BRONZE HUY: 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.
BRONZE HUY
Largest movements
- Tangible fixed assets -€9,444
down €9,444 (-27.9%), from €33,872 to €24,428
of which Plant, machinery and equipment: -€8,885
- Receivables within one year +€9,198
up €9,198 (+498%), from €1,846 to €11,044
of which Trade receivables: +€9,308
- Cash +€6,124
up €6,124 (+137%), from €4,462 to €10,586
mainly Depreciation (+€10,114) and Net result for the year (+€3,080)
- Deferred charges and accrued income +€1,285
new in 2025: €1,285
- Profit (loss) carried forward +€3,080
up €3,080 (+52.6%), from -€5,861 to -€2,781
- Other debts +€2,420
up €2,420 (+9.4%), from €25,729 to €28,149
- Tax, wage and social debts +€2,029
up €2,029 (+69.8%), from €2,905 to €4,934
of which Remuneration and social security: +€2,429
- Gross operating margin +€15,973
up €15,973 (+639%), from €2,501 to €18,474
- Staff costs +€4,280
new in 2025: €4,280
- Depreciation +€2,157
up €2,157 (+27.1%), from €7,957 to €10,114
- Other operating charges +€582
up €582 (+139%), from €419 to €1,001
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 | €40,811 | €48,308 | +€7,497 | +18.4% |
| Fixed assets | 21/28 | €33,928 | €24,638 | -€9,290 | -27.4% |
| Tangible fixed assets | 22/27 | €33,872 | €24,428 | -€9,444 | -27.9% |
| Plant, machinery and equipment | 23 | €28,809 | €19,924 | -€8,885 | -30.8% |
| Furniture and vehicles | 24 | €5,063 | €4,504 | -€559 | -11.0% |
| Financial fixed assets | 28 | €56 | €210 | +€154 | +275% |
| Current assets | 29/58 | €6,883 | €23,670 | +€16,787 | +244% |
| Stocks and contracts in progress | 3 | €575 | €755 | +€180 | +31.3% |
| Stocks | 30/36 | €575 | €755 | +€180 | +31.3% |
| Amounts receivable within one year | 40/41 | €1,846 | €11,044 | +€9,198 | +498% |
| Trade receivables | 40 | €1,736 | €11,044 | +€9,308 | +536% |
| Other amounts receivable | 41 | €110 | - | -€110 | |
| Cash at bank and in hand | 54/58 | €4,462 | €10,586 | +€6,124 | +137% |
| Deferred charges and accrued income | 490/1 | - | €1,285 | +€1,285 | |
| Total equity and liabilities | 10/49 | €40,811 | €48,308 | +€7,497 | +18.4% |
| Equity | 10/15 | €12,139 | €15,219 | +€3,080 | +25.4% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,861 | -€2,781 | +€3,080 | +52.6% |
| Amounts payable | 17/49 | €28,672 | €33,089 | +€4,417 | +15.4% |
| Amounts payable within one year | 42/48 | €28,672 | €33,089 | +€4,417 | +15.4% |
| Trade debts | 44 | €38 | €6 | -€32 | -84.2% |
| Suppliers | 440/4 | €38 | €6 | -€32 | -84.2% |
| Taxes, remuneration and social security | 45 | €2,905 | €4,934 | +€2,029 | +69.8% |
| Taxes | 450/3 | €2,905 | €2,505 | -€400 | -13.8% |
| Remuneration and social security | 454/9 | - | €2,429 | +€2,429 | |
| Other amounts payable | 47/48 | €25,729 | €28,149 | +€2,420 | +9.4% |
| Remuneration, social security and pensions | 62 | - | €4,280 | +€4,280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,957 | €10,114 | +€2,157 | +27.1% |
| Other operating charges | 640/8 | €419 | €1,001 | +€582 | +139% |
| Gross operating margin | 9900 | €2,501 | €18,474 | +€15,973 | +639% |
| Operating profit (loss) | 9901 | -€5,875 | €3,079 | +€8,954 | |
| Financial income | 75/76B | €24 | €1 | -€23 | -95.8% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -95.8% |
| Financial charges | 65/66B | €10 | - | -€10 | |
| Recurring financial charges | 65 | €10 | - | -€10 | |
| Profit (loss) for the period before taxes | 9903 | -€5,861 | €3,080 | +€8,941 | |
| Profit (loss) for the period | 9904 | -€5,861 | €3,080 | +€8,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,861 | €3,080 | +€8,941 |
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 24 October 2026 via checked.be.