BROEX: 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.
BROEX
Largest movements
- Cash +€224,439
up €224,439 (+82.0%), from €273,749 to €498,188
mainly Net result for the year (+€331,077) and Other debts (+€145,071)
- Receivables within one year -€65,073
down €65,073 (-40.7%), from €159,920 to €94,847
of which Trade receivables: -€33,025
- Tangible fixed assets -€23,115
down €23,115 (-10.0%), from €230,844 to €207,729
of which Plant, machinery and equipment: -€20,005
- Other debts +€145,071
up €145,071 (+40.6%), from €357,532 to €502,603
- Trade debts -€32,756
down €32,756 (-25.1%), from €130,491 to €97,736
- Tax, wage and social debts +€24,145
up €24,145 (+63.2%), from €38,179 to €62,324
of which Taxes: +€32,249
- Gross operating margin +€121,031
up €121,031 (+20.9%), from €579,518 to €700,548
- Taxes +€33,014
up €33,014 (+39.7%), from €83,221 to €116,234
- Other operating charges -€7,539
down €7,539 (-86.6%), from €8,710 to €1,171
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 | €664,513 | €800,764 | +€136,251 | +20.5% |
| Fixed assets | 21/28 | €230,844 | €207,729 | -€23,115 | -10.0% |
| Tangible fixed assets | 22/27 | €230,844 | €207,729 | -€23,115 | -10.0% |
| Land and buildings | 22 | €64,830 | €70,772 | +€5,942 | +9.2% |
| Plant, machinery and equipment | 23 | €24,540 | €4,534 | -€20,005 | -81.5% |
| Furniture and vehicles | 24 | €132,892 | €117,386 | -€15,506 | -11.7% |
| Other tangible fixed assets | 26 | €8,582 | €15,037 | +€6,455 | +75.2% |
| Current assets | 29/58 | €433,669 | €593,035 | +€159,366 | +36.7% |
| Amounts receivable within one year | 40/41 | €159,920 | €94,847 | -€65,073 | -40.7% |
| Trade receivables | 40 | €127,119 | €94,094 | -€33,025 | -26.0% |
| Other amounts receivable | 41 | €32,801 | €753 | -€32,048 | -97.7% |
| Cash at bank and in hand | 54/58 | €273,749 | €498,188 | +€224,439 | +82.0% |
| Total equity and liabilities | 10/49 | €664,513 | €800,764 | +€136,251 | +20.5% |
| Equity | 10/15 | €138,024 | €138,102 | +€77 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,564 | €117,642 | +€77 | +0.1% |
| Amounts payable | 17/49 | €526,489 | €662,663 | +€136,174 | +25.9% |
| Amounts payable within one year | 42/48 | €526,202 | €662,663 | +€136,461 | +25.9% |
| Trade debts | 44 | €130,491 | €97,736 | -€32,756 | -25.1% |
| Suppliers | 440/4 | €130,491 | €97,736 | -€32,756 | -25.1% |
| Taxes, remuneration and social security | 45 | €38,179 | €62,324 | +€24,145 | +63.2% |
| Taxes | 450/3 | €284 | €32,533 | +€32,249 | +11,339% |
| Remuneration and social security | 454/9 | €37,894 | €29,791 | -€8,104 | -21.4% |
| Other amounts payable | 47/48 | €357,532 | €502,603 | +€145,071 | +40.6% |
| Accrued charges and deferred income | 492/3 | €287 | - | -€287 | |
| Remuneration, social security and pensions | 62 | €214,116 | €212,667 | -€1,449 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,166 | €38,788 | -€378 | -1.0% |
| Other operating charges | 640/8 | €8,710 | €1,171 | -€7,539 | -86.6% |
| Gross operating margin | 9900 | €579,518 | €700,548 | +€121,031 | +20.9% |
| Operating profit (loss) | 9901 | €317,526 | €447,922 | +€130,396 | +41.1% |
| Financial income | 75/76B | €4,297 | €105 | -€4,192 | -97.5% |
| Recurring financial income | 75 | €4,297 | €105 | -€4,192 | -97.5% |
| Financial charges | 65/66B | €733 | €716 | -€17 | -2.3% |
| Recurring financial charges | 65 | €733 | €716 | -€17 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €321,090 | €447,312 | +€126,221 | +39.3% |
| Income taxes | 67/77 | €83,221 | €116,234 | +€33,014 | +39.7% |
| Profit (loss) for the period | 9904 | €237,870 | €331,077 | +€93,208 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €237,870 | €331,077 | +€93,208 | +39.2% |
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 24 October 2026 via checked.be.