,335 | -11.1% |
| Leasing and similar obligations | 172 | €500,797 | €258,935 | -€241,862 | -48.3% |
| Credit institutions | 173 | €633,453 | €363,294 | -€270,160 | -42.6% |
| Other loans | 174 | €4,151,535 | €4,078,222 | -€73,314 | -1.8% |
| Amounts payable within one year | 42/48 | €10,672,567 | €14,488,680 | +€3.8m | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €713,821 | €671,075 | -€42,746 | -6.0% |
| Trade debts | 44 | €9,520,163 | €13,196,024 | +€3.7m | +38.6% |
| Suppliers | 440/4 | €9,520,163 | €13,196,024 | +€3.7m | +38.6% |
| Taxes, remuneration and social security | 45 | €434,287 | €520,570 | +€86,283 | +19.9% |
| Taxes | 450/3 | €135,861 | €96,031 | -€39,830 | -29.3% |
| Remuneration and social security | 454/9 | €298,426 | €424,539 | +€126,113 | +42.3% |
| Other amounts payable | 47/48 | €4,296 | €101,011 | +€96,715 | +2,251% |
| Accrued charges and deferred income | 492/3 | €2,676 | €2,567 | -€109 | -4.1% |
| Operating income | 70/76A | €50,658,651 | €60,893,181 | +€10.2m | +20.2% |
| Turnover | 70 | €50,249,328 | €60,730,306 | +€10.5m | +20.9% |
| Other operating income | 74 | €405,251 | €148,263 | -€256,988 | -63.4% |
| Non-recurring operating income | 76A | €4,072 | €14,612 | +€10,541 | +259% |
| Operating charges | 60/66A | €49,864,566 | €59,940,254 | +€10.1m | +20.2% |
| Goods for resale, raw materials and consumables | 60 | €36,799,482 | €43,640,521 | +€6.8m | +18.6% |
| Purchases | 600/8 | €37,951,435 | €43,600,324 | +€5.6m | +14.9% |
| Change in stocks: decrease (increase) | 609 | -€1,151,953 | €40,197 | +€1.2m | |
| Services and other goods | 61 | €9,944,389 | €12,867,813 | +€2.9m | +29.4% |
| Remuneration, social security and pensions | 62 | €2,294,070 | €2,600,855 | +€306,785 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €801,201 | €800,364 | -€838 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€44,702 | -€48,222 | -€3,521 | -7.9% |
| Other operating charges | 640/8 | €58,696 | €58,445 | -€251 | -0.4% |
| Non-recurring operating charges | 66A | €11,429 | €20,480 | +€9,051 | +79.2% |
| Operating profit (loss) | 9901 | €794,085 | €952,927 | +€158,841 | +20.0% |
| Financial income | 75/76B | €8,039 | €363 | -€7,676 | -95.5% |
| Recurring financial income | 75 | €8,039 | €363 | -€7,676 | -95.5% |
| Income from financial fixed assets | 750 | €6,181 | €3 | -€6,179 | -100.0% |
| Other financial income | 752/9 | €1,857 | €360 | -€1,497 | -80.6% |
| Financial charges | 65/66B | €232,860 | €224,820 | -€8,039 | -3.5% |
| Recurring financial charges | 65 | €232,860 | €224,820 | -€8,039 | -3.5% |
| Debt charges | 650 | €232,530 | €220,111 | -€12,419 | -5.3% |
| Other financial charges | 652/9 | €330 | €4,709 | +€4,380 | +1,329% |
| Profit (loss) for the period before taxes | 9903 | €569,265 | €728,469 | +€159,204 | +28.0% |
| Transfer from deferred taxes | 780 | €1,269 | €1,274 | +€6 | +0.5% |
| Income taxes | 67/77 | €185,712 | €205,425 | +€19,713 | +10.6% |
| Taxes | 670/3 | €185,712 | €205,425 | +€19,713 | +10.6% |
| Profit (loss) for the period | 9904 | €384,821 | €524,318 | +€139,497 | +36.2% |
| Transfer from tax-exempt reserves | 789 | €3,806 | €3,823 | +€17 | +0.5% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €210,500 | +€105,250 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €283,377 | €317,641 | +€34,264 | +12.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.