BROODBROEDERS: 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.
BROODBROEDERS
Largest movements
- Receivables within one year +€87,644
up €87,644 (+284%), from €30,874 to €118,518
of which Other amounts receivable: +€81,004
- Cash -€38,007
down €38,007 (-32.4%), from €117,409 to €79,402
mainly Receivables within one year (-€87,644) and Debts after one year (-€50,538)
- Trade debts +€65,647
up €65,647 (+214%), from €30,742 to €96,389
- Debts after one year -€50,538
down €50,538 (-18.7%), from €269,864 to €219,326
- Reserves +€26,224
up €26,224 (+22.1%), from €118,579 to €144,803
- Other debts +€9,675
up €9,675 (+48.2%), from €20,056 to €29,731
- Gross operating margin +€97,347
up €97,347 (+23.7%), from €410,466 to €507,813
- Staff costs +€64,666
up €64,666 (+21.2%), from €305,683 to €370,349
- Depreciation +€7,603
up €7,603 (+18.2%), from €41,781 to €49,384
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €624,054 | €671,497 | +€47,443 | +7.6% |
| Fixed assets | 21/28 | €465,625 | €464,368 | -€1,257 | -0.3% |
| Intangible fixed assets | 21 | €5,967 | €1,967 | -€4,000 | -67.0% |
| Tangible fixed assets | 22/27 | €459,658 | €462,401 | +€2,743 | +0.6% |
| Land and buildings | 22 | €342,991 | €361,195 | +€18,204 | +5.3% |
| Plant, machinery and equipment | 23 | €100,572 | €87,072 | -€13,500 | -13.4% |
| Furniture and vehicles | 24 | €16,095 | €14,134 | -€1,961 | -12.2% |
| Current assets | 29/58 | €158,430 | €207,129 | +€48,699 | +30.7% |
| Stocks and contracts in progress | 3 | €8,849 | €7,512 | -€1,337 | -15.1% |
| Stocks | 30/36 | €8,849 | €7,512 | -€1,337 | -15.1% |
| Amounts receivable within one year | 40/41 | €30,874 | €118,518 | +€87,644 | +284% |
| Trade receivables | 40 | €18,680 | €25,320 | +€6,640 | +35.5% |
| Other amounts receivable | 41 | €12,194 | €93,198 | +€81,004 | +664% |
| Cash at bank and in hand | 54/58 | €117,409 | €79,402 | -€38,007 | -32.4% |
| Deferred charges and accrued income | 490/1 | €1,297 | €1,697 | +€400 | +30.8% |
| Total equity and liabilities | 10/49 | €624,054 | €671,497 | +€47,443 | +7.6% |
| Equity | 10/15 | €189,579 | €215,803 | +€26,224 | +13.8% |
| Contributions | 10/11 | €71,000 | €71,000 | = | 0.0% |
| Reserves | 13 | €118,579 | €144,803 | +€26,224 | +22.1% |
| Distributable reserves | 133 | €118,579 | €144,803 | +€26,224 | +22.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €434,476 | €455,694 | +€21,219 | +4.9% |
| Amounts payable after more than one year | 17 | €269,864 | €219,326 | -€50,538 | -18.7% |
| Financial debts | 170/4 | €269,864 | €219,326 | -€50,538 | -18.7% |
| Amounts payable within one year | 42/48 | €164,347 | €235,309 | +€70,961 | +43.2% |
| Current portion of amounts payable after more than one year | 42 | €58,732 | €54,361 | -€4,371 | -7.4% |
| Trade debts | 44 | €30,742 | €96,389 | +€65,647 | +214% |
| Suppliers | 440/4 | €30,742 | €96,389 | +€65,647 | +214% |
| Taxes, remuneration and social security | 45 | €54,817 | €54,828 | +€10 | 0.0% |
| Taxes | 450/3 | €23,420 | €19,595 | -€3,825 | -16.3% |
| Remuneration and social security | 454/9 | €31,397 | €35,232 | +€3,835 | +12.2% |
| Other amounts payable | 47/48 | €20,056 | €29,731 | +€9,675 | +48.2% |
| Accrued charges and deferred income | 492/3 | €265 | €1,060 | +€796 | +301% |
| Remuneration, social security and pensions | 62 | €305,683 | €370,349 | +€64,666 | +21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,781 | €49,384 | +€7,603 | +18.2% |
| Other operating charges | 640/8 | €3,686 | €4,196 | +€510 | +13.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €410,466 | €507,813 | +€97,347 | +23.7% |
| Operating profit (loss) | 9901 | €59,316 | €83,883 | +€24,567 | +41.4% |
| Financial income | 75/76B | €161 | €2,656 | +€2,495 | +1,554% |
| Recurring financial income | 75 | €161 | €2,656 | +€2,495 | +1,554% |
| Financial charges | 65/66B | €5,161 | €9,543 | +€4,381 | +84.9% |
| Recurring financial charges | 65 | €5,161 | €9,543 | +€4,381 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | €54,315 | €76,996 | +€22,681 | +41.8% |
| Income taxes | 67/77 | €20,432 | €24,549 | +€4,117 | +20.1% |
| Profit (loss) for the period | 9904 | €33,884 | €52,448 | +€18,564 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,884 | €52,448 | +€18,564 | +54.8% |
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 26 October 2026 via checked.be.