Bronselaer: 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.
Bronselaer
Largest movements
- Tangible fixed assets -€22,433
down €22,433 (-5.6%), from €398,515 to €376,082
- Receivables within one year -€20,753
down €20,753 (-51.5%), from €40,269 to €19,516
of which Trade receivables: -€17,047
- Cash -€10,855
down €10,855 (-36.9%), from €29,444 to €18,589
mainly Debts after one year (-€36,705) and Investment in fixed assets (net) (-€11,869)
- Debts after one year -€36,705
down €36,705 (-15.5%), from €236,282 to €199,578
- Trade debts -€8,291
down €8,291 (-28.7%), from €28,908 to €20,617
- Tax, wage and social debts -€6,926
no longer reported in 2025 (was €6,926)
- Gross operating margin -€42,413
down €42,413 (-41.4%), from €102,404 to €59,992
- Depreciation -€7,788
down €7,788 (-18.5%), from €42,090 to €34,302
- Taxes -€7,131
down €7,131 (-59.8%), from €11,926 to €4,796
- Other operating charges +€3,552
up €3,552 (+122%), from €2,916 to €6,468
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 | €472,993 | €419,844 | -€53,149 | -11.2% |
| Fixed assets | 21/28 | €398,515 | €376,082 | -€22,433 | -5.6% |
| Tangible fixed assets | 22/27 | €398,515 | €376,082 | -€22,433 | -5.6% |
| Land and buildings | 22 | €334,820 | €329,737 | -€5,083 | -1.5% |
| Plant, machinery and equipment | 23 | €13,429 | €10,116 | -€3,313 | -24.7% |
| Furniture and vehicles | 24 | €24,374 | €18,703 | -€5,671 | -23.3% |
| Leasing and similar rights | 25 | €25,893 | €17,528 | -€8,366 | -32.3% |
| Current assets | 29/58 | €74,478 | €43,761 | -€30,716 | -41.2% |
| Stocks and contracts in progress | 3 | €2,470 | €3,375 | +€905 | +36.6% |
| Stocks | 30/36 | €2,470 | €3,375 | +€905 | +36.6% |
| Amounts receivable within one year | 40/41 | €40,269 | €19,516 | -€20,753 | -51.5% |
| Trade receivables | 40 | €28,858 | €11,811 | -€17,047 | -59.1% |
| Other amounts receivable | 41 | €11,411 | €7,705 | -€3,707 | -32.5% |
| Cash at bank and in hand | 54/58 | €29,444 | €18,589 | -€10,855 | -36.9% |
| Deferred charges and accrued income | 490/1 | €2,295 | €2,282 | -€13 | -0.6% |
| Total equity and liabilities | 10/49 | €472,993 | €419,844 | -€53,149 | -11.2% |
| Equity | 10/15 | €148,181 | €152,391 | +€4,210 | +2.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €89,150 | €93,357 | +€4,206 | +4.7% |
| Tax-exempt reserves | 132 | €12,150 | €11,283 | -€868 | -7.1% |
| Distributable reserves | 133 | €77,000 | €82,074 | +€5,074 | +6.6% |
| Profit (loss) carried forward | 14 | €39,031 | €39,034 | +€4 | 0.0% |
| Provisions and deferred taxes | 16 | €4,050 | €3,761 | -€289 | -7.1% |
| Deferred taxes | 168 | €4,050 | €3,761 | -€289 | -7.1% |
| Amounts payable | 17/49 | €320,762 | €263,692 | -€57,070 | -17.8% |
| Amounts payable after more than one year | 17 | €236,282 | €199,578 | -€36,705 | -15.5% |
| Financial debts | 170/4 | €236,282 | €199,578 | -€36,705 | -15.5% |
| Amounts payable within one year | 42/48 | €84,480 | €64,114 | -€20,365 | -24.1% |
| Current portion of amounts payable after more than one year | 42 | €39,974 | €38,371 | -€1,603 | -4.0% |
| Trade debts | 44 | €28,908 | €20,617 | -€8,291 | -28.7% |
| Suppliers | 440/4 | €28,908 | €20,617 | -€8,291 | -28.7% |
| Taxes, remuneration and social security | 45 | €6,926 | - | -€6,926 | |
| Taxes | 450/3 | €6,926 | - | -€6,926 | |
| Other amounts payable | 47/48 | €8,671 | €5,126 | -€3,545 | -40.9% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,090 | €34,302 | -€7,788 | -18.5% |
| Other operating charges | 640/8 | €2,916 | €6,468 | +€3,552 | +122% |
| Non-recurring operating charges | 66A | €3,100 | - | -€3,100 | |
| Gross operating margin | 9900 | €102,404 | €59,992 | -€42,413 | -41.4% |
| Operating profit (loss) | 9901 | €54,298 | €19,222 | -€35,076 | -64.6% |
| Financial income | 75/76B | €38 | €22 | -€15 | -40.7% |
| Recurring financial income | 75 | €38 | €22 | -€15 | -40.7% |
| Financial charges | 65/66B | €6,260 | €5,402 | -€858 | -13.7% |
| Recurring financial charges | 65 | €6,260 | €5,402 | -€858 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €48,076 | €13,842 | -€34,234 | -71.2% |
| Income taxes | 67/77 | €11,926 | €4,796 | -€7,131 | -59.8% |
| Profit (loss) for the period | 9904 | €36,150 | €9,046 | -€27,103 | -75.0% |
| Transfer from tax-exempt reserves | 789 | €1,157 | €1,157 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,307 | €10,204 | -€27,103 | -72.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.