BROEKX: 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.
BROEKX
Largest movements
- Tangible fixed assets +€657,175
up €657,175 (+39.5%), from €1.7m to €2.3m
of which Plant, machinery and equipment: +€463,868
- Cash -€171,320
down €171,320 (-34.0%), from €504,604 to €333,284
mainly Investment in fixed assets (net) (-€1.4m) and Current portion of long-term debt (-€110,324)
- Receivables within one year +€80,719
up €80,719 (+9.8%), from €822,284 to €903,003
of which Other amounts receivable: +€104,213
- Reserves +€421,309
up €421,309 (+38.8%), from €1.1m to €1.5m
of which Distributable reserves: +€350,051
- Debts after one year +€125,740
up €125,740 (+13.7%), from €919,646 to €1.0m
- Current portion of long-term debt -€110,324
down €110,324 (-17.6%), from €625,421 to €515,097
- Other debts +€80,521
new in 2025: €80,521
- Trade debts -€51,923
down €51,923 (-12.4%), from €418,033 to €366,110
- Gross operating margin +€287,451
up €287,451 (+16.6%), from €1.7m to €2.0m
- Depreciation +€136,748
up €136,748 (+21.8%), from €627,544 to €764,292
- Staff costs -€28,558
down €28,558 (-4.4%), from €646,438 to €617,881
- Taxes -€25,331
down €25,331 (-19.0%), from €133,109 to €107,778
- Financial charges +€20,624
up €20,624 (+67.0%), from €30,790 to €51,413
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 | €3,228,890 | €3,736,770 | +€507,880 | +15.7% |
| Fixed assets | 21/28 | €1,712,971 | €2,360,412 | +€647,442 | +37.8% |
| Intangible fixed assets | 21 | €35,746 | €21,013 | -€14,734 | -41.2% |
| Tangible fixed assets | 22/27 | €1,663,225 | €2,320,400 | +€657,175 | +39.5% |
| Plant, machinery and equipment | 23 | €1,213,188 | €1,677,056 | +€463,868 | +38.2% |
| Furniture and vehicles | 24 | €77,762 | €63,014 | -€14,747 | -19.0% |
| Leasing and similar rights | 25 | €372,275 | €474,118 | +€101,843 | +27.4% |
| Other tangible fixed assets | 26 | - | €106,212 | +€106,212 | |
| Financial fixed assets | 28 | €14,000 | €19,000 | +€5,000 | +35.7% |
| Current assets | 29/58 | €1,515,919 | €1,376,358 | -€139,561 | -9.2% |
| Stocks and contracts in progress | 3 | €157,261 | €120,330 | -€36,931 | -23.5% |
| Stocks | 30/36 | €157,261 | €120,330 | -€36,931 | -23.5% |
| Amounts receivable within one year | 40/41 | €822,284 | €903,003 | +€80,719 | +9.8% |
| Trade receivables | 40 | €361,977 | €338,483 | -€23,494 | -6.5% |
| Other amounts receivable | 41 | €460,307 | €564,520 | +€104,213 | +22.6% |
| Cash at bank and in hand | 54/58 | €504,604 | €333,284 | -€171,320 | -34.0% |
| Deferred charges and accrued income | 490/1 | €31,770 | €19,741 | -€12,029 | -37.9% |
| Total equity and liabilities | 10/49 | €3,228,890 | €3,736,770 | +€507,880 | +15.7% |
| Equity | 10/15 | €1,103,769 | €1,525,079 | +€421,309 | +38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,085,169 | €1,506,479 | +€421,309 | +38.8% |
| Tax-exempt reserves | 132 | €505,566 | €576,824 | +€71,258 | +14.1% |
| Distributable reserves | 133 | €579,604 | €929,654 | +€350,051 | +60.4% |
| Provisions and deferred taxes | 16 | €78,072 | €101,825 | +€23,753 | +30.4% |
| Deferred taxes | 168 | €78,072 | €101,825 | +€23,753 | +30.4% |
| Amounts payable | 17/49 | €2,047,049 | €2,109,867 | +€62,818 | +3.1% |
| Amounts payable after more than one year | 17 | €919,646 | €1,045,387 | +€125,740 | +13.7% |
| Financial debts | 170/4 | €919,646 | €1,045,387 | +€125,740 | +13.7% |
| Amounts payable within one year | 42/48 | €1,101,302 | €1,041,380 | -€59,922 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €625,421 | €515,097 | -€110,324 | -17.6% |
| Trade debts | 44 | €418,033 | €366,110 | -€51,923 | -12.4% |
| Suppliers | 440/4 | €418,033 | €366,110 | -€51,923 | -12.4% |
| Taxes, remuneration and social security | 45 | €57,849 | €79,652 | +€21,803 | +37.7% |
| Taxes | 450/3 | €1,150 | €23,927 | +€22,777 | +1981.3% |
| Remuneration and social security | 454/9 | €56,699 | €55,725 | -€974 | -1.7% |
| Other amounts payable | 47/48 | - | €80,521 | +€80,521 | |
| Accrued charges and deferred income | 492/3 | €26,100 | €23,100 | -€3,000 | -11.5% |
| Remuneration, social security and pensions | 62 | €646,438 | €617,881 | -€28,558 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627,544 | €764,292 | +€136,748 | +21.8% |
| Other operating charges | 640/8 | €31,493 | €38,420 | +€6,927 | +22.0% |
| Non-recurring operating charges | 66A | - | €12,500 | +€12,500 | |
| Gross operating margin | 9900 | €1,734,326 | €2,021,777 | +€287,451 | +16.6% |
| Operating profit (loss) | 9901 | €428,851 | €588,684 | +€159,833 | +37.3% |
| Financial income | 75/76B | €10,973 | €15,569 | +€4,595 | +41.9% |
| Recurring financial income | 75 | €10,973 | €15,569 | +€4,595 | +41.9% |
| Financial charges | 65/66B | €30,790 | €51,413 | +€20,624 | +67.0% |
| Recurring financial charges | 65 | €30,790 | €51,413 | +€20,624 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €409,035 | €552,840 | +€143,805 | +35.2% |
| Transfer from deferred taxes | 780 | €43,864 | €53,296 | +€9,432 | +21.5% |
| Transfer to deferred taxes | 680 | €8,067 | €77,049 | +€68,981 | +855.1% |
| Income taxes | 67/77 | €133,109 | €107,778 | -€25,331 | -19.0% |
| Profit (loss) for the period | 9904 | €311,722 | €421,309 | +€109,587 | +35.2% |
| Transfer from tax-exempt reserves | 789 | €131,591 | €159,887 | +€28,297 | +21.5% |
| Transfer to tax-exempt reserves | 689 | €276,801 | €231,146 | -€45,656 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €166,511 | €350,051 | +€183,540 | +110.2% |
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.