BRONCKAERS: 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.
BRONCKAERS
Largest movements
- Receivables within one year +€33,623
up €33,623 (+107%), from €31,341 to €64,964
of which Trade receivables: +€35,241
- Other debts +€50,242
up €50,242 (+414%), from €12,145 to €62,387
- Trade debts -€11,768
down €11,768 (-100%), from €11,768 to €0
- Profit (loss) carried forward -€9,458
down €9,458 (-4.7%), from -€199,727 to -€209,185
- Short-term financial debts +€5,191
up €5,191 (+49.2%), from €10,561 to €15,752
- Gross operating margin +€13,741
up €13,741 (+68.0%), from -€20,215 to -€6,474
- Other operating charges -€1,829
down €1,829 (-83.2%), from €2,198 to €370
- Financial charges +€1,070
up €1,070 (+112%), from €953 to €2,024
- Taxes -€249
down €249 (-59.0%), from €423 to €173
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 | €37,721 | €71,688 | +€33,966 | +90.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,767 | €1,364 | -€404 | -22.8% |
| Tangible fixed assets | 22/27 | €1,767 | €1,364 | -€404 | -22.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €920 | €695 | -€225 | -24.5% |
| Furniture and vehicles | 24 | €847 | €669 | -€178 | -21.1% |
| Current assets | 29/58 | €35,954 | €70,324 | +€34,370 | +95.6% |
| Stocks and contracts in progress | 3 | €3,183 | €3,183 | = | 0.0% |
| Stocks | 30/36 | €3,183 | €3,183 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,341 | €64,964 | +€33,623 | +107% |
| Trade receivables | 40 | €1,900 | €37,141 | +€35,241 | +1,855% |
| Other amounts receivable | 41 | €29,441 | €27,822 | -€1,619 | -5.5% |
| Cash at bank and in hand | 54/58 | €289 | €989 | +€700 | +242% |
| Deferred charges and accrued income | 490/1 | €1,142 | €1,189 | +€47 | +4.1% |
| Total equity and liabilities | 10/49 | €37,721 | €71,688 | +€33,966 | +90.0% |
| Equity | 10/15 | -€7,859 | -€17,317 | -€9,458 | -120% |
| Contributions | 10/11 | €169,750 | €169,750 | = | 0.0% |
| Reserves | 13 | €22,118 | €22,118 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,724 | €9,724 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,724 | €9,724 | = | 0.0% |
| Distributable reserves | 133 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,727 | -€209,185 | -€9,458 | -4.7% |
| Amounts payable | 17/49 | €45,580 | €89,005 | +€43,424 | +95.3% |
| Amounts payable within one year | 42/48 | €45,580 | €89,005 | +€43,424 | +95.3% |
| Current portion of amounts payable after more than one year | 42 | €10,270 | €10,270 | = | 0.0% |
| Financial debts | 43 | €10,561 | €15,752 | +€5,191 | +49.2% |
| Credit institutions | 430/8 | €10,561 | €15,752 | +€5,191 | +49.2% |
| Trade debts | 44 | €11,768 | €0 | -€11,768 | -100% |
| Suppliers | 440/4 | €11,768 | €0 | -€11,768 | -100% |
| Taxes, remuneration and social security | 45 | €837 | €596 | -€241 | -28.8% |
| Taxes | 450/3 | €837 | €596 | -€241 | -28.8% |
| Other amounts payable | 47/48 | €12,145 | €62,387 | +€50,242 | +414% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €404 | -€98 | -19.6% |
| Other operating charges | 640/8 | €2,198 | €370 | -€1,829 | -83.2% |
| Non-recurring operating charges | 66A | - | €13 | +€13 | |
| Gross operating margin | 9900 | -€20,215 | -€6,474 | +€13,741 | +68.0% |
| Operating profit (loss) | 9901 | -€22,915 | -€7,261 | +€15,654 | +68.3% |
| Financial charges | 65/66B | €953 | €2,024 | +€1,070 | +112% |
| Recurring financial charges | 65 | €953 | €2,024 | +€1,070 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€23,868 | -€9,284 | +€14,584 | +61.1% |
| Income taxes | 67/77 | €423 | €173 | -€249 | -59.0% |
| Profit (loss) for the period | 9904 | -€24,291 | -€9,458 | +€14,833 | +61.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,291 | -€9,458 | +€14,833 | +61.1% |
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 17 October 2026 via checked.be.