BROKER: 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.
BROKER
Largest movements
- Deferred charges and accrued income -€153,882
down €153,882 (-97.8%), from €157,389 to €3,507
- Tangible fixed assets -€28,284
down €28,284 (-8.8%), from €319,922 to €291,638
of which Land and buildings: -€31,913
- Trade debts -€273,489
down €273,489 (-85.2%), from €321,050 to €47,561
- Other debts +€146,537
up €146,537 (+22.8%), from €641,651 to €788,188
- Advances received -€74,386
down €74,386 (-46.8%), from €158,894 to €84,508
- Profit (loss) carried forward +€53,815
up €53,815, from -€6,366 to €47,449
- Short-term financial debts -€47,675
down €47,675 (-29.1%), from €163,765 to €116,090
- Gross operating margin +€91,024
up €91,024 (+77.5%), from €117,521 to €208,544
- Purchases and services -€47,625
down €47,625 (-26.0%), from €183,180 to €135,555
- Turnover +€42,754
up €42,754 (+14.3%), from €298,940 to €341,693
- Staff costs +€15,114
up €15,114 (+27.1%), from €55,717 to €70,831
- Taxes +€15,000
new in 2025: €15,000
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 | €1,699,464 | €1,514,776 | -€184,689 | -10.9% |
| Fixed assets | 21/28 | €322,015 | €293,731 | -€28,284 | -8.8% |
| Tangible fixed assets | 22/27 | €319,922 | €291,638 | -€28,284 | -8.8% |
| Land and buildings | 22 | €287,171 | €255,258 | -€31,913 | -11.1% |
| Plant, machinery and equipment | 23 | €15,567 | €26,167 | +€10,600 | +68.1% |
| Furniture and vehicles | 24 | €8,180 | €8,180 | = | 0.0% |
| Other tangible fixed assets | 26 | €9,003 | €2,032 | -€6,971 | -77.4% |
| Financial fixed assets | 28 | €2,094 | €2,094 | = | 0.0% |
| Current assets | 29/58 | €1,377,449 | €1,221,044 | -€156,405 | -11.4% |
| Amounts receivable within one year | 40/41 | €1,220,009 | €1,217,346 | -€2,664 | -0.2% |
| Trade receivables | 40 | €419,026 | €280,305 | -€138,721 | -33.1% |
| Other amounts receivable | 41 | €800,984 | €937,041 | +€136,057 | +17.0% |
| Cash at bank and in hand | 54/58 | €50 | €191 | +€141 | +282.4% |
| Deferred charges and accrued income | 490/1 | €157,389 | €3,507 | -€153,882 | -97.8% |
| Total equity and liabilities | 10/49 | €1,699,464 | €1,514,776 | -€184,689 | -10.9% |
| Equity | 10/15 | €403,797 | €460,444 | +€56,647 | +14.0% |
| Contributions | 10/11 | €265,000 | €265,000 | = | 0.0% |
| Capital | 10 | - | €265,000 | +€265,000 | |
| Issued capital | 100 | - | €265,000 | +€265,000 | |
| Reserves | 13 | €145,163 | €147,995 | +€2,832 | +2.0% |
| Non-distributable reserves | 130/1 | €15,580 | €18,412 | +€2,832 | +18.2% |
| Legal reserve | 130 | - | €18,412 | +€18,412 | |
| Reserves not available under the articles | 1311 | €15,580 | - | -€15,580 | |
| Tax-exempt reserves | 132 | €14,492 | €14,492 | = | 0.0% |
| Distributable reserves | 133 | €115,091 | €115,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,366 | €47,449 | +€53,815 | |
| Amounts payable | 17/49 | €1,295,667 | €1,054,331 | -€241,336 | -18.6% |
| Amounts payable within one year | 42/48 | €1,294,900 | €1,053,564 | -€241,336 | -18.6% |
| Financial debts | 43 | €163,765 | €116,090 | -€47,675 | -29.1% |
| Credit institutions | 430/8 | €163,765 | €116,090 | -€47,675 | -29.1% |
| Trade debts | 44 | €321,050 | €47,561 | -€273,489 | -85.2% |
| Suppliers | 440/4 | €321,050 | €47,561 | -€273,489 | -85.2% |
| Advances received on contracts in progress | 46 | €158,894 | €84,508 | -€74,386 | -46.8% |
| Taxes, remuneration and social security | 45 | €9,540 | €17,217 | +€7,677 | +80.5% |
| Taxes | 450/3 | €136 | €3,534 | +€3,398 | +2502.7% |
| Remuneration and social security | 454/9 | €9,404 | €13,684 | +€4,279 | +45.5% |
| Other amounts payable | 47/48 | €641,651 | €788,188 | +€146,537 | +22.8% |
| Accrued charges and deferred income | 492/3 | €767 | €767 | = | 0.0% |
| Turnover | 70 | €298,940 | €341,693 | +€42,754 | +14.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €183,180 | €135,555 | -€47,625 | -26.0% |
| Remuneration, social security and pensions | 62 | €55,717 | €70,831 | +€15,114 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,144 | €45,113 | -€31 | -0.1% |
| Other operating charges | 640/8 | €3,895 | €3,508 | -€387 | -9.9% |
| Gross operating margin | 9900 | €117,521 | €208,544 | +€91,024 | +77.5% |
| Operating profit (loss) | 9901 | €12,765 | €89,093 | +€76,327 | +597.9% |
| Financial income | 75/76B | €636 | €74 | -€562 | -88.4% |
| Recurring financial income | 75 | €636 | €74 | -€562 | -88.4% |
| Financial charges | 65/66B | €15,054 | €17,519 | +€2,465 | +16.4% |
| Recurring financial charges | 65 | €15,054 | €17,519 | +€2,465 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,653 | €71,647 | +€73,300 | |
| Income taxes | 67/77 | - | €15,000 | +€15,000 | |
| Profit (loss) for the period | 9904 | -€1,653 | €56,647 | +€58,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,653 | €56,647 | +€58,300 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.