BROES J.: 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.
BROES J.
Largest movements
- Tangible fixed assets -€511,079
down €511,079 (-43.4%), from €1.2m to €667,087
of which Land and buildings: -€495,429
- Receivables within one year +€438,401
up €438,401 (+61.2%), from €716,636 to €1.2m
of which Trade receivables: +€436,681
- Current portion of long-term debt -€426,414
down €426,414 (-77.6%), from €549,781 to €123,368
- Advances received +€201,347
up €201,347 (+256%), from €78,649 to €279,996
- Trade debts +€133,801
up €133,801 (+40.0%), from €334,416 to €468,217
- Reserves +€87,266
up €87,266 (+24.4%), from €357,756 to €445,022
- Other debts -€38,494
down €38,494 (-36.9%), from €104,273 to €65,779
- Depreciation -€90,392
down €90,392 (-32.0%), from €282,044 to €191,651
- Gross operating margin -€25,288
down €25,288 (-5.7%), from €443,481 to €418,192
- Write-downs +€14,194
up €14,194, from -€10,478 to €3,716
- Staff costs +€10,933
up €10,933 (+20.7%), from €52,924 to €63,857
- Taxes +€10,281
up €10,281 (+43.9%), from €23,421 to €33,701
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,007,080 | €1,928,721 | -€78,359 | -3.9% |
| Fixed assets | 21/28 | €1,178,166 | €667,087 | -€511,079 | -43.4% |
| Tangible fixed assets | 22/27 | €1,178,166 | €667,087 | -€511,079 | -43.4% |
| Land and buildings | 22 | €683,383 | €187,954 | -€495,429 | -72.5% |
| Plant, machinery and equipment | 23 | €489,720 | €376,762 | -€112,958 | -23.1% |
| Furniture and vehicles | 24 | €5,063 | €102,371 | +€97,308 | +1,922% |
| Current assets | 29/58 | €828,913 | €1,261,634 | +€432,721 | +52.2% |
| Stocks and contracts in progress | 3 | €30,870 | €33,445 | +€2,575 | +8.3% |
| Stocks | 30/36 | €30,870 | €33,445 | +€2,575 | +8.3% |
| Amounts receivable within one year | 40/41 | €716,636 | €1,155,037 | +€438,401 | +61.2% |
| Trade receivables | 40 | €690,249 | €1,126,931 | +€436,681 | +63.3% |
| Other amounts receivable | 41 | €26,387 | €28,107 | +€1,720 | +6.5% |
| Cash at bank and in hand | 54/58 | €81,407 | €73,151 | -€8,256 | -10.1% |
| Total equity and liabilities | 10/49 | €2,007,080 | €1,928,721 | -€78,359 | -3.9% |
| Equity | 10/15 | €586,321 | €673,587 | +€87,266 | +14.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €357,756 | €445,022 | +€87,266 | +24.4% |
| Distributable reserves | 133 | €357,756 | €445,022 | +€87,266 | +24.4% |
| Profit (loss) carried forward | 14 | €210,015 | €210,015 | = | 0.0% |
| Amounts payable | 17/49 | €1,420,758 | €1,255,134 | -€165,624 | -11.7% |
| Amounts payable after more than one year | 17 | €299,580 | €274,929 | -€24,651 | -8.2% |
| Financial debts | 170/4 | €299,580 | €274,929 | -€24,651 | -8.2% |
| Amounts payable within one year | 42/48 | €1,100,641 | €980,205 | -€120,436 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €549,781 | €123,368 | -€426,414 | -77.6% |
| Financial debts | 43 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Credit institutions | 430/8 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Trade debts | 44 | €334,416 | €468,217 | +€133,801 | +40.0% |
| Suppliers | 440/4 | €334,416 | €468,217 | +€133,801 | +40.0% |
| Advances received on contracts in progress | 46 | €78,649 | €279,996 | +€201,347 | +256% |
| Taxes, remuneration and social security | 45 | €23,522 | €27,845 | +€4,324 | +18.4% |
| Taxes | 450/3 | €13,860 | €18,792 | +€4,931 | +35.6% |
| Remuneration and social security | 454/9 | €9,661 | €9,053 | -€608 | -6.3% |
| Other amounts payable | 47/48 | €104,273 | €65,779 | -€38,494 | -36.9% |
| Accrued charges and deferred income | 492/3 | €20,537 | €0 | -€20,537 | -100% |
| Non-recurring operating income | 76A | - | €18,711 | +€18,711 | |
| Remuneration, social security and pensions | 62 | €52,924 | €63,857 | +€10,933 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,044 | €191,651 | -€90,392 | -32.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,478 | €3,716 | +€14,194 | |
| Other operating charges | 640/8 | €8,540 | €7,056 | -€1,485 | -17.4% |
| Gross operating margin | 9900 | €443,481 | €418,192 | -€25,288 | -5.7% |
| Operating profit (loss) | 9901 | €110,451 | €151,912 | +€41,461 | +37.5% |
| Financial charges | 65/66B | €28,271 | €30,945 | +€2,674 | +9.5% |
| Recurring financial charges | 65 | €28,271 | €30,945 | +€2,674 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €82,180 | €120,967 | +€38,787 | +47.2% |
| Income taxes | 67/77 | €23,421 | €33,701 | +€10,281 | +43.9% |
| Profit (loss) for the period | 9904 | €58,759 | €87,266 | +€28,507 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,759 | €87,266 | +€28,507 | +48.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.