Brood & Zoet: 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.
Brood & Zoet
Largest movements
- Tangible fixed assets -€21,558
down €21,558 (-22.5%), from €95,689 to €74,131
of which Plant, machinery and equipment: -€10,798
- Cash +€9,471
up €9,471 (+413.9%), from €2,288 to €11,759
mainly Depreciation (+€24,914) and Tax, wage and social debts (+€5,041)
- Deferred charges and accrued income +€2,905
up €2,905 (+380.5%), from €763 to €3,668
- Debts after one year -€20,509
down €20,509 (-35.7%), from €57,502 to €36,993
- Tax, wage and social debts +€5,041
up €5,041 (+131.5%), from €3,833 to €8,874
of which Remuneration and social security: +€3,717
- Trade debts +€4,951
up €4,951 (+22.9%), from €21,626 to €26,577
- Other debts -€3,473
down €3,473 (-46.6%), from €7,455 to €3,981
- Profit (loss) carried forward +€3,243
up €3,243 (+218.9%), from €1,482 to €4,724
- Other operating charges +€5,792
up €5,792 (+158.7%), from €3,650 to €9,442
- Gross operating margin +€2,984
up €2,984 (+4.2%), from €71,581 to €74,565
- Financial charges -€2,518
down €2,518 (-35.7%), from €7,062 to €4,543
- Depreciation -€1,344
down €1,344 (-5.1%), from €26,258 to €24,914
- Staff costs -€976
down €976 (-2.9%), from €33,150 to €32,173
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 | €113,798 | €104,159 | -€9,639 | -8.5% |
| Formation expenses | 20 | €127 | - | -€127 | |
| Fixed assets | 21/28 | €95,689 | €74,131 | -€21,558 | -22.5% |
| Tangible fixed assets | 22/27 | €95,689 | €74,131 | -€21,558 | -22.5% |
| Plant, machinery and equipment | 23 | €50,905 | €40,106 | -€10,798 | -21.2% |
| Furniture and vehicles | 24 | €2,678 | €1,973 | -€705 | -26.3% |
| Leasing and similar rights | 25 | €42,106 | €32,051 | -€10,055 | -23.9% |
| Current assets | 29/58 | €17,981 | €30,028 | +€12,047 | +67.0% |
| Stocks and contracts in progress | 3 | €12,001 | €12,433 | +€432 | +3.6% |
| Stocks | 30/36 | €12,001 | €12,433 | +€432 | +3.6% |
| Amounts receivable within one year | 40/41 | €2,929 | €2,169 | -€760 | -26.0% |
| Trade receivables | 40 | €2,797 | €2,151 | -€646 | -23.1% |
| Other amounts receivable | 41 | €132 | €17 | -€115 | -86.8% |
| Cash at bank and in hand | 54/58 | €2,288 | €11,759 | +€9,471 | +413.9% |
| Deferred charges and accrued income | 490/1 | €763 | €3,668 | +€2,905 | +380.5% |
| Total equity and liabilities | 10/49 | €113,798 | €104,159 | -€9,639 | -8.5% |
| Equity | 10/15 | €3,982 | €7,224 | +€3,243 | +81.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,482 | €4,724 | +€3,243 | +218.9% |
| Amounts payable | 17/49 | €109,816 | €96,935 | -€12,881 | -11.7% |
| Amounts payable after more than one year | 17 | €57,502 | €36,993 | -€20,509 | -35.7% |
| Financial debts | 170/4 | €57,502 | €36,993 | -€20,509 | -35.7% |
| Amounts payable within one year | 42/48 | €52,314 | €59,942 | +€7,628 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €19,400 | €20,509 | +€1,109 | +5.7% |
| Trade debts | 44 | €21,626 | €26,577 | +€4,951 | +22.9% |
| Suppliers | 440/4 | €21,626 | €26,577 | +€4,951 | +22.9% |
| Taxes, remuneration and social security | 45 | €3,833 | €8,874 | +€5,041 | +131.5% |
| Taxes | 450/3 | €848 | €2,172 | +€1,324 | +156.2% |
| Remuneration and social security | 454/9 | €2,985 | €6,702 | +€3,717 | +124.5% |
| Other amounts payable | 47/48 | €7,455 | €3,981 | -€3,473 | -46.6% |
| Remuneration, social security and pensions | 62 | €33,150 | €32,173 | -€976 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,258 | €24,914 | -€1,344 | -5.1% |
| Other operating charges | 640/8 | €3,650 | €9,442 | +€5,792 | +158.7% |
| Gross operating margin | 9900 | €71,581 | €74,565 | +€2,984 | +4.2% |
| Operating profit (loss) | 9901 | €8,523 | €8,035 | -€488 | -5.7% |
| Financial income | 75/76B | €20 | €104 | +€84 | +422.9% |
| Recurring financial income | 75 | €20 | €104 | +€84 | +422.9% |
| Financial charges | 65/66B | €7,062 | €4,543 | -€2,518 | -35.7% |
| Recurring financial charges | 65 | €7,062 | €4,543 | -€2,518 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €1,482 | €3,596 | +€2,114 | +142.7% |
| Income taxes | 67/77 | - | €353 | +€353 | |
| Profit (loss) for the period | 9904 | €1,482 | €3,243 | +€1,761 | +118.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,482 | €3,243 | +€1,761 | +118.9% |
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 11 October 2026 via checked.be.