BRONCKART: 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.
BRONCKART
Largest movements
- Stocks and contracts +€77,030
up €77,030 (+35.0%), from €220,392 to €297,422
- Cash +€40,077
up €40,077 (+18.0%), from €223,139 to €263,217
mainly Net result for the year (+€78,364) and Receivables within one year (+€37,144)
- Receivables within one year -€37,144
down €37,144 (-48.6%), from €76,470 to €39,326
of which Other amounts receivable: -€20,666
- Reserves +€78,364
up €78,364 (+20.6%), from €380,676 to €459,040
- Tax, wage and social debts +€15,459
up €15,459 (+31.3%), from €49,418 to €64,876
of which Taxes: +€14,918
- Trade debts -€12,250
down €12,250 (-27.0%), from €45,394 to €33,144
- Turnover -€1.6m
no longer reported in 2025 (was €1.6m)
- Purchases and services -€1.4m
no longer reported in 2025 (was €1.4m)
- Gross operating margin -€22,568
down €22,568 (-11.5%), from €196,422 to €173,854
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 | €530,005 | €606,795 | +€76,791 | +14.5% |
| Fixed assets | 21/28 | €9,191 | €6,540 | -€2,651 | -28.8% |
| Tangible fixed assets | 22/27 | €9,191 | €6,540 | -€2,651 | -28.8% |
| Plant, machinery and equipment | 23 | €267 | €0 | -€267 | -100% |
| Furniture and vehicles | 24 | €774 | €419 | -€355 | -45.9% |
| Other tangible fixed assets | 26 | €8,151 | €6,121 | -€2,030 | -24.9% |
| Current assets | 29/58 | €520,813 | €600,255 | +€79,442 | +15.3% |
| Stocks and contracts in progress | 3 | €220,392 | €297,422 | +€77,030 | +35.0% |
| Stocks | 30/36 | €220,392 | €297,422 | +€77,030 | +35.0% |
| Amounts receivable within one year | 40/41 | €76,470 | €39,326 | -€37,144 | -48.6% |
| Trade receivables | 40 | €33,199 | €16,721 | -€16,478 | -49.6% |
| Other amounts receivable | 41 | €43,271 | €22,605 | -€20,666 | -47.8% |
| Cash at bank and in hand | 54/58 | €223,139 | €263,217 | +€40,077 | +18.0% |
| Deferred charges and accrued income | 490/1 | €812 | €291 | -€521 | -64.2% |
| Total equity and liabilities | 10/49 | €530,005 | €606,795 | +€76,791 | +14.5% |
| Equity | 10/15 | €399,276 | €477,640 | +€78,364 | +19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €380,676 | €459,040 | +€78,364 | +20.6% |
| Distributable reserves | 133 | €380,676 | €459,040 | +€78,364 | +20.6% |
| Amounts payable | 17/49 | €130,728 | €129,155 | -€1,573 | -1.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €130,144 | €129,155 | -€988 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €987 | €0 | -€987 | -100% |
| Trade debts | 44 | €45,394 | €33,144 | -€12,250 | -27.0% |
| Suppliers | 440/4 | €45,394 | €33,144 | -€12,250 | -27.0% |
| Taxes, remuneration and social security | 45 | €49,418 | €64,876 | +€15,459 | +31.3% |
| Taxes | 450/3 | €36,666 | €51,584 | +€14,918 | +40.7% |
| Remuneration and social security | 454/9 | €12,752 | €13,293 | +€541 | +4.2% |
| Other amounts payable | 47/48 | €34,345 | €31,135 | -€3,210 | -9.3% |
| Accrued charges and deferred income | 492/3 | €585 | €0 | -€585 | -100% |
| Turnover | 70 | €1,622,938 | - | -€1.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,448,646 | - | -€1.4m | |
| Remuneration, social security and pensions | 62 | €54,678 | €56,348 | +€1,670 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,489 | €2,651 | +€162 | +6.5% |
| Other operating charges | 640/8 | €3,427 | €2,729 | -€698 | -20.4% |
| Non-recurring operating charges | 66A | -€13 | €30 | +€43 | |
| Gross operating margin | 9900 | €196,422 | €173,854 | -€22,568 | -11.5% |
| Operating profit (loss) | 9901 | €135,840 | €112,095 | -€23,746 | -17.5% |
| Financial income | 75/76B | €971 | €1,164 | +€193 | +19.9% |
| Recurring financial income | 75 | €971 | €1,164 | +€193 | +19.9% |
| Financial charges | 65/66B | €3,643 | €3,118 | -€524 | -14.4% |
| Recurring financial charges | 65 | €3,643 | €3,118 | -€524 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €133,169 | €110,141 | -€23,028 | -17.3% |
| Income taxes | 67/77 | €38,536 | €31,777 | -€6,759 | -17.5% |
| Profit (loss) for the period | 9904 | €94,633 | €78,364 | -€16,269 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,633 | €78,364 | -€16,269 | -17.2% |
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 19 October 2026 via checked.be.