Brondeel Bros.: 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.
Brondeel Bros.
Largest movements
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Cash +€193,274
up €193,274 (+597%), from €32,362 to €225,636
mainly Current investments (+€250,000) and Net result for the year (+€84,691)
- Receivables within one year -€22,464
down €22,464 (-3.0%), from €756,706 to €734,242
of which Trade receivables: -€13,133
- Tangible fixed assets -€13,281
down €13,281 (-5.1%), from €258,093 to €244,812
of which Furniture and vehicles: -€11,665
- Other debts -€126,236
down €126,236 (-99.1%), from €127,389 to €1,152
- Reserves +€48,494
up €48,494 (+7.3%), from €663,191 to €711,685
- Gross operating margin -€40,266
down €40,266 (-26.2%), from €153,686 to €113,419
- Taxes -€9,600
down €9,600 (-22.5%), from €42,694 to €33,094
- Financial charges -€5,652
down €5,652 (-76.6%), from €7,380 to €1,728
- Financial income +€4,280
up €4,280 (+20.3%), from €21,104 to €25,383
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 | €1,298,545 | €1,206,181 | -€92,364 | -7.1% |
| Fixed assets | 21/28 | €258,183 | €244,902 | -€13,281 | -5.1% |
| Tangible fixed assets | 22/27 | €258,093 | €244,812 | -€13,281 | -5.1% |
| Land and buildings | 22 | €197,705 | €192,782 | -€4,922 | -2.5% |
| Furniture and vehicles | 24 | €40,689 | €29,024 | -€11,665 | -28.7% |
| Other tangible fixed assets | 26 | €19,700 | €23,006 | +€3,306 | +16.8% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €1,040,362 | €961,279 | -€79,083 | -7.6% |
| Amounts receivable within one year | 40/41 | €756,706 | €734,242 | -€22,464 | -3.0% |
| Trade receivables | 40 | €16,329 | €3,195 | -€13,133 | -80.4% |
| Other amounts receivable | 41 | €740,377 | €731,047 | -€9,330 | -1.3% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €32,362 | €225,636 | +€193,274 | +597% |
| Deferred charges and accrued income | 490/1 | €1,294 | €1,400 | +€107 | +8.2% |
| Total equity and liabilities | 10/49 | €1,298,545 | €1,206,181 | -€92,364 | -7.1% |
| Equity | 10/15 | €1,063,191 | €1,111,685 | +€48,494 | +4.6% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €663,191 | €711,685 | +€48,494 | +7.3% |
| Distributable reserves | 133 | €663,191 | €711,685 | +€48,494 | +7.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €235,354 | €94,496 | -€140,858 | -59.8% |
| Amounts payable after more than one year | 17 | €78,447 | €66,346 | -€12,100 | -15.4% |
| Financial debts | 170/4 | €78,447 | €66,346 | -€12,100 | -15.4% |
| Amounts payable within one year | 42/48 | €154,674 | €25,585 | -€129,089 | -83.5% |
| Current portion of amounts payable after more than one year | 42 | €11,871 | €12,100 | +€229 | +1.9% |
| Trade debts | 44 | €352 | €1,841 | +€1,489 | +423% |
| Suppliers | 440/4 | €352 | €1,841 | +€1,489 | +423% |
| Taxes, remuneration and social security | 45 | €15,062 | €10,491 | -€4,571 | -30.3% |
| Taxes | 450/3 | €12,831 | €8,386 | -€4,445 | -34.6% |
| Remuneration and social security | 454/9 | €2,231 | €2,105 | -€126 | -5.6% |
| Other amounts payable | 47/48 | €127,389 | €1,152 | -€126,236 | -99.1% |
| Accrued charges and deferred income | 492/3 | €2,234 | €2,565 | +€331 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,375 | €16,587 | +€212 | +1.3% |
| Other operating charges | 640/8 | €3,135 | €2,703 | -€433 | -13.8% |
| Gross operating margin | 9900 | €153,686 | €113,419 | -€40,266 | -26.2% |
| Operating profit (loss) | 9901 | €134,175 | €94,129 | -€40,046 | -29.8% |
| Financial income | 75/76B | €21,104 | €25,383 | +€4,280 | +20.3% |
| Recurring financial income | 75 | €21,104 | €25,383 | +€4,280 | +20.3% |
| Financial charges | 65/66B | €7,380 | €1,728 | -€5,652 | -76.6% |
| Recurring financial charges | 65 | €7,380 | €1,728 | -€5,652 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €147,899 | €117,785 | -€30,114 | -20.4% |
| Income taxes | 67/77 | €42,694 | €33,094 | -€9,600 | -22.5% |
| Profit (loss) for the period | 9904 | €105,205 | €84,691 | -€20,515 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,205 | €84,691 | -€20,515 | -19.5% |
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 30 October 2026 via checked.be.