BROFA-NORD: 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.
BROFA-NORD
Largest movements
- Tangible fixed assets +€29,444
up €29,444 (+40.3%), from €73,055 to €102,499
of which Plant, machinery and equipment: +€19,680
- Receivables within one year -€14,498
down €14,498 (-52.7%), from €27,520 to €13,022
of which Trade receivables: -€7,688
- Current investments +€3,465
up €3,465 (+59.2%), from €5,855 to €9,320
- Deferred charges and accrued income +€1,972
up €1,972 (+148%), from €1,331 to €3,303
- Debts after one year +€24,343
up €24,343 (+97.7%), from €24,919 to €49,262
- Profit (loss) carried forward -€10,020
down €10,020 (-34.3%), from -€29,178 to -€39,198
- Current portion of long-term debt +€3,701
up €3,701 (+25.4%), from €14,586 to €18,287
- Gross operating margin -€4,319
down €4,319 (-16.7%), from €25,807 to €21,488
- Depreciation +€2,203
up €2,203 (+10.7%), from €20,505 to €22,708
- Taxes +€1,990
new in 2025: €1,990
- Financial charges +€1,464
up €1,464 (+54.2%), from €2,699 to €4,163
- Other operating charges +€1,029
up €1,029 (+75.1%), from €1,370 to €2,399
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 | €114,981 | €135,364 | +€20,383 | +17.7% |
| Fixed assets | 21/28 | €73,155 | €102,599 | +€29,444 | +40.2% |
| Tangible fixed assets | 22/27 | €73,055 | €102,499 | +€29,444 | +40.3% |
| Plant, machinery and equipment | 23 | €60,373 | €80,053 | +€19,680 | +32.6% |
| Furniture and vehicles | 24 | €3,540 | €14,923 | +€11,383 | +322% |
| Other tangible fixed assets | 26 | €9,142 | €7,523 | -€1,619 | -17.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €41,826 | €32,765 | -€9,061 | -21.7% |
| Stocks and contracts in progress | 3 | €7,000 | €7,000 | = | 0.0% |
| Contracts in progress | 37 | €7,000 | €7,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,520 | €13,022 | -€14,498 | -52.7% |
| Trade receivables | 40 | €20,710 | €13,022 | -€7,688 | -37.1% |
| Other amounts receivable | 41 | €6,810 | - | -€6,810 | |
| Current investments | 50/53 | €5,855 | €9,320 | +€3,465 | +59.2% |
| Cash at bank and in hand | 54/58 | €120 | €120 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,331 | €3,303 | +€1,972 | +148% |
| Total equity and liabilities | 10/49 | €114,981 | €135,364 | +€20,383 | +17.7% |
| Equity | 10/15 | €70,822 | €60,802 | -€10,020 | -14.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,178 | -€39,198 | -€10,020 | -34.3% |
| Amounts payable | 17/49 | €44,159 | €74,562 | +€30,403 | +68.8% |
| Amounts payable after more than one year | 17 | €24,919 | €49,262 | +€24,343 | +97.7% |
| Financial debts | 170/4 | €24,919 | €49,262 | +€24,343 | +97.7% |
| Amounts payable within one year | 42/48 | €18,925 | €23,854 | +€4,929 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €14,586 | €18,287 | +€3,701 | +25.4% |
| Financial debts | 43 | - | €684 | +€684 | |
| Credit institutions | 430/8 | - | €684 | +€684 | |
| Trade debts | 44 | €1,160 | €2,285 | +€1,125 | +97.0% |
| Suppliers | 440/4 | €1,160 | €2,285 | +€1,125 | +97.0% |
| Taxes, remuneration and social security | 45 | €2,240 | €2,598 | +€358 | +16.0% |
| Taxes | 450/3 | €582 | €1,490 | +€908 | +156% |
| Remuneration and social security | 454/9 | €1,658 | €1,108 | -€550 | -33.2% |
| Other amounts payable | 47/48 | €939 | - | -€939 | |
| Accrued charges and deferred income | 492/3 | €315 | €1,446 | +€1,131 | +359% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,505 | €22,708 | +€2,203 | +10.7% |
| Other operating charges | 640/8 | €1,370 | €2,399 | +€1,029 | +75.1% |
| Non-recurring operating charges | 66A | - | €248 | +€248 | |
| Gross operating margin | 9900 | €25,807 | €21,488 | -€4,319 | -16.7% |
| Operating profit (loss) | 9901 | €3,932 | -€3,867 | -€7,799 | |
| Financial charges | 65/66B | €2,699 | €4,163 | +€1,464 | +54.2% |
| Recurring financial charges | 65 | €2,699 | €4,163 | +€1,464 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | €1,233 | -€8,030 | -€9,263 | |
| Income taxes | 67/77 | - | €1,990 | +€1,990 | |
| Profit (loss) for the period | 9904 | €1,233 | -€10,020 | -€11,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,233 | -€10,020 | -€11,253 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.