Bronier Welding: 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.
Bronier Welding
Largest movements
- Receivables within one year +€59,433
up €59,433 (+36.3%), from €163,607 to €223,040
of which Other amounts receivable: +€53,679
- Cash +€5,307
up €5,307 (+183%), from €2,900 to €8,207
- Tangible fixed assets -€2,900
down €2,900 (-56.9%), from €5,100 to €2,200
- Deferred charges and accrued income +€2,640
up €2,640 (+2,203%), from €120 to €2,760
- Trade debts +€44,513
up €44,513 (+157%), from €28,273 to €72,785
- Profit (loss) carried forward +€17,609
up €17,609 (+16.2%), from €108,491 to €126,100
- Gross operating margin -€29,085
down €29,085 (-49.2%), from €59,068 to €29,984
- Staff costs -€9,337
down €9,337 (-24.8%), from €37,713 to €28,376
- Financial charges +€6,303
up €6,303 (+314%), from €2,005 to €8,308
- Taxes -€4,886
no longer reported in 2023 (was €4,886)
- Depreciation -€700
down €700 (-38.9%), from €1,800 to €1,100
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,915 | €236,395 | +€64,480 | +37.5% |
| Fixed assets | 21/28 | €5,288 | €2,388 | -€2,900 | -54.8% |
| Tangible fixed assets | 22/27 | €5,100 | €2,200 | -€2,900 | -56.9% |
| Furniture and vehicles | 24 | €5,100 | €2,200 | -€2,900 | -56.9% |
| Financial fixed assets | 28 | €188 | €188 | = | 0.0% |
| Current assets | 29/58 | €166,627 | €234,008 | +€67,380 | +40.4% |
| Amounts receivable within one year | 40/41 | €163,607 | €223,040 | +€59,433 | +36.3% |
| Trade receivables | 40 | €45,588 | €51,342 | +€5,754 | +12.6% |
| Other amounts receivable | 41 | €118,019 | €171,699 | +€53,679 | +45.5% |
| Cash at bank and in hand | 54/58 | €2,900 | €8,207 | +€5,307 | +183% |
| Deferred charges and accrued income | 490/1 | €120 | €2,760 | +€2,640 | +2,203% |
| Total equity and liabilities | 10/49 | €171,915 | €236,395 | +€64,480 | +37.5% |
| Equity | 10/15 | €110,691 | €128,300 | +€17,609 | +15.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,491 | €126,100 | +€17,609 | +16.2% |
| Provisions and deferred taxes | 16 | €5,750 | €5,750 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,750 | €5,750 | = | 0.0% |
| Environmental obligations | 163 | €5,750 | €5,750 | = | 0.0% |
| Amounts payable | 17/49 | €55,474 | €102,345 | +€46,871 | +84.5% |
| Amounts payable within one year | 42/48 | €55,474 | €102,345 | +€46,871 | +84.5% |
| Financial debts | 43 | €14,698 | €14,987 | +€289 | +2.0% |
| Credit institutions | 430/8 | €14,698 | €14,987 | +€289 | +2.0% |
| Trade debts | 44 | €28,273 | €72,785 | +€44,513 | +157% |
| Suppliers | 440/4 | €28,273 | €72,785 | +€44,513 | +157% |
| Taxes, remuneration and social security | 45 | €12,503 | €14,572 | +€2,069 | +16.5% |
| Taxes | 450/3 | €9,463 | €3,882 | -€5,580 | -59.0% |
| Remuneration and social security | 454/9 | €3,041 | €10,690 | +€7,649 | +252% |
| Remuneration, social security and pensions | 62 | €37,713 | €28,376 | -€9,337 | -24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,800 | €1,100 | -€700 | -38.9% |
| Other operating charges | 640/8 | €768 | €334 | -€434 | -56.5% |
| Gross operating margin | 9900 | €59,068 | €29,984 | -€29,085 | -49.2% |
| Operating profit (loss) | 9901 | €18,788 | €173 | -€18,614 | -99.1% |
| Financial income | 75/76B | €5,712 | €5,673 | -€40 | -0.7% |
| Recurring financial income | 75 | €5,712 | €5,673 | -€40 | -0.7% |
| Financial charges | 65/66B | €2,005 | €8,308 | +€6,303 | +314% |
| Recurring financial charges | 65 | €2,005 | €8,308 | +€6,303 | +314% |
| Profit (loss) for the period before taxes | 9903 | €22,495 | -€2,462 | -€24,957 | |
| Income taxes | 67/77 | €4,886 | - | -€4,886 | |
| Profit (loss) for the period | 9904 | €17,609 | -€2,462 | -€20,071 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,609 | -€2,462 | -€20,071 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.