Brosa: 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.
Brosa
Largest movements
- Receivables within one year -€148,458
down €148,458 (-45.1%), from €329,170 to €180,712
- Current investments +€84,676
new in 2015: €84,676
- Cash -€78,589
no longer reported in 2015 (was €78,589)
mainly Debts (-€133,586) and Current investments (-€84,676)
- Tangible fixed assets +€9,824
up €9,824 (+7.0%), from €140,286 to €150,110
- Debts -€133,586
down €133,586 (-29.0%), from €459,964 to €326,378
- Gross operating margin -€117,647
down €117,647 (-76.8%), from €153,157 to €35,510
From the 2014 result to the 2015 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 2014 and 2015 balance sheets and the 2015 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €548,045 | €415,498 | -€132,548 | -24.2% |
| Fixed assets | 21/28 | €140,286 | €150,110 | +€9,824 | +7.0% |
| Tangible fixed assets | 22/27 | €140,286 | €150,110 | +€9,824 | +7.0% |
| Current assets | 29/58 | €407,759 | €265,388 | -€142,372 | -34.9% |
| Amounts receivable within one year | 40/41 | €329,170 | €180,712 | -€148,458 | -45.1% |
| Current investments | 50/53 | - | €84,676 | +€84,676 | |
| Cash at bank and in hand | 54/58 | €78,589 | - | -€78,589 | |
| Total equity and liabilities | 10/49 | €548,045 | €415,498 | -€132,548 | -24.2% |
| Equity | 10/15 | €88,081 | €89,120 | +€1,038 | +1.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €26,081 | €27,120 | +€1,038 | +4.0% |
| Amounts payable | 17/49 | €459,964 | €326,378 | -€133,586 | -29.0% |
| Amounts payable after more than one year | 17 | €304,778 | €304,778 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,186 | €21,600 | -€3,586 | -14.2% |
| Trade debts | 44 | €5,152 | €4,380 | -€772 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €570 | +€570 | |
| Gross operating margin | 9900 | €153,157 | €35,510 | -€117,647 | -76.8% |
| Operating profit (loss) | 9901 | €22,145 | €23,170 | +€1,025 | +4.6% |
| Recurring financial income | 75 | €4,491 | €11,387 | +€6,896 | +154% |
| Recurring financial charges | 65 | €18,422 | €18,636 | +€214 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €8,214 | €15,922 | +€7,708 | +93.8% |
| Income taxes | 67/77 | €3,467 | €4,883 | +€1,416 | +40.8% |
| Profit (loss) for the period | 9904 | €4,746 | €11,038 | +€6,292 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €4,746 | €11,038 | +€6,292 | +133% |
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.