BROOTHAERTS: 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.
BROOTHAERTS
Largest movements
- Current investments +€215,326
up €215,326 (+210.6%), from €102,250 to €317,576
- Cash -€143,588
down €143,588 (-16.4%), from €875,507 to €731,919
mainly Contributions, distributions and other (-€415,688) and Current investments (-€215,326)
- Tangible fixed assets -€92,595
down €92,595 (-5.5%), from €1.7m to €1.6m
of which Land and buildings: -€103,768
- Receivables within one year -€75,267
down €75,267 (-49.6%), from €151,831 to €76,564
of which Trade receivables: -€95,788
- Tax, wage and social debts -€59,934
down €59,934 (-26.9%), from €222,451 to €162,517
of which Taxes: -€59,351
- Current portion of long-term debt -€33,334
down €33,334 (-66.7%), from €50,001 to €16,667
- Gross operating margin -€186,258
down €186,258 (-12.5%), from €1.5m to €1.3m
- Taxes -€57,317
down €57,317 (-21.9%), from €261,801 to €204,484
- Staff costs -€23,897
down €23,897 (-4.5%), from €529,709 to €505,812
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 | €2,873,435 | €2,790,704 | -€82,731 | -2.9% |
| Fixed assets | 21/28 | €1,677,571 | €1,584,976 | -€92,595 | -5.5% |
| Tangible fixed assets | 22/27 | €1,677,571 | €1,584,976 | -€92,595 | -5.5% |
| Land and buildings | 22 | €1,517,601 | €1,413,833 | -€103,768 | -6.8% |
| Plant, machinery and equipment | 23 | €71,619 | €78,199 | +€6,580 | +9.2% |
| Furniture and vehicles | 24 | €88,351 | €92,944 | +€4,593 | +5.2% |
| Current assets | 29/58 | €1,195,864 | €1,205,728 | +€9,864 | +0.8% |
| Stocks and contracts in progress | 3 | €66,276 | €79,669 | +€13,393 | +20.2% |
| Stocks | 30/36 | €66,276 | €79,669 | +€13,393 | +20.2% |
| Amounts receivable within one year | 40/41 | €151,831 | €76,564 | -€75,267 | -49.6% |
| Trade receivables | 40 | €149,924 | €54,136 | -€95,788 | -63.9% |
| Other amounts receivable | 41 | €1,907 | €22,428 | +€20,521 | +1076.1% |
| Current investments | 50/53 | €102,250 | €317,576 | +€215,326 | +210.6% |
| Cash at bank and in hand | 54/58 | €875,507 | €731,919 | -€143,588 | -16.4% |
| Total equity and liabilities | 10/49 | €2,873,435 | €2,790,704 | -€82,731 | -2.9% |
| Equity | 10/15 | €2,501,971 | €2,514,146 | +€12,175 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,479,949 | €2,492,812 | +€12,863 | +0.5% |
| Distributable reserves | 133 | €2,479,949 | €2,492,812 | +€12,863 | +0.5% |
| Investment grants | 15 | €3,422 | €2,734 | -€688 | -20.1% |
| Amounts payable | 17/49 | €371,464 | €276,558 | -€94,906 | -25.5% |
| Amounts payable after more than one year | 17 | €16,667 | - | -€16,667 | |
| Financial debts | 170/4 | €16,667 | - | -€16,667 | |
| Amounts payable within one year | 42/48 | €351,047 | €274,043 | -€77,004 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €50,001 | €16,667 | -€33,334 | -66.7% |
| Trade debts | 44 | €63,265 | €82,359 | +€19,094 | +30.2% |
| Suppliers | 440/4 | €63,265 | €82,359 | +€19,094 | +30.2% |
| Advances received on contracts in progress | 46 | €15,330 | €12,500 | -€2,830 | -18.5% |
| Taxes, remuneration and social security | 45 | €222,451 | €162,517 | -€59,934 | -26.9% |
| Taxes | 450/3 | €189,055 | €129,704 | -€59,351 | -31.4% |
| Remuneration and social security | 454/9 | €33,396 | €32,813 | -€583 | -1.7% |
| Accrued charges and deferred income | 492/3 | €3,750 | €2,515 | -€1,235 | -32.9% |
| Remuneration, social security and pensions | 62 | €529,709 | €505,812 | -€23,897 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,893 | €171,321 | +€6,428 | +3.9% |
| Other operating charges | 640/8 | €14,689 | €19,122 | +€4,433 | +30.2% |
| Gross operating margin | 9900 | €1,490,388 | €1,304,130 | -€186,258 | -12.5% |
| Operating profit (loss) | 9901 | €781,097 | €607,875 | -€173,222 | -22.2% |
| Financial income | 75/76B | €34,972 | €26,306 | -€8,666 | -24.8% |
| Recurring financial income | 75 | €34,972 | €26,306 | -€8,666 | -24.8% |
| Financial charges | 65/66B | €6,289 | €1,834 | -€4,455 | -70.8% |
| Recurring financial charges | 65 | €6,289 | €1,834 | -€4,455 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €809,780 | €632,347 | -€177,433 | -21.9% |
| Income taxes | 67/77 | €261,801 | €204,484 | -€57,317 | -21.9% |
| Profit (loss) for the period | 9904 | €547,979 | €427,863 | -€120,116 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €547,979 | €427,863 | -€120,116 | -21.9% |
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 10 October 2026 via checked.be.