BROOD+: 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.
BROOD+
Largest movements
- Cash -€24,370
down €24,370 (-52.3%), from €46,620 to €22,250
mainly Contributions, distributions and other (-€50,000) and Debts after one year (-€18,529)
- Tangible fixed assets -€15,152
down €15,152 (-14.4%), from €105,091 to €89,939
of which Other tangible fixed assets: -€11,162
- Receivables within one year -€7,030
down €7,030 (-43.0%), from €16,337 to €9,307
of which Other amounts receivable: -€4,390
- Deferred charges and accrued income +€3,583
up €3,583 (+156.8%), from €2,286 to €5,868
- Debts after one year -€18,529
down €18,529 (-35.0%), from €52,984 to €34,454
- Reserves -€16,690
down €16,690 (-30.1%), from €55,397 to €38,707
- Trade debts -€5,758
down €5,758 (-20.3%), from €28,367 to €22,609
- Current portion of long-term debt -€3,119
down €3,119 (-14.4%), from €21,648 to €18,529
- Staff costs -€5,938
down €5,938 (-12.0%), from €49,295 to €43,357
- Gross operating margin -€5,753
down €5,753 (-4.8%), from €120,295 to €114,542
- Taxes +€2,017
up €2,017 (+29.6%), from €6,805 to €8,822
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,195 | €136,501 | -€44,693 | -24.7% |
| Fixed assets | 21/28 | €105,091 | €89,939 | -€15,152 | -14.4% |
| Tangible fixed assets | 22/27 | €105,091 | €89,939 | -€15,152 | -14.4% |
| Plant, machinery and equipment | 23 | €28,235 | €23,883 | -€4,352 | -15.4% |
| Furniture and vehicles | 24 | €1,658 | €2,020 | +€362 | +21.8% |
| Other tangible fixed assets | 26 | €75,197 | €64,036 | -€11,162 | -14.8% |
| Current assets | 29/58 | €76,104 | €46,562 | -€29,542 | -38.8% |
| Stocks and contracts in progress | 3 | €10,861 | €9,137 | -€1,724 | -15.9% |
| Stocks | 30/36 | €10,861 | €9,137 | -€1,724 | -15.9% |
| Amounts receivable within one year | 40/41 | €16,337 | €9,307 | -€7,030 | -43.0% |
| Trade receivables | 40 | €5,352 | €2,712 | -€2,640 | -49.3% |
| Other amounts receivable | 41 | €10,986 | €6,595 | -€4,390 | -40.0% |
| Cash at bank and in hand | 54/58 | €46,620 | €22,250 | -€24,370 | -52.3% |
| Deferred charges and accrued income | 490/1 | €2,286 | €5,868 | +€3,583 | +156.8% |
| Total equity and liabilities | 10/49 | €181,195 | €136,501 | -€44,693 | -24.7% |
| Equity | 10/15 | €61,397 | €44,707 | -€16,690 | -27.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €55,397 | €38,707 | -€16,690 | -30.1% |
| Distributable reserves | 133 | €55,397 | €38,707 | -€16,690 | -30.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €119,798 | €91,794 | -€28,003 | -23.4% |
| Amounts payable after more than one year | 17 | €52,984 | €34,454 | -€18,529 | -35.0% |
| Financial debts | 170/4 | €52,984 | €34,454 | -€18,529 | -35.0% |
| Amounts payable within one year | 42/48 | €66,814 | €57,340 | -€9,474 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €21,648 | €18,529 | -€3,119 | -14.4% |
| Trade debts | 44 | €28,367 | €22,609 | -€5,758 | -20.3% |
| Suppliers | 440/4 | €28,367 | €22,609 | -€5,758 | -20.3% |
| Taxes, remuneration and social security | 45 | €14,954 | €15,806 | +€852 | +5.7% |
| Taxes | 450/3 | €3,947 | €6,124 | +€2,177 | +55.2% |
| Remuneration and social security | 454/9 | €11,007 | €9,682 | -€1,325 | -12.0% |
| Other amounts payable | 47/48 | €1,846 | €395 | -€1,451 | -78.6% |
| Remuneration, social security and pensions | 62 | €49,295 | €43,357 | -€5,938 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,084 | €20,133 | +€49 | +0.2% |
| Other operating charges | 640/8 | €792 | €979 | +€187 | +23.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €120,295 | €114,542 | -€5,753 | -4.8% |
| Operating profit (loss) | 9901 | €50,124 | €50,072 | -€52 | -0.1% |
| Financial income | 75/76B | €78 | €110 | +€32 | +40.4% |
| Recurring financial income | 75 | €78 | €110 | +€32 | +40.4% |
| Financial charges | 65/66B | €7,264 | €8,050 | +€786 | +10.8% |
| Recurring financial charges | 65 | €7,264 | €8,050 | +€786 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €42,939 | €42,132 | -€806 | -1.9% |
| Income taxes | 67/77 | €6,805 | €8,822 | +€2,017 | +29.6% |
| Profit (loss) for the period | 9904 | €36,134 | €33,310 | -€2,824 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,134 | €33,310 | -€2,824 | -7.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.