BROPA: 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.
BROPA
Largest movements
- Stocks and contracts -€85,350
down €85,350 (-100.0%), from €85,350 to €0
- Tangible fixed assets -€32,479
down €32,479 (-7.6%), from €427,009 to €394,530
of which Land and buildings: -€25,176
- Deferred charges and accrued income -€11,169
down €11,169 (-65.1%), from €17,169 to €6,000
- Current portion of long-term debt -€81,000
down €81,000 (-82.4%), from €98,333 to €17,333
- Debts after one year -€17,333
down €17,333 (-25.0%), from €69,334 to €52,001
- Profit (loss) carried forward -€17,141
down €17,141 (-24.0%), from -€71,498 to -€88,639
- Trade debts -€13,891
down €13,891 (-100.0%), from €13,891 to €0
- Gross operating margin -€53,268
down €53,268 (-59.5%), from €89,543 to €36,275
- Other operating charges -€1,631
down €1,631 (-25.4%), from €6,420 to €4,789
- Financial charges -€1,276
down €1,276 (-10.5%), from €12,205 to €10,929
- Depreciation -€1,223
down €1,223 (-3.0%), from €40,183 to €38,959
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 | €727,272 | €594,798 | -€132,474 | -18.2% |
| Fixed assets | 21/28 | €427,629 | €395,150 | -€32,479 | -7.6% |
| Tangible fixed assets | 22/27 | €427,009 | €394,530 | -€32,479 | -7.6% |
| Land and buildings | 22 | €344,897 | €319,721 | -€25,176 | -7.3% |
| Plant, machinery and equipment | 23 | €38,052 | €38,474 | +€422 | +1.1% |
| Furniture and vehicles | 24 | €860 | €335 | -€525 | -61.0% |
| Leasing and similar rights | 25 | €43,200 | €36,000 | -€7,200 | -16.7% |
| Financial fixed assets | 28 | €620 | €620 | = | 0.0% |
| Current assets | 29/58 | €299,643 | €199,649 | -€99,994 | -33.4% |
| Stocks and contracts in progress | 3 | €85,350 | €0 | -€85,350 | -100.0% |
| Stocks | 30/36 | €85,350 | €0 | -€85,350 | -100.0% |
| Amounts receivable within one year | 40/41 | €192,951 | €189,843 | -€3,108 | -1.6% |
| Trade receivables | 40 | €114,170 | €100,531 | -€13,639 | -11.9% |
| Other amounts receivable | 41 | €78,781 | €89,312 | +€10,531 | +13.4% |
| Cash at bank and in hand | 54/58 | €4,173 | €3,805 | -€368 | -8.8% |
| Deferred charges and accrued income | 490/1 | €17,169 | €6,000 | -€11,169 | -65.1% |
| Total equity and liabilities | 10/49 | €727,272 | €594,798 | -€132,474 | -18.2% |
| Equity | 10/15 | €515,784 | €498,643 | -€17,141 | -3.3% |
| Contributions | 10/11 | €49,580 | €49,580 | = | 0.0% |
| Reserves | 13 | €537,702 | €537,702 | = | 0.0% |
| Distributable reserves | 133 | €537,702 | €537,702 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,498 | -€88,639 | -€17,141 | -24.0% |
| Amounts payable | 17/49 | €211,487 | €96,155 | -€115,332 | -54.5% |
| Amounts payable after more than one year | 17 | €69,334 | €52,001 | -€17,333 | -25.0% |
| Financial debts | 170/4 | €69,334 | €52,001 | -€17,333 | -25.0% |
| Amounts payable within one year | 42/48 | €140,854 | €42,363 | -€98,491 | -69.9% |
| Current portion of amounts payable after more than one year | 42 | €98,333 | €17,333 | -€81,000 | -82.4% |
| Trade debts | 44 | €13,891 | €0 | -€13,891 | -100.0% |
| Suppliers | 440/4 | €13,891 | €0 | -€13,891 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,039 | €1,012 | -€1,027 | -50.4% |
| Taxes | 450/3 | €2,039 | €1,012 | -€1,027 | -50.4% |
| Other amounts payable | 47/48 | €26,591 | €24,018 | -€2,573 | -9.7% |
| Accrued charges and deferred income | 492/3 | €1,299 | €1,792 | +€492 | +37.9% |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | €97 | €97 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,183 | €38,959 | -€1,223 | -3.0% |
| Other operating charges | 640/8 | €6,420 | €4,789 | -€1,631 | -25.4% |
| Gross operating margin | 9900 | €89,543 | €36,275 | -€53,268 | -59.5% |
| Operating profit (loss) | 9901 | €42,843 | -€7,571 | -€50,414 | |
| Financial income | 75/76B | €1,667 | €1,651 | -€17 | -1.0% |
| Recurring financial income | 75 | €1,667 | €1,651 | -€17 | -1.0% |
| Financial charges | 65/66B | €12,205 | €10,929 | -€1,276 | -10.5% |
| Recurring financial charges | 65 | €12,205 | €10,929 | -€1,276 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €32,306 | -€16,849 | -€49,155 | |
| Income taxes | 67/77 | €541 | €292 | -€249 | -46.0% |
| Profit (loss) for the period | 9904 | €31,765 | -€17,141 | -€48,906 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,765 | -€17,141 | -€48,906 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.