BRONCHAIN: 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.
BRONCHAIN
Largest movements
- Current investments -€48,803
down €48,803 (-96.7%), from €50,485 to €1,681
- Tangible fixed assets +€30,338
up €30,338 (+327.2%), from €9,273 to €39,612
of which Furniture and vehicles: +€33,052
- Cash +€4,665
up €4,665 (+11.8%), from €39,608 to €44,273
mainly Current investments (+€48,803) and Depreciation (+€6,181)
- Receivables within one year +€3,093
up €3,093 (+11.2%), from €27,697 to €30,790
of which Trade receivables: +€3,031
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Reserves +€5,529
up €5,529 (+4.6%), from €119,481 to €125,010
of which Distributable reserves: +€5,529
- Tax, wage and social debts -€4,008
down €4,008 (-39.9%), from €10,037 to €6,030
- Gross operating margin +€3,759
up €3,759 (+33.2%), from €11,306 to €15,065
- Depreciation +€2,622
up €2,622 (+73.7%), from €3,559 to €6,181
- Other operating charges +€205
up €205 (+10.9%), from €1,880 to €2,086
- Taxes +€205
up €205 (+10.6%), from €1,940 to €2,145
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 | €158,580 | €149,697 | -€8,883 | -5.6% |
| Fixed assets | 21/28 | €9,273 | €39,612 | +€30,338 | +327.2% |
| Tangible fixed assets | 22/27 | €9,273 | €39,612 | +€30,338 | +327.2% |
| Plant, machinery and equipment | 23 | €8,805 | €6,091 | -€2,714 | -30.8% |
| Furniture and vehicles | 24 | €468 | €33,520 | +€33,052 | +7059.1% |
| Current assets | 29/58 | €149,307 | €110,085 | -€39,222 | -26.3% |
| Stocks and contracts in progress | 3 | €31,517 | €32,564 | +€1,047 | +3.3% |
| Stocks | 30/36 | €31,517 | €32,564 | +€1,047 | +3.3% |
| Amounts receivable within one year | 40/41 | €27,697 | €30,790 | +€3,093 | +11.2% |
| Trade receivables | 40 | €25,207 | €28,238 | +€3,031 | +12.0% |
| Other amounts receivable | 41 | €2,490 | €2,552 | +€62 | +2.5% |
| Current investments | 50/53 | €50,485 | €1,681 | -€48,803 | -96.7% |
| Cash at bank and in hand | 54/58 | €39,608 | €44,273 | +€4,665 | +11.8% |
| Deferred charges and accrued income | 490/1 | - | €777 | +€777 | |
| Total equity and liabilities | 10/49 | €158,580 | €149,697 | -€8,883 | -5.6% |
| Equity | 10/15 | €138,081 | €143,610 | +€5,529 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,481 | €125,010 | +€5,529 | +4.6% |
| Non-distributable reserves | 130/1 | €4,251 | €4,251 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,251 | €4,251 | = | 0.0% |
| Distributable reserves | 133 | €115,229 | €120,758 | +€5,529 | +4.8% |
| Amounts payable | 17/49 | €20,499 | €6,087 | -€14,412 | -70.3% |
| Amounts payable within one year | 42/48 | €20,499 | €6,087 | -€14,412 | -70.3% |
| Trade debts | 44 | €462 | €58 | -€404 | -87.5% |
| Suppliers | 440/4 | €462 | €58 | -€404 | -87.5% |
| Taxes, remuneration and social security | 45 | €10,037 | €6,030 | -€4,008 | -39.9% |
| Taxes | 450/3 | €10,037 | €6,030 | -€4,008 | -39.9% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,559 | €6,181 | +€2,622 | +73.7% |
| Other operating charges | 640/8 | €1,880 | €2,086 | +€205 | +10.9% |
| Gross operating margin | 9900 | €11,306 | €15,065 | +€3,759 | +33.2% |
| Operating profit (loss) | 9901 | €5,867 | €6,798 | +€931 | +15.9% |
| Financial income | 75/76B | €1,012 | €952 | -€60 | -5.9% |
| Recurring financial income | 75 | €1,012 | €952 | -€60 | -5.9% |
| Financial charges | 65/66B | €58 | €76 | +€18 | +31.4% |
| Recurring financial charges | 65 | €58 | €76 | +€18 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €6,820 | €7,674 | +€853 | +12.5% |
| Income taxes | 67/77 | €1,940 | €2,145 | +€205 | +10.6% |
| Profit (loss) for the period | 9904 | €4,881 | €5,529 | +€648 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,881 | €5,529 | +€648 | +13.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.