BROEKMANS: 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.
BROEKMANS
Largest movements
- Tangible fixed assets +€122,741
up €122,741 (+23.4%), from €525,655 to €648,396
of which Land and buildings: +€161,902
- Current investments -€30,000
down €30,000 (-12.1%), from €248,725 to €218,725
- Cash -€16,430
down €16,430 (-26.8%), from €61,354 to €44,924
mainly Investment in fixed assets (net) (-€180,112) and Other debts (-€45,098)
- Reserves +€123,265
up €123,265 (+17.1%), from €722,011 to €845,276
of which Distributable reserves: +€123,265
- Other debts -€45,098
down €45,098 (-97.6%), from €46,187 to €1,088
- Debts after one year -€19,923
down €19,923 (-7.2%), from €277,036 to €257,113
of which Financial debts: -€19,923
- Gross operating margin +€48,818
up €48,818 (+15.5%), from €314,048 to €362,866
- Staff costs +€22,555
up €22,555 (+24.5%), from €92,183 to €114,738
- Depreciation +€6,157
up €6,157 (+12.0%), from €51,214 to €57,371
- Financial income -€5,119
down €5,119 (-65.6%), from €7,797 to €2,679
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 | €1,090,595 | €1,161,356 | +€70,761 | +6.5% |
| Fixed assets | 21/28 | €525,655 | €648,396 | +€122,741 | +23.4% |
| Tangible fixed assets | 22/27 | €525,655 | €648,396 | +€122,741 | +23.4% |
| Land and buildings | 22 | €370,388 | €532,290 | +€161,902 | +43.7% |
| Plant, machinery and equipment | 23 | €32,494 | €28,953 | -€3,542 | -10.9% |
| Furniture and vehicles | 24 | €122,772 | €87,154 | -€35,618 | -29.0% |
| Current assets | 29/58 | €564,941 | €512,960 | -€51,980 | -9.2% |
| Amounts receivable within one year | 40/41 | €253,917 | €246,756 | -€7,161 | -2.8% |
| Trade receivables | 40 | €78,948 | €79,514 | +€566 | +0.7% |
| Other amounts receivable | 41 | €174,969 | €167,242 | -€7,727 | -4.4% |
| Current investments | 50/53 | €248,725 | €218,725 | -€30,000 | -12.1% |
| Cash at bank and in hand | 54/58 | €61,354 | €44,924 | -€16,430 | -26.8% |
| Deferred charges and accrued income | 490/1 | €945 | €2,557 | +€1,611 | +170.5% |
| Total equity and liabilities | 10/49 | €1,090,595 | €1,161,356 | +€70,761 | +6.5% |
| Equity | 10/15 | €740,603 | €863,868 | +€123,265 | +16.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €722,011 | €845,276 | +€123,265 | +17.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,124 | €54,124 | = | 0.0% |
| Distributable reserves | 133 | €666,027 | €789,292 | +€123,265 | +18.5% |
| Amounts payable | 17/49 | €349,993 | €297,489 | -€52,504 | -15.0% |
| Amounts payable after more than one year | 17 | €277,036 | €257,113 | -€19,923 | -7.2% |
| Financial debts | 170/4 | €275,186 | €255,263 | -€19,923 | -7.2% |
| Other amounts payable | 178/9 | €1,850 | €1,850 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,957 | €40,376 | -€32,581 | -44.7% |
| Current portion of amounts payable after more than one year | 42 | €19,562 | €19,923 | +€361 | +1.8% |
| Trade debts | 44 | €7,208 | €17,975 | +€10,767 | +149.4% |
| Suppliers | 440/4 | €7,208 | €17,975 | +€10,767 | +149.4% |
| Taxes, remuneration and social security | 45 | - | €1,389 | +€1,389 | |
| Taxes | 450/3 | - | €1,389 | +€1,389 | |
| Other amounts payable | 47/48 | €46,187 | €1,088 | -€45,098 | -97.6% |
| Non-recurring operating income | 76A | €2,405 | - | -€2,405 | |
| Remuneration, social security and pensions | 62 | €92,183 | €114,738 | +€22,555 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,214 | €57,371 | +€6,157 | +12.0% |
| Other operating charges | 640/8 | €1,158 | €1,238 | +€80 | +6.9% |
| Gross operating margin | 9900 | €314,048 | €362,866 | +€48,818 | +15.5% |
| Operating profit (loss) | 9901 | €169,493 | €189,520 | +€20,026 | +11.8% |
| Financial income | 75/76B | €7,797 | €2,679 | -€5,119 | -65.6% |
| Recurring financial income | 75 | €7,797 | €2,679 | -€5,119 | -65.6% |
| Financial charges | 65/66B | €5,861 | €5,574 | -€287 | -4.9% |
| Recurring financial charges | 65 | €5,861 | €5,574 | -€287 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €171,430 | €186,624 | +€15,194 | +8.9% |
| Income taxes | 67/77 | €66,082 | €63,359 | -€2,724 | -4.1% |
| Profit (loss) for the period | 9904 | €105,347 | €123,265 | +€17,918 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €105,347 | €123,265 | +€17,918 | +17.0% |
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 5 October 2026 via checked.be.