BRONOX: 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.
BRONOX
Largest movements
- Tangible fixed assets +€336,600
up €336,600 (+62.0%), from €542,701 to €879,301
of which Land and buildings: +€362,829
- Cash -€93,491
down €93,491 (-55.0%), from €170,106 to €76,615
mainly Investment in fixed assets (net) (-€397,000) and Trade debts (-€62,404)
- Debts after one year +€195,626
up €195,626 (+54.9%), from €356,241 to €551,867
- Other debts +€88,220
up €88,220 (+126.6%), from €69,685 to €157,904
- Trade debts -€62,404
down €62,404 (-98.0%), from €63,687 to €1,283
- Accrued charges and deferred income -€58,300
down €58,300 (-57.3%), from €101,750 to €43,450
- Profit (loss) carried forward +€41,693
up €41,693 (+9.7%), from €430,928 to €472,622
- Gross operating margin +€54,546
up €54,546 (+22.3%), from €244,349 to €298,895
- Staff costs +€31,017
up €31,017 (+27.1%), from €114,522 to €145,539
- Financial charges +€28,544
up €28,544 (+235.6%), from €12,118 to €40,663
- Depreciation +€16,865
up €16,865 (+38.7%), from €43,536 to €60,400
- Other operating charges -€10,944
down €10,944 (-96.4%), from €11,358 to €415
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 | €1,275,397 | €1,508,820 | +€233,422 | +18.3% |
| Fixed assets | 21/28 | €553,386 | €889,986 | +€336,600 | +60.8% |
| Tangible fixed assets | 22/27 | €542,701 | €879,301 | +€336,600 | +62.0% |
| Land and buildings | 22 | €440,149 | €802,978 | +€362,829 | +82.4% |
| Plant, machinery and equipment | 23 | €46,673 | €38,584 | -€8,089 | -17.3% |
| Furniture and vehicles | 24 | €55,879 | €37,739 | -€18,140 | -32.5% |
| Financial fixed assets | 28 | €10,685 | €10,685 | = | 0.0% |
| Current assets | 29/58 | €722,011 | €618,834 | -€103,177 | -14.3% |
| Amounts receivable within one year | 40/41 | €551,905 | €542,219 | -€9,687 | -1.8% |
| Trade receivables | 40 | €303,024 | €257,948 | -€45,076 | -14.9% |
| Other amounts receivable | 41 | €248,881 | €284,270 | +€35,389 | +14.2% |
| Cash at bank and in hand | 54/58 | €170,106 | €76,615 | -€93,491 | -55.0% |
| Total equity and liabilities | 10/49 | €1,275,397 | €1,508,820 | +€233,422 | +18.3% |
| Equity | 10/15 | €571,388 | €613,082 | +€41,693 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €121,860 | €121,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €430,928 | €472,622 | +€41,693 | +9.7% |
| Amounts payable | 17/49 | €704,009 | €895,738 | +€191,729 | +27.2% |
| Amounts payable after more than one year | 17 | €356,241 | €551,867 | +€195,626 | +54.9% |
| Financial debts | 170/4 | €356,241 | €551,867 | +€195,626 | +54.9% |
| Amounts payable within one year | 42/48 | €246,018 | €300,421 | +€54,403 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €54,548 | €54,420 | -€128 | -0.2% |
| Trade debts | 44 | €63,687 | €1,283 | -€62,404 | -98.0% |
| Suppliers | 440/4 | €63,687 | €1,283 | -€62,404 | -98.0% |
| Taxes, remuneration and social security | 45 | €58,099 | €86,814 | +€28,716 | +49.4% |
| Taxes | 450/3 | €34,274 | €37,848 | +€3,575 | +10.4% |
| Remuneration and social security | 454/9 | €23,825 | €48,966 | +€25,141 | +105.5% |
| Other amounts payable | 47/48 | €69,685 | €157,904 | +€88,220 | +126.6% |
| Accrued charges and deferred income | 492/3 | €101,750 | €43,450 | -€58,300 | -57.3% |
| Remuneration, social security and pensions | 62 | €114,522 | €145,539 | +€31,017 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,536 | €60,400 | +€16,865 | +38.7% |
| Other operating charges | 640/8 | €11,358 | €415 | -€10,944 | -96.4% |
| Gross operating margin | 9900 | €244,349 | €298,895 | +€54,546 | +22.3% |
| Operating profit (loss) | 9901 | €74,934 | €92,542 | +€17,608 | +23.5% |
| Financial income | 75/76B | - | €437 | +€437 | |
| Recurring financial income | 75 | - | €437 | +€437 | |
| Financial charges | 65/66B | €12,118 | €40,663 | +€28,544 | +235.6% |
| Recurring financial charges | 65 | €12,118 | €40,663 | +€28,544 | +235.6% |
| Profit (loss) for the period before taxes | 9903 | €62,816 | €52,316 | -€10,499 | -16.7% |
| Income taxes | 67/77 | €19,456 | €10,623 | -€8,834 | -45.4% |
| Profit (loss) for the period | 9904 | €43,359 | €41,693 | -€1,666 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,359 | €41,693 | -€1,666 | -3.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.