BROERS: 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.
BROERS
Largest movements
- Cash +€30,127
up €30,127 (+79.7%), from €37,788 to €67,915
mainly Net result for the year (+€29,467) and Depreciation (+€20,129)
- Tangible fixed assets -€18,620
down €18,620 (-20.7%), from €89,906 to €71,286
of which Plant, machinery and equipment: -€48,909
- Reserves +€49,267
up €49,267 (+2655.9%), from €1,855 to €51,122
of which Distributable reserves: +€49,267
- Profit (loss) carried forward -€19,800
no longer reported in 2024 (was €19,800)
- Other debts -€15,690
down €15,690 (-17.1%), from €91,942 to €76,253
- Trade debts -€3,929
down €3,929 (-42.5%), from €9,245 to €5,316
- Tax, wage and social debts +€2,333
up €2,333 (+50.2%), from €4,647 to €6,980
of which Taxes: +€6,333
- Gross operating margin +€40,192
up €40,192 (+188.3%), from €21,341 to €61,532
- Depreciation -€6,462
down €6,462 (-24.3%), from €26,590 to €20,129
- Taxes +€5,457
up €5,457 (+1726.6%), from €316 to €5,773
- Financial charges +€3,058
up €3,058 (+335.3%), from €912 to €3,971
- Other operating charges -€628
down €628 (-23.2%), from €2,701 to €2,073
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,689 | €145,871 | +€12,182 | +9.1% |
| Fixed assets | 21/28 | €89,906 | €71,286 | -€18,620 | -20.7% |
| Tangible fixed assets | 22/27 | €89,906 | €71,286 | -€18,620 | -20.7% |
| Land and buildings | 22 | - | €29,000 | +€29,000 | |
| Plant, machinery and equipment | 23 | €89,906 | €40,997 | -€48,909 | -54.4% |
| Furniture and vehicles | 24 | - | €1,289 | +€1,289 | |
| Current assets | 29/58 | €43,783 | €74,585 | +€30,801 | +70.3% |
| Stocks and contracts in progress | 3 | €3,468 | €4,879 | +€1,411 | +40.7% |
| Stocks | 30/36 | €3,468 | €4,879 | +€1,411 | +40.7% |
| Amounts receivable within one year | 40/41 | €900 | €89 | -€811 | -90.1% |
| Other amounts receivable | 41 | €900 | €89 | -€811 | -90.1% |
| Cash at bank and in hand | 54/58 | €37,788 | €67,915 | +€30,127 | +79.7% |
| Deferred charges and accrued income | 490/1 | €1,627 | €1,702 | +€75 | +4.6% |
| Total equity and liabilities | 10/49 | €133,689 | €145,871 | +€12,182 | +9.1% |
| Equity | 10/15 | €27,855 | €57,322 | +€29,467 | +105.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €51,122 | +€49,267 | +2655.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | - | €49,267 | +€49,267 | |
| Profit (loss) carried forward | 14 | €19,800 | - | -€19,800 | |
| Amounts payable | 17/49 | €105,834 | €88,549 | -€17,285 | -16.3% |
| Amounts payable within one year | 42/48 | €105,834 | €88,549 | -€17,285 | -16.3% |
| Trade debts | 44 | €9,245 | €5,316 | -€3,929 | -42.5% |
| Suppliers | 440/4 | €9,245 | €5,316 | -€3,929 | -42.5% |
| Taxes, remuneration and social security | 45 | €4,647 | €6,980 | +€2,333 | +50.2% |
| Taxes | 450/3 | €647 | €6,980 | +€6,333 | +978.9% |
| Remuneration and social security | 454/9 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €91,942 | €76,253 | -€15,690 | -17.1% |
| Remuneration, social security and pensions | 62 | €160 | €163 | +€3 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,590 | €20,129 | -€6,462 | -24.3% |
| Other operating charges | 640/8 | €2,701 | €2,073 | -€628 | -23.2% |
| Gross operating margin | 9900 | €21,341 | €61,532 | +€40,192 | +188.3% |
| Operating profit (loss) | 9901 | -€8,110 | €39,167 | +€47,278 | |
| Financial income | 75/76B | €1 | €44 | +€42 | +3108.1% |
| Recurring financial income | 75 | €1 | €44 | +€42 | +3108.1% |
| Financial charges | 65/66B | €912 | €3,971 | +€3,058 | +335.3% |
| Recurring financial charges | 65 | €912 | €3,971 | +€3,058 | +335.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,021 | €35,240 | +€44,262 | |
| Income taxes | 67/77 | €316 | €5,773 | +€5,457 | +1726.6% |
| Profit (loss) for the period | 9904 | -€9,337 | €29,467 | +€38,804 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,337 | €29,467 | +€38,804 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.