BRON SERVICES & ESTATES: 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.
BRON SERVICES & ESTATES
Largest movements
- Tangible fixed assets -€168,780
down €168,780 (-6.3%), from €2.7m to €2.5m
of which Land and buildings: -€167,114
- Current investments -€65,000
down €65,000 (-5.6%), from €1.2m to €1.1m
- Provisions -€537,528
down €537,528 (-71.8%), from €748,891 to €211,363
of which Provisions for liabilities and charges: -€518,128
- Profit (loss) carried forward +€329,303
up €329,303 (+64.7%), from €508,775 to €838,078
- Other debts +€228,554
up €228,554 (+599%), from €38,126 to €266,680
- Reserves -€158,200
down €158,200 (-45.1%), from €351,043 to €192,843
of which Distributable reserves: -€100,000
- Debts after one year -€80,139
down €80,139 (-4.2%), from €1.9m to €1.8m
of which Financial debts: -€240,139
- Provisions -€554,148
down €554,148, from €36,020 to -€518,128
- Gross operating margin +€110,946
up €110,946 (+23.9%), from €464,522 to €575,468
- Other operating charges +€35,687
up €35,687 (+161%), from €22,217 to €57,904
- Taxes +€23,579
up €23,579 (+29.7%), from €79,274 to €102,853
- Financial income +€13,068
up €13,068 (+41.7%), from €31,350 to €44,418
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 | €3,955,721 | €3,752,342 | -€203,379 | -5.1% |
| Fixed assets | 21/28 | €2,696,223 | €2,527,442 | -€168,780 | -6.3% |
| Tangible fixed assets | 22/27 | €2,696,223 | €2,527,442 | -€168,780 | -6.3% |
| Land and buildings | 22 | €2,691,571 | €2,524,456 | -€167,114 | -6.2% |
| Plant, machinery and equipment | 23 | €4,652 | €2,986 | -€1,666 | -35.8% |
| Current assets | 29/58 | €1,259,499 | €1,224,900 | -€34,598 | -2.7% |
| Amounts receivable within one year | 40/41 | €10,793 | €2,036 | -€8,757 | -81.1% |
| Trade receivables | 40 | €7,293 | €2,036 | -€5,257 | -72.1% |
| Other amounts receivable | 41 | €3,500 | - | -€3,500 | |
| Current investments | 50/53 | €1,165,000 | €1,100,000 | -€65,000 | -5.6% |
| Cash at bank and in hand | 54/58 | €83,706 | €122,865 | +€39,159 | +46.8% |
| Total equity and liabilities | 10/49 | €3,955,721 | €3,752,342 | -€203,379 | -5.1% |
| Equity | 10/15 | €931,818 | €1,102,921 | +€171,103 | +18.4% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €351,043 | €192,843 | -€158,200 | -45.1% |
| Tax-exempt reserves | 132 | €230,843 | €172,643 | -€58,200 | -25.2% |
| Distributable reserves | 133 | €120,200 | €20,200 | -€100,000 | -83.2% |
| Profit (loss) carried forward | 14 | €508,775 | €838,078 | +€329,303 | +64.7% |
| Provisions and deferred taxes | 16 | €748,891 | €211,363 | -€537,528 | -71.8% |
| Provisions for liabilities and charges | 160/5 | €671,943 | €153,816 | -€518,128 | -77.1% |
| Major repairs and maintenance | 162 | €671,943 | €153,816 | -€518,128 | -77.1% |
| Deferred taxes | 168 | €76,948 | €57,548 | -€19,400 | -25.2% |
| Amounts payable | 17/49 | €2,275,012 | €2,438,058 | +€163,046 | +7.2% |
| Amounts payable after more than one year | 17 | €1,887,107 | €1,806,968 | -€80,139 | -4.2% |
| Financial debts | 170/4 | €1,651,107 | €1,410,968 | -€240,139 | -14.5% |
| Other amounts payable | 178/9 | €236,000 | €396,000 | +€160,000 | +67.8% |
| Amounts payable within one year | 42/48 | €376,817 | €568,980 | +€192,163 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | €218,179 | €220,212 | +€2,033 | +0.9% |
| Trade debts | 44 | €108,180 | €76,464 | -€31,716 | -29.3% |
| Suppliers | 440/4 | €108,180 | €76,464 | -€31,716 | -29.3% |
| Taxes, remuneration and social security | 45 | €12,331 | €5,623 | -€6,708 | -54.4% |
| Taxes | 450/3 | €12,331 | €5,623 | -€6,708 | -54.4% |
| Other amounts payable | 47/48 | €38,126 | €266,680 | +€228,554 | +599% |
| Accrued charges and deferred income | 492/3 | €11,088 | €62,110 | +€51,022 | +460% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,697 | €168,780 | -€10,917 | -6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,632 | €2,485 | -€8,147 | -76.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €36,020 | -€518,128 | -€554,148 | |
| Other operating charges | 640/8 | €22,217 | €57,904 | +€35,687 | +161% |
| Gross operating margin | 9900 | €464,522 | €575,468 | +€110,946 | +23.9% |
| Operating profit (loss) | 9901 | €215,956 | €864,427 | +€648,471 | +300% |
| Financial income | 75/76B | €31,350 | €44,418 | +€13,068 | +41.7% |
| Recurring financial income | 75 | €31,350 | €44,418 | +€13,068 | +41.7% |
| Financial charges | 65/66B | €44,915 | €49,072 | +€4,157 | +9.3% |
| Recurring financial charges | 65 | €44,915 | €49,072 | +€4,157 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €202,392 | €859,773 | +€657,381 | +325% |
| Transfer from deferred taxes | 780 | €19,759 | €19,400 | -€359 | -1.8% |
| Income taxes | 67/77 | €79,274 | €102,853 | +€23,579 | +29.7% |
| Profit (loss) for the period | 9904 | €142,877 | €776,320 | +€633,443 | +443% |
| Transfer from tax-exempt reserves | 789 | €59,276 | €58,200 | -€1,076 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €202,153 | €834,521 | +€632,367 | +313% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.